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 : retailindustry
SECOND WAVE OF COVID 19 IN UK & EU TO IMPACT BUSINESS?
With Europe and other countries in the midst of a second wave of Covid-19, manufacturers and exporters in Tirupur, the knitwear hub of the country,
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
Adidas creates robotically woven Upper Strung
Sportswear brand Adidas has worked with design studio Kram/Weisshaar to create a robotically woven upper called Strung that can be made to the exact specification
Apparel exporters already on the path of V-shaped recovery: AEPC Chairman
Apparel Export Promotion Council (AEPC) Chairman Dr A Sakthivel said that the double-digit growth in apparel exports in September. indicates that the sector has begun
Zhejiang INA Intelligent Technology Co., Ltd Acquires ETON Hanger System
Three subsidiaries of Zhejiang INA Intelligent Technology Co., Ltd; Shanghai Yiteng Automation System Engineering Co., Ltd., Shanghai;DBS Information Technology Co., Ltd., and Suzhou Barnard Information
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