apparel
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Superdry CEO Julian Dunkerton weighs takeover options as struggling retailer seeks recovery
Superdry, the embattled British fashion retailer, disclosed on Friday that its CEO and major shareholder, Julian Dunkerton, is contemplating various options, including making a...
Gokaldas to acquire Matrix Design in INR 489 Crore deal, marking strategic entry into knitwear market
Gokaldas Exports, a leading apparel manufacturer based in Bengaluru, has recently inked a deal with Gurugram's Matrix Clothing. The agreement entails Gokaldas Exports acquiring...
Raymond Group’s Q3 profits surge, nearly doubling to INR 185 Crore amidst strong segment performances
Raymond, a diversified group, reported a nearly twofold increase in its consolidated net profit for the December quarter of Financial Year 2024, reaching INR...
Budget 2024: Govt approves extension of export incentive scheme for apparel and garments till March 2026
The government on Thursday approved the extension of the RoSCTL (Rebate of State and Central Taxes and Levies) scheme for apparel, garments, and made-ups,...
Shilpa Shetty dives into kids fashion industry with Zip Zap Zoop, aiming to revolutionize the industry with sustainable practices and diverse offerings
Actress Shilpa Shetty Kundra has collaborated with fashion consultant Ashmika Sadh to establish a new venture, marking her entry into the children's clothing industry.The...
Smart clothing brand TURMS makes waves on Shark Tank India Season 3, secures INR 1.2 Crore investment for innovative apparel line
TURMS, the smart clothing brand, has recently secured INR 1.2 crore from Azhar Iqubal, the CEO of Inshorts, marking a significant milestone in the...
Meesho fastest growing e-commerce player; GMV tops $5 Billion: Alliance Bernstein Report
According to a recent report by Alliance Bernstein, the current Gross Merchandise Value (GMV) of Meesho, a value-driven e-commerce startup, is over USD 5...
Apparel exporters lobby for tax incentives and GST uniformity in budget 2024 to stimulate domestic manufacturing
Apparel exporters body AEPC, on Wednesday, called for essential tax incentives, emphasizing uniformity in GST and enhanced interest subsidies to invigorate domestic manufacturing and...
US retailer Target grapples with shipment disruptions from India and Pakistan amid Red Sea crisis
Target, a major U.S. retailer, is facing shipment disruptions from India and Pakistan, significant regions for apparel manufacturing. The source, familiar with the situation,...
Clothing brand UNIREC secures INR 1.5 Crore in seed funding led by BeyondSeed
UNIREC, the clothing brand, has successfully raised INR 1.5 crore (approximately $1.9 lakh) in a seed funding round from BeyondSeed, as announced in a...
Global apparel and fast fashion giants buck trend with 40-60% sales surge among young consumers in FY23
Leading global apparel and fast fashion brands seem to have resonated strongly with the younger demographic, achieving sales growth ranging from 40% to 60%...
Apparel retail sector is likely to face another quarter of slowdown: ICICI Securities Report
Apparel retail sector is anticipated to undergo another quarter of slowdown, with the majority of establishments reporting flat to low single-digit growth in same-store...