ZARA SEES GROWTH AND PROFITS IN INDIA
Spain’s luxury fashion brand Zara posted 45.54 percent growth in its profit after tax to Rs 104.05 crore from the Indian market in 2020 fiscal,...
Category : Retail
Another retailer files for bankruptcy…
Brooks Brothers, founded in 1818, is the recent that has filed for bankruptcy. The retailer, which generated more than $991 million in sales last year,...
Myntra acquires 7 lakh new customers during EORS 12
Fashion e-commerce major Myntra acquired 7 lakh new customers during the recently concluded 12th edition of its ‘End of Reason Sale (EORS). The company saw...
Arvind Fashion to Raise Capital
Arvind Fashions has seen its apparel brand sales drop during the lockdown and struggling to meet the operational costs, including payment of salaries to staff....
V2 Retail launches an online Portal named V2 Kart.com
V2 Retail has launched an online Portal named V2 Kart.com, for the customers providing the facility of the online purchase of the company’s products. V2...
Welspun India Forays into Health & Hygiene Sector
An extension of Welspun India’s recent foray into the health and hygiene category, the anti-viral products include terry towels, bed linens, rugs and carpet along...
AEPC INVITES Proposals from Amazon for selling masks, PPE kits
AEPChe Apparel Export Promotion Council (AEPC) has sought special costing proposals from e-commerce iant Amazon for selling masks and personal protective equipment (PPE) kits through...
THE TOP 10 EMERGING TRENDS
WHAT WILL BE THE NEW NORMAL FOR APPAREL INDUSTRY ? The average market capitalisation of apparel, fashion and luxury players dropped almost 40% between the...
U.S. retail sales jumped by a record 17.7.. How long the trend continue????
U.S. retail sales jumped by a record 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the...
FAST CHANGING DYNAMICS OF RETAIL IN THE US
US retail sales up a record 17.7% in a partial rebound. Americans are spending disproportionately more on essentials and less on luxuries. If there were...