FAST CHANGING DYNAMICS OF RETAIL IN THE US
US retail sales up a record 17.7% in a partial rebound. Americans are spending disproportionately more on essentials and less on luxuries. If there were...
Tag : covid-19
BIG RESPITE FOR EXPORTERS AS GOVT REMOVES BAN ON PPE EXPORTS
The government on Monday allowed export of personal protective equipment (PPE) medical coveralls for coronavirus with a cap of 50 lakh per month. The exports...
Louis Vuitton is opening its first stand-alone men’s store in Tokyo
Originally scheduled to coincide with the Summer Olympic Games in the Japanese capital, the opening comes as the country’s economy is reopening cautiously against the...
Trade Show Organizers in Jeopardy over future of exhibitions
Calendars that would ordinarily be filled with flight times and trade show meetings are being rebooked with Zoom calls and digital events as companies scramble...
Asia’s largest retailer Offering Uniqlo face mask
Fast Retailing Co., operator of the clothing stores, will begin selling reusable face masks in Japan, the company said. The masks, which will be sold...
Under Armour unveils Performance based Face Mask
Under Armour recently launched a new performance-focused face mask seeking to make exercise in gyms and in groups safer for athletes without restricting their breathing....
Victoria’s Secret UK Files for Bankruptcy leaving more than 800 jobs at risk.
The lingerie retailer, which has 25 stores across the UK, has hired administrators from Deloitte after being impacted by the coronavirus lockdown. The insolvency firm...
Workforce as asset for UP-CM
Uttar Pradesh is planning to replicate the success of Vietnam and Bangladesh in becoming a major textile manufacturing and exporting hubs as the influx of...
Reebok ends partnership with Crossfit after founder’s controversial tweet on Floyd killing
CrossFit founder Greg Glassman has apologised for a tweet that equated the police killing of a black man in the United States to the COVID-19...
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...