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Arvind to double revenues and margin in brands and retail business over next 3 years

Related Keywords: Arvind Lifestyle Brands, Arvind Limited, double reveues and margin, driven by growth in denim, ecommerce portal, fashion brand, in brands and retail businesss, textile manufacturer, woven and garment

Arvind Limited, a textile manufacturer and the flagship company of the Arvind Group is looking ahead to double revenues and margins in the brands and retail business over the next three years, , thus quadrupling its Ebitda for the segment. This expectation is driven by growth in denim (4%), woven (10%) and garments (35%).

DBL Group aims to become Bangladesh’s largest vertically integrated producer by 2016

Related Keywords: Anwarul Azim, cooperation with, DBL Group, dyeing and finishing capacity, export oriented vertical knit garments, finishing machinery, fleece, jersey, pique, rib and interlock, Santashrink, Santex of Switzerland, strategic partner, Swiss knit fabric, Technical Director, terry, textile manufacturer

DBL Group, one of the largest and 100% export oriented vertical knit garments and textiles manufacturers in Bangladesh to achieve its goal of becoming the country’s largest vertically integrated producer by 2016, to continue its cooperation with Swiss knit fabric finishing machinery manufacturer Santex of Switzerland.

The company aims to raise its dyeing and finishing capacity which is presently more than 50 tonnes per day to 100 tonnes per day by 2016.

Textile manufacturer sign commercial agreement with APDN to assure quality of ELS Pima cotton

Related Keywords: anti-counterfeiting, APDN, Applied DNA sciences, brand protection, Fiber forward, INC, Pima cotton, product authentication solution, purchase SigNature T(R) DNA mark, supply chain security, textile and fashion industry, textile manufacturer

Applied DNA Sciences, Inc.(APDN) provides botanical-DNA based anti-counterfeiting and product authentication solutions technology that can be utilized in variety of industries including textile/fashion for supply chain security and brand protection, has entered into a commercial agreement with a textile manufacturer to purchase a SigNature T(R) DNA mark, in order to protect and authenticate extra long staple (ELS) Pima cotton.

400 carpet importers from 57 countries to participate in the India carpet expo

Related Keywords: 28th Indian Carpet Expo, Carpet Export Promotion Council, carpet importers, floor covering, hand-knitted, handicrafts, SSU vice-chancellor Prithvish Nag, textile manufacturer, tufted carpets, Union ministry of commerce, Varanasi

The 28th Indian Carpet Expo organized to provide an opportunity for traders to directly deal with buyers has began today in Varanasi. Manufacturers from Varanasi, Bhadohi, Panipat, Mirzapur, Jaipur, Srinagar and Agra will exhibit wide range of hand-knitted, tufted carpets and floor coverings at the expo.

Around 400 carpet importers from 57 countries, including Australia, Brazil, China, Russia, Germany, Britain and US are expected to participate. Buyers from countries like Bulgaria, Malaysia, Israel, Mauritius, Thailand and other 14 countries would also attend the expo.

Textile manufacturer Warm Company to expand its existing textile plant and distribution center

Related Keywords: distribution center, expansion plan, financial incentives, nonwoven textile, sewing industry, textile manufacturer, textile plant, Warm Company

The Warm Company, textile manufacturer dedicated to providing innovative quality products for the quilting, crafting, and sewing industry as part of its expansion plan would be investing a $4.9 million to expand its existing textile plant and distribution center off Old Sunset Hill Road which will create at least 10 new jobs.

CS Carolina plans to relocate and expand its operations to Burlington, NC

Related Keywords: Alamance County, CS Carolina, financial assistance, One North Carolina Fund, relocate manufacturing operation, textile manufacturer, yarn manufacturer

CS Carolina, Inc. textile manufacturer plans to relocate and expand its manufacturing operations from Swepsonville to Burlington, North Carolina which involves an investment to tune of $7.3 million. This project will also create 22 new jobs over the next three years in Alamance County.

In Tae Joo, President of CS Carolina said that they are excited to help lead the way with investment in the latest technology and their new expansion will revival the textile industry in North Carolina.

Arvind Ltd plans entry in e-commerce space targeting Rs.1000cr business in 3 years

Related Keywords: Arvind Limited, e-commerce space, fashion segment, launch Creyate, online apparel retail, online shopping, textile manufacturer

The online apparel retail and fashion segments in India having gathered steam in recent months, Textile manufacturer Arvind Limited on Tuesday announced its entry into the e-commerce space to keep pace with the increasing growth of online shopping. It has set up a subsidiary called Arvind Internet Limited (AIL), in Bangalore which will anchor all the company’s e-commerce initiatives to create a firm footing in the e-commerce space. The firm has a 50-member team at AIL.

Richa Industries plans to put on the market its textile business

Related Keywords: dyeing, knitting, manufacturing facility, private equity player, processing, Richa Industries, sell textile business, special finishing of fabrics, textile group, textile manufacturer

Richa Industries, a Delhi-based mid-sized textile manufacturer engaged in manufacturing of knitting, processing, dyeing & special finishing of fabrics. It has textile manufacturing units based in Gurgaon and Faridabad in the state of Haryana with sales of Rs 300 crore plans to sell its business for around Rs.150 crore for which it is in talks with a clutch of private equity players and a Kolkata-based textile group.
 

Camira achieved record financial performance plans to knit closer ties with biggest US corporate

Related Keywords: biggest US corporate, Camira Group, closer ties, record financial performance, recycled coffee sacks, recycled fabrics, textile manufacturer, wool-flax fabric

Camira Group, a Yorkshire textile manufacturer having achieved a record financial performance in 2013 on the back of sales to 69 countries. Its annual sales reach £60.1m last year; an increase of 9.3 per cent on 2012 now plans to create closer ties with some of the biggest US corporate.
 
The Camira Group celebrating its 40th anniversary has already been involved in a number of high-profile schemes, such as the Leeds First Direct Arena and MediaCityUK, the home of the BBC in the North of England.
 

Grasim Industries to focus on cost optimization to increase net profit

Related Keywords: Aditya Birla Group, aggregate capacity, cost optimization, Grasim Industries, net profit, textile manufacturer, two lines, VSF

Grasim Industries Ltd, a flagship company of the Aditya Birla Group, started as a textile manufacturer in 1948. Today its core businesses are VSF and cement, contributing over 90% of its revenues and operating profits. It is also present in chemicals that are essentially a backward integration of VSF. Currently, Grasim is focusing relentlessly on cost optimization which is hitting the net profit.

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