Private companies in Vardhman Textiles Limited (NSE:VTL) are its biggest bettors, and their bets paid off as stock gained 4.9% last week

Private companies in Vardhman Textiles Limited (NSE:VTL) are its biggest bettors, and their bets paid off as stock gained 4.9% last week

January 17, 2022

By Simply Wall St Published January 16, 2022 Every investor in Vardhman Textiles Limited (NSE:VTL) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are private companies with 34% ownership. In other words, the group...Read More

Bangladesh’s export earnings from major markets rebound

Bangladesh’s export earnings from major markets rebound

January 17, 2022

A file photo shows workers standing in queues before entering a readymade garment factory in Dhaka on August 1, 2021. Bangladesh’s export earnings in the first half (July-December) of the current financial year 2021-22 witnessed a robust growth in its major markets, including the United...Read More

Dirty greenwashing: watchdog targets fashion brands over misleading claims

Dirty greenwashing: watchdog targets fashion brands over misleading claims

January 17, 2022

The pressure group Changing Markets says brands are not doing enough to ensure clothing is recyclable. Photograph: indiaforte/Alamy Companies may have to change how they advertise or face court if in breach of consumer protection law Sarah Butler | Fri 14 Jan 2022 15.08 GMT Fashion...Read More

Pakistan Textile Exports Hit by Gas Crunch, Industry Body Says

Pakistan Textile Exports Hit by Gas Crunch, Industry Body Says

January 06, 2022

By Ann Koh and Faseeh Mangi | Mon, January 3, 2022, 4:58 PM·4 min read Pakistan’s natural gas shortage is hurting its crucial textile exports, according to an industry trade organization, putting even more stress on the nation’s struggling economy. About $250 million of...Read More

RIVETED: THE HISTORY OF JEANS to Premiere on PBS

RIVETED: THE HISTORY OF JEANS to Premiere on PBS

January 05, 2022

The special premieres Monday, February 7, 2022, 9:00-10:00 p.m. ET on PBS. by Michael Major Jan. 4, 2022 This February 2022, AMERICAN EXPERIENCE kicks off its new Winter-Spring season with "Riveted: The History of Jeans," the fascinating and surprising story of the iconic American...Read More

Siri on your shirt? Futuristic fabric makes way for clothes that work like smartphones

Siri on your shirt? Futuristic fabric makes way for clothes that work like smartphones

January 05, 2022

A multicolor display textile exhibiting softness and stability under distortion. (Fudan University) by Study Finds | JANUARY 3, 2022 SHANGHAI, China — A futuristic green fabric that works like a smartphone — with the ability turn clothing into touch screens — has been...Read More

Japanese apparel-makers increasingly conscious of human rights

Japanese apparel-makers increasingly conscious of human rights

January 05, 2022

Shoppers outside a Uniqlo clothing store in Barcelona last month | BLOOMBERG The Japan Times | Jan 4, 2022 | TOKYO (4 p.m.) Japanese apparel companies are strengthening their efforts to give due consideration to human rights when manufacturing clothes and other products, against the...Read More

GST Council decides to defer rate hike on textiles from 5% to 12%

GST Council decides to defer rate hike on textiles from 5% to 12%

January 03, 2022

Finance Minister Nirmala Sitharaman (File) By: ENS Economic Bureau | New Delhi | Updated: January 1, 2022 2:26:04 am The Goods and Services Tax (GST) Council, in its 46th meeting, on Friday decided to defer the proposed hike in tax rate for the textiles sector to 12 per cent from 5 per...Read More

Telangana Textile Traders Demand Rollback Of GST Hike

Telangana Textile Traders Demand Rollback Of GST Hike

December 31, 2021

Representational Image Hyderabad: The textile traders of Telangana held an emergency general body meeting consequent to the Centre's announcement of increase in GST from 5 per cent to 12 per cent (120 per cent increase) on textiles from January 1, 2022. More than 100 representatives of...Read More

Economic cooperation between Bangladesh and Thailand can unlock new potential

Economic cooperation between Bangladesh and Thailand can unlock new potential

December 29, 2021

Bangladeshi products have a huge potential market in Thailand. PHOTO: BLOOMBERG By Pathik Hasan, last modified: 22 December, 2021, 01:39 pm According to the Bangkok Post, Bangladesh has become the third largest trade partner of Thailand in south Asia. In 2018, the annual bilateral...Read More

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