Lakhs of Jobs at Stake in nonwoven industry
Export curbs due to Covid-19 outbreak is taking a huge toll on Spunbond nonwoven industry and has put lakhs of jobs at stake warns Non-Woven...
Month : July 2020
U.S. IMPORTS PERFORMING LIKE A YO-YO
Imports at major U.S. retail container ports are expected to remain significantly below last year’s levels into this fall as the impact of the COVID-19...
SOURCING AT MAGIC GOES ONLINE
SOURCING at MAGIC and FOOTWEAR SOURCING, the largest fashion sourcing and supply chain events serving the fashion apparel, footwear, and accessory markets, will launch an...
Gap and Levi’s To pay dues to garment vendors
After facing a backlash on social media for not paying dues several retailers have announced that they will be making payments to suppliers as quicks...
Rajiv Suri MD Shoppers Stop Exits
The managing director and chief executive officer of Shoppers Stop Rajiv Suri has quit the company, two years after being at the helm of the...
ZARA SEES GROWTH AND PROFITS IN INDIA
Spain’s luxury fashion brand Zara posted 45.54 percent growth in its profit after tax to Rs 104.05 crore from the Indian market in 2020 fiscal,...
INCREASE IN COVID 19 CASES IMPACTS PRODUCTION IN SURAT
The recent spike in Covid-19 cases has halted the revival in Surat’s synthetic textiles hub. With roughly 215 fresh daily cases and the tally at...
Messe Frankfurt celebrates its 780th anniversary
On 11 July 1240, Emperor Frederick II granted trade fair rights to Frankfurt am Main, marking the birth of Messe Frankfurt. Now, 780 years later,...
Extended lockdown in Maharashtra creates big trouble…
Rats and water leakages destroys machinery in textile units It is a well known fact that any machinery if kept unused for a long time...
Another retailer files for bankruptcy…
Brooks Brothers, founded in 1818, is the recent that has filed for bankruptcy. The retailer, which generated more than $991 million in sales last year,...