Resale market to see increased sale
The spread of the coronavirus has presented the vast majority of the fashion industry with uncertainty, as retailers had to close shop, fashion events were...
Category : Global
AEPC INVITES Proposals from Amazon for selling masks, PPE kits
AEPChe Apparel Export Promotion Council (AEPC) has sought special costing proposals from e-commerce iant Amazon for selling masks and personal protective equipment (PPE) kits through...
Nike revenues drop by 38%.
Nike saw fourth-quarter revenue drop 38 percent year-over-year to $6.31 billion alongside a net loss of $790 million as the athletic apparel and footwear giant’s...
Sustainable Textiles with a Pinch of Social Service-Avni
Rashmi Bharti, who studied mathematics in Delhi along with her husband, a technician, decided to change their lives completely. Nestled in the Kumaon region of...
Inditex 1Q20 sales drop limited to 44% despite up to 88% of stores closed
Online sales up 50% in 1Q20 and up 95% in April alone Group’s Executive Chairman Pablo Isla has unveiled the Group’s plan for 2020-2022, providing...
PVH Corp. Reports 2020 First Quarter Results
Sees Increased Losses due to Covid 18 The PVH group Ended the first quarter with $1.8 billion of liquidity, consisting of approximately $800 million of...
H&M Looks at Online Growth in 2020
The H&M group’s net sales increased by 8 percent to SEK 54,948 m (51,015) in the first quarter. In local currencies, net sales increased by...
BIG RESPITE FOR EXPORTERS AS GOVT REMOVES BAN ON PPE EXPORTS
The government on Monday allowed export of personal protective equipment (PPE) medical coveralls for coronavirus with a cap of 50 lakh per month. The exports...
Government considering exports of PPE-coverall
Considering the request by Apparel Export Promotion Council (AEPC), the Ministry of Textiles has assured to discuss with the Ministry of Finance, Commerce and Health...
Daily PPE kit production hits 8 lakh; manufacturers eyeing $60 bn global market: AEPC
Indian Apparel export industry, which showed great agility in switching to production of Personal Protective Equipment (PPE) kits and scaling it up from zero units...