PIYUSH GOYAL IS THE NEW TEXTILE MINISTER
After the reshuffling of Cabinet was done the textile ministry was handed over to Piyush Goyal. Taking charge of the textile ministry, he said the...
Month : July 2021
RBI EXTENDS THE INTEREST EQUALISATION SCHEME
The Reserve Bank of India (RBI) extended the validity of the interest equalisation scheme (IES) for pre-and-post-shipment rupee export credit for three months till September...
Circular fibre innovation-Focal Point H&M, Bestseller & Adidas
A number of major clothing names have taken part in the latest funding round for Infinited Fiber Company (IFC) with the business having raised €30...
Uniqlo Gets into production with new ‘made in Tokyo’ line
Uniqlo is now focusing on its first made-in-Tokyo clothing, a limited release heralding a new design process and business model for operator Fast Retailing. The...
PUMA CREATES SUSTAINABLE FOOTWEAR STYLES USING SUGARCANE AND RECYCLED MATERIALS
Puma announced that by 2025, nine out of ten PUMA products will be made of more sustainable materials. As part of this commitment, they will...
WILL THE NEW PACKAGE BY FM SAVE APPAREL INDUSTRY?
Finance Minister Smt Nirmala Sitharaman announced a Rs 6.29 lakh crore stimulus package for economic relief and growth. In the package the Minister has announced...
LAND ALLOTMENT FOR APPAREL PARK IN NOIDA COMPLETE, COUNTDOWN FOR SETTING OF FACTORIES BEGIN
The Yamuna Expressway Industrial Development Authority (YEIDA) has completed allotment of land for a 150-acre apparel city, being developed by the Noida Apparel Export Cluster...
BANGLADESH IN LOCKDOWN, APPAREL INDUSTRY IMPACTED
The process of losses and slowdown in apparel industry is far from getting over. After India now Bangladesh is getting into lockdown for seven days...
Gap to close all 81 stores in UK and Ireland
Gap has confirmed it will be closing all 81 of its stores in the UK and Ireland by the end of this year. The fashion...