October 5, 2026
Event

Over 200 Exhibitors Showcase Latest Trends At NIGF 2024

The Clothing Manufacturers Association of India (CMAI) proudly inaugurated the 2nd North India Garment Fair (NIGF 2024) at the Yashobhoomi Convention Centre (IICC), Dwarka, New Delhi. Running from June 11 to June 13, 2024, the fair features over 200 exhibitors showcasing a wide range of menswear, womenswear, and kidswear. The inauguration ceremony was attended by […]
Industry

Labour Shortage Hits Tiruppur Amid Rising US Export Orders

India’s ‘knitwear capital’ Tiruppur faces a severe labour shortage as thousands of migrant workers who returned home to vote in the recent Lok Sabha elections are not coming back. This comes as export inquiries from the US show early signs of recovery. The shortage, estimated at 100,000-150,000 workers from Uttar Pradesh, Bihar, Assam, and West […]
Apparel, Fashion, Retail

Lululemon Reports Strong Q1 2024 Financial Results

Lululemon Athletica Inc., announced its financial results for the first quarter of fiscal 2024, which ended on April 28, 2024. CEO Calvin McDonald highlighted strong international market momentum and successful product innovations, emphasizing that the brand continues to resonate globally. For the first quarter of 2024, Lululemon reported a 10% increase in net revenue to
Corporates

Inditex Expands Into Uzbekistan, Resumes Operations In Ukraine

In Q1 2024, Inditex achieved robust operating results, driven by team creativity and the execution of its integrated business model. The Spring/Summer collections were well-received, with sales increasing 7.1% to €8.2 billion and a constant currency growth of 10.6%. Gross profit rose 7.3% to €4.9 billion, with a gross margin of 60.6%. Operating expenses grew […]
Tete-A-Tete

FTA With EU Would Be Real Game-Changer For India

The fragmented textile value chain in India necessitates the goods to travel from one place to another, which adds to logistics cost as well as has an impact on quality, says Gurudas Aras Historically fragmented and complex nature of our textile value chain has been taking toll on the health of our domestic industry. How […]