Fashion retailer Tilly’s posts 8.6% drop in profits
US-based fashion retailer Tilly’s reported a 3.9 percent increase in net sales for the third quarter to US $ 146.8 million. E-commerce sales grew by...
Category : Retail
Indian sportswear brand Alcis opens two more stores to reach 40 by 2019
Indian sportswear brand, Alcis Sports has launched two Exclusive Brand Outlets (EBOs) in (Bagru) Rajasthan and (Kurukshetra) Haryana. The stores stock sportswear and athleisure lines...
Kering to end ECOM collab with YNAP; joins forces with Apple for Apps
French luxury fashion conglomerate Kering is set to operate its e-commerce websites in-house by 2020. With this move, the company will end a 7-year JV...
Fashion brand Uniqlo eyes expansion in European market
After opening its biggest flagship store in Southeast Asia, Japanese fast-fashion retailer Uniqlo will expand further in Europe by launching its maiden store in Italy...
BIG News! Amazon to acquire 9.5% stake in India’s Future Retail
American online retail mammoth, Amazon is gearing up to buy 9.5 percent stake in Future Retail, a leading retailer that operates multiple retail formats in...
India’s consumer goods company Patanjali forays into fashion retail biz
After tapping most of the segments in the Indian consumer goods company, Baba Ramdev-led Patanjali Ayurved Limted has entered the enticing yet challenging fashion retail...
Aditya Birla Fashion and Retail’s revenue jumps 11%
Aditya Birla Fashion and Retail Ltd. (ABFRL), based in India, has reported that its EBITDA increased by 62 percent during the second quarter of the...
Fashion brand H&M taps metro station premises in India
Swedish fast fashion retail brand Hennes & Mauritz (H&M) has inaugurated its first outlet at a metro station in India. Notably, Huda City Centre in...
Fashion retailer Forever 21 expands store presence in India
American fashion retail brand Forever 21, marketed in India by Aditya Birla Fashion and Retail Ltd (ABFRL), has expanded its physical retail presence in India...
Walmart to invest USD 500 Mn in Indian retail market
Media reports claim that American retail mammoth, the world’s biggest offline retail, Walmart is mulling to invest USD 500 million in the Indian retail business....