Burberry is under attack over its strategy for disposing of surplus stock with criticism similar to that faced by H&M, showing that it's not only the mass-market that destroys unsold goods rather than recycling them.
Ebay Inc missed estimates for second-quarter revenue on Wednesday, as its online ticket marketplace StubHub had a disappointing quarter, leading the e-commerce website to forecast underwhelming third-quarter results.
The fast moving consumer goods (FMCG) business Marico is targeting between eight and ten percent growth this fiscal year, as it continues to invest in beauty and personal care brands, as well as e-commerce.
The womenswear garment manufacturer TCNS Clothing raised over Rs 337 crore ($50.7 million) from anchor investors ahead of its Initial Public Offering (IPO) that began on July 18 and will close on July 20.
The Delhi government has filed criminal charges against H&M for allegedly failing to adhere to regulations when describing the length of a garment but the Delhi High Court has given temporary relief to H&M.