Victoria Secret UK Secures Itself from Bankruptcy
As per the new deal signed with Next Victoria Secret which has a store in MIlton Keynes, will continue to have a high street presence....
Tag : coronavirus
950 jobs at risk at Marks & Spencer
The corona crisis accelerates the reorganization plans at Marks & Spencer: the British retailer wants to make three years progress in one year. That will...
Nike revenues drop by 38%.
Nike saw fourth-quarter revenue drop 38 percent year-over-year to $6.31 billion alongside a net loss of $790 million as the athletic apparel and footwear giant’s...
U.S. retail sales jumped by a record 17.7.. How long the trend continue????
U.S. retail sales jumped by a record 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the...
Custom delays in CHINA consignments; Puts Importers in Trouble
The recent tension between India and China is taking a new turn. While on one hand the Govt has banned Chinese apps on the other...
Prime Minister Jacinda Ardern ‘angry’ at the Warehouse Group
After the warehouse group announced closure of stores and job Prime Minister Jacinda Ardern said the Kiwi retailer had traded on an image of being...
The Warehouse Group New Zealand to close stores and cut jobs
The Warehouse Group says it will cut up to 950 jobs as part of a restructure in which six stores will close. Around 1000 jobs...
Reliance Industries turns into PPE fabric maker
When Reliance Industries acquired Alok Industries it did not anticipated that soon the mill will be churning out the most critical fabric the PPE making...
Mango selling reusable safety masks
MANGO includes reusable safety face masks in its collection. The designs for adults and children have been produced with various prints and will go sale...
Cambodia Faces Brunt of Covid 19
In Cambodia alone up to 130 factories have asked the country’s Labor Ministry for permission to suspend their operations entirely or partly. With about 750,000...