40 Abercrombie & Fitch Stores To Shutter This Year
US-based fashion brand Abercrombie & Fitch is reportedly going to close 40 of its non-performing stores in 2019 as part of its turnaround plan. The...
Author : Perfect Sourcing Newsdesk
German Fashion House Hugo Boss Seeks Profit From Asia, Online Business
German fashion house Hugo Boss is eyeing strong growth in online business and Asia market in 2019. The fashion house has launched a wide range...
Sustainable Fibre Manufacturer Birla Cellulose Held Hub Meet in Salem
LIVA brand from Birla Cellulose, global leaders in the man-made cellulosic fibre industry, recently organised a Hub Meet at Salem, Tamil Nadu, India. The textile...
Retail ALERT: Reliance Industries To Bet Big On Fashion Business
Reliance Industries Ltd., an Indian conglomerate holding company headquartered in Maharashtra, is mulling to make its fashion business even bigger. The company operates Reliance Trends...
Here’s All You Need To Know About Tamil Nadu Integrated Textile Policy
The Indian state of Tamil Nadu has announced Integrated Textile Policy for the textile sector. The policy aims at the growth of the entire textile...
Market Update: India’s Arvind Fashions shares soar 5% on NSE
The market today improved for the Indian fashion and textile company as shares of Arvind Fashions, which debuted today on exchanges, soared 5 percent at...
Happy? Women’s Day!? Ted Baker CEO Ray Kelvin quits over sexual misconduct allegations
Britain-based fashion retailer Ted Baker has announced that its Chief Executive Officer Ray Kelvin resigned from his role amid an investigation of his ‘mis’conduct with...
BREAKING: India’s Union Cabinet Finally Gives Nod to ‘Rebate State, Central Embedded Taxes Scheme’
The latest news to have arrived has something to cheer about for the textile manufacturers in India. The country’s Union Cabinet has finally approved the...
Textiles Minister Smriti Irani Lays Foundation Stone For Textile Park, ZLD Plant
Indian Textile Minister Smriti Irani has laid the foundation stone for Karanj Textile Park in the manufacturing hub of Surat, Gujarat. The Textile Park has...
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...