RBI Hikes Repo Rate..Is Textiles & Apparels Industry ready for another jerk?
The 40 basis points increase in repo rate announced by the Reserve Bank of India (RBI) this week will lead to costlier loan, and add...
Tag : apparel
India’s Share in Apparel Exports to the US Improves, China’s Decline
In Feb 2022, US apparel imports stood at US$ 7.5 billion which is 39% higher than in Feb 2021. On YTD basis, the imports are...
Apparel Retail Sales in the US sees Good Jump
A report released by Wazir Advisors indicate that in the month of March 2022 the apparel store sales in the US reached US$ 17 billion...
Time to Tap Potential of MMF Sector
The Centre is giving a push to the textile and clothing industry to leverage the traditional strengths in the man-made fibre (MMF) sector, Minister of...
Russia Ukraine War Affects Orders and Payments
War has never been easy for any industry and with tension surging between Russia and Ukraine it is expected to make a huge impact on...
American Eagle Latest Entrant into the World of Metaverse
AEO is the latest brand to enter the world of metaverse, after it clocked a deal with Roblox aimed at making gains with Gen Z....
Gokaldas Exports reports five-fold jump in profits
Bengaluru-based garment exporter Gokaldas Exports Limited on Friday reported a big increase in its consolidated profit after tax at Rs 30 crore for the December quarter...
Pantone unveils the colour trend report
Pantone, the global authority on colour, has unveiled the colour trend report for London Fashion Week spring/summer 2022 season and predicts that designers will showcase...
KPR Mills to Invest in Jharkhand
Create employment for more than 12,000 workers. The Jharkhand government will soon ink a memorandum of understanding with a Kerala-based KPR mills to provide employment...
TEXTILE MINISTER UPDATES ABOUT T&A CURRENT STATUS OF GROWTH
Union Minister of Textiles, Smt. Smriti Zubin Irani updated the Rajya Sabha on the current status of textile and apparel sector of India in a...