MARKET & ECONOMY​

away from fashion stereotypes, real moments and real emotions are what life is all about! That is the message behind ‘Clothes for Humans’, the brand new United Colors of Benetton’s (UCB) product and marketing philosophy. Starting this summer, Clothes for Humans will be the unifying force behind three product lines, a global campaign, a brand new website and a series of in-store initiatives and materials, including the ‘magalog’, a hybrid between a magazine and a catalogue that will be distributed in Benetton stores worldwide.

Apparel Export Promotion Council (AEPC) has signed an MoU with the Tehran Garment Union (TGU), an influential manufacturers and retailers association with legislative power in terms of garment commercial affairs in Iran. The MoU signed during the recently-concluded 57th India International Garment Fair (IIGF) in New Delhi by Ashok G Rajani, Chairman, AEPC, and Mohamad Javad Sedghamiz, VP, TGU, will fuel efforts to promote bilateral trade and industrial cooperation in the textile and fashion sectors among Indian and Iranian partners.

SPGPrints has announced the sale of a six-colour PIKE® digital textile printer to the Dongheng Group, in Changzhou, Jiangsu province (near Shanghai), China. DHG wanted to expand its digital capabilities for a variety of reasons. First, it needed to offer greater service flexibility, meeting customer demands for both high-quality, short runs and faster lead-times.

Waste and environmental factors also influenced the decision to install the PIKE: with no need for screen preparation, minimal substrate waste, and lower water and energy usage, the PIKE met DHG’s requirements.

Danfoss and Sondex have announced an agreement for Danfoss to acquire full ownership of privately-held Sondex Holding A/S, a global leader in heat transfer technologies. Sondex develops, produces and markets heat exchangers, and the company represents an ideal match to the Danfoss Heating business segment. Thus the acquisition confirms Danfoss’ strategic focus on building leading positions and accelerating profitable growth. “Sondex is a well-performing company with a second-to-none heat exchanger expertize, which perfectly fits our ambition to further strengthen our position within heat transfer solutions.

Danfoss and Sondex have announced an agreement for Danfoss to acquire full ownership of privately-held Sondex Holding A/S, a global leader in heat transfer technologies. Sondex develops, produces and markets heat exchangers, and the company represents an ideal match to the Danfoss Heating business segment. Thus the acquisition confirms Danfoss’ strategic focus on building leading positions and accelerating profitable growth.

ColorJet Group, one of the largest manufacturers of digital inkjet printers in India, is participating in the Knit Show being held at Tirupur from August 7-9 and will be introducing its direct-to-fabric digital printing machines using water-based pigment inks aimed at green digital printing.

ColorJet will be showcasing samples printed on its best-selling direct-to-fabric digital printing machines; the METRO and VASTRAJET, which use the groundbreaking and environmentally friendly, water-based pigment inks.

HGH India 2016, the fifth annual edition of the trade show for home textiles, home décor, gifts and houseware, held recently at Bombay Exhibition Centre in Mumbai, had a 10 per cent rise in the number of trade visitors at 25,000, primarily retailers from 422 cities and towns covering all the States of India. The display in this trade show focused on home fashion trends for 2016-17. Over 450 leading Indian and international brands and manufacturers from 30 countries unveiled their innovations and new collections at HGH India 2016.

The CPM – Collection Première Moscow – which will be held from August 31 to September 3, 2016 in Moscow will present CPM, CPM kids, CPM Premium, CPM Accessories as well as Mode Lingerie & Swim Moscow. Collections from the 2017 Spring/Summer will be featured. CPM is also recording new country participations. Indonesia will be exhibiting for the first time with the designers Alleira, Itang Yunasz, Ardistia New York and Warnatasku.

Shri Vallabh Pittie Industries (SVP), a leader in polyester and cotton blended yarn inaugurated its Rs 450 crore new textile plant in Jhalawar in Rajasthan. The plant is fully automated with 1,00,000 spindles holding a manufacturing capacity of 22,000 tonnes per annum and is spread across 25 acres of area. After inaugurating the plant recently, Rajasthan Chief Minister Vasundhara Raje said, “We are committed towards forging partnerships that promote manufacturing and create employment opportunities in Rajasthan.”