Amidst a backdrop of a weak economic scenario, Japanese apparel company Daidoh Limited witnessed a slight dip in its sales performance in H1 FY 2013-14. The company, which is mainly engaged in the manufacture and sales of yarns, woolen ...
Tags: apparel, Daidoh Limited
Britian's biggest clothing retailer, Marks & Spencer (M&S) is losing market share to smaller rivals such as Primark as austerity pushes hard-pressed Britons towards trendy budget fashion. M&S, the 129-year old brand, is in a stiff battle ...
Tags: Apparel, Accessories
In most of the leading apparel-exporting countries, the wages for garment workers have stagnated or declined over the past decade, says a latest report. Among the top four apparel exporters to the United States, prevailing wages in ...
Tags: Garment Workers, Wages
The dollar continued to test fresh 11-month lows, extending a week-long decline built on rising concerns about the outlook for the resources-rich economy and renewed strength in the US dollar. Late today, the Aussie was trading at ...
Tags: Dollar Down, Service, Economic Outlook
While retail sales were up in April, the growth rate was less than impressive based on data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that April retail sales at ...
Tags: Processing Machinery, Commerce, NRF
The sudden fall in gold prices recently has proved to be a boon to the jewellers as consumers pan India went on buying spree and as a result jewellery sales saw a huge increase of 40 to 50%, as we normally see during Akshay Tritiya and Dhan ...
Tags: Apparel, Jewellery Industry, Accessories
After the unions and employers failed to reach an agreement for yet another time, unions like CCOO and UGT have announced their decision to protest across Spain. The wage agreement between employers and employees of the Spanish textile ...
The zero excise duty on cotton textiles at fibre, yarn, fabric and garment stages announced in the Union Budget 2013-14 will help reduce prices of end products, according to India Ratings & Research (IRR), a Fitch Group Company. The ...
Tags: cotton textiles, fibre, yarn, fabric, garment stages
India Ratings’ outlook for cotton textiles remains negative to stable for 2013 on account of subdued demand, although margins are expected to benefit from softening raw material prices. The outlook for synthetic textiles remains ...
Tags: cotton textile, cotton, textiles, cotton prices
The so called ‘unfavorable policies’ of the Indian government and persistent ‘ill-health’ of the US economy have started showing the signs which may not be welcomed by Indian jewellery industry. Thomson Reuters GFMS ...
Tags: Tough Time, India, Jewellery Traders
South African retailer Massmart Holdings said its growth remained "steady" in the 20 weeks to 11 November but warned on margins for the second half. Notwithstanding "political uncertainty, both nationally and globally", South African ...
Tags: Massmart Holdings, growth, margin, food product
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
Despite a steady rise in retail spending, Australian retailers are still feeling the effects of low levels of consumer sentiment, driven by economic uncertainty and low job security. Retail sales growth over the past six months has been ...
Tags: retailers, economy, sales growth, investment spending