BLACK FRIDAY IN COVID ERA – BOOM or BANE?
Bluecore’s 2020 Black Friday Report reveals that an average of 59% of retailers’ Black Friday sales were from first-time buyers. Consumers spent an estimated $9...
Tag : news
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....
IMA s.p.a Organises Its First Digital Event Launches Innovative Products
Amidst the pandemic that has hit sales and marketing efforts of almost all companies in all sectors, IMA s.p.a that has been offering world class...
TIRUPUR ON THE ROAD TO RECOVERY
EXPORTS APPARELS WORTH RS 14,150 CR FROM APRIL-NOV GETS GOOD PUSH DUE TO DOMESTIC DEMAND Notwithstanding loss of work for nearly two months and partial...
TELANGANA GOVTS ASKS CENTER TO RELEASE FUNDS FOR TEXTILE SECTOR
The Telangana government asked the Centre to allocate funds in the Budget for 2021-22 for various textile projects in the State. It seeks immediate sanction...
Textile Ministry streamlines procedures for ATUFS
Extends various timelines in view of Covid-led disruptions The Textile Ministry has taken further steps to streamline procedures under the Amended Technology Upgradation Fund Scheme...
Apparel retailer Francesca’s plans to shut another 97 stores after filing for bankruptcy
The apparel chain Francesca’s is now planning to shut an additional 97 locations which comes after its recent filing for bankruptcy protection, according to court...
Lululemon See Rise in Sale
Sees Good Demand for Workout Apparels, Women’s wear Lululemon reported third-quarter sales of $1.1 billion, up 22% from a year ago, beating analysts’ estimates as...
Americans Squeeze Shopping Budget for Holidays
Almost 40% of Americans plan to spend less on gifts this holiday season than they did last year, the largest such percentage since 2013, according...
TESCO TO SELL ITS THAILAND AND MALAYSIAN BUSINESS
Following the announcement on 9 March 2020 that Tesco had agreed to sell its businesses in Thailand and Malaysia to C.P. Retail Development Company Limited...