JC PENNEY transfers USD 2.8Bn to Pension Beneficiaries
JC Penney has completed a transfer of pension risk to annuities provider Athene Holdings that ensures the bankrupt retailer’s retired employees will continue to receive...
Tag : coronavirus
Uniqlo appoints green Doraemon as Global Sustainability Ambassador
Global apparel retailer Uniqlo announced that it has appointed Doraemon as its Global Sustainability Ambassador. The name of the green model of the internationally beloved...
GARMENT TECHNOLOGY EXPO DELHI POSTPONED TO JANUARY 2022
Due to increasing number of cases of Covid 19 Garment Technology Expo which was scheduled in May at NSIC, Okhla New Delhi, has been postponed...
WEST BENGAL TO SEE DOUBLE DIGIT GROWTH IN TEXTILES
West Bengal has set a target to double the state's textile industry to Rs.70,000 cr over a period of three to five years. The state...
Covid -19 Vaccine Arrives…..Will business be back on track?
Will it Change the game? What lies ahead? Buyers Share their response on 2021…. 2021 has arrived.. Now that the New Year and vaccine has...
Debenhams To Close Six Stores Permanently
12,000 jobs at risk Debenhams said six stores will not reopen. Debenhams’ liquidation in December will put 12,000 jobs at risk. The flagship store on...
Edinburgh Woollen Mill Gets a Buyer?
OWES £192 million to Creditors, says FRP There could be hope to save hundreds of high street jobs after Edinburgh Woollen Mill’s administrators FRP Advisory...
VF Corp to Restructure operations in Asia-Pacific
Following its acquisition of Supreme, VF Corporation, the Denver, Colorado-based owner of brands including Vans, The North Face and Timberland, is reorganizing its operations in...
PARIS CALLS OFF ALL LIVE RUNWAY SHOWS
COVID 19 CASES SURGE DISRUPTS FASHION WEEKS Two Paris Fashion Weeks scheduled for this month – menswear and haute couture – will not feature any...
HOME TEXTILE EXPORTS A SAVIOUR
Higher in-home consumption due to increased stay-at-home period and a sharper focus on health and hygiene amid the pandemic are helping Indian home textile exporters....