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Welspun Living’s Q2 earnings increased slightly to Rs 202.4 cr.

Welspun Living’s Q2 earnings increased slightly to Rs 202.4 cr.

by HFT | Oct 28, 2024 | Home Fashion, Home Textile, Industry Updates

Delhi, New Delhi: Welspun Living Ltd., a key player in the home textiles industry, announced on Monday that its second quarter consolidated net profit, which ended on September 30, 2024, increased marginally to Rs 202.4 crore. According to a regulatory filing by...
Bangladesh is losing domestic textile exports to Pakistan

Bangladesh is losing domestic textile exports to Pakistan

by HFT | Oct 28, 2024 | Home Fashion, Home Textile, Industry Updates

In the home textile sector, Bangladesh has been having difficulty regaining lost work orders after a large portion of them moved to Pakistan over two years ago. The abrupt doubling of gas prices in Bangladesh and the notable depreciation of the Pakistani rupee in...
Customers want ease, whether it’s in-person or online

Customers want ease, whether it’s in-person or online

by HFT | Oct 28, 2024 | Home Fashion, Home Textile, Industry Updates

Raleigh, North Carolina — Customers of all ages prefer to purchase in-store, yet both online and in-person customers concur that convenience is essential. Customers of all ages had made most of their recent shopping journeys in person rather than on a computer or...
As Beyond Inc. seeks a transformative business strategy,

As Beyond Inc. seeks a transformative business strategy,

by HFT | Oct 25, 2024 | BRAND, Home Fashion, Industry Updates, Retail

Despite serving more clients, Beyond Inc.’s nameplates handled fewer orders and experienced a double-digit decline in revenue during the third quarter. The period ended September 30 saw a 16.6% decline in total net revenue to $311 million. Orders supplied...
Circana claims that spending experienced a pre-promotion

Circana claims that spending experienced a pre-promotion

by HFT | Oct 25, 2024 | Home Fashion, Industry Updates, Retail, Technologies

Although the time has changed, consumers are retreating ahead of expected sales later in the season, which hasn’t increased overall retail sales. Consumer behavior and trend tracker Circana reports that although U.S. retail spending is unchanged, consumers are...
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