MARKET & ECONOMY​

The textile division of Reliance Industries Limited recently opened an office for its Only Vimal Sarees brand in Surat – the biggest market for sarees and dress materials in the country.

The Turkish Suteks Group, which acquired the Dutch Braez brand two years ago, is preparing to bring the clothing retailer to Turkey, according to Founder, Nur Ger. Ger, who belongs to a family well-rooted in the business, is the owner of Braez, which has 250 stores abroad, together with other Turksh brands.

KARL MAYER founded a new enterprise on November 3, 2017. The company’s name is KARL MAYER Digital Factory GmbH with registered office in Frankfurt/Main. For KARL MAYER digitisation is an important success factor.

Despite facing difficulties, the garment and textile sector in Vietnam is expected to export products worth $31 billion this year, a year-on-year increase of 10.2 per cent, and the outlook is bright for next year too, the Viet Nam Textile and Apparel Association (VITAS) has said.

SATVA Living and MultiFit come together for a fit, fashionable and pure way of living this festive season. SATVA Living is founded on a belief that ‘organic and recycled clothing means being mindful’; and MultiFit – India’s fastest growing functional fitness brand is based on the idea that ‘fitness should extend beyond dumbbells and machines’.