A mixed picture on protectionism
ANALYSIS: Do stimulus packages help the garment trade?
Recent attempts by the governments of many garment-making countries to stimulate their economies have led to a new wave of…
GLOBAL: Garment protectionism claims no more than a myth
Contradicting mounting claims of “protectionism” in the clothing industry, a new survey shows the world’s leading textile and garment importers…
BANGLADESH: Garment workers to receive subsidised rice
More than 3m garment workers in Bangladesh are to be offered subsidised rice within the first week of April in…
CHINA: Export tax rebates on textiles to rise again
China will raise the export rebate on textiles and garments by another percentage point to help the industry cope with…
PORTUGAL: Government unveils EUR850m textile aid package
The Portuguese government has announced a major EUR850m (US$1.14bn) plan to boost its struggling textile and clothing sector, with EUR600m…
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SPAIN: EC approves EUR800m textile aid package
The European Commission has retrospectively approved a support package worth EUR800m (US$1.08bn) for the Spanish textile and clothing sector, a…
ITALY: Government steps in to help fashion industry
The Italian government has launched a scheme to try to help the country’s fashion sector through the current economic crisis.…
SPAIN: Textiles industry pleads aid as layoffs mount
Spain’s beleaguered textiles industry, reeling under mounting bankruptcies and layoffs, hopes to obtain a credit line from state credit agency…