LATEST NEWS
ColorJet India Ltd has bagged the ‘Rising Star of Asia’ 2016 award in the digital inkjet printer manufacturer category, at the Indo-ASEAN Global Investment Summit held in Bangkok, Thailand on September 17, 2016.
US home textiles manufacturer Madison Industries has signed an agreement with Kathy Ireland, a global design firm to design, manufacture and market slipcovers, table linens and kitchen textiles.
Yoga guru Ramdev-owned Patanjali Group plans to launch ‘swadeshi’ jeans by the end of this year or early next year.
The new FDM2 incorporates an independent operating system based on its own on-board processor with colour touch-screen. Results are instantly displayed in graphic and statistical form. The FDM2 incorporates flexible connectivity with data exportable by Ethernet to external networks and associated hardware according to local requirements. In addition, data can be easily transferred via a convenient SD storage card.
The cricketer hopes his new brand would be worth Rs 100 crore in the next three years. “It would be an athletic fashion clothing line for men, women and children. While 70 per cent would be men’s fashion the rest would be women’s. The brand foresees to close somewhere around Rs 25-30 crore in topline in the current financial year and we see it becoming a Rs 100 crore brand in three years,†said Singh.
The top 10 markets in the world for textile and apparel constitute for 48 per cent of India’s total textile and apparel exports. The current global apparel market is worth $1.7 trillion and it constitutes around 2 per cent of the world’s GDP. The European Union, USA and China are the world’s largest apparel markets with a combined share of approximately 54 per cent.
José Geraldes was appointed Managing Director by the Board of Directors of Spindelfabrik Suessen GmbH, Germany, with effect from July 1, 2016. With José Geraldes SUESSEN was able to engage a very experienced expert in the field of textile machinery. Working for Bosch in Stuttgart, his places of employment were in Homburg/Saar and in Brazil, where he was in charge for hydraulics/pneumatics and diesel fuel injection systems. After having returned to Stuttgart, he was active in the business domain new products in the sector of diesel injection pumps.
Organised retailing in India has undergone remarkable growth in last decade owing to favourable demographics, growing consumer aspirations and brand consciousness. Correspondingly, the fashion category has also undergone profound ransformation over the years in terms of type and positioning of brands, formats, products and emergence of new players. The depth and variety of fashion brands have taken a quantum leap in shopping malls across all the sub-categories including apparel, footwear bags and accessories.
COTTON USA, which promotes U.S. cotton, offered sourcing support to the fashion industry supply chain at the Texworld in Paris from September 12-15, 2016, in Hall 2 F137. COTTON USA provided visitors with comprehensive background information on responsibly-produced U.S. cotton, global cotton market developments, the findings of current market and consumer studies, and its ongoing licensing, marketing and sourcing programmes.