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Amazon and other retailers face scams exploiting return policies for financial gain. ... Total returns for the retail industry came to $743 billion in merchandise in 2023, according to a report ...
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Milliken & Company is an American industrial manufacturer that has been in business since 1865. With corporate headquarters located in Spartanburg, South Carolina, the company is active across a breadth of disciplines including specialty chemical, [1] floor covering, [2] performance and protective textile materials, and healthcare.
In 2004 WL Ross & Co acquired Cone Mills and merged it with Burlington Industries to create the International Textile Group. [41] [2] The White Oak Mill was closed in 2017. [42] International Textile Group transformed into Elevate Textiles, a property of Platinum Equity, in January 2019, remaining the parent corporation of Cone Denim. [43]
SHANGHAI — A group of lenders to the debt-laden Shandong-based textile giant Ruyi Group has taken over American textile fiber manufacturer Lycra, after Ruyi defaulted on a $400 million loan. New ...