Neiman Marcus to cut workforce
Neiman Marcus will cut 5% of workforce as part of operating model in a bid to accelerate its growth roadmap. The moves come as part...
Author : PS NewsDesk
Under Armour plans Three new stores
Under Armour is set to open three new brand-owned stores in key cities throughout the UK over the next couple of months. The sportswear retailer’s...
Source Fashion London: Indian Exhibitors See Good Response
The UK has always been recognized as a center for excellence in fabrics and textiles. Furthermore, the UK is one of the leaders in drawing...
New Look to close 6 UK stores
The high-street fashion retailer New Look is closing stores in Birmingham, Coventry, Trowbridge, Kirkcaldy, Walthamstow, and Northampton. As part of the normal course of business,...
RMG Exports from Bangladesh Sees Hike
Readymade garment (RMG) (Chapter 61 & 62) exports from Bangladesh increased by 14.31 per cent to $27.418 billion in the first seven months of fiscal...
Adidas Foresee Loss of £1 billion
The sportswear giant Adidias is foreseeing losses after ending its partnership with rapper Kanye West following his antisemitic comments last November. The company expects lose...
M&S to Invest £480m for expansion in the UK
To provide in bigger, better stores across the UK, M&S will add 20 new stores in the next financial year. The department store retailer’s investment...
Valentine’s Day to Boost Sales of Retailers in the US and UK
While the slowdown in market has become an issue of concern for everyone in the supply chain the good news is that occasions like Valentines,...
Earthquake Jolts Turkiye, Impact on Fashion & Apparel Industry Evident
Turkiye experienced the strongest earthquake in more than 100 years this week; of magnitude 7.8 on the Richter scale. The death toll has already surpassed...
Industry Leaders Galore at BSL Conference
Brands & Sourcing Leaders Association organised a two- day successful conference and exhibition in New Delhi recently. The conference theme was Mission MMF 10X and...