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...
Author : PS NewsDesk
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...
SNV SHOPPE: THE VALUE RETAIL CHAIN FROM KOLKATA GEARING FOR HUGE SUCCESS
Kolkata-based More Group, Rs 1,000 crore conglomerate, has forayed into retail business for apparels with the launch of ‘SNV Shoppee’, an organised value retail chain...
AMERICAN EAGLE ACQUIRES LOGISTICS COMPANY AIRTERRA
American Eagle Outfitters recently acquired logistics startup AirTerra, a startup cofounded by a former e-commerce logistics authority at Walmart and Nordstrom. AirTerra combines packages from...
Sales bounce back at Macy’s & Kohl’s
Macy’s and Kohl’s raised their projections for 2021 after easily beating expectations in the just-ended second quarter. Macy’s expects sales for the year of between...