Flipkart to buy 8 percent stake in Aditya Birla’s fashion unit for $204 million
Walmart Inc’s Flipkart will buy a 7.8% stake in Aditya Birla Fashion and Retail Ltd for 15 billion rupees ($204 million),the fashion retail company. “...
Tag : fashion
A interesting amalgamation of Bemberg and Hemang Agrawal at LFW
For Lakmé Fashion Week 2020 Digital First Season Fluid Edition, Hemang Agrawal’s collection “Tattva” presented by Japanese sophisticated fibre, Bemberg™ by Asahi Kasei Corporation Japan,...
VENU NAIR JOINS AS THE MD AND CEO OF SHOPPERS STOP
Department store chain Shoppers Stop Ltd., announced the appointment of Trent’s Venu Nair as its Managing Director and Chief Executive Officer effective 6 November, 2020....
H&M TO EXPAND STORE IN LUCKNOW
The Swedish company considers India as an important market and look forward to increase its presence through both, online and brick-and-mortar approach. The group is...
H&M TO INVEST IN ONLINE RETAIL THAN PHYSICAL
Hennes & Mauritz will exit the coronavirus crisis in better shape, according to its new chief executive,as she announced plans to close a record number...
Asics Joining Global Environmental Initiative Re100 In Pursuit of Operating 100% Renewable Electricity
Aiming to use only renewable electricity across the entire company, Asics has joined RE100, the global environmental initiative composed of member firms committed to relying...
Next posts H1 loss but raises profit outlook on strong trading
Next brand full price sales in the first half of this year were down 33 percent on last year and total sales including markdown sales...
COMPANIES THAT FILED FOR BANKRUPCIES IN 2020
Pier 1 Imports The home goods chain Pier 1 Imports filed for Chapter 11 bankruptcy protection on Feb. 17, listing $340.6 million in liabilities. Its...
Lenzing Launches carbon-zero TENCEL™ branded fibers
The TENCEL™ brand is now going carbon neutral with a “reduce-engageoffset” approach, which helps to reduce the product’s carbon footprint, engage industry partners and offset...
The US Fashion Retail Bankruptcies
Approximately 43 retailers have filed for bankruptcies so far, according to S&P Global Market Intelligence report. Latest retailers to go into administration include Le Tote,...