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India to become USD 5 trn economy early in Amrit Kaal: FinMin, ET Retail

India to become USD 5 trn economy early in Amrit Kaal: FinMin, ET Retail

Apparel and Fashion News, Global, News
  New Delhi: India will become a USD 5 trillion economy early in the 'Amrit Kaal' on the path to achieve the goal of becoming an advanced economy by 2047, Minister of State for Finance Pankaj Chaudhary said on Monday. The International Monetary Fund (IMF) has projected India to become a USD 5 trillion economy with the third largest GDP in 2027-28. The USD 5 trillion milestone will be crossed with the help of a strong rupee which will result from macroeconomic stability, he said in a written reply in the Lok Sabha. "The government has set the goal of becoming an advanced economy by 2047. In the process, it will become a USD 5 trillion economy early in the Amrit Kaal," Chaudhary said. At the end of 2022-23, the Indian GDP stood at USD 3.7 trillion. In 1980-81, size...
Luxury brands script clause to share space with equals at Jio World Plaza, ET Retail

Luxury brands script clause to share space with equals at Jio World Plaza, ET Retail

Apparel and Fashion News, Global, News, Retail News
  Some of the super-luxury brands that have opened stores at the recently inaugurated luxury mall, Jio World Plaza in Mumbai, have put in a condition that at least four top brands - such as Louis Vuitton, Gucci, Cartier, Burberry, Tiffany, Valentino, Bulgari, Zegna, Giorgio Armani and Bottega Veneta - should be present in the same complex, to ensure the position of their brands is not diluted. ET has seen copies of the agreements between Reliance Industries, the owner of Jio World Centre, and five brands, accessed through data analytic firm CRE Matrix. Reliance Industries and the brands did not respond to emails seeking comment till press time on Friday. Brands often have an exclusivity clause with the mall where they don't want competing brands near their stores. Howev...
German brand Puma unveils FAST-R 2 NITRO Elite

German brand Puma unveils FAST-R 2 NITRO Elite

Blogs, Global, Retail News
Puma has launched the new Fast-R 2 NITRO Elite, an explosive and innovative race-day running shoe. Fast-R 2 utilises the enhanced benefits of NITRO Elite technology, giving a maximum competitive stack height (40mm) with unbeatable speed and cushioning, propelling one’s race-day to new territory; from short runs to marathons and every distance between. Puma introduces the Fast-R 2 NITRO Elite, its most innovative race-day running shoe featuring NITRO Elite technology. The shoe allows 22 per cent more energy storage and up to 46 per cent more raw energy return compared to its predecessor, resulting in a lighter, more economical ride. The Fast-R 2 aims to help runners break personal bests. A sequel to the ground-breaking Fast-R NITRO Elite, the Fast-R 2 allows 22 per cent more energy ...
Attack on passenger bus in Chilas; Protests Erupt, Bus Service Suspended

Attack on passenger bus in Chilas; Protests Erupt, Bus Service Suspended

Global, News
  In a tragic incident in the Chilas area of Gilgit-Baltistan’s(GB) Diamer district, a passenger bus en route to Rawalpindi was targeted by unknown assailants on December 2. The attack resulted in the loss of at least nine lives, including two soldiers, and injuries to 21 passengers. The attackers fired from nearby hills, causing the bus to collide with a goods truck. Six people have been arrested in connection with the attack, according to a local police official as per Dawn. The bus (Number BLN 4647) was traveling from Gahkuch, the district headquarters of Ghizer, operated by K2 Travels, a private transportation company. This isn’t the first time passenger buses have been attacked on the KKH by terrorists. Unlike the past attacks, in which passengers from the Shia c...
The Differences And Similarities Between Kurta & Kurti

The Differences And Similarities Between Kurta & Kurti

Apparel and Fashion News, Events, Fast Fashion News, Global, Retail News
  Both hold prominence in cultural attire; however, distinct differences exist between them. Yet, they share commonalities that make them truly unique as well. As you explore this intricate fabric tapestry, comprised of long-held traditions and style elements, a better comprehension of these garments is unveiled. When you shop online for authentic Indian clothing, their importance is further made evident. These pieces include Kurtis for women’s wear and Kurtas for men‘s outfits. Differences in Material and Design When you compare a kurta and a kurti, the differences in design become evident. The former refers to a collarless, loose-fitting shirt that reaches above or below the knees. On the other hand, kurtis are garments with side slits that sit at waist level, exposing one...
Chinese manufacturers indicate fresh improvement in sector’s health

