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
The BRC-Nielsen Shop Price Index for November 2014 shows that overall shop prices reported deflation for the nineteenth consecutive month, unchanged at 1.9% in November. Non-food deflation slowed marginally to 2.9% in November from 3.1% in ...
Tags: Non-food prices, Furniture
Textiles has the lion’s share in India’s exports from labour intensive sectors, according to data from the Directorate General of Commercial Intelligence and Statistics (DGCI&S), Kolkata, under the Ministry of Industry and ...
Tags: Labour Intensive, textile sector
VF Corporation, a leading apparel supplier chain company, and IFC, a member of the World Bank Group, have provided loans to three Bangladeshi garment factories under a new program for funding fire and building safety improvements. Through ...
H.E. Sheikh Hasina, the Prime Minister of Bangladesh, has officially opened the Center of Excellence for the Bangladesh Apparel Industries (CEBAI), during a ceremony held at the Dhaka Apparel Summit at Bangabandhu International Conference ...
Gildan Activewear Inc., which is the largest supplier of branded athletic socks in the United States, reported record fourth quarter adjusted earnings per share of $1.00, up 20.5 percent compared to last year, but projected a loss for the ...
Politicians from the three main political parties had a spirited debate last night on the future of intellectual property policy after the General Election. Panellists from the political parties were Mike Weatherley MP (Conservative), Iain ...
Tags: Political Parties, IP Question, Furniture
Since the Rana Plaza building collapse and Tarzeen factory fire, noteworthy progress has been made in overhauling the Bangladesh garment sector, US assistant secretary of state for South and Central Asian Affairs, Nisha Desai Biswal said ...
Tags: building collapse, factory fire, Apparel
Australian quick service restaurant operator Collins Foods Limited, which operates KFC and Sizzler restaurants, has reported a 37 per cent lift in Earnings Before Interest Tax Depreciation and Amortisation (EBITA) and a 43 per cent lift in ...
Tags: Collins Foods, Agriculture
The Indian Parliament (including the Lok Sabha and the Rajya Sabha) passed the Labour Laws (Exemption from Furnishing Returns and Maintaining Registers by Certain Establishments) Amendment Bill, 2014, last week. The Bill, as amended, ...
Tags: Labour Laws, Apparel
Russell Breweries, a producer of premium craft beer, releases its financial results for the first quarter of Fiscal 2015, ended 30 September 2014. The company is $25,748 EBITDA positive for Q1 of fiscal 2015 ("Q1 2015F") compared to ...
Tags: craft beer, financial results, Agriculture
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 ...
Jason Girard is raising funds to open Old Dunbar Distillery for bourbon production in the US state of Kentucky. The funds will be used in the purchase of equipment required for the distillery which includes a handmade copper still, The ...
Tags: Distillery, copper, Agriculture
The Alliance for Bangladesh Worker Safety (Alliance) has taken up a new initiative to protect the lives of garment workers by providing fire safety training to factory security guards. The course will prepare guards to react effectively ...
Tags: Fire Safety, Security Guards, Apparel
As demand for gluten-free products continues to soar, Nestlé’s foodservice business, Nestlé Professional has launched a new addition in its rapidly expanding range of MAGGI Gluten Free Gravy Mixes. Nestle Professional ...
Tags: Gluten-Free Demand, Nestle