Victoria Secret UK Secures Itself from Bankruptcy
As per the new deal signed with Next Victoria Secret which has a store in MIlton Keynes, will continue to have a high street presence....
Category : Retail
AMERICAN EAGLE ANNOUNCES CLOSURE OF 50 STORES Company Reports Losses in Second-Quarter
American Eagle Outfitters Inc. reported smaller-than-expected second-quarter losses and sales that beat expectations, boosted by intimates brand Aerie. On the company’s earnings call with analysts,...
RELIANCE RETAIL ACQUIRES FUTURE GROUP AT RS 24,713 CR
Mukesh Ambani-led Reliance Industries said will acquire the retail and wholesale business and the logistics and warehousing business of Future Group in a deal valued...
Myntra Fashions acquires a 100 percent stake in Deepika Padukone’s ‘All About You’
Myntra Fashions has reportedly acquired a 100 percent take in Deepika Padukone’s ‘All About You’ for an unspecified amount, in what is one among a...
HAS THE RETAIL APOCALYPSE JUST STARTED?
The effect of Covid pandemic is showing real effect. After the trail of bankruptcies and closures, now job losses have begun at some of the...
950 jobs at risk at Marks & Spencer
The corona crisis accelerates the reorganization plans at Marks & Spencer: the British retailer wants to make three years progress in one year. That will...
Import duties in Bangladesh apparel exports… Will this save India’s apparel industry???
New Delhi is gearing up to impose duty/tax on any article of textiles imported from Bangladesh. The decision on Dhaka’s clothing export pressed by the lobby...
Bangladesh’s readymade garment (RMG) Affected Badly Due to Covid
The COVID-19 pandemic has exposed Bangladesh’s readymade garment (RMG) sector’s sensitivities by destabilising global supply chains and leading to a decline in demand. Orders received...