Debenhams Says it will cut 2,500 more jobs
Struggling department store group Debenhams says it will cut 2,500 more jobs as it struggles to survive the coronavirus pandemic. This is on top of...
Tag : business
Chico’s Canada-based business has gone bankrupt.
Chico’s FAS Canada Co., filed for bankruptcy with the Office of the Superintendent in Bankruptcy in Ontario. The proceedings will be conducted through the District...
ADIDAS NEARLY DOUBLES E-COM SALES IN CHALLENGING SECOND QUARTER
Global coronavirus pandemic causes closure of over 70% of Adidas’ stores at high point “The past quarter brought unprecedented challenges for Adidas business as large...
AEPC greets loan restructuring but awaits rollout of revised ECLGS
Welcoming the RBI’s decision to extend the provision of restructuring of MSME loans, Apparel Export Promotion Council (AEPC) Chairman Dr A Sakthivel requested the government...
“CAUTIOUS MANUFACTURING & TECHNOLOGICAL UPGRADATION TO BE THE WINNING MANTRAS,” Virender Sharma, GM Sourcing & Quality, KAS ASIA
PS: We would like to know how KAS Asia is managing this phase of uncertainty? Virender: Australia has done a tremendous job in managing the...
“SPEED & INNOVATION TO DRIVE BUSINESS IN THE FUTURE,”Devender Gupta, Founding Partner, Asmara India
PS: What are the most prominent changes you have observed ever since Covid has hit? Devender: The biggest change that has happened to business due...
Cold water creek to shut down after three decades
Women’s specialty apparel chain Coldwater Creek has called it quits after more than three decades. The seller of classic women’s apparel, footwear and accessories last...
INCREASE IN COVID 19 CASES IMPACTS PRODUCTION IN SURAT
The recent spike in Covid-19 cases has halted the revival in Surat’s synthetic textiles hub. With roughly 215 fresh daily cases and the tally at...
Messe Frankfurt celebrates its 780th anniversary
On 11 July 1240, Emperor Frederick II granted trade fair rights to Frankfurt am Main, marking the birth of Messe Frankfurt. Now, 780 years later,...
Arvind Fashion to Raise Capital
Arvind Fashions has seen its apparel brand sales drop during the lockdown and struggling to meet the operational costs, including payment of salaries to staff....