Hohenstein unveils HOSYcan compression testing device

2018/01 07 08:01

Courtesy: Hohenstein Group The Hohenstein Institute, an international research centre involved in the development, testing, and certification of textile products based in Germany, has developed the next generation of its compression testing device, HOSYcan, to deliver increased information of greater accuracy regarding the compression of textiles for various functions. HOSYcan allows for accurate compression measurements […]

India’s GDP growth to accelerate in next 2 fiscals: HSBC

2018/01 07 08:01

India’s growth rate may accelerate this year to reach 7 per cent in 2018-19 and 7.6 per cent by 2019-20 as key sectors would revive from disruptions related to the goods and services tax (GST) and demonetisation, according to a research note by global financial services firm HSBC. Recent structural reforms will lead to brighter […]

115 acres earmarked for apparel, textiles park near Patna

2018/01 07 08:01

India’s Bihar state has earmarked a land tract of 115 acres in Bihta on the outskirts of capital Patna to set up an apparel and textiles park, state deputy chief minister Sushil Kumar Modi recently announced. The proposed park forms part of the state policy to promote textiles, leather, information technology and food processing, he […]

Apparel firm Romanita selects Lectra fashion software

2018/01 07 08:01

Romanita, Romania’s leading apparel manufacturer producing clothing for international brands that includes H&M, Zara, Massimo Dutti, Tesco, Marks & Spencer, and Primark, has selected Lectra’s patternmaking software Modaris. Lectra is a leading provider of integrated technology solutions for fabrics, leather, technical textiles, and composite materials. Romanita’s first priority was to reduce fabric waste and improve […]

Gridsum Holding signs Lululemon as new client

2018/01 07 08:01

Courtesy: Gridsum Holding Gridsum Holding Inc., a provider of cloud-based big-data analytics and AI solutions for multinational and domestic enterprises and government agencies in China, has announced that it has signed Lululemon athletica Inc. as a new client. Lululemon is a healthy lifestyle inspired athletic apparel company, for yoga, running, training, and other sweaty pursuits. […]

Buttercups secures funds from Google India MD, others

2018/01 07 08:01

After failing to complete the series-A round of financing, this time, lingerie startup Buttercups has been successful in securing funds from various existing and new investors including Google India managing director (MD) Rajan Anandan and an informal investor Chandra Chappadi. The company is yet to disclose the deal size of this round of funding. Existing […]

Calvin Klein launches global multi-media ad campaign

2018/01 07 08:01

Courtesy: Business wire Calvin Klein, a subsidiary of PVH Corp, has launched its new CALVIN KLEIN JEANS global multi-media advertising campaign. The campaign represents the latest iteration of the evolution in the CALVIN KLEIN brand’s globally recognised #MYCALVINS call to action: Our Family. #MYCALVINS. The new campaign features model siblings Kaia Gerber and Presley Gerber. […]

Fashion portal Rent It Bae extends services to 11 cities

2018/01 07 08:01

Rent It Bae (RIB), a Delhi-based premium fashion rental portal has recently expanded its services to 11 more cities, covering the metropolitan cities of India. The users can rent plethora of brands and designer labels for four days or more at 10-15 per cent of the retail price. Launched in August 2016, RIB helps people […]

Klick2Shop invests Rs 1632 cr in Flipkart’s logistics arm

2018/01 07 08:01

Indian e-commerce company Flipkart's logistics arm Ekart Logistics garnered a funding of Rs 1,632 crore from Singapore-based Klick2Shop Logistics Services International in November last year. Instakart Services, which runs Ekart Logistics, received the funding in three tranches, according to documents filed with the corporate affairs ministry. Klick2Shop invested Rs 323.6 crore on November 7, and […]

Archroma joins UN Global Compact

2018/01 07 08:01

Courtesy: Archroma Archroma, a global leader in colour and specialty chemicals, has become a signatory of the United Nations (UN) Global Compact, joining the world’s leading voluntary corporate social responsibility initiative, with more than 9,500 participating companies from 160 countries. The company is committed towards making the industry more sustainable. Archroma has formally pledged to […]