Madura Lifestyle managed premium apparel brand Allen Solly, which has been growing at a CAGR of 34 per cent since the last three years, is eyeing sales of Rs 1,000 crore for the 2015-16 fiscal. According to media reports, Allen Solly ...
Tags: Apparel, Allen Solly
Outside of China, cotton stocks at the end of 2014/15 season are expected to increase for the second consecutive season from 7.5 million tons to 9.5 million tons, which is the largest volume of stocks in the last 35 years, says the ...
Tags: cotton stocks, cotton production
The Chinese economy is expected to grow 7 percent in the first quarter of 2015, according to an estimate released by the State Information Center, a government think tank, on Monday. A steady slowdown is expected for the Chinese economy, ...
Tags: Chinese economy, steady slowdown
Tamil Nadu-based Akshaya Textile, one of the leading home furnishing textiles exports house from the textile city of Karur, is going to showcase its products at the 5th edition of the India International Handwoven Fair (IIHF), scheduled for ...
Tags: Akshaya Textile, Handwoven Fair
Kishore Biyani led Future Lifestyle Fashions Limited said it has hiked its stake in ethnic products firm Industree Crafts Pvt Ltd from 63.34 per cent to 72.16 per cent. Future Lifestyle Fashions Limited (FLF), the apparel and accessories ...
Tags: ethnic products, Apparel
It is time for the Government of India to liberalise policies and remove the ‘uncalled-for protection’ from the textile industry in the form of anti-dumping duties and certification requirements, which will eventually help in ...
China's "new normal" economy, although growing at a slower pace, actually added value last year as more jobs were created, inflation was under control, and trade rose, said a senior official at the National Bureau of Statistics yesterday. ...
India’s biscuit maker Britannia Industries is set to increase exports and eyes joint ventures, acquisitions as part of its strategy to enhance its manufacturing capacities in the Middle East. Britannia managing director Varun Berry ...
Flavors producer McCormick has agreed to acquire 100% of Italy-based spice producer Drogheria & Alimentari (D&A) for around €85m (($97m). The company has signed an agreement to this effect which is expected to be closed in May ...
Asian carp food producer Blue Shore Fishery is planning to open a new production facility in Tri City, in the US state of Kentucky. Spread over an area of around 11,000ft2, the new $1.3m facility will employ close to 66 people. Expected ...
Tags: carp food, Blue Shore
Peru, Belarus and Taiwan have imposed a temporary ban on beef product imports from Canada, over the bovine spongiform encephalopathy (BSE) outbreak. Earlier this month, Canadian Food Inspection Agency (CFIA) has confirmed the presence of ...
Tags: Beef Products, beef exports
The yet to be finalised free trade agreement (FTA) with Turkey will increase textile exports from Pakistan, commerce minister Khurram Dastgir Khan has said. In a statement, the minister said the government would hold extensive ...
Tags: Textile Exports, Textile
UK-based whiskey and vodka producer Inver House Distillers is planning to ramp up its production capacity in order to cater to increasing demand in international markets. The company has secured £10m in loan from Bank of ...
Tags: Inver House, whiskey, vodka
Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since ...
Tags: garment exports, Textile
The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency