Lux Industries is a company based in India, mainly engaged in the manufacture and sale of knitted apparels, including hosiery. The company is perhaps the largest mid-segment hosiery enterprise in India. The brands operated by it generate annual revenue of more than ₹100 crore each. Lux Industries is observed to be working with the largest number of trade partners and its products are also capable of reaching about 5,000 rural sectors. Its products are available not only in India but in over 46 countries across the globe. The company offers several products for men, women, and children.
The brands include Lux Cozi, Lux Cozi Big Shot, Lux Venus, Lux Classic, Lux Cozi GLO, Lux Karishma, Lux Touch, Lux Inferno and Lux Cottswool. Its main manufacturing units are located in Kolkata and Kerala. It also exports products to Africa, the Middle East, Singapore, Malaysia, Cameroon, Australia and North America. Lux Industries has undoubtedly maintained an uncompromised stance on the quality and comfort front since its inception. Providing the consumers with the best quality products has been the core established philosophy of the company.
Its automatic sewing machines are imported from Italy to provide the best quality. As yarn is the major raw material, Lux Industries ensures its supply from the best manufacturers in India and abroad. Each garment goes through a stringent, four-point inspection system that ensures complete quality control and the best outcome in terms of comfort and satisfaction. Some of the strengths of Lux Industries include rich sectoral experience, extensive distribution network, substantial cost leadership, proprietary manufacturing ability, vast product variety, and sharp focus on the mid-price segment.
Sector Overview
هذه القصة مأخوذة من طبعة January 04, 2021 من Dalal Street Investment Journal.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 04, 2021 من Dalal Street Investment Journal.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
