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Salona Cotspin in Garment Business

Salona Cotspin Limited, which specialises in producing 100 per cent cotton combed hosiery yarn and compact yarn with count ranging from 20s to 40s, has announced that it will enter into garment business. The Tamil Nadu based company currently has 24,336 spindles at its state-of-the art spinning unit located in Pungampalli village of Erode district. "The company has decided to enter into garment business within the textile sector apart from…
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Apparel and Textile News

India Beach Fashion Week in Goa from March Six

Asia's biggest resort-wear fashion event, ‘India Beach Fashion Week (IBFW), fourth edition’ will be held at Panjim, Goa from March Six. The event will be packed with innovative shows, networking arenas, music stages and experiential lounges and is expected to be attended by the ‘most stylish people’. Attached to the India Beach fashion week is also the concept of destination bride; which is another big category dedicated to destination wedding…
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Apparel and Textile News

Focus on Branded Business to Scale up Raymond

The Raymond Group, owner of leading brands such as Raymond, Park Avenue, Parx and Color Plus, is looking to aggressively scale up its branded business with focus on a franchisee-led, asset-light model. “We will certainly grow at over 20 per cent in our branded apparel business and will reach the double-digit EBIDTA margin in the next 12-24 months,” Sanjay Bahl, group CFO, Raymond said. Currently, the branded business is barely…
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Apparel and Textile News

IHB is revamping Indian Handloom

‘India Handloom Brand’ (IHB), an initiative of textile ministry, is branding of high quality handloom products with zero defects and zero effect on the environment. The brand seeks to differentiate high quality handloom products and help in earning trust of customers by endorsing their quality in terms of raw materials, processing, embellishments, weaving design and other quality parameters. While the brand’s products are available in various state-run boutiques and outlets…
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Apparel and Textile News

Khadi Gaon by KVIC to Boost Rural Products

The Khadi & Village Industries Commission (KVIC) is initiating a project named ‘Khadi Gaon’ in each states to scale up employment in rural areas and also push khadi and village industries products from these regions. This was revealed by the Commission’s chairman, Vinai Kumar Saxena on the sidelines of a two-day KVIC workshop held in Ahmedabad. “Under the project, KVIC will choose individuals who are interested in being self-reliant by…
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Apparel and Textile News

Fynd Goes International Expansion

E-commerce platform ‘Fynd’ which plans to expand to Southeast Asia, including the Philippines, also acting on expansion beyond clothing, footwear and accessories to children’s wear, decor and furnishing. Fynd offers same- or next-day delivery in eleven cities in India, and has tied up with about 250 brands. Its platform is both app- and webpage-based. This month Fynd deployed an omni-channel in-store product, Fynd Store, that lets customers browse all products…
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