Tag : losses

Fashion Manufacturing News Retail Trade

Bangladesh’s readymade garment (RMG) Affected Badly Due to Covid

Perfect Sourcing Newsdesk
The COVID-19 pandemic has exposed Bangladesh’s readymade garment (RMG) sector’s sensitivities by destabilising global supply chains and leading to a decline in demand. Orders received...
News PSExclusive Retail Sustainability

The Lenzing Group Announces Q1 Results

Perfect Sourcing Newsdesk
The Lenzing Group, producer of specialty fibres, has announced its first half (H1) results for fiscal year 2020. Revenue during H1 FY20 ended on June...
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Debenhams Says it will cut 2,500 more jobs

Perfect Sourcing Newsdesk
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...