Daily Newsletter

14 December 2023

Daily Newsletter

14 December 2023

Indonesia apparel sector struggles with illegal imports   

Indonesia's apparel sector, already reeling from a decline in international orders, is facing a surge in illegal textile imports that is undercutting local producers and increasing pressure for sustainable production.  

Ahmad Pathoni December 14 2023

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Global menswear market dynamics

Global menswear market is expected to grow at a CAGR of more than 4% by 2027, as consumer confidence takes time to rebuild following inflationary pressures. The popularity of the resale market will also somewhat hinder menswear retail growth, as more shoppers will divert spend away from traditional retailers and brands to secondhand channels, in a bid to save money and protect the planet.

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