Month : August 2020

Global Manufacturing News Popular Posts

Queries for New Orders Raises Hope for Tirupur Cluster : Have buyers already started moving away from China??

Perfect Sourcing Newsdesk
Extension of Moratorium and Ease of Lockdown Restrictions Mandatory for Smooth Business It has been more than five months ever since the Covid 19 stuck...
Fashion Featured Manufacturing News Retail

Import duties in Bangladesh apparel exports… Will this save India’s apparel industry???

Perfect Sourcing Newsdesk
New Delhi is gearing up to impose duty/tax on any article of textiles imported from Bangladesh. The decision on Dhaka’s clothing export pressed by the lobby...
Global News Sustainability Technology

Ralph Lauren Corporation to invest in Natural Fiber Recycling

Perfect Sourcing Newsdesk
 Ralph Lauren Corporation announced a minority investment in Natural Fiber Welding,Inc. (NFW), a leading sustainable material science startup that has revolutionized the reuse of natural...
Fashion Manufacturing News Retail Trade

Bangladesh’s readymade garment (RMG) Affected Badly Due to Covid

Perfect Sourcing Newsdesk
The COVID-19 pandemic has exposed Bangladesh’s readymade garment (RMG) sector’s sensitivities by destabilising global supply chains and leading to a decline in demand. Orders received...
Fashion Featured Global News Retail Trade

Bankrupt retailer J. Crew Gets $130 million in rent concessions

Perfect Sourcing Newsdesk
J.Crew has recently informed that the company has obtained the concessions as part of its “real estate optimization strategy” and after discussions with landlords regarding...
News PSExclusive Retail Sustainability

The Lenzing Group Announces Q1 Results

Perfect Sourcing Newsdesk
The Lenzing Group, producer of specialty fibres, has announced its first half (H1) results for fiscal year 2020. Revenue during H1 FY20 ended on June...
Fashion Global News

Gap Inc. Announces a B2B product program for high Quality Masks

Perfect Sourcing Newsdesk
Gap Inc. has leveraged its deep supply chain relationships and agile operations to provide companies in both the private and public sector with high-quality reusable,...
Global News Popular Posts Retail

Debenhams Says it will cut 2,500 more jobs

Perfect Sourcing Newsdesk
Struggling department store group Debenhams says it will cut 2,500 more jobs as it struggles to survive the coronavirus pandemic. This is on top of...