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Fibre2fashion

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BGMEA, ActionAid join hands for Bangladesh RMG industry transformation

Trade body BGMEA and ActionAid Bangladesh recently signed an MoU to work as strategic partners in advancing the sustainable transformation of the garment sector. Beginning this month, the MoU will remain effective for five years. The partnership aims at ensuring human rights and environmental due diligence, strengthening compliance capacity and improving the overall quality of...


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UK retailers see softer year-end as December sales momentum fades

UK retail sales growth slowed sharply in December, with total sales up just 1.2 per cent year on year, well below last year and the 12-month average, as per the BRC. Non-food sales declined across both stores and online, reflecting cautious consumer spending. Retailers cited muted Christmas demand, discount-led late sales and rising household costs, despite overall sales growt...


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China reports record trade surplus of $1.189 trn in 2025

China has reported a record trade surplus of $1.189 trillion in 2025, led by exports to non-US markets. It broke the trillion-dollar ceiling for the first time in November. China’s exports to the US fell by 20 per cent YoY in dollar terms last year, while imports from there were down by 14.6 per cent YoY. Exports to Africa jumped by 25.8 per cent and those to the ASEAN bloc r...


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Euro area trade surplus narrows to $11.48 bn in November 2025

The euro area’s goods trade surplus narrowed to €9.9 billion (~$11.48 billion) in November 2025, as exports fell 3.4 per cent and manufactured goods weakened, according to Eurostat. The EU surplus also declined to €8.1 billion (~$9.4 billion). For January-November 2025, both the euro area and EU recorded lower cumulative surpluses despite modest export growth and improved ener...


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US consumer spending momentum supports 2026 outlook: Fitch

US consumer resilience is expected to persist in 2026, supported by strong household balance sheets and slowing but healthy income growth, as per Fitch Ratings. Consumer spending rose 3.5 per cent annualised in 3Q 25, while disposable income growth moderated. Rising net worth, easing tariff concerns and manageable debt-service burdens continue to underpin consumption, despite ...


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