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CHINA APPAREL MAKERS
US stocks: Lululemon sinks after new CEO hire from Nike fails to impress investorsLululemon Athletica shares tumbled about 12% in early trading on Thursday, as the struggling athletic apparel maker's decision to tap a CEO...- War hits Indian factories, but yarn makers spin export boom to ChinaIndian cotton yarn factories are increasing output to meet unprecedented demand from China. Disruptions from the Middle East war have impac...
- Rupee depreciation forces Indian firms to adopt Yuan payments, boost local sourcingIndian businesses are actively seeking ways to counter the weakening rupee. Companies are now making payments for Chinese imports in yuan, ...
- Clothing makers find it hard to break with China’s supply chainExperts say that China being so integral to the global apparel supply chain that even shifting countries doesn’t really reduce reliance tha...
- Price hikes help apparel market grow 15% in FY23While sales growth has breached pre-Covid levels, the segment could see demand recovery only during Diwali this year, according to the asso...
- Cotton rally squeezes Asian garment makers, threatens recovery from COVIDIn India, world's top cotton producer, several small apparel makers are struggling to fulfil orders from three months ago, when cotton pric...
- Retailers and apparel brands to stay away from sharp price hikesRetailers across apparel, lifestyle products, restaurants, and supermarkets are expected to post double-digit revenue growth year-on-year f...
- Retailers lose love for Asia: Snarled supply chains force manufacturing exodus to Balkans, LatAmBulgaria, Ukraine, Morocco and Turkey were some of the countries drawing new interest from clothing and shoe producers, though China contin...
- Premium goods drive global cos to recovery in Q4The Economic Survey released on Friday said India’s GDP will decline 7.7% in the current fiscal but projected 11% growth in FY22 on the bac...
- India to soon airlift critical machines from China for making protective coverallsCoveralls, or body suits, are glued at the seams using a special tape and a sealing machine to prevent contaminants from getting in. One se...
- RIL ties up with VF for moisture control WranglerBillionaire Mukesh Ambani-led Reliance Industries has launched an umbrella brand `R|Elan' to venture into co-branded apparels, and the tie-...
- Japan to help India with fashion trendsIndian apparel makers are seeking the help of Japanese designers to keep up with the fast-changing fashion trends in the land of the rising...
- California AG files lawsuit against Indian, Chinese apparel companiesThese companies did not pay licensing fees for software, manufactured by Adobe, Microsoft, Symantec and others, Harris, who is an Indian Am...
- Dalal Street makes a beeline for rising textile stocksShares of textile companies are finding more takers, as investors believe attractive valuations, weaker rupee and waning exports from China...
- Woodland in talks for first overseas acquisition; likely to induct strategic partnerWoodland is in talks with three different makers of mainly specialised functional footwear, apparel and accessories in South East Asia and ...
- China apparel makers must observe social trendsTogether with this new lifestyle, they have started experimenting with clothing to suit each occasion, and through this, the demand is grow...
- Pantaloons, Globus, Turtle and other retailers eye Bangladesh to cut costsWhile Pantaloons and Globus are looking at sourcing textile from Bangladesh, Turtle is looking at setting up factories.
- Surging cotton prices to make garments costlierA doubling of cotton prices since February 1 may mean more expensive clothes, sheets and towels as textile mills including Arvind Ltd and r...
- Starbucks-Pepsi ally in launching bottled coffee in ChinaStarbucks has come a long way in making itself a household name in this nation of tea drinkers creating a "coffee house" niche where none e...
- Rise in rupee, sluggish sales take toll on apparel exports to USSluggish apparel sales in the US, rupee appreciation and a general decline in Indian textile industry’s competitiveness has led to a slowdo...
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