According to media reports, the famous fashion brand Ritu Kumar will give a 30% stake of its private equity firm Everstone Capital to Reliance brands which is the premium-to-luxury brands operator of Reliance Retail.

The Moroccan textile and apparel industry association AMITH joined ITMF in May 2021. ITMF was founded in 1904 and is the international forum of the global textile value chain.

At ITMA Asia 2021, visitors will learn how Stäubli solutions can boost weaving or sock-knitting performance and their overall mill efficiency.

Venator, a global manufacturer and marketer of chemical products, has come up with new liquid pigment masterbatch technology to whiten recycled PET fibres in a faster, efficient, and cleaner manner.

Zhejiang Huajiang Science and Technology Co., Ltd has placed an order with the Dilo Group for the web-forming and needling line to process glass and polypropylene fibre.

Oerlikon Nonwoven has commissioned a high-performance meltblown system with ecuTEC+ electro-charging unit at NOWOtex GmbH & Co. KG in Eichenzell, Germany.

Etsy is all set to acquire global fashion resale marketplace Depop and has signed an agreement in relation to the acquisition.

Loepfe will showcase its unique leads on both technology and performance, naming Yarnmaster PRISMA and Yarnmaster ZENIT at ITMA Asia 2021 which will happen from June 12-16th at Hall 8 – Booth C22.

Gucci, a luxury fashion brand of Italy, has launched its new collection of printed, silk, and linen kaftans inspired by Indian kurtas. The kaftans are designed with a traditional neckline and tassels.