In many nations including India, people will continue to adhere to social distancing measures and be avoiding crowded places for retail therapy post the Covid-19 pandemic, writes Leo Shastri.

As the economy and the world is adapting to the new normal, Spykar is introducing a revolution in the men’s underwear category with their latest launch – UNDERJEANS; innerwear with the soul of jeans.

Reduction in cotton crop for the season is on account of damage reported to the crop in some pockets due to the excess rains and pink bollworm infestation

The U.S. Cotton Trust Protocol has been invited to join Cotton 2040. Convened by sustainability non-profit Forum for the Future, the Cotton 2040 coalition is a unique partnership that brings together representatives from standards, producers, brands and retailers, and existing industry initiatives specifically to build on and accelerate collective action to scale up and overcome barriers to sustainable cotton uptake across multiple standards.

On November 11, 2020, the Union Cabinet gave its approval to extend the PLI scheme to textile products along with nine other new sectors entailing additional financial outlay of Rs 1,460 billion over a five-year period.

Ganesh Kasekar has been appointed as the new GOTS Representative in South Asia (India, Pakistan, Bangladesh and Sri Lanka). Ganesh, based in Mumbai, takes over the role of Sumit Gupta, the previous GOTS Regional Representative in India and Bangladesh with the additional countries Pakistan and Sri Lanka.

Oerlikon order intake declined by 17.3 per cent year-over-year to CHF 518 million and Group sales decreased by 6.4 per cent to CHF 593 million, partly due to adverse currency movements.

Abercrombie & Fitch, a global specialty retailer of apparel and accessories through three renowned brands, has reported 5 per cent sales decline to $819.6 million in its third-quarter (Q3) for fiscal 2020 ended on October 31 compared to sales of $863.4 million in same period previous fiscal. However, digital sales jumped 43 per cent to $382 million.

Freudenberg Performance Materials is launching its website for its innovative friction enhancement technology combining a special hard-particle coating with a unique nonwoven from Freudenberg: Friction Inserts. On the new online platform frictioninserts.freudenberg-pm.com users get comprehensive information on the technology and its particular benefits for automotive, transportation and wind turbine industries.