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ITAMMA organising textile workshop in Ludhiana

Indian Textile Accessories and Machinery Manufacturers' Association (ITAMMA) will organised a workshop on 'creating an ecosystem for innovation and technology development in textile industry' in association with Northern India Textile Mills Association (NITMA) and Federation of Industrial and Commercial Organisation (FICO) tomorrow from 2 pm to 5 pm at Hotel Park Plaza, Ludhiana. The workshop will also organize a product-cum-catalogue show. Company spokesperson said that it would be 19th product-cum-catalogue…
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Apparel and Textile News

Adidas Group reported a rise in net profit to Rs 113 cr

0n the back of consistent good performance German sportswear company, Adidas Group which includes both Adidas and Reebok brands has posted an exponential rise in net profit in its India business to Rs 113 crore for the financial year 2016-17 ending March 31, 2017, across its popular categories such as running, training and football. The group during the same period last year had posted a profit of Rs crore. This…
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Apparel and Textile News

Double Production Capacity by Jockey India

In the next three years Jockey India, innerwear brand plans to double its production capacity to 400 million pieces per annum, company’s senior executive said. The brand currently has 17 production units in Karnataka. "As the brand expands in the country, we are looking to increase production. We are looking to double our production capacity from current 200 million pieces per annum to 400 million pieces by 2020," Page Industries,…
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Apparel and Textile News

Yarn Expo to have special emphasis on eco-friendly products

Yarn Expo, the leading yarn and fibre business platform in Asia is organised during October 11-13 in Shanghai and will have a special focus on green products with a number of yarn and fibre manufacturers displaying their innovations to seek buyers. The event will host around 500 global yarn suppliers from 13 countries and regions. Yarn Expo Autumn is organised by Messe Frankfurt (HK), the Sub-Council of Textile Industry, China…
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Apparel and Textile News

Puma to open only ‘Forever Faster’ stores in India

Puma, German sports lifestyle brand plans to open only premium 'Forever Faster' retail stores in India closing their older retail stores concept. "We are now opening only Forever Faster store In India, the latest version of our retail stores. This is the concept we have decided to invest in now onwards," Abhishek Ganguly, managing director of the company said. Puma had launched the first 'Forever Faster' store in the country…
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Apparel and Textile News

GAP Inc. to shut 200 Gap and Banana Republic Stores

The US-based apparel retailer, GAP Inc. has been reducing its store numbers from last few years and it is planning to close more of its underperforming Gap and Banana Republic stores. The company currently have around 2,000 Gap and Banana Republic stores globally and is likely to close around 10 per cent of them. Both Gap and Banana Republic brands have been struggling to cope with the declining sales in…
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