Clothes

Apparel makers urge govt to fix 5% GST on all garments, end duty issues

The apparel industry has sought a flat 5% GST across all garments to prevent under-invoicing, grey market activity, and inverted duty structure under the proposed GST reforms

Power dressing redux: Premium menswear goes down a different path

From fit to fabric, the modern executive's wardrobe is all about precision, comfort, and quiet confidence

Slowing growth and high valuations weigh on Trent stock performance

Trent shares fall 12% on weak Q1 growth; brokerages cite valuation mismatch, slowing momentum in fashion, and downgrade targets despite optimism on new verticals

Centre sets up a new task force to boost country's textile exports

The discussion touched upon a wide range of issues affecting the textile value chain

Reliance and Shein aim to sell India-made clothes abroad within a year

Reliance, controlled by Asia's richest person, Mukesh Ambani, has contracted 150 garment manufacturers and is in discussion with 400 more, said the two people

Tracking consumption: Clothing, footwear spends shrank 7.1% in FY24

Expenditure on the 'clothing and footwear' segment fell by over 7 per cent to just under ₹4.53 trillion in FY24 from ₹4.87 trillion in FY23

Lighthouse invests ₹225 crore in premium occasion wear Kalki Fashion

Founded by Saurabh, Shishir, and Nishit Gupta, Kalki offers premium bridal, festive, and occasion wear for both men and women

Reliance Retail, Delta Galil launch JV to drive apparel innovation in India

The partnership intends to establish an apparel innovation platform dedicated to meeting the demands of Indian consumers

T-shirts, torn jeans also not allowed in Mumbai college after hijab ban

A city-based college, which has been in news for imposing a ban on hijab, has now also barred students from wearing torn jeans, T-shirts, "revealing" dresses and jerseys, or a dress that reveals religion or shows "cultural disparity". The Chembur Trombay Education Society's N G Acharya and D K Marathe College, in the notice issued on June 27, also said students should wear a formal and decent dress while on campus. Students can wear a half or full shirt and trousers. Girls can wear any Indian or western outfit, it said. The directive came after the Bombay High Court on June 26 refused to interfere in a decision taken by the college to impose a ban on hijab, burka and naqab on its premises, observing that such rules do not violate students' fundamental rights. "Students shall not wear any dress which reveals religion or shows cultural disparity. Nakab, hijab, burka, stole, cap, etc shall be removed by going to the common rooms on the ground floor and then only (students) can move ..

Go Fashion (India) to expand; plans to open 120-150 new stores in FY25

Go Fashion (India) Ltd which owns the popular women's wear brand 'Go Colors' has drawn up plans to add 120-150 net new stores in FY25, a top official has said. The company added a total of 94 stores last financial year taking the overall count to 714, company CEO Gautam Saraogi said. Go Fashion was also exploring 'omnichannel strategies' leveraging technology to offer physical and online shopping experiences, expanding reach to consumers in various cities. Meanwhile, the city-based company reported a profit after tax of Rs 13.1 crore for the January-March 2024 quarter as compared to Rs 14.8 crore registered in the same period of last year. For the year ending March 31, 2024, the PAT remained unchanged at Rs 82.8 crore as compared to Rs 82.8 crore recorded during the same period of last year. "During FY24, our company achieved a growth of 15 per cent year-on-year in revenues to Rs 763 crore. EBITDA stood at Rs 242 crore witnessing a growth of 14 per cent year-on-year. Our PAT for FY

Uniqlo operator Fast Retailing's Q2 profit climbs 7.2% at $721.80 mn

Fast Retailing left its full-year operating profit forecast unchanged at 450 billion yen

Adidas posts first loss in 30 years, warns North America sales may decline

Adidas has been battling to right itself after it cut ties with Kanye West in October 2022, suspending sales of the highly profitable Yeezy sneaker line

Trent Q3 results: PAT jumps 124% to Rs 374 cr on lifestyle segment growth

"The growing scale of our operations distinctly enables us to realise greater operating synergies," said Trent Chairman Noel N Tata

Shoppers Stop Q3 profit down 41% to Rs 37 cr, revenue up 8.8% to 1,237 cr

Retail chain Shoppers Stop on Thursday reported a decline of 41.26 per cent in consolidated net profit at Rs 36.85 crore in the third quarter ended December 2023. The company had posted a net profit of Rs 62.74 crore in the October-December period a year ago, according to a regulatory filing from Shoppers Stop. However, its revenue from operations was up 8.83 per cent to Rs 1,237.52 crore during the quarter under review. It was Rs 1,137.07 crore a year ago. Its total expenses in the December quarter were up 10.62 per cent to Rs 1,189.96 crore. Total revenue at Shoppers Stop, which includes other income, was at Rs 1,240.88 crore, up 6.83 per cent. During the quarter, it added 13 stores which include four department stores, four beauty, four Intune and one airport store. "With considerable slowdown on discretionary spending, we have demonstrated notable resilience in these tough conditions. Our company has delivered admirable financial results with a sales growth of 7 per cent desp

Fashion D2C brand Snitch secures Rs 110 crore in series A funding

The firm said this funding round stands out, especially at a time when many late-stage D2C brands struggle to secure capital

47% Indians to spend over Rs 10,000 in upcoming festive season: Report

Customer sentiment is significantly higher than last year when 19% of Indians said they would spend over Rs 10,000

How to start a clothing business in India? Here are the simple steps

Do you also want to set up a clothing business in India, as this Industry is growing rapidly over time? Here are the steps to follow to start your clothing business in India

China considers law banning clothes that 'hurt feelings' of others

The lawmakers didn't spell out exactly what kind of images or speech could get people sent to a detention center for up to 15 days or fined up to 5,000 yuan ($680)

Buddhabong Introduces 2-Hour T-Shirt Delivery in Pune and Mumbai, Revolutionizing Fashion Delivery

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Google's new AI feature lets users preview clothes on different body types

Users can select people ranging in sizes XXS-4XL representing different skin tones, body shapes, ethnicities and hair types