Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Textile, Apparel SMEs: A critical look at the CRISIL’s rebound re…

Textile, Apparel SMEs: A critical look at the CRISIL’s rebound report

  The Indian textile and apparel industry, especially for SMEs, is poised for a potential rebound, as indicated by the recent CRISIL SME Tracker report. However, beyond the fluctuations in cotton prices, a multitude of challenges confront these enterprises. This comprehensive analysis aims to dissect the intr... Read more

India’s textile industry navigates headwinds with slow exports an…

India’s textile industry navigates headwinds with slow exports and stable domestic demand

   The textile industry, a key pillar of the Indian economy, witnessed a mixed bag of results in Q3 of the 2023-24 financial year. While some companies like Arvind saw profits grow, others like Century Textiles struggled with revenue dips. This indicates differing responses to market pressures within t... Read more

After prolonged flat lining, India’s textile stocks fly high

After prolonged flat lining, India’s textile stocks fly high

  The last few years, abetted by the pandemic-led lockdown and the worldwide economic downturn that followed, India’s textile sector faced sluggish growth. However, things have turned around as the stock markets indicate and investors, impressed with figures posted by sector’s big players, are rus... Read more

H&M’s posts good revenue growth in first nine months, Western…

H&M’s posts good revenue growth in first nine months, Western Europe remains largest market

  Hennes & Mauritz’s (H&M) latest nine-month performance report card spanning December 1, 2022 to August 31, 2023 shows the group’s net sales in Swedish Krona increased by 8 per cent to SEK 1,73,385 million. In local currencies, net sales were flat compared to previous year. Gross profit i... Read more

GAP’s second quarter fiscals shows the downslide continues

GAP’s second quarter fiscals shows the downslide continues

  Last week, The Gap Inc. released its fiscal results for Q2 2023 ending in June. The lifestyle conglomerate ended the quarter with cash and cash equivalents of $1.4 billion, an increase of 91 per cent over previous year. A dive into details of fiscal performance shows in most segments, decrease is the common... Read more

India: Government formulating new textile policy

India: Government formulating new textile policy

Since the last few years, the Indian textile industry has been facing problems like technological obsolesce, high input cost (power & capital), poor access to credit, fragmented units, absence of fiber neutrality etc. To address these issues, the government has been implementing various schemes over the years. It ... Read more

China’s textile industry in doldrums as demand products decline

China’s textile industry in doldrums as demand products decline

"The Sino-US trade war has dealt a heavy blow to the Chinese economy which is on a continuous decline. The textile and garment industry is also facing rough weathers due to the closure of several production units across the country. As official statistics by China Customs reveal, China’s total import and export v... Read more

Increasing bottom lines in FY19, Indian companies plan new strate…

Increasing bottom lines in FY19, Indian companies plan new strategies for growth

"FY 2019 has been a mixed year for Indian textile companies. For smaller companies like Morarjee Textiles, Bombay Rayon Fashions, Mafatlal and JCT, it was a challenging year as their quarterly earnings slipped below given estimates. However, for bigger companies like Arvind Mills, Raymond, Vardhman Textiles and Grasim ... Read more

Macro slowdown forces investors to focus on company strategies

Macro slowdown forces investors to focus on company strategies

"Over 150 consumer-oriented public and private companies will make presentations before investors, analysts, traders and executives in Orlando, Fla at the 21st annual ICR Conference. However, before these presentations, companies including Urban Outfitters, American Eagle Outfitters, Lululemon Athletica, and Abercrombi... Read more

Kering, Adidas rank high in McKinsey’s latest Global Fashion Inde…

Kering, Adidas rank high in McKinsey’s latest Global Fashion Index

"In its ‘Global Fashion Index,’ McKinsey ranked the top fashion companies across the world by economic profit during the first nine months of 2018. According to the report, the global fashion market is dominated by 20 companies which account for 97 per cent of global economic profit in the retail sector. Th... Read more

MOST POPULAR NEWS
 
COTTON INDEX
Cotton - Daily Price - Commodity Prices - Price Charts, Data, and News - FashionatingWorld
 
eZine
eZine
 
VF Logo
 
HOW TEXTILE RECYCLING WORKS

Superdry proposes rescue package to avoid bankruptcy

  Led by Julian Dunkerton, CEO, Superdry, a prominent British fashion chain, has propos... Read more

Adidas surprises with strong Q1, raises full-year outlook

  Adidas defied expectations with a robust first quarter in 2024, boasting an 8 per cen... Read more

GTIL to expand garment processing capacity to 6 lakh units per month

  Renowned exporter of fabrics and garments to both global and domestic markets for the... Read more

Backed by Uniqlo, Fast Retailing reports exceptional half-year results

  Propelled by the performance of its flagship brand Uniqlo in North America, Europe an... Read more

Backed by Uniqlo, Fast Retailing reports exceptional half-year results

  Propelled by the performance of its flagship brand Uniqlo in North America, Europe an... Read more

Espirit Holdings files for insolvency of Belgium subsidiary

  As a part of its ongoing comprehensive reogranisation of the company’s operatio... Read more

Inditex revamps Zara Woman leadership with Lorena Rodriguez as new Director

  Inditex has made changes in the leadership of Zara Woman, with Lorena Rodrígue... Read more

Levi Straus revises annual profit forecasts upwards

  Denim maker Levi Strauss has revised its yearly profit forecasts upwards attributing ... Read more

Shein registers $2 billion profit in 2023

  Chinese-founded e-commerce giant, Shein recorded $2 billion profits in 2023. The e-ta... Read more

H&M exceeds first-quarter operating profit forecasts

  Smaller- than-anticipated decline in sales has helped the world’s second larges... Read more

