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As part of the strategy to consolidate their top position in Indian textiles industry, the promoters of Mumbai-based Donear Group have announced the acquisition of OCM Woolen Mills.The distributors of OCM, who generally witness lower sales during non-winter seasons, will be able to sell an additional range of products, especially Giza, Supima, wrinkle-resistant cotton fabric for jackets, trousers etc. and Terry Rayon fabric for suit lengthsports movies Open URL :j158.cc“We have quite a strong online presence as well, with approximately 12,000 and 2,50,000 followers on Facebook and Instagram respectively. Our out-of-box approach with a touch of traditionalism, progressive vision and technical strength has got us to a different benchmark of custom tailoring,” shares Gupta.sports movies Open URL :j158.ccClark added, “Dip will transform our apparel business, further redefining the customer experience through Restock Kroger.” Open URL :j158.cc
On the private equity side, Sood told PTI, “We have raised money in 2013 and we have raised money in 2018, as we are now entering a new phase of growth we will definitely need to raise money. How much and when we raise is still up for question but I think in the next 12 to 24 months we will raise something from private equity. Also given the fact that we have existing investors on board, we owe them an exit. So I think that’s there.”sports movies Open URL :j158.cc– The company will continue to assess store closure decisions and will reopen stores as it is safe to do so based on the status of the pandemic. The Chapter 11 process will not impact the timing of store re-openings.sports movies Open URL :j158.cc3. The more data we have, the better it is Open URL :j158.cc
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