Roger Federer said on Tuesday his decision to end a 20-year association with Nike and embark on a new chapter with Uniqlo was influenced by Uniqlo’s commitment to stay with him long after his playing days are over.
Patym Mall, owned by Paytm E-Commerce, is looking to strengthen its presence in the country’s e-commerce market and has partnered with over 100 FMCG brands including Marico, Hindustan Unilever and others to drive sales.
With deconstruction at Japanese brand Yohji Yamamoto, androgyny at Haider Ackermann, light airiness at Altuzarra, and delicacy at Indian label Rahul Mishra, Paris Fashion Week celebrated eclecticism over the weekend.
Large e-commerce firms including Amazon and Flipkart have asked the government to defer its planned GST regulation amendment that is set to be enforced on October 1, as it would create compliance issues.
The Walmart Foundation has pledged to invest Rs 180 crore ($27 million) in Indian farmers. Walmart India will separately increase its direct sourcing from farmers to 25 percent, which will reduce transportation costs.
Danish fashion firm Bestseller United, the biggest investor in Asos, the fast-growing British online fashion retailer, said on Thursday it would reduce its holding by selling a 2.4 percent stake in the firm.
Logistics issues may have been a problem for H&M in the US, France, Italy and Belgium in Q3 but the quarter was mainly about good news as online surged, AI and analytics tech delivered, and sales recovered.