Welspun India Forays into Health & Hygiene Sector
An extension of Welspun India’s recent foray into the health and hygiene category, the anti-viral products include terry towels, bed linens, rugs and carpet along...
Author : Perfect Sourcing Newsdesk
India’s textiles and apparel exports declined by 73% in April
India’s textiles and apparel exports declined by a staggering 73 per cent in April and May, due to closure of factories and problems in shipment...
AEPC INVITES Proposals from Amazon for selling masks, PPE kits
AEPChe Apparel Export Promotion Council (AEPC) has sought special costing proposals from e-commerce iant Amazon for selling masks and personal protective equipment (PPE) kits through...
Nike revenues drop by 38%.
Nike saw fourth-quarter revenue drop 38 percent year-over-year to $6.31 billion alongside a net loss of $790 million as the athletic apparel and footwear giant’s...
THE TOP 10 EMERGING TRENDS
WHAT WILL BE THE NEW NORMAL FOR APPAREL INDUSTRY ? The average market capitalisation of apparel, fashion and luxury players dropped almost 40% between the...
Algae T-shirt is the latest innovation with sustainable material by Vollebak
A UK based start-up – Vollebak – is going extra mile by using science and technology for shaping the future of apparel where they don’t...
Sustainable Textiles with a Pinch of Social Service-Avni
Rashmi Bharti, who studied mathematics in Delhi along with her husband, a technician, decided to change their lives completely. Nestled in the Kumaon region of...
Inditex 1Q20 sales drop limited to 44% despite up to 88% of stores closed
Online sales up 50% in 1Q20 and up 95% in April alone Group’s Executive Chairman Pablo Isla has unveiled the Group’s plan for 2020-2022, providing...
PVH Corp. Reports 2020 First Quarter Results
Sees Increased Losses due to Covid 18 The PVH group Ended the first quarter with $1.8 billion of liquidity, consisting of approximately $800 million of...
H&M Looks at Online Growth in 2020
The H&M group’s net sales increased by 8 percent to SEK 54,948 m (51,015) in the first quarter. In local currencies, net sales increased by...