Zara Profits Soared by 193%
Zara’s net profit soared by 193% in the year to January 2022, reaching €3.2 billion as sales almost recovered from the hit taken during the...
Tag : apparels
Mango Reports Strong Sales Via Online
Mango recently reported a turnover of £1.8 billion in 2021, with online sales accounting for 42%. Mango profits rose to their highest level in almost...
Birla Cellulose Targets Zero Carbon emissions by 2040
Birla Cellulose, the pulp and fibre business of Grasim Industries Ltd. a flagship company of the Aditya Birla Group, announced its goal to bring down...
Ted Baker Launches New Marketplace
Ted Baker is launching a new site in collaboration with Big Commerce to increase its sale on online platform. The new marketplace will help Ted...
John Lewis to Invest £90mn for Store Expansion
The online sales of John Lewis has seen a very good growth, however, the company will still continue to operate offline and not close its...
M&S Invests Acquires Active wear Brand
M&S has made a “strategic investment” in online activewear business. The company known as The Sports Edit was a “complementary ecommerce platform well positioned in...
Uniqlo Suspends Operations in Russia
Uniqlo temporarily suspended its operations in Russia following its invasion of Ukraine. Uniqlo has now backtracked on its decision to keep its Russian stores open...
PLI SCHEME Attracts Big Textile Players, 67 Applications Received by MOT
The textile ministry has received applications from as many as 67 companies to avail benefits of the production linked incentive (PLI) scheme for man-made fibres...
Extension of Deadline to Claim Dues
The last date for exporters to submit online applications to claim their pending dues under different export promotion schemes has been extended again, according to...
Embassy of India, Paris and AEPC organise Webinar on Opportunities In ‘India-France’
The Embassy of India, Paris in collaboration with Apparel Export Promotion Council (AEPC) organized a webinar on ‘India-France: Market Opportunities and Areas of Cooperation for...