group

Rudolf Group unveils antiviral solution for textiles

Germany-centered Rudolf Group has unveiled RUCO-BAC AGP—the rapid-performing, all-in-a person, remarkably strong antibacterial and antiviral resolution for textiles. RUCO-BAC AGP, the company’s flagship antimicrobial item for textile applications, is promoted in India by Rudolf Atul Substances Ltd (RACL), a joint undertaking business of Rudolf GmbH and Atul Limited.

“As a consequence of the COVID-19 pandemic, the demand for chemical auxiliaries with antimicrobial impact has noticeably elevated. Rudolf Group has invested important resources in the meticulous assessment of a new antiviral attribute which is now included to a person of its major technologies. The work returned the astonishingly rapid and most in depth antibacterial and antiviral textile finishing on the market: RUCO-BAC AGP,” RACL said in a push release.

The highly effective antimicrobial effectiveness of RUCO-BAC AGP is rooted in the extraordinary qualities of silver, whose antimicrobial magic is misplaced in the mists of time. Previously acknowledged by the ancient Romans,

Read More

H&M Group sales down 57% during March 1 – May 6

H&M Team has announced that its overall gross sales through the period of time March one- May possibly six, 2020 has lowered 57 per cent in comparison to identical period of time in 2019. The group described that primarily based on conclusions by authorities, all over eighty per cent merchants have been closed due to the fact mid-March. However, from the conclusion of April the group has steadily reopened merchants in a variety of marketplaces.

 

Team described that the reopenings in every single marketplace are in line with local limits and rules on social distancing. In these marketplaces that have begun to open up, trade in the merchants has originally been muted. At present 3,050 merchants, representing sixty per cent of the group’s five,061 merchants, are still briefly closed. On the internet gross sales, which are open in 46 of the company’s fifty one on line marketplaces, increased 32 per

Read More

H&M Group post 8% sales growth in Q1 FY20

The H&M Group, a Swedish multinational clothing-retail company, posted 8 per cent increase in its net sales to SEK 54,948 million in first quarter (Q1) FY20 compared to sales of SEK 51,015 million in prior year. H&M group reported that second quarter will be very negatively impacted by the corona situation and will therefore be loss-making.

 

Gross profit for the year grew 10 per cent to SEK 28,034 million compared to SEK 25,526 million. Online sales jumped 48 per cent in Q1. Selling and administrative expenses in the quarter amounted to SEK 25,344 million (Q1 FY19: SEK 24,521 million). 

 

“The strong improvement in profit in the first quarter shows that customers appreciate our assortment and that our transformation work is having a good effect. The outbreak of coronavirus and the extraordinary public measures taken to reduce the spread of the virus have put people, communities and companies in an

Read More

Arcadia Group closes all stores | News

A spokesman for the manner retail team, which owns chains like Topshop, Topman, Skip Selfridge, Dorothy Perkins, Evans and Burton, reported keep staff ”have not been built redundant”, but the business reported it would continue to “review the situation”.

The corporation reported: “The well being and wellbeing of our personnel, customers and communities remains our optimum priority and we continue to intently stick to the federal government tips.

“In line with several other merchants the team has built the hard determination to near right up until even more recognize all of our outlets from 4pm this afternoon [twenty March]. All keep staff continue to be personnel during this time and will be paid out their normal shell out for March plus any remarkable overtime payments, immediately after which we will critique this predicament and will be maintaining our keep groups current.

“In the meantime we will be focusing on our

Read More

Redundancies at EWM Group | News

Around one hundred employees across the head place of work and business functions, which include individuals who experienced obtained career provides at the organization, have been permit go. The organization has also introduced a non permanent ban on even further recruitment. 

Elsewhere, EWM Group has reduced hours for remaining team and warned that it could lower salaries by up to fifty% in the coming weeks. The organization employs twenty five,000 folks.

A spokesman for EWM Group reported: “Like a lot of other significant-avenue suppliers, we are now going through a substantial reduction in footfall on the significant avenue. This collapse in footfall has particularly affected our main above-60s consumers, who have been explicitly explained to to self-isolate and remain at dwelling by the federal government.

“To get ready properly nowadays we opened a session with our employees about moving to adaptable working hours from upcoming 7 days as a way

Read More