China to close Textile production?
China is losing the most basic necessity of human civilisation electricity. Till now, we only knew how the Chinese steel mills, aluminum manufacturing and power...
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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....
Pantone unveils the colour trend report
Pantone, the global authority on colour, has unveiled the colour trend report for London Fashion Week spring/summer 2022 season and predicts that designers will showcase...
NEXT and GAP to run stores jointly in UK
The British clothing retailer Next has struck a deal with Gap to run its business in the UK and Ireland, months after the US chain...
ASOS TO ACHIEVE NET-ZERO ACROSS THE FULL VALUE CHAIN BY 2030
Online retailer Asos has published its ‘Fashion with Integrity 2030’, environmental, social, and corporate governance programme, which includes a commitment to achieve net-zero across the...
John Lewis to recruit 7,000 temporary staff for Christmas
John Lewis and Waitrose are set to launch a bumper hiring spree, with 7000 temporary Christmas jobs on offer. John Lewis and Waitrose is set...
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...
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...