Browsing: clothing industry

“We are Raisin”, proclaims a board, as Parvati Fabrics, roped in the actor, Bhumi Pednekar as brand ambassador to launch its new brand ‘Raisin’ in a grand show at the JW Marriott, Juhu, Mumbai very recently.

Century Textiles & Industries reported a multi-fold jump in its net profit at Rs 120.24 crore for the first quarter ended June 30, mainly on account of lower expenses.

Mafatlal Industries will make a foray into apparel business by introducing ready-to-wear fashion wear at affordable pricing.

Raymond Limited, textile and apparel major, is planning to invest Rs 350 crore in capacity and retail expansion this year. This will help ramp up its apparel sale and grow the fabric business over the next few years, a senior company executive said.

Kate Spade New York has forayed into the Indian market with its first two stores in New Delhi. The brand has opened shops in south Delhi ? with one store at the DLF Emporio in Vasant Kunj and another one at the Select City Walk in Saket.

India’s apparel exports to the US rose 4.3 per cent y-o-y in January 2017. Export volumes increased 8.6 per cent but export realisation fell four per cent.

The global kidswear market is booming, and is becoming one of the most profitable businesses in the global market.