Fashion news

India and Poland have targeted doubling bilateral trade by 2030 during Polish Prime Minister Donald Tusk’s October 21-23 official visit to India.Tusk travelled with around 100 CEOs and industry representatives, and both sides welcomed an India-Poland Business Forum.Leaders sought early signing and implementation of the EU-India FTA to unlock trade, investment and stronger value chains.

Fashion retailers lose margin when returned garments sit in transit, inspection or storage and miss their full-price selling window.
Experts say recovery economics should weigh handling, repackaging, repair, redistribution and markdowns against likely resale value.
Local hubs, faster grading and clear ownership of recovery value can return saleable goods to stock sooner and cut liquidation.

Crude oil is back above $110, raising cost questions for chemical and textile buyers as the Houthi-Saudi confrontation escalates.
Brent rose 16 per cent in October to $113.5 a barrel on October 23, while WTI gained 9 per cent to $100.
Naphtha and olefins are firming, but MEG has fallen by up to 5.6 per cent, temporarily cushioning polyester producers.

Counterfeit goods infringing Italian intellectual property rights cost businesses an estimated €11 billion ($12.32 billion) in lost sales and nearly 19,000 jobs in 2025, according to the OECD.The trade also deprived the government of about €759 million in tax revenue, with China accounting for nearly 65 per cent of interceptions.

EDANA has joined UK industry associations in urging the government to review rising packaging compliance costs.
They warned that overlapping pEPR, plastic packaging tax and recovery note requirements were increasing administrative burdens, weakening competitiveness and raising consumer prices.
They called for regulatory alignment, greater certainty and stronger incentives for sustainability.

Germany's industrial producer prices rose 6.7 per cent year on year in September 2026, the strongest increase since March 2023, and were up 1.9 per cent from August.
Energy was 14.9 per cent dearer, led by a 51.3 per cent jump in mineral oil products; intermediate goods rose 6.4 per cent.
Excluding energy, producer prices increased 3.2 per cent year on year and 0.1 per cent month on month.

Trade sales volume was virtually stable in August 2026, slipping 0.1 per cent after a revised 0.4 per cent fall in July, Insee data showed.Retail trade rose 0.3 per cent, led by non-store and non-specialised stores, while specialised stores fell.Overall trade sales volume in June-August was 0.6 per cent above a year earlier, with retail up 2.8 per cent.

China's textile industry recorded a 75.1 per cent capacity utilisation rate in Q3 2026, while overall industrial enterprises above the designated size stood at 73.1 per cent.Overall utilisation rose 0.1 percentage points from Q2 but fell 1.5 points year on year; manufacturing was at 73.3 per cent.The NBS survey covered about 110,000 enterprises and was not seasonally adjusted.

Georgia's apparel imports rose 13.96 per cent to $289.759 million in January–August 2026, with Europe strengthening its lead as the largest supplier.
European shipments grew 17.64 per cent to $128.148 million, lifting share to 44.23 per cent, while Asia-Pacific's share fell to 24.43 per cent.
Turkiye, China, Spain, Italy and Germany remained the top five suppliers.

Euro area's current account surplus fell to €9 billion (~$10.1 billion) in August 2026 from €27 billion (~$30.3 billion) in July, the European Central Bank said.
Goods and services posted surpluses of €18 billion (~$20.2 billion) and €13 billion (~$14.6 billion), partly offset by income deficits.
The 12-month surplus eased to €250 billion (~$280.9 billion), or 1.5 per cent of GDP.