APPARELS MADE IN TELANGANA TO BE AVAILABLE FOR EXPORTS SOON
Made in Telangana apparel will be available for export across the globe within the next six months. Youngone, a Korean manufacturer of clothing, is setting...
Author : PS NewsDesk
JC PENNEY transfers USD 2.8Bn to Pension Beneficiaries
JC Penney has completed a transfer of pension risk to annuities provider Athene Holdings that ensures the bankrupt retailer’s retired employees will continue to receive...
FIRE AT TRIDENT WAREHOUSE
A major fire broke out in the cotton warehouse of Trident located in the manufacturing facilities at Budhni, Madhya Pradesh. The fire has resulted in...
WELSPUN TO BECOME CARBON NEUTRAL BY 2030
Welspun’s efforts to de-carbonize with proactive ESG practices is in line with its goal of becoming “carbon neutral” and “water positive” by 2030....
John Lewis shuts down 8 more stores
The John Lewis Partnership has announced plans to not reopen eight John Lewis stores when lockdown on non-essential retail is lifted from next month. The...
H&M Faces Backlash in Vietnam
H&M’s attempt to mend fences in China after angering consumers there with its stance against forced labour appears to have triggered another boycott next door...
A RAY OF HOPE..APPAREL RETAILERS IN THE US ON AN EXPANSION SPREE
LIST OF APPAREL RETAILERS in the US ON AN EXPANSION SPREE… Not all retailers are downsizing their physical assets in the wake of the pandemic....
JOB LOSSES FEAR IN BANGALORE’s GARMENT SECTOR
With a seeming second wave of the novel coronavirus in India, fears of job and income loss has struck again among Karnataka’s garment workers—most of...
GOVT HIGHLIGHTS MEASURES FOR REVIVAL OF TEXTILES INDUSTRY
In order to make the textile sector competitive by rebating all taxes/levies in international market, the Government has decided to continue the RoSCTL (Rebate of...
Pak Appeals for Lifting Ban on Imports From India
Pakistan’s textile ministry headed by Prime Minister Imran Khan has recommended the lifting of a ban on the import of cotton from India to bridge...