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AdidasGroup
Apparel Brands and Companies Retail News

Goculdas New Brand Director of Adidas

Adidas, the German multinational corporation that designs and manufactures clothing and accessories, and sports shoes, has appointed Mr. Tushar Goculdas as brand director-Adidas Emerging Markets. Mr. Goculdas, who is presently brand director Adidas India, will take over the new assignment from March 1, 2015. In his new role, Mr. Goculdas will be responsible for strengthening […]

Apparel and Textile News Apparel Brands and Companies

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. The Woolmark Prize ceremony, which recognizes menswear design excellence using Australia’s natural fiber, is scheduled to be held on January 9, 2015 in London. The […]

Apparel and Textile News Apparel Brands and Companies Retail News

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 would file a demerger scheme with the stock exchanges and the High Court, it said in a statement, adding that after the demerger, which is subject […]

Apparel Brands and Companies

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 net income plunged to €29 million in the third quarter of 2014 from €53 million in the prior year quarter. As a result, earnings per share […]

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Apparel and Textile News Events and Exhibitions News

GarKnit X 2014 Begins In Kolkata From Tomorrow

Garknit X 2014 Like every year, the GarKnit X 12th’, a major international trade show on apparel, knitting, leather and jute technology begins at Milan Mela ground near Kolkata from tomorrow. Organized by ‘Vardaan Events Pvt. Ltd.’ the three-day fair will see a massive display of mainly garment related machinery by both international and domestic brands. […]

Lee 101 Series
Apparel and Textile News Apparel Brands and Companies

Lee re-launch Iconic 101 Series

To mark its 125th anniversary, the international denim brand Lee has re-launched its iconic design 101, which was first introduced in 1924, with a contemporary twist in India. Available in all exclusive Lee outlets, large format stores and e-commerce channels across the country, the re-mastered version dubbed as 101+ is made from high grade selvage […]

Apparel and Textile News

Impressive Score by Big Brands on Apparel Index by CMAI

‘Big Brands’ scored an impressive growth of 9.98 points, in CMAI’s Apparel Index for the July to September 2014 quarter, while ‘Small Brands’ reached a meagre 4.24 points. “In fact, small brands low growth impacted the Overall Index Value, which recorded an average 7.96 points growth,” CMAI said. High inventories emerged the biggest barrier to […]

Apparel and Textile News

EBITDA of Aditya Birla Nuvo soars 52%

Revenue and EBITDA surged 17 and 52 per cent, respectively from a year ago quarter at the fashion and lifestyle business of Kumar Mangalam Birla led, Aditya Nuvo, in the second fiscal quarter ended September, 30, 2014. Led by revenue growth and margin expansion across all the three formats – Madura, Pantaloons and Jaya Shree […]

Apparel and Textile News

Caparo Group Plans to Set up Plant in India

Acting on Prime Minister Narendra Modi’s ‘Make in India’ campaign, Lord Swaraj Paul’s Caparo group plans to set up a manufacturing facility in India to produce its range of luxury mattresses by end of next fiscal. “We plan to set up a manufacturing facility for mattresses in Bawal in Haryana by end of year 2015. […]

Apparel and Textile News

GAP Announces Quarterly Dividend

NYSE-listed and clothing retailer, Gap Inc has approved a quarterly dividend of $0.22 per common share for holders of the company’s common shares. The dividend will be paid on or after January 28, 2015 to shareholders of record at the close of business on January 7, 2015. For the third quarter of fiscal year 2014, […]

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