2020-08-10

Due to a change in marketing strategy, khadi sales figures have jumped from ₹1,070 crore in 2014-15 to ₹3,215 crore in 2018-19—a quantum jump of over 200 per cent, according to Vinai Kumar Saxena, chairman of the Khadi and Village Industries Commission (KVIC), who said the total turnover of khadi an Read More

2020-08-10

LONDON – The newly relaunched Good Work Investor Coalition (GWC), the worker rights arm of responsible investment charity, ShareAction, says it’s exploring ways to influence privately owned companies to engage more openly in tackling poor employment practices and lack of transparency in the textile Read More

2020-08-10

A sharp fall in both domestic and exports demand because of the COVID-19 pandemic, lower profitability and elongation of working capital cycle are expected to impair the credit profiles of Indian readymade garment (RMG) makers this fiscal, according to CRISIL Ratings, which recently said the impact Read More

2020-08-10

Austria based family-run footwear brand Giesswein has claimed to have launched the world’s lightest merino wool sneaker with its latest product launch.The brand said the new ‘Wool Sneaker’ is only 160g, almost half the weight of an average running shoe, and the equivalent to 100 paper clips, 150 jel Read More

2020-08-10

Intertek has formed a strategic partnership with Bangladesh Export Import Company Limited (BEXIMCO). Under it, Intertek will have exclusive rights to operate & manage the new PPE quality assurance laboratory of BEXIMCO in planning and set-up, providing guidelines on equipment, managing daily operati Read More

2020-08-10

Needless to say, how this COVID-19 became a game-changer in every aspect pushing for a new global order. In the first quarter of 2020, this pandemic led to a 3% drop in global trade values. Other forecasts from various agencies earmarked: trade volumes decreasing between 13% and 32% in 2020 (WTO, 20 Read More