END OF AN ERA AS JCP FILES FOR BANKRUPTCY
J.C. Penney recently filed Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. With 846 stores and 85,000 employees, J.C. Penney...
Category : Retail
Apparel exports dynamics geared for big change
Will India lose share in US and EU or gain? An analysis As per the latest report by Wazir Advisors US economy is expected to...
Fashion weeks will now be a past???
Fashion week is over, according to Gucci. In a virtual press conference broadcast from his Rome studio, the label’s creative director, Alessandro Michele, announced that...
2020: A TOTAL WASHOUT FOR TEXTILES
Textiles and apparel units are reopening slowly in areas where they have received permissions, but the situation is not very encouraging. Companies like Century Textiles,...
1 crore job cuts likely in textile industry without govt support:CMAI
With around 80 per cent of the garment industry mostly micro, small and medium enterprises, CMAI, which has around 3,700 members employing over 7 lakh...
Primark comes to rescue exporters Amid Covid 19
The U.K. retailer, Primark owned by Associated British Foods Plc, said it would cover the wage component of clothing orders that were scheduled for shipment within...
Covid 19 depleting apparel industry Can cause Losses worth USD2 billion in India’s apparel industry
The news about impact of Covid 19 just seems to not stop. The latest figures being shared by Aepc and several other members of export...
NITMA requests for Six Month’s Moratorium on payment of Interest rates & Installments of Loans taken by Textile Mills
As an urgent interim relief to overcome the current financial stress due to Corona virus Crisis (Covid – 19), resulting in demand slump and uncertain...
What lies ahead for global apparel trade??
An in-depth analysis The pandemic coronavirus is giving rise to an economic slowdown along with immense human grief. The global outbreak has affected many businesses...
BUYERS CANCELLING ORDERS EXPOSES INDUSTRY TO HUGE RISK
When the world is going through one of the darkest phases in human history life is not easy for anyone. Exporters who have tirelessly created...