Arvind posts net profit of Rs 53.34 crore for March quarter
Leading textile manufacturer Arvind Ltd reported a consolidated net profit of Rs 53.34 crore for the fourth quarter ended March 2021. The company had posted...
Month : May 2021
C&A TO START PRODUCTION UNIT FOR SUSTAINABLE GARMENTS IN GERMANY
To produce the next generation of sustainable fashion an innovative project that incorporates the latest technology, perfect combination of digitalisation processes with maximum standards for...
LEVI’s Celebrates the Birth of the Levi’s® 501® Jeans
On May 20th, 1873, the world’s first blue jean received its official patent – a day we commemorate each year as “501 Day.” Two immigrants...
ADDIDAS COLLABORATES WITH MARIMEKKO
Marimekko and adidas are happy to announce a debut collection marking the first-ever sports apparel collaboration. The limited-edition collection will be available in Mainland China,...
Richemont: Profits surge Amidst Tough Scenario
The trading environment may have been volatile but luxury giant Richemont still managed to see net profit rising almost 40% in the financial year to...
Mothercare forecasts profit despite 40% sales drop
Mothercare has predicted that it will see a profit this year despite a 40% drop in sales. The maternity care retailer reported a “small” EBITDA...
M&S TO CLOSE STORES AS LOSSES WIDENS
M&S posts £201mn loss after lockdowns affect store sales. Marks & Spencer has announced plans to reduce its store estate after it plunged to a...
Puma use 90% sustainable materials by 2025
Sportswear and equipment manufacturer Puma has set itself the goal of manufacturing 90% of its products from more sustainable materials by 2025. The German business...
Deepika Rana’s Takes Over as Chief Operating Officer at Li & Fung
With over 30 years of experience in supply chain management at country, regional and global levels, Deepika has built a strong track record around its...
WHAT LIES AHEAD FOR FASHION BRANDS?
H&M, Next and Boohoo Shares Strategies for Coming Months The CEO of Hennes & Mauritz (HMb.ST) said that the fashion retailer was, convinced it would...