Fashion News

Global growth may drop to 2.8 per cent in 2025 and 3 per cent in 2026—down from 3.3 per cent for both years in the January 2025 World Economic Outlook Update—corresponding to a cumulative 0.8 pp downgrade, and much below the historical average of 3.7 per cent, the IMF noted.
Growth in advanced economies is projected to be 1.4 per cent in 2025, while euro area growth is projected at 0.8 per cent.Read More

India’s viscose yarn prices fell in Surat due to cheaper supplies from China, while prices remained stable in Mumbai.
Viscose vortex yarn prices dropped by ₹2 per kg.
Chinese viscose yarn is expected to land at 5-7 per cent lower prices, further affecting the market.
Experts predict continued weakness in both yarn markets due to slow demand and external supply pressures.Read More

Puma met its 2024 sustainability goal by making 9 out of 10 products from recycled or certified materials, including 75 per cent recycled polyester and 13 per cent recycled cotton.
The company reduced emissions by 17 per cent in its supply chain and 86 per cent in its operations.
Puma also raised workers’ pay to 66 per cent above minimum wage and trained 290,000 employees on harassment.Read More

Pakistan’s textile and apparel exports grew by 9.31 per cent to $12.183 billion in the first 8 months of FY25.
The sector contributed 55.19 per cent to the country’s total exports.
Notable growth was seen in knitwear (17.08 per cent) and non-knit RMG (19.94 per cent), while cotton yarn exports dropped by 35.63 per cent.
Imports of synthetic fibres and textile machinery also surged.Read More

Vietnam’s PM has issued an official directive, outlining key tasks and solutions aimed at driving economic growth in 2025.
The directive highlights the priorities to boost economic growth, maintain macroeconomic stability, control inflation and guarantee major economic balances.
He ordered quick, flexible and efficient action for immediate and long-term adaptation to the new US tariff policy.Read More