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Economy

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The war has also impacted Russia’s domestic textile and apparel market, as many U.S. and Western brand names have decided to suspend operations in the Russian market. © Feydzhet Shabanov/stock.adobe.com

 
07.06.22 – U.S. textile and apparel sector

U.S. textile and apparel sector

Russia-Ukraine war creates uncertainties

The ongoing Russia-Ukraine war has impacted a number of industries in the U.S., including the textile and apparel sector which faces uncertainties. Von  Redaktion
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Global Business Sentiment, Q1 ‘21 – Q1 ‘22 © GlobalData

 
02.05.22 – Economy

Economy

Business sentiment remained flat in Q1 2022

Business sentiment plateaued in Q1 2022 compared to the previous quarter, while gaining 6% compared to Q1 2021. Von  Redaktion
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The Russia-Ukraine conflict will have a multifold impact on the global business environment. © Negro Elkha/stock.adobe.com

 
06.04.22 – War in Ukraine

War in Ukraine

Impact on the apparel industry and economy

The economic impact of the Russia-Ukraine conflict is widespread across the globe and also affetcs the textile industry. Von  Redaktion
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Many companies are considering shutting down production because of extremely high energy costs. © teerapon/stock.adobe.com

 
10.03.22 – Energy crisis

Energy crisis

Euratex asks the EU to control the rise of prices

Notwithstanding the industry support to the sanctions in place against Russia, Euratex highlights that companies are at risk of stopping their production ... Von  Redaktion
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The fact that a rising number of companies find themselves in a satisfactory business situation is an indication for a strong and broad recovery. © Jacob Lund Photography/stock.adobe.com

 
23.02.22 – 12th ITMF Corona-Survey

12th ITMF Corona-Survey

Business situation and expectation remain favourable

In the 2nd half of January 2022, the ITMF conducted the 12th ITMF Corona-Survey among more than 270 companies around the world in all segments along the ... Von  Redaktion
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ITC collaborates with IAF to boost exports of garment manufacturers. © Lnunes/stock.adobe.com

 
27.01.22 – ITC Partnership with IAF

ITC Partnership with IAF

Boost exports of garment manufacturers

ITC and IAF signed a Memorandum of Understanding to support associations of garment manufacturers as well as garment apparel manufacturing companies in ... Von  Redaktion
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Global demand for textile coatings will witness an expansion at around 4% CAGR. © Fact.MR

 
23.12.21 – Textile coating

Textile coating

Demand for Polyurethane Thermoplastics will increase

Fact.MR investigates that Polyurethane Thermoplastics are expected to account for 80% of textile coating demand. Von  Redaktion