In­dia Can­vas

Apparel Online - - Content -

Sears files for Chap­ter 11; be­comes a cause of worry for top In­dian ap­parel ex­porters As Sears Hold­ings filed for Chap­ter 11 of the Bank­ruptcy Code in the US Bank­ruptcy Court and has an­nounced im­me­di­ate clo­sure of 142 stores out of its 700 re­main­ing stores this year, its ap­parel sup­pli­ers in In­dia are wor­ried about their pay­ment as well as about fur­ther or­ders.

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