MARKET & ECONOMY
GUESS, the global fashion brand, is relaunching its retail presence at the DLF Mall of India in Delhi-NCR. The brand has a legacy of around four decades in setting trends for apparel and accessories.
Altor Fund V has signed an agreement wherein it is going to acquire a majority stake in Oceansapart, a Rise Up Fashion GmbH.
As per the data, the turnover from the textile exports in Vietnam has hit around $19 billion in the first six months of 2021. This turnover is 20% up from the last year’s data.
The Noida Apparel Export Cluster has requested the government to ban the export of yarns and raw cotton so that more raw materials are available for the domestic apparel industry.
The producers of technical textiles who manufacture high-performance fabrics for outdoor clothing and other consumer and industrial applications can now use thermoplastic polyurethane due to Huntsman.
GUESS, the global fashion brand, is relaunching its retail presence at the DLF Mall of India in Delhi-NCR. The brand has a legacy of around four decades in setting trends for apparel and accessories.
ANDRITZ, an international technology Group, has received an order from Renaissance Textile. The order is related to the delivery of a complete recycling line for the company’s first recycling platform in France.
The vision to develop a policy for channelling the growth across all parts & parcels of textiles & apparels is the need of the hour. I am sure Mr Piyush Ji with your strategic approach & global vision we will see the industry soar higher & higher, says Avinash Mayekar, MD & CEO, Suvin Advisors.
Rieter posted an order intake of CHF 975.3 million, which corresponds to an increase of 289% compared to the previous year period (first half of 2020: CHF 250.7 million).