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DAKHA - British department store retailer Debenhams is reportedly demanding a 90 per cent discount to accept an already completed and shipped order from suppliers in Bangladesh.The company, which last month fell into administration putting its 142 stores in jeopardy, is said to owe a total of US$74 million for completed orders to its suppliers in Bangladesh.However, Debenhams is denying claims that it is demanding a 90 per cent discount on the entire amount, saying that it is in negotiations ove
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Group recently announced that the Testing & Calibration Laboratory of DYSIN Group, which is accredited for ISO/IEC 17025:2005, has been enlisted by the Directorate General of Drug Administration (DGDA) for testing of PPE products related to COVID-19.is considered to be the one-stop-shop for Dyestuff, Chemicals, Screen Printing Consumables and Testing Equipment. DYSIN came this far with only goal: Customer Satisfaction. The company believes, Dysin will continue to create a prosperous future f
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Clean Clothes Campaign has encouraged brands to help suppliers to ensure that employees have safe workplaces and transportation, including safe distance between employees and the availability of protective equipment revealed by workers’ surveys.A startling investigation by the Clean Clothes Initiative and Germany-based Bread for the Planet reveals that about 120,000 workers across Europe are forced to work in high-risk conditions following closures in the workplace worldwide. No Eu law is yet in
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The pandemic has wiped away billions of dollars in orders from large-scale foreign brands, decimating Bangladesh’s largest export industry and especially rural women in particular, who dominate the workforce.Making tops, pullovers, bras and socks for wealther nations stores accounts for 80 percent of Bangladesh’s $40 billion annual exports, and has played a crucial role in its development over the past two decades. More than four million people are employed in this sector, mainly women from poor
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The world is facing many big challenges in pandemic situation.Development Limited is one of the well-known company for specializing in producing garment machineries and technical solution provider.In this crisis,Development has putted their step ahead for extending support through their specialized R&D.resource limited andDevelopment Limited jointly had been working hard on R&D since one month. After a successful R&D together, they haveintroduced a brand new highly efficient “Face Pr
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The coronavirus creates a devastating impact on the market in general, from small shops to big multinational companies. Of course, the textile market is also being affected severely, which is alarming for Bangladesh as the textile industry is the backbone of the country’s economy.Figure 1:The textile industry needs to set a plan for survival, and time demands to make separate plans for the apparel industry and textile industry.Foreign investors own only a 5% share of the textile factories in Ban
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Sports have been a favorite activity for humankind since ancient times. In modern world frenzy sports competitions like football, Olympics, rugby, basketball, cricket, etc. have created a huge sportswear market. Leading sportswear brands have been in strong R&D to develop suitable and comfortable products for athletes and general consumers who love to wear sportswear in this multi-billion global market.Figure 1: The global sportswear market is booming.As sportswear fulfills intense activitie
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Livinguard, the Swiss hygiene company, has revealed that its disinfecting breakthrough textile technology has the potential to destroy pathogens of all kinds including Human coronavirus 229e.Image Courtesy: prnewswire2-a.akamaihd.netThe technology, which has been tested in University of Arizona, Tucson, Department of Environmental Studies, proves that the textile treated with the technology can kill almost 99 per cent of Human coronavirus 229e.The textile treatment can be done on any variety of
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One of the leading footwear brands in the world, Aldo is seeking protection from its creditors by declaring bankruptcy.In Canada, the company has been seeking protection under the Companies’ Creditors Arrangement Act from the Superior Court in Quebec and is filing for bankruptcy in US under Chapter 15 along with preparing to do the same in Switzerland.The court filings indicated that the company sold US $ 1.2 billion worth of merchandise by the end of February this year against losses of merchan
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Pic: ShutterstockThe anticipated benefit from lower fibre prices by the Indian cotton spinning industry is now expected to be more than offset by the challenges due to the COVID-19 outbreak, according to CARE Ratings, which said the cotton yarn industry is staring at extremely challenging next two quarters with shutdown of manufacturing units and weak downstream demand.COVID-19 is expected to lead to a drop in revenue along with moderation in profitability margins and debt coverage indicators ap