This Textile Manufacturer is mulling Rs. 100 Cr retail expansion
Indian fabric manufacturer S Tex is expanding its retail presence in the country with an expansion plan worth Rs. 100 crore. The textile company will...
Home furnishing retailer Ikea to invest Rs. 5K Cr in Uttar Pradesh (India)
Swedish furniture retailer Ikea has signed a memorandum of understanding (MoU) with the Uttar Pradesh government to expand its presence in India. The company will...
This Italian fast fashion brand set for Vietnam debut
Italy’s OVS fashion brand will open its first outlet in Ho Chi Minh City this, Vietnam weekend. ACFC, distributor of IPP Group, a major Vietnamese...
Sri Lanka endorses its garmenting strength in France
In a bid to increase garment exports from the country, Sri Lanka’s Export Development Board (EDB) organised an apparel promotion program in collaboration with the...
Fashion brand Zodiac goes Green, launches eco-friendly menswear line
Fashion label Zodiac’s brand Z3 Relaxed Luxury now manufactures its clothing in an eco-friendly manner using recycled water and a “Zero Liquid Discharge” process. Clothing...
American Eagle Outfitters to open 20+ new stores in India
American Eagle Outfitters, which entered the Indian market this summer with Aditya Birla Fashion and Retail Limited, is currently increasing its physical retail presence in...
Why does Indian textile industry need 17 Mn more workers in Industry 4.0 Era?
Indian Ministry of Textiles has observed that the industry would reportedly require an extra manforce of 17 million in next four years. Currently, around 45...
India fixes 2018-19 export target for textile & garment at USD 47.287 Bn
Despite the sluggishness in the market, Indian Government has fixed export targets for textile and garment products (including handicrafts) for FY 2018-19 at US $...
Thread manufacturer Coats acquires cloud tech provider ThreadSol
UK-based Coats, the leading industrial thread manufacturer, has reportedly acquired ThreadSol, a cloud-based digital applications provider. The acquisition is for a cash consideration of up...
Cheers! American retailers likely to record USD 26+ Bn revenue on SUPER SATURDAY
Retail consultancy Customer Growth Partners (CGP) has claimed that SUPER SATURDAY, the last Saturday before Christmas and the biggest shopping day of the US holiday...