Market News | Fashion InStyle

Market News Picture
Centrestage Weathers the Storm to Deliver Fashion and Flair
Nov 2024

Hong Kong’s leading fashion event overcame Typhoon Yagi to put on successful and stylish shows, with exhibitors reporting sunny prospects.

Market News Picture
U.S. Imports of Polyester Fibre to Be Restricted
Nov 2024

President Biden has imposed a Section 201 safeguard measure on imports of fine denier polyester staple fibre after the USITC concluded that this fibre is being imported into the U.S. in such increased quantities as to be a substantial cause or threat of serious injury to the domestic industry producing a like or directly competitive article.

Market News Picture
CBP Considering Proposals to Reclassify Certain Women’s Pants and Video Goggles
Nov 2024

U.S. Customs and Border Protection will accept public input through 30 November on separate proposals to modify the tariff classifications of certain women’s pants and video goggles.

Market News Picture
U.S. Imports Banned from One Hong Kong and Two Mainland Chinese Textile Companies for Forced Labour Concerns
Nov 2024

The U.S. Department of Homeland Security announced on 31 October that a major Hong Kong textile and apparel company and two of its mainland China-based subsidiaries have been added to the Uyghur Forced Labor Prevention Act Entity List for sourcing cotton from the Xinjiang Uyghur Autonomous Region. Accordingly, effective 1 November goods produced by these entities are prohibited from entering the U.S.

Market News Picture
Lower Duties for Certain Textile Fabrics and Pillows
Oct 2024

Changes to the tariff classification of certain textile fabrics and pillows that were adopted recently by CBP means that imports of these products entered or withdrawn from warehouse for consumption on or after 9 December will benefit from lower duties.

Market News Picture
EEA Briefing Outlines the Challenges That PFAS in the Textile Industry Poses for EU’s Circular Economy
Oct 2024

The European Environment Agency (EEA) published, last month, a briefing that outlines the impact of the ongoing move to restrict the use of polyfluorinated alkyl substances (PFAS) on the textile industry. This briefing is supported by a larger report commissioned for the EEA and is in line with research undertaken by other agencies, such as the European Chemicals Agency (ECHA).

Market News Picture
California Approves Nation’s First Extended Producer Responsibility Apparel Recycling Programme
Oct 2024

California Governor Gavin Newsom on 28 September signed into law groundbreaking legislation that establishes the first extended producer responsibility textile, apparel and footwear recycling programme in the United States.

Market News Picture
INDONESIA: Textile Safeguard Tariffs Extended to Protect Local Industry
Sep 2024

Indonesia has extended safeguard duties on imported textile items through two new regulations to protect the local textile industry. The three-year extensions are specified in Finance Regulation (PMK) No. 48/2024 for fabric products and PMK No. 49/2024 for carpets and other textile coverings. They come into effect from 9 August 2024 and 20 August 2024, respectively.

Market News Picture
Possible Restriction Envisaged for Class of Substances Used in Production of Textile and Leather Products
Sep 2024

It was reported on 22 August 2024 that the European Chemicals Agency (ECHA) has identified a potential need for group restrictions of aziridines, a class of substances used in the production of adhesives, sealants, paints, dyes, and leather. These restrictions may be necessary if the chemicals are found to pose risks to human health. Hong Kong producers of products destined for the EU market will, in turn, have to comply with any future restrictions’ terms as laid down in EU legislation.

Market News Picture
European Parliament Study Evaluates Deployment of Digital Product Passport in The Textile Sector
Aug 2024

The European Parliament has recently published a study entitled “Digital product passport for the textile sector”. It notes that a European digital product passport (DPP) could enhance textile industry traceability, circularity, and transparency. The study is relevant because the DPP will become a mandatory requirement, by means of a future regulation covering the ecodesign of textile products, to electronically register, process and share product-related information amongst supply chain businesses, authorities (including the EU’s customs authorities for imports) and consumers.

Go to Page