Courtesy: Pexels Of the surveyed, 75 per cent of the consumers in the United States (US) are value-conscious shoppers as they prefer buying clothes from discount retailers, says a recent study by the National Retail Federation (NRF). Regardless of age or income, virtually everyone wants a bargain whether it’s for everyday necessities or big-ticket splurges. The survey of more than 3,000 US adults found that 89 per cent said they shop at various types of discount retailers. Of those, 58 per c

Courtesy: Eurojersey Eurojersey, the leading manufacturer of warp-knit Sensitive Fabrics headquartered in Italy, has launched a new swimwear collection for 2020, designed to let thoughts flow free and unfetter the imagination. The Spring Summer 2020 season is characterised by original and creative themes, ideal for adding verve to a contemporary concept of femininity. High performing sensitive fabrics give each swimwear garment an impeccable fit along with a high resistance to the effects c

Flipkart’s subsidiary Instakart Services Pvt Ltd will set up a logistics hub at the Haringhata Industrial Park in West Bengal’s Nadia district, according to the state’s finance minister Amit Mitra. The proposed hub, with an investment proposal of around ₹991 crore, would be established within two-and-a-half years, Mitra recently said in Kolkata. To be set up on 100 acres, the project is expected to provide direct employment to more than 18,000, a news agency report quoted the minister

The Indian finance ministry has refuted claims by the Federation of Indian Export Organisations (FIEO) that ₹220 billion worth goods and services tax (GST) refunds is stuck, saying the figure is exaggerated and inaccurate as ₹711.69 billion worth such refunds have been disposed off till now. It asked export bodies to refrain from putting out ‘unsubstantiated’ claims. Refund claims are being cleared expeditiously and such unsubstantiated’ claims are causing ‘needless alarm’ among

Courtesy: EFI Arrow Digital has recently installed the high speed state of the art EFI Reggiani Renoir Next 340 at Macromedia Digital Imaging, Hyderabad. Macromedia has installed the Reggiani to cater the digital soft signage and textile demands of corporates and high profile customers. Macromedia is a leader in providing complete end-to-end out of home (OOH) solutions. “We have added the Reggiani to our portfolio to fulfil the ongoing soft signage demands and to extend our portfolio to exh

Courtesy: Parker Burchfield on Unsplash India’s annual rate of inflation, based on monthly wholesale price index (WPI), stood at 5.13 per cent for the month of September 2018 over same month of last year. The index for apparel declined by 0.4 per cent to 138.6 in September, according to the provisional data released by the Office of the Economic Adviser, ministry of commerce and industry.The official WPI for all commodities (Base: 2011-12 = 100) for the month of September 2018 rose by 0.7 per c

Around 130 Italian companies from ACIMIT are taking part in the ongoing ITMA Asia + CITME 2018 expo, at the Industry Information Hub – Association Village, in hall 1, stand F58. The international textile machinery exhibition is being held from October 15-19, 2018, in Shanghai, China. ACIMIT is the Association of Italian Textile Machinery Manufacturers. Of these, 63 manufacturers are presenting their technology offerings within National Sector Groups organised by ACIMIT and the ICE-Agency. Th

Indian spinners, who had reported a multi-year low profitability during 2017-18 due to multiple headwinds, have heaved a sigh of relief following the surge in export demand for cotton yarn. Though the growth pace is expected to moderate this year, India is set to record a strong growth in cotton yarn exports during this fiscal, according to an ICRA report. Cotton yarn exports for the full year are expected to report a healthy growth this fiscal. While the strong Y-o-Y growth of 56 per ce

Courtesy: Splash Splash, a brand owned by the Landmark Group, has partnered with Natur-Tec, a business unit of Northern Technologies, to pioneer a new sustainable biopolymer-based packaging solution in the Middle East and South Asian region. The brand’s 80 million polybags a year have been replaced with bioplastics - a bio-based alternative to conventional plastics. The bio-based carbon is helping reduce 298 tons of carbon dioxide emissions a year. At the end of useful life, these eco-friend

Indian textiles minister Smriti Irani recently assured Manipur state of sustained support from the central government for the textile industry and welfare of weavers and farmers. While inaugurating a three-day silk expo and workshop in Imphal, she said the foundation stone of an Eri silk spinning mill worth ₹22 crore would be laid in November in the state. Manipur state chief minister N Biren Singh said the Eri mill, to be set up with central government funding, is expected to offer em