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Garment makers in nine countries including Bangladesh -- spanning Asia, the Middle East and North Africa -- have banded together to demand better contract terms from global clothing retailers, according to a draft document seen by Reuters. The suppliers hope their united front will prevent retailers from playing them off against each other in search of more lenient terms after
India vs England 3rd T20I: How to watch on your mobile phone News (Image: Disney+ Hotstar) India vs England third Twenty20 International (T20I) match will take place today at 7 PM IST, with the Indian international cricket team being led by Virat Kohli and the England international cricket team being led by Eoin Morgan. This T20I series consists of five matches, with the first one being one by England and the second one by India. Also Read - Jio Cricket app with live score updates launched for Jio Phone The match will be held at the Narendra Modi Stadium, located in Ahmedabad, India, wi...
What recovery? Clothes retailers cut orders while factories fight to survive Clothes retailers in Europe and America sit on excess inventory and cut back on spring orders. Sourcing agents face late payments. Garment factories in Bangladesh are on the rack. The global apparel industry, reeling from a punishing 2020, is seeing its hopes of recovery punctured by a new wave of COVID-19 lockdowns and patchy national vaccine rollouts. Some major retailers are still nursing last year’s clothes, which would have been sold off in clearance sales in normal times. British chain Primark, for example, t...
(Fixes dropped letter in Raffy Kassardjian's name) By Victoria Waldersee and Ruma Paul LISBON/DHAKA, Feb 8 (Reuters) - Clothes retailers in Europe and...
5 Min Read LISBON/DHAKA (Reuters) - Clothes retailers in Europe and America sit on excess inventory and cut back on spring orders. Sourcing agents face late payments. Garment factories in Bangladesh are on the rack. The global apparel industry, reeling from a punishing 2020, is seeing its hopes of recovery punctured by a new wave of COVID-19 lockdowns and patchy national vaccine rollouts. Some major retailers are still nursing last year’s clothes, which would have been sold off in clearance sales in normal times. British chain Primark, for example, told Reuters it was housing around 150 ...