Chinese manufacturers indicate fresh improvement in sector’s health

Apparel and Fashion News, Fashion Tech News, Global, News
Chinese manufacturing firms indicated a fresh improvement in the sector’s health during November this year, according to the latest Caixin China general manufacturing purchasing manager’s index (PMI) data. The headline seasonally-adjusted PMI rose from 49.5 in October to a three-month high of 50.7 in November, signalling a renewed improvement in manufacturing conditions. Chinese manufacturing firms indicated a fresh improvement in the sector's health during November this year, according to PMI index data. A sustained rise in new orders helped to lift factory production for the third time in the past four months, albeit marginally. Supply chain performance meanwhile improved slightly for the second month in a row in November. A sustained rise in new orders helped to lift factory ...
J.MCLAUGHLIN HOLIDAY PICKS – Atlantic-Pacific

J.MCLAUGHLIN HOLIDAY PICKS – Atlantic-Pacific

Apparel and Fashion News, Blogs, Fast Fashion News, Global, Retail News
  November 28, 2023   I am back with one of my favorites…J.McLaughlin and we have a treat for all of you. Today through EOD Sunday, 12/3 get 20% off of full-priced items using the code BLAIR20 at checkout. How easy and fun is that?! I am sharing four new J.McLaughin looks with you below and I am also sharing my top five favorites from the brand for this season. MY TOP FIVE J.MCLAUGHLIN FAVORITES VIVIAN PUFFER Talk about a closet MVP. The Vivian is warm, slightly cropped and lightweight. It is the ultimate packable puffer and happens to be one of my favorite travel styles. The color offering this season is divine – don’t sleep on the metallic gold Vivian it truly goes with everything! You can see another way I styled it last year here! ...
Explore Bollywood Replica Suits for Every Occasion

Explore Bollywood Replica Suits for Every Occasion

Events, Fast Fashion News, Global, Retail News
  When it comes to fashion inspiration, Bollywood has always been at the forefront. The Indian film industry has had a significant influence on the fashion choices of people across the country. One of the most popular trends that have emerged from Bollywood is the replica suits. These stunning ensembles allow you to recreate the same glamour and elegance as your favorite Bollywood celebrities. In this article, we will delve into the world of Bollywood replica suits, exploring their significance in Indian culture, the different types available, tips for choosing the right suit for various occasions, and where to buy authentic Bollywood replica suits.   The significance of Bollywood fashion in Indian culture   Fashion plays a vital role in Indian culture, an...
Jumping Off The Page With Studio Kokaachi — From Comics To Credit Sequences

Jumping Off The Page With Studio Kokaachi — From Comics To Credit Sequences

Events, Fashion Tech News, Global
  Screen + Sound + Stage Text by Prachi Sibal. Photographs by Rose Tommy.   Tina and Pratheek Thomas at their workspace in their Kochi home. Tina and Pratheek Thomas were born on the same day, four years apart. And this is just one of the many coincidences that ties them together. Both storytellers at heart, the two first exchanged glances while furiously scribbling away in their individual notebooks on a train journey from Bengaluru to Kochi in 2010. At the time, she was writing a script for a television show, he was working on a comic book. They would get married in the following year. By happenstance, their small venture, a comic book publishing house, was launched on February 14, 2014. They called it Studio Kokaachi, after a not-so-beloved monster ...
Netherlands sees inflation rate rise to 1.6% in November 2023

Netherlands sees inflation rate rise to 1.6% in November 2023

Global, News
  The inflation rate in the Netherlands stood at 1.6 per cent in November 2023, a notable increase from October's rate of minus 0.4 per cent, according to the flash estimate of Statistics Netherlands (CBS). Despite the rise in the annual inflation rate, consumer prices in November actually decreased by 1.1 per cent compared to October 2023. This highlights that a higher inflation rate does not necessarily imply an increase in prices on a month-to-month basis.The influence of energy prices on inflation has been significant. In November, the inflation rate excluding energy was 4.1 per cent, a decrease from 5.1 per cent in October. Earlier in 2023, the inflation rate excluding energy and motor fuels had peaked at 8.1 per cent in February and March. The fluctuation in energy prices, p...