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Household Collections of Textiles in West Northamptonshire District Area … by a third party. Textiles within the former Northampton Borough … for the collection of textiles.West Northants Council can … way to recycle unwanted textiles. This may then reduce …Read More
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About …Read More
Hermès has been recognised for its transparency, employment practices, and sustainability efforts in 2024.
The company received the Grand Prix at the Transparency Awards for financial transparency and ranked top 3 in ethics and compliance.
Hermès also excelled in S&P ESG assessments and was awarded multiple honours, including the Grand Prix Emploi France.Read More
In south India, cotton yarn prices showed a mixed trend.
Tiruppur saw a slight decrease due to higher discounts offered by mills, while Mumbai maintained stable prices due to steady demand.
The Cotton Corporation of India’s procurement helped stabilise cotton prices, though a potential supply crunch is anticipated post-February.
Cotton prices in Gujarat fell due to weak demand and bearish trends.Read More
India’s Uttar Pradesh state cabinet has approved the Multi-Modal Logistics Park Policy-2024 that will allow companies investing in this sector to receive upfront land subsidies and various other concessions.
An entity setting up a multi-modal logistics park will receive a 30-per cent upfront land subsidy on plots leased by industrial development authorities or any state government agency.Read More
Reitmans (Canada) Limited (RCL) has reported a 2.9 per cent decrease in net revenues to $187.7 million in the third quarter, due to fewer stores and unseasonably warm weather affecting fall apparel sales.
Despite this, gross profit remained steady, and gross margin improved.
Adjusted EBITDA fell 60 per cent, impacted by higher occupancy costs and performance expenses.Read More
Nike reported a decrease in Q2 FY25 revenues to $12.4 billion, a decline of 8 per cent from Q2 of the previous fiscal, with significant drops in both Nike Direct and wholesale revenues.
Its gross margin fell to 43.6 per cent due to higher discounts and a shifting channel mix, although mitigated by reduced costs.
Net income dropped 26 per cent to $1.2 billion, and earnings per share were down 24 per cent.Read More