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...
Laser machine maker Eurolaser to introduce new conveyor system
Eurolaser, a manufacturer of CO2 laser machines for cutting, engraving, and marking from Germany, will present its latest innovation, L-1200 conveyor laser system, at Heimtextil...
Indian sportswear brand Alcis opens two more stores to reach 40 by 2019
Indian sportswear brand, Alcis Sports has launched two Exclusive Brand Outlets (EBOs) in (Bagru) Rajasthan and (Kurukshetra) Haryana. The stores stock sportswear and athleisure lines...
Kering to end ECOM collab with YNAP; joins forces with Apple for Apps
French luxury fashion conglomerate Kering is set to operate its e-commerce websites in-house by 2020. With this move, the company will end a 7-year JV...