Karnataka Attracting Investments for Textile and Apparel Sector
The Karnataka textile sector attracted Rs 4,292 crore in investments at the ongoing Global Investors Meet (GIM) in Bengaluru. The textile sector attracted investments from...
Tag : apparel
PDS acquires 51% stake in DBS Lifestyle
PDS Limited the global fashion infrastructure company acquired a 51% stake in Delhi-based end-to-end design solutions company, DBS Lifestyle. As part of this transaction, PDS...
Boohoo Cancels Orders as cost-of-living hits demand
Boohoo has been cancelling and deferring orders from suppliers as demand for clothing wanes amid the cost-of-living crisis. A Boohoo spokesman said “As is the...
KOHL’s to Expand Its Unique Apparel Range
Kohl’s will soon be expanding its adaptive apparel assortment for adults across three of its private brands. The size for the adaptive apparel market is...
Noida Apparel Export Cluster (NAEC) Busy in Making 50 lakh Flags for 75th Independence Day
The 75th Independence Day preps are going in full swing and apparel industry is also part of it. On August 15, 2022, the country will become...
PVH, Calvin Klein Sees Strong Top-line Growth
PVH Corp. informed that company’s revenues and earnings surpassed expectations for the first quarter, prompting the owner of Calvin Klein and Tommy Hilfiger to reaffirm...
Wear Well India Pvt Ltd Opens New Factory in Noida
Wear Well an export house that manufactures 80% woven and 20% knit fabrics and specialize in women’s and children’s wear has opened a new factory...
PDS Limited Signs Agreement with Forever 21
PDS Limited a design-led sourcing, manufacturing and supply chain platform catering to leading brands and retailers subsidiary, Poetic Brands, has entered into a license agreement...
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...
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...