Textile company Century Textiles’ Q3 net profit reach Rs. 88 Cr
India-based Century Textiles and Industries, involved in the manufacturing of cotton textiles, yarn, denim, viscose filament rayon yarn, has witnessed a standalone net profit of...
Retail in 2019: USA to lose its No. 1 retail spot to China
According to eMarketer’s latest worldwide retail and e-commerce forecast, China is set to become the Number 1 retail market in 2019, surpassing the United States...
Sri Lanka eyes US $ 8 BN in garment exports
After surpassing US $ 5 billion in export earnings in 2018, Sri Lanka’s apparel sector targets US $ 8 billion by 2025. Apparel export in...
Fibre producer Lenzing tops sustainable wood sourcing chart
Lenzing, a Austrian fibre manufacturer, has been rated as the top producer of wood-based fibres out of 31 companies globally with respect to responsible procurement...
Fashion Update: Lucky Brand CEO joins denim icon Guess
Lucky Brand, an American denim company, has announced that its Chairman & CEO Carlos Alberini is leaving the company. He will be joining Guess Inc....
Textile Ministry and textile companies collab to support weavers
India’s Union Ministry of Textiles has signed agreements with top textile companies like Raymond, Welspun, Titan, Reliance Retail and Sachin Tendulkar-led True Blue. These players...
Textile manufacturer to invest Rs. 500 Cr in capacity expansion
Pallavaa Group, an Indian textile manufacturer based in Tamil Nadu, is planning to invest Rs. 500 crore in the next five years to expand its...
Textile company Raymond joins B2B e-commerce race but for a different reason
Raymond, India-based textile & garment company, is mulling to enter the B2B e-commerce world. The aim is to hook up retailers and dealers in the...
India’s V2 Retail Limited Q3 profit jumps 73%
India-based fashion retailer V2 Retail Limited’s net profit jumped 73 percent to Rs. 24 crore for the third quarter ended December 2018. For the third...
Technical Textiles Conclave in Maharashtra (India) on January 29
A national conclave on technical textiles will be held in Mumbai, Maharashtra on January 29, 2019. The conclave will be presided over by Union Textiles...