Textile - Business News

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HONG KONG: Prada shares slightly higher in HK trading debut
[Jun 24, 2011] Shares of Italian fashion house Prada SpA have risen slightly in their debut on the Hong Kong stock exchange.

INDIA: Pantaloon Retail registers 34.8% jump in profits
[May 14, 2011] The core retail business turnover increased by 17.6% from Rs2,390.6 crore in March 2010 to Rs2,811.9 crore in March 2011. This was backed by both increased store expansion and same store sales growth, a company statement said here.

INDIA: Arvind aims for Rs 4,000-cr turnover
[Aug 18, 2010] Over the last 10 years, it has built market leadership in the fabric market with over 20 million meters produced annually and being sold in over 6,000 retail outlets across the country. Arvind is today synonymous with a vast range of lifestyles products - be it fabrics or apparels.

INDIA: Jindal Cotex Raises USD 38.75 mn via GDR Issue
[Jun 30, 2010] Jindal Cotex, engaged in manufacture of 100% acrylic, polyester spun grey yarns today announced that it has raised USD 38.75 million via issuing global depository receipts/shares (GDR/GDS).

UK: BASF confirms outlook for 2008 and presents longterm financial goal
[Jul 08, 2008] BASF has confirmed its outlook for 2008 despite signs of weakening growth in the chemical industry. For the current year, the company has revised its expectations for growth in global chemical production from 2.8 percent to 2.4 percent

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