International beachwear market to cross US $ 22 Bn soon
As per a latest report published in media, the beachwear market worldwide is expected to surpass US $ 22 billionmark and settle at US $...
Category : News
Fast-fashion retailer Uniqlo opens its BIGGEST flagship store in SE Asia
Japan-based fast-fashion retail brand Uniqlo, owned by Fast Retailing, has opened its largest ever flagship store in Southeast Asia. It is also the lable’s sixth-largest...
Ukraine’s textile company Textile-Kontakt invests to open new fabric unit soon
Ukraine-based Textile-Kontakt Group, a pioneer in fabric manufacturing which is also into wholesale and retail trade, fabric import, accessories, home textile, special garments (like military...
American sock manufacturer Bombas deploys Centric Software’s tech solutions
Bombas, a sock manufacturer, has deployed Centric Software’s Product Lifecycle Management (PLM) solution to attain planned and operational digital transformation targets. The company is growing...
H&M invests in Klarna to modernise shopping experience for consumers
The global retail demographic is changing, and so does the ways of operating fashion retail businesses in future through high-tech retail shopping experiences to customers....
Home furnishing retailer IKEA expects e-business in India better than rest of the world
Sweden-based home furnishing retail giant IKEA, which launched its first ever store in India this August, expects online retail business in the country to be...
EU likely to suspend trade privileges Myanmar garment sector
Media reports claim that the European Union (EU) is taking into consideration the suspension of trade privileges given to numerous industries in Myanmar, including garments....
Just-In: Cambodia increases minimum wage for RMG sector to US $ 182 USD
The Government of Cambodia has fixed a new monthly minimum wage for the garment and footwear sectors at US $ 182 for 2019. This marks...
US tech firm Gerber Technology acquires fashion-fit specialist Avametric
US-based Gerber Technology has acquired Avametric that develops the world’s leading cloth simulation technology and enables fashion brands to deliver highly accurate 3D renderings of their...
Fashion retailer H&M smashes 40% sales growth in India
Sweden-based fashion retail brand H&M has registered 40 percent growth in its India business in the fiscal year 2018 ended in March. As per the...