Raymond: Branded Apparel Creates Profits
The vertically and horizontally integrated manufacturer-retailer, Raymond reported a satisfactory profitable year.Reportedly, the branded textile has seen growth of 9%in the last fiscal year whereas...
Category : Trade
EFI Acquires BDR BoyaKimya
Silicon Valley-based textile printer EFI Reggianiannounced to have acquired privately held Turkey based BDR BoyaKimya, manufacturer of inks for industrial digital textile printing. Though the terms...
Amazon Closing Online Operations in China.
Amazon plans to close down its online retail operations that cater to consumers in China due to strong local e-commerce rivals such as Alibaba and...
WHICH American Brand is Quitting Chinese Market?
American fashion brand, Forever 21 closed its online stores on major Chinese e-commerce sites Tmall.com and JD.com today, on 29th April, 2019. After terminating its...
Which Fashion Brands Scored the Best on Transparency Index?
The Fashion Transparency Index has rated 200 of the world’s biggest brands based on their public disclosure of policy and commitments, governance, supply-chain traceability, supplier...
Do you Know How Much Flipkart is Investing Again?
Walmart-owned e-commerce retailer Flipkart is strengthening its infrastructure in India and has been investing heavily across segments to consolidate its base. Walmart had acquired a...
TECHTEXTIL 2019: PICANOL AT TECHTEXTIL FRANKFURT
Technical textiles has been one of the pillars in the long term product strategy of Picanol. Due to its leading market position in the fields...
Phillips-Van Heusen Corporation’s Ethical Pretentions and the Workplace Reality?
Fashion giant Phillips-Van Heusen Corporation (PVH), which owns Tommy Hilfiger and Calvin Klein was recently accused of practicing unethical operations in Ethiopian factories. Reports says...
New Government To Announce New Industrial Policy Soon
Indian Commerce and Industry Minister Suresh Prabhu has commented, “We have finalised the industry policy. I am sure that the new government will announce that...
India’s Apparel Exports To Remain Flat
India’s apparel exports are likely to grow gradually at a Compound Annual Growth Rate (CAGR) of 12.06 percent to reach US $ 82 billion by...