Apparel and Textile News Events and Exhibitions News

150 Exhibitors Participate In Techtextil India Show

A three-day Techtextil India exhibition for the technical textiles and non-woven industry was inauguration by textile commissioner Kiran Soni Gupta Mumbai today. She said on the occasion that Technical Textile is at a promising growth stage and expected to grow at a rate of 20 per cent annually to touch 30 billion US Dollar over […]

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September 25, 2015
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Apparel and Textile News Apparel Brands and Companies

Siyaram’s Joint Venture With Italian Brand Cadini

Domestic textile player Siyaram Silk Mills announced joint venture with leading Italian lifestyle brand ‘Cadini.’ “We have entered into joint venture with leading Italian lifestyle brand Cadini. We have bought ownership rights to manufacture and market Cadini brand for its fabric segment in India, Sri Lanka and few other countries in Middle East,” Siyaram Silk […]

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September 25, 2015
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Apparel and Textile News Global News

Strong Growth By H&M

Swedish fashion retailer H&M AB said its third-quarter sales grew nearly 20 per cent as the company grabbed more market share, with plans for further expansion. Net profit remained flat at 5.30 billion kronor largely because of increased costs caused by a strong dollar, while revenue surged to 46 billion kronor from 38.8 billion a […]

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September 25, 2015
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Apparel and Textile News Retail News

Consumers Turning To Online Shopping For Discounts

Most companies are finding it tough to maintain their discounted factory outlets as consumers are increasingly turning to online shopping due to the lure of bigger discounts. Megamart from Arvind Brands, for instance, recently rebranded its large format stores that have been struggling to shed their ‘discount format’ image. Bengaluru-based discount-led garment chain Coupon was […]

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September 25, 2015
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Siyaram, OCM Enter Ethnic Women’s Wear Segment

Siyaram, and OCM, traditional textile giants with focus on menswear are now marking their entry into the ethnic women’s wear segment with target audience women in the 25 to 30 age group having disposable income in excess of Rs.50, 000. Siyaram, the first mover, with its ‘Siya’ brand, Delhi-based OCM has roped in Pakistan’s designer […]

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September 24, 2015
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Apparel and Textile News Retail News

Partnership Between Shoppers Stop And FreeCharge Wallet

Large format retail chain Shoppers Stop has entered into partnership with wallet services provider FreeCharge, which is part of e-commerce major Snapdeal. As part of the partnership, Shoppers Stop’s customers will have the option to use their FreeCharge wallet to make payments across all Shoppers Stop stores in the country as well as on the […]

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September 24, 2015
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Adidas Biggest Brand Centre Launched

Athletic footwear and apparel major Adidas recently opened its biggest Brand Centre in Bengaluru, spanning at 5,000 square feet over two floors, the company in a release said. The Brand Centre brings together cutting edge sportswear and sports inspired street wear label under one roof, taking the Adidas retail experience to a whole new level. […]

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September 23, 2015
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Apparel and Textile News Ministry of Textiles News

Exchanges On Technical Textiles Between India And US

India and the US have agreed to facilitate exchanges on technical textiles between centres of excellence in India and US universities, a joint statement issued at the end of first-ever India-US Strategic and Commercial Dialogue (S&CD) said. Addressing a joint press conference, India’s commerce and industry minister Nirmala Sitharaman said, “A small beginning has also […]

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September 23, 2015
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Apparel and Textile News

Rajan Backs Bank Loans For MSME

RBI governor Raghuram Rajan has said that lending to micro, small and medium enterprises ( MSME ) entrepreneurs particularly in the e-commerce space makes a strong business sense for the banks in the changing dynamics of the economy. “Lending to MSME entrepreneurs, especially in e-commerce space makes a strong business case for the banks given […]

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September 23, 2015
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Apparel and Textile News Global News

India, Topmost Global Cotton Producer

India will lead in production of cotton in 2015-16, and it will surpass China as the top producer this season, according to the latest US Department of Agriculture (USDA) estimates. While yields in India remain well below the world average, the country is forecast to produce 29 million bales in 2015-16 or 27 per cent […]

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September 23, 2015
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Kamal Haasan To Endorse Textile Showroom Brand “Pothys”

Actor-filmmaker Kamal Haasan will, for the first time in his career, endorse textile showroom brand ‘Pothys’. An advertisement for the same may be shot in Chennai this week. It will be a two-minute long advertisement and is likely to go on air very soon,” a source from the production team said. In a career spanning […]

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September 22, 2015
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Apparel and Textile News Apparel Brands and Companies

50 Crore In Nandan Denim By Polus Global

Nandan Denim Limited (NDL) will issue 25 lakh fully convertible warrants to UK-based foreign institutional investor (FII), Polus Global Fund to raise a total of Rs 50 crore. In a press release, India’s second and world’s fifth largest integrated denim fabric producer said the warrants will be converted into equity shares at Rs 200 per […]

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September 22, 2015
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384 Views

GeM-CSC Partnership Expands Government Procurement Access

Sai Lax Corporation Strengthens Its Presence In Indian

Dinesh Garments Strengthens Its Position In Indian Kidswear

Agra Hosts BRICS MSME Forum To Advance Sustainable

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