The Museum of Fine Arts, Houston to showcase heritage Indian weaves this summer
The Museum of Fine Arts, Houston will spotlight India's rich textile legacy in its summer exhibition "From India to the World: Textiles from the Parpia Collection." The showcase opens with a lecture by textile historian Rosemary Crill on June 22.
"This special exhibition highlights the newly acquired Parpia Collection- one of the most significant private holdings of Indian textiles outside India, assembled with deep regional knowledge and artistry," announced the Museum of Fine Arts, Houston on Facebook. The exhibition serves to raise India's profile in the global textiles sphere.
The exhibition features an extensive selection of Indian textiles spanning the 17th to early 20th century, drawn from the collection of Banoo and Jeevak Parpia, Glasstire reported.
Regarded as one of the most significant private collections of Indian textiles outside India, the Parpia holdings include intricately woven court silks, boldly printed cottons, detailed tie-dyes, and fine Ikats. The pieces reflect the technical expertise and regional diversity of Indian artisans, highlighting India's longstanding role as a global hub for textile innovation.
From India to the World traces the journey of Indian textiles across centuries and continents, from their trade along Asian routes to their high demand in Europe via Portuguese, Dutch, and British merchants. The exhibition builds on the museum's 2023 presentation Woven Wonders: Indian Textiles from the Parpia Collection, further cementing MFAH's role as a key institution for Indian textile heritage.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Euronews
2 days ago
- Euronews
Nike expects US tariffs to cost it $1bn and warns of falling sales
US sportswear company Nike closed a very poor fiscal year at the end of May 2025, as the industry continues to operate under geopolitical volatility and tariff uncertainty. Its full-year revenues were down 10% at $46.3 billion (€39.51bn), and its net income came in at $3.2bn (€2.7bn), down by 44% compared to the previous fiscal year ending in May 2024. The last quarter showed no better results; revenues were down 12% to $11.1bn (€9.5bn), and net income collapsed 86% year-on-year to $211 million (€180 million). 'Nike continues to slump, with its fourth quarter the worst in at least two decades,' Mamta Valechha, consumer discretionary analyst at Quilter Cheviot, said. 'Sales were down 12%, while its operating margin was a meagre 2.9%. The sales themselves had actually come in ahead of really low expectations, producing an earnings beat.' 'The results we're reporting today in Q4 and in FY25 are not up to the Nike standard,' Chief Executive Officer Elliott Hill said when announcing the latest results, adding that the company is working hard to reposition itself. The strategy includes lowering production in China, as US imports from the Asian country are currently facing 55% tariffs, according to the two countries' framework agreement, announced earlier in June. 'Currently, China represents roughly 16% of the footwear we import into the United States, and we expect this to reduce to the high-single digit range by the end of Fiscal 26, with supply from China reallocated to other countries around the world,' the CEO said. China's Ministry of Commerce on Friday said that the US and China had signed a trade agreement, although details had not yet been announced at the time of writing. Nike said on Thursday evening that it expected tariffs to come with an estimated $1bn (€850 million) extra cost in the current fiscal year. Concerning its performance, the group expects both sales and margins to keep declining in the current quarter, but at a slower pace. 'We expect Q1 revenues to be down mid-single digits,' Hill said. 'We expect Q1 gross margins to be down approximately 350 to 425 basis points. This includes approximately 100 basis points negative impact, due to the new tariffs, based on the rates that are in place today.' Quilter Cheviot's Valechha added: 'The share price rallied strongly in after-market trading as investors are beginning to expect a positive rate of change going forward…It has been a difficult period for Nike following the pandemic, and the threat of tariffs is simply not helping the situation for the company. 'Having a cleaner inventory and lower discounting will help, but ultimately Nike needs to produce new products that people want to buy, bringing about increased demand to help bring sales back to the company,' the analyst added. Nike shares were up by nearly 10% in after-hours trade in the US, following the announcements.
