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GARMENT SHOP
Asia's vendors grapple with rising costs of ever-present plasticsRising plastic costs: Asian food vendors are struggling with soaring plastic costs, a direct consequence of the Middle East energy crisis. ...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsFrom a macro perspective, it is clearly a good time to be bullish. But as valuations remain high in parts of the market despite the recent ...
China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
Too hot to handle: Heatwave in North India slows textile, rice supply chainsNorthern India's blistering heatwaves are wreaking havoc on vital industries, significantly hampering the trade of Basmati rice and textile...
Kesaria Textile Company takes global leap with launch in KathmanduRitesh Modi-led textile company opens its first international wholesale franchise, connecting Nepal’s apparel trade with Surat’s manufactur...
Jingle bell blues: Christmas orders from US, Europe drop 10-15% as West Asia crisis bitesChristmas goods orders from key markets like the US and Europe have seen a 10-15% dip this year. Global economic uncertainties, rising raw ...
Experts flag data spills as house-help platforms bring physical AI homeRecent data-gathering pilots by on-demand service platforms Pronto and Snabbit have drawn a spotlight on India’s emerging physical AI ecosy...
India's job engine strains as Iran war hits remittances and tradeThe Middle East conflict is impacting India's economy by forcing migrant workers home and reducing demand for manufactured exports. This do...
7,400 stores, $147 billion fortune, zero interviews; meet the most powerful man in fashion you never seeAmancio Ortega built the Zara empire from a small clothing job in Spain to a global retail business worth billions. Today, Inditex operates...
West Asia war: Punjab industry hit by labour shortage, rising costsThe ongoing turmoil in West Asia is sending ripples through Punjab's industrial landscape. Manufacturers of textiles, bicycles, and automot...
Delhi: Woman, son allegedly killed by domestic help in Lajpat NagarIn Delhi's Lajpat Nagar, Ruchika and her son were found murdered. Police suspect their domestic help, Mukesh, is the culprit. Kuldeep Sewan...
European apparel brands reduce garment offtake from Tirupur, NoidaAs all the big global brands have closed shutters in Russia, the order flow from Europe has dwindled. Tirupur exporters fear that in FY23 e...
Garment exporters worried about fall in global ordersH&M has suspended operations in Russia, while Spain's second-largest fashion retailer Mango has also temporarily closed its 120 shops in Ru...
Industry body asks Karnataka govt to allow shops to open till 2 pm during lockdownFKCCI has asked the government to ply a limited number of buses during the day to help industry workers to commute. “We appreciate that you...
Visit outlets only on tax evasion information: CBEC to officialsThe CBEC said this while clarifying on scope of levy of excise duty on branded readymade garments having a retail sale price of Rs 1,000 or...
With 30% slump in sales, its not business as usual this 'Eid'However, according to city traders, business was not as usual this year as rising prices of essential commodities have dampened 'Eid' shopp...
Online shopping hit sales in shops in MizoramWith shopping at the click of a mouse, sales were hit in shops here during Christmas last year in this Christian dominated state in the Nor...
- Budget 2013: Removal of excise duty to help garment industry grow by 15%, says CMAI
"We expect Indian garment industry to grow by 12-15 per cent per annum due to abolition of 12 per cent excise duty in the Union Budget," CM...
- FDI in India: Garment makers divided over FDI in multi-brand retail
Punjab-based garment makers have welcomed the Centre's move to allow FDI in multi-brand retail and see it as an "opportunity", while manufa...