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07-Jul-2020   H P Cotton Textile Mills standalone net profit rises 117.07% in the March 2020 quarter      
Net profit of H P Cotton Textile Mills rose 117.07% to Rs 0.89 crore in the quarter ended March 2020 as against Rs 0.41 crore during the previous quarter ended March 2019. Sales declined 17.62% to Rs 24.26 crore in the quarter ended March 2020 as against Rs 29.45 crore during the previous quarter ended March 2019.     Read More  

07-Jul-2020   Diesel Jeans, Polygiene work on ViralOff, Odour Crunch      
Diesel Jeans has joined hands with Polygiene to work on ViralOff in unique combination with Odour Crunch for SS21 exclusively in several collections. The initial cooperation is for a minimum of five collections.     Read More  

07-Jul-2020   JD Sports Fashion sales jump 30% to £6,111 mn in FY20      
JD Sports Fashion, a UK-based retailer of sports, fashion and outdoor brands, posted 30 per cent revenue growth to £6,110.8 million in fiscal 2020, ended on February 2, 2020 compared to £4,717.8 million in previous year. Profit for the period fell to £250.7 million (FY19: £264.2 million). Operating profit in FY20 were £426.6 million (FY19: £346.2 million).     Read More  

07-Jul-2020   Morarjee introduces ViroShield protective fabrics      
Morarjee Textiles Ltd, a vertically integrated textile company manufacturing high-end products in prints, dyed and yarn dyed fabrics in a variety of substrates, has launched ViroShield range of protective finishes in collaboration with two global companies—Australia-based Health Guard Corporation Pvt Ltd and Switzerland-based HeiQ Materials AG.     Read More  

07-Jul-2020   Big Lots Q1 FY20: sales jump 11.1%; net income $49 mn      
Big Lots, a US-based community retailer, reported 11.1 per cent sales increase to $1,439 million in first quarter (Q1) FY20 ended on May 2, 2020 compared to sales of $1,296 million in same period last year. Company’s net income for the quarter jumped to $49.3 million (Q1 FY19: $15.5 million). Operating profit for Q1 FY20 were $74.4 million ($25.6 million).     Read More  

07-Jul-2020   Amazon teams up with Zhejiang foreign trade enterprises      
Amazon Global Selling has signed a memorandum of cooperation with the department of commerce of China''s Zhejiang province to jointly support the development of local foreign trade enterprises.     Read More  

07-Jul-2020   Vince Holding reports 3.7% sales growth in FY19      
Vince Holding Corp, a global contemporary group, posted 3.7 per cent sales growth to $375.2 million in fiscal 2019 ended on February 1, 2020 compared to sales of $361.6 million in previous year. Group’s net income for the year rose to $30.3 million compared to net loss of $1.9 million in FY18. Gross profit for FY19 were $178.4 million ($169.4 million).     Read More  

06-Jul-2020   Shima Seiki announces new design software and web services      
Shima Seiki, a Japan-based flat knitting solutions provider, has announced the release of new design software, as well as two other web services to enhance its user experience. Intended to aid in digital transformation of fashion industry post-Covid-19, these services are best adapted for new work styles and methods including teleworking and telecommuting.     Read More  

06-Jul-2020   Milliken publishes 2nd corporate sustainability report      
Milliken & Company, a US-based diversified global manufacturer, has highlighted its journey towards a more sustainable world in the company’s second annual corporate sustainability report. The report gives insight into Milliken’s environmental and social commitments as all global locations work to achieve aggressive sustainability goals by 2025.     Read More  

06-Jul-2020   Himatsingka Seide FY20: sales ?24,196 mn; profit ?132 mn      
Himatsingka Seide Limited, a India-based manufacturer, retailer and distributor of home textiles, has reported decrease in its total income to ?24,196 million in fiscal 2020 ended on March 31, 2020, compared to income of ?26,542 million in previous year. Group’s profit for the year fell from ?1,968 million in FY19 to ?132 million in the reported fiscal.     Read More  

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