Paramount Textile Mills P Ltd Felicitated with Gold Trophy in Exports
For the FY 2019-2020, Paramount Textile Mills P Ltd., was conferred upon two Gold Texprocil Export Awards in Category for highest global export recognition by...
Category : Trade
GAP REPORTED ITS Q1 2021 Results
A portfolio of purpose-led, lifestyle brands including Old Navy, Gap, Banana Republic, and Athleta, and the largest specialty apparel company in the U.S., reported first...
Arvind posts net profit of Rs 53.34 crore for March quarter
Leading textile manufacturer Arvind Ltd reported a consolidated net profit of Rs 53.34 crore for the fourth quarter ended March 2021. The company had posted...
Richemont: Profits surge Amidst Tough Scenario
The trading environment may have been volatile but luxury giant Richemont still managed to see net profit rising almost 40% in the financial year to...
JD Sports acquires retailer Oi Polloi
UK sportswear giant JD Sports is reportedly continuing its acquisition spree with acquisition of Manchester-based menswear boutique Oi Polloi. JD Sports bought the Northern Quarter...
Raymond Ltd Sees Decline in Q4 Results
Raymond Ltd witnessed a 15% decline in consolidated net profit at Rs 58 crore ($7.9 million) for the fourth quarter ended March 2021, as against...
Brooks Brothers and Fila collaborate on tennis, street wear collection
US clothing label Brooks Brothers and sportswear brand Fila have launched a limited-edition collection that includes apparel, footwear and accessories for both men and women....
Adidas reports profit in Q1
The company’s gross margin increased 2.1 pp to 51.8 percent. The company’s operating profit grew to a level of 704 million euros and with an...
JC PENNEY transfers USD 2.8Bn to Pension Beneficiaries
JC Penney has completed a transfer of pension risk to annuities provider Athene Holdings that ensures the bankrupt retailer’s retired employees will continue to receive...
GOVT HIGHLIGHTS MEASURES FOR REVIVAL OF TEXTILES INDUSTRY
In order to make the textile sector competitive by rebating all taxes/levies in international market, the Government has decided to continue the RoSCTL (Rebate of...