by Fashion Value Chain | Aug 29, 2022 | Industry Updates
Apparel chains Gap Inc., GPS -1.90%▼ Victoria’s Secret VSCO -3.19%▼ & Co. and Abercrombie & Fitch Co. ANF -9.00%▼ reported declining quarterly sales as consumers shift their spending away from clothing and other discretionary items.The results, following...
by Fashion Value Chain | Aug 29, 2022 | APPAREL
Indian textiles and apparel export to Russia, which are currently negligible, are likely to see multi-fold rise once both the countries set a mechanism to accept payments in local currency. According to information, the Reserve Bank of India, the country’s central...
by Fashion Value Chain | Aug 29, 2022 | APPAREL
Apparel exporters are concerned about a drop in exports to the United States, their largest market, as stores report low footfalls and customers become more cautious about discretionary spending on clothing in the face of record-high inflation. Due to the continuous...
by Fashion Value Chain | Aug 29, 2022 | APPAREL, Brands
Kanine Pets World Limited, a subsidiary of Kanine Group, launches products for dogs on www.kanine.com today (International Dog Day), including apparel (hoodies, padded jackets, bomber jackets, sweaters, polo shirts, etc), accessories (collars, leashes and harnesses,...
by Fashion Value Chain | Aug 29, 2022 | APPAREL
Sonia Syngal, the CEO of the San Francisco-based coorporation, was ousted in July after less than two years in charge. Bob Martin, its executive chairman and a former leader at Walmart Inc., serves as temporary CEO while the company hunts for a permanent replacement....
