Aditya Birla Fashion Retail Limited reported a net loss of Rs 2 crore ($2,78,699) for the second quarter ended September 2019, as against a net profit of Rs 43 crore it had reported in the year-ago period.
The fashion and lifestyle shopping exhibition Inherit 2019 will take place in New Delhi from December 7 to 8 and will feature clothing, crafts, and design at the Sunder Nursery Heritage Park in Nizamuddin.
A new collection from H&M has unleashed protests from women’s rights campaigners because it includes the slogan “I love GBV”, the initials of the designer but also a widely used acronym for gender-based violence.
Chinese retailer Alibaba Group Holding Ltd’s sales for its 24-hour Singles’ Day shopping blitz hit a record $38.4 billion, more than U.S. rival Amazon.com Inc’s haul last quarter from online store sales.
Amazon Fashion has launched five of its own private-label brands in Europe, but another 103 have already been introduced in the US by the web giant, although it denies claims it is competing with client brands.