NIKE Ropes in Shahi Exports to Operate Stores in Top Markets
Nike Inc has divided its franchisee rights in India into a tier system for different markets whereby it has brought in a subsidiary of apparel...
Month : September 2021
GRADO BY GBTL LAUNCHES NEW PRODUCTS AT THE DELHI CONFERENCE
GRADO by GBTL, recently launched new product offerings at the ITC Dwarka, New Delhi. The conference witnessed all channel partners from across India. The 4-day...
BIG NEWS FOR THE TEXTILE INDUSTRY AS GOVT APPROVES PLI SCHEME TO OUTLAY RS 10,683 CR IN NEXT FIVE YEARS
“The government’s approval of the PLI scheme for the textile industry led by Prime Minister Narendra Modi ji will further strengthen the foundation of a...
Lectra Acquires Gemini CAD Systems
Lectra announces the signature of an agreement to acquire the entire capital and voting rights of the Romanian company Gemini CAD Systems. A major global...
HOME TEXTILE SECTOR AGAIN POISED FOR STRONG GROWTH
Indian home textile exporters are again poised for robust performance in fiscal 2021-22 due to several factors, including pandemic-induced lifestyle changes and rise in stay-at-home...
Page Industries posts Q1 net profit of Rs 11 crore
Apparel manufacturer Page Industries Ltd (PIL) reported a net profit of Rs 11 crore ($1.4 million) for the first quarter ended June 2021, as against...
GOVERNMENT CONSTITUTES A COMMITTEE FOR DOUBLING THE PRODUCTION OF HANDLOOMS
The Government has constituted a Committee headed by Sh. Sunil Sethi, Chairman, Fashion Design Council of India (FDCI) New Delhi, , in pursuance of the...
India’s GDP growth accelerates to record 20.1% in Q1
The jump in GDP numbers is mainly due to a weak base last year and also a rebound in consumer spending during the quarter India’s...
DONEAR GROUP ACQUIRES MAYUR BRAND
DONEAR Group has announced the acquisition of MAYUR Fabrics and PV Suiting Global distribution network from RSWM. This move will solidify DONEAR Group’s comprehensive product...
Zünd Connect: Automatic Production – Monitoring
Zünd Connect compiles production data from integrated Zünd cutting systems into meaningful key performance indicators, such as cutter c’[;pm/overall equipment effectiveness. Zünd now offers Zünd...