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Arvind Fashions defer payments of 50-80% of staff salaries for April.

Arvind Fashions defer payments of 50-80% of staff salaries for April.

by TEXTILE VALUE CHAIN | Jun 2, 2020 | Apparel, Fashion & Retail, Fashion, News & Insights

Arvind Fashions, retailer of brands such as Gap, US Polo, Sephora, Aeropostale and Flying Machine, has deferred payments of 50-80% of staff salaries for April owing to reduced sales and depleting cash flow amid the lockdown forced by Covid-19. Salary payments may be...

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