Campus Shoes owned by India’s leading conglomerate Action group is planning to expand its presence across India and aims to acquire a wider consumer base by collaborating with the country’s top retail giants.
Flipkart followed by Amazon are growing at a faster rate than the e-commerce market as a whole and, although both have reported high sales for June, this is not the case for all online retail platforms.
It’s all about Gucci at Kering these days, as the French-controlled conglomerate posted a brilliant set of first half results Thursday night, the majority of the good news very much due to the Florentine marque.
Cosmetics company L'Oreal on Thursday predicted it would make a record profit margin this year as it posted higher first-half sales and earnings boosted by growth in luxury products and emerging markets.
The group of Nordstrom family members seeking to take the eponymous U.S. department store private is offering preferential terms to potential equity partners willing to fund the buyout, according to sources.
In the midst of reducing its distribution network, the company’s earnings before taxes fell 23.6 percent for the first half-year with respect to 2016, equaling 55 million euros as a result of slow sales in its principal markets.
French luxury group Kering delivered a forecast-beating rise in first-half operating profit on Thursday reflecting a continued revival of its biggest brand, Gucci, and a strong showing by Yves Saint Laurent.