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2014-01-22 09:00:00
KLT takeover German textile business see spiraling position in textile market
Lynn-based KL Technologies has acquired an historic German textile business Bamberger Kaliko with a turnover of €20 million. Mark Littlewood, chief executive of KLT, said that the acquisition
2014-01-20 11:10:00
Karina Textiles Zimbabwe facing closure
Karina Textiles, one of the Zimbabwe’s leading textile industry and sole manufacturer of knitting yarn, last week auctioned its movable and fixed assets following its liquidation. Theressa
2014-01-20 09:00:00
India likely to increase textile production level to $220 bn by 2020
Union Textile Minister Kavuru Sambasiva Rao is of the view that the current India’s annual production level of textile goods which is $90 billion is likely to increase to $220 billion by 2020
2014-01-17 00:00:00
John Lewis bans products having angora wool
John Lewis, British department store group has become the latest retailer to join an ever growing list of international brands and retailers after being contacted by animal rights organization Peta
2014-01-16 10:30:00
Sodecoton sets cotton production target at 240 000 tonnes for 2014
Société de développement du coton (Sodecoton) heads has decided to revamp cotton production for which a target at 240,000 tonnes of cotton production have been set for 2014, compared to
2014-01-15 13:00:00
Chinese yarn makers shifting overseas unhappy by local cotton prices
Chinese yarn makers have started shifting production overseas to secure cheaper raw materials, even going as far afield as the United States. The world's largest, firms such as Hong Kong-listed
2014-01-15 09:50:00
Jharkhand to take professional assistance in sericulture
Jharkhand Silk Textile and Handicrafts Development Corporation have decided to take professional help in sericulture to enhance its silk production and also help the country to meet the growing
2014-01-14 10:30:00
Request for setting up Textile Park by labour union
Pondicherry Textile Mills Labour Union affiliated with the AITUC union is pushing the government to take steps to set up a textile park in the Union Territory. The union has taken up a resolution to
2014-01-13 16:15:00
Winsome Yarns to sell stake in knitting unit
Winsome Yarns Ltd, a Chandigarh-based yarn manufacturing company said that it has mandated a Singapore-based merger and amalgamation (M&A) consultant to scout for a joint venture partner or strategic
2014-01-13 15:45:00
Iran fronts the export market for its hand-woven carpets
Iran is the leading exporter of hand-woven carpets. Persian rugs are highly in demand for their intricate design and skilled craftsmanship. Iran has exported 80 percent of its hand-woven carpets to
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