The governor of the state of Jammu & Kashmir (J&K), NN Vohra has requested the Centre to hike customs duty on raw silk imports to 30 per cent. “The governor approached the minister of state for textiles, Santosh Kumar Gangwar to ...
Despite a delayed 2014 winter, sales in the third fiscal quarter ended December 31, 2014 at fashion apparel marketer Monte Carlo Fashions, surged 18.7 per cent from a year earlier quarter. Monte Carlo said revenues rose 18.7 per cent to ...
Tags: fashion apparel, apparel
Exports from Tirupur, known for knitwear manufacturing, has reached Rs 15,000 crore in the first nine months of the ongoing fiscal year 2014-15, A Sakthivel, president of Tirupur Exporters’ Association (TEA) said in a statement. ...
Gross retail turnover at specialty stores retailer, Shoppers Stop Ltd (SSL) lifted 7.23 per cent year on year in the third fiscal quarter ended December 31, 2014. SSL said its gross retail turnover stood at Rs. 844.77 crore for the ...
Tags: Shoppers Stop, Mothercare, Apparel
A Pakistani yarn merchants' body has demanded that the Pakistan government impose 15 per cent regulatory duty on cotton yarn imports from India on back of surge in imports. Addressing the media, senior office bearers at Pakistan Yarn ...
Tags: cotton yarn, raw materials, Textile
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved continuation of mandatory packaging of foodgrains and sugar in jute material to the minimum extent of 90 percent and 20 percent ...
Tags: foodgrains, sugar, Textile
Japanese auto maker Suzuki Motor laid foundation stone at its JPY60bn ($509m) vehicle manufacturing facility in Gujarat, India. The company is planning to set up three plants in the Indian state at an investment of Rs 80bn ($1.3bn). ...
Apparel brand Van Heusen plans to expand its exclusive brand outlet (EBO) count by 50 this year, which will take the store numbers to 300, a senior official of the company said. Vinay Bhopatkar, COO of Van Heusen told reporters, “We ...
Tags: ecommerce, standard discounts, Apparel
Improved margins drove profit before depreciation, interest and taxes (PBDIT) by 114 per cent year-on-year at Reliance Retail during the third fiscal quarter ending December 31, 2014. Reliance Retail said it posted its highest ever profit ...
Tags: LED Reliance Retail, stores, Apparel
Indian apparel exporter, ID Overseas has inked an exclusive licensing agreement with US based workwear brand Williamson-Dickie to explore the growing basic workwear market in the Indian sub continent. According to ID Overseas CEO Ravi ...
Tags: workwear brand, energy, healthcare, Apparel
Union textiles minister, Santosh Gangwar has urged the Odisha government to submit a proposal to set up a Textile Park. The minister said this while attending the National Workshop on Promotion of Handloom with Fashion being held in ...
Tags: employment opportunities, Textile
The procurement of cotton by the state run Cotton Corporation of India (CCI) has neared 5 billion bales of 170 kg each, during the ongoing season October 2014-September 2015, according to media reports. The CCI is actively purchasing ...
Apparel manufacturer and exporter, Pearl Global Industries Limited (PGIL) is undertaking capacity expansion in South India at a total investment of around Rs 17-20 crore, funded through internal accruals and a TUFS loan. PGIL plans to ...
In its pre-budget memorandum, the Tirupur Exporters’ Association (TEA) among many demands has asked for extension of rupee export credit at 3 per cent interest rate subvention, import of specialty fabric using export performance ...
Co-optex is well on its way to achieve its Pongal target of Rs 85 crore, having achieved remarkable sales in the last few days, in the state of Tamil Nadu and other states, the MD of Co-optex, TN Venkatesh said. According to Venkatesh, ...