Textiles and garment business Raymond is focusing on reducing its debt and aims to be debt-free in the coming three years by cutting costs and optimising its working capital.
E-commerce giant Amazon has invested Rs 375 crore into Amazon Transportation Services, its Indian logistics arm, to enable it to have the logistics capacity to continue to onboard more local sellers.
Ebay Inc. announced on Wednesday it has acquired non-fungible token marketplace KnownOrigin for an undisclosed amount, as the U.S. e-commerce marketplace looks to strengthen its product offering for digital collectors.
Titan Company’s ethnic wear brand Taneira is targeting revenue up to Rs 300 crore in the 2023 financial year and Rs 1,000 crore in revenue by the 2027 financial year, predicting strong growth in its saree business.
Indian actor Rashmika Mandanna has joined skincare beauty brand Plum as an investor and brand ambassador.
Leading Indian skincare and cosmetics brand Nutriglow has raised an undisclosed amount in Series A funding from the investment group GOAT Brand Labs.
Bengaluru-based silver jewellery start-up Giva has raised funds from investors led by Aditya Birla Ventures, A91 Partners, and Sixth Sense Ventures.
Natural skincare and personal care brand Mamaearth plans to reach a valuation of around $3 billion as it plans to launch an initial public offering in 2023.
L'Oreal chief executive Nicolas Hieronimus said he remained confident about the outlook for the beauty industry with consumers continuing to want to indulge despite the global economy becoming "even more complicated.
Sknups, a UK digital collectibles platform for fashion and beauty creators in the metaverse, has raised $3.5 million in pre-seed funding from fashion and web3 innovators.
Sales of luxury goods are set to rise at least 5% this year as shoppers in the US and Europe continue to snap up high-end watches, jewelry and shoes despite political uncertainty and soaring inflation, Bain said Tuesday.
Gurugram-based social commerce platform CityMall has brought in a number of structural changes to its employee base and has decided to lay off 191 workers to adapt to evolving market conditions.
E-commerce platform Meesho has launched a new range of employee benefits including an infinite wellness leave policy to enable workers to take time off for health or personal projects.
Stitched Textiles Private Limited’s brand Barcelona aims to raise up to Rs 200 crore through an initial public offering and has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India.
Flipkart’s fashion arm Myntra has seen demand for its ‘StyleCast’ service double over the past six months and has expanded clothing and accessories styles available through the service by 400%.
