Century Textiles and Industries is looking to demerge its textile business and likely to merge it with Aditya Birla Fashion & Retail (ABFRL) to bring the entire textile and fashion business of the Aditya Birla Group under one roof.
Browsing: Industry Update
Steinhoff International has completed the acquisition of Mattress Firm Holding, the biggest US retailer of mattresses.
Jaipur-based entrepreneur Mohammed Arif Kagzi is looking to reverse the trend ? from online retailing to brick-and-mortar stores to sell premium women?s garments brand Kashana.
The Italian Chamber of Commerce in Vietnam (ICHAM) organised a technical seminar recently, focusing on the Italian garment and textile technology in Ho Chi Minh city.
Elbit Vision Systems Ltd, a global leader in the field of Automatic Optical Inspection (AOI), implemented in the production and quality control of textile fabrics and technical webs, has received orders totaling about $1 million from China.
In Shengze, offers for 32s polyester yarn fell US cents 3 a kg in the last week of August, and 45s were down on the week.
The Jharkhand Government has signed an MoU with Orient Craft for construction of two textile parks at a cost of Rs 1,500 crore on a 140-acre land.