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,...
Tag : trade
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...
Shipping containers scarcity & increased Freight Cost haunts exporters
After attaining crisis proportions earlier this year, shipping containers are again in short supply, which is increasing logistics costs for exporters and making businesses uncompetitive....
INDIA’S TEXTILE AND APPARELS EXPORTS TO US UP BY 55%
India’s textile and apparel exports to the United States, its single largest market, were up 55% in the first seven months of 2021. This is...
GAP Inc. acquires e-commerce start up
Gap Inc. acquired e-commerce startup Drapr, a recent Y Combinator alum that has built technology that lets customers try on clothing virtually to ensure a...
Bangladesh and India has ample scope to work together says BGMEA President
BGMEA President Faruque Hassan said Bangladesh and India can reap more mutual trade benefits through further collaboration, especially in the area of apparel and textile...
Myntra Collaborates with Better Cotton Initiative
Myntra has become the first e-commerce enterprise in India to partner with Better Cotton Initiative (BCI), a global non-profit organisation, heading the largest cotton sustainability...