Bangladesh’s Q1 FY25 exports up 5.04% YoY; garment exports up 5.34%

Bangladesh’s export earnings grew by 6.78-per cent YoY in September to $3.51 billion and by 5.04 per cent YoY to reach $11.37 billion in Q1 FY25.
Export of garments in Q1 were worth $9.29 billion—a 5.34 per cent YoY growth.
Out of that, export of knitwear was worth $5.22 billion—a rise of 5.72 per cent YoY, while that of woven garments was worth $4.07 billion—a rise of 4.85 per cent YoY.

Bangladesh’s Q1 FY25 exports up 5.04% YoY; garment exports up 5.34% Read More »

BGMEA seeks $4.5-mn soft loan for 39 struggling Bangladesh RMG units

The Bangladesh Garment Manufacturers and Exporters Association has requested a Tk54-crore ($4.5-million) soft loan from the Bangladesh Bank to support 39 garment units facing financial difficulties and struggling to maintain full-scale production due to disruptions caused by the recent unrest.
The loan will ensure timely payment of wages to around 56,000 workers employed at these factories.

BGMEA seeks $4.5-mn soft loan for 39 struggling Bangladesh RMG units Read More »

India’s RMG exports see 11% YoY growth in Aug 2024: Textiles ministry

India’s readymade garments exports saw an 11-per cent YoY growth in August, the textiles ministry said.
The domestic textile sector is expected to grow to $350 billion by 2030, it noted.
Investment worth over ₹90,000 crore is expected to flow through the PM MITRA Park and the Production-Linked Incentive Scheme in the next three to five years.

India’s RMG exports see 11% YoY growth in Aug 2024: Textiles ministry Read More »

Fashion giant H&M announces new store in Hue, Central Vietnam

H&M will open its first store in Hue at Aeon Mall on October 11, 2024, marking its 14th store in Vietnam.
The store offers a wide range of fashion for women, men, and kids, with a focus on sustainability through initiatives like garment recycling.
H&M aims to blend modern fashion with Hue’s rich cultural heritage, offering locals and visitors an inclusive and expressive shopping experience.

Fashion giant H&M announces new store in Hue, Central Vietnam Read More »

Amazon Great Indian Festival Sale 2024: Save 80% off on yoga pants, sports bras and more from top brands

To enjoy a fulfilling fitness session, paying attention to your comfort is essential. One thing that can make a huge difference in the way you workout is sportswear. Choosing the best fitness wear is important as it helps you feel comfortable and relaxed while performing any exercise. With the ongoing Amazon Great Indian Festival, you

Amazon Great Indian Festival Sale 2024: Save 80% off on yoga pants, sports bras and more from top brands Read More »

Germany’s Puma & BMW M Motorsport collaborate to launch new collection

Renowned sports brand Puma has collaborated with BMW M Motorsport to launch ‘Neon Energy’ collection.
The theme captures the vibrant street art culture of Las Vegas.
The collection consists of crewneck sweatshirts, T-shirts, sweatpants, trucker caps, and sneakers among other things.
This range features graffiti-inspired patterns and bright neon accents.

Germany’s Puma & BMW M Motorsport collaborate to launch new collection Read More »

Boat pose: 6 reasons why you should include naukasana in your daily routine

Be it constipation, gas, or acid reflux, incorporating the boat pose or naukasana into your daily routine comes with a host of health benefits. It is a challenging yoga asana that requires core strength, balance, and patience. While it may seem intimidating at first, the benefits of practising this pose are immense. From strengthening your

Boat pose: 6 reasons why you should include naukasana in your daily routine Read More »

Scorpion pose: 5 reasons to include Vrischikasana in your yoga routine

Do you want to strengthen your core, increase flexibility, and improve your balance all at once? Including Scorpion yoga pose or Vrischikasana into your fitness routine might be a way to do this. This pose resembles a scorpion’s posture, with the body arching backward and the legs overhead, like a scorpion’s tail. It is a

Scorpion pose: 5 reasons to include Vrischikasana in your yoga routine Read More »

Africa accounts for just 3.63% of US apparel imports

Africa holds a modest 3.63 per cent of the US apparel import market, with $1.67 billion in imports from January to July 2024, ranking fifth regionally.
The Asia-Pacific dominates with 71.81 per cent. Africa’s share remained consistent despite fluctuations, with imports rebounding after a 2020 dip due to the pandemic and growing steadily through 2022, before a 20.11 per cent decrease in 2023.

Africa accounts for just 3.63% of US apparel imports Read More »

Shopping Cart