Picanol Group Confirms Outlook For 2019

In line with the previously announced forecast, Picanol Group confirms that it anticipates for the second half of 2019 a further negative impact of...

Pioneer Embroideries Plans Rs 58 Crore Capex

Pioneer Embroideries, manufacturer of speciality polyester filament yarn, plans to invest Rs 58 crore to enhance its capacity to 26,000 tonnes per annum by...

GOTS Stays Committed To South Asia, Plans Virtual Events

South Asia, the hub of textile and apparel manufacturing in the world, is the largest market for GOTS.  In 2019, GOTS witnessed the highest...

Texel Industries Doubles Geosynthetics Capacity

Expansion plans on track, commercial operations to begin by end of this month.Texel Industries Ltd expects to start commercial operations of its 10,080 MT...

Sears Cuts Losses In Second Quarter

Sears Hometown and Outlet Stores has improved its sales and performance. The retailer's net loss decreased US$ 20.1 million to US$ 9.3 million from...

Li & Fung Reports Lower Profit In 2018

Core Operating Profit decreased 20% to US$ 285 million due to challenges in Supply Chain Solutions business New management team in place to...

Rossari Biotech Supplies Sanitizers To NGOs

Specialty Chemicals manufacturer Rossari Biotech is offering sanitizers at cost-to-cost basis to NGO's and charity organisations to fight against the coronavirus. The company has...

Wacker Expands US-Based Research And Development Capacities For Silicones

Munich-based German chemical company Wacker, is in the process of expanding its research and development facilities for silicones by establishing a new research and...

India: Rajapalayam Mills net profit up 109.55% in H1 2013-14

South-based cotton yarn manufacturer, Rajapalayam Mills has earned a net profit of Rs 193 million during the half year ended September 30, 2013. This...

RSWM To Increase Yarn, Denim Capacities, Set Up Knits Unit

Following the sale of the flagship fabric brand Mayur to the Donear Group, RSWM is now set to focus on capacity expansions.Said Riju Jhunjhunwala,...

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