Grasim To Acquire Textile Company Soktas For Rs. 165 Cr
India-based Grasim Industries, owned by Aditya Birla Group, has acquired textile company Soktas India Private Limited (SIPL) for Rs. 165 crore. The company operates brand...
Author : Perfect Sourcing Newsdesk
Textile, Apparel Sales Jump 9% In India; Imports Up 5%
Textile and apparel sales in India surged 9 percent in the first nine months of financial year 2018-19. This was mentioned in the latest Wazir...
Fashion Courses Launched For Young Guns in India
India’s Union Minister of Textiles Smriti Zubin Irani has launched five-short term courses at National Institute of Fashion Technology (NIFT) Panchkula via a video session...
Indian Textile Fair GARTEX Goes Big, Collabs With Texprocess
Three years back these to textile tradeshows made their debut in India. Organised by MEX Exhibitions, Gartex and by Messe Frankfurt, Texprocess India. After receiving...
Thousands Of Jobs To Be Created at Apparel Manufacturing Park In Tamil Nadu (India)
The first ever integrated apparel manufacturing park in the Indian state of Tamil Nadu is likely to create jobs for thousands of people. The Gobi...
Cambodia Garment Industry Reports Dip In Accidental Cases
Cambodi’a Labour Ministry has released an annual report describing a dip in the number of garment workers died in accidents in 2018. The report claims...
Macy’s Launches App, In-Store Technology to Enhance Shopping Experience
Macy’s Inc., one of the United States’ premier retailers with 690 stores, has launched Mobile Checkout, powered by the Macy’s App to speed up in-store...
BIG News: Donald Trump To Scrap GSP Status For India
USA President President Donald Trump is considering to end preferential trade treatment, called Generalized System of Preferences (GSP). Markedly, the programme permits US $ 5.6...
Just In: Flipkart Soars Up Commission Fee For Apparel Sellers
USA-based Walmart-owned Indian ecommerce company, Flipkart has amplified the commission charges from the vendors in the apparel segment. The ecommerce company had reportedly intimated the...
Sports brand Fila plans 100 stores; expects 50% omnichannel growth in India
Omnichannel, a cross-channel strategy that brands use these days to improve their user experience and presence over channels such as physical locations, e-commerce, mobile applications,...