Wait what?! Michael Kors to snap up Italian fashion house Versace
American fashion company Michael Kors has reportedly decided to take over of Italy’s fashion house Versace. However, no official announcement has been made yet. The...
Category : News
Nigerian textile sector to get US $ 2 Bn investment from Shandong Ruyi
Nigerian textile manufacturing industry has been struggling in the recent past. As per the statistics available, between 1980 and 2016, around 145 textile companies had...
Thread manufacturer Coats expands its production site in Vietnam
Coats plc, a leading industrial thread manufacturer based in the UK, has expanded its manufacturing unit in the world’s second-biggest apparel export destination, Vietnam. The...
Indian fashion retailer V-Mart Retail to inject Rs. 300 Cr
India-based fashion retail company V-Mart Retail mulls to invest Rs. 300 crore in a bid to expand its physical presence in the country by 2023....
Sri Lanka cuts down VAT on imported fabric to 5%
The Sri Lankan Government has altered the Value Added Tax (VAT) on imported fabric to 5 percent, to support the small-scale textile companies under the...
Source India 2018 Ruckus: Powerloom weavers handcuffed over voicing their demands
Surat, the major textile manufacturing cluster in India, is currently hosting Source India 2018, a textile sourcing exhibition being held at Surat International Exhibition and...
This Latest Report Tells How 3D Design Tech Disrupts Global Fashion Supply Chain
Coresight Research, which provides future-focused analysis, has released its latest report titled, ‘Deep Dive: 3D Design Technology Disrupts the Fashion Supply Chain’. According to the...
Michael Kors ropes in Andrea Pesaresi to helm Men’s Business, make it worth US $ 1 Bn
American luxury fashion brand Michael Kors has appointed Andrea Pesaresi as President of its Men’s Segment. He is expected to take charge from October 15,...
H&M’s Fair Living Wage Strategy benefits 1 Mn workers
1 million garment workers are now benefiting from the ‘Fair Living Wage strategy’ of Swedish fashion retailer H&M (Hennes & Mauritz AB). The programme was...
Lankan apparel export giant MAS Holdings bags ‘Exporting Conglomerate of the Year Award’
Sri Lanka-based apparel export company MAS Holdings has bagged prime recognition as the ‘Exporting Conglomerate of the Year’ was bestowed upon the exporter at Presidential...