Apparel industry is dependent on several inputs, which are not available domestically or have to be imported in accordance with buyers' requirements
Demand is expected to recover to pre-lockdown levels only during the October-December festive season, it added
Most units say there are no orders as retailers haven't resumed operations
It has requested the government to consider both wage subsidies and working capital support
With global oil prices dipping to record lows, petro exports to bring less revenue
From apparel to cigars, supply chain is a major cause for concern
The MoU was signed by ITand industries principal secretary Jayesh Ranjan and Shoppers Stop managing director and CEO Rajiv Suri
Many branded apparel players started with discounts and other promotional offers ahead of the Dussehra and Diwali consumer demand
Apparel exports to the largest market US showed a steep decline of 13 per cent in April-August 2019 as compared to that in April-August 2018
The average value of card transactions in the two affected segments dipped in the days leading to Diwali, according to the data released by transaction processing company, Worldline
Shift in consumers' preferences to value-based purchase and extension of 'end of season sale' compound retailers' woes
Consumer sentiment picks up, but average ticket purchase size reduces
Company's 2X60 MW-Kharagprasad power plant in Odisha is partly facing the problems
The flagship brand also plans to launch exclusive stores in international markets, with the first one coming up at Sharjah this November
Growing uncompetitiveness, lack of refunds and incentives post GST may push back exports from $17 billion
Credit rating agency Icra also expects India to report tepid growth of one per cent in dollar terms