13 October 2023, Mumbai
IN BRIEF
A venture capital firm led by NR Narayana Murthy, the co-founder of Infosys, has recently bought a 1.12 percent stake in Gokaldas Exports, an apparel maker.
The investment by Catamaran Ventures is seen as a positive sign for Gokaldas Exports, which has been one of the better performers in the apparel sector in recent months.
13 October 2023, Mumbai
IN BRIEF
Birla Cellulose, a leading producer of environmentally conscious Man-Made Cellulosic Fibers (MMCF), has launched a new Circular Fiber Blend.
This innovative blend contains 50% mechanically recycled fiber while maintaining high-strength yarn, making it ideal for fabric and garment production.
10 October 2023, Mumbai
IN BRIEF
Cover Story, a renowned fashion retail destination, announced the opening of its second store in Pune, located in the prestigious PMC Wakad area. The store offers a wide range of women's clothing and accessories, catering to the diverse tastes and preferences of the modern Indian woman.
The strategic placement of the store ensures accessibility and convenience for fashion enthusiasts across Pune.
06 October 2023, Mumbai
IN brief
Lee® has launched a new festive season campaign titled "Lee: Home of The Real Denim". The campaign features popular rapper King to reinforce Lee®’s real denim positioning.
The campaign films feature King in different situations, highlighting Lee® as the ultimate choice for high-quality denim known for durability.
12 October 2023, Mumbai
IN BRIEF
Skechers, Apparel Group's leading footwear brand, has won the prestigious Superbrands status at a grand ceremony held in Dubai.
The award is a testament to Skechers' relentless pursuit of quality, innovation, and customer satisfaction.
09 October 2023, Mumbai
IN brief
India International Knit Fair (IIKF) is a prestigious event showcasing latest knitwear collections from India and abroad.
It is a major platform for networking and business opportunities.
This year's IIKF will be held in Tirupur from October 12-14, attracting over 10,000 visitors.
IIKF will play a vital role in promoting ‘Brand Tirupur’.
06 October 2023, Mumbai
IN brief
Levi's, the iconic brand that epitomizes classic American style and effortless cool, has achieved a remarkable milestone by winning the prestigious Superbrands status.
This accolade is a testament to Levi's relentless commitment to quality, innovation, and customer satisfaction. Levi's exceptional ability to thrive in the competitive market reinforces its status as a leading brand in the global fashion and lifestyle industry.
11 October 2023, Mumbai
IN BRIEF
The Apparel Export Promotion Council (AEPC) anticipates robust growth in India's textile and apparel exports for the fiscal year 2023-24, with expectations of surpassing the $50 billion mark.
This marks a substantial increase from the $45 billion achieved in the previous fiscal year, primarily fueled by a burgeoning demand in key markets such as the United States and Europe.
09 October 2023, Mumbai
IN brief
India's leading garment and textile manufacturing industry tradeshow, GARTEX texprocess INDIA, returns on February 1-3, 2024 at the Jio World Convention Centre in Mumbai.
The show will showcase the latest innovations and trends in the industry, and provide a platform for professionals to connect and network.
05 October 2023, Mumbai
IN brief
Indians are ready to splurge on festive shopping this year, with 70% of respondents planning to increase their spending, according to a new UBS report published on Wednesday.
The report also shows a shift from digital to cash payments, with the former dropping from 71% to 58% and the latter rising from 27% to 35%. This change indicates a growing preference for buying local and offline goods, which could support Prime Minister Narendra Modi’s “Vocal for Local” campaign.
11 October 2023, Mumbai
IN BRIEF
Emma Chamberlain and Levi's® have launched a new collection inspired by the natural world of Northern California. The collection features six effortless pieces in earthy hues with a cozy-core styling and a signature woodsy print.
Tops include a vintage-inspired Boxy Jacket, a colorblock Mockneck Sweater, and a Fitted Knit Top with a pine tree design. Bottoms include a Midi Skirt, Trousers, and 501® Originals in a brown overdye with a lasered tree ring design.
07 October 2023, Mumbai
IN brief
Numero Uno, India's most loved denim brand, unveils a fresh new logo, reflecting its commitment to dynamism, inclusivity, and modernity.
The new logo embodies the brand's core values of youthfulness, innovation, and meaningful fashion, setting a new standard in denim fashion.
04 October 2023, Mumbai
In Brief
A Strategic Move to Expand in South Asia
Reliance Brands UK (RBUK) and Superdry have established a joint venture, with RBUK holding a 76% stake and Superdry retaining a 24% ownership stake.
The joint venture will hold the South Asian intellectual property rights for the Superdry brand, and the sale of the intellectual property is valued at £40.0 million.
