Revenue of Indian garment manufacturers is expected to increase by 8-10 percent in current fiscal on the back of healthy domestic demand and revival in exports. According to a CRISIL Ratings report, volume growth will be higher at 6-8 percent in the present fiscal, as against 3-5 percent in the

Fashion retailers will report 120 bps slip in margins mainly due to offering higher discounts and hike in advertisement spends, despite expectations of 13 percent revenue growth in fiscal 2024. An ICRA analysis also informed that the industry is poised to face this margin squeeze primarily due to amplified discounting and escalating expenditures on advertising […]

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 […]