Net sales for the first nine months were US $ 40 billion, an increase of 6 per cent with comparable store sales increase of 3 per cent.
Business News
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Nearly 1,000 women seeking employment attended a job fair hosted by USAID's Women Thrive in Bangladesh project in collaboration with PVH Corp and CARE, according to reports. The purpose of the event was to facilitate connections between prospective employers and service providers.
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The Chandra-Nabinagar Highway has been blocked by workers from a number of enterprises at Gazipur's Beximco Industrial Park for the seventh consecutive day, demanding payment of their unpaid October salary, according to sources.
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Sustainability
GOTS introduces Due Diligence Handbook for Auditors to aid ethical practices in apparel sector
The Global Organic Textile Standard (GOTS) has introduced its GOTS Due Diligence Handbook for Auditors to enhance sustainable practices, uphold human rights, and ethical business operations in the apparel industry.
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A new collaboration between multi-stakeholder initiative Fair Wear and the European Outdoor Group (EOG) aims to equip outdoor brands with the tools and expertise needed to implement effective human rights practices.
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Manufacturing
Indian textile industry, primarily driven by MSMEs, facing challenges in funding, modernisation, says report
The domestic textile market, valued at around US $ 165 billion in 2022, includes US $ 125 billion from domestic sales and US $ 40 billion from exports.
