Inflation Affects Profits of Abercrombie & Fitch Co
Abercrombie & Fitch Co recently announced its annual forecasts for sales and margins and posted a surprise quarterly loss due to a surge in freight...
Tag : apparels
India’s textiles exports highest-ever in FY22 at $44.4 billion : Government
India’s textile and apparel exports hit a new high of USD 44.4 billion in the fiscal year 2021-22, according to the government. The total exports...
40% rise in cotton prices.. Is Apparel industry prepared?
The World Bank warns the Ukraine war is set to cause the “largest commodity shock” since the 1970s with cotton prices expected to be nearly...
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...
Kitex Group Starts Construction of New Unit
Kitex To Invest Rs 16,000 cr; Produce 7 Lakh Garments One of the biggest apparel exporters from the country Kitex Group has started construction...
GartexTexprocess India to be held in Mumbai
GartexTexprocess India which is jointly organised by Messe Frankfurt India and MEX Exhibitions is ready to host its Mumbai edition from 12th to 14th May...
Trent Ltd Opens Westside’s 200th store
Tata Group-owned Trent Ltd has strengthened the presence of its leading fashion brand Westside with the opening of its 200th store in the country The...
H&M Inching Closer Towards Sustainability Goals
H&M Group believes that supply chain traceability and transparency should go hand-in-hand to create greater accountability for where materials and products come from. Thus, it...
Garment Technology Expo to be Held in Delhi
Around 500 Brands and companies will exhibit latest machinery, equipment, spares & accessories at the upcoming Garment Technology Expo at NSIC Exhibition Complex Okhla from...
ITMA 2023 Bookings Receive Enthusiastic Response
ITMA 2023, the 19th showcase of the world’s largest textile and garment technology exhibition is on track to occupy 12 halls of the Fiera Milano...