Tag : retailindustrynews

News

Lockdown 2.0 Begin in Europe Will Apparel & Fashion Industry Survive or Succumb???

Perfect Sourcing Newsdesk
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...
News

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...
Manufacturing

DOLLAR INDUSTRIES COMMISSIONS 4MW SOLAR PLANT IN TIRUPUR

Dollar Industries Limited, one of the leading apparel brands in India, has commissioned a 4 MW solar power plant at its manufacturing facility in Tirupur....
News

THE UNION TEXTILE MINISTER SMRITI IRANI TESTS POSITIVE FOR CORONA

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The UNION textile Minister Smt. Smriti Z Irani recently announced on Twitter that she has been tested positive for the Coronavirus.  She took to Twitter...
News Retail

Flipkart to buy 8 percent stake in Aditya Birla’s fashion unit for $204 million

Perfect Sourcing Newsdesk
Walmart Inc’s Flipkart will buy a 7.8% stake in Aditya Birla Fashion and Retail Ltd for 15 billion rupees ($204 million),the fashion retail company. “...
News

SECOND WAVE OF COVID 19 IN UK & EU TO IMPACT BUSINESS?

Perfect Sourcing Newsdesk
With Europe and other countries in the midst of a second wave of Covid-19, manufacturers and exporters in Tirupur, the knitwear hub of the country,...
News Retail

VENU NAIR JOINS AS THE MD AND CEO OF SHOPPERS STOP

Perfect Sourcing Newsdesk
Department store chain Shoppers Stop Ltd., announced the appointment of Trent’s Venu Nair as its Managing Director and Chief Executive Officer effective 6 November, 2020....
News Retail

H&M TO EXPAND STORE IN LUCKNOW

Perfect Sourcing Newsdesk
The Swedish company considers India as an important market and look forward to increase its presence through both, online and brick-and-mortar approach. The group is...
News Retail

H&M TO INVEST IN ONLINE RETAIL THAN PHYSICAL

Perfect Sourcing Newsdesk
Hennes & Mauritz will exit the coronavirus crisis in better shape, according to its new chief executive,as she announced plans to close a record number...