India news and archive

Raymond Lifestyle shifts export focus to Europe amidst new trade agreements

The Indian apparel group, which still generates 65 percent of its exports in the US, intends to increase Europe's share from 17 percent to 20–25 percent within two years. Is India looking to leverage its new agreements with London and Brussels to strengthen its position in European supply chains? The new international trade rules have taken a...

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Business

Barcelona-based NDS9 and RSWM form JV to produce eco-friendly designer garments in India

Madrid – Noize Design Studio (NDS9), a Barcelona-based company specialising in the design and sourcing of apparel for third parties, and India's RSWM Limited, the textile company and flagship of the Indian LNJ Bhilwara group, have announced the creation of a joint venture for the manufacturing and marketing of eco-friendly designer garments from...

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Retail

Madden NYC footwear collection debuts in India via digital-first strategy

US footwear company Steve Madden has launched its accessible fashion label Madden NYC in India on August 11, 2026. The rollout begins with a womenswear footwear collection, marking a strategic expansion of the brand's footprint in the South Asian market through its long-standing partnership with Indian retail company Reliance Brands Limited...

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Retail

Mango strengthens its presence in India with a new flagship in Delhi

Madrid – As part of its international growth strategy, Spanish fashion multinational Mango has strengthened its retail footprint in India by expanding its flagship store in Gurugram, within the Delhi metropolitan area. Following the renovation, the store now offers both its womenswear and menswear collections under one roof. The store is...

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Business

Skims enters India through Reliance Brands partnership

Kim Kardashian's Skims is set to embark on a new venture into the Indian market through a partnership with Reliance Brands Limited (RBL), marking the shapewear and lifestyle brand's latest step in its international retail expansion. Under the agreement, RBL will operate Skims across physical stores and digital channels in India, with the brand's...

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Business

RSWM achieves margin expansion and profit growth in Q1 FY27

Indian textile manufacturer RSWM Limited (RSWM) reported its unaudited financial results for the first quarter ended June 30, 2026. The flagship company of LNJ Bhilwara Group posted revenue from operations of 11.61 billion Indian rupees, representing a 1.7 percent increase quarter-over-quarter. On a year-over-year basis, revenue declined by 0.7...

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Business

Reliance Retail acquires AI fashion platform Furrl

India-based retail conglomerate Reliance Retail Ventures Limited (RRVL) has acquired the technology assets and intellectual property of Furrl, an artificial intelligence (AI) styling, cataloguing, and fashion discovery platform. The acquisition includes the AI Styling Engine and commerce application of the startup. The transaction forms part of...

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Shoppers Stop reports turnaround in profitability for first quarter

Indian department store operator Shoppers Stop Limited (Shoppers Stop) has announced its financial results for the first quarter ended June 30, 2026, delivering a return to profitability supported by double-digit revenue growth. On a non-GAAP consolidated basis, the Mumbai-based retailer achieved a 10 percent increase in revenue year-over-year,...

Fairs

Better Cotton Initiative recognizes women leaders in sustainable Indian agriculture

At Bharat Tex, India’s largest textile trade show, the Switzerland-based Better Cotton Initiative (BCI) and the Confederation of Indian Textile Industry (CITI) have awarded women farmers for their commitment to sustainability and innovation. The awards ceremony took place during the trade event, which runs from July 14 to July 17, 2026, in New...

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Business

What the India-UK trade agreement means for the fashion industry

The India-UK Comprehensive Economic and Trade Agreement (CETA) officially entered into force on 15th July 2026, marking a landmark moment for the textile and garment sectors of both nations. By eliminating import duties of up to 12 percent on Indian apparel and home textiles, the agreement provides Indian exporters with immediate, duty-free...

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India-UK FTA comes into effect: Zero-duty access for Indian textiles and apparel in the UK

The India–UK Comprehensive Economic and Trade Agreement (CETA) has officially come into effect, establishing an economic framework between the two countries. Operationalized on July 15, 2026, the bilateral trade deal seeks to reduce trade barriers, improve market access, and enhance professional mobility across major industrial sectors....

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Business

India introduces ban on imports produced with forced labour

The Indian government has announced a new regulation prohibiting the import of goods produced or manufactured, either wholly or in part, through the use of forced labour. The Ministry of Commerce and Industry issued the notification through the Directorate General of Foreign Trade, which inserts new clauses into the Foreign Trade Policy 2023....