Debenhams To Close Six Stores Permanently
12,000 jobs at risk Debenhams said six stores will not reopen. Debenhams’ liquidation in December will put 12,000 jobs at risk. The flagship store on...
Tag : retailindustry
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...
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...
APPAREL SALES HIT IN NOVEMBER
Second lockdown impacts sales The latest figures from The Office for National Statistics found retail sales volumes fell 3.8 per cent in November compared to...
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...
THE MOST FASHION CENTRIC BRAND LAYS OF 60 EMPLOYEES IN INDIA…
Find out here…. Fast fashion retailer H&M has restructured its business and laid off around 60 employees in its India sourcing entity. The good news...
HOHENSTEIN ISSUES GUIDELINES FOR TESTING COMMUNITY MASKS
Testing and research partner Hohenstein will now test community masks according to the first European guideline for, the CEN Workshop Agreement. Hohenstein had already taken...
GAP INC REPORTS FLAT SALES IN Q3
Online Business Saves the Show for Brand Gap Inc, a US-based specialty apparel company, has reported its financial results for the third quarter (Q3) of...
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...
Lockdown 2.0 Begin in Europe Will Apparel & Fashion Industry Survive or Succumb???
The impact of coronavirus (COVID-19) was felt hard across apparel, and fashion industries. In Europe’s clothing sector, compared to the same period in 2019, production...