IMPORTS FROM THE US EXPECTED TO REMAIN SLOW
U.S. imports are performing like a yo-yo, up one month and down the next with no apparent cause that can realistically point to either a...
The Lenzing Group Announces Q1 Results
The Lenzing Group, producer of specialty fibres, has announced its first half (H1) results for fiscal year 2020. Revenue during H1 FY20 ended on June...
Gap Inc. Announces a B2B product program for high Quality Masks
Gap Inc. has leveraged its deep supply chain relationships and agile operations to provide companies in both the private and public sector with high-quality reusable,...
Debenhams Says it will cut 2,500 more jobs
Struggling department store group Debenhams says it will cut 2,500 more jobs as it struggles to survive the coronavirus pandemic. This is on top of...
BACK TO SCHOOL SALES MAY NOT BE STRONG
Struggling department store group Debenhams says it will cut 2,500 more jobs as it struggles to survive the coronavirus pandemic. shopping revenue and sales and...
MSME to propose lifting of export ban on PPE kits: Shri Nitin Jairam Gadkari
Hon’ble Minister of MSME and Road Transport and Highways Shri Nitin Jairam Gadkari said he will request Hon’ble Prime Minister and Hon’ble Minister of Commerce...
INCREASE IN IMPORT DUTY ON OVER 200 TEXTILE PRODUCTS
The government has doubled the import duty on textile products — for the second time in a month — a move that is expected to...
Under Armour expects sales to fall 20% to 25% in second half of 2020 due to Covid-19
Despite better-than-expected financial results in the second quarter, Under Armour provided analysts with a cautious outlook due to the Covid-19 pandemic, causing shares to decline...
Inditex Takes Pledge to Support Workers Right & Suppliers
The biggest fast fashion retailer Inditex that has been sourcing fashion garments from many parts of the world has pledged to support workers’ rights and...
Polyester is now even better for the planet says new Higg MSI
The Sustainable Apparel Coalition’s release of the latest incarnation of the Higg Material Sustainability Index (MSI) show the environmental impact of polyester according to the...