Intex South Asia 2018 curtains with 18% surge in buyer footfall
Intex South Asia 2018 concluded recently in Colombo, Sri Lanka. The fair was held from November 14-16. Over 200 textile suppliers from India, Sri Lanka,...
Author : Perfect Sourcing Newsdesk
Bangladesh releases official gazette notification on minimum wage
Bangladesh has officially issued a gazette notification which states that the new minimum monthly wage of around 4 million readymade garment (RMG) factory workers will...
Invista launches Lycra Freef!t for comfort movement in denim
US-based Invista, world’s largest integrated fiber, resin and intermediates manufacturer, has introduced its new Lycra Freef!t technology. The company claims that Lycra Freef!t provides denim...
Fashion business growth to lose pace globally in 2019
Report titled ‘The State of Fashion 2019’ by The Business of Fashion (BoF) and McKinsey & Company states that the year 2019 will see a...
Bangladesh garment exporters may get relaxation in tax at source
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) had recently tabled a proposal to seek a reduction in tax at source for the country’s garment exporters....
Indian textile industry seeks 50% reduction in power tariffs
To be able to remain a cost competitive textile manufacturing hub in India, Gujarat’s textile manufacturers are likely to meet the State Energy Minister Saurabh...
Fashion retailer Tilly’s posts 8.6% drop in profits
US-based fashion retailer Tilly’s reported a 3.9 percent increase in net sales for the third quarter to US $ 146.8 million. E-commerce sales grew by...
Textile company Pratibha Syntex bags multiple recognitions for its work
Indian textile company Pratibha Syntex has been recognised for its efforts. The company was honoured with Dare to Dream Award at an event held in...
Bangladesh to drive out Accord roped in post Rana Plaza collapse
In April 2013, Bangladesh garment industry witnessed the biggest industrial disaster with the collapse of Rana Plaza, an eight-story commercial building that housed garmenting unit....
Fashion label Zara launches its capsule outerwear collection
Spanish fashion brand Zara is amplifying its presence in the outerwear section with the launch of ‘TRF Recycled’ collection. As the name suggests, the assortment...