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India-UK FTA talks to boost trade in textiles, leather, and footwear

22 October 2023, Mumbai

IN BRIEF

The bilateral free trade agreement (FTA) talks between India and the UK, which began in April 2023, are expected to conclude by the end of the year with a comprehensive deal covering more than 90 percent of goods and 40 percent of services. The FTA will benefit sectors like textiles, leather goods, and footwear, which face high tariffs in the UK market.

The FTA will also build on the existing trade relations between the two countries, which reached over $800 billion in 2023. India’s exports to the UK, which include petroleum products, medicines, diamonds, and wooden furniture, are estimated at $11.41 billion in the 2022-23 fiscal year.

The FTA will reduce the average tariff on Indian goods from 4.2 percent to zero or low levels, increasing India’s exports by nearly $5 billion.

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UKIndiaFTA

DTG Dhaka 2024

18 October 2023, Mumbai

IN BRIEF

Dates: February 1 to 4, 2024
Venue: Bangabandhu International Conference Center (BICC) in Dhaka, Bangladesh
Latest Technologies and Innovations in the Textile and Garment Industry
Apparel Manufacturing Machinery, Home Textiles, and Textile Industry Machinery.

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TextileMachinery

Benetton's AW23 collection

17 October 2023, Mumbai

IN BRIEF

Benetton's AW23 collection, designed by Mr. Andrea Incontri, is a functional and timeless celebration of the brand's heritage.

It features a new use of non-colors (white, black, and grey) and sustainable materials (eco-shearling, eco-leather, ecological cotton, recycled polyester, and recycled fake feathers).

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Benetton

Soch Apparels: New CMO appointed

18 October 2023, Mumbai

IN BRIEF

Deepak Mahnot is the new CMO of Soch Apparels, a top women’s ethnic wear brand.

He will head marketing, CRM, visual merchandising, PR, and customer experience, boosting Soch’s standing in the Indian ethnic wear market.

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SochApparels

CMAI Achievers Club: D2C brands' 300% growth strategies

17 October 2023, Mumbai

IN BRIEF

D2C brands reveal their secrets to CMAI Achievers Club: 

customer-firstexpertisepositioningsupply chaine-commerceexperiencequalityreturnssegmentationsocial mediastorytellingvisiondiscountshero productsnew arrivalsonline presencebranding and marketing.

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D2C

Trident Group: Income Tax Scanner

18 October 2023, Mumbai

In Brief

The Trident Group, a diversified business conglomerate, is facing extensive scrutiny by the Income Tax Department for alleged financial misconduct. The department is conducting nationwide raids as part of an investigation into the group's financial transactions and records.

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TridentLtd

Shoppers Stop; Post results

19 October 2023, Mumbai

IN BRIEF

Shoppers Stop's profit plunged 83.2% in the second quarter due to higher costs and lower demand, the company announced on Wednesday.

The department store faced a slump in sales as customers delayed buying clothes and other items for the holiday season.

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Benetton's AW'23 collection: Timeless fashion in non-colors

18 October 2023, Mumbai

Designed by Global Creative Director, Andrea Incontri, the AW'23 collection from Benetton is a fusion of functionality and timelessness.

This collection pays homage to the brand's prestigious legacy while introducing a new palette of non-colors, such as white, black, and grey. Benetton's dedication to sustainability is evident in its use of eco-friendly materials, including eco-shearling, eco-leather, ecological cotton, recycled polyester, and recycled fake feathers.

Range
In this collection, Benetton reclaims its role as a pioneer in everyday, original fashion. The knitwear showcases exceptional craftsmanship, featuring crochet, moss stitch, plain knit, and rib stitch in various colors, with cables and knots.

Symbols like rabbits and flowers, along with the brand's logos, prints, and stripes, define the Benetton identity for an Autumn/Winter season with a strong personality.
There's something in for everybody

The women's wear collection offers coveted items like puffer jackets, skirts, pullovers, and sweatshirts with all-over prints, from rabbits to stylized flowers and stripes.

Perfect geometries, circles, and stripes adorn fabrics like cotton, denim, and poplin, instantly conveying the essence of a Benetton piece.
For men, practical, incisive fashion prevails.

The knitwear range is a highlight, with plain knit sweaters, oversized fits, and washed sweaters featuring stripes and all-over jacquard. Denim and workwear play essential roles, offering elegance and practicality.
Sustainable clothing

The eco-friendly approach extends to accessories, adding to the overall impact of the collection. Eco-leather, cotton, and wool accessories, including bags, boots, scarves, and gloves, complete the range.

Benetton's AW'23 collection reflects impeccable craftsmanship, creating timeless wardrobe essentials.

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Benetton

Tim Hortons wins Superbrand award for F&B excellence

16 October 2023, Mumbai

IN BRIEF

Tim Hortons, a brand of AG Café and Apparel Group, received the Superbrand status at the Superbrands Award 2023.

The award honors 10 exceptional brands for their quality, value and customer satisfaction. Tim Hortons is a leader in F&B industry, offering products and experiences that appeal to consumers.

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