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Bangladesh Wage Unrest, Adidas in China, US Cotton Tariff Plan | F2F Prime Weekly Brief
DescriptionNearly 690 Bangladesh garment factories suspended production after wage protests turned violent. Adidas is winning in China with local production. A US cotton-linked tariff plan leaves Vietnam out. This week's Fibre2Fashion Prime Weekly Brief, with Aarlin and Deepti, covers the textile, apparel and fashion retail storiMore
Nearly 690 Bangladesh garment factories suspended production after wage protests turned violent. Adidas is winning in China with local production. A US cotton-linked tariff plan leaves Vietnam out. This week's Fibre2Fashion Prime Weekly Brief, with Aarlin and Deepti, covers the textile, apparel and fashion retail stories that matter for sourcing and trade.
Read the full stories on Fibre2Fashion: https://www.fibre2fashion.com/prime-powered-by-texpro
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In this week's brief:
Bangladesh: Factories suspended work on November 2 amid protests over a minimum wage hike from 12,500 to 30,000 taka. The wage board has not agreed an amount.
https://www.fibre2fashion.com/news/prime-content/textile-news/bangladesh-garment-unrest-turns-violent-threatening-global-sourcing-314813-newsdetails.htm
Adidas: Greater China revenue grew 13% in Q3 and group revenue hit a record €7.25 billion, helped by local production, design and marketing.
https://www.fibre2fashion.com/news/prime-content/retail-consumer-retail/adidas-bets-big-on-china-local-production-powers-growth-314686-newsdetails.htm
US cotton tariff plan: Tariff-rate quotas planned for 2027 cover Bangladesh, Cambodia, Indonesia and Malaysia, but not Vietnam.
https://www.fibre2fashion.com/news/prime-content/textile-news/us-cotton-tariff-plan-will-4-asian-rivals-gain-on-vietnam-in-2027--314808-newsdetails.htm
Where apparel retail is growing: India's domestic market is projected to
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