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Galleria Intima 2016 showcases latest technologies for innerwear

The only show for players in the lingerie and intimate wear supply chain – ‘Galleria Intima’, organised by Intimate Apparel Association of India (IAAI), Mumbai, completed five years of its establishment at the recently held New Delhi edition. The exhibition, which witnessed good participation from over 50 companies in the fabrics, accessories and technology segments of the industry, mainly from India and China, noted good visitation of many intimate wear manufacturers from across the country. […]

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India’s Lux Industries setting up new integrated unit

Indian innerwear manufacturer Lux Industries is setting up an integrated hosiery manufacturing unit in Dankuni, West Bengal, so that the company can centralize its production operations and further reduce production costs. The facility will be commercially under operation from the beginning of next month, according to a company statement. Reported to be the biggest in Asia, the facilities at the new unit would include knitting and cutting of innerwear garments through end-to-end production, warehousing, quality […]

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Lux Industries posts growth in FY ’15-16

Lux Industries, one of India’s leading innerwear companies, has reported a 3.51 per cent growth in topline, touching Rs. 940.86 crore mark in the fiscal year 2015-16 against Rs. 908.96 crores in 2014-15. Besides, the bottomline increased by 13.51 per cent touching Rs. 51.34 crores in the reporting year against Rs. 45.22 crores last year. Lux Industries maintained a compounded annual revenue growth of 12.56 per cent in the past five years and the company […]

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HanesBrands reports 1% surge in Q1 Net Sales

US-based global marketer of everyday basic apparels, HanesBrands has reported that its net sales surged 1 per cent to US $ 1.22 billion for the quarter ended April 2, 2016. The retailer in its press release has also mentioned that adjusted operating profit (excluding actions) zoomed 10 per cent to US $ 147 million, and adjusted EPS (excluding actions) increased by 18 per cent to US $ 0.26. On a GAAP basis, operating profit of […]

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Kolkata: Expecting boost with upcoming infrastructure and proactive approach

Kolkata holds the distinction of being the only textile hub of India which has achieved excellence in the manufacturing as well as branding of workwear, innerwear, kidswear, ethnicwear and recently in leggings too. Apparel Online has been following this progress, and recently a team in the city discovered that the city, with a mix of well-organized as well as less organized units, is further adding more and newer products to its basket, like denims and […]

February 29, 2016

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T T Ltd. to launch premium innerwear brand

T T Ltd., a leading textile player, which recently completed 25 years of being listed on Bombay Stock Exchange, is planning to launch a premium innerwear brand as part of their new strategy to move towards the fashion side of the fibre to fashion spectrum. The move is expected to improve margins and build the brand equity of the company, which has enhanced its knitwear range to become a garment company from an innerwear company. […]

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Kolkata’s EIGMEF Apparel Park to be complete soon

Whether it is for office-wear, innerwear, kidswear, ethnicwear or leggings, Kolkata is the only textile hub in India that offers quality as well as branded products both for export and domestic market. The city can expect to see expansion in all these product categories, as with the government support coming in, the EIGMEF Apparel Park that has been awaiting completion for the past few years seems on be back on track. Raj K Dugar, VP, […]

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Innerwear retailer Hanesbrands notes dip in sales

American innerwear retailer Hanesbrands has reported a dip of around 7 per cent in sales for the fourth quarter of the current fiscal. During the reporting quarter, net sales in activewear segment plunged 1.3 per cent to US $ 368 million. Activewear core sales, adjusted for currency variations and exclude revenue from acquisitions before the brand’s anniversary, dropped 12 per cent due to less traffic in the US market. Innerwear sales at Hanesbrands fell 5.9 […]

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