Abercrombie & Fitch’s second-quarter online sales surged 56%.
The apparel retailer reported a surprise profit, as it cut costs amid the e-commerce boom. Abercrombie called out a slower start to the back-to-school season...
Author : Perfect Sourcing Newsdesk
SVP Group to Develop Project in Rajasthan; to boost employment and Support Textile Also
Rajasthan would soon host several development projects in the textile, defence and aviation sectors. For this, the state government has entered into an understanding with...
Liva conducts a “Buyer- Seller Meet” at Jaipur Studio
Liva Accredited Partner Forum (LAPF) conducted a “Buyer- Seller Meet” at its Jaipur Studio in association with Garment Exporters Association of Rajasthan (GEAR), where esteemed...
MOU Between India and Japan to Improve Quality Approved
The Union Government has approved the signing of a Memorandum of Understanding (MoU) between India and Japan in order to improve the quality and testing...
INDIA TO GAIN BENEFIT WITH BUSINESS MOVING AWAY FROM CHINA
India is emerging as one of the preferred destination for International garment companies to shift their base from China. The international garment firms are now...
Vietnam’s textiles and apparel sector Sees $16.18 billion Turnover
The export turnover of Vietnam’s textiles and apparel sector in the first seven months of this year is estimated at $16.18 billion—a fall of 12.1...
“Transparency” is the key for Clothing and Home Textiles Brands, says Survey By Lenzing
Lenzing Survey shows that “Transparency” is key for clothing and home textiles brands to win consumer trust and confidence, with “Eco-friendly” and “Biodegradable” being favourable...
AEPC requests extension of EMI moratorium on term loans till March 2021
Apparel Export Promotion Council (AEPC) Chairman Dr A Sakthivel requested Hon’ble Minister of Finance Smt Nirmala Sitharaman to extend moratorium on payment of installments for...
RELIANCE RETAIL ACQUIRES FUTURE GROUP AT RS 24,713 CR
Mukesh Ambani-led Reliance Industries said will acquire the retail and wholesale business and the logistics and warehousing business of Future Group in a deal valued...
Myntra Fashions acquires a 100 percent stake in Deepika Padukone’s ‘All About You’
Myntra Fashions has reportedly acquired a 100 percent take in Deepika Padukone’s ‘All About You’ for an unspecified amount, in what is one among a...