July 27, 2024
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Corporates

Saurer Introduces Ideal Group As New Agent For Pakistan

Saurer has announced Ideal Group as the new agent for spinning and pre-spinning in Pakistan, effective 1 July 2024. Saurer recently hosted Khurram Ishtiaq, CEO and Muhammad Nasrullah, COO of Ideal Group at its Sustainability Hub in Übach-Palenberg, Germany. During their visit, they engaged in detailed discussions and in-depth training sessions and were introduced to […]
Corporates

Vinted Appoints Maurizio D’Arrigo As New CFO

Vinted, Europe’s leading online C2C marketplace for second-hand fashion, has appointed Maurizio D’Arrigo as CFO. Maurizio brings extensive experience in e-commerce and marketplaces, having begun his career at Accenture and spending nearly 20 years at eBay in roles such as CFO UK, CFO Europe and CFO, Global Markets. In 2024, he led eBay’s UK business. […]
Corporates

Trützschler Partners With Agansa For Enhanced Service In Indonesia

Trützschler, a leader in spinning and card clothing, has partnered with Agansa to strengthen its service network in Indonesia, one of the world’s largest textile markets. Agansa, selected as Trützschler’s service partner in 2023, will deliver expert support in spinning and card clothing to local customers. Agansa, headquartered in Bandung with a branch office in […]
Corporates

Debrand Opens New U.S. Facility To Boost Textile Circularity

Debrand, a pioneer in next-life logistics for the apparel and footwear industry, has announced the opening of its inaugural U.S. facility in Columbus, Ohio. This 32,000-square-foot facility is strategically located to support the growing demand for scalable advanced textile sortation services and to expand Debrand’s circular textile ecosystem, which stands as North
Corporates

Rieter Wins Historic Order From DIW

On July 16, 2024, Rieter and Shanghai Digital Intelligence World Industrial Technology Group Co., Ltd. (DIW) signed a contract for over 700 Autoconer X6 winding machines, marking the largest order in Rieter China’s history. This deal strengthens their strategic partnership, aiming to develop advanced spinning operations and achieve new levels of quality,
Corporates

Indo Count And Shreeram Cotton Sign MoU For Regenagri Cotton Project

Indo Count Industries Ltd, a leader in home textiles manufacturing, and Shreeram Cotton Industries, a premier ginning unit and ICS based in Gujarat known for producing premium Sankar-6 cotton, have signed a Memorandum of Understanding (MoU) to launch the Regenagri Cotton Project, marking a significant step forward in sustainable agriculture. This collaboration unites two
Corporates

KVIC Surpasses Rs 1.5 Lakh Crore Turnover, Creates 10 Lakh Jobs

The Khadi and Village Industries Commission (KVIC) has surpassed the Rs 1.5 lakh crore turnover mark for the first time in the 2024 financial year, marking a significant milestone in its history. KVIC’s chairman, Manoj Kumar, highlighted the achievement, noting a substantial increase from the Rs 1.34 lakh crore sales reported in FY2023. Over the […]