The depreciation of the lira in about 40% in 2018 has catapulted textile exports to Spain, making Turkey the second largest supplier of fashion products.

In the last campaign 2017-2018, this raw material, produced in Best Cotton Initiative (BCI) standards, already reached the 19% of the total production and brought together two million farmers.

United States president is planning to increase the current tariffs rate in 100,000 million, although he thinks that China will seek an agreement.

In the whole European Union, the economy grew 0.5% between January and March regarding previous quarter. Home’s consume incremented 0.5% in the continent during first three months of 2019.

The continent launches a free trade agreement signed by 55 countries, whose productive industries and services sector will be favored from it. South Africa, Morocco and Tunisia are some of the countries in the region that consume the most.

Six of the ten companies with a worst evolution within the trading floor the latest month have their headquarters in the first world power. The selective, which beat records in April, loses again the barrier of the 19,000 points.

As stated by the third edition of El Informe de la moda online en España, made by Modaes.es with the collaboration of Kantar and the sponsorship of Prodware.

In the middle of a pulse between both territories, Washington administration has excluded the Euroasian country from the Generalized System of Preferences (GSP).

European electors are voting this week to choose their representatives in the European Parliament, whose voice will be key in the following five years on sector’s evolution.

The global growth is starting to stabilize at “a moderate level”, after slowing the climb on 2018. The OECD also states that global economy will grow a 3.4% by 2020.

170 companies have sent a letter to the US president, Donald Trump, asking him not to include the footwear into list of Chinese products that could be affected by the tariffs of 25%, that the US want to implement.