PS NewsDesk, Author at Perfect Sourcing — Latest Fashion, Apparel, Textile and Technology News

Huge potential for Made in India apparels in Spain: Indian diplomat

PS NewsDeskDecember 20, 2020December 21, 2020

by PS NewsDeskDecember 20, 2020December 21, 202004299

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...

News Retail

MOTHERCARE SEEING LOSSES

PS NewsDeskDecember 17, 2020December 19, 2020

by PS NewsDeskDecember 17, 2020December 19, 202001739

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...

Retail Trade uncategorized

BRITISH FASHION CHAIN JAEGER ANNOUNCES JOB CUTS

PS NewsDeskDecember 17, 2020

by PS NewsDeskDecember 17, 202001616

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...

Authentic Brands likely to takeover Debenhams & Arcadia Group

PS NewsDeskDecember 17, 2020

by PS NewsDeskDecember 17, 202003963

US retail firm Authentic Brands is reported to be in discussions with administrators at both Arcadia Group and Debenhams. Arcadia Group fell into administration on...

Fashion Global Retail Trade

ARCADIA’S FLAGSHIP BRANDS TOPSHOP & TOPMAN VALUE DROPS BEFORE BUYOUT

PS NewsDeskDecember 17, 2020

by PS NewsDeskDecember 17, 202003462

Topshop, Miss Selfridge and Dorothy Perkins are reportedly now worth about half their £800 million value, following the parent company Arcadia’s administration. Arcadia’s retailers were...

Fashion Retail Trade

SECOND LOCKDOWN DENTS PRIMARK WITH LOSSES OF £430 MN

PS NewsDeskDecember 17, 2020December 17, 2020

by PS NewsDeskDecember 17, 2020December 17, 202001376

PRIMARK has informed that the second lockdown has brought about £430 million losses for the retailer Associated British Foods (AB Foods) said this figure was...

ONLINE IS NOT PERMANENT SAYS PRIMARK’S CHIEF

PS NewsDeskDecember 16, 2020December 17, 2020

by PS NewsDeskDecember 16, 2020December 17, 202002200

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...

Retail Trade Trending

Puma Private Equity invests £3.5 million in menswear retailer Ron Dorff

PS NewsDeskDecember 16, 2020

by PS NewsDeskDecember 16, 202002196

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...

Global News Retail

Inditex delivers €866 million net profit in the third quarter, and reaches historic net cash position

PS NewsDeskDecember 16, 2020

by PS NewsDeskDecember 16, 202002895

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...

News Retail Trade

Moody’s Report Anticipates Growth for Apparel Sector

PS NewsDeskDecember 14, 2020

by PS NewsDeskDecember 14, 202002315

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...

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India-EFTA Trade & Economic Partnership Agreement (TEPA) inked

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A Tête-à-Tête with Lalit Thukral, President of Noida…

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Apparel Imports from The US Surge; Despite Supply…

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Author : PS NewsDesk

Moody’s Report Anticipates Growth for Apparel Sector

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