MARKET & ECONOMY​

The board of directors in the meeting has recommended a dividend of 120 per cent for the financial year 2017 18. The growth in domestic was satisfactory. Overall, companys business grew across all markets barring a few Asian countries.

Epson, and its subsidiaries, For.Tex. and Fratelli Robustelli, have appointed The Textile Engineers of Pakistan (TEP) to drive Monna Lisa digital textile printer expansion in the Pakistan market. TEP, established in 1949 as subsidiary of Platt UK, is a recognised supplier for a large number of important brands specialised in the industrial textile segment.

Formal wear brand Arrow is targeting over 20 per cent year-on-year sales growth in the next 4-5 years, and plans to open 55 exclusive brand outlets this fiscal to expand its footprint in tier II and tier III cities.