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Alpha Capital invests in women’s brand
May 2019
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.
Texo’s latest paper machine clothing with traditional cam drive
May 2019
Ahead of ITMA 2019, Texo AB, a member of TMAS, the Swedish textile machinery association, reports a surge in demand for its specialised weaving machines for the production of paper machine clothing (PMC).
Industry 4.0: From bale to box
May 2019
ACG Kinna Automatic, based in Skene in Sweden, provided dramatic live demonstrations of its new robotic pillow filling system at Heimtextil last month, which has the ability to fill and finish some 3,840 pillows per eight-hour shift.
Need to create more demand for cotton
May 2019
Arvind Envisol, the wastewater treatment arm of Rs 6,900 crore textile firm Arvind Ltd, is looking for collaborations across India, Africa, Bangladesh and China for driving growth and is in the final stages of signing a joint venture agreement with a Chinese textile company.
Rising cotton price to hit margins of textile firms
May 2019
Rising cotton prices are set to hit profit margins of textile and apparel players due to their inability to pass on the high production cost on to consumers as seasonal demand is weak.
Biba Apparels targets 500 stores in 2 years
April 2019
Women’s ethnic-wear brand Biba Apparels plans to tap the franchise route to expand into small cities and towns. A majority of these would be for its mass to premium brand – Rangriti – aimed at the young audience.
Arvind Envisol, Chinese company sign JV
April 2019
Arvind Envisol, the wastewater treatment arm of Rs 6,900 crore textile firm Arvind Ltd, is looking for collaborations across India, Africa, Bangladesh and China for driving growth and is in the final stages of signing a joint venture agreement with a Chinese textile company.
SGS helps textile cos reduce harmful chemicals
April 2019
Consumers are already looking for products that are sustainably sourced and better for the environment.
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