In June 2019, a shabby but otherwise unremarkable parcel arrived at the London home of Geoffrey Rayner and Richard Chamberlain. The collectors of 20th-century design had waited months for the package – so long, in fact, that they had almost given up hope of ever receiving the silk dress inside. […]
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BASF to cut 2,600 jobs on high costs in Europe
A view of a chemical plant of German corporation BASF, in Ludwigshafen, Rhineland-Palatinate, western Germany, on October 06, 2022 in Ludwigshafen, Germany. Thomas Lohnes | Getty Photos BASF reported it would slice 2,600 employment and halt its share buybacks as it warned of a even further drop in earnings reflecting […]
India’s textile industry faces tough times as consumers cut spending
Textile exports drop for five months in row World potential clients in 2023 glance tough – Mckinsey Compact producers minimize generation, alert of occupation losses Govt likely to announce sops for textile sector: govt resource NEW DELHI/MUMBAI, Dec 16 (Reuters) – India’s $200 billion textile and apparel industry is going […]