MARKET & ECONOMY
A German astronaut from ESA will be among those on board the International Space Station (ISS) who will be carrying out about 40 experiments.
Sanjay Lalbhai-controlled Arvind has finalised a deal to buy out 49 per cent stake jointly held by the Murjani Group and the US-based private equity fund Matrix Partners in Calvin Klein India for close to Rs 100 crore.
SizeITALY, the representative Italian serial measurement survey programme, is a joint project of the Human Solutions Group, several partners from the Italian apparel industry and Sistemi Assyst,
Indian Clothing League has raised Rs 50 crore funding from mid-market private equity fund ASK Pravi PE Opportunities Fund to carry out its manufacturing and retail expansion plans
Arvind Goodhill Suit Manufacturing (P) Ltd, a joint venture between Arvind Ltd and Goodhill Corporation of Japan, announced launch of formal suits very recently.
Sisley debuted its new concept store in Berlin, the first-of-its-kind worldwide. The shop, at 12 Neue Schönauser Strasse, is in a highly prestigious location among some of the most exciting retailers in the citys Mitte neighbourhood: 14 oz and The Kooples.
Womens western wear accounts for 25 per cent of the Rs 78,500 crore womens wear market, as per a 2012 report by consulting firm Technopak Advisors.
The Indian weaves are gradually gaining momentum not only on the global fashion map but also among fashionistas within the country.
In a continuous effort to promote wool as a trans-seasonal fibre in India, The Woolmark Company and Raymond have entered into a partnership to launch a complete new Cool Wool collection for Indian customers.