Next Achieves ‘Record High’ Revenue and Sets Stage for Overseas Expansion
British retailer Next has released its full-year results for 2023, marking a significant milestone with “record high” pre-tax profits surging by 5 percent to 918...
Category : Trade
Gap Inc.’s Old Navy Resurgence: Surpassing Expectations and Reclaiming Retail Authority
Old Navy, Gap’s largest brand, returned to growth for the first time in over a year during its holiday quarter, exceeding Wall Street’s expectations with...
GEMA: Working towards betterment of Industry
Garment Exporters and Manufacturers Association that has been working towards development of trade since its formation is quite focused towards its goals and achievements. While...
Flipkart invests $54 million into Myntra
Myntra, the online fashion platform, has received a substantial investment of $54 million from its parent company, Flipkart. This injection of funds comes at a...
Dockers Ventures into the Indian Market: Plans to Establish 25 Stores by 2025
The brand is pursuing a strong physical presence by intending to launch five stores this year in tier 1 and metro cities. Looking forward, it...
ABFRL Partners Geared to Launch Jaypore
Aditya Birla Fashion and Retail Ltd. (ABFRL) will partner with Ingenuity, a commerce solution provider, to support the launch of its brand, Jaypore, in the...
Bombay Shirt Company Expands as Investors Pour Money
The Bombay Shirt Company plans to invest the funds to expand its stores and strengthen the franchise model. In addition to this funding round, chief...
Arvind Fashions posts Growth in Q3
India’s Arvind Fashions, which retails clothing from brands such as Arrow, Calvin Klein and Tommy Hilfiger, reported a slowdown in revenue growth in the...
Siyaram Silk Mills Q3 net profit declines
Siyaram Silk Mills reported a 14 percent decline in net profit to Rs 44 crore ($5.5 million) for the third quarter ended December 2023, as...
Kiabi’s Indian Debut Amplified by Strategic Alliance with Myntra
This partnership between Kiabi and Myntra is significant as it allows Kiabi, a retailer known for its diverse range of products across various categories, to...