Currently 6% of the total global sourcing is coming from India, which can move up to 15% in a year. By Isabelle Crossley 27th May, 2025. Sports apparel and equipment retail business Decathlon aims to double its sourcing from India following the upcoming finalisation of the free trade...Read More
New Age Staff Correspondent 25th May, 2025, 22:59 Textile and garment industry owners said that due to the inadequate supply of gas, the normal manufacturing activities is being hampered in the industry. Moreover, a number of textile mills are on the verge of shutting down as they are...Read More
By Isabelle Crossley 22nd May, 2025. Reading time: 2 minutes E-commerce marketplace Flipkart has reported strong performance in its women’s ethnic wear segment, with around 90% of sales driven by repeat customers. The platform recorded over six million unique ethnic wear shoppers in...Read More
By Daily News Egypt Last updated: May 24, 2025 8:45 pm Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, toured key industrial sites in Minya, highlighting Egypt’s ongoing push to localize manufacturing and expand infrastructure in...Read More
By Isabelle Crossley 23rd May, 2025. Textile manufacturer Trident Ltd has reported a 126.1% year-on-year increase in net profit for the fourth quarter of the 2025 financial year, reaching Rs 133.42 crore (US $15.57 million), compared to Rs 59.01 crore in the same period last year. The...Read More
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 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
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 (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
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
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