True Fit, a retail SaaS company, which helps consumers find apparel and footwear styles that fit and flatter said, it reported a strong growth in 2014 and also received $15 million in equity funding. In 2014, True Fit said it doubled the ...
Tags: footwear styles, apparel, Textile
Dematic Group, a supplier of integrated automated technology, software and services to optimise the supply chain said it has acquired FSU Investments and in turn SDI Group Europe. SDI Group Europe is a supplier of garment-on-hanger and ...
Novozymes unveiled its new corporate strategy titled, ‘Partnering for impact’, which is accompanied by a new set of long-term social, environmental and financial targets. It also includes a new purpose statement which reads, ...
Tags: biology, financial targets, Textile
Apparel Training and Design Centre (ATDC), India’s largest apparel industry training institute bagged the ‘Best Institute: Innovation’ from ASSOCHAM at ‘Summit-cum-Awards on Skilling India’. ATDC received ...
Tags: innovative skill, apparel industry, Textile
Invista, one of the world’s largest integrated producers of fibres and polymers, co-sponsored the upcoming Kingpins Show in New York where it showcased its latest innovation, Lycra Beauty brand fabrics. Already used successfully in ...
Improved global operations and a lower effective tax rate drove net income growth by 46.87 per cent year on year at value added yarns producer, Unifi Inc in the second quarter ended December 28, 2014. Unifi said its net income for the ...
Tags: tax rate, net income, Textile
In a bid to hike its commitment to apparel finance, Wells Fargo said it has opened a new Commercial Banking office in New York City to expand its services to the apparel industry. Spearheading the Commercial Banking apparel initiative is ...
Tags: banking, insurance, investments, Apparel
Apparel manufacturer and exporter, Pearl Global Industries Limited (PGIL) is undertaking capacity expansion in South India at a total investment of around Rs 17-20 crore, funded through internal accruals and a TUFS loan. PGIL plans to ...
Thailand based and global fibres and petrochemicals producer, Indorama Ventures (IVL) is pulling out of an agreement to acquire SASA Polyester Sanayi AS (SASA) in Turkey. In a Thailand stock exchange filing, Indorama said both sides have ...
Tags: DMT, staple fibers, filament yarns, Textile
Following a review of The Woolmark Company’s Licensing Program and specifications, the Woolmark and Woolmark Blend logos will be seen on a more diverse range of products. More sport, outdoor, casual, denim and wool-filled products ...
A citizens group has opposed the move of the Central Government to set up a Textile Park in Tamil Nadu saying that the Park would aggravate the serious pollution problems faced by Tirupur and its surrounding regions. In a statement, the ...
Tags: water bodies, toxic effluents, Textile
Brazilian cotton output might again reduce in the 2014/15 crop, but would still be close to the average registered over the last 11 seasons, says the latest fortnightly report of CEPEA. “In worldwide terms, a supply decrease is ...
Tags: remunerative prices, export costs, exchange rate ratio, Textile
The US Department of Agriculture (USDA) announced its decision to deregulate Monsanto’s dicamba-tolerant trait technology - Bollgard II XtendFlex cotton. “USDA indicated that its decision will be published in the Federal ...
Tags: farmers, researchers, nonprofit organizations, universities, Textile
Adjusted gross profit in the second fiscal quarter ended November 30, 2014 climbed 57 per cent year on year at NYSE listed Performance Sports Group. As against $39.6 million in the year-ago quarter, adjusted gross profit rose 57 per cent ...
Tags: sales, marketing costs, Apparel
With regards its proposal to acquire Family Dollar Stores, retailer Dollar General has concluded that the additional step of certifying substantial compliance with the FTC's request for further information and documentary material is ...
Tags: GOLD proxy card, Apparel