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Alpha Capital invests in women’s brand
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.
LYCRA opens advanced textile innovation centre in China
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.
Lenzing to use blockchain tech to trace fibres
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.
Application for India ITME opens
India ITME Society has invited to participate in the 11th edition of India International Textile Machinery Exhibition 2020, the mega and the most prestigious event for textile engineering and technology in India, the second largest textile industry in the world.
Truetzschler’s new customer & tech centre for nonwovens
Truetzschler is opening its new customer and technology centre for nonwovens in Egelsbach (near Frankfurt/Main) to push the technological innovations of nonwoven products as well as the related manufacturing processes.
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