Palmer news and archive

Mild winter throws cold water on profits this season

A mild winter in the North has left a dent in the winterwear market. This year sales were 15 per cent below expected levels. In Punjab particularly, sales dipped drastically, affecting the winter gear market which is down 40 per cent as compared to last year. Amritsar, for instance, recorded almost 50 per cent dip in their sales of shawls this...

Fashion

Optimist about winter business, Palmer to add infant wear

“Winter has arrived on time, so we expect a good season. I think we will run out of stocks in 15 to 20 days and witness a growth by 20 to 25 per cent,” says an optimistic Ramesh Bedi, Director, Junior Knits makers of brand Palmer. It’s aimed at kids six months to 12 year of age. Going ahead, the brand plans to add infant wear to its product...