UK SEES DECLINE IN ONLINE SALES
Online retail sales fell at their highest rate in history last month despite overall spending remaining high amid fears the online boom could be coming...
Author : PS NewsDesk
Crocs have made a pandemic comeback
Crocs reported record sales of $640m in the three months to 30 June - nearly double the same period last year. And the trend shows...
TEXTILE MINISTER BUOYANT ABOUT 10X GROWTH
Piyush Goyal, the new textiles minister, has set an ambitious target of scaling up the industry’s capacity by 10 times, amid indications that the government...
V mart acquires Arvind fashion’s Unlimited
Arvind Lifestyle Brands, a wholly owned subsidiary of Arvind Fashions Limited (AFL), has signed definitive agreements for strategic sale of assets of its Unlimited retail business to V-Mart...
LVMH ACQUIRES MAJORITY STAKE IN OFF-WHITE™
LVMH and Virgil Abloh announced that the luxury conglomerate will acquire a majority stake in Off-White LLC, the trademark owner of Off-White. Abloh has been...
The LYCRA Company and HeiQ Enters Into Collaboration
Textile technology innovation leaders, The LYCRA Company and HeiQ, have entered into a broad-based collaboration across multiple technology and brand platforms that promises to bring...
Removal of import duty on cotton Demands Exporters
The Cotton Textiles Export Promotion Council (Texprocil) has appealed to the Union Textile Minister Piyush Goyal to remove the Customs Duty on cotton as it...
Ralph Lauren Unveils Range with RL Cooling Tech
Ralph Lauren unveiled RL COOLING a state-of-the-art wearable technology which will be worn by Team USA’s flag bearer during the Olympic and Paralympic Opening Ceremony...
All products from China’s Xinjiang Banned in the US
The U.S. Senate passed legislation on Wednesday to ban the import of products from China's Xinjiang region, the latest effort in Washington to punish Beijing...
RoSCTL Scheme on apparels and made-ups Extended till 31 March
Rebate of State and Central Taxes and Levies on apparels and made-ups has been extended till 31 March The scheme is aimed at generating lakhs...