February 2024

Large seasonal drops in apparel and footwear prices are observed in Germany in January

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The Federal Statistical Office (Destatis) reports that in January of this year, Germany’s consumer price index (CPI)-based inflation rate was 2.9%. In December of the previous year, it was 3.7%, and in November, it was 3.2%. In January, there was a monthly increase of 0.2% in consumer prices (MoM). In June 2021, inflation was 2.4%, …

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Puma and Scuderia Ferrari of Germany introduce their 2024 replica line

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We are excited to present the newest Scuderia Ferrari Replica Collection for the 2024 Formula One season, collaborating with Global Sports Company PUMA and Scuderia Ferrari. The Scuderia Ferrari Replica Collection pays homage to the vivid colour of Modena’s history by boldly integrating yellow, a nod to the team’s rich past and the city’s history. …

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Mussel-inspired coating protects fabrics from infections

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A novel substance has been developed by UAB and ICN2 researchers to combat the spread of diseases, pathogens, and antibiotic resistance. It can be used as a coating to protect healthcare fabrics and offers a practical substitute for frequently used materials including paper, cotton, surgical masks, and commercial plasters. It was inspired by the compounds …

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Mexico’s clothing output declines in 2023

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According to the February 2023 edition of Inegi’s Monthly Indicator of Industrial Activity (IMAI), the fashion industry’s production divisions ended the 2023 fiscal year with negative output results. According to the Inegi report, December had a 6.8% decrease in apparel output when compared to the same month in 2022. In the meantime, a comparison of …

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Denmark’s Bestseller-supported ReSuit offers solutions for recycling

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The ReSuit initiative has been looking for a way to recycle textiles for the last three years. The project coalition is now prepared to share its encouraging results. We have worked on Denmark’s first large-scale textile recycling initiative, ReSuit, for the past three years alongside researchers, recycling professionals, behavioural experts, and other textile and fashion …

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C2C Fashion and Technology and Complete Image Manufacturing (CIM) collaborate to support Detroit’s garment industry

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A strategic alliance and the opening of an exclusive showroom have been announced by Complete Image Manufacturing (CIM), a pioneer in the on-shore and micro garment manufacturing industries, and US-based technology provider C2C Fashion and Technology. Together, the partnership offers state-of-the-art technology, all-inclusive fashion services, and a dedication to innovation in the fashion manufacturing sector. …

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The US court's ban on dicamba may raise the cost of cotton.

The US court’s ban on dicamba may raise the cost of cotton

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Given that the Arizona Federal Court prohibited the use of dicamba chemicals for the 2024 harvest, higher cotton prices in the US could be on the horizon. Farmers often use the weed pesticide dicamba. Trade associations for the industry have expressed displeasure with the results, pointing out that over 75% of US cotton acres are …

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The fashion sector in New York gains momentum in sustainability

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As part of the opening ceremonies for New York Fashion Week, Governor Kathy Hochul praised the state’s thriving fashion industry and its contribution to the state’s economy. With about 312,000 employees in New York and over US$24 billion in salary revenue for the state as a whole each year, the industry is still a major …

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Tradewind Finance extends its financing offerings to the textile and garment industry

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The financial services company Tradewind Finance has stated that it has expanded its foothold in the garment and textile market by providing credit to two new clients. The organisation has set up a € 3 million credit facility for a German business that trades polyester fibers used in furniture, bedding, and other products. Furthermore, it …

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Textile industry would see a lack of investment in 2023, according to BTMA President

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According to Bangladesh Textile Mills Association President Mohammad Ali Khokon, there were notably few new investments made in the nation’s main textile sector in 2023. Several internal and foreign issues, most notably the country’s chronic energy crisis and the global economic slowdown, are blamed for this decline. Speaking at a press conference in Dhaka, Khokon …

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