H&M: 50 STORES IN 5 YEARS
Opens new store in Bhubaneswar 50 stores in 5 years.. Yes H&M is mushrooming fast in India as it recently opened in Bhubaneswar. The brand...
Tag : apparels
MoT HIGHLIGHTS ACHIEVEMENTS OF 2020 IN A REPORT
Indian textiles ministry of the Indian government has recently released Year End Review for the year 2020. With development of a new industry valuing ₹7000...
Vandewiele to Acquire Savio Group
Vandewiele has reached an agreement for the acquisition of 100% of Savio Group, that has several textile machine companies under its umbrella. Charles Beauduin, CEO...
DOLLAR INDUSTRIES COMMISSIONS 4MW SOLAR PLANT IN TIRUPUR
Dollar Industries Limited, one of the leading apparel brands in India, has commissioned a 4 MW solar power plant at its facility in Tirupur. The...
India to Gain Market Share in the US; as China gets on an Edge
The year 2019 witnessed around Rs 20,000-crore market share loss for China in the apparel segment alone and post-COVID- 19, the declining trend has been...
USD 10bn opportunity in the US markets for India….
Indian Texpreneurs Federation (ITF) recently said that since the Chinese share in US apparel is declining from 2018, the Indian apparel clusters can take advantage...
INDIA TO GAIN BENEFIT WITH BUSINESS MOVING AWAY FROM CHINA
India is emerging as one of the preferred destination for International garment companies to shift their base from China. The international garment firms are now...
The Lenzing Group Announces Q1 Results
The Lenzing Group, producer of specialty fibres, has announced its first half (H1) results for fiscal year 2020. Revenue during H1 FY20 ended on June...
Birla Cellulose launches Liva with added protection of Antimicrobial
Liva, the fashion ingredient brand from Birla Cellulose, part of Grasim launched antimicrobial fibres that not only kills viruses and bacteria but also inhibits their...
Branded apparel makers post higher Q2 profit
Although rural economy is in distress, the branded apparel makers posted higher profits in the September quarter. It is a result of the reduced raw...