Sales at French luxury group LVMH's fashion and leather goods division rose strongly in the third quarter even though overall revenue growth in Asia and the United States eased from their stellar first-half performance.
News that ASOS CEO Nick Beighton has stepped down rather put the firm’s results statement in the shade. But there’s no denying the company remains one of the most successful in fashion retail, even if growth is slowing.
Business-to-business e-commerce platform Bizongo announced that it has turned profitable and expects to reach a total of $300 million (Rs 1,995.8 crore) in annualised revenue by the end of the 2022 financial year.
Tata Group business Titan has seen strong signs of recovery in the recent second quarter of the 2022 financial year, as most of its stores are fully operational again, the business announced on October 6.
As digital commerce platform Meesho launched its flagship sale event ‘The Maha Indian Shopping League’ which runs from October 6 to 9, the business announced that it has onboarded over one lakh new sellers.