Lectra enters into a Memorandum of Understanding to acquire Gerber Technology
Lectra plans to acquire the entire capital and voting rights of US-based Gerber Technology. A key Industry 4.0 player in the fashion, automotive and furniture...
Author : PS NewsDesk
SEVEN TEXTILE PARKS TO BE DEVELOPED AS PER NTP
Will boost Indi’s Position as Competitive Exporting Hub The parks would come up on an area of 1,000 acres of land In a big...
Uniqlo ties up with Musée du Louvre in Paris
Uniqlo entered into a four-year partnership with Musée du Louvre in Paris that will see the Japanese fashion giant produce lines of clothing together with the museum, as...
Kothari Group sells Punjab mill to Cedaar Textile
KOLKATA based Kothari group has executed an agreement for sale of its North India Spinning Mill (NISM) unit. The sum received from the sale is...
Fashion for Good partners with Arvind Limited
Fashion for Good has joined forces with textile manufacturer Arvind Limited to launch a two-year pilot project utilise resource-efficient cotton farming technology provided by Materra...
JEANS AIRBAG TECHNOLOGY THAT IS CREATING NEW BENCHMARKS
A new patent-pending jean that may help protect motorcyclists in the event of a crash is underway. Airbag Inside Sweden AB recently bowed a prototype...
H&M profits Decrease by 88.2% to £174.4m in the year to November 30, 2020
H&M said its financial position “remains strong” despite the losses The fashion retailer saw profit collapse by 88.2 per cent during the year to November...
Mimaki USA Launches New Textile Printers
TS100-1600 sublimation transfer inkjet printer and Tiger-1800B Mk III, a high-speed textile inkjet printer. Mimaki USA, a provider of wide-format inkjet printers, launched two inkjet...
FM ANNOUNCES SEVEN MEGA TEXTILE PARKS
APPROVAL for PLI of MMF GARMENTS FOR TEXTILE SECTOR IN BUDGET On 1 February 2021, FM Nirmala Sitharaman presented her annual budget. The industry was...
BANGALDESH WINS SUIT AGAINST SEARS
Amid the COVID-19 pandemic a Bangladeshi readymade garment (RMG) manufacturers — battered by the pandemic and the unethical business practices of Western clothing giants have...