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Centre Takes Series of Measures for Technology Upgradation and Modernisation in Textile Industry

PS NewsDeskJuly 28, 2021July 28, 2021

by PS NewsDeskJuly 28, 2021July 28, 202101474

With a view to catalyse technology up-gradation and modernisation in textile industry in the country to make it globally competitive, Ministry of Textiles is implementing...

News

Fast Retailing cuts its annual profit forecast

PS NewsDeskJuly 27, 2021

by PS NewsDeskJuly 27, 202102883

Uniqlo owner Fast Retailing has lowered its annual profit forecast as a result of additional Covid-19 related government restrictions in Japan and overseas denting footfall....

Trade

UK SEES DECLINE IN ONLINE SALES

PS NewsDeskJuly 27, 2021

by PS NewsDeskJuly 27, 202101375

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...

News

Crocs have made a pandemic comeback

PS NewsDeskJuly 27, 2021

by PS NewsDeskJuly 27, 202102519

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

PS NewsDeskJuly 23, 2021

by PS NewsDeskJuly 23, 202101717

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...

News Retail

V mart acquires Arvind fashion’s Unlimited

PS NewsDeskJuly 23, 2021

by PS NewsDeskJuly 23, 202102606

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...

Fashion News

LVMH ACQUIRES MAJORITY STAKE IN OFF-WHITE™

PS NewsDeskJuly 22, 2021

by PS NewsDeskJuly 22, 202101927

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...

Technology

The LYCRA Company and HeiQ Enters Into Collaboration

PS NewsDeskJuly 21, 2021July 21, 2021

by PS NewsDeskJuly 21, 2021July 21, 202101637

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...

Trade

Removal of import duty on cotton Demands Exporters

PS NewsDeskJuly 21, 2021

by PS NewsDeskJuly 21, 202101382

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...

Fashion News

Ralph Lauren Unveils Range with RL Cooling Tech

PS NewsDeskJuly 20, 2021

by PS NewsDeskJuly 20, 202102742

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...

The Evolution of the Japanese Apparel Market: Tradition…

Arvind Limited Welcomes Susheel Kaul as Managing Director…

Inditex Ventures Deeper into India: Introducing Bershka and…

India-EFTA Trade & Economic Partnership Agreement (TEPA) inked

US Tariffs Put Apparel Orders on Hold

Impact of 25% Tariffs on India’s US Textile…

India–UK FTA Signed in Presence of PM Modi…

IEML & GTE Enters into New Strategic Alliance

Fastest Growing Fashion Brands Giving Opportunity to Indian…

Fast Retailing cuts its annual profit forecast

V mart acquires Arvind fashion’s Unlimited

LVMH ACQUIRES MAJORITY STAKE IN OFF-WHITE™

The LYCRA Company and HeiQ Enters Into Collaboration

Jasveen Kaur Elevated to Vice President at Newtimes...

Bhartiya International Bets on Industry Veteran Dr G...

Manoj Arora Takes Charge as Head of Sustainability...

Aditya Birla Lifestyle Brands Limited Appoints Rishi Marwah...

Kevin Seifert Elevated to Divisional Vice President, Merchandise...

Recent Posts

Delegation led by AEPC Meets Vice President of India, Seeks Cotton Import Duty Removal

Sourcing Professionals Alliance (SPA) Hosts Landmark Meet & Greet Evening; Announces Founder Core Team

Jasveen Kaur Elevated to Vice President at Newtimes Group

Editor's Picks

US Tariffs Put Apparel Orders on Hold

Impact of 25% Tariffs on India’s US Textile and Apparel Exports

Beyond Incentives: What Will Truly Future-Proof India’s Textile & Apparel Sector?

PS Exclusive

US Tariffs Put Apparel Orders on Hold

Impact of 25% Tariffs on India’s US Textile and Apparel Exports

India–UK FTA Signed in Presence of PM Modi and Industry Leaders

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