by TEXTILE VALUE CHAIN | Feb 13, 2024 | Finance & Economy, News & Insights
Growth in India’s industrial output accelerated to 3.8% in December improving from an eight-month low of 2.4% in November. Encouraging sequential growth across the mining, manufacturing and electricity sectors has supported growth during the month despite an...
by TEXTILE VALUE CHAIN | Feb 7, 2024 | Dyes & Chemicals, News & Insights
The detergent chemicals market continues to exhibit robust growth, driven by the burgeoning demand for cleaning products across various industries and households. Detergent chemicals market, which encompass a diverse range of substances such as surfactants, builders,...
by TANVI_MUNJAL | Nov 10, 2023 | Finance & Economy, News & Insights
In a recent disclosure, textile manufacturer Alok Industries revealed its plans to raise Rs 3,300 crore through the issuance of Non-Convertible Redeemable Preference Shares (NCRPS) to its parent company, Reliance Industries. The announcement comes as part of Alok...
by DIGITAL MEDIA EXECUTIVE | Jun 6, 2023 | Business & Policy
Lenzing – The Lenzing Group, a world-leading provider of specialty fibers for the textile and nonwoven industries, received the Vienna Stock Exchange VÖNIX Sustainability Award at a ceremony yesterday evening. This is Austria’s most important sustainability prize...
by DIGITAL MEDIA EXECUTIVE | Jun 6, 2023 | Event Update
Visitors to the HeiQ exhibit at ITMA will be able to witness firsthand how nature has the power to alter industries like textiles and offer value while encouraging sustainability. At the much awaited ITMA Milano 2023 trade show, HeiQ, a leader in textile innovation,...
by DIGITAL MEDIA EXECUTIVE | Jun 6, 2023 | Event Update
Smt. Darshana Jardosh, the honourable Union State Minister of Textile and Railways Government of India, will open the ColorJet Pavilion at ITMA in 2023. It will run from June 8 to June 14 at Fiera Milano Rho Milan, Italy.On June 8, at 10:15 a.m. (EU time), a...
by DIGITAL MEDIA EXECUTIVE | Jun 6, 2023 | Business & Policy
According to the latest Manufacturing ISM® Report On Business® from the nation’s supply executives, the manufacturing sector’s economic activity shrank in May for the seventh consecutive month after 28 months of gain. Timothy R. Fiore, CPSM, C.P.M., Chair...
by DIGITAL MEDIA EXECUTIVE | Jun 3, 2023 | Finance & Economy
In May 2023, the consumer price index (CPI) for Vietnam climbed by 2.43 percent year over year (YoY), whereas it increased by 0.40 percent when compared to December 2022. The CPI increased by an average of 3.55 percent for the first five months of this year compared...
by DIGITAL MEDIA EXECUTIVE | Jun 1, 2023 | Finance & Economy
According to the African Development Bank’s (AfDB) 2023 African Economic Outlook, Africa is anticipated to have the second-fastest growth rate in the world, after Asia, between 2023 and 2024, a tribute to its economic resiliency in the face of numerous global...
by DIGITAL MEDIA EXECUTIVE | May 29, 2023 | Finance & Economy
As a result of higher inventory costs and decreased capacity utilisation, Page Industries Ltd.’s shares fell 15% on Friday to a low of 34,968.60 on the BSE. The business also announced a 58.87% decline in net profit to 78.35 crore for the fourth quarter that...
by DIGITAL MEDIA EXECUTIVE | May 26, 2023 | Business & Policy
Deon Stander, the company’s president and chief operating officer, has been chosen by the board of directors of Avery Dennison Corporation (NYSE: AVY), as president and chief executive officer, beginning September 1, 2023. This decision is the conclusion of a...
by DIGITAL MEDIA EXECUTIVE | May 23, 2023 | Corporate Update
The fastest growing family-owned American sock producer and top brand in the premium outdoor market, Darn Tough Vermont, announces the unification of its two sales areas into one. Adam Shapiro’s Hudson Valley Sales Group, which focuses on the Mid-Atlantic...
