Apparel maker Perry Ellis International said on Tuesday it had ended talks to be bought by fashion accessories maker Randa, backing an offer by its second-largest shareholder and founder George Feldenkreis.
The publicity around the untimely death of designer Kate Spade drew shoppers back to the handbag brand this summer, driving a 31 percent jump in fourth-quarter sales for its new owner Tapestry on Tuesday.
Ritu Kumar has named the actress set to make her Bollywood debut this November, Tara Sutaria, as the new face of her brand. Sutaria will star in the brand’s upcoming Fall/Winter 2018/2019 advertising campaign.
The Ministry of Commerce has formulated a draft e-commerce policy that aims to boost domestic start-ups but, following criticism of several aspects of the document, discussions are scheduled and changes may be made.