Inditex delivers €866 million net profit in the third quarter, and reaches historic net cash position
The company has managed to turn around the impact caused by the Covid-19 pandemic, generating a net profit of € 671million in the nine months...
Tag : apparel
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...
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...
MANISH ARORA STOPS OPERATIONS
Famous fashion designer Manish Arora’s namesake fashion brand has reportedly been knocked down by bad business deals, unpaid wages, lawsuits and vendor disputes that began...
US CHINA RELATION UNLIKLEY TO IMPROVE BIDEN SAYS WILL NOT REMOVE TARIFFS
President-elect Joe Biden said he won’t immediately remove the elevated tariffs that the Trump administration imposed on China. Biden intends to first review the existing...
HOHENSTEIN ISSUES GUIDELINES FOR TESTING COMMUNITY MASKS
Testing and research partner Hohenstein will now test community masks according to the first European guideline for, the CEN Workshop Agreement. Hohenstein had already taken...
SUSTAINABILITY MOVES TO ANOTHER LEVEL
INTERNATIONAL BRANDS PLEDGE TO BECOME COMPLETELY GREEN With Covid 19 changing dynamics of business; everyone is taking the warning of climate change its effects seriously...
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...
Lockdown 2.0 Begin in Europe Will Apparel & Fashion Industry Survive or Succumb???
The impact of coronavirus (COVID-19) was felt hard across apparel, and fashion industries. In Europe’s clothing sector, compared to the same period in 2019, production...
Raymond launches anti-viral range of fabrics for suiting and shirting
Virasafe’ offers all-day protection from viruses and Germs due to the built in Silver Technology effective on a large range of microbes. The fabric finish...