Growth Strategies Archives | Apparel Resources
Home » Tag » Growth Strategies

# Growth Strategies

T. Merchandising Service achieves good growth in outdoor home products

Completing a decade of its operations, Noida-based buying house T. Merchandising Service has observed good growth in outdoor home furnishing products for US market and is further expecting same or even more growth. The company also added new vendors with it in recent months. Founded by Kaiser Roka and Tehmina Yadav, the company is now working with more than 60 vendors from across India on regular basis while almost 120 vendors are associated with it. […]

Share: 

Indian apparel exporter Superfine Knitters rolls out IPO

Superfine Knitters, one of the well-known fabric and apparel manufacturers based in Ludhiana, Punjab, India is coming up with its IPO (Initial Public Offering) of Rs. 4.08 crore. Thrilled about this move, Ajit Lakra, Managing Director of the company who is also associated with many industry associations of the city, told Apparel Resources, “It is better to go in public for funds rather than paying interest to the banks. With funds, we will however improve […]

Share: 

Kitex Garments to invest US $ 1 million in US

Set-up in the year 1992,India-based kidswear manufacturer Kitex Garments – which exports its products to the US and European markets, with per day textile capacity of 50 tonnes and 2.70 units of infant wear – has decided to invest up to US $ 1 million in the Capital of Kitex USA LLC during the fourth quarter of fiscal year 2017. Also Read – Kitex to launch new infant wear brand in US The company has […]

Share: 

Kalp Exim shifting target segment

Change is constant…, and also a strategy for survival and growth. Mumbai-based 22 years old buying house Kalp Exim too adopted the same system to change. Earlier working mainly with wholesalers, the company is now focusing on working with resorts, spas and hotels and those who have their own outlets. In last eight months, it is able to add almost 50 such clients in three countries – Maldives, Mauritius and Bali. Working with 30 vendors […]

Share: 

Italy aims to increase machinery exports to Ethiopian textile market

An Italian textile machinery delegation will be attending the forthcoming multi-industry Addis Chamber International Trade Fair (ACITF), to be held in Addis Ababa from 23 February to 1 March 2017. This delegation includes ACIMIT (Association of Italian Textile Machinery Manufacturer) associated members: Carù, Corino, Fadis, Ferraro, Itema, Marzoli, Mei, Reggiani, Roj, Salvadè, Savio, Sicam and Simet. It may be noted that Ethiopia is an emerging country as far as textile and garments sectors are concerned. […]

Share: 

Indian fashion designer opens flagship at Hyderabad

Known best for his patented Jodhpuri Bandhgala, Indian designer Raghavendra Rathore recently opened his eponymous designer store Banjara Hills Hyderabad, India. Spread across 1,700 sq. ft. of space, the designer’s customized boutique has the vast selection of men’s tailored and ethnic samples, specially woven in looms across the landscape of India. Each outfit is displayed as an individual design, upon which custom orders can be taken, in the choice of colour and slight detail change […]

Share: 

Why and how strongly can the HR Department help in industryʼs growth

Human Resource (HR) is not accepted as a partner in growth in owner-driven Indian apparel industry. This contention has been at the centre of discussion at various seminars and discussions, of late. Many HR professionals are asking critical questions – What is stopping the owners from doing so? Do they think that the HR Head/HR Department is not strong enough to become a tool/a partner for growth? How this culture will change? Equally important question […]

Share: 

Pranav Textiles to start working as a buying agent again

With some improvement in markets from the Indian perspective and China’s falling share in global apparel export, some of the companies that had moved away from apparel business are coming back. One of them is Pranav Textiles, which is into mainly yarn trading and is now planning to enter into garment export business as a buying agent. P. Suresh Kumar, Owner of the company informed Apparel Online, “Earlier too we were working as a buying […]

Share: 

Product-Process-People, key to A&E’s growth

Being one of the world’s foremost manufacturers of sewing thread, embroidery thread and technical textiles, A&E’s global presence extends from Asia to the European Union to the Americas, India being amongst the most important market for them. Through a joint venture with Vardhman Yarn and Threads Ltd., the company has been dedicatedly providing its customers in the country with the finest products and services at the highest quality, delivered anywhere globally. Talking exclusively to team […]

Share: 

Everest Textiles to start new plants in Ethiopia and US in 2017

Everest Textile Co., vertically integrated textile manufacturer from Taiwan, has disclosed that two of its new plants in Ethiopia and the US are scheduled to begin operations in the first half of current year. The plant in Ethiopia will manufacture garments for the company’s brand in Europe, while the US facility would supply knitted fabrics and garments to customers in the US. The two new factories are expected to add to the sales from garments […]

Share: 

Children wear label Toonz to add more stores

India-based children wear brand, Toonz is planning to launch new stores in couple of weeks in Davangiri, Bangalore, Nashik, Jabalpur, Hubli and Akola regions of the country while it has already started adding stores in Bhavnagar, Gwalior, Jaipur, and Borivili to its name. As of day, Toonz has 100 stores and its products are also sold on different e-commerce sites. In December last year, Toonz announced that it was planning to invest Rs. 5 crore […]

Share: 

GARCO 10 targets 6% rise in revenue

Garment 10 Corporation JSC (GARCO 10), a Vietnam-based apparel exporter, is targeting a 6 per cent rise in revenue in 2017 compared to last year. The company aims to earn a revenue of VNĐ 3.1 trillion and make a profit of VNĐ 62.5 billion in current fiscal. “The company will take initiatives and adopt austerity measures, besides prioritizing product quality, improving labour productivity and enhancing corporate governance in order to achieve these objectives,” said Nguyễn […]

Share: 

Bombay Dyeing plans to revive its textile retail business

Bombay Dyeing and Manufacturing Company, one of India’s largest producers of textiles, has drawn up a major strategy to revive its textile retail business and is looking for a turnaround in financial year 2017-18. “Manufacturing will be outsourced. From now till 2020, the Wadia Group-owned company plans to invest more than Rs. 100 crore in the brand, double its multi-brand outlets to 10,000, more than double its franchise stores to 500 and introduce 3-4 new products every year,” said […]

Share: 

SAXX Underwear receives US $ 50 million funding

Australia-based SAXX Underwear, an original producer of internal mesh panel underwear, has received a significant investment worth US $ 50 million by Brentwood Associates, a private equity investment firm. “With a nearly US $ 50 million cash infusion from Brentwood, we are eager to build upon SAXX’s strong foundation and continue to fuel our core growth strategies, ultimately providing greater value and variety for our customers. Our new product pipeline is robust, and the support […]

Share: 

Bangladesh PM suggests exporters to look beyond GSP

During the opening ceremony of the Dhaka International Trade Fair on Sunday, Prime Minister Sheikh Hasina has urged RMG business groups to find new spaces and diversify their product base to boost exports, instead of looking for GSP tariff. Hasina said “I have been to a few countries… and I have seen that they do not provide GSP. Consider what products we can offer which others can’t and the speed with which they can be […]

Share: 
1 2 3 9