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Textile sector outlook stable with downside risks: Ind-Ra

Last Updated: Tuesday, July 7, 2015, 17:55

The country's textile industry has a stable outlook for the current fiscal on account of robust domestic demand, lower input costs and competitiveness in apparel exports, says a report by India Ratings & Research (Ind-Ra).

Proyog products to be available on Myntra by August

Last Updated: Sunday, June 28, 2015, 17:32

The tie-up with Myntra will give a major boost for the sales of Proyog yoga wears across India, Banerjee said. "The number of eyeballs Myntra grab is humongous. Certainly it will give a big boost to us and our products across India ... And I see it happening."

H&M to set shop in India with Delhi store around September

Last Updated: Wednesday, June 3, 2015, 16:22

The 25,000 sq ft flagship store will be located at Select Citywalk in Saket and will offer fashion for women, men, teenagers and children, it said.

V-Mart Retail to open stores in West Bengal

Last Updated: Sunday, May 31, 2015, 10:54

"We are mainly fashion retailers, although there are about some 34 stores which also sell FMCG items. We have decided not include an FMCG items in upcoming stores", he said.

CCI rejects complaint against Bombay Dyeing, CREDAI

Last Updated: Friday, May 22, 2015, 17:24

After looking into the matter, the Competition Commission of India (CCI) has ruled that these entities did not violate competition norms.

Apparel exporters demand interest subsidy

Last Updated: Tuesday, May 19, 2015, 17:40

FTA's with EU and Canada would help in mitigating "the duty disadvantage suffered by India vis-a-vis our competitors like Bangladesh, Cambodia, Vietnam, Pakistan etc.

Lacoste to double store count in 4-5 yrs

Last Updated: Sunday, May 17, 2015, 15:49

New stores will be a mix of company-owned and franchised stores.

Siyaram Silk Q4 net profit up 59.18% at Rs 32.14 crore

Last Updated: Monday, May 11, 2015, 13:13

The company had reported a net profit of Rs 20.19 crore in the corresponding period a year ago.

Online luxury market may touch $35 bn mark by 2016: Assocham

Last Updated: Friday, May 8, 2015, 18:18

Offers like discounts, cash-on-delivery, EMI schemes and easy return policies have provides the sector a new platform.

Hugo Boss `positive` for full-year despite drop in Q1 profits

Last Updated: Wednesday, May 6, 2015, 13:43

"The apparel industry is currently feeling the effects of strong consumer restraint in Europe in particular. Hugo Boss coped well with this difficult environment," said chief executive Claus-Dietrich Lahrs. 

Aditya Birla Group stocks jump up to 20% on apparel biz merger

Last Updated: Monday, May 4, 2015, 13:11

Pantaloons Fashion jumped 19.92 per cent to Rs 136.60 -- its upper circuit limit on the BSE, while Aditya Birla Nuvo surged 12.94 per cent to Rs 1,773.55.

Aditya Birla Group consolidates apparel biz into one entity

Last Updated: Sunday, May 3, 2015, 14:55

In a major restructuring exercise, Aditya Birla Group Sunday announced merger of all its branded apparel businesses into one entity, Aditya Birla Fashion and Retail Ltd, through an all-share deal.