Online fashion retailer Myntra continues to face top level exits with its chief product officer (CPO) and chief revenue officer (CRO) putting in their papers and are expected to leave the firm next month.
The British brand Marks & Spencer has reported that sales of womenswear and lingerie have grown by 40 percent from FY 2014/15 to FY 2016/17. The categories have become the company’s fastest growing in India.
Monte Carlo Fashions Ltd net profit rose to Rs 48 crore (approx $7.5 million) for the quarter ended December 31 as compared to Rs 35 crore (approx $5.5 million) it had posted during the same period last financial year.
Bombay Dyeing & Manufacturing Co Ltd revenue rose by 28 percent for the quarter, posting sales revenue of Rs 635 crore (approx $98.7 million), as against Rs 496 crore (approx $77 million) in the year-ago quarter.