Zara, the global fashion giant, is expanding its innovative live shopping experience from China to Western markets. After a successful trial in China, where the brand saw a 50% increase in product sales through livestreams, Zara is now preparing to bring this popular trend to consumers in the US, UK, and Europe by October 2024.
Indonesia's textile and textile products industry, a significant contributor to the nation's economy, is facing a critical challenge: attracting investments, particularly in crucial polyester production lines. According to the Indonesian Fibre and Filament Yarn Producers Association (APSyFI), the industry's growth potential is hindered by unclear and inconsistent regulations, which have stalled several investment plans, including those of major players like the Tongkun Group from China.
China's technical textile industry has maintained a robust growth trajectory in the first four months of 2024, marking significant advancements in key economic indicators and sub-fields, according to the latest data from the National Bureau of Statistics (NBS).
Vietnam's economic landscape in May 2024 continues to exhibit resilience and promising growth trajectories despite mixed signals in consumer demand and inflation stability, according to the latest insights from the World Bank's 'Vietnam Macro Monitoring' report.
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