×
142
Fashion Jobs
SAROJ JALAN
Marketing Strategist
Permanent · KOLKATA
ADD UR CO LLP
Production Manager
Permanent · Chennai
THE GLOBAL ZONE HR SERVICES
Production Manager/ Supervisor/ Incharge
Permanent · Pune
PUMA
Manager - Digital Marketing
Permanent · Bengaluru
THE BANYAN HR CONSULTS
Brand Manager For Leading Women's Wear Garments CO at Coimbatore
Permanent · Coimbatore
LEVI'S
Manager, Retail Merchandising (Ebo)
Permanent · Bengaluru
GLAN MANAGEMENT CONSULTANCY
Senior Buyer Lingerie (Knits Western Wear) - Retail Brand
Permanent · GURUGRAM
JOB INDIA
Asst. Manager E-Com Operations (Garments Retail) Gurgaon
Permanent · Faridabad
VASTRAKALA EXPORTS
Quality Manager
Permanent · CHENNAI
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Manager / in Charge - Production/Quality/Cutting - Garments Industry
Permanent · Bhiwandi
MINT AND MILK COMMUNICATIONS
Senior Account Executive
Permanent · MUMBAI
PUMA
Manager- Buying (Apparel)
Permanent · Bengaluru
PUMA
Manager- Business Intelligence
Permanent · Bengaluru
PUMA
Manager- Trade Compliance
Permanent · Bengaluru
PUMA
Manager- Supply Planning
Permanent · Bengaluru
PUMA
Senior Manager - Performance Marketing- Marketplac…
Permanent · Bengaluru
PUMA
Regional Sales Manager- Mbo (South)
Permanent · Bengaluru
PUMA
Manager- Returns And Spf Operations
Permanent · Bengaluru
PUMA
Manager Merchandising
Permanent · Bengaluru
PUMA
Project Manager- Operations
Permanent · Bengaluru
PUMA
Manager- Logistics Operations
Permanent · Bengaluru
PUMA
Warehouse Manager-D2C
Permanent · Bengaluru
Published
Feb 11, 2022
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Spencer's Retail posts Q3 loss of Rs 27 crore

Published
Feb 11, 2022

Spencer's Retail Ltd narrowed its consolidated net loss to Rs 27 crore ($3.6 million) for the third quarter ended December 2021, from Rs 30 crore it reported in the year-ago period.
 

Spencer's Retail posts Q3 loss of Rs 27 crore - 2Bme


The company’s revenue for the quarter was down 7 percent to Rs 624 crore, as against Rs 672 crore in the corresponding period of the previous fiscal year.
 
Spencer’s expenses during the quarter stood at Rs 669 crore, as compared to Rs 716 crore in the year-ago period.

Commenting on the Q3 results, Shashwat Goenka, head of Spencer’s Retail in a statement said, “We witnessed 7 percent sequential growth in both of our businesses Spencer's and Nature's Basket although the latter part of December month remained challenging with subdued consumer sentiments and increase in cases of new Covid variant.”
 
Revenue from the non-food category, led by general merchandise and apparel, has started growing both on year-on-year and quarter-on-quarter basis. We continue to witness momentum in our omni channel business for the third quarter with 1.3x growth over last year,” Goenka added.
 
The Kolkata-based Spencer's Retail owns the fashion brand 2Bme and currently operates around 190 multi-format stores in over 42 cities in India.

Copyright © 2022 FashionNetwork.com All rights reserved.