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...
Author : PS NewsDesk
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...
TURBULENT YEAR FOR T&A INDUSTRY
The Union Budget 2021, to be announced on 1 February 2021, is expected to be one of the most consequential Budgets post the COVID-19 pandemic...
SCM Garments P Ltd Achieves Top Exporter Award
Tirupur based SCM Garments has been conferred with the Top Exporter award in Textiles consecutively for the second time in terms of value for Knitted...
TUV SUD Appoints Niranjan Nadkarni As CEO Of South & South East Asia And MEA
Niranjan Nadkarni, the CEO for its South Asia region, will now be responsible for TUV SUD’s South& South-East Asia, Middle East & Africa Region. In...
Intertextile Shanghai Home Textiles to return in August 2021
Intertextile Shanghai Home Textiles – Autumn Edition will join forces with Intertextile Shanghai Apparel Fabrics – Autumn Edition, Yarn Expo Autumn, PH Value and CHIC...
10% Custom Duty on Man Made Yarns in the Union Budget 2021, appeals NITMA
Sanjay Garg, President NITMA has appealed for the urgent need of raising customs duty on man – made yarns to 10%, which is currently at...
UNIX’S NEW AVTAAR ‘UNIX PRO’
Higher quality & Low Maintenance Machines Launched Lately Unix Stitch Machines started endorsing its new avatar as ‘Unix PRO’ which will be offering more hi-tech,...