Indian textile exports in December 2024 Sees Growth
Indian textile exports in December 2024 increased by 12.76% compared to December 2023, while apparel exports saw a 12.89% rise during the same period. The...
Tag : growth
Revival of Garment Production in Tirupur Boosts Yarn Demand Amid Changing Buyer Preferences
In recent months, increased international demand has revived garment production in Tirupur, driving up yarn demand from textile mills. Retail buyers from Bangladesh are exploring...
Uniqlo to Open Flagship Store in London’s Coal Drops Yard
Uniqlo is set to open a new flagship store in the Coal Drops Yard development at King’s Cross this autumn, marking a significant milestone in...
D-Mart Reports 17.5% Increase in Q1 Profit to ₹774 Crore; Sales Surge 18.5% to ₹14,069.14 Crore
Avenue Supermarts Ltd, the parent company of the D-Mart retail chain, reported a notable 17.45% increase in consolidated net profit for the June quarter, reaching...
RedTape Unveils Advanced Sports Shoes Factory and Master Warehouse in Unnao
RedTape, a leading name in the footwear industry, proudly announces the inauguration of its state-of-the-art Sports Shoes Factory and Master Warehouse, strategically located on the...
Giriraj Singh Takes Charge as Union Textiles Minister
On June 10, 2024, Giriraj Singh assumed his new role as the Union Minister of Textiles, marking a significant leadership change in one of India’s...
Primark’s Playbook: Leading Fashion Through Economic Turbulence
In the midst of a cost-of-living crisis, Primark has emerged as a retail leader through savvy strategies and trend-driven collections. This success story delves into...
M&S Reports Significant Increase in Profits
Marks & Spencer’s clothing and home division has reported a 5.3% increase in sales year-on-year, with adjusted operating profit rising by 21% from £323.8 million...
Chanel Breaks Records with $20 Billion in Annual Sales Despite Luxury Market Slowdown
Chanel Reports 16% Revenue Increase in 2023, Plans 50% Boost in Capital Expenditure for 2024. French luxury brand Chanel reported on Tuesday that its sales...
Apparel exports to grow by 8-9% in FY2025 ?
After experiencing subdued demand in FY2024, it is anticipated that there will be a modest recovery of 8-9% in the revenues of sample companies, reaching...