India’s Apparel Exports Poised for Strong Growth says Chairman AEPC
India’s Readymade Garment (RMG) export to World for the financial year 2023-24 were to the tune of USD 14545 Million despite an extremely turbulent year...
Author : PS NewsDesk
Indian textile exports in December 2024 Sees Growth
Indian textile exports in December 2024 increased by 12.76% compared to December 2023, while apparel exports saw a 12.89% rise during the same period. The...
India Showcases Textile Excellence at Heimtextil 2025 in Frankfurt
India reaffirmed its position as a global textile leader as the Hon’ble Minister of Textiles inaugurated the India Pavilion at Heimtextil 2025, the world’s leading...
Pune to Launch First Dedicated Textile Waste Processing Unit
The Pune Municipal Corporation (PMC) is taking a groundbreaking step to address the city’s growing textile waste problem by launching its first dedicated textile waste...
Marquee Brands Acquires Iconic British Brand Laura Ashley
New York-based Marquee Brands, the owner of a diverse portfolio of 17 global brands, including Ben Sherman, has acquired Laura Ashley from Gordon Brothers, marking...
Revival of Garment Production in Tirupur Boosts Yarn Demand Amid Changing Buyer Preferences
In recent months, increased international demand has revived garment production in Tirupur, driving up yarn demand from textile mills. Retail buyers from Bangladesh are exploring...
Aditya Birla Fashion Secures $500M Through Preferential Issue and QIP to Fuel Growth
Fidelity Investments to participate in USD 275 Mn preferential issue along with promoters. Promoter participation at ~18% premium to yesterday’s closing price Board also approves...
JD Sports Cuts Profit Forecast Amid Tough Market Conditions
JD Sports has revised its profit forecast to £915–£935 million, down from £1.04 billion, citing challenging market conditions and heightened promotional activity during the peak...
Asda Launches Cost-Cutting Measures Following Disappointing Christmas
Asda has initiated cost-cutting measures after a challenging Christmas season, marked by a 5.8% decline in sales during the 12 weeks to December 29, 2024—the...
One Industry, One Voice: Garment Trade Associations Rally Against Proposed GST Rate Revisions
In a groundbreaking move to safeguard the domestic garment sector, the Clothing Manufacturers Association of India (CMAI) united with 14 prominent Garment Trade Associations from...