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Apparel and Textile News

Arvind Forays Into Worsted Suitings Category

Gujarat based country's largest integrated textile and branded apparel company, Arvind Limited announced its entry into worsted fabric market with the launch of its premium worsted suiting brand ‘Primante’, which is a combination of Australian Merino wool and Italian design. "We sensed the demand for innovation in the premium suiting category and took on the challenge of bringing something novel yet luxurious to the Indian consumer,” Kulin Lalbhai, executive director,…
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Apparel and Textile News

Arvind Reports 18% Growth In Q1 Consolidated Revenue

Arvind Ltd. reported on Thursday 18 per cent growth to ,104 crore in first quarter of the current fiscal compared to ,787 crore in the corresponding quarter of the previous year. The company said consolidated EBIDTA is up 16 per cent at crore as against crore in the corresponding quarter of the previous year. Profit after tax before exceptional items grew by 27 per cent to crore as compared to…
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Apparel and Textile News

Arvind Selects Manthan For Retail Analytics

Arvind Lifestyle, a leading fashion retailer in India, has chosen Manthan Retail Analytics, one of the most advanced analytics and BI solutions, to transform its merchandising and in-store operations and deliver the ease and speed of descriptive, predictive, and prescriptive analytics. Arvind Lifestyle found Manthan's Retail Analytics to be the right fit for its immediate, short term and long term goals as it came prebuilt with ready-to-use dashboards, metrics, and…
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Apparel and Textile News

Arvind Joins ZDHC Programme

Textile giant Arvind Ltd has joined the Zero Discharge of Hazardous Chemicals (ZDHC) programme to eliminate the use of hazardous chemicals across its supply chains by 2020. Arvind is the first Indian company to join such a move. Another company to join the programme is TÜV Rheinland, a global provider of technical, safety, and certification services with its headquarters based in Cologne, Germany. 'We are happy to join the ZDHC…
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Apparel and Textile News

Arvind Plans To Raise Rs 500 Cr Via NCDs

Textile manufacturer Arvind Limited is planning to raise up to Rs 500 crore by issuing non-convertible debentures (NCDs) on a private placement basis. “In order to meet the financial needs, the company may make an offer of NCDs or invite subscription to NCDs on private placement basis in one or more for an aggregate amount not exceeding Rs 500 crore,” Arvind said in a notice for annual general meeting scheduled…
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Apparel and Textile News

Arvind Eyes To Double Its Revenue By 2020

Textile manufacturer Arvind Ltd’s e-commerce division Arvind Internet has launched , its first omni channel fashion strategy that will integrate its physical stores, online platform and warehouses, expects to garner 10 to 15 percent of its business from online sales in the next three to four years, company’s executive director Kulin Lalbhai said. Currently its brand revenue is Rs 3,000 crore and it expects this revenue to grow to one…
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