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14-Aug-2018   Kitex Garments standalone net profit rises 3.45% in the June 2018 quarter      
Net profit of Kitex Garments rose 3.45% to Rs 18.57 crore in the quarter ended June 2018 as against Rs 17.95 crore during the previous quarter ended June 2017. Sales declined 5.61% to Rs 122.85 crore in the quarter ended June 2018 as against Rs 130.15 crore during the previous quarter ended June 2017.     Read More  

14-Aug-2018   India''s WPI inflation for apparel drops 0.7% in July      
India''s annual rate of inflation, based on monthly wholesale price index (WPI), stood at 5.09 per cent for the month of July 2018 over same month of last year. The index for apparel decreased by 0.7 per cent to 138.2 in July, according to the provisional data released by the Office of the Economic Adviser, ministry of commerce and industry.     Read More  

14-Aug-2018   VF Corporation to split into two independent companies      
VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, intends to split into two independent, publicly traded companies: VF Corporation, a global apparel and footwear powerhouse, and a yet-to-be named company (NewCo), which will hold VF’s Jeans and VF Outlet businesses and will be a global leader in the denim category.     Read More  

14-Aug-2018   Dollar Industries revenue increases in Q1FY19      
Dollar Industries Ltd has registered an increase in operating revenue of ?243.65 crore for quarter ended June 30, 2018 as against ?235.07 crore during the corresponding period of the previous fiscal. The profit before tax stood at ?22.38 crore for Q1 as against ?18.39 crore during the corresponding period of last year, a rise of approximately 17 per cent.     Read More  

14-Aug-2018   DTLR Villa deploys Aptos retail solutions      
Aptos has announced that DTLR Villa (DTLR), a retail leader in lifestyle, footwear, and apparel, has successfully deployed Aptos solutions in the cloud, across its enterprise and in nearly 240 stores, to support growth and differentiated customer experiences. Aptos, headquartered in the US, is a recognised market leader in retail technology solutions.     Read More  

14-Aug-2018   ITMA 2019 all set to show new textile & garment technology      
ITMA 2019, a leading textile and garment technology exhibition to be held from 20 to 26 June 2019 in Barcelona, is all set to display an exciting range of the latest trends, technologies, and materials. The exhibition space has been fully booked by the application deadline and the organising team has been busy allocating space to successful applicants.     Read More  

14-Aug-2018   Amazon opening largest fulfilment centre in Haryana      
Amazon is increasing its infrastructure footprint opening its largest fulfilment centre (FC) in Haryana with the view to enhance customer experience ahead of the festive season. Spread over close to 300,000 square feet with over 1.5 million cubic feet of storage space, the centre situated in Panchgaon will enable faster delivery to customers in the region.     Read More  

14-Aug-2018   ICI Pakistan to market Huntsman products in Pakistan      
Huntsman Textile Effects, a provider of high quality dyes, chemicals, and digital inks for the textile industry, and ICI Pakistan have entered into a strategic collaboration. ICI Pakistan is set to market Huntsman’s wide range of high-quality textile dyes, chemicals, digital inks, and services in Pakistan. ICI Pakistan is a speciality chemicals company.     Read More  

14-Aug-2018   Stahl & HP to develop sustainable printed synthetics      
Stahl, a leader in surface treatment and coating solutions for flexible materials based in Germany, has announced that it is working with IT company, HP, to increase durability of printed synthetics. The two companies will combine their expertise and product portfolio to help textile developers to print unique durable designs in a more sustainable way.     Read More  

14-Aug-2018   Metsa''s bioproduct mill reaches nominal pulp capacity      
Metsa Group, a Finnish forest industry group, has announced that its next-generation, bioproduct mill in Aanekoski, Finland, has reached its nominal capacity in August 2018, according to plan. The bioproduct mill produced its millionth tonne of pulp on August 8, 2018. This makes Metsa Group the world’s largest producer of softwood market pulp.     Read More  

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