Textiles
Gustavo Lenis, president of Fabricato, stated at Colombiatex that the company will continue its operations in Ecuador and the United States, despite adjustments to its production structure, including the closure of its traditional spinning mill.
Reported by AI
Argentina's industrial capacity utilization dropped to 57.7% in November 2025, the lowest since March, according to INDEC data. The textile sector plummeted to a historic 29.2%, with business owners warning of mass closures and job losses due to trade openness and lack of internal demand.
Minister of Investment and Foreign Trade Hassan El-Khatib inaugurated the ninth edition of the Destination Africa exhibition, the leading platform for textile, ready-made garments, and home furnishings industries across Africa. The event features around 90 Egyptian companies alongside African firms and 300 international buyers. El-Khatib emphasized that the textile sector is a strategic pillar of the Egyptian economy, boosting exports and creating jobs.
Reported by AI
The Federal Competition and Consumer Protection Commission (FCCPC) has sealed five textile warehouses in Kano for selling underweight fabric materials. The action followed an intelligence report and investigation confirming violations of consumer protection laws. Officials emphasized the move to safeguard consumers and promote fair market practices.