Mumbai-based private investment firm Alpha Capital has invested Rs 80 crore in women?s ethnic and casual wear label Shree, whose owner SHR Lifestyles will spend the money to expand its reach in existing markets and penetrate new regions, especially in south India.
Browsing: Textile Industry
The Lenzing Group is strengthening its position in sustainability in the textile industry. Lenzing, which is the world market leader in specialty fibres made from renewable material wood, will use blockchain technology to support its Tencel branded fibre business.
The LYCRA Company, a leading provider of fibre and technology solutions for the global apparel and personal care industries, announced it will officially open its new Advanced Textile Innovation Center (ATIC) in Nanhai, China on May 16.
Krea Technische Textilien has used Fespa to launch the Speedy Hybrid, its first textile substrate capable of undergoing both direct dye-sublimation and transfer printing.
Sympatex is now racing down the home stretch toward the finish line of a circular textile economy. The goal is to have within the next five years at least half of the raw materials necessary for its functional laminates.
A select group of Italian textile machinery manufacturers led an institutional and trade mission in late April in Thailand, organised by the Italian Trade Agency and by ACIMIT, the Association of Italian Textile Industry Manufacturers.
Bliss Impex has invested in four Durst Alpha systems – three Alpha 190 Reactive machines and one Durst Alpha 180 printer for polyester work – in a digital revolution that will double business volumes and turnover within five years.