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...
Tag : pandemic
Editor’s End of year letter – Perfect Sourcing
NEW YEAR NEW HOPES… WILL 2021 WASH AWAY THE SCARS????? The year finally comes to an end, a year that was one of the worst...
MANISH ARORA STOPS OPERATIONS
Famous fashion designer Manish Arora’s namesake fashion brand has reportedly been knocked down by bad business deals, unpaid wages, lawsuits and vendor disputes that began...
Impact on Retail Sales of EU Lockdown just before the biggest shopping season of the year i.e. Christmas
Lockdown just before the biggest shopping season of the year i.e Christmas will be a huge blow especially to clothing retailers who wait for the...
Exclusive Conversation with Olaf Schmidt, V.P Textiles & Textile Technologies, Messe Frankfurt
Messe Frankfurt has come up with a big announcement of conducting two major textile related international trade fairs at the same timing. International suppliers of...
H&M launches Exclusive line for festive season in India
Fashion retailer H&M has launched a festive clothing line for men, women, and children exclusive to India and collaborated with six Bollywood celebrities on a...
DELAY IN NEW TEXTILE POLICY AGITATES INDUSTRY IN LUDHIANA
Though the Union Government announced to frame a textile policy way back in 2016, its slow pace has started bothering local textile manufacturers and traders....
EUROFINS EXPANDS SERVICES WITH NEW ACCREDITATIONS IN INDIA
Eurofins Product Testing India Pvt Ltd (Tirupur Lab) has been accredited by the Bureau of Indian Standards (BIS) for Personal Protective Equipment (PPE), thereby contributing...
TEXTILE HUB IN GORAKHPUR
Chief Minister Yogi Adityanath said that Gorakhpur would be developed as a textile sector hub of the country by bringing it under One District, One...
Apparel exporters already on the path of V-shaped recovery: AEPC Chairman
Apparel Export Promotion Council (AEPC) Chairman Dr A Sakthivel said that the double-digit growth in apparel exports in September. indicates that the sector has begun...