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Saturday, 3 October 2020

77 factories of Tamil Nadu to get skill benefit from World Bank’s project

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Around 77 apparel manufacturing units in Tamil Nadu will benefit from a World Bank-funded skilling project ‘Skills Strengthening for Industrial Value Enhancement (STRIVE)’ as Apparel Training and Design Centre (ATDC), the training wing of Apparel Export Promotion Council (AEPC), has ..

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Saturday, 26 September 2020

Industry disagrees with AEPC’s target of 40% growth in apparel exports

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Apparel Export Promotion Council (AEPC) recently created a flurry of disbelief with its announcement that the apparel exports from the country will expand by about 40 per cent this fiscal. In an official statement, the Council declared, “AEPC is working with a target to achieve a 40 per ce..

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Friday, 4 September 2020

Apparel exports to register 40% expansion this fiscal!

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Despite plenty of internal and external challenges, Apparel Export Promotion Council (AEPC) believes that apparel exports from the country will expand by about 40 per cent this fiscal. Addressing the apparel exporters (members of AEPC) at 41st Annual General Meeting (AGM) of the Council, Dr...

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Monday, 31 August 2020

Interesting observation of Niti Aayog’s Export Preparedness Index!

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The NITI (National Institution for Transforming India) Aayog has come up with Export Preparedness Index 2020 and it has some interesting observations about various states’ apparel and textile industry. The report also presents an assessment of export potential and performance of states..

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Saturday, 22 August 2020

How COVID-19 is impacting apparel industry’s events worldwide

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As the world reels under the effect of the coronavirus pandemic that is shutting down entire economies in its wake, the apparel and fashion world is forced to respond rapidly and effectively to deter exacerbating the spread of COVID-19. The domino effect that started with Wuhan in China has cata..

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Friday, 21 August 2020

India’s RMG export sinks 22.10% (Y-o-Y) in July ’20; monthly growth is there

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Continuing the dismal performance, India’s RMG exports plunged 22.10 per cent in July ’20 to clock US $ 1.06 billion as against US $ 1.36 billion in the same month of 2019. However, the recently released data by DGCI&S says that fall noted in rupee terms was 15.09 per cent an..

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Friday, 14 August 2020

Aditya Birla Fashion and Retail posts net loss of Rs. 410 crore in Q1

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India’s largest manufacturing and retail branded fashion apparel firm and a part of Aditya Birla Group, Aditya Birla Fashion and Retail Limited (ABFRL) on Thursday reported a consolidated net loss of Rs. 410 crore for quarter ended June. The company had registered a net profit of Rs. 2..

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Thursday, 13 August 2020

Prime Day 2020 proved to be biggest 2-days ever for Small and Medium Businesses (SMBs)

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Even as the COVID-19 is dampening the spirits of the retail businesses all over, Amazon’s annual Prime Day gave joy to Small and Medium Businesses (SMBs) and Prime members as it became the best 48-hours sale for SMB sellers. The Prime Day sale had the highest ever SMB participation wit..

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Wednesday, 12 August 2020

PPE export limit! Minister of MSME assures help

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Nitin Gadkari, Minister of MSME and Road Transport and Highways, has assured the industry to help exporters regarding allowing the export of personal protective equipment (PPE). Currently there’s quota limit regarding the export of PPE. “We are all with you regarding the expo..

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Monday, 10 August 2020

Amazon, DMart leading brands in customer experience: Survey

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In a recently released Kantar CX+ 2020 report – based on customer experience scores, both the leading e-commerce marketplace Amazon and Avenue Supermarts-owned DMart have secured the top slot. The report was released on Thursday (6 August). While Amazon has grabbed the coveted spot..

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Friday, 7 August 2020

Indian Terrain Fashions has expansion plans in Tier-2 & Tier-3 cities

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A leading menswear brand in India catering to the needs of the cosmopolitan and mature man, Indian Terrain Fashions Limited is planning to expand its retail footprint in Tier-2 and Tier-3 cities in the country. Having made a strong presence for themselves in the Indian market for 20 years no..

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Thursday, 6 August 2020

135 workers of Himatsingka Linens tested COVID-19 positive!

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The deadly pandemic has been directly impacting some Indian factories. Recently, owing to the same, around 6 units in Baddi (Himachal Pradesh) were closed for around 3 weeks, and now more than 100 workers of a single home furnishing manufacturing unit have been confirmed COVID-19 positive at..

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Tuesday, 28 July 2020

NIFTA brings together experts for ‘Risk and Debt Management for Apparel Suppliers’

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The Association of NIFT Alumni (NIFTA) Leadership Series of Webinar yesterday discussed various aspects of ‘Risk and Debt Management for Apparel Suppliers.’ Bryan Friedman, Shareholder of FSG Lawyers, US; Chair, Corporate and Business Practice Group; Ravindra Mishra, DGM, SBI-(SM..

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Monday, 27 July 2020

House of Masaba shifts Hyderabad flagship store to Banjara Hills

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India’s popular fashion and lifestyle brand House of Masaba by celebrated designer Masaba Gupta has shifted its Hyderabad flagship store to the city’s Banjara Hills. “Hyderabad, we have a new address!” the brand announced on its Facebook page. Earlier, House of Ma..

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