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South Africa’s foreign procurement ratio dropped by 21%, Chinese textiles face huge challenges!
As one of the most economically developed countries in Africa, South Africa’s textile and garment industry is one of its very important industrial sectors. The textile indust…
Caused 1 death and 1 injury! Shanghai Petrochemical Ethylene Glycol Plant Accident: Accounting for 1.67% of the country’s total production capacity, what will be the impact in the future?
According to the official Weibo account of Shanghai Fire Protection, at about 4:00 on June 18, a deflagration occurred in the ethylene glycol unit of the Chemical Department of Sha…
The exchange rate fell to a new low in 20 years!
Focusing on the recent continued decline in the yen exchange rate, Japan’s Ministry of Finance, Financial Services Agency and Bank of Japan held a meeting on the 10th local t…
Sudden! An iconic Uniqlo store is closing! There were once 4,000 people lining up to enter the store…
Uniqlo, a well-known Japanese clothing brand, will close an iconic store in a bustling business district in central Tokyo today. What is the reason for closing the store? What is t…
The final stubbornness! The stock quantity exceeds 250 million! After more than two seasons of suspension, the textile and clothing company “618” is fighting with its last resort!
Give it a try and turn your bicycle into a motorcycle! After more than two quarters of interruption due to the mild winter and the epidemic, seasonal stocking has become the most s…
The Federal Reserve’s historic interest rate hike, where will the offshore RMB go?
The yuan performed strongly, raising the central parity rate by 419 basis points against the backdrop of the Federal Reserve’s sharp interest rate hike of 75 basis points ove…
The negatives are greater than the positives, and cotton prices may be easy to fall but difficult to rise in the short term.
Recently, the “high fever” in cotton prices at home and abroad has subsided. USDA released its supply and demand forecast for June. The overall report was slightly bear…
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It is urgent to reduce raw material expenditures, and high-cost raw materials may have difficulty finding a place.
With freight and fuel prices soaring, the cost of global bulk raw materials has soared, which has directly dealt a heavy blow to Asian garment manufacturers in the lower reaches of…
618 weaving retreats, the gray cloth market may face inventory disaster, and accumulated inventory forms a “barrier lake”
This year’s 618, clothing brands with an overall inventory of more than 250 million yuan on a certain platform may also face inventory problems in the future! The recovery of…
Shocked, 19 batches of textile fabrics from a certain place were found to be substandard!
According to a notice released on the website of the Guangzhou Municipal Administration for Market Regulation on June 16, 2022, recently, the Guangzhou Municipal Administration for…