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Lenzing posts solid growth despite challenges
August 2019
The Lenzing Group continued its solid business development in the first half of 2019. Despite a significantly more challenging market environment with historically low prices for standard viscose, Lenzing recorded a slight increase in revenue.
Garware Technical Fibres net profit falls by 5.7%
August 2019
Garware Technical Fibres Ltd (formerly Garware-Wall Ropes), a leading manufacturer of technical textiles for the Indian and global markets, announced its financial results for the first quarter ended June 30, 2019.
HP launches range of digital textile printers
August 2019
HP Inc has announced a new portfolio of digital textile printers—HP Stitch S500 and HP Stitch S1000—to reinvent the textile printing industry in the country.
Century Textiles’ net profit rises 11%
August 2019
Century Textiles and Industries (CTIL) reported a 11.06 per cent rise in consolidated net profit at Rs 180.62 crore for the quarter ended June 30, 2019.
US to continue ADD on steel wire hangers from China
August 2019
The US administration will continue levying anti-dumping duty on imports of steel wire garment hangers from China.
Ebay launches North Face storefront for outdoor apparel
August 2019
Ebay has launched the North Face storefront via authorised partner, Premium Direct, to bring top-selling apparel from the world’s leading outdoor gear brand to the marketplace’s millions of shoppers.
Glen Raven to acquire Sunbury Textile Mills
August 2019
Glen Raven, a provider of performance fabrics, has signed a Letter of Intent to acquire Sunbury Textile Mills, a market leader in design and manufacture of decorative jacquard fabrics.
Trident to invest Rs 1,000 cr in J&K
August 2019
The Trident Group plans to invest Rs 1,000 crore in Jammu and Kashmir to help develop the union territory, according to its chairman Rajinder Gupta.
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