Target CEO: Hiking prices will be “the last resort”

Target CEO: Hiking prices will be “the last resort”

May 24, 2025

By Jennifer Marks  Editor in Chief 22nd May, 2025. Minneapolis: Target‘s merchant team is weighing a range of scenarios as it faces “massive potential costs” from President Trump’s tariff hikes. During yesterday’s investor call to review...Read More

Winsome Yarns Faces Intense Selling Pressure Amidst Significant Price Declines

Winsome Yarns Faces Intense Selling Pressure Amidst Significant Price Declines

May 23, 2025

-Winsome Yarns Ltd is experiencing notable selling pressure, continuing a trend of losses in the Garments & Apparels sector. -Despite a recent increase, the stock has significantly declined over the past year, contrasting with the broader market's performance. -Mixed signals are evident...Read More

Textile stock crashes 7% after promoters likely to sell 3.2% stake worth ₹1,196 Cr

Textile stock crashes 7% after promoters likely to sell 3.2% stake worth ₹1,196 Cr

May 23, 2025

By Siddesh S Raskar Trade Brains 21st May, 2025 4:50 pm Shares of a leading textile company fell sharply by 7 percent after reports surfaced that its promoters are likely to sell a 3.2 percent stake to raise around Rs.1,196 crores. The planned stake sale has triggered concerns among...Read More

Arvind Fashions Ltd reports Q4 net loss of Rs 93 crore

Arvind Fashions Ltd reports Q4 net loss of Rs 93 crore

May 23, 2025

Arvind Fashions Ltd (AFL) reported a consolidated net loss of Rs 93 crore ($10.9 million) for the March 2025 quarter, as against a net profit of Rs 24 crore in the same period last year. By Maverick Martins 20th May, 2025. The company’s revenue for the quarter rose by 9 percent to Rs...Read More

Restrictions On Bangladesh RMG Imports To Empower Indian Manufacturers: CITI

Restrictions On Bangladesh RMG Imports To Empower Indian Manufacturers: CITI

May 20, 2025

By OMMCOM NEWS 18th May, 2025 in Business New Delhi: The move by the government to restrict all type of readymade garments (RMG) from Bangladesh through land ports is going to increase cost of imports of Bangladesh garments and create new opportunities for domestic RMG manufacturers, the...Read More

FTA likely to double India’s apparel, textile exports to UK: Report

FTA likely to double India’s apparel, textile exports to UK: Report

May 20, 2025

The current growth of 14.43 per cent in apparel exports seems to be mainly driven by increased shipments to the United States, following the announcement of reciprocal tariff measures by the US administration. By DD News 19th May 2025 | 12:46 pm India’s apparel and home textiles...Read More

J.C. Penney swings to a loss

J.C. Penney swings to a loss

May 19, 2025

Last year’s sales declines and steep net loss put the retailer at the bottom of the struggling department store sector. 12th May, 2025 Daphne Howland Senior Reporter, Dive Brief Listen to the article here Reading time: 3 minutes Dive Brief: -J.C. Penney’s Q4 total net...Read More

India's curbs on Bangladesh land port imports to boost domestic textile sector by ₹1,000 crore: Report

India's curbs on Bangladesh land port imports to boost domestic textile sector by ₹1,000 crore: Report

May 19, 2025

SUMMARY India has restricted imports of ready-made garments from Bangladesh through land ports, allowing entry only via Kolkata and Nhava Sheva seaports. By Upstox News Desk Reading time: 3 min  Updated on 19th May, 2025, 12:11 IST India’s decision to restrict imports of...Read More

Egypt's Oriental Weavers launches new polyester yarn dyeing unit

Egypt's Oriental Weavers launches new polyester yarn dyeing unit

May 17, 2025

Designed to meet approximately 25% of the company’s polyester yarn needs, it has a daily production capacity of up to 4.75 tons By Staff Writer, Arab Finance 16th May, 2025. Egypt - Oriental Weavers has launched a new polyester yarn dyeing unit at Oriental Weavers International, in...Read More

RSWM Limited reports 18.9% revenue increase in FY25

RSWM Limited reports 18.9% revenue increase in FY25

May 16, 2025

By Isabelle Crossley 15th May, 2025. RSWM Limited, one of India’s largest producers of blended spun yarns, denim, knitted fabrics, value-added synthetics, and green polyester fibres, has reported an 18.9% year-on-year rise in revenue for the 2025 financial year, fuelled by demand...Read More

Copyrights © 2025 GLOBAL TEXTILE SOURCE. All rights reserved.