Welspun India Limited (WIL), part of the $2.3 billion Welspun Group, has registered 46 per cent year-on-year growth during Q4 FY19 in domestic branded business with focus on ‘Spaces’ and ‘Welspun’targeting differentsegments. The company continues to focus on innovation and 38 per cent of its sales were through innovative products.Pic: ShutterstockIn the fourth quarter of fiscal 2018-19 that ended on March 31, WIL’s total income stood at ₹16.009 billion, registering a growth of 4.3 per cent over

Sportswear has now become a fashion trend among non-athletic people. Awareness is growing to mass people for health and fitness in developing countries and the global sportswear market is tremendously booming.Increasing participation of women in sports and fitness activities is another major driver for this growth. In 2018, the market value of sportswear was US$ 84.1 billion. It is predicted to be worth the US $ 108.7 billion by 2025 with CAGR of 3.3%.Said a recent research report published by Q

The future of exhaust dyeing has arrived:TM’s disruptive, patent pending, sustainable cationic textile dyeing technology, The Nano-DyeTMProcess, sets a new benchmark for exhaust dyers in the cotton and cotton blend textile arena with the start-up of its first two continuous, mass production systems in Bangladesh with one in March 2019 and the second this May 2019.Nano-DyeTM’s award-winning prototype system released in 2014 led to this monumental milestone. Through collaboration with leading text

First quarter comparable digital channel sales of Target Corporation grew 42 per cent, on top of 28 percent last year. Comparable digital sales contributed 2.1 percentage points to Target's overall comparable sales growth. In the first quarter of fiscal 2019, the comparable sales of Target grew 4.8 per cent on traffic growth of 4.3 per cent.Pic: Target CorporationTotal revenue of $17.6 billion increased 5.0 per cent from $16.8 billion last year, reflecting sales growth of 5.1 per cent combin

French Luxury group Kering recently announced grouping most of its Swiss logistics activities into a single hub by relocating those to Italy over the next three years and affecting the jobs of half of the 800 people it employs in its 20 Swiss warehouses. The new hub near Novara will raise Kering's stock-keeping capacity and improve its logistical efficiency.Kering owns luxury brands like Gucci, Yves Saint Laurent, Balenciaga, Alexander McQueen, Bottega Veneta, Boucheron, Brioni and Pomellato

For 70 years, BRÜCKNER has been the worldwide partner for all companies which are drying, coating and finishing web-shaped materials: whether clothing fabrics, nonwovens, carpet, glass or coatings – the variety of materials to be processed has never been limited.Today, it is no longer just a question of machines, but rather of automation and control systems. The topic of digitisation and Industry 4.0 opens up completely new possibilities for increasing productivity, reducing the use of resources

An Ethiopian delegation led by state minister forand industry Teka Gebreyesus Entehabu recently visited the BEXIMCO Industrial Park in Dhaka to see large-scale vertical operations. The Bangladesh Export Import Company Limited, commonly known by its trade name BEXIMCO, also discussed its plans to set up aand apparel unit in Ethiopia.The Ethiopian minister said hiswould be proud to build an industrial park similar to the BEXIMCO one and would welcome and support the company to invest in Ethiopia,

India is expected to regain the top-producer status in 2019-20 season, surpassing China, which became the leadingproducer in 2018-19, according to the US department of agriculture (USDA). India’s cotton production during the season is forecast to increase by 3-million-bales to 28.5 million bales, while China is likely to produce 27.75 million bales.“For 2019-20, India’s cotton area is forecast to rise slightly to 12.35 million hectares (30.5 million acres), as price expectations remain favourabl

Bangladesh Small and Cottage Industries Corporation (BSCIC) and Bangladesh Shilpakala Academy jointly organizing the 10-day jamdani fair from 16 may for the sixth time with 25 stalls to promote Bangladesh’s centuries-old traditional weaving fabric called Jamdani.Figure: Various types of Jamdani sarees are being presented in the stalls. Courtesy:DhakaTribuneTextile and Jute Minister Golam Dastagir Gazi, Industries Minister Kamal Ahmed Majumder and State Minister for Culture Affairs KM Khalid were

PHILADELPHIA — Fashion retailer Urban Outfitters has announced that Nuuly, a subscription-based rental service for women’s apparel, will launch this summer.Urban Outfitters has confirmed Nuuly will be live as of 'Summer 2019'The platform will initially offer subscribers the chance to rent six items per month, with the company claiming this model could offer users up to US$800 worth of apparel for around a tenth of the retail price.Nuuly will stock more than 1,000 styles to begin with, bu