LATEST NEWS

Sobel Westex, a designer, manufacturer, and distributor of linen and terry, will acquire Baltic Linen Co Inc, a supplier of bed and bath textiles for retail, cruise lines, healthcare, and hospitality industries.

Lux Industries is planning to enter the woman’s lingerie category to drive better margins in the hosiery segment. The company will be extending its woman’s legging brand Lyra into lingerie and pitting itself against domestic players like Lovable in the mid-market segment.

The Southern Gujarat Chamber of Commerce and Industry (SGCCI) is all set to develop first-of-its-kind mega textile park on 70 lakh sq m of land owned by the state government at Pinjrat in Olpad taluka of Surat district, Gujarat with an initial investment of Rs 1,500 crore.