Kewal Kiran Clothing Ltd saw its net profit drop 6 percent to Rs 32 crore ($4.6 million) for the second quarter ended September 2019 as against Rs 34 crore it reported in the previous fiscal of the corresponding quarter.
The Confederation of All India Traders wrote to the Prime Minister Narendra Modi on Tuesday to urge the government to strictly enforce its foreign direct investment regulations on Walmart to protect Indian traders.
The SaffronArt jewellery conference in Mumbai brought together international jewellery experts, designers, and historians to trace the history of India’s jewellery design aesthetics and discuss the industry.
Sustainable sourcing has become a strategic priority for the fashion industry, though the path towards it is long and fraught with obstacles, according to a survey by management consultancy firm McKinsey.
Swiss watchmaker Swatch Group will no longer make watches and jewellery under the Calvin Klein brand, reducing its exposure to a price segment that is under pressure from smartwatches and other fashion watches.