Aditya Birla Group to bring French luxury department stores Galeries Lafayette to India
The first two Galeries Lafayette stores will open at Fort in Mumbai and DLF Emporio in Delhi, respectively. Each of the stores will bring more...
Tag : Retail
India UK FTA to Get Faster as Sunak Takes up Charge
A new hope for faster signing of INDIA EU FTA is foreseen after Indian-origin Rishi Sunak was appointed British prime minister. Sunak had earlier told...
Stores to Close During Queen’s Funeral
John Lewis, Harrods and Waitrose have announced that they will be closed on the day of the Queen’s funeral. A spokesperson from Next said: “In...
Babywear brand Again in Profits
Mothercare has finally managed to come out of losses this year and has posted profits once again. The babywear brand had shut many stores in...
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...
PVH, Calvin Klein Sees Strong Top-line Growth
PVH Corp. informed that company’s revenues and earnings surpassed expectations for the first quarter, prompting the owner of Calvin Klein and Tommy Hilfiger to reaffirm...
Tariffs Denting American Economy & Causing Inflation :NRF
National Retail Federation has written a letter of request for immediate tariff relief to address the ongoing inflation facing American businesses, workers and consumers. According...
£30 for Shopping?
Consumers Set Targets to Fight Inflation…. The UK is facing the worse cost-of-living crisis in decades and it’s changing the shopping trends. Mintel research shows...
Inflation hits retail sales globally
Global retailers have significantly trimmed down their profit projections, sighting raw material inflation and removal/reduction of stimulus, dampening the outlook. The Russia-Ukraine war has led...
Mango Spends Huge Money to Expand in the US
Mango recently opened a grand store in the US with an investment of around 12 million euros. The new store located in a coveted location...