Uniqlo Sees Jump in Sales
Same-store sales at Uniqlo’s Japanese stores and webstore surged by as much as 84.5% year-on-year in April while its total sales rose 92.1%. But those...
Category : News
Grasim Industries and Nanliu Enterprise Co. Ltd, Taiwan collaborate to donate 50,000 masks in Nagda, MP
Grasim Industries Limited, a flagship company of the Aditya Birla Group, has recently collaborated with Taiwanese nonwoven manufacturing firm Nanliu Enterprise Co. Ltd. to donate...
Adidas’ sale of Reebok a billion dollars Deal??
As Adidas’ sale of Reebok enters its operational phase, the German sportswear giant could net just one billion dollars according to some estimates. That is...
Asahi Kasei renews membership in Business Call to Action led by United Nations Development Programme
Asahi Kasei renewed its membership in the Business Call to Action (BCtA) led by the United Nations Development Programme (UNDP) in February 2021 with businesses in India for Bemberg™ regenerated cellulose fiber (cupro) and Microza™ polyvinylidene fluoride (PVDF) hollow-fiber...
NEW PAYMENT TERMS FOR GARMENT EXPORT
The Covid 19 has changed the dynamics of apparel industry forever. While for many years the garment exports business was either working on LC’s and...
100% FDI in Single Brand Product Retail Trading and upto 51% FDI
To attract leading international retailers for sourcing their garment and home textiles requirements from India, the Consolidated FDI Policy Circular 2020 provides 100% FDI 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...
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....
Uniqlo appoints green Doraemon as Global Sustainability Ambassador
Global apparel retailer Uniqlo announced that it has appointed Doraemon as its Global Sustainability Ambassador. The name of the green model of the internationally beloved...