Production stopped at units in Tamil Nadu
Apparel and home textile exporters in Karur stopped production from March 24. Other textile mills in Tamil Nadu will decide according to their order positions....
Category : Retail
Lockdown in Italy impacts retail and manufacturing
Luxury fashion is bracing for impact as Italy has been put into complete lockdown amid the coronavirus outbreak.Italy has a fashion-and-textile industry worth $107.9 billion,...
CMAI urges Govt to Save Industry from Deep Crisis
Team Perfect Sourcing spoke to CMAI about the current crisis in the industry and feedback was received. The current crisis caused by the Coronavirus will...
Stakes of Victoria secret sold
Victoria’s Secret, which once defined sexy with its leggy supermodels prancing around in their bras and oversized angel wings, is being sold as women increasingly...
Fashion Industry Leaning Towards AI for Economic Sustainability
Despite the established nature of the fashion industry, AI is fundamentally transforming the manufacturing of products to the way they are marketed and sold. AI...
Pier 1 Imports Announces to Close More than Half of Its Stores
Pier 1 Imports, the specialty furniture chain once hailed as a trendy destination for young professionals, recently announced that it might close up to 450 of...
Sri Lanks Sees Increase in Apparel exports in 2019
Sri Lanka earned a record 5.3 billion U.S. dollars from its apparel exports in 2019, showing a 5.1 percent year on year increase, according to...
Exports of Indian man-made fibre (MMF) textiles is expected to reach $7 billion
Exports of Indian man-made fibre (MMF) textiles is expected to reach $7 billion by the end of fiscal 2020-21, witnessing a growth of at least...
Duty Drawback Rates Revised
The Department of Revenue has notified new duty drawback rates for textile and clothing products in a communication dated January 28 and the new rates...
Reliance Retail Q3 pre-tax profit grows 62 per cent
MukeshAmbani-led Reliance Retail posted a 62.3 per cent jump in earnings before interest, tax, depreciation and amortization (EBITDA) to Rs 2,727 crore for the third...