Swedish fashion retailer Hennes & Mauritz (H&M)'s sales jumped 19 percent to Rs 535 crore (approx $78 million) during the first half of the year as compared to Rs 450 crore it reported during the same period a year ago.
Godrej Consumer Products (GPCL) will be expanding its base in the professional hair products market and set a target of Rs 100 crore (approx $14.6 million) over the next three years, said a company official.
Nike Inc topped analysts’ quarterly revenue and profit estimates on Thursday and posted its first sales rise in a year in North America as the world’s largest footwear maker benefited from a flurry of launches.
H&M is upbeat despite a tough six months, saying it's on the right path, is improving the product mix, seeing good results from new launches and scaling up tech developments that offer future profit potential.
The move will help the British company move closer towards its goal of becoming a global lifestyle brand. Its inaugural collection of sunglasses and optical frames is expected to during Spring Summer 2019.
WeChat said Tuesday that a just-unveiled Tod’s jointly-designed limited-edition bag is the first time a luxury brand has globally premiered a product through a WeChat Mini program created by and for a fashion blogger.