‘One nation, one textile policy’ on the lines of ‘one nation, one tax’ concept of the Goods and Services Tax (GST) will immensely benefit the country’s textile industry, Shailesh Patwari, president, GCCI has said.
Swiss Military, a world renowned brand from Switzerland has earmarked the beginning of a new chapter in India. The company has recently signed an exclusive deal with India based company Suisse A La Mode.
As Flipkart gets ready to sign multi-billion dollar deal with Walmart, All India Online Vendors’ Association (AIOVA), a body representing sellers has sought clarity from the etailer regarding their future.
Japanese sportswear major Asics is looking to tap the booming sportswear market in the country by expanding its physical network across the country and plans to add as many as 20 stores by the end of the next fiscal.
Flipkart’s board has approved a deal to sell an equity stake of about 75 percent in the company to a group led by Walmart Inc for about $15 billion, Bloomberg reported on Friday, citing unnamed sources.
At a century-old workshop in a quiet Tokyo neighbourhood, craftsman Yuichi Hirose brushes dye across meticulously hand-cut stencils laid on fabric, using a traditional technique to produce contemporary kimono patterns.
The Italian beauty retailer plans to invest €90 million to fuel growth in the next 3 years, and is in advanced talks with an investment fund interested in buying a stake. It will also close its US subsidiary.
The New York-based brand management group published its results for the first quarter of 2018 on Friday, reporting net income of $32.7 million, up from $4.4 million in the prior year period, despite revenue slipping 17%.
Alibaba Group Holding Ltd reported better than expected top line results on Friday, driven by strong sales in its commerce and cloud computing units, even as margins were squeezed by flurry of investments.