Edinburgh Woollen Mill Gets a Buyer?
OWES £192 million to Creditors, says FRP There could be hope to save hundreds of high street jobs after Edinburgh Woollen Mill’s administrators FRP Advisory...
Tag : Retail
Sainsbury Sees Strong Christmas sales
Sainsbury’s has witnessed a “strong Christmas” after an increase in like-for-like sales with more customers than ever placing online orders for the festive season. Sales...
VF Corp to Restructure operations in Asia-Pacific
Following its acquisition of Supreme, VF Corporation, the Denver, Colorado-based owner of brands including Vans, The North Face and Timberland, is reorganizing its operations in...
Kishore Biyani sees Fast Action Future’s $3.4 billion deal
India’s Future Group expects swift regulatory approval of its $3.4 billion deal to sell its retail assets, its chief executive said, even as its warring...
H&M: 50 STORES IN 5 YEARS
Opens new store in Bhubaneswar 50 stores in 5 years.. Yes H&M is mushrooming fast in India as it recently opened in Bhubaneswar. The brand...
MoT HIGHLIGHTS ACHIEVEMENTS OF 2020 IN A REPORT
Indian textiles ministry of the Indian government has recently released Year End Review for the year 2020. With development of a new industry valuing ₹7000...
70% of this brand sales coming online
Company Expects to see a baby boom in 2021, with searches for ‘new baby’ on its website up 274 per cent in December. Purchases made...
HUNT FOR NEW JCP CEO BEGINS
J.C. Penney is searching for a new CEO after its new owners Simon Property Group and Brookfield Asset Management Inc. decided to replace Jill Soltau....
Hohenstein Celebrates 75th Anniversary
Textile testing and research partner Hohenstein has reason to celebrate: this year marks the company’s 75th anniversary. Owner Prof. Dr. Stefan Mecheels is proud. “Our...
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...