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S Asia might experience worst performance in 40 years: WB, Asia
The unfolding economic crisis due to the ongoing Covid-19 pandemic is unique in several ways, and South Asia might experience its worst economic performance in 40 years, the World Bank has said in its
Italy worst textile polluter in Europe, UK 4th: study, Netherlands
Italy ranks as the worst textile polluter in Europe, with the country producing 466 tonnes of textile waste every year, according to new research from sustainable fashion brand LABFRESH, which found
Worst recession to be seen since World War-II: World Bank, United States Of America
The COVID-19 shock and the resulting shutdown measures have plunged the global economy into a severe contraction, with the World Bank projecting a global economy shrink of 5.2 per cent this year. That
Miami, Honolulu, Las Vegas Luxury markets to be worst hit, United States Of America
As the COVID-19 pandemic has dramatically hit international tourism, certain US luxury retail markets that are relatively more dependent on tourism are the worse affected, says a report by boutique
Worst India recession, 45% slump in Apr-Jun: Goldman Sachs, United States Of America
The Indian government’s effort to boost the COVID-19-hit economy focuses more on the medium-term rather than offering immediate support, according to a recent note by Goldman Sachs economists Prachi
IVL acquires worsted wool yarns business in Europe, Europe
Indorama Ventures (IVL) through its indirect subsidiary, Glanzstoff Management GmbH, has entered into a definitive sale and purchase agreement with Schoeller Immobilien - und Beteiligungs GmbH and
Südwolle and LYCRA partner to produce sustainable yarn, United Kingdom
The LYCRA Company, a global leader in developing innovative solutions for the apparel industry, and Südwolle Group, a global producer of worsted yarn in pure wool and wool blends, have jointly
Neo Tech partners HeiQ to power up anti-viral fabrics, India
Neo Tech, a part of the Donear Group, has partnered with Swiss company HeiQ to power up its suiting and worsted fabrics with an intelligent textile technology—HeiQ Viroblock NPJ03, which is among the
Raymond appoints Amit Agarwal as chief financial officer , India
Raymond Limited, India’s largest integrated worsted suiting manufacturer, has appointed Amit Agarwal as chief financial officer with effect from July 2, 2020. The appointment comes at a crucial
Raymond restructures its business for value creation, India
Raymond Limited, India's largest integrated worsted suiting manufacturer that offers end-to-end solutions for fabrics and garmenting, announced the demerger of its core Lifestyle Business into a
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