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Iconic denim brand is looking to raise $100 million through the IPO

Related Keywords: 000 brand-dedicated retail stores, 3, chain retailers, denim brand, department stores, online sites

Levi Strauss & Co.’s products are sold in more than 110 countries worldwide through a combination of chain retailers, department stores, online sites. It also has a global footprint of approximately 3,000 brand-dedicated retail stores and shop-in-shops.

Cotton rates stabilize with the arrivals gathering pace

Related Keywords: 000 bales on an average, 200-5, 3, 350 per quintal, Arrival of raw cotton going up, arriving every day, CCI, cotton bales, mandis, Punjab markets, range of Rs 5, rates of cotton crop stabilizing, second week of January, state markets

With the arrival of raw cotton going up in the second week of January, the rates of cotton crop stabilizing in the range of Rs 5,200-5,350 per quintal in Punjab markets. In the corresponding period in 2017, rates of raw cotton were Rs 5,600-5,700 per quintal.

Till the first week, about 3,000 bales on an average were arriving every day in the state markets. Now, over 4,500 bales are arriving in the mandis for the last three days. Starting from September 1, 2017 till January 9, a total of 5.55 lakh bales (1bale=170kg) of raw cotton had arrived in the markets of Punjab.

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