Friday, November 22, 2024

apparel

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...

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...

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...

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