Industry

Giriraj Singh Is The New Minister Of Textiles

Giriraj Singh, BJP MP from Begusarai Loksabha constituency in Bihar, has been appointed as the new Minister of Textiles. Previously, he served as the Minister of Cooperative, Animal Husbandry, and Fisheries Resources Development in the Government of Bihar. The Ministry of Textiles, previously was held by Piyush Goyal. He has now been appointed as the […]
Corporates

MAS Holdings And Ambercycle Partner To Advance Apparel Sustainability

MAS Holdings, a global apparel manufacturing and tech conglomerate headquartered in Sri Lanka, has joined forces with Los Angeles-based materials science company Ambercycle to scale up textile-to-textile regeneration in the apparel industry. The partnership, which centers around a three-year offtake agreement, reflects demand among large brands and manufacturers for new
Corporates

Rieter and Erbel Celebrate 50 Years of Partnership at ITM 2024

At the International Textile Machinery exhibition (ITM) 2024, a significant milestone was celebrated with the handover of a commemorative present to Haluk Erbel, Chairman of Erbel Mümessillik A.S., by Mr. Thomas Oetterli, CEO of the Rieter Group. Reflecting on this occasion, Thomas Oetterli remarked, “Trust is what ties it all together; it is at the […]
Machinery

Stäubli Unveils High-Speed Drawing-In Machine At ITM 2024

On the first day of the International Textile Machinery exhibition (ITM) 2024, Stäubli, a renowned leader in the weaving sector, proudly launched their latest innovation: the SAFIR PRO S67 drawing-in machine. This significant unveiling took place in collaboration with the machine’s first purchaser, Lutuf Mensucat Inc. The SAFIR PRO S67 is a high-speed automatic
Apparel, Fashion, Retail

Snitch Opens Largest Store In Bangalore’s HSR Layout

Snitch, India’s premier D2C fast fashion men’s lifestyle brand, has announced the opening of its largest store to date, strategically situated in HSR Layout, Bangalore. This expansive 10,000 sq. ft. store, located next to the Max store, is set to captivate fashion enthusiasts and style-conscious individuals. HSR Layout, known for its diverse and cosmopolitan population,
Corporates

High Street Essentials Secures Rs 50 Crore Funding

In its recent funding round, High Street Essentials, the parent company of fashion brands Indya and FabAlley, has raised Rs 50 crore through a blend of equity and loan infusion. Spearheaded by Sangita Jindal, Chairperson of JSW Foundation, the investment round also saw contributions from SRF Group’s family offices, Cyient’s MD Krishna Bodanapu, and Pure […]