Editor’s End of year letter – Perfect Sourcing
NEW YEAR NEW HOPES… WILL 2021 WASH AWAY THE SCARS????? The year finally comes to an end, a year that was one of the worst...
Month : December 2020
TIRUPUR ON THE ROAD TO RECOVERY
EXPORTS APPARELS WORTH RS 14,150 CR FROM APRIL-NOV GETS GOOD PUSH DUE TO DOMESTIC DEMAND Notwithstanding loss of work for nearly two months and partial...
TELANGANA GOVTS ASKS CENTER TO RELEASE FUNDS FOR TEXTILE SECTOR
The Telangana government asked the Centre to allocate funds in the Budget for 2021-22 for various textile projects in the State. It seeks immediate sanction...
COTTON SUPPLY DISRUPTED IN TIRUPUR
TEA INTERVENES AND ASKS MILLS TO CONTINUE SUPPLY Textile units in Tirupur have asked spinning mills to supply cotton immediately, alleging that the latter stopped...
Textile Ministry streamlines procedures for ATUFS
Extends various timelines in view of Covid-led disruptions The Textile Ministry has taken further steps to streamline procedures under the Amended Technology Upgradation Fund Scheme...
Arcadia brand Evans sold to Australia’s City Chic Collective for £23m
Evans’ stores are not included in the sale and will continue to trade for time being Arcadia’s administrators announced the sale of Evans’ brand, commerce...
London Has Fallen?
LONDON’S “TOUGHEST CHRISTMAS” SINCE WORLD WAR II Boris Johnson shuts down London as Europe death toll hits 500,000 Millions of people in England and Italy...
DUTY DISADVANTAGE IN UK A BARRIER FOR APPAREL EXPORTERS APPEALS PM TO REMOVE IT
Apparel Export Promotion Council (AEPC) has requested Hon’ble Prime Minister Shri Narendra Modi to take up early execution of Free Trade Agreement (FTA) with the...
NATIONAL TEXTILE POLICY TO BENEFIT INDUSTRY FEELS EXPERTS
Shares of textile companies were in focus at the bourse after National Textile Policy is ready to be considered for passage soon. According to a...
NEXT TO BUY ARCADIA GROUP???
Next is reportedly in advanced discussions with Sir Philip Green’s Arcadia Group about a takeover deal. The fashion retailer, along with US investment firm Davidson...