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AB Cotspin Secures ₹18 Crore Cotton Yarn Order, Strengthens Growth Outlook

AB Cotspin India Limited has taken a significant step forward in its growth journey by securing a major order worth ₹18 crore for supplying 712 metric tonnes of cotton yarn. The order, scheduled for completion within two months, highlights the company’s strong standing in the textile sector and reinforces its reputation as a dependable supplier of high-quality yarn. The announcement sparked a sharp rally in the company’s stock, which surged 10.41% intraday to reach a high of ₹504 per share, up from the previous close of ₹456.50. With this move, the company’s market capitalization touched ₹1,032.07 crore. However, some profit booking brought the share price down to ₹467 per share, still reflecting healthy investor confidence. AB Cotspin operates in both textile and oil production segments, manufacturing cotton yarn, knitted fabric, cottonseed oil, and oilcakes. This diversified portfolio enables the company to capture demand across multiple industries, particularly in India’s key textile hubs. Looking ahead, the company has set ambitious financial targets for FY 2025–26, aiming for a turnover of ₹350–400 crore and an EBITDA of ₹40–45 crore. To achieve this, it is actively investing in sustainable practices, including the expansion of solar power capacity, which will not only lower costs but also appeal to global buyers who prioritize eco-friendly production. The timing of this order is particularly favorable, with the upcoming festive season expected to boost textile demand. The company is positioning itself to capture stronger growth in domestic markets such as Tirupur and Ludhiana, while also scaling its presence in exports. With its strategic focus on sustainability, operational efficiency, and market expansion, AB Cotspin is entering a promising phase. If it delivers on its ambitious growth plans, the company has the potential to transition from a small-cap textile player into a more influential force in both domestic and international markets.

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Giorgio Armani: A Legacy of Elegance Honored in Milan Milan has always been the heartbeat of Giorgio Armani’s world — and now, just weeks after his passing at 91, the city is honoring its beloved “King Giorgio” with a retrospective that feels both like a farewell and a celebration. On September 25, a grand exhibition opens at the Brera art museum, coinciding with the start of Milan Fashion Week and the 50th anniversary of the Armani label. Curated with Armani’s own input before his passing, the showcase brings together more than 100 garments — including rare suits and dresses — that defined his signature language of understated elegance. A Dialogue Between Fashion and Art Set against masterpieces of Italian art from the Middle Ages to the 19th century, Armani’s work finds new context. Striking dresses in deep blues and vivid reds stand alongside centuries-old paintings, a reminder that Armani’s aesthetic discipline belongs to a tradition of rigor, restraint, and timeless beauty. As museum director Angelo Crespi noted: “Armani’s aesthetic rigor is also an ethical rigor, like that of the greats of the past.” The End of an Era — and the Beginning of Another The retrospective is not only a tribute but also a turning point. Armani had fiercely guarded his independence throughout his career, resisting acquisitions and market pressures. Yet in his will, he laid out a clear roadmap for the future: the business is to be sold in phases, with potential suitors including LVMH, L’Oréal, and EssilorLuxottica. Until then, stewardship rests with Armani’s closest circle, including longtime collaborator Pantaleo Dell’Orco and a foundation created to safeguard his vision. A Fashion Week of Mourning and Celebration Milan Fashion Week, which opened with Gucci and will feature collections from Prada, Dolce & Gabbana, and Fendi, will reach its emotional high point on Sunday. At Brera, Armani’s final spring collection will walk the runway — a closing chapter designed by the man himself. For fashion lovers, this week is more than another showcase of trends. It is a chance to reflect on the extraordinary journey of Giorgio Armani — the boy from Piacenza who redefined modern dressing, the designer who stripped away excess to reveal the power of simplicity, and the man who turned “less is more” into a global standard of elegance. As Milan gathers to mourn and celebrate, the message is clear: Armani may be gone, but his spirit is stitched forever into the fabric of fashion.

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