The struggling retail chain will pull back from its print catalog to put more focus on its digital presence. The J. Crew Style Guide will have fewer pages and be split into two publications for men’s and womenswear.
Textile industry has requested the GST council to lower the service tax on job work related to made-ups and garment sector to 5 percent as it feels the 18 per cent tax would escalate the prices of garments.
Knitwear apparel exporters from the Tiruppur cluster are keen to develop and market wool-based products, considering the huge potential for them in the global market, according to The Woolmark Company.
The bidders for Oasis, Coast and Warehouse are reported to include Philip Day, Foschini, Alteri and Truwowrths, but they are believed to have offered less than half the £100m the trio's owners had wanted.
The silk factory at Rajbagh in Srinagar, the capital of Jammu & Kashmir, will receive Rs 23 crore by the World Bank for its revival and restoration. The factory was damaged due to the devastating floods of 2014.