Luxury Fashion House Tod’s Profit Dives 34% in 2018
Italian luxury fashion house Tod’s has announced the results of 2018 financial year. The iconic fashion label is facing the heat of the sluggishness in...
Month : March 2019
Popular Denim Brand Levi’s To Raise IPO Worth US $ 587 Mn
Popular denim brand Levi Strauss is set to become a publicly traded company. The fashion brand mulls to offer 36.7 million shares when it commence...
Scheme Launched For Female Garment Workers In Bangladesh
International Labour Organisation (ILO) and International Finance Corporation (IFC) have launched a training scheme for the upliftment of female garment workers in Bangladesh garment industry....
Bangladesh Garment Exports To USA Soar 6.65%
World’s second-largest garment exporter Bangladesh witnessed a 6.65 percent increase in its garment exports to the USA (United States of America). The garment manufacturing country...
American Eagle Outfitters to open 75 Aerie stores
USA fashion retailer American Eagle Outfitters will focus on the lingerie and intimate wear retail business more. The company will open 60 to 75 Aerie...
Textiles Ministry Launches Women Empowerment Schemes
The Indian Ministry of Textiles has launched special schemes to empower the women engaged in the textile industry (handloom, handicrafts, silk, and powerloom sectors). The...
Reliance Industries’ Rs. 5K Cr Bid To Buy Textile Company Alok Industries APPROVED
Reliance Industries, an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, operated by Mukesh Ambani had bid for bankrupt textile Alok Industries for Rs. 5,050...
40 Abercrombie & Fitch Stores To Shutter This Year
US-based fashion brand Abercrombie & Fitch is reportedly going to close 40 of its non-performing stores in 2019 as part of its turnaround plan. The...
German Fashion House Hugo Boss Seeks Profit From Asia, Online Business
German fashion house Hugo Boss is eyeing strong growth in online business and Asia market in 2019. The fashion house has launched a wide range...
Sustainable Fibre Manufacturer Birla Cellulose Held Hub Meet in Salem
LIVA brand from Birla Cellulose, global leaders in the man-made cellulosic fibre industry, recently organised a Hub Meet at Salem, Tamil Nadu, India. The textile...