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  • India will soon unveil a new industrial policy that may include a dedicated chapter on design, according to Ramesh Abhishek, secretary in the Department of Industrial Policy and Promotion (DIPP), which floated a policy draft in August 2017 to create jobs for the next 20 years, promote technology transfer and attract $100 billion foreign direct investment annually. The proposed policy will completely revamp the Industrial Policy of 1991. Highlighting the significance of design and inn
  • As many as 95 per cent of British people feel that shopping centres should cater for all shoppers and provide an accessible environment, according to a research from Hammerson, the UK’s leading owner and manager of flagship retail destinations. The research finds that 90 per cent believe that shopping centres are important for carers and disabled consumers. Sixty seven per cent of carers say that shopping helps them to feel part of the community (versus a national average of 55 per cent), an
  • Courtesy: The Children's Place The Children’s Place, Inc., the largest pure-play children’s specialty apparel retailer in North America, has consolidated key management roles. During the third quarter of fiscal 2018, the company successfully delivered positive comparable sales every month resulting in a positive high single digit for the quarter. The company operates 992 stores. "Over the past several years, we have made significant investments in support of our company-wide business transfo
  • Courtesy: Arvind A proposal by India’s Arvind Mills to set up its first plant outside Gujarat in Kuppam in Andhra Pradesh’s Chittoor district was recently cleared by chief minister N Chandrababu Naidu at a state investment promotion board meeting in Amaravati. Likely to start production in early 2020, the mill will offer jobs to 20,000. Some other proposals were also cleared. The plant will have a capacity to manufacture 24 million garments, primarily will produce denim jeans, annually, acc
  • Courtesy: Fulgar Fulgar is participating in the Textile Evolution- Made in Italy 4.0 expo. The leading textile expo is being held from November 16 to 28, 2018, at Fabbrica del Vapore space in Milan, Italy. Fulgar is a leader in man-made fibre market with the production and distribution of polyamide 6.6 and covered elastomers in the textile and technical sector. The area dedicated to Fulgar clearly shows the inspiration high-tech textile innovations provide for the new frontiers of an increa
  • Courtesy: DuPontDuPont Biomaterials has joined the Ellen MacArthur Foundation’s Make Fashion Circular initiative. Launched at the 2017 Copenhagen Fashion Summit, the initiative brings together leaders from across the fashion industry, including brands and NGOs for collaboration among key stakeholders to redesign their operating models and create a new textiles economy. "Everything we do effects our environment, so we’re committed to developing and marketing solutions that not only improve our
  • Courtesy: Mango Spanish clothing brand Mango will open new offices in Barcelona’s 22@ district in early 2019. The offices will have an area of between 800-1000 sq m and will house the company’s digital innovation centre whose aim will be to meet the growth targets set for the online business and also develop onmi-channel selling projects planned for the coming years. Initially, only a small part of the current headquarters team will transfer to the new offices, to which new personnel will be
  • Courtesy: Raymond Continuing with the transformation journey, Raymond Apparel Ltd, a wholly owned subsidiary of Raymond Ltd, has appointed Nirvik Singh as the non-executive chairman. Demonstrating the spirit of good governance and ensuring the business is being run professionally, chairman Gautam Hari Singhania has stepped down and paved way for Singh to take charge. Singh is a 27-year marketing and communication industry veteran and is currently the chairman & CEO, Asia Pacific, Middle
  • Courtesy: Grasim The net revenue from viscose staple fibre (VSF) business at Grasim Industries Limited during the second quarter of fiscal 2019 has been posted at ₹2,606 crore, a jump of 23 per cent as compared to the corresponding period in the previous year. The VSF business has reported quarterly production and sales volume of 137KT and 136KT respectively. EBITDA also increased 23 per cent to ₹576 crore during the second quarter of fiscal 2019. The share of the domestic sales
  • Around 17 firms have expressed interest to invest to the tune of ₹589 crore in the handlooms and textile sector in Odisha during the recent Make in Odisha Conclave 2018 in Bhubaneswar. Three textile parks will come up in the state at Dhamnagar, Chhatabar and Ramdaspur, according to state minister for handlooms, textiles and handicrafts Snehangini Chhuria. Shahi exports, which has a ₹50-crore stitching unit in the state, will invest another ₹51 crore to expand its unit. Whil
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