“SPEED & INNOVATION TO DRIVE BUSINESS IN THE FUTURE,”Devender Gupta, Founding Partner, Asmara India
PS: What are the most prominent changes you have observed ever since Covid has hit? Devender: The biggest change that has happened to business due...
Tag : growth
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,...
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....
Resale market to see increased sale
The spread of the coronavirus has presented the vast majority of the fashion industry with uncertainty, as retailers had to close shop, fashion events were...
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...
Inditex 1Q20 sales drop limited to 44% despite up to 88% of stores closed
Online sales up 50% in 1Q20 and up 95% in April alone Group’s Executive Chairman Pablo Isla has unveiled the Group’s plan for 2020-2022, providing...
PVH Corp. Reports 2020 First Quarter Results
Sees Increased Losses due to Covid 18 The PVH group Ended the first quarter with $1.8 billion of liquidity, consisting of approximately $800 million of...
H&M Looks at Online Growth in 2020
The H&M group’s net sales increased by 8 percent to SEK 54,948 m (51,015) in the first quarter. In local currencies, net sales increased by...
MSME’s can stimulate growth post Covid
Apparel Export Promotion Council (AEPC) Chairman Dr A Sakthivel thanked Hon’ble Prime Minister Shri Narendra Modi and his Cabinet colleagues for strengthening the MSMEs saying...
WHY PRIMARK DOES NOT WANT TO GO ONLINE UNLIKE COMPETITORS??
At Primark, a Dublin-based clothing retailer, giant lines formed to enter its stores after the lockdown got over. Many shoppers were eager to buy its...