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...
Author : PS NewsDesk
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...
APPAREL SALES HIT IN NOVEMBER
Second lockdown impacts sales The latest figures from The Office for National Statistics found retail sales volumes fell 3.8 per cent in November compared to...
Huge potential for Made in India apparels in Spain: Indian diplomat
B2B meeting held between Indian apparel exporters and buyers in Spain Indian apparel manufacturers can significantly increase their exports to Spain considering the recent transformations...
MOTHERCARE SEEING LOSSES
Mothercare has reported a loss in its financial year to date, as store closures affected its trading amid the Covid-19 pandemic. In the first 28...
BRITISH FASHION CHAIN JAEGER ANNOUNCES JOB CUTS
After British fashion chains Peacocks and Jaeger fell into administration, putting 4,716 jobs at risk and joining a growing list of retailers by the COVID-19...