India's One 97 Communications Ltd, the parent of fintech firm Paytm, on Friday reported a wider fourth-quarter loss due to higher expenses related to payment processing, marketing and employee benefits.
Chinese business giant Alibaba and its affiliated business Antfin sold their entire stake in e-commerce business Paytm Mall for Rs 42 crore which has led to a significant decrease in the business’ value.
Womenswear and accessories brand MoonRay traveled to Mumbai to launch its latest collection in the metro at a collaborative event with The Style Story as the young brand continues to expand its distribution base.
The Turkish designer, who had been head of sneaker design at Balmain since 2019, is joining Bottega Veneta as a consultant designer for footwear. He will work alongside creative director Matthieu Blazy.
The cashmere specialist owned by LVMH has appointed as chief commercial officer Marco Giacometti, who held the same post for two years at Valentino and is a highly experienced luxury industry executive.
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