India needs to catch up in MMF apparel products to grow in US markets, according to the Indian Texpreneurs Federation (ITF). For that, the government needs to bring GST duty rationalisation immediately for MMF fibre & value chain. This will help the country’s textiles sector to focus more on MMF and blended products and reach … Read More →
The Japanese global apparel retailer UNIQLO launched its debut store in India on Friday at Ambience Mall, Vasant Kunj in New Delhi. With this, the retailer is now present in 24 countries. The company’s founder and chairman Tadashi Yanai was in Delhi for the launch. The brand is a subsidiary company of the Fast Retailing … Read More →
According to a recent report by Transparency Market Research (TMR), the vendors of the global luxury apparels market may witness remarkable growth opportunities owing to the presence of a number of companies in the market worldwide. The competitive landscape of the market is seen to be fragmented because various companies offer numerous growth opportunities whether … Read More →
The uncertainty over the future of the American apparel industry intensified after the trade war erupted. Since most clothing retailers depend on Chinese imports to source their materials, the latest round of tariff is bound to impact their businesses negatively. Meanwhile, the reports of a possible trade truce between the US and China have brought … Read More →
India’s media industry, which is going through a sluggish Q2 because of shrinking revenues, may have a reason to smile as the country’s top fashion and apparel brands have lined up major ad campaigns to attract consumers during the festive season. Advertising from sectors such as auto, FMCG, e-commerce, real estate among other categories had … Read More →
Surat-based innerwear maker XYXX Apparels Pvt. Ltd has raised its pre-Series A round of funding from its existing institutional backer, the company’s chief executive told VCCircle. The company has secured Rs 6 crore ($832,000) from early-stage venture capital fund Sauce.vc, said Yogesh Kabra. This takes the total capital it has raised so far to Rs … Read More →
Global Luxury Apparels Market was valued US$ 1.56 Bn in 2017 and is expected to reach US$ 2.63 Bn by 2026, at a CAGR of 6.75% during a forecast period. The luxury apparels market is segmented into material type, gender, mode of sale, and region. In terms of material type, global luxury apparels market is classified … Read More →