EU MAY SANCTION EURO 90 MN forWORKERS in BANGLADESH
The European Union (EU) may sanction a €90-million grant for one million Bangladeshi readymade garment (RMG) workers who have either been laid off or will...
AMERICAN EAGLE Outfitters Reports Quarterly Results
Digital demand accelerated, fueled by brand health and strong customer engagement American Eagle Outfitters, Inc. reported EPS of ($1.54) for the 13 weeks ended May...
The Warehouse Group New Zealand to close stores and cut jobs
The Warehouse Group says it will cut up to 950 jobs as part of a restructure in which six stores will close. Around 1000 jobs...
Not all masks are created equal….
New Hohenstein Quality Label for Tested Community Masks Community masks are mandatory in many communities to help contain the coronavirus. To be effective, community masks...
Bangladesh suppliers put Sears in Trouble
Sears Holdings has been warned of a legal action after allegedly refusing to stay more than $40 million of outstanding debt using its garment suppliers...
Reliance Industries turns into PPE fabric maker
When Reliance Industries acquired Alok Industries it did not anticipated that soon the mill will be churning out the most critical fabric the PPE making...
Revision of MSME Definition
Cabinet approves Upward revision of MSME definition and modalities/ road map for implementing remaining two Packages for MSMEs (a)Rs 20000 crore package for Distressed MSMEs...
India-Australia CEPA to triple India’s apparel exports to Australia: AEPC
As Prime Ministers of India and Australia get ready to hold their first virtual bilateral summit on June 4, the Indian Apparel exporters have requested for an early Comprehensive Economic Partnership...
UK RETAILER STUNG BY BANGLADESH BLACKLIST THREAT
A bitter public row has broken out between the Bangladesh Garment Manufacturers and Exporters Association and billionaire Philip Day’s Edinburgh Woollen Mill (EWM) group. The...
AEPC thanks government for excluding export turnover from MSME definition
Apparel Export Promotion Council (AEPC) Chairman Dr A Sakthivel thanked the Government for excluding turnover from exports in calculating the turnover limit while defining Micro, Small...