Bengaluru-based Techno Sportswear has secured $25 million (approximately Rs 208 crore) in funding from investment fund A91 Partners. The company specializes in manufacturing performance wear aimed at the mass market, selling its sportswear apparel under the brand name Technosport. This marks
Kewal Kiran Clothing Ltd (KCCL) announced a strategic move with the acquisition of a 50% stake in Kraus Casuals Pvt. Ltd. (KCPL) for a total consideration of Rs 166.51 crore. This equity stake will be acquired through a combination of primary infusion and secondary purchase. By entering into the women’s denim and casual wear category […]
Coats Group plc, a global leader in thread and structural components for apparel and footwear, alongside pioneering innovations in performance materials, has revealed a strategic succession plan for Rajiv Sharma, who will be stepping down from his role after an illustrious 14-year tenure with the company, serving as Group Chief Executive for the past eight […]
Hyosung TNC has strategically appointed Andreas Puchert, a seasoned industry expert, as its new European Marketing Manager. Puchert brings over three decades of extensive experience in the textile, sports, fashion and retail sectors to his new role, which will be based in Düsseldorf, Germany. Prior to joining Hyosung, Puchert served as the Director of Retailpraxis. […]
Shopsy, the Flipkart-owned e-commerce platform, has entered into children’s category by launching its summer collection across more than 100 verticals. The new collection features dresses starting at Rs 150, kids’ ethnic wear starting at Rs 129, as well as soft toys and school essentials for children up to 12 years old. As a hyper-value e-commerce […]
In the financial year 2023-24, Zudio, a prominent retail fashion brand under Trent Ltd, made significant strides by adding 203 new stores to its growing portfolio. This expansion brings the total number of Zudio stores to 545 across 164 cities, enhancing its presence in numerous micro-markets across India. The brand’s commitment to accessibility and fashion-forward
From June 24 to 28, a delegation of Italian textile machinery manufacturers will be in Turkmenistan for an institutional mission organized by ACIMIT (the Association of Italian Textile Machinery Manufacturers) and the Italian Trade Agency. The delegation has scheduled institutional and commercial meetings in Ashgabat. For the Italian textile machinery industry, the Turkmen
Vipul Organics Limited, a leading specialty chemicals company in the pigments and dyes segment, has announced its annual results for FY24 with impressive growth and promising outlooks across various fronts. Total revenues for FY24 reached Rs. 15,099.30 lakhs, up by 12.68% from the previous fiscal year. Profit Before Tax (PBT) surged by 68.87% on a […]
Globe Textiles India Ltd, a prominent textile exporter of fabrics and garments, announced its financial results for Q4 and the full fiscal year 2023-24, demonstrating robust performance driven by strong demand, operational efficiencies, and strategic market expansion. For Q4 FY24, the company reported overall revenues of ₹43,100.39 lakhs, a 107% increase year-over-year,
Omni-channel retailer and ethnic wear brand Libas has successfully closed its first external funding round and bagged an investment of Rs 150 crore by IAF Series 5, a fund managed by ICICI Venture. Libas has fast-tracked its growth to become a leading force in the online fashion segment, captivating customers with its dynamic product range […]





















