H&M profits Decrease by 88.2% to £174.4m in the year to November 30, 2020
H&M said its financial position “remains strong” despite the losses The fashion retailer saw profit collapse by 88.2 per cent during the year to November...
Tag : trends
FM ANNOUNCES SEVEN MEGA TEXTILE PARKS
APPROVAL for PLI of MMF GARMENTS FOR TEXTILE SECTOR IN BUDGET On 1 February 2021, FM Nirmala Sitharaman presented her annual budget. The industry was...
BANGALDESH WINS SUIT AGAINST SEARS
Amid the COVID-19 pandemic a Bangladeshi readymade garment (RMG) manufacturers — battered by the pandemic and the unethical business practices of Western clothing giants have...
TURBULENT YEAR FOR T&A INDUSTRY
The Union Budget 2021, to be announced on 1 February 2021, is expected to be one of the most consequential Budgets post the COVID-19 pandemic...
Intertextile Shanghai Home Textiles to return in August 2021
Intertextile Shanghai Home Textiles – Autumn Edition will join forces with Intertextile Shanghai Apparel Fabrics – Autumn Edition, Yarn Expo Autumn, PH Value and CHIC...
ITMA, MILAN 2023 TO HIGHLIGHT INDUSTRY TRANSFORMATION THROUGH INNOVATION
ADVANCED MATERIALS, AUTOMATION ,DIGITAL FUTURE, INNOVATIVE TECHNOLOGIES & SUSTAINABILITY AND CIRCULARITY THE FOCUS...
Ministry of Textiles signs MoU with M/s Nissenken Quality Evaluation Centre, Japan
Aims to Boost Export of Textile and Apparel to Japanese market A formal Memorandum of Understanding (MoU) signing ceremony was held between Textiles Committee, Ministry...
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...
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...