Supply Chain Crisis an opportunity for Second Hand Retailers
The change in outlook towards second hand clothing will pave enormous growth opportunity for companies who started operations in the segment. The Covid era brought...
Tag : trade
Indian Textile Firm Arvind’s Q2 Sales Expand 62% As Demand Grows
Arvind Limited, one of largest textile companies in India also engaged in apparel retailing, has reported a 62% jump in revenues to Rs. 2,115 crore...
French Connection’s Revenues Decline
French Connection has seen its first half group revenue decline by 21.2 per cent to £40.2 million compared to the same period two years ago...
H&M Launches Creator Studio
H&M Group Business Ventures has announced it will be launching, Creative Studio, a new global platform and service for the merchandise industry that will offer...
Orders Revive but Raw Material Prices Pose New Challenges
After a long haul apparel exporters and domestic garment manufacturers in India are seeing a big jump in orders and most of them are reporting...
Imports Of Textile & Apparels By US Increases By 28.14%
US imports of textiles and apparel increased 28.14% to $ 71.36 billion in the first eight months of 2021, compared to $ 55.695 billion from...
Gap Inc Acquires Software Start up
Gap Inc. has acquired New York and Tel Aviv-based software start-up Context-Based 4 Casting Ltd. (CB4) for an undisclosed amount....
Ready made garments to get Expensive
The Goods and Services Council has decided to fix the inverted duty charges on readymade clothes from January 1 in 2022. The fix in the...
PUMA GEARS UP FOR DOUBLE DIGIT GROWTH
Puma has the potential to double its sales to more than €10 billion, equivalent to over $11.5 billion, in the longer term. Puma's third quarter...
GROWTH BACK IN INDIAN RETAIL
Value fashion retailers such as V-Mart Retail, Cantabil Retail are expecting a bumper festive season, which could even see sales surpass the pre-COVID levels....