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Innovation: Valuable key to boost textile growth
Today’s consumers pick and choose from a wide array of inexpensive products. They are spending less on apparel, instead choosing to spend their disposable income on healthcare, electronics, education and travel and leisure. In order to attract toda...
Common facility centre for Sungudi sari weavers
A common facility service centre, for the Federation of Tie and Dye and Hand Printed Textile Cluster self-help groups weaving famous sungudi saris, was inaugurated at Avaniapuram in the state of Tamil Nadu on December 2.The Indian Bank has given Rs....
Providência to set up nonwoven fabrics plant in Statesville
In an address to community leaders and the media at the Statesville Civic Center, Hermínio Freitas, CEO of Brazilian-based nonwoven fabrics manufacturer Companhia Providência Industria e Comercio, re-affirmed his company’s commitment to building ...
Hancock Fabrics net income increases by $3.4 mn
Hancock Fabrics Inc announced financial results for its third quarter ended October 31, 2009, and year-to-date for fiscal 2009. Financial highlights for the third quarter include: Net sales for the quarter were $72.7 million compared with $70.6 mill...
Flare up in cotton prices keeps textile sector on boil
The textile industry had sighed with relief on market trends witnessed in the last three months. Textile and garment exporters who had borne the brunt of the economic turmoil, too had reasons to be happy, as order book positions were witnessing a ma...
Sales drop at Hellenic Fabrics
The Group’s results continued to be influenced by the persisting international financial crisis that affects the markets in which Hellenic Fabrics is active, resulting in drop of sales turnover and prices of products sold.The Group’s turnover was...

