European Commission President Ursula von der Leyen described the proposed agreement as potentially historic, noting that it could create a combined market of around two billion people and account for nearly a quarter of global gross domestic product.
Latest News
-
-
Its platform analyses individual preferences, lifestyle context, body-type indicators, budget considerations, occasions and a user’s existing wardrobe to curate complete outfit recommendations rather than individual items.
-
Recent meetings are being viewed as part of a broader effort to resolve outstanding trade issues and lay the groundwork for a more comprehensive and stable economic partnership between India and the US.
-
The demands come against the backdrop of a 50% tariff imposed by the United States on Indian goods, effective from 27th August 2025, which has had a severe impact on the textile and apparel sector.
-
His appointment underscores the increasing competition among fashion retailers to secure experienced leadership as the market intensifies across private labels, premium assortments and omni-channel strategies.
-
Industry sources said the decision would enable textile manufacturers to continue importing specialised, high-quality machinery essential for maintaining competitiveness and meeting evolving production requirements
