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AMJ Ventures invests in fashion start-up StyleCracker
Personalised styling platform StyleCracker has received a $2 million (Rs 13.3 crore) investment from the US-based investment firm AMJ Ventures and plans to use the funds towards developing technology.
today
Ready-to-wear
Business
Bata India Q2 net profit jumps 30 percent to Rs 71 crore
Bata India Ltd witnessed a 30 percent surge in its net profit to Rs 71 crore ($10 million) for the second quarter ended September 2019, as against Rs 55 crore it had posted in the year-ago period.
today
Footwear
Business
Lux Industries Q2 net profit jumps 95 percent to Rs 41 crore
Lux Industries Ltd’s net profit for the second quarter ended September 2019 jumped 95 percent to Rs 41 crore ($5.7 million), as against Rs 21 crore it had reported during the previous quarter ended September 2018.
today
Ready-to-wear
Business
Spencer’s Retail posts Q2 net loss of Rs 40 crore
Spencer’s Retail reported a consolidated net loss of Rs 40 crore ($5.6 million) for the quarter ended September 30, 2019, as compared to a profit of Rs 5 lakh it reported in the year-ago period.
today
Ready-to-wear
Business
Design
Ensemble celebrates Indian and Pakistani designers at festive pop-up in Lahore
The Ensemble Winter Festive Exhibition in Lahore, Pakistan, brought a host of Indian and Pakistani luxury womenswear brands to the city on Thursday including Sabyasachi.
today
Ready-to-wear
Design
Nila House opens in Jaipur to showcase and promote local textiles and crafts
Nila House has opened on Prithviraj Road in Jaipur as a store and exhibition space dedicated to textiles and artisan crafts from the region, supported by the Lady Bamford Charitable Trust.
today
Ready-to-wear
Industry
Eleven Eleven collaborates with Ladakh’s weavers for handloom collection
Eleven Eleven has collaborated with a group of traditional Ladakhi handloom weavers to create a Pure Pashmina collection that launched at Ensemble in Khan Market, New Delhi, on November 14.
today
Ready-to-wear
Design
Santoor launches “pocket perfumes” line as West Bengal exclusive
Santoor has launched a new “pocket perfume” product category as a West Bengal exclusive as the business looks to tap into India’s deodorant category which it believes has high potential for growth.
today
Perfume
Retail
Videos
Catwalks
Appointments
Unilever chairman Marijn Dekkers steps down
The chairman of consumer goods giant Unilever said on Wednesday he is stepping down after three years in the role. He will hand over the reins to Nils Andersen, but will remain on the board as a non-executive director.
today
Beauty
Appointments
Dollar Industries Q2 net profit dips 30 percent, names new CFO
Dollar Industries Ltd witnessed a 30 percent decline in its net profit to Rs 14 crore ($2 million) for the second quarter ended September 30, 2019, as against Rs 20 crore it had reported in September 2018.
today
Ready-to-wear
Appointments
Bombay Dyeing Q2 net profit plummets 73 percent, names new CFO
Bombay Dyeing & Manufacturing Co Ltd saw its net profit for the second quarter plummet 73 percent to Rs 89 crore ($12.5 million), as against a net profit of Rs 325 crore it had posted in the year-ago period.
today
Ready-to-wear
Appointments
Gap CEO Art Peck to step down
The CEO of the American fashion group, who stepped into his role in early 2015, will be succeeded by chairman of the board, Robert J. Fisher, heir of the company's founding family, who takes over as interim CEO.
today
Ready-to-wear
Retail
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Italia
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Mapic Awards: Torino Outlet Village premiato come miglior centro outlet
France
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« ….le drugstore parisien » s'installe au coeur de la gare Saint-Lazare
España
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Javier Pascual del Olmo, nuevo presidente de Condé Nast France
México
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Cuidado con el Perro redobla su presencia en Texcoco
Perú
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H&M estrena su tercera tienda en Uruguay