Page 2 - Apparel

Japanese apparel retailer Uniqlo forays into Indian online market

Japanese global apparel retailer UNIQLO on Tuesday said it has forayed into the Indian online market

KPR Mill extends gains into sixth day, rallies 17% in one week

As per media reports, the US has imposed restrictions on the import of certain products such as cotton and apparels from the Xinjiang Autonomous Region in China

Rossari Biotech IPO subscribed 79.4 times, generates bids worth Rs 27K cr

Rossari is the first IPO to hit the domestic markets since a national lockdown was declared in early-March.

Apparel retailers to post operating losses in Q1FY21 as revenues plunge 80%

Cost cutting efforts unlikely to offset sharp revenue fall

Coronavirus outbreak: Apparel enquiries diverted from China to India

The flip side is exporters saying they are not in a position to convert such enquiries into orders, being unable to match the competition's price

Branded apparel makers post higher Q2 profit on weaker raw material price

Many branded apparel players started with discounts and other promotional offers ahead of the Dussehra and Diwali consumer demand

Apparel sales may remain subdued this festive season amid economic slowdown

Consumer sentiment picks up, but average ticket purchase size reduces

Odisha offers land for 'Jockey' garments unit in outreach to textile sector

Move follows offers made to Aditya Birla Fashion & Retail Ltd and Shahi Exports; study says state is emerging as a top destination for apparels in the country

Branded apparel sales up 5-10% in April-June qtr on aspirational demand

Unbranded wear lags despite low price point; industry calls for standardisation, as has been achieved in auto sector

Branded apparel makers post steady profit growth in December quarter

There are generally three major channels through which branded apparel is sold in the country - well-established distribution networks, company owned or franchisee stores and large format stores

Apparel exports to cross $30 billion mark in next 3 years: AEPC

Currently, the country's apparel exports stood at around $17 billion annually

Apparel makers advance end-of-season sales

Leading textiles manufacturers plan to recover over half of their business in the next six weeks by advancing end-of-season sales

Indian apparel sector aims to increase global market share

To grab the market share vacated by Chinese apparel manufacturers, India's Clothing Manufacturers' Association of India (CMAI) has signed a memorandum of understanding with China Chamber of Commerce for Import and Export of Textiles (CCCT) to explore potential areas of mutual co-operation for increasing apparel exports from India.India's apparel export stood at $17 billion for the financial year 2015-16. With Rs 5000 crore package approved to boost the entire apparel sector, the government has set a target for apparel exports at $20 billion as against the industry's pre-package target of $18.75 billion for the current financial year. The textile ministry has also asked the apex industry body the Apparel Exports Promotion Council (AEPC) to create 1 million jobs and achieve $30 billion in three years.The MoU between India and China assumes significance especially in terms of the latter's reducing focus on labour- and energy - intensive industries to which textiles remain in the ...

New policy to help apparel exports to grow 20%

Textiles Ministry has set a target of $20 bn for current financial year as against actual apparel exports of $17 bn in 2015-16