Frasers Group may take a hit in excess of £100 million due to the Covid-19 lockdown
Frasers Group has said it could take a hit in excess of £100 million due to the Covid-19 lockdown on non-essential retailers lasting until April...
Tag : covid19
OPERATIONS RESUME IN KARUR BUT WITH ONLY 10% STAFF
Home textile export units in Karur district started their operations with 10% staff from Monday after government allowed them to complete their pending orders. Already...
TEA APPEALS TO SEEK VACCINE FACILITY AT ESI
The Tiruppur Exporters Association has appealed to the Central government to advise ESI Corporation to take up mass vaccination for all insured employees. In a...
VACCINATION DRIVE IN T&A SECTOR
With the spread of second wave of COVID-19 in our country, the governments, institutions, corporates, NGOs and individuals are coming together to combat the unprecedented...
INNERWEAR COMPANIES CLOCK GROWTH AMIDST PANDEMIC
While things may be going for a toss for almost all apparel and textile related segments; there is one sector which has defied the tough...
M&S TO CLOSE STORES AS LOSSES WIDENS
M&S posts £201mn loss after lockdowns affect store sales. Marks & Spencer has announced plans to reduce its store estate after it plunged to a...
Paris Fashion Week approved for physical men’s shows in June
France is gradually lifting its COVID-19 lockdown restrictions, and is planning physical Paris Fashion Week for men’s wear being cleared for June. France’s governing fashion...
Grasim Industries and Nanliu Enterprise Co. Ltd, Taiwan collaborate to donate 50,000 masks in Nagda, MP
Grasim Industries Limited, a flagship company of the Aditya Birla Group, has recently collaborated with Taiwanese nonwoven manufacturing firm Nanliu Enterprise Co. Ltd. to donate...
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...
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...