Abercrombie & Fitch’s second-quarter online sales surged 56%.
The apparel retailer reported a surprise profit, as it cut costs amid the e-commerce boom. Abercrombie called out a slower start to the back-to-school season...
Tag : apparel
INDIA TO GAIN BENEFIT WITH BUSINESS MOVING AWAY FROM CHINA
India is emerging as one of the preferred destination for International garment companies to shift their base from China. The international garment firms are now...
Vietnam’s textiles and apparel sector Sees $16.18 billion Turnover
The export turnover of Vietnam’s textiles and apparel sector in the first seven months of this year is estimated at $16.18 billion—a fall of 12.1...
AEPC requests extension of EMI moratorium on term loans till March 2021
Apparel Export Promotion Council (AEPC) Chairman Dr A Sakthivel requested Hon’ble Minister of Finance Smt Nirmala Sitharaman to extend moratorium on payment of installments for...
AEPC Appreciates FM’s Move
4 We welcome the decision of the Government to increase the outstanding loan limit from Rs 25 crore to Rs 50 crore and for raising...
Reusable ‘Triple Viral Shield’ Masks Produced by Loyal Textile Mills
Loyal Textile Mills on unveiled reusable ‘triple viral shield’ products with anti-viral coating, under its Supera Shield brand. Loyal said that it had collaborated with...
M&S Launches Face Coverings with Antimicrobial Properties
M&S announced the launch of M&S Antimicrobial Face Coverings. All profits from the sale of these coverings will be donated to its charity partner Goonj...
World textile & apparel trade dropped in 2019
The value of the world textile trade decreased by 2.4 per cent year-on-year to $305 billion, while apparel trade dropped 0.4 per cent to $492...
Govt to offer production-linked incentives to man-made Textiles.
Will this Open New Avenues for India in MMF Segment? When the GST was introduced in 2017, the tax incidence of 18% for man-made fibre...
INCREASE IN IMPORT DUTY ON OVER 200 TEXTILE PRODUCTS
The government has doubled the import duty on textile products — for the second time in a month — a move that is expected to...