The Indian government which recently permitted 51 percent foreign direct investment (FDI) stake in multi-brand retail, while welcomed by the apparel brands and retailers, is being opposed by a few key political parties. Crisil ...
Tags: Indian government, job, FDI
With the acquisition of a majority stake in New York City based luxury lingerie retailer, Journelle, Inc., Triumph International, Bad Zurzach announces its first concrete step to enter the US Intimate Apparel market, hence paving the way ...
Tags: luxury lingerie, Triumph, Journelle, apparel market, apparel industry
PTI quoted Morgan Stanley as saying that India is expected to register a gradual recovery in the economic growth rate to 6.1% in 2013 driven by positive impact from policy actions and acceleration in farm output growth. The report said ...
Tags: Morgan Stanley, India, farm output growth
Inbrands S.A.,a publicly held company with no shares registered for trade,and The Tommy Hilfiger Group,which is wholly owned by PVH Corp.,announced that they have formed a joint venture,Tommy Hilfiger do Brasil S.A.,which will hold the ...
Tags: Inbrands, Tommy Hilfiger, joint venture, ASSA
The Government of India will soon approve the proposal of Swedish home furnishing retailer IKEA to invest Rs. 105 billion to set up single-brand retail outlets across the country. Speaking at the World Economic Forum on India in Gurgaon, ...
Tags: home furnishing, retailer, IKEA, invest, apparel retailer
The global retail giant Tesco has expressed concern over sourcing conditions of Indian Government for foreign trade investment(FDI)in multi-brand retail sector. Tesco said it is not an easy task for the foreign retailers to enter into the ...
Tags: Tesco, FDI, apparels, retail giant
Even as Indian apparel exporters are trying to expand in new markets with diversified products,the Apparel Export Promotion Council(AEPC)says it would not be easy for the sector to achieve the US$18 billion apparel export target set for the ...
Tags: AEPC, apparel export, new markets, EU
Even as Indian apparel exporters are trying to expand in new markets with diversified products,the Apparel Export Promotion Council(AEPC)says it would not be easy for the sector to achieve the US$18 billion apparel export target set for the ...
Tags: new markets, diversified products, AEPC
It would take American retail major Walmart Stores a month or two to work-out plans for launching multi-brand retail stores in India, President of Walmart-India Raj Jain said while speaking to reporters in Hyderabad. However, he ...
Tags: Walmart, multi-brand retail stores, investment, FDI, Indian Government
The southern Indian state of Karnataka would not allow foreign direct investment(FDI)in the state,Agriculture Marketing Minister SK Bellubbi told reporters. The Minister said the state government has decided to not to allow FDI in ...
Tags: Karnataka, FDI, SK Bellubbi, foreign investment
Business-to-consumer()ecommerce is not included in the Government of India's new policy to allow up to 51 percent foreign direct investment(FDI)in multi-brand retail trading. The notification issued by the Government makes it clear that ...
Tags: B2C, Ecommerce, FDI, multi-brand retail
The Government of India has issued a notification allowing global multi-brand retailers to open their outlets in India. The notification issued by the Department of Industrial Policy and Promotion(DIPP)said 51 percent foreign direct ...
Tags: outlets, multi-brand retailers, DIPP, FDI
Apparel Export Promotion Council (AEPC) is targeting the Russian Apparel Market through participating in one of the largest apparel fair of CIS (Commonwealth of Independent States) region ‘Fashion Industry International Fair’, ...
Tags: AEPC, FIIF, clothing industry, business organization
In a letter written to Shri Anand Sharma, the Union Commerce, Industry and Textiles Minister, Dr. A Sakthivel Chairman Apparel Export Promotion Council (AEPC), has requested Government to increase the share of domestic sourcing in FDI ...
Tags: textiles, garment, domestic sourcing, entire Textiles Industry
The government of India recently permitted 51% foreign direct investment (FDI) in multi-brand retail. However, when fibre2fashion spoke to a few leaders in the apparel and garment retail sector earlier, they admitted that the policy was not ...
Tags: FDI, foreign direct investment, multi-brand retail, PWC