Anzac Day is a national day of remembrance in Australia, New Zealand and Tonga that broadly commemorates all Australians and New Zealanders “who served and died in all wars, conflicts, and peacekeeping operations” and “the contribution and suffering of all those who have served”. ANZAC stands for Australian and New Zealand Army Corps. The soldiers in those forces became known as ANZACs. Anzac Day is a commemorati... Read More

IWTO calls on all members of the global wool community to support the Make The Label Count (MTLC) petition, which advocates for fair treatment of natural fibres in upcoming textile sustainability policies. As EU textile sustainability legislation takes shape, it’s critical that wool’s environmental benefits – biodegradability, renewability, longevity, and recyclability – are properly acknowledged. These natural c... Read More

US President Donald Trump has signalled a potential U-turn on his trade war with China amid continued market volatility, saying the high tariffs on Chinese goods will “come down substantially, but it won’t be zero.” Trump’s remarks, made at a White House news event Tuesday, appear to mark a rhetorical climbdown after weeks of tough posturing and tit-for-tat retaliation that sent tariffs on China beyond a staggeri... Read More

As China’s leading and longest-running conference on wool, Nanjing Wool Market Conference draws people from all corners of the textile industry worldwide, providing ideas, advice, and networking opportunities important to business executives, policymakers, and researchers.  The 36th Nanjing Wool Market Conference will be held on – 19-21 September 2025 at the Hilton Nanjing Niushoushan, Nanjing, Jiangsu Province, ... Read More

STRONG wool producers in New Zealand have welcomed a government directive that woollen fibre products be used in new building constructions and refurbishments. “From 1 July, government agencies will be directed to use woollen fibre products in the construction and refurbishment of government buildings, where practical and appropriate,” Economic Growth Minister Nicola Willis said. The new procurement requiremen... Read More

The escalation of the trade war between the United States and China could lead to an influx of Chinese products onto the European market. The European textile sector is holding its breath. In a 180° turn of events, US President Donald Trump announced on Wednesday a 90-day “pause” in reciprocal tariffs, except for China according to the EURONEWS. If he were to carry out his threat, products from the EU entering th... Read More

According to CHINA TEXTILE LEADER released by the General Administration of Customs, from January to February this year, China’s textile and garment exports amounted to US$42.88 billion, seeing a year-on-year decrease of 4.5%. Among them, textile exports reached US$21.22 billion, down by 2.0% year-on-year; apparel exports amounted to US$21.66 billion, declining by 6.9% year-on-year. In CNY-denominated terms, Chin... Read More

The wool industry faces significant challenges and opportunities as the European Union implements its ambitious sustainability legislation. IWTO’s newly published EU Green Deal Guide provides wool businesses with essential insights and practical knowledge to navigate this shifting policy landscape. This comprehensive 18-page guide, prepared by a team of consultants guided by IWTO’s Market Intelligence Committee, ... Read More

Uncertainty has a price. IMF concerns are growing over the economic fallout from Donald Trump’s trade war. It has reported that the US economy will experience slower economic growth and higher prices, in part due to US President Donald Trump’s global tariffs. Growth is now expected to be 1.8% this year, down from the influential financial agency’s estimate of 2.7% for the US in January. Tariffs are spooking inves... Read More

In the fourth quarter of 2024, the index of orders for Italian textile machines, compiled by the Economics Department of ACIMIT, the Association of Italian Textile Machinery Manufacturers showed a 19% decline compared to the same period in 2023. This result is due to a slight increase in order intake from the domestic market, contrasted by a decline in foreign markets. Orders in Italy grew by 6%, while abroad a 2... Read More

Key to seeking new markets to offset US tariff are trade fairs, where many can showcase their products and create sales channels to offset tariff impacts, with the end goal of finding other opportunities beyond traditional markets like the US. Chinese exporters have begun seeking new opportunities to tap into global markets in the face of the ongoing trade war with the United States. Of the several trade fairs, t... Read More

Australian Wool Innovation (AWI) is urging woolgrowers to maintain the momentum defending the fibre by signing a new petition to the European Union (EU). The petition urges the European Commission to ensure fair treatment of natural fibres – including wool – in upcoming textile sustainability policies. AWI Chief Executive John Roberts says it is important for Australian woolgrowers to continue to be heard. “Th... Read More

The global luxury sector, which has been facing slowing demand and an eroding customer base in the last several months, could be further hit by the escalating trade war between China and the US. US president Donald Trump’s rapidly escalating trade war is significantly jeopardising the global luxury sector’s rebound. With Trump recently hiking tariffs against China to up to 245%, the worldwide luxury sector’s woes... Read More