The Southern India Mills’ Association (SIMA) has welcomed the various salient features of Amended Technology Upgradation Fund Scheme (TUFS) extending 15 per cent capital subsidy subject to a maximum of Rs 30 crores for garmenting, technical textiles and composite units with garmenting or technical textiles and also 10 per cent capital subsidy for all the … Read More →
China, Japan, South Korea, India, and Australia are tipped to fuel e-commerce growth in Asia Pacific in the next five years. According research and advisory firm Forrester, total online retail revenues will nearly double from $733 billion in 2015 to $1.4 trillion in 2020. For perspective, $1.4 trillion is about the same amount spent online … Read More →
Kate Spade and Company, a US based company with the brands – Kate Spade New York and Jack Spade, announced net sales in the range of $1,385 million to $1,410 million for 2016 in its guidance, according to a press statement released by the company. The company expects adjusted Earnings before Interest, Taxes, Depreciation and … Read More →
The Nigerian Export Promotion Council (NEPC) has engaged Style House, a Fashion Creative Consulting Agency in Nigeria to manage its Human Capital Development Centre (HCDC) in Lagos, to develop capacity for the garment sector. Under the arrangement, Style House will manage the HCDC and run training programmes that meet international standards for developing the skills … Read More →
Birla Cellulose, an Aditya Birla Group company which organized a technical symposium on “Current Trends inViscose Processing” in Dhaka recently, wants to increase its footprints in Bangladesh. Rajeev Gopal, Chief Marketing Officer of Birla Cellulose who addressed the symposium and shared various collaborative initiatives of Birla Cellulose for business growth, said the company wants to … Read More →
Hohenstein Institute is researching on how the structure of the textileand length of the garment affect people’s thermal comfort in intense sunlight. Scientists have derived some design tips on how to make sportswear that provides the best possible protection from harmful UV radiation, while at the same time being very comfortable to wear. “The results … Read More →
United Legwear & Apparel (ULAC) has acquired San Diego based Wheat Group, a designer and distributer of accessories relating to sports and fashion. Product categories of Wheat Group include; bags; backpacks; hats and caps; knee-to-toe soccer gear; inflatable sports balls; small electronic goods such as earbuds; personal fitness equipment, etc. “Since 2011, Wheat Group has … Read More →