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...
Tag : business
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 $44.4 billion : Government
India’s textile and apparel exports hit a new high of USD 44.4 billion in the fiscal year 2021-22, according to the government. The total exports...
RBI Hikes Repo Rate..Is Textiles & Apparels Industry ready for another jerk?
The 40 basis points increase in repo rate announced by the Reserve Bank of India (RBI) this week will lead to costlier loan, and add...
India’s Share in Apparel Exports to the US Improves, China’s Decline
In Feb 2022, US apparel imports stood at US$ 7.5 billion which is 39% higher than in Feb 2021. On YTD basis, the imports are...
Pratibha Syntex Ltd Receives Another Accolade
Pratibha Syntex Ltd (PSL), that has been focusing on sustainable textile manufacturing for many years is yet again felicitated for its services and initiatives. The...
Tirupur Speeds Up as Orders Galore
Tiruppur has clocked exports worth Rs 33,525 crore in the 2021-2022 fiscal accounting for 54.2 per cent of the country’s total exports in the sector,...
Sri Lankan Crisis Diverts Orders to India
The textile hub of Tirupur in Tamil Nadu is witnessing a surge in overseas orders as the export demand has diverted to India from Sri...
Shipping companies Face Brunt of Ukraine Russia War
The ongoing war between Ukraine and Russia has left shipping companies in India in crisis. The shipping activities in Northern black sea are closed and...
India and Australia FTA to create New Milestones in T&A Sector
India and Australia have signed an ambitious free trade agreement (FTA) in goods and services slashing import duties on a wide variety of items including...