Despite ongoing worries, order cancellations are low, overall inventory levels are stable, and there’s more optimism from spinners that demand is now returning
ZURICH – The International Textile Manufacturers Federation (ITMF) has revealed a cautiously optimistic outlook for 2025, noting positive balances of trade among garment manufacturers and textile suppliers, particularly in South Asia and South America.
As part of its 30th Global Textile Industry Survey conducted in January 2025, the ITMF says that since November last year, the global textile manufacturing outlook remains reasonably positive despite ongoing challenges ...
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