The billionaire co-owner of retailer Fawaz Alhokair Group has been arrested as part of an anti-corruption operation in Saudi Arabia. The group represents brands including Aldo, Mango and New Look in the Middle East.
In the Delhi-NCR region, around 150 garment factories that manufacture for international brands face indefinite closure following the Supreme Court’s decision to ban the use of petroleum coke and furnace oil.
Flipkart owned online fashion retailer Myntra has partnered with the Ministry of Textiles and will soon be launched an exclusive handloom brand on its portal to support the handloom sector in the country.
Flipkart’s fashion arm Myntra has announced that it is confident in its ability to turn profitable by the end of the fiscal year. The retailer is pursuing this is through an even split between online and offline retail.
India’s multi-brand fashion and lifestyle store Good Earth is hosting a shopping and lifestyle event in New Delhi on October 6. Dubbed the Schezade Mina Bazaar, it will celebrate Diwali and showcase Indian designers.