Yarn prices in Bangladesh are expected to climb in September 2025 as knitwear factories gear up for the upcoming Autumn/Winter export orders.
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Garment exporters on Tuesday urged authorities to swiftly address the liquidity crisis affecting five to six commercial banks, warning that delays in salary payments and difficulties in opening letters of credit (LCs) could disrupt normal business operations.
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Exporters emphasised that trade agreements with the EU, Oman, Chile, Peru, the GCC, Africa and Latin American countries—particularly with early-harvest provisions for labour-intensive sectors—should be prioritised.
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The group confirmed it is exploring the potential sale of PrettyLittleThing and is also considering closing its distribution centre in Burnley, which could lead to the loss of 1,251 jobs.
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Earlier in the year, the brand confirmed plans to cut around 150 corporate roles as part of a restructuring effort aimed at long-term growth and agility.
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For the 52 weeks to 1st February 2025, JD Sports recorded 5.8% organic sales growth, with profit before tax and adjusting items reported in the range of US $ 1.18 billion to US $ 1.21 billion.