Singapore to sell Hermes bags and gold bars seized from launderers
By Bloomberg Published August 12, 2025 Singapore is set to sell an eye-watering variety of luxury items confiscated from money...
Fashion
No festival boost for south India cotton yarn; prices hold firm
Cotton yarn prices in Mumbai and Tiruppur remained stable despite weak demand following the US’ 50 per cent tariff on...
Russian diamond maker Alrosa flags high rates, inflation pressure as revenue falls
By Reuters Published August 12, 2025 Russia's sanctions-hit diamond producer Alrosa reported a 25% fall in first-half revenue on Tuesday,...
Riyadh-based SABIC introduces Megamolding for large thermoplastics
Normal 0 false false false EN-IN X-NONE X-NONE SABIC, a global leader in the chemical industry, has introduced MEGAMOLDING, an...
Nykaa posts two-fold rise in quarterly profit on beauty products demand
By Reuters Published August 12, 2025 FSN E-Commerce Ventures, the parent of Indian beauty products retailer Nykaa, posted a quarterly...
Shelton to bring deep learning AI to ITMA Asia + CITME 2025
Normal 0 false false false EN-IN X-NONE X-NONE Machine learning and AI are now entering the field of textile technology...
US apparel imports show sharp swings after tariff hikes in April
In the US, average retail apparel prices in June rose slightly by 0.4 per cent month-on-month (MoM), following declines of...
Gildan close to buying Hanesbrands at $5 billion value, FT Says
By Bloomberg Published August 12, 2025 Canada’s Gildan Activewear Inc. is in advanced talks to buy US underwear maker Hanesbrands...
Siegwerk to acquire Dutch specialty chemicals firm Allinova
Normal 0 false false false EN-IN X-NONE X-NONE Siegwerk Druckfarben AG & Co. KGaA, one of the leading international suppliers...
Swiss sneaker brand On lifts targets as Europe, Asia fuel demand
By Bloomberg Published August 12, 2025 On Holding AG lifted its sales and earnings forecasts for the year after an...
