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  • Zuoan Fashion Limited, a leading design-driven fashion casual menswear company in China, announced that it was one of a few selected number of participants awarded the 'Fashion Brand Award' at China Fashion Week which took place in Beijing from October 24 - November 3, 2012. China Fashion Week, established in 1997, is a well renowned platform for fashion design and trend shows and has evolved into an internationally-recognized, high-end fashion industry event. Upon the conclusion of all Fashi
  • Brandis Manufacturing and Marketing Private Limited, a fast emerging player in the Lingerie and the men Active-wear segment, announced the successful conclusion of a fund raise of up to INR 70crores, in multiple tranches, with Peepul Capital Fund III LLC as the sole investor. Brandis Manufacturing and Marketing Private Limited is in the process of building national presence in the Lingerie and the men Active-wear segments through its brands BEYOUTY and 2GO respectively. The women apparel m
  • TOM TAILOR Holding AG experienced accelerated growth in the third quarter following the completion of the BONITA takeover as of 1 August 2012. The Group has become a high-growth European fashion retailer with more than 1,250 stores and around 6,100 employees. With two strong brands the Group serves a broad target group ranging in age from 0 to 60. 'A new era began for TOM TAILOR in the third quarter, as BONITA officially became part of our Group in August. In our anniversary year, we do not o
  • Karl Mayer is exhibiting several machines at India ITME, which runs from December 2-7, 2012, at the Bombay Convention & Exhibition Centre in Mumbai, India, and believes that each of them are “exactly adapted to the requirements of Indian textile manufacturers”. At Stand P9/Q8 in Hall 5, the German firm will be showcasing its high-performance tricot machines, including the new HKS 3-M which has a working width of 210in and gauge E28. It will also be presenting its Fascination Lace FL
  • In the United Kingdom, Loughborough University’s School of the Arts and De Montfort University’s School of Fashion and Textiles, as part of a collaborative research project, are to explore new technologies for the colouring and patterning of textiles in a bid to boost the sustainability of the textile industry. Post graduate students from each University are investigating enzymatic and laser processing technologies. Whilst lasers and enzymes have both been used in textiles before, their appl
  • Due to energy shortages, the domestic textile industry is likely to miss its export target by $4 billion, including Christmas orders worth $1.5 billion during the current year, sources revealed. The industry is likely to face 700 MMCFD gas shortage in the current year against 500 MMCFD in the preceding year, officials said. The industry will face a drastic decline of about $1.5 billion in textile exports for Christmas, as exporters accepted 50 percent less orders in the current year, industry s
  • The Cotton Association of India (CAI) expects cotton output to fall five per cent this year to 354 lakh bales (lb) of 170 kg against 373 lb last year. The total supply including imports of 10 lb and opening stock of 53 lb works out to 417 lb, said a CAI press release issued on Monday. With the domestic consumption of 266 lb (excluding exports), the country will have a surplus of 151 lb to tap the export market, it said. Despite weak global demand, the country exported 127 lb last year.
  • The inventory of 22 listed Chinese garment makers totaled 38.18 billion yuan ($6.13 billion) in the third quarter. Around 90 percent of it is increasing, said Hexin Flush Network Services Ltd. According to the Zhejiang-based financial data supplier, Youngor Group's inventory ranked highest at 23.95 billion yuan. Hongdou Group Co Ltd came second place with 3.98 billion yuan. Garment makers' operating incomes have consequently declined. Five companies out of the 22 showed negative revenue gr
  • Fashion label Dolce & Gabbana has opened its first boutique in Kiev, Ukraine. Located on the ground floor of Mandarin Plaza Mall, the 315 sq m space houses men and women's apparel and the interior features handcrafted murano chandeliers, dark grey basaltina stone flooring as well as burgundy velvet wall panels and sofas. Source: Fashion Monitor
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