AMERICAN EAGLE ACQUIRES LOGISTICS COMPANY AIRTERRA
American Eagle Outfitters recently acquired logistics startup AirTerra, a startup cofounded by a former e-commerce logistics authority at Walmart and Nordstrom. AirTerra combines packages from...
Month : August 2021
Sales bounce back at Macy’s & Kohl’s
Macy’s and Kohl’s raised their projections for 2021 after easily beating expectations in the just-ended second quarter. Macy’s expects sales for the year of between...
COACH SEES GOOD SALES
Coach parent company Tapestry has seen its fourth quarter net sales reach $1.62 billion (£1.18 billion), marking a 126% per cent increase. On a 13-week...
Government Notifies Continuation of Scheme for Rebate of State and Central Taxes
The Government has issued Notification regarding continuation of Scheme for Rebate of State and Central Taxes and levies (RoSCTL) on export of garments and made-ups...
Nike named world’s most valuable apparel brand
Nike takes top spot in list of world’s most valuable apparel brandsfor the seventh consecutive year in a list of the world’s most valuable apparel...
Levi’s teams with tennis star Naomi Osaka
Levi’s recently collaborated with world number 2 tennis player Naomi Osaka, who is known as a fashion icon as well as a champion committed to...
AMAZON TO OPEN PHYSICAL STORES
Amazon is reportedly planning to open a number of physical department stores across California and Ohio The retail giant’s latest foray into physical retail will...
KVIC to supply 1.91 lakh Khadi durries for paramilitary forces
Khadi and Village Industries Commission (KVIC) has received a supply order of 1.91 lakh Khadi cotton durries worth Rs 10 crore for paramilitary forces. The...
India removes anti-dumping duty on viscose staple fibres
Department of Revenue has issued a notification revoking the anti-dumping duty on VSF with effect from August 12. In most of the competing nations, MMF...
£1.2m fine on Decathlon
French-owned sporting retailer Decathlon has been fined £1.2m for selling goods without proper safety warnings. Between 2016 and 2019, the French sporting goods chain, which...