Imports Of Textile & Apparels By US Increases By 28.14%
US imports of textiles and apparel increased 28.14% to $ 71.36 billion in the first eight months of 2021, compared to $ 55.695 billion from...
Tag : trade
Gap Inc Acquires Software Start up
Gap Inc. has acquired New York and Tel Aviv-based software start-up Context-Based 4 Casting Ltd. (CB4) for an undisclosed amount....
Ready made garments to get Expensive
The Goods and Services Council has decided to fix the inverted duty charges on readymade clothes from January 1 in 2022. The fix in the...
PUMA GEARS UP FOR DOUBLE DIGIT GROWTH
Puma has the potential to double its sales to more than €10 billion, equivalent to over $11.5 billion, in the longer term. Puma's third quarter...
GROWTH BACK IN INDIAN RETAIL
Value fashion retailers such as V-Mart Retail, Cantabil Retail are expecting a bumper festive season, which could even see sales surpass the pre-COVID levels....
The UK’s consumer prices index surged by 3.2% in the 12 months to August
The UK inflation rate has hit 3.2 per cent in August, from 2 per cent in July, the biggest increase since records began in 1997,...
PRIMARK TO MAKE CLOTHES FROM SUSTAINABLE MATERIALS BY 2030
Primark has committed to make all of its clothes using recycled or more sustainably-sourced material by 2030 while promising the move will not result in...
NEXT and GAP to run stores jointly in UK
The British clothing retailer Next has struck a deal with Gap to run its business in the UK and Ireland, months after the US chain...
John Lewis to recruit 7,000 temporary staff for Christmas
John Lewis and Waitrose are set to launch a bumper hiring spree, with 7000 temporary Christmas jobs on offer. John Lewis and Waitrose is set...
INDITEX’S REVENUE, PROFIT AND CASH GENERATION ALL TIME HIGH
The world’s biggest clothing retailer Inditex has confirmed its recovery from the pandemic by delivering higher sales, profits and cash generation than it recorded prior...