Fashion
ICE cotton stays weak as dollar falls; WASDE report awaited
ICE March 2026 cotton futures settled at 64.53 cents per pound, down 0.28 cents or 0.43 per cent. New contract-low closes were recorded for December 2025, March 2026, May 2026, and July 2026 for the second consecutive session.
ICE cotton futures remained weak ahead of WASDE report, with March 2026 settling lower and several contracts hitting new lows.
A softer US dollar offered limited support, while market caution persisted amid weak demand and muted buying.
US government’s reopening and recent export sales data had little impact, and analysts expect higher supply estimates as December’s first delivery date approaches.
The dollar fell to a two-week low, improving foreign buying interest, while Wall Street’s sharp decline and fading expectations of rate cuts added to overall market caution.
Total volume traded today stood at 94,153 contracts, while yesterday’s cleared volume of 115,071 contracts ranked as the eighth-highest on record.
The US government reopened after a 43-day shutdown, with most federal services resuming, and cotton prices remaining flat. Loan programmes will offer temporary relief to growers.
USDA export net sales for the week ending September 25 were 200,600 bales, including 199,500 Upland bales and 1,100 Pima bales for the 2025–26 season. This was the last weekly US cotton sales report issued before the shutdown.
Market sentiment remains under pressure as sellers are not realising profits despite competitive pricing, and demand is expected to stay muted.
Market analysts said the upcoming USDA report may show higher supply and a slight reduction in export projections. The December contract remained under pressure as the first delivery date approaches on November 21.
This morning (Indian Standard Time), ICE cotton for December 2025 was trading at 62.93 cents per pound (up 0.03 cent), cash cotton at 60.40 cents (down 0.40 cent), the March 2026 contract at 64.56 cents (up 0.03 cent), the May 2026 contract at 65.76 cents (up 0.06 cent), the July 2026 contract at 66.85 cents (up 0.04 cent), and the October 2026 contract at 67.33 cents (down 0.26 cent). A few contracts were unchanged from their previous close, with no trading recorded so far today.
Fibre2Fashion News Desk (KUL)
Fashion
Philippines merchandise exports jump 14.5% by Nov, exceed 2024 level
In November 2025 alone, exports climbed 21.3 per cent to $6.9 billion, supported by robust demand for consumer goods. DTI noted that this marked the eleventh consecutive month of export expansion and the third straight month of double-digit growth. Slower import growth also helped narrow the trade deficit by 9.9 per cent.
Philippines merchandise exports rose 14.5 per cent YoY to $77.4 billion by the end of November, exceeding 2024’s full-year total, as per DTI.
November exports jumped 21.3 per cent to $6.9 billion, led by consumer goods.
Footwear and garments recorded strong gains, while exports to the US, Hong Kong, Canada and Australia surged, narrowing the trade deficit and highlighting global competitiveness.
Within consumer goods, footwear exports surged 28.6 per cent, while garments posted an 11.2 per cent increase. Key export destinations during the month included Hong Kong and the United States at $1.2 billion each. Shipments to the Netherlands and Taiwan together amounted to $330 million, Germany recorded $295.9 million, and exports to Malaysia, Mexico and Italy each grew by more than 50 per cent.
Exports to Canada nearly tripled to $1.6 billion, while shipments to Australia rose sharply to $1.7 billion, underscoring the broad-based nature of the expansion.
DTI said the sustained growth highlights the continued competitiveness of Filipino products in global markets. Cristina Roque, trade secretary at DTI said that the strong performance of consumer goods reflects rising global demand and supports employment, incomes and new opportunities for exporters, as reported by the Philippine media.
Bianca Pearl Sykimte, export marketing bureau director at DTI attributed the momentum partly to improved market access. She attributed the momentum to improved market access, alongside gains from targeted export development and promotion initiatives, which are expected to support more inclusive growth going forward.
Fibre2Fashion News Desk (SG)
Fashion
UK year-end review 2025: Seeking new avenues
US reciprocal tariffs raised costs for UK fashion exporters, with some luxury fabrics facing up to 35 per cent duties in the US.
