Home textile Industry to Revive as Demand Picks Up
With the onset of festivals, home textile industry is expected to come back to its growth path. The US remains the largest market for Indian...
Category : Trade
UK consumer Confidence Affected due to Inflation
UK consumer confidence slipped by nine points in October, making it the largest month-on-month drop in over three years. Market research company GfK’s Consumer Confidence...
Ikea to Expand Sourcing from India?
IKEA is now in the process of putting together a plan outlining a second phase of investments in India. While how much investment will be...
China Sees Slowdown in Exports
Between January and May 2023, China’s overall exports of textiles, clothing and accessories totalled $118.202 billion. This marked a decline of 5.26% per cent compared...
Asos Sees Profits
Asos has hailed a return to profitability as its turnaround strategy delivers, despite posting a 14% drop in revenue. The online fashion giant said adjusted...
Cotton Prices Dip
A significant decline has been observed in cotton prices, approximately Rs 3,000 per candy, stimulating demand in the domestic market and enhancing the competitiveness of...
Walmart’s plans to export products worth $10 billion from India
Walmart is planning to increase its exports from India to $10 billion by 2027 and is looking to source toys, shoes and bicycles from Indian...
DuPont™ Artistri® Inks announces partnership with Colourtex
DuPont™ Artistri®, a global leader in digital inkjet inks with more than 30 years of innovation, is transitioning the production and supply of Artistri® reactive...
New Foreign Trade Policy has additional benefits
As per the new FTP Prime Minister Mega Integrated Textile Region and Apparel Parks (PM MITRA) scheme has an additional scheme eligible for benefits under...
Boohoo Plans Alternative Seeing Slow Growth
Due to unprecedented macroeconomic and market headwinds, Boohoo has come up with a new Growth Plan in a bid to drive long-term sustainable growth and...