Another Bollywood Celebrity Launches kidswear brand
Zip Zap Zoop is the latest name in kids wear brand that has been launched by famous Bollywood actor Shilpa Shetty Kundra who has collaborated...
Tag : profit
VF Corp Sales Affected Due to Slowdown
High borrowing costs and still-high inflation have forced shoppers to move away from pricier products and spend their dollars mainly on essentials. With demand for...
Next Sees Rise in Q3 Sales
The fashion retailer Next has added £10m to its profit forecast, which now stands at £885m for the year, as it revealed sales had rose...
Home textile Industry to Revive as Demand Picks Up
With the onset of festivals, home textile industry is expected to come back to its growth path. The US remains the largest market for Indian...
UK consumer Confidence Affected due to Inflation
UK consumer confidence slipped by nine points in October, making it the largest month-on-month drop in over three years. Market research company GfK’s Consumer Confidence...
Boohoo Cancels Orders as cost-of-living hits demand
Boohoo has been cancelling and deferring orders from suppliers as demand for clothing wanes amid the cost-of-living crisis. A Boohoo spokesman said “As is the...
Inflation Fails to Dampen Sales of Inditex
Zara’s owner Inditex first-half sales and profits hit historic highs, both surging 24.5%. With group sales up to 11% in constant currency from August to...
Inditex’s Q1 net profit soared 80% to €760 million
The fast fashion retailer is seeing good growth as its sales beat pre-pandemic levels, hitting €6.7 billion for a rise of 36% year-on-year. The group...
Lululemon In Profits
Lululemon Athletica predicts a strong demand for athleisure and said the impact from Covid-19-related lockdowns in China was modest and more than offset by strength...
Inflation Affects Profits of Abercrombie & Fitch Co
Abercrombie & Fitch Co recently announced its annual forecasts for sales and margins and posted a surprise quarterly loss due to a surge in freight...