Gurgaon Operating at Just 40% Production Capacity
Gurgaon which is usually crowded with workers, labours, cars and people has suddenly lost its charm. The cluster that houses more than 3000 garment units...
Tag : pandemic
More than 50% Job Losses in Jaipur ; Only 40% Production Capacity Utilized
Jaipur, the traditional hub that is known worldwide for its unique applications and work like block printing, bandhini, spray work, hand work, value addition of...
KOHL’S REPORTS JOB LOSSES
Kohl’s Corp. (KSS) disclosed in a regulatory filing that it reduced corporate jobs by about 15%, as it looks to save cash due to the...
John Lewis posts losses
In the first six months of this year, the John Lewis Partnership made a loss 55 million pounds, while sales were up marginally by 1%....
DIGITAL SALES SURGE AT INDITEX
Inditex had good news on returning to profitability as it recovered from the major hit it took at the height of the pandemic-linked lockdowns. It...
AMAZON ANNOUNCES TO HIRE 33,000 PEOPLE
Amazon has opened 33,000 salaried job openings across its business, from cloud computing engineers to managers in its warehouses, the strongest sign yet that the...
AMERICAN EAGLE ANNOUNCES CLOSURE OF 50 STORES Company Reports Losses in Second-Quarter
American Eagle Outfitters Inc. reported smaller-than-expected second-quarter losses and sales that beat expectations, boosted by intimates brand Aerie. On the company’s earnings call with analysts,...
Abercrombie & Fitch’s second-quarter online sales surged 56%.
The apparel retailer reported a surprise profit, as it cut costs amid the e-commerce boom. Abercrombie called out a slower start to the back-to-school season...
AEPC Appreciates FM’s Move
4 We welcome the decision of the Government to increase the outstanding loan limit from Rs 25 crore to Rs 50 crore and for raising...
Reusable ‘Triple Viral Shield’ Masks Produced by Loyal Textile Mills
Loyal Textile Mills on unveiled reusable ‘triple viral shield’ products with anti-viral coating, under its Supera Shield brand. Loyal said that it had collaborated with...