Authentic Brands likely to takeover Debenhams & Arcadia Group
US retail firm Authentic Brands is reported to be in discussions with administrators at both Arcadia Group and Debenhams. Arcadia Group fell into administration on...
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ONLINE IS NOT PERMANENT SAYS PRIMARK’S CHIEF
Primark’s chief executive Paul Marchant has slammed claims that COVID-19 has brought about a permanent shift to online shopping, Marchant took aim at pundits who...
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...
TARGET OUTPACING OTHER STORES IN GROWTH
WHICH STRATEGY WORKED WELL?? Target’s fiscal third-quarter earnings easily outpaced analysts’ estimates as retailer’s curbside pickup service grew more than 500% and its home delivery...
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...
Debenhams stores set to close.
12,000 Jobs At Risk After the failure of last-ditch efforts to rescue the ailing store chain Debanhams has announced its closure. It means all 12,000 employees...
QIMA introduces QIMAone, a New Collaborative Quality & Compliance Software Platform
In a time of increased instability, compromised visibility and travel restrictions, one needs to leverage digital technologies that can help in providing provide high-quality, safe...
More than 50% Job Losses in Jaipur ; Only 40% Production Capacity Utilized
Jaipur, the traditional hub that is known worldwide for its unique applications and work like block printing, bandhini, spray work, hand work, value addition of...
AMAZON ANNOUNCES TO HIRE 33,000 PEOPLE
Amazon has opened 33,000 salaried job openings across its business, from cloud computing engineers to managers in its warehouses, the strongest sign yet that the...
INCREASE IN IMPORT DUTY ON OVER 200 TEXTILE PRODUCTS
The government has doubled the import duty on textile products — for the second time in a month — a move that is expected to...