Currency weakness further squeezed margins across the sector.
UK policy responses eased imports from developing nations and reshaped supply chains.
Exporters increasingly diversified towards MENA and Asia-Pacific markets, signalling a shift in trade strategy.
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Fashion
German shirt-making pioneer Eberhard Bezner turns 90
Published
December 30, 2025
Eberhard Bezner turns 90. The long-standing managing director and current co-owner of Olymp Bezner KG, and co-founder of the eponymous foundation in Bietigheim-Bissingen, Baden-Württemberg (Ludwigsburg district), will celebrate his milestone birthday on December 31. As a German fashion entrepreneur, Bezner brought numerous innovations in modern shirt-making to fruition, laying the foundations for the company’s outstanding market position today.
Eberhard Bezner was born on December 31, 1935 in Stuttgart, Württemberg, the only child of company founder Eugen Bezner and his wife, Wilma (née Klaus).
Bezner grew up in Bietigheim and Ingersheim in the district of Ludwigsburg. After completing his schooling in Bietigheim in 1950, he began a structured apprenticeship as a textiles and retail merchant with a textile wholesaler in Ludwigsburg.
Bezner then joined his parents’ company in September 1953, initially as a junior employee. Following the sudden death of his father, Eugen, in January 1960, he had to take responsibility for the fast-growing, medium-sized shirt manufacturer overnight, at just 24 years of age.
As managing partner, he devoted himself to this role for many decades, until the complete handover to his son and successor, Mark Bezner, who now successfully runs the internationally active family business in its third generation.
One of Eberhard Bezner’s key entrepreneurial achievements was recognising, as early as the late 1960s, the growing difficulties facing domestic textile production in Germany.
The demand for qualified production workers could scarcely be met at that time. In the face of near-full employment, the local textile and clothing industry, particularly in the Middle Neckar region, continuously lost workers to traditionally strong sectors such as mechanical engineering and the automotive industry.
As a result, alternatives for shirt production had to be found abroad- this was the only way to preserve the medium-sized company and safeguard jobs in Germany.
In addition to his many years as an entrepreneur, Eberhard Bezner also took on political responsibility at municipal level in his hometown of Bietigheim for decades. From 1968 to 2004, he was at times the longest-serving councillor in the CDU group on the Bietigheim-Bissingen city council and also served, on an honorary basis, as deputy to the then Lord Mayor, Manfred List (CDU).
For his numerous services to the community as a citizen, patron, sponsor, and elected official, he received the Badge of Honour of the state of Baden-Württemberg and also holds the Cross of Merit on ribbon of the Order of Merit of the Federal Republic of Germany. In October 2013, Eberhard Bezner was additionally honoured by the Baden-Baden Economic Forum for his life’s work as the doyen of the German shirt industry and as a shareholder of OLYMP.
Guided by the humanist maxim “It is far more blessed to give than to receive,” the committed philanthropist Eberhard Bezner has long been active in charitable humanitarian projects. Together with his son, Mark Bezner, and his daughter, Birgit Bezner-Fischer, he founded the Olymp Bezner Foundation in 2008 with a private endowment of one million euros, which has since worked worldwide to support the education, health, and welfare of children and young people.
In 2010, Eberhard Bezner opened the “EBERHARDS” hotel and restaurant, now run by his grandson Bastian Fischer, as a stylish address in Bietigheim-Bissingen. In a prime city-centre location- right on the River Enz, beside the Bietigheim railway viaduct, the town’s landmark, and opposite the municipal indoor swimming pool- EBERHARDS combines high-quality accommodation for business travellers and holidaymakers with culinary experiences for connoisseurs and lovers of regional cuisine.
Eberhard Bezner is also an avid music lover and the initiator of the “Jazz im OLYMP” festival, which has been held annually on the company premises since 2001 and has established itself as a cultural highlight in the Stuttgart region with its numerous international music groups, performers and bands. As a sports fan and sponsor, Bezner has also been a major supporter of local sports clubs in Bietigheim-Bissingen for decades.
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