The global apparel trade & retail update report for March 2025. Additionally, in continuation of our previous editions of the textile & apparel sector performance report, we are also releasing the WTAI (Wazir Textile & Apparel Index) 9M FY25 update report, which highlights the nine months' performance of the sector.
Key Highlights: Global Apparel Trade & Retail Update Report Mar’ 2025
Total Apparel Imports in Jan. 2025:
US imports: US$ 7.3 bn, up 20% YoY
EU imports: US$ 9.0 bn, up 36% YoY
Japan imports: US$ 2.3 bn, up 21% YoY
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Apparel Exports in Feb. 2025:
Bangladesh: US$ 3.2bn, unchanged
India: US$ 1.5 bn, up 7% YoY
China: US$ 6.4 bn, down 30% YoY.
Apparel Retail Scenario:
US apparel store sales in Feb. 2025 are estimated to be 11% higher than Feb. 2024, and home furnishing store sales are estimated to be 12% higher than Feb. 2024.
In February 2025, US macroeconomic indicators indicate a mixed reaction, as inflation fell to 2.8%, while consumer confidence dropped further to 102.7 from 104.1 in the previous month.
CREDITS: Wazir Advisors recent report.