GHCL’s demerger gets a nod from Shareholders and Creditors
GHCL, India’s leading Chemical & Textile Company, announced that the secured creditors have approved the scheme of demerger of GHCL’s Inorganic Chemicals and Textile businesses....
Author : PS NewsDesk
SOWTEX DESIGN LAB A BIG STEP TO REDUCE SAMPLING TIME
Sowtex Network Pvt. Ltd., an online platform for fashion, apparel and accessories has entered into collaboration with U.S.-based Tukatech Inc., a fashion technology solution firm,...
Retailers and traders Now in MSME sector, Associations Concerned
In a longstanding demand from retail and trade industry associations, Minister of MSME Nitin Gadkari last week reinstated the status of retailers and wholesale traders...
FAST FASHION MENACE NOT HANDLED BY UK GOVT?
According to new research commissioned by Hubbub claims the UK Government has ‘failed to tackle fast fashion’. The research found there has been a ‘lack...
PIYUSH GOYAL IS THE NEW TEXTILE MINISTER
After the reshuffling of Cabinet was done the textile ministry was handed over to Piyush Goyal. Taking charge of the textile ministry, he said the...
RBI EXTENDS THE INTEREST EQUALISATION SCHEME
The Reserve Bank of India (RBI) extended the validity of the interest equalisation scheme (IES) for pre-and-post-shipment rupee export credit for three months till September...
Circular fibre innovation-Focal Point H&M, Bestseller & Adidas
A number of major clothing names have taken part in the latest funding round for Infinited Fiber Company (IFC) with the business having raised €30...
Uniqlo Gets into production with new ‘made in Tokyo’ line
Uniqlo is now focusing on its first made-in-Tokyo clothing, a limited release heralding a new design process and business model for operator Fast Retailing. The...
PUMA CREATES SUSTAINABLE FOOTWEAR STYLES USING SUGARCANE AND RECYCLED MATERIALS
Puma announced that by 2025, nine out of ten PUMA products will be made of more sustainable materials. As part of this commitment, they will...
WILL THE NEW PACKAGE BY FM SAVE APPAREL INDUSTRY?
Finance Minister Smt Nirmala Sitharaman announced a Rs 6.29 lakh crore stimulus package for economic relief and growth. In the package the Minister has announced...