Textiles

Portugal’s textile company TMG – Acabamantos Têxteis (TMG Group), the UK’s RTS Textiles Ltd (RTS) and Pakistan’s Sapphire Textile Mills (STM) have merged in a “strategic merger” under the [...]

Bankruptcies in Portugal’s fashion and textile sector doubled in Q1 of 2024 as the country’s garment and shoe manufacturers are being held hostage to negative geopolitical and overseas commercial [...]

The Portuguese Association of Textiles and Clothing (ATP) says exports of clothing and textiles fell by 2.1% in October to €482 million, but increased in volume by 0.6% like-for-like on 2022 to a [...]

2022 is on target to be a record year in exports for Portugal’s clothing and textile industry. The volume of exports is expected to be a record €6Bn, well above the last record achieved in 2021 [...]

Exports of Portuguese textiles and clothing is on target to hit €6Bn by the end of 2022. This compared to €5.4Bn (which was a record in itself) that was achieved at the end of 2022. “We are [...]

Tourism revenues in Portugal soared 157% in June, overtaking revenues made that month in 2019. The sector registered 2.7 million guests in June, raking in €545.4 million — the equivalent of an [...]

High increases in the price of gas is financially undermining Portuguese manufacturers, particularly companies in the areas of textiles, apparel, and ceramics. This is according to the President [...]

Over half of Portugal’s textile sector is temporarily shutting down production because of spiralling energy costs. And according to the sector’s association, scores of companies will face [...]

Some companies in Portugal’s textile sector have decided to close their operations for a few days because the energy cost overheads of remaining in operation has outstripped the cost of closure. [...]

US companies are back in Portugal buying clothes and textiles at Portugal’s largest textile and clothing fair Modtissimo in Porto. Around 250 overseas buyers and 4,000 visitors are expected to be [...]