Nike appoints Tim Hamilton new Vice President-Men’s Apparel Design

  Nike hs appointed Tim Hamilton as the new Vice President - Men's Apparel Design. Hami... Read more

Ted Baker seeks new owner as UK business enters administration

  Iconic British fashion brand Ted Baker is undergoing a restructuring as its UK arm en... Read more

H&M’s new CEO under pressure to revive growth

  H&M's new CEO, Daniel Erver, is under scrutiny as the company reports its first q... Read more

D’décor to elevate daily fabric output to 200,000 m in next 4 years: Sanjay…

  India's leading manufacturer of curtains and upholstery, D’décor is on a... Read more

Lululemon Athletica anticipates decline in revenue and profit in fiscal 202…

  Lululemon Athletica anticipates annual revenue and profit to remain below expectation... Read more

Next maintains sales and profit outlook for 2024-25

  British clothing retailer Next has maintained its sales and profit outlook in the ong... Read more

Nike releases Q3 2024 financial results

  Nike, Inc.unveiled its fiscal 2024 third-quarter financial results today, showcasing ... Read more

Guess registers 9% increase in revenues during Q4

  During its fourth quarter, Guess Inc registered a 9 per cent increase in revenues to ... Read more

Spinnova expects revenues to decline in 2024

  Textile company Spinnova anticipates a downturn in revenues for the year 2024, with o... Read more

Kering forecasts 20% drop in Gucci’s sales during Q1FY’24

  Gucci-owner Kering has forecasted a significant drop of approximately 20 per cent in ... Read more

Puma targets €620 million revenues in 2024

  Expecting mid-single-digit currency-adjusted sales growth, Puma targets revenues rang... Read more

Inditex reports highest ever profit of €5.4 billion in 2024

  World's largest fashion retailer and owner of brands like Zara, Pull&Bear, and Ma... Read more

Adidas registers first yearly loss in 3 decades

  Renowned German sportswear giant, Adidas encountered a significant setback as it post... Read more

Shein to face stricter regulations for online content in the EU

  Fast-fashion company founded in China, Shein, is poised to confront stricter regulati... Read more

UK-based cosmetics company The Body Shop declares bankruptcy

  A renowned UK-based cosmetics company founded in 1976 by human rights activist and en... Read more

Hugo launches new denim collection for Gen Z and younger consumers

  The youthful brand under the Hugo Boss umbrella, Hugo unveiled Hugo Blue, its latest ... Read more

Gap’s anticipates net sales in fiscal 2024 to remain flat

  Despite the positive momentum, Gap anticipates that fiscal 2024 net sales will remain... Read more

Turkish textile industry shows signs of improvement

  Omer Bolat, Minister of Commerce, Turkey, says, textile and raw materials exports fro... Read more

Prada reports 44% surge in net profit in 2023

  In 2023, the net profit of luxury Italian conglomerate Prada surged by 44 per cent to... Read more

Despite challenges, Salvatore Ferragamo’s performance improves in 2023: Mar…

  Reflecting on a challenging yet productive year for the company, Marco Gobbetti, CEO,... Read more

American Eagle Outfitters eyes $6 billion revenues by fiscal 2026-end

  Building upon its robust fourth-quarter results, American Eagle Outfitters Inc aims t... Read more

Abercrombie & Fitch projects full-year revenue growth to surpass estima…

  Abercrombie & Fitch Co projects, the company’s full-year revenue growth wil... Read more

Apparel companies minimise discounts to safeguard profits

  In the midst of a retail landscape characterised by dwindling consumer foot traffic a... Read more

Alif Industries to acquire two private sector businesses

  Alif Industries, a composite textile company specialising in 100 per cent export-orie... Read more

Birkenstock sales surge by 22% in Q3, FY23

  Birkenstock Holding Plc’s latest earnings report showcased a resilient business... Read more

Urban Outfitters Inc net sales rise 7.5% in fiscal 2024

  Urban Outfitters Inc achieved remarkable financial milestones for the fiscal year end... Read more

Mango records robust performance in 2023

  Disclosing its UK operations’ financials, renowned Spanish fashion retailer, Ma... Read more

Mango records robust performance in 2023

  Disclosing its UK operations’ financials, renowned Spanish fashion retailer, Ma... Read more

Puma anticipates sales decline in H1 FY’24

  German sportswear brand Puma anticipates a challenging first half of the year amidst ... Read more

Renewcell announces plans to declare bankruptcy

  Following unsuccessful attempts to secure additional funds amidst sluggish sales over... Read more

Interloop records 115% rise in H1FY24 profit

  Pakistan’s leading textile exporter Interloop recorded a 115 per cent rise in p... Read more

Sutlej Textile & Industries’ Q3 net loss plunges to 93.82%

  Sutlej Textile & Industries suffered a significant financial blow in the third fi... Read more

China's luxury market booms despite broader economic woes

  While broader economic indicators in China paint a cautious picture, the luxury goods... Read more

Trident witnesses a 25% decline in Q3 net profit

  Despite a surge in consumer demand for home linen products during the festive season,... Read more

Hermes soars with record profits in 2023

  Consolidating its position as a market leader, French luxury powerhouse Hermes capped... Read more

Ralph Lauren beats revenue expectations for 12th straight quarter

  Defying economic jitters, Ralph Lauren exceeded the revenue expectations by Wall Stre... Read more

VF Corp faces headwinds as Q3 FY 24 revenues drop

  Owner of popular brands like Vans and The North Face, VF Corp is facing headwinds fro... Read more

Garware Technical Fibres reports 25% rise in PAT during 9MFY2024

  Technical textiles leader Garware Technical Fibres reported a 25 per cent increase in... Read more