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A review of the third quarter performance of 31 clothing brands
Zara Zara’s parent company, Spanish clothing retail giant Inditex Group, announced its results for the first three quarters of fiscal year 2021 (February-October). Net sales for th…
Fabrics have increased significantly, and clothing companies are under pressure from both ends! The downstream collective is frying, and profits are once again upside down!
The price of clothing fabrics has remained high since the beginning of this year, especially in the fourth quarter, when the price increased significantly. However, in the face of …
EIA inventories fell more than expected, international oil prices closed higher
Introduction: Data released by the U.S. Energy Information Administration (EIA) on Wednesday showed that U.S. commercial crude oil inventories fell by 4.715 million barrels to 423.…
Polyester filament is “priced” again. Can polyester factories seize the last opportunity at the end of the month?
The curse of waiting until promotions start may start again at the end of the month! Will polyester factories seize the last chance at the end of the month? If the downstream does …
Nike announces second quarter fiscal 2022 results
On December 21, Nike announced its second quarter results for fiscal year 2022. Q2 revenue was US$11.36 billion, a year-on-year increase of 1%, slightly exceeding market expectatio…
44 sailings were canceled in the past four weeks, 75% of which were in the Western United States, and many shipping companies announced plans to jump to ports!
According to Danish shipping consulting company Sea-Intelligence, it used the congestion update data released by HMM from November 16, 2020 to December 16, 2021, to study and analy…
Industry leaders continue to invest enthusiastically, and the textile market may undergo a major reshuffle next year!
In today’s textile industry, small ones find it difficult to survive and are crumbling in the wind and rain, while large ones appear to be solid, but are actually suffering. …
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A review of India’s cotton subsidies in the past two years
Cotton subsidies in India are mainly realized through MSP (minimum support price). The Indian government issues a new MSP before the start of each year. The Cotton Corporation of I…
Strong willingness to raise prices, cotton prices will remain volatile
Cotton prices continued to fluctuate and fall in the early stage. Although they have rebounded recently, the overall momentum is insufficient. Sales in the domestic cotton spinning…
Oil prices turn around, PTA bottoms out
International oil prices rose sharply overnight, and the cost side boosted PTA bottoming out in late trading. On the 22nd, it once rose by more than 4% to close at 4,784 yuan, and …