MARKET & ECONOMY
The textile and clothing industry has sought a uniform 5% Goods and Services Tax (GST) across the textile value chain.
Zalando, Europe’s leading online platform for fashion and lifestyle, invested in the circular fashion and textile technology group Infinited Fiber Company (IFC).
ABB has won a large-scale order for automation, electrification, quality control systems, motors and drives from Renewcell for its new industrial textile recycling production line in Sundsvall, Sweden. Renewcell is a fast-growing Swedish sustaintech company specialising in textile-to-textile recycling.
The U.S. Cotton Trust Protocol has announced the membership of PVH Corp, one of the largest global apparel companies. This membership will help PVH achieve its commitment to sustainably source 100% of its cotton by 2025.
Zalando, Europe’s leading online platform for fashion and lifestyle, invested in the circular fashion and textile technology group Infinited Fiber Company (IFC).
With a vision to be a fully integrated and globally competitive textile manufacturer, SVP Global Ventures Ltd, India’s largest compact cotton yarn manufacturer, is foraying into technical textiles.
Garments manufacturers in Bangladesh have breathed a sigh of relief as yarn prices started easing after rising to a high level.
PDS Multinational Fashions Limited, a design-led sourcing, manufacturing & supply chain platform catering to leading brands and retailers globally with a presence in over 22 countries, has appointed Raamann Ahuja as Group Chief Human Resources Officer (CHRO).
Professor Ravindra Adivarekar welcomed the audience and briefed it about the significance of the endowment, and the academic research accolades and visionary administrative achievements of Late Professor Nabar in consolidating and expanding the institutional standard at the global level.