Apparel, Fashion, Retail

WHP Global To Acquires Majority Stake in G-Star RAW

September 7, 2023

G-Star RAW and WHP Global, one of the fastest-growing global brand management firms in the world, announced an agreement where WHP Global will acquire a majority interest in the G-Star RAW® brand, setting the stage for further global growth and expansion. Under the terms of the agreement, the

Apparel, Fashion, Retail

Apparel Textile Sourcing Canada Wraps Up With 2,000 Buyers

Textile Insights September 6, 2023

The 8th Edition of Apparel Textile Sourcing Canada (ATSC) wrapped up on August 23 in Toronto, with presence over 200 exhibitors from 12 countries and regions. “Over 2,000 visitors too turned up, made up of sourcing professionals, garment brands and retailers, business owners, CEO’s, designers and others,” a ATSC press release said. The Canadian Apparel […]

Apparel, Fashion, Retail

MyTrident Targets INR 1,000 Crore Revenue By 2025-26

September 3, 2023

MyTrident, the flagship home furnishing brand of Trident Group, unveiled its Fall-Winter ’23 collection in New Delhi at Andaz, Aerocity. The event, attended by over 3,000 retailers, was inaugurated by Rajinder Gupta, Chairman Emeritus of Trident Group. MyTrident offers a seamless online shopping experience via mytrident.com and aims to make a lasting impact across

Apparel, Fashion, Retail

First Steps Babywear Wins Fourth Consecutive Award For Excellence In Worker Welfare

September 3, 2023

First Steps Babywear has once again demonstrated its commitment to excellence by receiving the Excellence in Worker Welfare Award from Apparel Sourcing Week (ASW). The company was honoured in the Social Impact category at the prestigious Sustainable NXT Awards 2023, a platform aligned with the evolving dynamics of the apparel industry. This category specifically recognizes

Apparel, Fashion, Retail

Fashion Infrastructure Company PDS Bags LACP Platinum Award

Textile Insights August 31, 2023

PDS Limited, a global fashion infrastructure company has bagged the Platinum award at the League of American Communications Professionals (LACP) LLP for its FY2022-23 Annual Report in the ‘LACP 2022 Vision Awards’. This year the theme of the PDS Annual report is ‘Fashion Simplified’ and in its first year of submission, PDS has garnered an […]

Apparel, Fashion, Retail

Reliance Retail Almost Doubles Valuation In Three Years

Textile Insights August 29, 2023

Mukesh Ambani led Reliance Retail’s valuation has almost doubled, notwithstanding the intervening Covid-19 pandemic. Qatar Investment Authority recently became an investor in Reliance Retail, with an investment of US $1 billion for a 1 percent equity stake. This investment values Reliance Retail at a pre-money equity value of Rs 828,000 crore as against it’s fund-raise

Apparel, Fashion, Retail

myTrident Announces Kareena Kapoor Khan As Brand Ambassador

August 27, 2023

In an announcement that is set to redefine the world of home decor, myTrident has introduced the Bollywood actress Kareena Kapoor Khan as the brand ambassador for its innovative home decor line. With this collaboration, myTrident aims to infuse fresh energy and creativity into the realm of interior design, inviting enthusiasts to embark on a […]

Apparel, Fashion, Retail

SP Apparels Plans Foray Into Sri Lanka With Asset Light Model

Textile Insights August 24, 2023

Coimbatore based garment exporter SP Apparels Ltd is planning to start operations in Sri Lanka and to do so, is identifying various operational garment factories in the island country. In a BSE filing, the garment maker said, “We are pursuing to set up a company in Sri Lanka which will help us to expand our […]

Apparel, Fashion, Retail

US Brands Investigate Charge Of Prison Producing Garments

Textile Insights August 22, 2023

Various US garment brands and retailers are inspecting their supply chains over allegations that inmates at Cambodia’s largest women’s prison were illegally producing garments for export. The American Apparel and Footwear Association (AAFA) had written to Cambodia’s ambassador to the US, expressing concerns regarding reports that as part of a rehabilitation

Apparel, Fashion, Retail

Garment Brands Exit From Myanmar Opportunity For India

Textile Insights August 21, 2023

The decision to gradually or fully stop production of garments in Myanmar by various brands and retailers like M&S, Inditex and H&M can be turned into an opportunity for Indian garment exporters. H&M followed in the footsteps of Inditex, which owns Zara and announced that it will slowly stop sourcing garments from the South East […]