Arvind plans to outsource all of its textile production to other countries so that it can focus on manufacturing clothing. The business is working on new facilities in Ethiopia and will also expand its workforce.
India has set up a group of secretaries to be chaired by the secretary in the Department of Industrial Policy and Promotion (DIPP) to look into the issues raised on some proposals of the draft e-commerce policy.
The Enforcement Directorate has reminded Interpol of its request for a Red Corner Notice (RCN) to be issued against Mehul Choksi of Gitanjali Gems, as it pushes forward with the Punjab National Bank fraud case.
The Cotton Association of India (CAI) has retained its cotton crop estimate for the ongoing crop year 2017-18 at 365 lakh bales of 170 kg each, which is the same level as in its estimate made in the previous month.
A recent study conducted by Mintel has found that striking makeup styles are growing in popularity, challenging the dominance of more natural looks as social media pushes shifting trends and attitudes.
Amsterdam-based Fashion for Good has announced the names of the 12 startups that will join its Plug and Play Programme, a twelve-week course with mentorship by its corporate partners such as Kering and C&A.
The CEO of Launchmetrics discussed its acquisitions, its plans for the beauty industry and Asia, and how luxury brands struggle to come to grips with millennials, in conversation with FashionNetwork.com
While e-commerce and brick-and-mortar stores continue to co-exist in India, however, e-commerce has a definite edge over physical retail in India’s tier II and tier III cities, according to a recent report.
India’s apparel exports are likely to stay subdued in the near term, growing at a modest pace of 1-2 percent for the rest of this fiscal due to factors like transition to the GST regime and liquidity challenges.
A rapid depreciation of emerging market currencies, including the Indian rupee and the Indonesian rupiah, will affect Bangladesh’s competitiveness in garments exports to the United States and the European Union.