Pure Parima, a top online bedding supplier known for its 100% certified Egyptian cotton sheets, is expanding its product range. The company has introduced a new collection of Egyptian cotton towels and bathrobes. The New Jersey-based company is renowned for its commitment to transparency and
Improved operating performance to keep credit outlook stable despite moderate capex Revenue of the home textile industry is set to rise 7-9% this fiscal after a ~15% fall last fiscal, as India regains global share following a correction in domestic cotton prices and restocking by big-box retailers in major markets abroad. The industry’s operating profitability […]
Welspun India, a major manufacturer and which exports 90 percent of home textiles production, plans to be debt-free by 2025-end and 2026-beginning. This was informed by Dipali Goenka, the Joint Managing Director and CEO of Welspun India, who also informed about the company’s plan to invest Rs 300 crore in various initiatives. “Welspun India is […]
Operating profitability of the Indian home textiles sector will improve 150-200 basis points to 14.0-14.5 percent, due to lower raw material costs and better operating leverage. In a report, Crisil Ratings added that despite improvement in operating profitability, they will still hover below pre-pandemic levels. The ratings agency also said that revenues from the home […]
Trident Ltd has been granted a European patent for “Process of Manufacturing a Fabric with Homogeneous Pores”. The present invention comprises a method of producing Air rich yarn and fabric with pores throughout the cross-section thereby producing Air Rich fabrics and yarns which have high wettability, easy dryablity, quick absorbency and increased thickness. “These
Home furnishings from Baghpat and handlooms of Barabanki, both located in Uttar Pradesh have received the Geographical Indication (GI) tags GI tag is a sign used on the products that have a specific geographical origin and possess qualities or reputation that are due to that origin. These GI tags not only protect the authenticity of […]
Swedish luxury bedding company Hästens has partnered with MadaLuxe Group to open 20 new Hästens stores across the United States in the next five to seven years With the first two stores’ leases already signed and slated to open this year, Hästens is making steps into opening more U.S. brick-and-mortar retail storefronts. The first of […]
Just in time for spring furniture market, Culp, Inc. (“Culp”), one of the largest global marketers of upholstery fabrics for residential and commercial furniture, is launching “CULP powered by Nanobionic®,” a new wellness-focused upholstery fabric collection. Through the use of infrared technology, this innovative fabric line transforms furniture into a charging station