Lululemon In Profits
Lululemon Athletica predicts a strong demand for athleisure and said the impact from Covid-19-related lockdowns in China was modest and more than offset by strength...
Tag : apparels
The Connect Between Artificial Intelligence and Sustainable Fashion
Decarbonisation efforts, resale retail and the rise of the circular economy, packaging initiatives, sustainable fashion and materials, rent on runway, second hand clothing, solar panels...
Tariffs Denting American Economy & Causing Inflation :NRF
National Retail Federation has written a letter of request for immediate tariff relief to address the ongoing inflation facing American businesses, workers and consumers. According...
Inflation hits retail sales globally
Global retailers have significantly trimmed down their profit projections, sighting raw material inflation and removal/reduction of stimulus, dampening the outlook. The Russia-Ukraine war has led...
Garment Show of India Joins Hand with Sourcing Consultants Association (BAA)
The 6th edition of Garment Show of India is poised for a bigger show, massive participation from leading readymade garment manufacturing companies from all over...
V2 to Expand Stores in Tier 2 and Tier 3 Cities
With increase in India’s per capita income and demand for quality products Tier ll and Tier lll are becoming the potential markets for retail chains...
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...
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...