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According to the USFIA Fashion Benchmarking Study 2006, companies are accelerating efforts to mitigate the impact of tariffs including negotiating supplier contracts and diversifying sourcing.
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Speaking at Source Fashion in London last week, Jack Stratten, head of trends at Insider Trends, told attendees that the increasing popularity of resale platforms is changing consumer fashion habits.
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The Powerloom Development & Export Promotion Council (PDEXCIL) and AWARE have signed a Memorandum of Understanding (MoU) aimed at supporting India’s powerloom producers in meeting future traceability requirements for textile exports to the EU.
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India’s textile and clothing exporters have secured duty-free access to the UK market following the India–UK Comprehensive Economic and Trade Agreement (CETA).
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