Author : Perfect Sourcing Newsdesk

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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
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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
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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
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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,
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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
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INCREASE IN IMPORT DUTY ON OVER 200 TEXTILE PRODUCTS

Perfect Sourcing Newsdesk
The government has doubled the import duty on textile products — for the second time in a month — a move that is expected to