Category: Apparels & Garments
Gokaldas Exports to buy Matrix Clothing’s apparel business for Rs 489 crore
The acquisition is seen as a means of achieving geographical diversification and potential low-cost capacity expansion in the future. Gokaldas Exports announced the finalisation of ... Read More
CMAI’s 78th edition of National Garment Fair commences
This three-day event features more than 1120 brands, presenting a diverse array of spring-summer collections across women's wear, men's wear, kids wear, and accessories. The ... Read More
Levi Strauss & Co plans 10% workforce cut
Levi's has approximately 20,000 workers worldwide, including around 5,000 corporate employees. Jeans maker Levi Strauss & Co announced its decision to reduce 10 to 15 ... Read More
Over 1120 apparel brands to be showcased at the 78th National Garment Fair 2024
The Clothing Manufacturers Association of India (CMAI) will be hosting the event spanning three days. The Clothing Manufacturers Association of India (CMAI) is set to ... Read More
Arvind plans Rs 3,000 crore investment in Ahmedabad
The allocated funds will be directed towards the company's textiles, engineering, and real estate divisions in Ahmedabad. Arvind, a textile conglomerate, has entered into a ... Read More
PDS expands its manufacturing footprint in Sri Lanka
Its subsidiary, Norlanka Manufacturing, is acquiring a 26% stake in Nobleswear, PDS announces a strategic development in its global expansion efforts. Its subsidiary, Norlanka Manufacturing, ... Read More
Apparel retail sector anticipates slowdown in the next quarter
The prolonged effects of the pandemic, coupled with supply chain disruptions, have created a complex operating environment for retailers. The apparel retail sector in India ... Read More