India’s GDP to grow by 10.1 per cent in FY2022 : ICRA
Domestic rating agency ICRA Ratings on Monday said it expects the country’s real gross domestic product (GDP) to grow by 10.1 per cent in FY2022....
Month : January 2021
Himatsingka Seide inks licensing agreement with Walt Disney for European region
Textile major Himatsingka Seide has entered into a licensing agreement with The Walt Disney Company for the European region to expand its global brand portfolio...
Kishore Biyani sees Fast Action Future’s $3.4 billion deal
India’s Future Group expects swift regulatory approval of its $3.4 billion deal to sell its retail assets, its chief executive said, even as its warring...
H&M: 50 STORES IN 5 YEARS
Opens new store in Bhubaneswar 50 stores in 5 years.. Yes H&M is mushrooming fast in India as it recently opened in Bhubaneswar. The brand...
MoT HIGHLIGHTS ACHIEVEMENTS OF 2020 IN A REPORT
Indian textiles ministry of the Indian government has recently released Year End Review for the year 2020. With development of a new industry valuing ₹7000...
NITMA Raises Deep Concern Over the Rise in import of Viscose Yarn
Levy the Anti-Dumping Duty on Polyester Spun Yarn Requested Expressing the sincerest appreciation, with regard to recommendation of DGTR to levy the anti dumping duty...
Vandewiele to Acquire Savio Group
Vandewiele has reached an agreement for the acquisition of 100% of Savio Group, that has several textile machine companies under its umbrella. Charles Beauduin, CEO...
70% of this brand sales coming online
Company Expects to see a baby boom in 2021, with searches for ‘new baby’ on its website up 274 per cent in December. Purchases made...
HUNT FOR NEW JCP CEO BEGINS
J.C. Penney is searching for a new CEO after its new owners Simon Property Group and Brookfield Asset Management Inc. decided to replace Jill Soltau....
Hohenstein Celebrates 75th Anniversary
Textile testing and research partner Hohenstein has reason to celebrate: this year marks the company’s 75th anniversary. Owner Prof. Dr. Stefan Mecheels is proud. “Our...