SoftWear Automation, a developer of robotic sewing technologies for the apparel industry said it completed a $3 million Series A round of financing from CTW Venture Partners. Alongside, KP Reddy, partner at CTW Venture has also been ...
Tags: Sewing Technologies, Softwear Bags, Apparel
Philippines is set to receive an investment worth P500m in its poultry industry next year due to strong domestic demand and opening of new foreign markets, Philippines Department of Agriculture said. Manila Bulletin cited Agriculture ...
Tags: chicken, Agriculture
Net sales at women’s apparel retailer, Christopher & Banks slipped 6.35 per cent year on year for the thirteen week period ended November 1, 2014, a reflection of its store rationalisation program. Net sales for the third quarter of ...
Driven by reduced markdowns, American Eagle Outfitters posted a 200 basis points from a year earlier quarter hike in gross profit margins for the third quarter ended November 1, 2014. Gross profit increased 6 per cent year on year to $315 ...
Tags: buying, occupancy, warehousing deleverage, Apparel
Stating that the new power tariff rate announced last week by Tamil Nadu Electricity Regulatory Commission (TNERC) would seriously affect the competitiveness of the textile mills in Tamil Nadu across the value chain, the Southern India ...
Tags: tariff hike, power factor, Textile
Prices of copper-clad laminates (FCCL) in China are set to fall in 2015 amid increasing competition, according to industry sources. Korea-based FCCL suppliers, which have seen their production utilization rates affected by ...
Tags: copper-clad laminates, smartphones
Armstrong World Industries has decided to exit its European flooring business and cease further funding of its DLW subsidiary effective immediately. As a result of this decision, local DLW management filed for insolvency in Germany. ...
Linpac calls the UK home. But it has had a manufacturing site in Bunbury, Perth since 2013 and in 2015 it will have a new one in Melbourne. With a site on both the east and west sides of Australia, Linpac intends to supply the latest design ...
Tags: manufacturing site, technology, Packaging
The Government of Gujarat has extended full support for growth of textile machinery show ITMACH India, currently ongoing in Gandhinagar. Speaking at the concurrently held international textile conference ‘India – ...
Tags: textile machinery, Textile
Key priorities for further development of the Indian textile industry were identified at a three-day Uster ‘Quality University’ event held in Goa recently. Delegates at the summit explored the challenges and opportunities ...
Tags: textile industry, Textile
Flexible packaging such as plastic bags, confectionery wrappers, frozen food bags and pouches makes up nearly a third (32%) of consumer plastic packaging in the UK, however virtually all of this 556,000 tonnes produced annually ends up in ...
Lululemon Athletica Inc. reported net revenue increased 10 percent to $419.4 million for the third quarter ended Nov. 2, from $379.9 million in the third quarter of fiscal 2013. The retailer, which is fending off growing competition in the ...
There's less corn and fewer soybeans on hand in the U.S. right now than the trade expected heading into Wednesday's monthly World Agricultural Supply and Demand Estimates and Crop Production report. Wednesday's WASDE report shows a ...
Tags: Grain Prices, Corn, Soybean
Food manufacturing was one of four manufacturing sub-sectors to expand in November 2014, according to the Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI). Food manufacturing expansion Among the ...
Tags: Dairy Products, beverages, tobacco
Coca-Cola Bottling Consolidated has signed a definitive agreement with The Coca-Cola Company to provide its distribution services in Cleveland and Cookeville, in Tennessee which are currently being served by Coca-Cola Refreshments USA ...