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sales+tax
2015-01-15 14:00:00
Pakistan textile industry seek full refund of export tax rebates asap
Pakistan government is yet to clear refunds worth Rs50 billion for textile exporters under the duty drawback scheme, accumulating till October 2014. The delay in releasing the outstanding tax and
2014-03-10 15:26:00
Pakistan taxation policies to lessen the prospects of value added textile growth
The Pakistan government plans to impose five percent tax on imports of cotton yarn and increase sales tax, for value-added textile sector, to five percent is termed as 'hostile' policies by
2023-08-09 16:33:35
Allbirds faces challenges in Q2 due to economic uncertainty
Allbirds, a San Francisco-based D2C apparel and footwear retailer, had to face a tough time in the second quarter of the year. The problems arose due to the changes in currency value and uncertain
2022-01-18 14:54:17
Asos plans to enhance the UK economy by GBP3.8 billion
UK online fashion retailer, Asos, has released its first economic impact report, underlining the magnitude of the company's contribution to the UK economy and society. According to Asos, the
2021-06-11 10:53:55
A new study shows that half of fast fashion is made of virgin plastics
After a recent study discovered that half of the clothing offered on major websites were created from virgin polymers, fast fashion businesses are being asked to drastically expand their usage of
2020-02-28 06:30:39
Oerlikon hosts annual technology symposium in India
For more than a decade now, the Manmade Fibers segment of the Swiss Oerlikon Group has been hosting a comprehensive technology symposium at the beginning of each year in the Indian region around
2019-12-02 09:12:34
Fashion brand Levi's turns sustainable
It is no secret that the fashion industry is harmful for the environment, from the emergence of fast fashion production, to manufacturing processes which themselves are the cause of much havoc, both
2019-11-18 07:37:59
Jordan's textile clothing syndicate President convokes for mediation to 'rescue sector'
Jordan’s Textile and Readymade Clothes Syndicate President Munir Deyyeh on Friday said that sales have declined by 35 percent in 2019 compared to 2018, which also saw a decline compared to previous
2019-10-15 13:00:00
Immediate release of refunds may help?
The textile industry has sought immediate release of refunds under various government schemes to ease the liquidity crunch faced by manufacturers and exporters. In a joint memorandum presented by
2019-09-09 10:10:00
US profits hurt by cheap foreign polyester
A major U.S. consumer of RPET enjoyed higher sales figures but suffered significantly lower net income last fiscal year. One reason was cheap polyester imports from China and India. Unifi, which
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