The footwear company reported net income of $24.7 million in the first quarter, a significant improvement compared to the prior-year period, thanks to expectation-topping revenues and successful cost-cutting measures.
London-listed Koovs, the fast fashion e-tailer that targets the Indian youth market, had good news Tuesday as it updated on its trading performance in the year to March 31 and also shared details on extra funding.
Sales may have fallen again at Esprit in the first three months of the year, but the company seems to think that its restructuring plan is yielding results, although its full recovery is clearly some way off.
Boohoo delivered a powerful set of final results on Wednesday to show just how much money can be made from selling affordable fast-fashion online and that its formula can perform globally as well as in the UK.
Reliance Industries has started to remove its clothing, footwear, and lifestyle brands from e-commerce marketplaces such as Flipkart and Amazon as it gears up to launch its own business to customer e-commerce platform.
Fashion brand Péro hosted three pop-up shopping events to launch its spring/ summer 2019 collections in Chennai and Bengaluru. The brand also collaborated with footwear brand Birkenstocks for a collection of sandals.
The Japanese sportswear brand Onitsuka Tiger launched children’s footwear in India for the first time at the recent opening of its second flagship store in Delhi NCR. The store is located at Gurugram’s Ambience Mall.