INSIGHTS The US has imposed a 25 per cent tariff on textile and apparel imports from Canada and Mexico, citing national security concerns. This move threatens Mexico's $8.9 billion and Canada's $2.48 billion exports, shifting US orders to Asia, Latin America, and Europe. Vietnam, Bangladesh, India, and CAFTA-DR nations are poised to benefit as US buyers seek cost-effective alternatives. President Donald J. Trump has announced the imposition of additional tariffs on imports from Canada, Mexico

INSIGHTS The ITMF's January 2025 survey shows cautious optimism in the textile industry. The global business balance remains negative at -15pp but is improving, with South America at +21pp. Garment manufacturers turned positive at +3pp. Optimism is rising, with 43 per cent expecting better conditions, lifting the outlook to +29pp. Orders recover, but challenges like weak demand persist. The ITMF’s 30thGlobal Textile Industry Survey conducted in January 2025 reveals a cautiously optimis

INSIGHTS Industrial producer prices rose by 0.4 per cent month on month (MoM) in both the euro area and the EU in December 2024, first official estimates show. The same remained stable YoY in the euro area and rose by 0.1 per cent YoY in the EU in the month. The annual average of such prices for 2024 fell by 4.2 per cent YoY in the euro area and by 4 per cent YoY in the EU. Industrial producer prices increased by 0.4 per cent month on month (MoM) in both the euro area and the European Union (

INSIGHTS China's manufacturing sector grew slightly as the year began, according to Caixin China general manufacturing PMI data. Manufacturing production rose at a quicker pace amid higher new business inflows. As a result, purchasing activity and inventory levels rose. Business sentiment improved, though firms were cautious with hiring. Output prices also fell at a quicker pace despite stable input costs. China's manufacturing sector expanded slightly as the year began, according to Caixin C

INSIGHTS ICE cotton futures rose on strong US exports and a weaker dollar, with March 2025 settling at 67.61 cents/lb, its highest since January 10. Weekly exports hit 348,900 bales, up 10 per cent. Volume on January 24 was 42,170 contracts. Despite strong exports, traders remain cautious amid record-high on-call purchases. Mixed sentiment persists on price direction. ICE cotton futures further increased on Friday due to strong exports from the US and a weaker dollar index. US cotton exports

INSIGHTS China's total goods trade reached 43.85 trillion yuan (~$6.1 trillion) in 2024, up 5 per cent YoY. The exports increased by 7.1 per cent to 25.45 trillion yuan (~$3.563 trillion) and imports rose 2.3 per cent to 18.39 trillion yuan (~$2.575 trillion). High-tech exports and cross-border e-commerce saw significant growth, supported by policies stabilising trade, and improved port operations. China's total goods trade, including imports and exports in yuan terms, amounted to 43.85 trill

INSIGHTS ICE cotton futures rose slightly as a weaker US dollar, higher CBOT grains, and crude oil prices supported trade. The March 2025 contract settled at 67.77 cents/lb, up 0.27 cents, while inventory dropped sharply to 218 bales. Crude oil surged on lower US inventories and Russia sanctions. Traders await Friday's USDA report for supply-demand insights, with the market still fragile. ICE cotton futures recovered on a weaker US dollar, stronger CBOT grains, and rising crude oil prices. Ga

INSIGHTS ICE cotton futures rose Tuesday as a weaker US dollar boosted overseas demand. March 2025 settled at 67.66 cents, with a high of 68.30 cents, while other contracts showed mixed trends. Trading volume dropped to 43,816 contracts. Grain market gains supported cotton, though weak demand and trade policy tensions kept prices range-bound between 65-69 cents. ICE cotton futures gained on Tuesday following a fall in the US dollar index and gains in the grain market. A declining trend in the

INSIGHTS Adidas has reported Q4 2024 revenue of €5,965 million (~$6,215.5 million), up 24 per cent YoY, with currency-neutral growth of 19 per cent. Gross margin rose to 49.8 per cent, and operating profit reached €57 million (~$59.42 million). Full-year revenue grew 12 per cent currency-neutral to €23,683 million, with operating profit up €1 billion to €1,337 million. Adidas, a German athletic apparel and footwear company, has generated a revenue of €5,965 milli

INSIGHTS The Q4 2024 Economic Experts Survey forecasts a global inflation rate of 3.9 per cent for 2025. With an average expected inflation rate of 3.5 per cent for 2026, expectations globally are 0.4 percentage points (pp) lower compared to expectations for 2025. In the long term up to 2028, inflation expectations are at 3.5 per cent, a slight decrease compared with the previous quarter (3.6 per cent). The global average inflation rate for 2025 is projected to be 3.9 per cent, according to t