×
125
Fashion Jobs
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
PUMA
Senior Manager - Golf Sales (Cpg-Cobra Puma Golf)
Permanent · Bengaluru
PUMA
Manager - Accounts Payable
Permanent · Bengaluru
PUMA
Senior Manager – Teamsport Sales
Permanent · Bengaluru
PUMA
Manager – Customer Reconciliation And Accounts
Permanent · Bengaluru
PUMA
Manager – Warehouse Operations (Ecommerce)
Permanent · Gurugram
PUMA
Warehouse Manager-Offline Business
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Application Security Architecture Consultant, India - Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
MASAR GROUP
IT Support
Permanent · DUBAI
NIKE
Sap Security Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
TLM CONSULTANCY
Merchandising Assistant
Internship · MUMBAI
NIYOSSHIC LUXURY CONSULTANCY
Social Media Intern
Internship · MUMBAI
NIYOSSHIC LUXURY CONSULTANCY
PR Assistant
Internship · MUMBAI
OUTHOUSE JEWELLERY
Communication Designer
Permanent · MUMBAI
OUTHOUSE JEWELLERY
Store Manager
Permanent · NEW DELHI
MAC
Make up Artist - Mac - Nykaa Pacific Rajori
Permanent · Delhi
SAAHRA
Content Strategist
Internship · NEW DELHI
SAAHRA
Jewellery Designer Apprenticeship
Internship · NEW DELHI
SAAHRA
Business Development (Fashion)
Internship · NEW DELHI
Published
Nov 16, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Arvind Fashions Q2 net loss widens to Rs 218 crore

Published
Nov 16, 2020

Arvind Fashions Limited (AFL) net loss for the second quarter ended September widened to Rs 218 crore ($29.3 million), as against a net loss of Rs 46 crore it had reported in the year-ago period.
 

Arvind Fashions Q2 net loss widens to Rs 218 crore - Arrow - Facebook


The company’s revenue for the quarter was down 56 percent to Rs 464 crore, as against revenue of Rs 1056 crore it had posted in the corresponding period last year.
 
AFL continues to remain optimistic about the future, as its revenue for the quarter more than trebled over the first quarter, led by the gradual opening of stores along with improved footfalls across stores.

Commenting on the Q2 results, J Suresh, CEO of AFL, in a statement said: “While Covid-related concerns persist, we have witnessed business recovery during the quarter, with improved footfalls and trend line across our channels. Our investments in digital and omni-channel capabilities are driving robust growth in our online sales.”
 
“With our cost-saving measures along with sharper working capital control and sales recovery trajectory, we expect to achieve EBITDA positive in H2 FY21,” he added.
 
AFL has a strong portfolio of fashion brands both international and indigenous, which includes U.S. Polo Assn., Arrow, Gap, Tommy Hilfiger, Calvin Klein, and Sephora. It currently has a network of 1,290 stores across India.

Copyright © 2021 FashionNetwork.com All rights reserved.