Indian textile industry leaders hail UK FTA as game-changer

Indian textile leaders see the India–UK FTA as a game-changer, potentially quadrupling exports to $5 billion.
Zero-duty access will make Indian products, especially technical fabrics, denim and casualwear, more competitive in the UK.
Industry voices highlight improved margins, compliance readiness, and enhanced market share.
The FTA is said to pave the way for broader global trade expansion.

Indian textile industry leaders hail UK FTA as game-changer Read More »

US’ Kontoor Brands raises FY25 outlook, eyes $3.09 bn in revenue

Kontoor Brands is expecting a revenue between $3.06–$3.09 billion in FY25, up 17–19 per cent YoY, with Helly Hansen contributing 16 per cent of the growth.
Adjusted EPS is projected at $5.40–$5.50, and gross margin to rise to 45.9–46.1 per cent.
Q1 2025 revenue was $623 million, down 1 per cent, with strong DTC and Wrangler brand performance offsetting Lee’s decline.

US’ Kontoor Brands raises FY25 outlook, eyes $3.09 bn in revenue Read More »

Stelatoes expands footprint in Delhi NCR with a new store launch in Faridabad

Stelatoes, one of India’s leading family footwear brands, is excited to announce the opening of its latest store in Faridabad, Haryana. After receiving tremendous love and support from customers in Delhi NCR, Dehradun, Lucknow, Kanpur, Indore, Kurla, Chandigarh, Amritsar, Patiala, Pathankot Ludhiana, Bathinda, and Rudrapur.

Stelatoes expands footprint in Delhi NCR with a new store launch in Faridabad Read More »

Puma reports decline in first-quarter profit margin

Puma’s first-quarter sales remained flat at 2.076 billion euros, slightly exceeding analysts’ expectations, but profit margins declined. Weak wholesale sales in the U.S. and China contributed to the downturn. The company maintains its 2025 outlook for low-to-mid-single-digit sales growth, excluding potential impacts from U.S. tariffs, while awaiting new CEO Arthur Hoeld to take charge and implement turnaround strategies.

Puma reports decline in first-quarter profit margin Read More »

Timex India eyeing deeper digital footprint as FY25 total income rises 28%

Timex Group India Ltd (TGIL) is aggressively expanding its digital presence, including quick commerce, after a robust FY25 performance. The company reported a 46% surge in Q4 total income, reaching Rs 136.1 crore, and a 28% increase in FY25, hitting Rs 540 crore. “We are committed to building on this momentum and amplifying brand presence across the length and breadth of the country and touchpoints right from quick commerce to retail outlets,” said Deepak Chhabra, managing director of the company.

Timex India eyeing deeper digital footprint as FY25 total income rises 28% Read More »

Timex India eyeing deeper digital footprint as FY25 income rises 28%

Timex Group India Ltd (TGIL) is aggressively expanding its digital presence, including quick commerce, after a robust FY25 performance. The company reported a 46% surge in Q4 total income, reaching Rs 136.1 crore, and a 28% increase in FY25, hitting Rs 540 crore. “We are committed to building on this momentum and amplifying brand presence across the length and breadth of the country and touchpoints right from quick commerce to retail outlets,” said Deepak Chhabra, managing director of the company.

Timex India eyeing deeper digital footprint as FY25 income rises 28% Read More »

India–UK FTA: Textile & apparel industry expects major gains

Indian textile and garment leaders have welcomed the India–UK FTA, anticipating significant benefits amid ongoing export challenges.
The zero-duty access is expected to boost exports—particularly home textiles and apparel—and attract major investments.
Industry heads foresee stronger UK market penetration, a level playing field against global competitors, and support for government schemes.

India–UK FTA: Textile & apparel industry expects major gains Read More »

Indian industry eyes bigger UK garment market share post FTA

India and the UK have finalised a Free Trade Agreement after years of negotiations, offering duty-free access to Indian textiles and garments.
Industry leaders hail it as a game-changer that will boost exports, create jobs, and enhance India’s market share in the UK.
The deal also strengthens India’s position for future FTAs, especially with the EU and the US.

Indian industry eyes bigger UK garment market share post FTA Read More »

UK-India FTA: Likely effect on textiles and apparel exports of India

The UK–India FTA eliminates tariffs on nearly all Indian textile and apparel exports to the UK, boosting competitiveness, especially for SMEs.
Exports are projected to nearly double by 2030, led by garments, followed by home and technical textiles.
The deal opens doors for deeper trade, innovation, and investment across both nations’ textile ecosystems.

UK-India FTA: Likely effect on textiles and apparel exports of India Read More »

Shopping Cart