The volatile movements in New York cotton futures discouraged spinning yarn producers from entering in to long term contracts. “Aside from a few deals in extra-long staple varieties, mills continued to adopt the wait-and-watch ...
Tags: spinning yarn, Cotton Futures, Textile
Steinhoff International said it has acquired a major stake in apparel retailer, Pepkor for R62.8 billion, which gives the budget furniture firm entry in to Africa's fast-growing garment markets. The South African furniture maker purchased ...
Tags: garment markets, furniture maker, Apparel
Sales grew by just 1.5 per cent in the thirteen weeks to November 1, 2004 period from a year ago quarter, at NYSE listed and omni-channel retailer of women's clothing, Chico's FAS. For the third quarter of 2014, Chico’s reported net ...
Tags: omni-channel retailer, net sales, Apparel
Children’s multi-brand fashion e-tailer Melijoe.com said it has raised €9 million in fresh capital funding, led by Gimv, one of Europe’s largest investment companies. One of its early investors and a historical ...
Despite posting higher sales in the third fiscal quarter ended November 1, 2014, NASDAQ listed, apparel retailer Citi Trends, booked higher losses, from the year earlier quarter. Citi Trends said its sales for the third quarter of 2014 ...
Tags: Citi Trends, store sales, Apparel
At a workshop held in Dhaka on Nov 25, the need for a systematic and comprehensive follow up of fire and structural inspections of apparel factories by the Department of Inspections of Factories and Establishments (DIFE) was stressed. The ...
Maternity apparel retailer, Destination Maternity said it has entered in to an agreement with Voce Capital Management. Alongside, the retailer also appointed Daniel Plants, managing partner of Voce Capital to its board of directors. ...
Tags: Maternity apparel, Apparel
UK based, Coats plc, a leading industrial thread producer and marketer, has launched a new fibreglass coated yarn, Glasmo SM VO, designed for use in telecommunication cables. “Its unique adhesion properties and inherent strength ...
In to its 15th edition and the second edition in Barcelona, Denim by Première Vision attracted 3,905 international visitors from 60 countries during the two-day trade show. The show welcomed 98 exhibitors, which included 48 per ...
A free trade agreement between South Korea and China could knock down Taiwanese textile exports to China to the tune of US $324 million per annum. According to the Taiwan Textile Federation (TTF), through the FTA, 85 per cent of South ...
Tags: textile exports, free trade, Textile
According to technology giant, Google, the numbers of online shoppers in India will nearly treble from the current 35 million to 100 million by 2016. Google India managing director, Rajan Anandan said most of these new online shoppers ...
Tags: online shoppers, ecommerce market, Apparel
Monte Carlo Fashions Ltd, a marketer and retailer of woollen and cotton apparels is coming out with an IPO to raise around Rs 350 crore through a book building process. The promoters led by Jawahar Lal Oswal of Oswal Woollen Mills and ...
All India seed cotton arrivals have picked up to approximately 100,000 bales per day and the quality is good in all the states, informs the fortnightly report from the Indian Cotton Federation. At the moment and there is not much of ...
Tags: Seed Cotton, cotton crop, Textile
The European Technology Platform for the Future of Textiles and Clothing (Textile ETP) will be showcasing its key projects at the upcoming ITMA 2015. Textile ETP will exhibit at the trade show’s Research and Education Pavilion (R&E ...
Tags: textile technology, trade show, Textile
CEO of Germany based Advansa, Heinz Meierkord has been named the new president of CIRFS, a trade body representing Europe’s €10 billion man made fibres industry. Heinz Meierkord succeeds Giulio Bonazzi, CEO of Aquafil, whose ...
Tags: fibres industry, Textile