×
162
Fashion Jobs
L'OREAL GROUP
Executive - Sales - Matrix - Cochin
Permanent · Kochi
SUBIR SINHA
General Manager Production Manager
Permanent · Kanpur
RIVAARA LABS
we Are Area Sales Manager Like You to Join Our Sales Team
Permanent · Nashik
CAPITAL PLACEMENT SERVICES
sr.Manager Production Grinding Machines For Vadodara Gujarat
Permanent · Vadodara
L'OREAL GROUP
Area Sales Manager - South Bengal
Permanent · Kolkata
FUTURES AND CAREERS
Job Requirement For "Assistant Production Manager"
Permanent · Renigunta
KEWAL KIRAN CLOTHING LTD
Area Sales Manager (Channel Sales) Rajasthan, Jaipur
Permanent · Jaipur
FEDBANK FINANCIAL SERVICES LTD
Area Sales Manager- Doorstep Gold Loan(Chennai)
Permanent · Chennai
HERO HOUSING FINANCE LIMITED
Area Sales Manager
Permanent · Thane
PROJOBS
Manager Accounts - Garment Manufacturing (Cma)
Permanent · Coimbatore
HECTOR AND STREAK CONSULTING PVT LTD
Production Manager- Diagnostic Portfolio
Permanent · Mumbai
ELITE DECOR PVT LTD
Production Manager & Production Supervisor
Permanent · Vadodara
L'OREAL GROUP
Sales Executive - Professional Division - Bhopal
Permanent · Bhopal
L'OREAL GROUP
Executive - Sales Cpd - Bhatinda (n)
Permanent · Bathinda
L'OREAL GROUP
Sales Executive - Cpd - Bhatinda
Permanent · Bathinda
L'OREAL GROUP
Area Sales Manager, Cpd - Chandigarh
Permanent · Chandigarh
HEALTHKART
Area Sales Manager- Healthkart - Lucknow, Agra, Gwalior
Permanent · Lucknow
HALONIX TECHNOLOGIES PVT LTD
Area Sales Manager - Lighting Retail Sales (Rajkot)
Permanent · Rajkot
ELECTRONICA FINANCE LTD
Area Sales Manager - Bangalore Machinery Loan
Permanent · Bengaluru
NANDANI CREATION LTD
Production Manager
Permanent · Jaipur
ELECTRONICA FINANCE LTD
Area Sales Manager - Kolhapur Machinery Loan
Permanent · Kolhapur
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Jharkhand All District)
Permanent · Ranchi
Published
May 27, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Arvind Fashions defers 50% to 80% of staff salaries for April

Published
May 27, 2020

Fashion retailer Arvind Fashions has seen its apparel brand sales drop during lockdown and has deferred employees’ salary payments by between 50% and 80% for the month of April.

Arvind Fashions hopes to begin paying employees full salaries soon - Arvind Ltd


“Arvind Fashions has currently made an on-account payment for salaries in the month of April and not a salary cut,” said Arvind Fashions’ CEO, J Suresh, ET Retail reported.

“On-account payment is done to support employees to take care of their immediate requirements. Since April is a zero sales month we are paying the advance and we will be able to pay the balance when the situation improves and things become normal. As retail is now slowly opening up our intent is to get back to normal salary levels at the earliest.”

Arvind Fashions’ salary payments could be affected for a few more months, an anonymous source told ET Retail. Although many shops are reopening at a limited capacity during the extended lockdown, consumer sentiment is expected to remain muted for non-essential product categories including fashion.
 
Employees of the business will be paid a reduced salary, which will be made up when the business can afford to do so. Top management salaries will be reduced by 80% for April, according to a letter sent by Arvind Fashions to employees, accessed by ET Retail.
 
Bengaluru-based Arvind Fashions retails a range of international apparel brands in India including Gap, Aeropostale, Arrow, and Tommy Hilfiger among others. The business recently ceased retailing brands Elle, Gant, Izod, and Nautica.

Copyright © 2021 FashionNetwork.com All rights reserved.