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Plunged 28%, H&M suffers “current world news”
“Smashing pots while eating”, H&M has recently experienced the “reality of the world”. On July 1, H&M announced its second-quarter financial report.…
American fast fashion giant Gap: decided to close stores again, a total of 81 stores!
American clothing retailer Gap announced on Wednesday that it has proposed a phased closure of all stores in the United Kingdom and Ireland from the end of August to the end of Sep…
The spandex is going crazy! Profits have been squeezed out, and weaving companies quote prices instantly and reduce production at any time!
Spandex, known as the “monosodium glutamate” in the textile industry, has continued to rise in price since the beginning of the year and has rapidly “out of the c…
PTA, polyester, spandex, and nylon are rising rapidly! How will the market cope with rising costs in the off-season?
Polyester has experienced a surge this week, PTA has rebounded strongly, spandex prices are difficult to control, and nylon prices have rebounded… Let’s take a look at …
Visited Guangzhou Garment Village, where 50% of the country’s low-end women’s clothing is produced
That day I went to have a meal with a friend near Sun Yat-sen University. After we had a nice meal, my friend suggested that I visit the nearby Guangzhou Textile City. I thought to…
Outperformed the Shanghai Composite Index! The textile and apparel sector overall rose 18.99% in the first half of the year! Is the future worth looking forward to?
Since the beginning of this year, the textile and apparel sector has performed well, with the overall stock price rising 18.99%, far outperforming the Shanghai Composite Index duri…
Strange phenomenon in global shipping: Containers pile up like mountains in developed countries, but it is “hard to find even one container” in Asia
Global trade is sluggish in 2020, and trade volume has shrunk. However, since the third quarter of last year, a strange phenomenon has occurred in global shipping, that is, “…
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The yarn mill is operating at full capacity, the supply of yarn exceeds demand, and the backflow of foreign orders breaks out?
NO.1 Suzhou: The supply of cotton yarn exceeds the demand, and the yarn mills are operating at full capacity The investigation revealed that from April to May, local cotton yarn mi…
Major manufacturers are “letting go” for inspections and raising prices because of the east wind! With the skyrocketing price of spandex, this chemical fiber raw material seems to be unable to hold back!
There has been little movement in the nylon chip industry recently, but the price of crude oil WTI hit a new high of US$73/barrel this week, the price of pure benzene has gradually…
Chemical fiber industry chain market review in June 2021 and outlook for July
In June, the upstream and downstream markets of the polyester industry chain showed a generally volatile and strong trend. International crude oil prices remained strong and broke …