Toonz Retail to set up 200 stores in 5 years
BY S&A 11 September , 2014Toonz Retail India, a one stop shop for kids aged up to 12, is targetting to set up 200 stores in the country in the next five years, of which at least 10 would be in Kerala, especially in smaller towns. The company’s major presence is in South ...
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Farida group to step up focus on Chinese shoe market
BY S&A 11 September , 2014Chennai-based Farida group has made a foray into the Chinese shoe market with four international brands including Clarks. The Farida group, which has shoe manufacturing facilities in and around Chennai and in Ambur, has already exported over one ...
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Amazon announces additional US $2 billion investment in India
BY S&A 11 September , 2014Since its launch just over a year ago, Amazon India’s marketplace has grown to be the country’s largest store with over 17 million products from a continually growing base of thousands of small and medium-sized businesses, serving millions of ...
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Single-brand retail: DIPP sets 90 days to process all pending applications
BY S&A 11 September , 2014The department of industrial policy and promotion (DIPP) has set a maximum time frame of 90 days to process all applications pending with it. As many as 13 applications from foreign retailers, including Forever 21, Furla and Swarovski, to open ...
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Bangladesh threatens to close tanneries
BY S&A 8 August , 2014After being warned by the European Union (EU), tanners in Bangladesh are now facing strict action from government if they are unwilling or unable to relocate their factories by December 2014, according to a senior Tannery Estate project ...
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AAFA granted new leather goods legislation
BY S&A 8 August , 2014US imports of travel goods such as luggage, backpacks, travel bags, business cases, handbags and personal leather goods are now eligible for duty benefits under the Generalized System of Preferences (GSP) programme of the American Apparel & ...
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Nike introduces elite sock using Elite Digital Ink printing process
BY S&A 8 August , 2014Countless technological advances in the sphere of footwear have led to the sector being constantly introduced to newer methods that both enhance the functionality and performance of the product. Keeping this in mind, Nike Basketball has ...
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Pakistan exports benefit from GSP+
BY S&A 8 August , 2014After being granted the Generalised System of Preferences (GSP)+ status by the European Commission effective this January, footwear exports from neighbouring Pakistan witnessed a growth of 17 per cent in the first quarter of 2014. The ...
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