Over the past week, ICE cotton futures experienced a "V-shaped" recovery, initially declining before rebounding. The front-month contract rolled smoothly from March to May. After digesting the bearish USDA Supply/Demand Report, the market staged a modest uptick driven by rising oil prices. From February 5-6, ICE cotton extended its weakness. On the 5th, the benchmark contract settled 0.77% lower at 63.50 cents/lb, with the March contract hitting an intraday low of 61.56 cents/lb—a new co

Erogim Investment Limited, headquartered in Aba, Abia State, has recently signaled a clear intent to actively pursue a production partnership with the Akwa Ibom State Government for large-scale localized manufacturing of footwear and apparel. The collaborative project is projected to achieve a production capacity of 1,500 pairs of shoes and 500 garments daily, and is expected to be integrated into the state government's livelihood-focused "ARISE Agenda" development framework. According to the

Recently, the U.S. textile industry has expressed strong appreciation for legislative progress aimed at strengthening the Berry Amendment and closing defense procurement loopholes. The National Council of Textile Organizations (NCTO) confirmed that the U.S. House of Representatives and the House Armed Services Committee have passed key provisions within the National Defense Authorization Act (NDAA) for Fiscal Year 2026. These provisions are seen as a critical turning point to reverse years of fo

Recently, the government of Bangladesh, ready-made garment (RMG) exporters, and textile mill associations have engaged in intensive consultations regarding cash incentives for garments made with locally produced yarn. As of February 9, 2026, all parties reached preliminary consensus during an evaluation meeting of the Technical Committee under the Ministry of Finance, planning to increase the current incentive rate from 1.5% to a range of 3.5% to 5.0%. Bangladesh's textile industry is facing a

A recent joint study by the American Apparel & Footwear Association (AAFA) and Intertek found that 41% of sampled counterfeit apparel, footwear, and accessories failed to meet U.S. and international safety standards—revealing serious health risks for consumers. The tests identified excessive levels of hazardous substances in many noncompliant products, including phthalates, PFAS, BPA, formaldehyde, and heavy metals. Some samples contained chemical concentrations well above legal lim

Moving further into 2026, the international textile sector has reached a decisive moment. Innovation and environmental responsibility, which were once secondary goals, have become the primary drivers transforming every stage of the industry, from manufacturing to global trade. For Bangladesh’s textile and ready-made garments export-heavy economy, this evolution presents a complex mix of demanding obstacles and high-potential prospects. One of the most transformative trends influencing the

In recent years, against the backdrop of continuous adjustments in the global textile industry landscape, cooperation between Pakistan and Uzbekistan in the cotton and textile sectors has deepened. The establishment of a partnership between Pakistan Cotton House and relevant institutions in Uzbekistan aims to integrate both parties' cotton resources, production capacity, and market channels to jointly build a more efficient and stable global textile supply chain. Uzbekistan is a globally signi

Recently, significant progress has been made in the international textile trade regarding Bangladesh's pursuit of zero-tariff treatment for its textiles in the US market. Latest developments indicate that after prolonged negotiations, the United States has made a crucial commitment to Bangladesh, pledging to establish a specialized zero-tariff access mechanism for a portion of its textile exports. This breakthrough is viewed as a major trade event with the potential to profoundly impact the text

New Delhi, February 2024— Against a backdrop of volatile global trade dynamics and rising uncertainty in traditional markets, India's textile and apparel industry is poised for a pivotal regional breakthrough. The Comprehensive Economic Partnership Agreement (CEPA) between India and Oman, negotiations for which have been concluded, is expected to be formally signed and enter into force by mid to late March 2024, within the first quarter. This agreement is regarded as a core strategic move

Outdoor apparel brand Ibex has partnered with New Zealand's innovative yarn technology company Nuyarn® to co-develop the next generation of 3D knit sweaters. This collaboration combines Nuyarn®'shigh-performance Merino wool yarn technologywith Ibex's advancedzero-waste 3D knit construction process, aiming to create products that achieve new heights in performance, comfort, and environmental sustainability. The core technology of Nuyarn® lies in its unique yarn construction. It inte