BRITISH FASHION CHAIN JAEGER ANNOUNCES JOB CUTS
After British fashion chains Peacocks and Jaeger fell into administration, putting 4,716 jobs at risk and joining a growing list of retailers by the COVID-19...
Category : Trade
ARCADIA’S FLAGSHIP BRANDS TOPSHOP & TOPMAN VALUE DROPS BEFORE BUYOUT
Topshop, Miss Selfridge and Dorothy Perkins are reportedly now worth about half their £800 million value, following the parent company Arcadia’s administration. Arcadia’s retailers were...
SECOND LOCKDOWN DENTS PRIMARK WITH LOSSES OF £430 MN
PRIMARK has informed that the second lockdown has brought about £430 million losses for the retailer Associated British Foods (AB Foods) said this figure was...
Puma Private Equity invests £3.5 million in menswear retailer Ron Dorff
Puma’s private equity division Puma Private Equity has invested £3.5 million in menswear retailer Ron Dorff in an effort to support its growth strategy. Puma...
Moody’s Report Anticipates Growth for Apparel Sector
According tot he report, the apparel industry’s profit will plunge 50% to 60% in 2020, then surge 70% to 90% in 2021, primarily in the...
Apparel retailer Francesca’s plans to shut another 97 stores after filing for bankruptcy
The apparel chain Francesca’s is now planning to shut an additional 97 locations which comes after its recent filing for bankruptcy protection, according to court...
Americans Squeeze Shopping Budget for Holidays
Almost 40% of Americans plan to spend less on gifts this holiday season than they did last year, the largest such percentage since 2013, according...
APPAREL EXPORTS TO RISE AGAIN AS BIDEN JOINS AS PRESIDENT?
The United States is the largest apparel trading partner of India, while, for the former, India ranks fifth amongst the readymade garments (RMG) importing destinations....
Can UAE be a potential market for apparel exports?
United Arab Emirates (UAE) is been seen as an important market for Indian apparels as there is huge untapped potential for increasing exports. Speaking at...
A RAY OF HOPE AS EXPANSION AND GROWTH SEEN IN SECTOR
India is finally seeing some ray of hope as Many existing garment and textile making companies have announced new projects for apparel manufacturing or have...