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  • Courtesy: The Children's Place The Children’s Place, Inc., the largest pure-play children’s specialty apparel retailer in North America, has consolidated key management roles. During the third quarter of fiscal 2018, the company successfully delivered positive comparable sales every month resulting in a positive high single digit for the quarter. The company operates 992 stores. "Over the past several years, we have made significant investments in support of our company-wide business transfo
  • Courtesy: Arvind A proposal by India’s Arvind Mills to set up its first plant outside Gujarat in Kuppam in Andhra Pradesh’s Chittoor district was recently cleared by chief minister N Chandrababu Naidu at a state investment promotion board meeting in Amaravati. Likely to start production in early 2020, the mill will offer jobs to 20,000. Some other proposals were also cleared. The plant will have a capacity to manufacture 24 million garments, primarily will produce denim jeans, annually, acc
  • Courtesy: Fulgar Fulgar is participating in the Textile Evolution- Made in Italy 4.0 expo. The leading textile expo is being held from November 16 to 28, 2018, at Fabbrica del Vapore space in Milan, Italy. Fulgar is a leader in man-made fibre market with the production and distribution of polyamide 6.6 and covered elastomers in the textile and technical sector. The area dedicated to Fulgar clearly shows the inspiration high-tech textile innovations provide for the new frontiers of an increa
  • Courtesy: DuPontDuPont Biomaterials has joined the Ellen MacArthur Foundation’s Make Fashion Circular initiative. Launched at the 2017 Copenhagen Fashion Summit, the initiative brings together leaders from across the fashion industry, including brands and NGOs for collaboration among key stakeholders to redesign their operating models and create a new textiles economy. "Everything we do effects our environment, so we’re committed to developing and marketing solutions that not only improve our
  • Courtesy: Mango Spanish clothing brand Mango will open new offices in Barcelona’s 22@ district in early 2019. The offices will have an area of between 800-1000 sq m and will house the company’s digital innovation centre whose aim will be to meet the growth targets set for the online business and also develop onmi-channel selling projects planned for the coming years. Initially, only a small part of the current headquarters team will transfer to the new offices, to which new personnel will be
  • Courtesy: Raymond Continuing with the transformation journey, Raymond Apparel Ltd, a wholly owned subsidiary of Raymond Ltd, has appointed Nirvik Singh as the non-executive chairman. Demonstrating the spirit of good governance and ensuring the business is being run professionally, chairman Gautam Hari Singhania has stepped down and paved way for Singh to take charge. Singh is a 27-year marketing and communication industry veteran and is currently the chairman & CEO, Asia Pacific, Middle
  • Courtesy: Grasim The net revenue from viscose staple fibre (VSF) business at Grasim Industries Limited during the second quarter of fiscal 2019 has been posted at ₹2,606 crore, a jump of 23 per cent as compared to the corresponding period in the previous year. The VSF business has reported quarterly production and sales volume of 137KT and 136KT respectively. EBITDA also increased 23 per cent to ₹576 crore during the second quarter of fiscal 2019. The share of the domestic sales
  • Around 17 firms have expressed interest to invest to the tune of ₹589 crore in the handlooms and textile sector in Odisha during the recent Make in Odisha Conclave 2018 in Bhubaneswar. Three textile parks will come up in the state at Dhamnagar, Chhatabar and Ramdaspur, according to state minister for handlooms, textiles and handicrafts Snehangini Chhuria. Shahi exports, which has a ₹50-crore stitching unit in the state, will invest another ₹51 crore to expand its unit. Whil
  • Courtesy: CrumplerIconic Australian baggage brand Crumpler has announced the expansion of its international distributor network in China and Taiwan in partnership with Sea to Summit and Hwa Yao Trading Co., Ltd respectively. With its growing portfolio, Crumpler Asia now has a retail presence in six stores across the continent and five distributors across six countries. "Asia is our fastest growing market outside of Australia, so increasing our distributor network and retailer presence in Chin
  • Courtesy: Arvind In the second quarter of fiscal 2019, Arvind Limited, one of the largest textiles, apparel and fashion players, has witnessed 15 per cent growth in revenue from garment division and 21 per cent growth in advanced materials division. EBIDTA improved at 24 per cent, partially driven by improvements in margins of advanced materials division.The company's branded apparel business reported revenue of Rs 1227 crore, a rise of 13 per cent and EBITDA climbed 20 per cent. Recently, t
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