TOP 4 TEXTILE FDI NEWS MAY 2020

Posted On : Jun 06, 2020/Textile

Top four foreign investment news of May 2020: The leading retail firm Fast Retailing Co., to combat the COVID-19 pandemic announced that it will donate one million isolation gowns, four million masks, and UNIQLO AIRism functional innerwear items to medical institutions around Japan, The worldÂ’s leading clothing company H&M Group, announced that it joins the Uniting Business and Governments to Recover Better statement, the latest initiative of the UN Global Compact, The leading apparel and footwear company VF Corporation, announced more than $10.3 million worth of support in the fight against COVID-19. The company helps healthcare workers and those struggling to cope in the face of a historic pandemic. Leading retail company Auchan Retail announced that it has selected 17 projects to provide exceptional support through its foundations to fight against COVID-19. The company provides helps in association with Auchan stores and employees across world.

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