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TEXTILE OUTLETS
Kesaria Textile Company takes global leap with launch in KathmanduRitesh Modi-led textile company opens its first international wholesale franchise, connecting Nepal’s apparel trade with Surat’s manufactur...
These 6 banking stocks have an upside potential of up to 30% in 1 year, according to analystsIt is a question often heard on the street: Which is better, private or PSU banks? To some extent, it is a meaningless question. Both priva...
Feeling the heat of Iran war: Plan afoot to raise induction cooktop, utensil outputIndia is planning to increase the production of induction cooktops and electric cookers. This move comes as demand surges due to disruption...
India-UK FTA boosts textile sector, shares surge by 5-12%The landmark Free Trade Agreement (FTA) eliminates existing tariffs on textile trade between the two countries. As per an Elara Capital rep...
Assam govt to procure handloom items directly from indigenous weavers, to cut out middlemenAssam Chief Minister Himanta Biswa Sarma launched “Swanirbhar Naari”, an initiative of the Handloom & Textiles Department, to empower the i...
Linen Club aims Rs 1,500 crore business by 2024; to add 200 storesBesides domestic expansion, Linen Club, which has couple of stores in the Middle East, is also exploring opportunities to open stores in so...
Demonetisation did impact us in the month of November: Nagesh Rajanna, Bombay Dyeing"The big call which we have taken is we are no longer a manufacturer, we have turned a retailer by outsourcing our entire product portfolio...
Aditya Birla fabric unit Jaya Shree Textiles eyes Rs 1,000 crore revenue in two yearsPresently, company's revenue is in the range of Rs 700-750 crore. It has presence mostly in South India, although its stores are located in...
Ikea to invest Rs 600 crore in MaharashtraFurniture retailer Ikea India, the Indian subsidiary of Swedish furniture retailer Ikea AB, has inked a pact with the Maharashtra governmen...
Siyaram Silk signs 27 franchise pacts; aims 500 stores by FY17The successful response from the trade fraternity has encouraged the textiles firm to take its proposed franchise tally to 500 outlets by 2...
- JCT forays into ready-made men's wear biz, eyes Rs100-cr sales
Textile firm JCT Ltd has decided to foray into the ready-made garments business by launching men's range of 'Ready to Wear' outfits through...
- Organic textile brand from Shri Lakshmi
Shri Lakshmi Cotsyn, the Rs 1,000-crore diversified textile company, has forayed into organic textile products.
- Birla Cotsyn plans Rs 320-cr forward integrated textile unit
The Rs 2,300-crore Yash Birla group's textile manufacturing company, Birla Cotsyn (India), plans to raise about Rs 144 crore through an ini...
- Textile cos dash for home turf
The Rs 3000-crore organised home textile market is set to see action in the coming months from both established and new players
- Govt plans to set up textile SPV to help rupee-hit sector
The government will soon form a special purpose vehicle (SPV) to boost the textile industry, which has been hit hard by the appreciating va...
- GHCL plans to enter Indian retail segment
GHCL plans to enter the retail market and will open its first outlet in NCR by year-end.
- Women setting up franchisee outlets
Marketers queue up to woo women consumers for products across categories.
- US linen brand Peacock Alley coming to India
American luxury linen label Peacock Alley is coming to India through a franchise agreement with Alok Industries, which will retail the high...
- Hakoba lines up expansion
Embroidered textile and apparel maker Hakoba Lifestyles is planning a number of brand extensions in the next one year including special lin...
- GHCL lines up more European buys
Ahmedabad-based textile and chemical company GHCL has sealed India’s first big international M&A deal in the retail sector to acquire UK’s ...