Apparel retailer Forever 21 weighs bankruptcy filing
Reportedly, Forever 21 is preparing for a potential bankruptcy. According to the close source of the company, the retailer has been working with a team of advisers...
Category : Trade
M&S and British High Commission launches Responsible Migration project
To spread awareness among migrants to ensure safe migration for work, Dominic Asquith, British High Commissioner to India, launched a program ‘Promoting Responsible Migration from...
Indian textile sector losing edge in international market to Vietnam, Bangladesh and more
India ranked fifth in the global textile and clothing exports in 2018 though it was in the second position between 2014 and 2017, according to...
Slowdown bites textile sector, industry body urges Govt to prevent job losses
According to an apex body representing the industry, the Indian cotton-spinning sector is in dire straits and is facing such a crisis that have not...
Amazon is looking out for ‘Top Brands’
Amazon is testing a new badge for some of its high profile clothing brand named, “Top Brand”, equivalent to the “Best Seller” and “Amazon’s Choice”...
Banana Republic to Join the Clothing Rental Services League
Banana Republic recently announced to launch an online women’s apparel subscription service in the U.S at the end of this September following the wave of...
MAS Holdings to elevate employment in Kenya by 2020
In such time when the country is grappling with job cuts as companies move to align their operations with a changing economic landscape, Sri Lankan...
Textile and Silk Industry To Be Encouraged.
The two-day-long Sourashtra Industrial Trade Conference’, hosted by Sourashtra Chamber of Commerce, concluded at Madurai. Addressing members of Sourashtra community on the first day of...
ABFRL to acquire 51% stake in designers Shantanu& Nikhil’s apparel brand
At the cost of aroundRs 60 crore including towards the subscription amount to be infused in Finesse ABRFL is acquiring 51% stake in designers Shantanu&...
CLOTHES BELOW RS.2,000 TO ENJOY LOWER GST?
Clothes below Rs.2,000 may enjoy lower GST of 5% against 12% if finance minister NirmalaSitharaman considers the suggestion proposed by Retailers Association of India (RAI)....