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2014-01-22 17:00:00
SarlaFlex Inc. secured $13 Million in NMTC Financing to expand yarn and thread facility
Sarla Performance Fibers, based in Mumbai, India, under the name SarlaFlex Inc. to redevelop a manufacturing facility in rural South Carolina into the company's first U.S. based yarn and thread plant
2014-01-14 14:40:00
Groupon acquires online flash sales fashion retailer ideeli
Groupon, a part of its expansion plan has acquired online flash sales fashion retailer ideeli to expand in the apparel sector. Groupon announced on Monday that they have paid paid $43 million in cash
2013-12-31 12:10:00
GSP Plus status will help Pakistan increase export to EU, FPCCI pushing value addition
The textile industry in Pakistan is getting ready to take advantage of the GSP Plus status granted by the European Union to the country. At two listed textile companies have made significant
2013-12-20 15:42:00
US textile industry is making a comeback, on technology than workers
The US textile and apparel industry is showing signs of expansion and many factories are competing with low-wage operations in countries like China after decades of decline. In North Carolina, once a
2013-11-12 12:20:34
Polyester poised for good growth ahead, may see surplus in 2018
The US$75 billion polyester industry continued to remain as an undisputed leader in the textile Industry. Year 2012 saw its market share increase to over 80 per cent given the continuing population
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