John Lewis Partnership Misses Profit Targets After Disappointing Christmas
John Lewis Partnership has fallen short of its profit targets for the crucial golden quarter, with both John Lewis and Waitrose missing their sales expectations....
Category : Retail
LVMH Reports Decline in Revenue and Profit for Fiscal Year 2024
French luxury conglomerate Moët Hennessy Louis Vuitton (LVMH) has faced the impact of challenging market conditions in fiscal year 2024. On Tuesday evening, the group...
Marquee Brands Acquires Iconic British Brand Laura Ashley
New York-based Marquee Brands, the owner of a diverse portfolio of 17 global brands, including Ben Sherman, has acquired Laura Ashley from Gordon Brothers, marking...
Aditya Birla Fashion Secures $500M Through Preferential Issue and QIP to Fuel Growth
Fidelity Investments to participate in USD 275 Mn preferential issue along with promoters. Promoter participation at ~18% premium to yesterday’s closing price Board also approves...
Asda Launches Cost-Cutting Measures Following Disappointing Christmas
Asda has initiated cost-cutting measures after a challenging Christmas season, marked by a 5.8% decline in sales during the 12 weeks to December 29, 2024—the...
Stylox Bags ₹20 Crore to Scale Its Denim Franchise Empire
Stylox, a leading name in the denim apparel industry, has successfully raised ₹20 crore in its latest funding round. The capital will fuel the brand’s...
Suditi Industries and Gini & Jony: A New Chapter in Kidswear
Suditi Industries, a leading name in textile and garment manufacturing, proudly announces its acquisition of Gini & Jony, an iconic kidswear brand with an unparalleled...
Allen Solly Unveils Its Largest Flagship Store in Hyderabad
Allen Solly has launched its largest store in India, located in the vibrant Banjara Hills of Hyderabad. Spanning an impressive 5,300 sq. ft. across three...
Vineet Gautam Announces Departure After 15 Years of Leadership and Growth in Bestseller Group
After 15 remarkable years at the helm, a key figure at Bestseller India Vineet Gautam has announced that he will be stepping down from his...
Menswear Brand The Bear House Opens Its First Retail Store in Delhi
Menswear brand The Bear House has opened its first offline store in Delhi, marking a significant milestone in its expansion. Located at the newly launched...