Lectra, a leading provider in the fashion, automotive and furniture industries, has announced its recognition in the 2024 edition of Deloitte France’s Best Managed Companies programme. This prestigious accolade underscores Lectra’s commitment to excellence in long-term strategy,
Dollar Industries Limited, a leading name in India’s lifestyle outerwear and innerwear business, announced its strategic vision for the South Indian market. As a major step, the company has signed superstar Mahesh Babu as its Brand Ambassador for South India. Established in 1972 by visionary leader Din Dayal Gupta as Bhawani Textiles, Dollar Industries now […]
Hyosung TNC, a global leader in sustainable textile solutions, has teamed up with Ambercycle, a prominent material science company, to pioneer the integration of textile-to-textile circular polyester into South Korea’s supply chains. This partnership underscores both companies’ commitment to fostering a circular textile ecosystem by repurposing end-of-life
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 […]
Berrylush, the Noida-based startup founded by IIM graduates Anusha and Alok, has emerged as a formidable player in the fashion industry. From humble beginnings in 2018, with a small in-house manufacturing unit, the duo has achieved remarkable success. Starting with just 900 units in the first month, Berrylush now produces around two lakh units monthly, […]
Sonovia has partnered with Avco to revolutionize indigo dye production, pioneering eco-friendly solutions for the fashion industry. In a major stride towards sustainable textile solutions, Sonovia unveiled a transformative collaboration with Avco, a global leader in textile processing chemicals, aimed at revolutionizing indigo dye production. This strategic partnership,
Cantabil Retail India Ltd, a leading name in the fashion industry, has announced the opening of its 500th store in the culturally vibrant and historic city of Ayodhya. This milestone marks a significant achievement for the brand as it continues to expand its footprint by making its fashion collections for men, women and kids more […]
According to a GlobalData report, Germany is the leading destination market for foreign direct investment (FDI) in greenfield textiles, while the US is the top source for FDI. Between 2019 and 2022, the textiles sector was the eighteenth largest FDI sector in terms of the number of greenfield investments and the textiles sector accounts for […]