Shopping mall giant Westfield Corp ruled out trying to increase a $16 billion buyout from France’s Unibail-Rodamco SE after a decline in the European firm’s shares drove down the deal’s value, saying there was no Plan B.
As the CBI investigation continues into fraud at the Punjab National Bank (PNB), several Bollywood celebrities are accusing both the Nirav Modi and Gitanjali Gems jewellery brands of breach of contract over brand deals.
Paul Marciano, co-founder of fashion giant Guess, is relinquishing his day-to-day responsibilities after model Kate Upton accused him of grabbing her breasts and aggressively kissing her, the company said Tuesday.
Fashion labels may be falling over themselves to court young, smartphone-wielding shoppers, but the industry's initial enthusiasm for the see-now-buy-way runway seems to be waning as brands questions its benefits.
Chanel has taken a minority stake in UK online retailer Farfetch, the companies said on Monday, as part of a tie-up to develop digital services such as chats to connect the label's clients with store assistants.
Imprima, the holding company of the multinational group dedicated to textile printing and finishing, has taken over City Prints and the twin company Premier Fabrics, American companies specialised in printed textiles.
The Lenzing Group has launched Tencel as its flagship brand. The redefining marks Lenzing's brand strategy to enhance product brand offerings, foster connection with customers, and drive consumer demand.
India’s largest denim fabric manufacturer Nandan Denim has reported net profit of Rs. 13.93 crore for the third quarter 2018, as against Rs 8.63 crore in the corresponding period of previous year, a rise of 61 per cent.