Apparel Resources

Monte Carlo Fashions Limited has recorded a 25 per cent rise in consolidated net profit for the third quarter ending December 2024, reaching US $ 11.15 million (Rs. 97 crore) compared to US $ 8.9 million (Rs. 77 crore) against the third quarter results of previous year. The company’s revenue for the quarter also increased, reaching US $ 63.13 million (Rs. 549 crore) from US $ 57.96 million (Rs. 504 crore) in the corresponding quarter of the previous fiscal year. The company’s revenue for the quarter also increased, reaching US $ 63.13 million (Rs. 549 crore) from US $ 57.96 million (Rs. 504 crore) in the corresponding quarter of the previous fiscal year, as reported in Clothing Retail Business News . Read the full News to learn more......... click here

In an effort to curb retail theft, California has passed comprehensive laws that may offer Fashion Retailers operating in the state substantial relief. The entire package is the most significant reform of its kind in the state’s recent history, and it went into effect on January 1st. One of the most important clauses addresses a major issue for merchants with several locations: the possibility to combine multiple thefts to meet the 950 dollar felony threshold. Additionally, the law creates “retail theft restraining orders,” which give judges the authority to bar convicted criminals from retail spaces for a maximum of two years. Read the full News to learn more ……… Click here

Bangladesh’s apparel exports to the European Union in October 2024 experienced a substantial year-on-year increase of 33.78 per cent, marking the strongest growth recorded in the first ten months of the year. The EU imported apparel worth US $ 1.82 billion from Bangladesh in October, up from US $ 1.36 billion during the same month in 2023, according to data released by Eurostat, the EU’s statistical office. Exporters attributed this significant spike in exports to an accumulation of work orders from global buyers. However, they noted that the nearly 34 per cent increase in October appeared abnormal. The surge was partly due to shipment delays caused by political instability and labor unrest in Bangladesh during July and August, which led to a backlog of orders being fulfilled in September and subsequently contributing to October’s robust figures. This development has been widely covered in Bangladesh Export News . Read the full News to learn more……… click here

Japan Fashion Week Organisation (JFWO) has announced a strategic collaboration with Pitti Immagine, the powerhouse behind the renowned Pitti Uomo menswear brand. The alliance between the popular Japanese fashion industry players aims to elevate Pitti Uomo’s position in the Japanese market and also foster innovative projects in the realms of menswear and lifestyle. This collaboration has been widely covered in Fashion Business News , highlighting its potential impact on the global fashion industry and the new opportunities it may create for both established and emerging brands. Read the full News to learn more……… click here