Loss Of USD 30 Bn to Indian Retail in 15 days- CAIT
The Confederation of All India Traders informed that the losses incurred by the retail trade of the country in the last 15 days due to ...
Category : Retail
H&M Comes out in Support of Its Vendors.. But how many more will join them?
Swedish retail giant H&M assured its garment suppliers of taking shipment of goods that have already been manufactured,. H&M came up with the message at...
Amazon Closes U.S. Apparel Returns Warehouse Amid Worker Alarm
Amazon has extended the shuttering of a warehouse dedicated to returning apparel after three workers tested positive for Covid-19, the first known instance of the...
Production stopped at units in Tamil Nadu
Apparel and home textile exporters in Karur stopped production from March 24. Other textile mills in Tamil Nadu will decide according to their order positions....
Lockdown in Italy impacts retail and manufacturing
Luxury fashion is bracing for impact as Italy has been put into complete lockdown amid the coronavirus outbreak.Italy has a fashion-and-textile industry worth $107.9 billion,...
CMAI urges Govt to Save Industry from Deep Crisis
Team Perfect Sourcing spoke to CMAI about the current crisis in the industry and feedback was received. The current crisis caused by the Coronavirus will...
Stakes of Victoria secret sold
Victoria’s Secret, which once defined sexy with its leggy supermodels prancing around in their bras and oversized angel wings, is being sold as women increasingly...
Fashion Industry Leaning Towards AI for Economic Sustainability
Despite the established nature of the fashion industry, AI is fundamentally transforming the manufacturing of products to the way they are marketed and sold. AI...
Pier 1 Imports Announces to Close More than Half of Its Stores
Pier 1 Imports, the specialty furniture chain once hailed as a trendy destination for young professionals, recently announced that it might close up to 450 of...
Sri Lanks Sees Increase in Apparel exports in 2019
Sri Lanka earned a record 5.3 billion U.S. dollars from its apparel exports in 2019, showing a 5.1 percent year on year increase, according to...