Textile Sector has Potential to Cross $500 billion by 2025
The country’s textile industry, which is currently estimated at 108 billion US dollar, has potential to cross 500 billion US dollar mark by 2025 if the sector gets adequate supportContinue Reading
Retailers to Sell Woolmark Prize Winning Lines
The Australian-based international wool textile organization The Woolmark Company has joined hands with several international luxury fashion destinations to sell the next year’s Woolmark Prize winning collections from August 15.Continue Reading
Mandhana Demerges Retail Business
Textiles and apparel manufacturer Mandhana Industries today announced that it is in the process of demerging its retail business into an independent entity called ‘Mandhana Retail Ventures’. The company wouldContinue Reading
Woodland to Develop Online Space
Following the phenomenal growth in the Indian ecommerce space, footwear and apparel retailer, Woodland is unveiling new designs and collections that would be exclusively available online Mr. Harkirat Singh, managingContinue Reading
Tommy Hilfiger’s Profit up 66%
American fashion brand Tommy Hilfiger’s joint venture with Arvind has reported a 24% rise in sales and 66% jump in profits last fiscal due to strong retail and wholesale sales.Continue Reading
Puma Q3 Net Income Plummets 45%
Net earnings of German sports footwear and apparel marketer, Puma plummeted 45 per cent in its third quarter ended September 30, from a year earlier quarter. Puma said its netContinue Reading
More Duty on Chinese Fabric Demanded
The Federation of Indian Art Silk Weaving Industry (FIASWI) has expressed concern over the huge increase in import of man-made fabric (MMF) in 2013-14 from China, Taiwan and South Korea.Continue Reading
