Home / Knowledge / News / Apparel/Garments / Gunze to enter into JV with Chinese firm to sell underwear
Gunze to enter into JV with Chinese firm to sell underwear
15
Dec '10
Gunze Ltd is entering into a joint venture with one of the major Chinese lingerie manufacturers in order to sell underwear in China. This venture is a positive step towards long-term expansion into the Chinese market.

The joint venture is likely to come up in February, 2011. The undertaking will sell the core products of Gunze as well as underwear of its proprietary brands in 350 shops by March 2015, with the yearly sales estimated at three billion yen. Gunze Ltd is going to own 51 percent of the shares of the new company and the remaining 49 percent shares will be held by Beijing Aimer Lingerie Co.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: SIMA

Textiles | On 6th Dec 2016

Amma gave special attention for textile growth in TN: SIMA

Former Tamil Nadu chief minister J Jayalalithaa paid special...

Textiles | On 6th Dec 2016

Cash inflow will revive sales: Textile industry

The textile industry representatives are hopeful of revival of...

Courtesy: EFI Reggiani

Textiles | On 6th Dec 2016

EFI Reggiani shows inkjet textile solutions at India ITME

EFI Reggiani, a leading technology provider of a full range of...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search