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...
Tag : trade
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...
AMERICAN EAGLE ACQUIRES LOGISTICS COMPANY AIRTERRA
American Eagle Outfitters recently acquired logistics startup AirTerra, a startup cofounded by a former e-commerce logistics authority at Walmart and Nordstrom. AirTerra combines packages from...
Sales bounce back at Macy’s & Kohl’s
Macy’s and Kohl’s raised their projections for 2021 after easily beating expectations in the just-ended second quarter. Macy’s expects sales for the year of between...
COACH SEES GOOD SALES
Coach parent company Tapestry has seen its fourth quarter net sales reach $1.62 billion (£1.18 billion), marking a 126% per cent increase. On a 13-week...
Government Notifies Continuation of Scheme for Rebate of State and Central Taxes
The Government has issued Notification regarding continuation of Scheme for Rebate of State and Central Taxes and levies (RoSCTL) on export of garments and made-ups...
Nike named world’s most valuable apparel brand
Nike takes top spot in list of world’s most valuable apparel brandsfor the seventh consecutive year in a list of the world’s most valuable apparel...