Fashion Network
3 days ago
- Fashion Network
H&M holds firm on US prices as Zara and Shein raise theirs amid tariffs
H&M is aiming to attract U.S. shoppers by keeping prices stable, while rivals Zara and Shein raise theirs in response to rising tariffs. The fast-fashion sector, heavily reliant on low-cost imports from China, Vietnam and other Asian markets, is under pressure as trade disruptions reshape sourcing strategies. H&M CEO Daniel Erver said on Thursday that constantly changing tariffs had created turbulence, with the world's second-largest listed fashion retailer planning for multiple scenarios. In an interview, he told Reuters that the challenge in the coming months is 'to understand the consumer sentiment, which we see has dropped in the U.S. due to all the turbulence... with the fact that some will be forced to raise prices more, and what [that creates] as an opportunity.' 'Different competitors are acting in different ways, some more aggressively, some more cautiously,' he added. H&M has around 500 stores across the U.S., its second-largest market after Germany in terms of sales, accounting for 13% in 2024. As U.S. tariffs drive up costs for retailers, pricing strategy has become a top priority for executives. The timing of any increases is critical, with companies closely monitoring competitors to see who will adjust first. For H&M, which is trying to improve its profitability, sticking to current prices for longer carries risks as rising costs eat into margins. However, it also provides an opportunity to take market share from rivals. 'Maybe they are going to raise prices in the U.S... but just to a lesser extent as compared to competitors,' Pareto Securities analyst Alexander Siljestrom said. H&M can also mitigate the tariff impact by shifting production of U.S.-bound clothes from China, which faces the highest tariff rate, to Bangladesh and elsewhere, he said. According to data from price-tracking firm Edited, the average U.S. price at H&M's bigger competitor, Zara, was up 28% this month from a year ago across categories including dresses, jeans, and shirts, while prices at H&M in the U.S. were, on average, down 3% year-on-year. Zara prices were up across the board in June compared to January this year, Edited found, while H&M has kept prices more or less stable, even though its Chief Financial Officer Adam Karlsson said in March that price hikes were likely to offset tariffs. Shein, which sends clothes directly to U.S. shoppers from factories in China, has also had to raise prices and suffered weaker customer growth since Trump ended the 'de minimis' duty-free treatment of low-value parcels. Sourcing from fewer, closer suppliers As it aims to improve its supply chain and get new styles to stores faster, H&M has spent the last 18 months consolidating its supplier base, Erver said, aiming to order more from a smaller number of large suppliers who also operate factories in multiple countries. 'We look at each individual order to decide what's the best sourcing market depending on the craftsmanship, the skills, the pricing situation, but also now more than ever, the geopolitical situation with trade barriers,' he told Reuters. 'That has led us in certain cases to take the decision to move things to different markets.' H&M also aims to be below full capacity with all of its suppliers, so it can easily increase production if needed when an item sells well, Erver said. As part of its 'nearshoring' strategy of sourcing products from suppliers closer to main consumer hubs, H&M is looking to increase its supplier base in markets like Turkey, Egypt, Jordan and Morocco for Europe, Erver said. H&M will also add suppliers in Brazil, where it is opening its first stores in the second half, he added.
Fashion Network
3 days ago
- Fashion Network
H&M holds firm on US prices as Zara and Shein raise theirs amid tariffs
H&M is aiming to attract U.S. shoppers by keeping prices stable, while rivals Zara and Shein raise theirs in response to rising tariffs. The fast-fashion sector, heavily reliant on low-cost imports from China, Vietnam and other Asian markets, is under pressure as trade disruptions reshape sourcing strategies. H&M CEO Daniel Erver said on Thursday that constantly changing tariffs had created turbulence, with the world's second-largest listed fashion retailer planning for multiple scenarios. In an interview, he told Reuters that the challenge in the coming months is 'to understand the consumer sentiment, which we see has dropped in the U.S. due to all the turbulence... with the fact that some will be forced to raise prices more, and what [that creates] as an opportunity.' 'Different competitors are acting in different ways, some more aggressively, some more cautiously,' he added. H&M has around 500 stores across the U.S., its second-largest market after Germany in terms of sales, accounting for 13% in 2024. As U.S. tariffs drive up costs for retailers, pricing strategy has become a top priority for executives. The timing of any increases is critical, with companies closely monitoring competitors to see who will adjust first. For H&M, which is trying to improve its profitability, sticking to current prices for longer carries risks as rising costs eat into margins. However, it also provides an opportunity to take market share from rivals. 'Maybe they are going to raise prices in the U.S... but just to a lesser extent as compared to competitors,' Pareto Securities analyst Alexander Siljestrom said. H&M can also mitigate the tariff impact by shifting production of U.S.-bound clothes from China, which faces the highest tariff rate, to Bangladesh and elsewhere, he said. According to data from price-tracking firm Edited, the average U.S. price at H&M's bigger competitor, Zara, was up 28% this month from a year ago across categories including dresses, jeans, and shirts, while prices at H&M in the U.S. were, on average, down 3% year-on-year. Zara prices were up across the board in June compared to January this year, Edited found, while H&M has kept prices more or less stable, even though its Chief Financial Officer Adam Karlsson said in March that price hikes were likely to offset tariffs. Shein, which sends clothes directly to U.S. shoppers from factories in China, has also had to raise prices and suffered weaker customer growth since Trump ended the 'de minimis' duty-free treatment of low-value parcels. Sourcing from fewer, closer suppliers As it aims to improve its supply chain and get new styles to stores faster, H&M has spent the last 18 months consolidating its supplier base, Erver said, aiming to order more from a smaller number of large suppliers who also operate factories in multiple countries. 'We look at each individual order to decide what's the best sourcing market depending on the craftsmanship, the skills, the pricing situation, but also now more than ever, the geopolitical situation with trade barriers,' he told Reuters. 'That has led us in certain cases to take the decision to move things to different markets.' H&M also aims to be below full capacity with all of its suppliers, so it can easily increase production if needed when an item sells well, Erver said. As part of its 'nearshoring' strategy of sourcing products from suppliers closer to main consumer hubs, H&M is looking to increase its supplier base in markets like Turkey, Egypt, Jordan and Morocco for Europe, Erver said. H&M will also add suppliers in Brazil, where it is opening its first stores in the second half, he added.
