Sangam news and archive

Sangam India plans to venture into retail, set up C 9 brand stores

Leading integrated textile conglomerate Sangam (India) is planning to enter the retail market by establishing a subsidiary Sangam Lifestyle Ventures. The subsidiary will focus on new exclusive chain of stores under the fashion brand name C 9. Through these exclusive stores in Tier I and II cities, Sangam will be able to offer more than 100...

Apparel

Sangam India reports net profit of Rs 12.24 cr in Q2

In Q2 this fiscal Sangam India has registered net sales/income from operations of Rs 353.04 crores as against Rs 385.66 crores for the quarter ended September 30, 2012. Net profit was at Rs 12.24 crores as against Rs 18.09 crore last year. The company has reported net sales/income from operations of Rs 720.66 crores for the half-year ended...

Apparel

Ajay Devgn sings up as brand endorser of Sangam

Bollywood actor Ajay Devgn has been roped in by Sangam Textiles as the brand ambassador of their formal men’s wear category. Sangam India, one of the known textile conglomerate, has locked a two-year endorsement agreement with the actor. The brand is also expanding to Tier III and Tier II cities. “We believe that the mass appeal of Ajay Devgn...

Apparel

Sangam net sales surge 6.5 percent

Sangam (India), a leading textile company has posted a robust growth in the third quarter ended December 31, 2012. The company reported total sales of Rs 327.96 crores as compared to Rs 307.92 crores in the corresponding previous quarter. EBIDTA for the quarter stood at Rs 51.30 crores as against Rs 31.10 crores in the corresponding period last...

Apparel

Sangam Q2 net profit up 200%

Sangam (India), a leading player in Polyester Viscose (PV) dyed yarn segment in India, posted a 200 per cent rise in net profit at Rs 18.09 crores for the second quarter ended September 30, 2012 as compared to Rs 6.03 crore in the corresponding quarter previous year. Net sales during this period grew by 2.2 per cent to Rs 384.06 crores as...

Apparel

Sangam Suitings to launch ad campaign with Virat Kohli

Sangam India, the leading textile conglomerate has stepped up its brand communication efforts. Come July, it will release its print campaign conceptualised by TBWA India. The campaign will feature its brand ambassador - Virat Kohli. The concept lies in brand positioning ‘You are what you wear’. The clothes are designed and styled under the...

Apparel

Sangam Suitings gets Power Brand status

Excellence can be achieved by mastery of fundamentals, keeping in mind virtues like quality, commitment and excellence on which Sangam Suitings was built and nurtured over all these years and has remained constant. Sangam Suiting’s enhance brand potential, brand essence, brand recall and brand impact have helped in its selection for the ‘Power...

Fashion

India’s denim industry gains as China’s cuts production

The Indian denim industry is on a high thanks to China. With China and the US significantly cutting their denim capacity over last year, Indian denim makers’ business has seen a surge lately. While the domestic market has been growing by 10 per cent, the foreign order books have risen between 10 per cent and 15 per cent, say experts. Meanwhile...

Apparel

Sangam to raise Rs 135 cr through TUF

Sangam India, a textile company has decided to raise Rs 135 crores at the subsidised rate of 6.75 per cent, through Technology Upgradation Fund (TUF). It will invest Rs 180 crores to double its denim capacity to 32 million metres. It also has plans to set up texturing yarn production capacity of 7,200 tonnes per annum and install 2,304 rotors...

Apparel

Sangam launches new TVC campaign

With brand ambassadors Suniel Shetty and Virat Kohli, Sangam India has launched its Naturals and Glaciers collection through a TV campaign. The ad has been created by TBWA India and went on air recently. Through short stories of two men in question, the campaign portrays the concept of ‘You are what you wear’. Shetty and Kohli with their witty...

Apparel

Sangam offers designer saris

Sangamsarees.com – the online Indian clothing store for saris have launched designer stylish Indian saris collections. Sangam Sarees offers saris for all occasions from party saris, to wedding saris, bridal, printed, designer saris, silk saris and net saris. Also available are embellished, painted, beaded and embroidered. They use high grade...

Apparel

Sangam to launch premium products

Home-grown textile firm Sangam India is exploring strategic alliances with international fashion brands to launch premium product lines in the country. The company, which recently signed on Bollywood actor Suniel Shetty and cricketer Virat Kohli as its brand ambassadors, also plans to expand its distribution network and invest aggressively in...