ONLINE IS NOT PERMANENT SAYS PRIMARK’S CHIEF
Primark’s chief executive Paul Marchant has slammed claims that COVID-19 has brought about a permanent shift to online shopping, Marchant took aim at pundits who...
Author : PS NewsDesk
Puma Private Equity invests £3.5 million in menswear retailer Ron Dorff
Puma’s private equity division Puma Private Equity has invested £3.5 million in menswear retailer Ron Dorff in an effort to support its growth strategy. Puma...
Inditex delivers €866 million net profit in the third quarter, and reaches historic net cash position
The company has managed to turn around the impact caused by the Covid-19 pandemic, generating a net profit of € 671million in the nine months...
Moody’s Report Anticipates Growth for Apparel Sector
According tot he report, the apparel industry’s profit will plunge 50% to 60% in 2020, then surge 70% to 90% in 2021, primarily in the...
DISPOSAL OF FLUSHABLE WIPE VIA NEW TECHNOLOGY
Flushable wipe is a whole new concept yet to hit the Indian market. With the importance of hygiene-related products under focus post-Covid, the usage of...
Pantone Picks Two Colors of the Year for 2021
Pantone best known for its system of standardised colours used across industries, got philosophical with its two picks for the coming year, “Ultimate Gray” and...
TARGET OUTPACING OTHER STORES IN GROWTH
WHICH STRATEGY WORKED WELL?? Target’s fiscal third-quarter earnings easily outpaced analysts’ estimates as retailer’s curbside pickup service grew more than 500% and its home delivery...
Apparel retailer Francesca’s plans to shut another 97 stores after filing for bankruptcy
The apparel chain Francesca’s is now planning to shut an additional 97 locations which comes after its recent filing for bankruptcy protection, according to court...
Lululemon See Rise in Sale
Sees Good Demand for Workout Apparels, Women’s wear Lululemon reported third-quarter sales of $1.1 billion, up 22% from a year ago, beating analysts’ estimates as...
TEA to train workers for garment export units
Tiruppur Exporters Association (TEA) will train 16,508 persons under the Scheme for Capacity Building in Textile Sector for employment in the garment export units. According...