Facebook Inc said on Tuesday it was launching Facebook Pay, a service that will help consolidate payments tools across its social media platforms including Whatsapp and Instagram.

​Kitex Garments Ltd’s net profit for the second quarter ended September 2019 rose 64 percent to Rs 37 crore ($5.2 million), as against Rs 22 crore it had reported in the year-ago period.

​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.

Pernia’s Pop-Up Shop’s first ever international store opening in London, UK, on Saturday brought over 50 Indian luxury fashion brands to Mayfair along with a host of celebrity guests.

Desizn Circle plans to continue to expand its fashion training programme through its new online learning facilities, an upcoming design award, and an expanding curriculum. 

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.

Masaba Gupta’s fashion and lifestyle brand House of Masaba will hold two pop-up stores in Jakarta, Indonesia, this week to showcase its festive collection in the capital city.

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. 

​E-commerce marketplace Snapdeal is in talks with new and existing investors including Softbank to raise around $100 million (Rs 716 crore) to consolidate its market position in India.

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.

​E-commerce platform Pesopie has raised $2.5 million (Rs 18 crore) in its latest funding round, which was led by Yana Korshunova from Moscow-based Angel Investor.

​Noida-based digital payments firm Paytm plans to invest Rs 500 crore ($69.9 million) in early-stage start-ups to support the country’s entrepreneur ecosystem and digitization.

​Indian Terrain Fashions Ltd witnessed a 45 percent decline in its net profit to Rs 4 crore ($5,58,834) for the second quarter ended September 30, 2019.

Bombay Dyeing & Manufacturing Co Ltd saw its net profit for the second quarter plummet 73 percent to Rs 89 crore ($12.5 million), as against a net profit of Rs 325 crore it had posted in the year-ago period.