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Business

CMAI Apparel Index dips to 1.87 points in Q2, GST affects sentiment

Q2 is the first quarter post-GST. And much like other sectors, apparel brands and retailers too were busy putting GST processes in place and sales suffered a big blow. July was the first month when the industry emerged after clearing pre-GST inventories. Interestingly, GST augured well for organized players, as bigger brands and organized...

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Fashion

Texas to foray into women’s wear with denims

Texas the mid-price segment men’s wear casuals, brand from Detail Clothing is witnessing a steady growth of 30 to 40 per cent every year. With a target of achieving Rs 50 crores revenues by 2020 from the current Rs 20 crores, the company also plans to diversify into the women’s segment. It’s working towards launching women’s denim and cotton...

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