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Related Keywords: both residential, contract application, fabric manufacturing and marketing company, Glen Raven, headquartered in Glen Raven, plans to acquire fabric maker, specializes in innovative decorative jacquard upholstery fabrics, Sunbury, the Burlington-headquartered textile company

Glen Raven, Inc. a fabric manufacturing and marketing company headquartered in Glen Raven, North Carolina plans to acquire fabric maker Sunbury, the Burlington-headquartered textile company.

Sunbury’s team specializes in innovative decorative jacquard upholstery fabrics targeting the design community and luxury furniture manufacturers, for both residential and contract applications.

Sunbury’s leadership in serving the designer, decorative jobber and furniture manufacturers with premium jacquard fabrics is unparalleled.

Related Keywords: District development commissioner, efforts to e made for promoting, latest sericulture technologies, one of the priority sectors of silk industry, popularizing and disseminating, production is yet to meet the targets, Pulwama, sericulture complex Nikas, silk production, training and extension service support, visited cocoon auction market

The district development commissioner, Pulwama visited cocoon auction market at sericulture complex Nikas. Speaking on the occasion, Commissioner said that silk production has been one of the priority sectors of silk industry and its production is yet to meet the targets.

Hence, efforts should be made for promoting, popularizing and disseminating latest sericulture technologies through training and extension service support.

Related Keywords: cotton bales, cotton cultivation, cotton production, from the new crop, Karachi cotton exchange, likely to increase this year, recorded slow trading, spot rates decreased, with only four transactions

The Karachi Cotton Exchange on Thursday recorded slow trading with only four transactions of 1,700 bales from the new crop at a price of Rs6,350 to Rs6,650/maund.

Trading included 1,000 bales from Shahdadpur, 400 bales from Tando Adam, 200 bales from Hyderabad and 100 bales from Burewala.

The spot rates decreased Rs50/maund to Rs6,300/maund (37.324kg) and Rs6,752/40kg. Ex-Karachi rates also dropped to Rs6,435/maund and Rs6,897/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Related Keywords: acquired significant stake, Advent International, also sells premium range of products, casual wear, Dixcy Scott, Dixcy Textiles, leading US-based private equity investor, sells leading innerwear brand, shorts and polo t-shirts, South Indian firm, such as track pants

Advent International, the leading US-based private equity investor, has acquired significant stake in Dixcy Textiles Pvt. Ltd, the South Indian firm which sells leading innerwear brand Dixcy Scott.

Dixcy company’s founder and managing director Prem Prakash Sikka will retain a stake in the company and continue as the chairman following the completion of the transaction, said a company statement. Financial terms and other details were not disclosed.

Related Keywords: chosen Vietnam as their focus country, forefront of the show, forty Vietnames manufacturers, growing number of domestic knitwear and knitted goods producers, keeps fashion moving, link to entire global supply chain, rapid growth in export manufacturing, rapidly expand exports, resources, Sourcing at Magic show, take place this August at Las Vegas

Sourcing at Magic show is your link to the entire global supply chain, which will take place this August at Las Vegas. This incredible source of inspiration, education, innovation and resources is what keeps fashion moving has chosen Vietnam as their focus country because of the country’s rapid growth in export manufacturing, organisers report. Over 40 of Vietnam’s manufacturers and resources will be at the forefront of the show.

The show attendees will have the opportunity to see textiles, fibres, and garments from these Vietnamese factories, and talk with their representatives.

Related Keywords: booming demand from domestic consumers, capacity addition, domestic home furnishing market, exploit by first upgrading, foresee a good demand in the business, GHCL, Home furnishings major, home textiles operations, plans to solidify presence, produces cotton and blended yarns, spinning mill in Madurai, venture into the retail space

GHCL, Home furnishings major plans to solidify its presence in the domestic home furnishing market by capacity addition. GHCL plans to exploit this by first upgrading its spinning mill in Madurai, Tamil Nadu, which can produce yarn. With a total installed capacity of 175,000 spindles and 3,320 rotors, it produces cotton and blended yarns.

The company is banking on this to boost the processing capacity at its Vapi (Gujarat)-based home textiles operations from 36 million metres per year to 48 million metres per year, R S Jalan, managing director said.

Related Keywords: abolishing export sops, allowed by the WTO, beyond next year, coming up with a deadline, direct subsidy schemes, examining alternative schemes, Indian Commerce and Textile Ministries, Indian textile and clothing exporters, quality upgradation and subsidising capital expenditure, replace with indirect, wean off exporters, World Trade Organisation

With the World Trade Organisation (WTO) coming up with a deadline for abolishing export sops beyond next year for Indian textile and clothing exporters. The Indian Commerce and Textile Ministries has started examining alternative schemes that are allowed by the WTO such as ones for quality upgradation and subsidising capital expenditure to wean off exporters from direct subsidy schemes and replace them with indirect benefits.

Related Keywords: buyers remained in hunt of second grade lint, continued with normal trading, cotton bales, depleting stocks of fine grades of lint, Ginners offered all grades, grand issues, Karachi Cotton Association, Karachi cotton exchange, KCE recorded eight transactions, Spinner made deal for immediate need, spot rates remained firm

The Karachi Cotton Exchange on Wednesday continued with normal trading, while spot rates remained firm at Rs6,350/maund (37.324kg) and Rs6,805/40kg. Ex-Karachi rates also remained unchanged at Rs6,485/maund and Rs6,950/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Related Keywords: confirmed receiving orders, Delegations from hospitality, exhibitors at the one on one buyer seller meetings, Heimtextil India and Ambiente India, held during June in New Delhi, large scale buying segments, Leading home fashion trade fair, more than seven thousand visitors, retail, witnessed around one hundred ninety eight exhibitors

India’s leading home fashion trade fair duo Heimtextil India and Ambiente India, held during June 20-22, 2017 in New Delhi which marked the start of the pre-festive retail season in India witnessed around 198 exhibitors and 7,457 visitors. Many exhibitors at the one-on-one buyer-seller meetings confirmed having received orders.

Related Keywords: Attila Turos, digital textile printing, first event to explore opportunities, international development expert, keynote speaker, leader of the WEF, organized by World Textile Information Network, risk of Industry 4.0, take place this October in The Netherlands, Textile 4.0 Conference, textiles industry strategists, WTiN

Textile 4.0 Conference, the first event to explore the opportunities and risk of Industry 4.0 for textiles industry strategists, organized by World Textile Information Network (WTiN), will take place this October in The Netherlands. An international development expert and the leader of the World Economic Forum’s (WEF) Future of Production initiative Attila Turos worked has been revealed as the keynote speaker at Textile 4.0 conference.