September 14, 2025

Category : Retail

Global News Retail

AMERICAN EAGLE ANNOUNCES CLOSURE OF 50 STORES Company Reports Losses in Second-Quarter

Perfect Sourcing Newsdesk
by Perfect Sourcing Newsdesk08355
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,...
Fashion News Retail Sustainability

Myntra Fashions acquires a 100 percent stake in Deepika Padukone’s ‘All About You’

Perfect Sourcing Newsdesk
by Perfect Sourcing Newsdesk04036
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...
Fashion Featured Manufacturing News Retail

Import duties in Bangladesh apparel exports… Will this save India’s apparel industry???

Perfect Sourcing Newsdesk
by Perfect Sourcing Newsdesk05054
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...
Fashion Manufacturing News Retail Trade

Bangladesh’s readymade garment (RMG) Affected Badly Due to Covid

Perfect Sourcing Newsdesk
by Perfect Sourcing Newsdesk03159
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...
Fashion Featured Global News Retail Trade

Bankrupt retailer J. Crew Gets $130 million in rent concessions

Perfect Sourcing Newsdesk
by Perfect Sourcing Newsdesk02649
J.Crew has recently informed that the company has obtained the concessions as part of its “real estate optimization strategy” and after discussions with landlords regarding...