US clothing firm, Gap, has revealed financial 2021 (FY21) net deals of $16.7 billion, addressing a two percent expansion versus monetary 2019. Key long-lasting store terminations and divestitures decreased net deals by seven rate focuses versus 2019. Monetary year 2021…
Turkey’s apparel exports rise 5.52% in January 2022
Attire sends out from Turkey expanded by 5.52 percent year-on-year in January 2022, as indicated by the information from the Turkish Statistical Institute and the country’s service of exchange. During the principal month of the current year, Turkey traded attire…
Dhaka re-fixes RMG wastage rates, but manufacturers want more
The Bangladesh government recently raised the maximum wastage rate for raw materials used to produce apparel following strong disagreement with stakeholders on the earlier rates. Though apparel manufacturers hailed the commerce ministry decision, calling it ‘commendable’, they said opportunities do…
