MARKET & ECONOMY​

International Textile Fair (ITF) Dubai will be held between 3-4 November 2014 at Dubai World Trade Centre, Dubai. ITF Dubai aims to be UAEs premier platform for fashion fabrics and clothing accessories.

The Lenzing Group has successfully initiated production at its new TENCEL-« jumbo production facility, the largest in the world, at the Lenzing site in Upper Austria. The plant is in the midst of a stable ramp-up phase. The feedback on the part of the market is very positive.

The Lenzing Group has successfully initiated production at its new TENCEL-« jumbo production facility, the largest in the world, at the Lenzing site in Upper Austria. The plant is in the midst of a stable ramp-up phase. The feedback on the part of the market is very positive.

Flipkart is planning to raise over $1 billion, the biggest ever fund-raising by an Indian e-commerce company. Half of the amount will come from existing investors Tiger Global, Russian billionaire Yuri Milner´s DST