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$765 million is raised by Big Lots’ stalking horse to finance the deal.

$765 million is raised by Big Lots’ stalking horse to finance the deal.

by HFT | Oct 29, 2024 | Home Fashion, Home Textile, Retail

Dover, Delaware — In order to fund its proposed acquisition of the assets of Big Lots, a retailer ranked in the Top 100, Nexus Capital Management has secured $765 million in committed financing. In the U.S. Bankruptcy Court for the District of Delaware, Judge J. Kate...
Welspun Living’s Q2 earnings increased slightly to Rs 202.4 cr.

Welspun Living’s Q2 earnings increased slightly to Rs 202.4 cr.

by HFT | Oct 28, 2024 | Home Fashion, Home Textile, Industry Updates

Delhi, New Delhi: Welspun Living Ltd., a key player in the home textiles industry, announced on Monday that its second quarter consolidated net profit, which ended on September 30, 2024, increased marginally to Rs 202.4 crore. According to a regulatory filing by...
Bangladesh is losing domestic textile exports to Pakistan

Bangladesh is losing domestic textile exports to Pakistan

by HFT | Oct 28, 2024 | Home Fashion, Home Textile, Industry Updates

In the home textile sector, Bangladesh has been having difficulty regaining lost work orders after a large portion of them moved to Pakistan over two years ago. The abrupt doubling of gas prices in Bangladesh and the notable depreciation of the Pakistani rupee in...
Customers want ease, whether it’s in-person or online

Customers want ease, whether it’s in-person or online

by HFT | Oct 28, 2024 | Home Fashion, Home Textile, Industry Updates

Raleigh, North Carolina — Customers of all ages prefer to purchase in-store, yet both online and in-person customers concur that convenience is essential. Customers of all ages had made most of their recent shopping journeys in person rather than on a computer or...
Ruggable partners with Martyn Lawrence Bullard on new collection

Ruggable partners with Martyn Lawrence Bullard on new collection

by HFT | Oct 4, 2024 | Home Fashion, Technologies

For its most recent collection, British interior designer Martyn Lawrence Bullard and direct-to-consumer washable rug company Ruggable have teamed up. Known as the “Designer for the Stars,” Bullard is a multi-award winning designer who is praised for his...
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  • SICPA Secures Major European Award for UK Vaping Duty Stamps Program
  • International Rare Disease Day 2026 Observed on 22nd February 2026 at SGPGI, Lucknow
  • AI Impact Summit Session Highlights Responsible AI Innovation in Healthcare
  • Paisabazaar Launches Bill Payments & Mobile Recharge in Big Push Towards Everyday App Use
  • Lepli Chair & Armchair Expand Poltrona Frau Collection

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