Vietnam’s textile and garment industry hit hard by COVID-19
Vietnam has traditionally focussed on garment production with little capacity for fabrics manufacturing. It is estimated that Vietnam imports up to 89 per cent of...
Author : Perfect Sourcing Newsdesk
END OF AN ERA AS JCP FILES FOR BANKRUPTCY
J.C. Penney recently filed Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. With 846 stores and 85,000 employees, J.C. Penney...
Rs 3 lakh crore MSME scheme Deciphered
Eligibility, procedure, rates and other questions answered Under this scheme, MSMEs borrowers with upto Rs 25 crores of total borrowing can avail an additional 20...
Manufacturing may move closer to consumers
The impact Coronavirus seems to be so deep that the effect of the same will be reflected in trade for many years. While for many...
FASHION & LUXURY WILL TAKE TIME TO REVIVE
McKinsey recently launched a report that highlights how will be the future of fashion industry. It has developed four scenarios, which depend on the interaction...
Shahi exports ensuring wellbeing of its 120,000+ employees
The biggest export house of the country has endorsed Call to Action on “COVID-19: Action in the Global Garment Industry” which aims to generate actions...
Picanol Achieves Milestone with 100,000th rapier weaving machine in Ieper
Picanol recently achieved an impressive milestone when its 100,000th rapier weaving machine rolled off the production line at its plant in Ieper, Belgium. Picanol is...
MSMEs may now get their grievances resolved within 7 days through this new govt portal
Ease of Doing Business for MSMEs : MSME Ministry on Tuesday announced a grievance registration and management system for issues around finance, raw materials, labour,...
Apparel exports dynamics geared for big change
Will India lose share in US and EU or gain? An analysis As per the latest report by Wazir Advisors US economy is expected to...
Fashion weeks will now be a past???
Fashion week is over, according to Gucci. In a virtual press conference broadcast from his Rome studio, the label’s creative director, Alessandro Michele, announced that...