Import duties in Bangladesh apparel exports… Will this save India’s apparel industry???
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...
Author : Perfect Sourcing Newsdesk
Ralph Lauren Corporation to invest in Natural Fiber Recycling
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...
Bangladesh’s readymade garment (RMG) Affected Badly Due to Covid
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...
IMPORTS FROM THE US EXPECTED TO REMAIN SLOW
U.S. imports are performing like a yo-yo, up one month and down the next with no apparent cause that can realistically point to either a...
The Lenzing Group Announces Q1 Results
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...
Gap Inc. Announces a B2B product program for high Quality Masks
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,...
Debenhams Says it will cut 2,500 more jobs
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...
MSME to propose lifting of export ban on PPE kits: Shri Nitin Jairam Gadkari
Hon’ble Minister of MSME and Road Transport and Highways Shri Nitin Jairam Gadkari said he will request Hon’ble Prime Minister and Hon’ble Minister of Commerce...
INCREASE IN IMPORT DUTY ON OVER 200 TEXTILE PRODUCTS
The government has doubled the import duty on textile products — for the second time in a month — a move that is expected to...