It was the same old story for Uniqlo, the largest chain operated by retail giant Fast Retailing, in January as the company said on Tuesday that its sales in Japan were dented by the wrong kind of weather.
Off-White and Bottega Veneta are continuing to ride high in the latest version of The Lyst Index. The Q4 report from the high-end search engine showed that Off-White is again the "hottest brand on the planet”.
Shira Sue Carmi, the former president of Mansur Gavriel, has just been named CEO of Altuzarra. The New York-based company was formerly run by Karris Durmer, who has left to join Scotch & Soda’s American branch.
In a bid to encourage Mumbai residents to donate used clothing, charitable organisation Seams for Dreams has launched the ‘SFD Truck’ in Mumbai, which will drive around the city to collect used clothing.
To further expand its delivery options, Amazon India has joined forces with Eastern Railways and will open an order pick-up kiosk in Kolkata’s Sealdah railway station following a pilot programme around Mumbai.
Fast-fashion retailer H&M saw its sales in India increase by 45% during its most recent December to November 2019 financial year, to reach Rs 1,491 crore ($224.1 million), opening eight stores in India during the year.
The e-commerce giant reported Q4 sales that were well above its own predictions, returning to earnings growth and sending its stock soaring 12% towards a valuation of $1 trillion in the extended session on Thursday.