PRIMARK HINTS AT BIG LOSSES DUE TO EXTENDED LOCKDOWN
LOSSES TO REACH £1.05 BILLION Primark parent company AB Foods has warned of a hit from lost retail sales of more than £1 billion if...
Tag : trends
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...
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...
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...
Himatsingka Seide inks licensing agreement with Walt Disney for European region
Textile major Himatsingka Seide has entered into a licensing agreement with The Walt Disney Company for the European region to expand its global brand portfolio...
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...
NITMA Raises Deep Concern Over the Rise in import of Viscose Yarn
Levy the Anti-Dumping Duty on Polyester Spun Yarn Requested Expressing the sincerest appreciation, with regard to recommendation of DGTR to levy the anti dumping duty...
Vandewiele to Acquire Savio Group
Vandewiele has reached an agreement for the acquisition of 100% of Savio Group, that has several textile machine companies under its umbrella. Charles Beauduin, CEO...