Aditya Birla Fashion and Retail’s net loss worsened in the fiscal year ending March 31, despite higher revenue. The company’s full-year net loss reached 7.36 billion rupees (US$88.3 million), while revenue rose by 12.7% to 139.96 billion rupees. All segments, including Madura Fashion and Lifestyle, Pantaloons, and Ethnic and Other, saw annual revenue growth. During […]
The UK Leather & Leather Goods Industry’s latest 2023 report reveals a significant downturn, with total export values dropping by 14.4% and total import values decreasing by 20.7% compared to 2022. This continues the trend of declining trade that began at the end of the previous year. The growth seen in 2022 appears to have […]
Press Release: May 29, 2024 Bata India has officially named Deepika Deepti as its new Head of Marketing. With over 20 years of experience in marketing and business roles across leading brands, Deepti brings a wealth of knowledge from both the Indian and international retail sectors to her new position. Commenting on the appointment, Gunjan […]
Capri Holdings’ results for the fourth quarter were underwhelming, impacted by a global decline in demand for luxury fashion goods. “We were disappointed with our performance as the fourth quarter continued to see weakened demand globally for luxury fashion goods. Retail sales trends improved sequentially in the Americas and EMEA but slowed in Asia. Wholesale […]
The Asia-Pacific region, a global hub for textile and garment manufacturing, will host the inaugural Asia-Pacific Textile and Apparel Supply Chain Expo & Summit (APTEXPO 2024) from November 13-15, 2024, at the Sands Expo and Convention Centre in Singapore. Themed “Re-engineering towards a Resilient, Adaptive and Sustainable Supply Chain,” the event is sponsored by the […]
Resilience Taiwan 2024, a specialized international B2B exhibition focused on the Taiwanese machinery production industry, was held on May 28, 2024, at Le Meridien Taichung. This event provided an excellent business platform for consolidating global opportunities, facilitating business collaborations, and allowing Taiwanese companies to showcase their strengths to a global audience. Organized by TAITRA, Resilience […]
Expo Riva Schuh & Gardabags continues its international travels, keeping abreast of latest trends in the footwear and accessories markets and nurturing closer, more effective relationships with industry stakeholders. The aim is to provide a business and relational experience at Riva del Garda focused on the industry’s real needs. ‘Expo Riva Schuh & Gardabags Around […]
By Arvind Bajaj, footwear enthusiast and connoisseur Quality footwear involves much more than simply choosing between leather or rubber soles. There is a wide array of types within each category, each with its own specifications and advantages. Here’s a simple guide to the most prevalent types of soles for high-quality shoes and boots. Leather soles […]
The Office for National Statistics (ONS) reported that the UK’s gross domestic product increased by 0.6% in the first quarter of the year compared to the previous quarter. This rise follows contractions of 0.3% in the last quarter and 0.1% in the third quarter of the previous year, which had led the UK into a […]
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