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The Week of Textile News: Port Fees Expire Nov 9, India Cotton Imports Up 79%, Anta Buys Puma Stake
DescriptionThis week on the Fibre2Fashion Prime Weekly Brief: Vietnam’s export squeeze: textile and garment exports are up just 1.9% to $30.3B, leaving the $50B target looking like a stretch https://www.fibre2fashion.com/news/prime-content/trade-news/vietnam-s-garment-exports-inch-up-to-reach-30-bn-in-3q-314014-newsdetails.htm PMore
This week on the Fibre2Fashion Prime Weekly Brief:
Vietnam’s export squeeze: textile and garment exports are up just 1.9% to $30.3B, leaving the $50B target looking like a stretch
https://www.fibre2fashion.com/news/prime-content/trade-news/vietnam-s-garment-exports-inch-up-to-reach-30-bn-in-3q-314014-newsdetails.htm
Parkdale takes full ownership of CiCLO: what it means for biodegradable fibres, and why the 90-94% lab biodegradation data is only part of the story
https://www.fibre2fashion.com/news/prime-content/textile-news/parkdale-acquires-ciclo-can-biodegradable-fibres-go-beyond-apparel--314066-newsdetails.htm
Chinese capital moves west: Anta becomes Puma’s biggest shareholder with a $1.7B stake, while Cone Denim exits China for Mexico
https://www.fibre2fashion.com/news/prime-content/textile-news/chinese-capital-moves-west-as-denim-production-shifts-to-mexico-313952-newsdetails.htm
In-depth: the US-China trade truce doesn’t cover shipping fees. The port fee suspension on Chinese-linked vessels expires Nov 9, and COSCO and OOCL carry the biggest exposure
https://www.fibre2fashion.com/industry-article/prime-articles/11844/us-china-vessel-fees-apparel-logistics
Plus three quick reads: Macy’s, Anthropologie and Vans turn stores into one-hour hubs through DoorDash, India’s cotton imports surge 79% ahead of the Oct 31 duty deadline, and Europe’s new €2 e-commerce fee
https://www.fibre2fashion.com/news/prime-content/retail-industry/macy-s-anthropologie-vans-turn-stores-into-
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