DIGITAL SALES SURGE AT INDITEX
Inditex had good news on returning to profitability as it recovered from the major hit it took at the height of the pandemic-linked lockdowns. It...
Month : September 2020
PICANOL INTRODUCES THE TERRYPLUS-I
NEW BENCHMARK IN TERRY WEAVING The new TerryPlus-i is an airjet machine that is based on the OmniPlus-i which was introduced at ITMA Barcelona in...
USD 10bn opportunity in the US markets for India….
Indian Texpreneurs Federation (ITF) recently said that since the Chinese share in US apparel is declining from 2018, the Indian apparel clusters can take advantage...
COVID19 CREATES BIG DENT ON GARMENT CLUSTERS
Around 1,00,000 People Unemployed in Noida Alone in garment industry. The impact of Covid 19 has started to show its worst phase. While on one...
ALPANA RAZDAN, COUNTRY MANAGER, FALABELLA SHARES KEY INSIGHTS ABOUT FUTURE OF BUSINESS
A multinational chain of department stores owned by Chilean multinational company S.A.C.I. Falabella, is the largest South American department store. EXCERPTS PS: HOW WILL CONSUMER...
MILAN FASHION WEEK GOES PHYGITAL
The phygital Milan Fashion Week is drawing near, with the eagerly awaited presentation of the first Prada collection designed by Miuccia Prada and Raf Simons,...
Arvind Fashions to expand store network Will Open 20 New Stores
Arvind Fashions Ltd (AFL) is planning to strengthen the exclusive store network for American menswear brand Arrow in the country, by opening around 20 stores...
FUNDS TO BE RELEASED BY MOT under RoSTCL
The Union Cabinet, in March 2020, had approved the continuation of RoSCTL for export of garments and made-ups from April 1, 2020, till the scheme...
AMAZON ANNOUNCES TO HIRE 33,000 PEOPLE
Amazon has opened 33,000 salaried job openings across its business, from cloud computing engineers to managers in its warehouses, the strongest sign yet that the...
AMERICAN EAGLE ANNOUNCES CLOSURE OF 50 STORES Company Reports Losses in Second-Quarter
American Eagle Outfitters Inc. reported smaller-than-expected second-quarter losses and sales that beat expectations, boosted by intimates brand Aerie. On the company’s earnings call with analysts,...