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The sustainable enterprise of EUROJERSEY

05 May 2022, Mumbai:

The Company's virtuous path with tangible results on measuring its environmental impact.

ALSO READ EUROJERSEY a successful start to 2022. Increasing turnover and preparing for new investments

EUROJERSEY has always been committed to integrating sustainability into its corporate strategy through the SensitivEcoSystem® programme, and since 2007 it has been implementing a series of virtuous behaviours and actions across the entire production process.

From the 100% renewable energy certified in 2008 to the first photovoltaic system in 2011, to the replacement of diathermic oil machinery for fabric thermofixing with new methane gas systems (2015-2019) and the installation of 9 new looms in the weaving department with high-efficiency motors in 2017.

The new thermal power plant built between 2018 and 2019, the construction of the solar photovoltaic system for the shipping warehouse and the new washing system after the printing process have enabled the company to save further resources.

RELEVANT NEWS EUROJERSEY presents the printing technologies of the Lingerie Collection SS23 of SensitiveR Fabrics

Thanks to the consolidation of investments in the production process made between 2016 and 2021, EUROJERSEY has changed its corporate DNA to making it ever more sustainable, reviewing its environmental impact and bringing it to a stage of true efficiency with significant results: energy -18% kWh/kg, water -23% l/kg, natural gas -16% scm/kg.

Moreover, there has been a 46% increase in kgs of textiles produced between 2016 and 2021. What are EUROJERSEY's objectives for the five years period 2021-2026?

The Company will strive to reduce water consumption by -20%, CO2 emissions by -15% per unit of product and will work on the regeneration of production waste with the aim of giving Sensitive® Fabrics a new lease of life.

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The sustainable enterprise of EUROJERSEY

FDCI x Lakme Fashion Week: R-Elan brought sustainable fashion

05 May 2022, Mumbai:

Collaborated with Rajesh Pratap Singh of Satya Paul for its 9th season at FDCI x Lakme Fashion Week.

The collection was symbolised by curvatures and disobedient lines, inspired by the work of Klimt, Muccha, and Toulouse-Lautrec.

ALSO READ Reliance Industries (RIL): R|Elan™ EcoGold with CiCLO®, the technology offers a biological solution

The show was held in the swimming pool area of Major Dhyan Chand National Stadium, India Gate, New Delhi for the first time ever.

The SFX of the show and the beauty of the ensembles really brought alive our concept of #reclaimfreedom.

RELEVANT NEWS RIL presents differntiable fabric technology R|Elan Kooltex

R-Elan fabrics enhanced the glamour quotient of the show significantly and also brought home the adaptability and versatility of smart fabrics.

This was the first on-ground Fashion Show after the pandemic and the new order collection was extremely well received by the audience.

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FDCI x Lakme Fashion Week: R-Elan brought sustainable fashion

FLFL informs lenders to present a debt restructuring plan

29 April 2022, Mumbai:

Future Lifestyle Plans Debt Restructuring Pitch.

Tells lenders it will soon present plan; must arrange *163 crores by tomorrow to keep bankruptcy at bay.

ALSO READ Future Lifestyle Fashion revival plan starts after Reliance acquisition deal fizzles

Future Tense
Future Lifestyle Fashion (FLFL) has a debt of Rs 2,129 cr.
Promoter Ryka Commercial Ventures has raised Rs 1205 cr from Blackstone.
FLFL had paid Rs 47.26 cr on Mar 31 to lenders as per one-time restructuring.
FLFL has to pay Rs 63 cr of the working capital loan; infuse Rs 100 cr equity.

RELEVANT NEWS Future of Future Group?
Payment has to be made by April 30 to avoid default.

Future Lifestyle Fashion Ltd (FLFL) informed on April 26 that it would soon present a debt restructuring plan, a move aimed at staving off its entry into the bankruptcy process, said two people aware of the matter.

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CREDITS: ET Dt 29-04-2022 (The news article has not been edited by DFU Publications staff)

FLFL informs lenders to present a debt restructuring plan

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