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18-May-2018   ''Make Fashion Circular'': Burberry, Nike and Gap join forces to tackle textile waste      
Textile production is one of the world''s most polluting industries, producing 1.2 billion tonnes of CO2 equivalent emissions a year - more than international flights and maritime shipping, according to the Ellen MacArthur Foundation.     Read More  

18-May-2018   Flipkart India losses reduce to ?244.7 crore in FY17      
The losses of Flipkart India, the wholesale arm of the e-commerce giant, have been reduced half to ?244.7 crore in the fiscal 2016-17 from ?544.5 crore in the last year, a news agency said citing documents submitted to the Corporate Affairs Ministry. For the reported period, there was an 18 per cent surge in the revenues to ?15,569.2 crore     Read More  

18-May-2018   Deal with Flipkart credit positive for Walmart: Moody''s      
Acquisition of 77 per cent stake in Indian e-commerce giant Flipkart is credit positive for Walmart even though the Indian firm is predicted to make losses for a few years. A report by Moody’s says that the deal is expected to weaken the credit metrics of Walmart initially, but it will provide immediate scale in the growing e-retail sector of India.     Read More  

18-May-2018   SSM part of eight major expos in four months      
SSM (Schärer Schweiter Mettler AG), a leader in yarn processing and winding and Swiss developer of patents in electronic yarn guiding systems, has participated in eight exhibitions in four months this year. In Colombia, Bangladesh, Japan, Russia, Indonesia, Vietnam, Turkey, and Pakistan, SSM displayed its solutions for yarn processing and winding.     Read More  

18-May-2018   H&M opens its first store in Ahmedabad      
Product profile: The store offers women’s, men’s, teenagers and children’s apparel, accessories, footwear and lingerie. The store features the summer collection which is a mix of silhouettes on natural fabrics as well as silky fabrics. The collection includes sunset colours with a hint of fresh bright green and whites.     Read More  

18-May-2018   Farm to Fashion summit generates business worth ?1,000 cr      
With over 1,500 buyers from various countries at Farm to Fashion, the Indian Textile Global Summit has successfully generated business worth ?1,000 crore in just 3 days. The recently concluded event from May 4-6 was a gateway to endless global opportunities. Bringing together the stakeholders on one platform, the summit discussed opportunities and challenges to elevate the Indian textile on a global scale.     Read More  

18-May-2018   Stein Mart joins hands with Parker Avery Group      
Stein Mart, a national specialty off-price retailer, has joined hands with retail consulting firm the Parker Avery Group for improvements in merchandising operations, inventory performance and overall margins. The partnership follows set of challenges faced by Stein Mart with product assortment, inventory levels, margins, and merchandising in 2017 beginning.     Read More  

18-May-2018   Stein Mart joins hands with Parker Avery Group      
Stein Mart, a national specialty off-price retailer, has joined hands with retail consulting firm the Parker Avery Group for improvements in merchandising operations, inventory performance and overall margins. The partnership follows set of challenges faced by Stein Mart with product assortment, inventory levels, margins, and merchandising in 2017 beginning.     Read More  

18-May-2018   34th IAF convention to discuss future for smart fashion      
The 34th edition of World Fashion Convention oganised by the International Apparel Federation (IAF) will discuss the future for smart and sustainable fashion. The convention beginning from October 8 in the Netherlands will feature a mix of speakers from brands, retailers, manufacturers, associations and top class suppliers to the industry.     Read More  

18-May-2018   Eurovet to launch Paris-Moscow Express programme in July      
Eurovet, the organiser of the leading tradeshow network for the lingerie, swimwear, and athleisure industries, is set to launch an ambitious programme in Paris in July under the label Paris Moscow Express. The programme, designed for Russian buyers and brands, will be held from July 7 to 9, 2018, at the Unique by Mode City trade show in Paris.     Read More  

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