Kitex Garments Q2 net profit jumps by 44 per cent
Kitex Garments reported a 44% rise in its net profit to Rs 26 crore ($3.6 million) for the second quarter ended September 26, as against...
Category : News
V-Mart Retail Limited announces the appointment of Aakash Moondhra as Chairman
“The Company also announced a strategic change in its leadership structure, further improving the corporate governance framework with the role of Chairman and Managing Director...
Lisa Donohue has been elected to the Gap Inc. Board of Directors
Gap Inc. announced that Lisa Donohue has been elected to the Gap Inc. Board of Directors. Donohue brings 30 years of global consumer, data and...
Udaan Targets 100 exclusive brands in partnership with small garment manufacturers
Udaan, India’s largest business-to-business e-commerce platform, aims to create over 100 exclusive brands in partnership with small garment manufacturers through its Lifestyle business. This business...
Supply Chain Crisis an opportunity for Second Hand Retailers
The change in outlook towards second hand clothing will pave enormous growth opportunity for companies who started operations in the segment. The Covid era brought...
Indian Textile Firm Arvind’s Q2 Sales Expand 62% As Demand Grows
Arvind Limited, one of largest textile companies in India also engaged in apparel retailing, has reported a 62% jump in revenues to Rs. 2,115 crore...
Sanjeev Mohanty promoted as Sr V.P & MD for Levis US & Canada
Previously served as Senior Vice-President and Managing Director of South Asia-Middle East and Africa Levi Strauss & Co. has announced the appointment of Sanjeev Mohanty...
French Connection’s Revenues Decline
French Connection has seen its first half group revenue decline by 21.2 per cent to £40.2 million compared to the same period two years ago...
RAINS DAMPEN SALES IN UK
September saw the slowest retail sales growth since January, when the UK was forced into lockdown due to Covid-19. Like-for-like sales were 0.6% lower for...
Orders Revive but Raw Material Prices Pose New Challenges
After a long haul apparel exporters and domestic garment manufacturers in India are seeing a big jump in orders and most of them are reporting...