British retail giant Next to buy Fatface for £115m
British clothing group Next (NXT.L) has agreed to buy FatFace in a deal valuing the fashion chain at 115.2 million pounds ($140 million), adding another...
Tag : uk
India-UK Free Trade Agreement to be signed in late October 2023
UK Prime Minister Rishi Sunak will travel to India late October to sign the ambitious agreement that is expected to spur two-way trade in goods...
Valentine’s Day to Boost Sales of Retailers in the US and UK
While the slowdown in market has become an issue of concern for everyone in the supply chain the good news is that occasions like Valentines,...
India-UK FTA to be Finalized by Diwali
The global apparel market which was just under 1.5trillion USD in 2013 is expected to generate revenues to the tune of 1.8trillion USD in 2022...
Consumer Traffic Declines As Omicron Cases Surge In UK
The traffic at High street and shopping centers is declining ahead of the biggest shopping weekend of the calendar. Central London footfall dropped 20% on...
Gap to close all 81 stores in UK and Ireland
Gap has confirmed it will be closing all 81 of its stores in the UK and Ireland by the end of this year. The fashion...
COST OF PRODUCTION SURGES WITH INCREASING RAW MATERIAL COST
While on one hand the garment exporters are in jeopardy because of fresh lockdown in the UK, Europe and Australia on the other they are...
FTA WITH UK ON CONCLUSION STAGE
The Textile Ministry is putting efforts for an early limited Free Trade Deal between India and the UK which will include tariff reduction for textile...
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...
Next posts H1 loss but raises profit outlook on strong trading
Next brand full price sales in the first half of this year were down 33 percent on last year and total sales including markdown sales...