Ethnic wear brand, Soch has held talks with private equity (PE) funds, including L Catterton, Westbridge Capital and CX Partners, for a majority stake sale valuing the company at around $200 million.
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Xeros Technology, a developer and provider of patented polymer-based systems with multiple commercial applications, will focus on the textile sector for the development of its technology.
Bombay Dyeing and Manufacturing Company, the 137-year-old textile manufacturer with 25 company-owned stores and franchises across nine towns in Tamil Nadu, has big plans for the State focusing more on retail business.
Panama is a growing market for textiles and clothing products. Exports of Indian MMF textiles to Panama have been steadily growing during 2015-16. Panama is also a potential market for other textile products like apparel, cotton and silk etc. Panama imported around $2.38 billion of various textile products during 2015.
HeiQ displayed its range of products from home textiles at the Heimtextil 2017 expo, an international trade fair for contract and home textiles, which was held from January 10 to 13, 2017, in Messe Frankfurt, Germany.
Dibella, Germany has signed a partnership contract with “Cotton made in Africa†(CmiA) in time for the start of the Heimtextil Fair.
Hyosung, a manufacturer of specialty fibres from South Korea, participated in the Outdoor Retailer Winter Market 2017 held in the US from January 10 to 12 in a joint booth, with several South Korean small and mid sized companies.