India-EFTA TEPA Implementation Gets Push
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Juicy Couture Opens New Hyderabad Store

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Juicy Couture Opens New Hyderabad Store

Juicy Couture Opens New Hyderabad Store To Boost India Expansion

Juicy Couture, the iconic global lifestyle brand known for its

  • May 11, 2026
Narendra Modi Inaugurates PM MITRA Park

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Prime Minister Narendra Modi inaugurated the PM MITRA Park at

  • May 11, 2026
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'Modern Indian Women Must Own Handloom': Anita Dongre

‘Modern Indian Women Must Own Handloom’: Anita Dongre

Indian fashion designer Anita Dongre said modern Indian women should have handloom fabrics in their...

  • August 11, 2016
Online Portal To Sell Women's Handicrafts & Artworks

Online Portal To Sell Women’s Handicrafts & Artworks

Bihar Mahila Udyog Sangh is set to launch its e-commerce online portal, gramshree.com, to market...

  • August 10, 2016
'Handloom Sector Important For Women Empowerment': PM Modi

‘Handloom Sector Important For Women Empowerment’ – PM Modi

Prime Minister Narendra Modi said on the occasion of second National Handloom Day on August...

  • August 8, 2016
Future Lifestyle Fashion Q1 Net Jumps 42.3 % To Rs.3.53 Cr

Future Lifestyle Fashion Q1 Net Jumps 42.3 % To Rs.3.53 Cr

A part of Kishore Biyani-led Future Group, Future Lifestyle Fashion Ltd (FLFL) reported 42.3 per...

  • August 8, 2016
CCI Starts Selling Unsold Stock By Online Auction

CCI Starts Selling Unsold Stock By Online Auction

The recent spurt in cotton prices has resulted in higher input costs for the spinning...

  • August 5, 2016
RS Clears GST Statute Bill

RS Clears GST Statute Bill

With the Rajya Sabha yesterday voting to approve the constitutional amendment that will help usher...

  • August 4, 2016
Chinese Company To Invest In Textile Park

Chinese Company To Invest In Textile Park

A Chinese company has shown interest and is considering investing Rs 600 crore in the...

  • August 4, 2016
Duty Rates Of Cotton And MMF To Be Erased

Duty Rates Of Cotton And MMF To Be Erased

The man-made textile segment long neglected by policy makers, finally expects a “level-playing field” vis-a-vis...

  • August 4, 2016
DRY INSIDE Technology For Cotton Apparel

DRY INSIDE Technology For Cotton Apparel

Nanotex, a Crypton company, has announced Nanotex DRY INSIDE technology for cotton apparel. This patented...

  • August 4, 2016
Profit Climbs 11.8% At Suryalakshmi Cotton

Profit Climbs 11.8% At Suryalakshmi Cotton

Net profit at Suryalakshmi Cotton climbed 11.8 per cent year over year to Rs 7.75...

  • August 4, 2016
Shoppers Stop's Net Loss Falls Sharply

Shoppers Stop’s Net Loss Falls Sharply

Multi format retailer Shoppers Stop’s standalone net loss fell sharply by 37.33 per cent from...

  • August 3, 2016
Global sports brand Adidas India has received the government's approval to bring in foreign direct investment (FDI) in retail through its existing wholesale entity, and won't have to set up a separate retail company for the purpose. The company plans to open 30 to 50 stores in large cities by 2020, and will file another FDI application by this month for Reebok to set up its company stores. Adidas Group's managing director for Indian operations Dave Thomas said as per the approval received last week, the existing Adidas wholesale entity can set up its own retail stores and also start its ecommerce venture. "The company-owned stores will come up from the middle of next year, with the first few in Delhi where we will have 3 to 4 outlets across formats -the premium HomeCourt and Adidas Originals Neighbourhood and one factory outlet," he said. The group first received the FDI approval for Adidas stores last October which required the company to set up a separate entity for its own retail and ecommerce since the existing entity was into cash-and-carry wholesale trading. However, the government subsequently revised the norms in November allowing manufacturers to sell their products through wholesale, retail and ecommerce channels for the first time. Adidas, which locally manufactures more than 70 per cent of what it sells in India, subsequently reapplied earlier this year. Thomas said that next in line will be retail FDI application for the Reebok brand which the group plans to file by August. The application will seek permission for both brick-and-mortar stores and ecommerce venture.

Adidas Receives Approval For FDI In Retail

Global sports brand Adidas India has received the government’s approval to bring in foreign direct...

  • August 2, 2016