MARKET & ECONOMY
The U.S. Cotton Trust Protocol welcomes new members Levi Strauss & Co, one of the most recognizable denim companies worldwide, and their legacy brands Levi’s, Dockers, Denizen by Levi’s, and Signature by Levi Strauss & Co.
Zippsafe is a Swiss company that has reinvented its lockers by replacing hard materials with smart textiles. The company now treats its products with the Polygiene ViralOff antimicrobial technology.
In a major move, Nandani Creation Limited, leading women ethnic wear company known and identified by its E-commerce and retail apparel brand JaipurKurti.com, has announced that it is planning to invest Rs 10 crores for offline expansion.
Igyne Fashion – Indian producer of kurtis, western and semi western tops, as well as other typical Indian traditional garments – has launched its first kurtis with Polygiene ViralOff antimicrobial technology.
In a major move, Nandani Creation Limited, leading women ethnic wear company known and identified by its E-commerce and retail apparel brand JaipurKurti.com, has announced that it is planning to invest Rs 10 crores for offline expansion.
Turkish textile firm Eruslu Nonwovens Group (ENG) has entered the biodegradable nonwoven market with Truetzschler Nonwovens’ machinery.
Due to the tensions between the US and China linger and tariffs, Guess is relying more on supplies from India and Bangladesh.
The PLI scheme of the Indian government aims to strengthen the domestic textile industry by offering incentives to the manufacturing and exporting of some textile products that are made up man-made fibre.
Welspun India Ltd has reported a rise in the consolidated net profit in Q1 due to strong sales. The consolidated net profit in the quarter ended June 30 is Rs 2.22 billion.