Essential to have a holistic approach to grab the space vacated by China in textile sector: SIMA – ET Retail

Representative Image Coimbatore: Textile and clothing sectors must have a holistic approach with a long-term vision to seize the opportunity in the global market, industry officials said on Saturday. Textiles and clothing industries are the second largest employment provider after agriculture generating Rs 30,000 crore as Goods and Services Tax revenue and USD 44 billion…

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Apparel brand Chique plans expansion into smaller cities, to open 150 stores in three years – ET Retail

Women’s apparel brand Chique is planning for expansion into tier-2 and 3 cities across India. The company said that it plans to open over 150 stores in the next three years. The company already has a presence in 26 cities, including Delhi, Ahmedabad, Lucknow, Jaipur, Hyderabad, Ludhiana, Gurugram, Bangalore, and Mumbai. We are now eyeing…

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Canada shared intelligence on Nijjar murder with India weeks ago: Justin Trudeau | India News – Times of India

NEW DELHI: Canadian Prime Minister Justin Trudeau on Friday said that Canada shared evidence on allegations behind Khalistan leader Hardeep Singh Nijjar’s killing with the Indian government weeks ago.“Canada has shared the credible allegations that I talked about on Monday with India. We did that many weeks ago,” Trudeau told a news conference in Ottawa….

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Anglophone solidarity comes up against ‘strategic’ ties with India in Canada spat – Times of India

WASHINGTON: Anglophone solidarity is coming up against “strategic” ties with India in the Canada spat. The Biden White House on Thursday firmly threw its weight behind Ottawa’s allegation about India’s hand in the assassination of a separatist Sikh militant in Canada, saying it took the accusation seriously, and “there is not some special exemption you…

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Unlocking the power of people strategy and business transformation: A rare opportunity for business leadership – Times of India

In the constantly evolving and dynamic world of modern business, the capacity to adjust and undergo transformation is not merely a competitive edge; it is an essential requirement. Accomplished enterprises comprehend that the foundation of any successful transformation is the strategic harmony between human abilities and the overarching objectives of the business. This is where…

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Profit margins of 11 listed retail entities to moderate by 120 bps to 5.2% in FY2024 : ICRA – ET Retail

Representative Image Higher discounts following a demand slowdown and increased advertising and promotion expenses to support revenue growth are likely to pressurise profit margins of fashion retailers in FY2024, according to an analysis by ICRA. The operating profit margins of 11 listed retail entities, which accounts for 23% of industry revenue, will moderate by close…

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