China Sees Slowdown in Exports
Between January and May 2023, China’s overall exports of textiles, clothing and accessories totalled $118.202 billion. This marked a decline of 5.26% per cent compared...
Tag : growth
Apparel industry congratulates Hon’ble Prime Minister for his visionary leadership
Apparel Exports Promotion Council congratulates Hon’ble Prime Minister, Shri Narendra Modi for his visionary leadership on Indian exports touching a new high despite the global...
Boohoo Cancels Orders as cost-of-living hits demand
Boohoo has been cancelling and deferring orders from suppliers as demand for clothing wanes amid the cost-of-living crisis. A Boohoo spokesman said “As is the...
Pearl Global Industries Acquires Major Stake in a Clothing Firm
Pearl Global Industries’ wholly owned subsidiary — Pearl Global (HK), Hong Kong has acquired 9 52.11% equity capital of Bangladesh based, Alpha Clothing (Alpha) for...
Time to Tap Potential of MMF Sector
The Centre is giving a push to the textile and clothing industry to leverage the traditional strengths in the man-made fibre (MMF) sector, Minister of...
Dilliard’s See 37 % Increase in Sales in Fourth Quarter
Dillard’s saw sales within its retail operation increase 37 percent during its fourth quarter to $2.08 billion on net income of $321.2 million. The sales...
Backward integration the way forward for Apparel Industry says Textiles Secretary
Textiles Secretary Upendra Prasad Singh suggested that the Indian apparel industry must focus on vertical integration to increase its scale and size and to benefit...
CEPA Between India and UAE to boost India’s Apparel Exports
The Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates (UAE), is expected to boost apparel trade between both the countries. With...
Textile Companies Report Surge in Profits
Raymond Ltd on saw a jump in its net profit to Rs 101.07 crore for the third quarter ended in December 2021. The company had...
A New Apparel Segment Is Growing Exponentially
Due to increased female participation of developing countries in badminton the sales of women’s badminton clothing, is expected to exceed US$ 11.72 billion. Through 2032,...