INDITEX’S REVENUE, PROFIT AND CASH GENERATION ALL TIME HIGH
The world’s biggest clothing retailer Inditex has confirmed its recovery from the pandemic by delivering higher sales, profits and cash generation than it recorded prior...
Tag : business
Shipping containers scarcity & increased Freight Cost haunts exporters
After attaining crisis proportions earlier this year, shipping containers are again in short supply, which is increasing logistics costs for exporters and making businesses uncompetitive....
INDIA’S TEXTILE AND APPARELS EXPORTS TO US UP BY 55%
India’s textile and apparel exports to the United States, its single largest market, were up 55% in the first seven months of 2021. This is...
GAP Inc. acquires e-commerce start up
Gap Inc. acquired e-commerce startup Drapr, a recent Y Combinator alum that has built technology that lets customers try on clothing virtually to ensure a...
Bangladesh and India has ample scope to work together says BGMEA President
BGMEA President Faruque Hassan said Bangladesh and India can reap more mutual trade benefits through further collaboration, especially in the area of apparel and textile...
NIKE Ropes in Shahi Exports to Operate Stores in Top Markets
Nike Inc has divided its franchisee rights in India into a tier system for different markets whereby it has brought in a subsidiary of apparel...
HOME TEXTILE SECTOR AGAIN POISED FOR STRONG GROWTH
Indian home textile exporters are again poised for robust performance in fiscal 2021-22 due to several factors, including pandemic-induced lifestyle changes and rise in stay-at-home...
GOVERNMENT CONSTITUTES A COMMITTEE FOR DOUBLING THE PRODUCTION OF HANDLOOMS
The Government has constituted a Committee headed by Sh. Sunil Sethi, Chairman, Fashion Design Council of India (FDCI) New Delhi, , in pursuance of the...
India’s GDP growth accelerates to record 20.1% in Q1
The jump in GDP numbers is mainly due to a weak base last year and also a rebound in consumer spending during the quarter India’s...
DONEAR GROUP ACQUIRES MAYUR BRAND
DONEAR Group has announced the acquisition of MAYUR Fabrics and PV Suiting Global distribution network from RSWM. This move will solidify DONEAR Group’s comprehensive product...