Digital payments and e-commerce business Paytm has extended its deadline for shareholders, employees, and former employees to state they wish to sell their shares ahead of its planned initial public offering.
Nike Inc quarterly revenue beat Wall Street estimates, as Americans stepping out of the pandemic-led lockdowns splurged on footwear and apparel, sending its shares 4% higher.
Flipkart’s online fashion arm Myntra has seen its lingerie and loungewear segment’s sales grow by 300% year-on-year in 2020 and expects the category to continue to grow, boosted by pandemic demand.
The owner of Tommy Hilfiger and Calvin Klein is focusing on its flagship labels and has sold its heritage brands for $220 million, in a deal that has made Authentic Brands (ABG) a specialist in formal American menswear.
Victoria Beckham unveiled her pre-spring collection this week in an important turning point for her fashion houses, as it represents her first unified collection in several years.
Gurugram-based personal care brand ‘The Switch Fix’ has received seed round funding of $145,000 (Rs 1 crore) from Venture Catalysts, 9Unicorns, and Kushal Khandwala, Director of KIFS Group.
American fashion company Ralph Lauren has teamed up with G2 Esports as its exclusive fashion outfitter.
Titan expects its jewellery business, sold through its brand Tanishq, to slowly pick up in the second half of the year, fuelled by festive demand, as the business gradually reopens its brick-and-mortar outlets.
Apparel major TCNS Clothing Co reported a net profit of Rs 4 crore ($537,923) in the quarter ended March 2021, as against net loss of Rs 24 crore it reported in the year-ago period.
Amazon.com Inc's Prime Day saw strong online sales growth in the United States on Monday even as supply chain snafus and a robust spending appetite limited the level of discounts on popular products like electronics.
This is big in the realms of underwear. Adidas has signed Delta Galil to design, manufacture and distribute men’s and women’s intimates collections under its Badge of Sport and Originals labels, launching in spring 2022.
KKR, a leading global investment firm, has picked up a controlling stake in personal care and beauty products company Vini Cosmetics for $625 million (Rs 4,600 crore).
Woodland, owned by Aero Club, has witnessed strong growth in its online sales amid the Covid-19 pandemic and expects its sales to recover over the next two months.
Zara India reported a loss of Rs 41 crore ($5.6 million) for the financial year 2020-21, as against a net profit of Rs 104 crore it had reported in the previous financial year.
The French luxury group, which previously held 67% of the Italian brand, has purchased the remaining 33% from Laudomia Pucci, who is stepping down from her role as vice president and image director at the house.
