Welspun India saw its net profit jump 21 percent to Rs 122 crore (approx $16.6 million) for the second quarter as compared to Rs 100 crore it had reported for the corresponding period of the previous fiscal.
Piper Jaffray has released the results of its 36th “Taking Stock With Teens” study, showing that Gen-Z girls are now spending three times more on beauty than accessories, while streetwear still dominates apparel trends.
Young designers have until 26th November to submit their applications for the fashion, photography and accessories categories of the 34th edition of the festival, which will take place from 25th to 29th April.
This year marks the 10th anniversary of Alibaba’s 11.11 shopping festival and the Chinese e-tailer is celebrating the occasion with 180,000 brands, 200,000 offline smart stores and a ‘see now, buy now’ fashion show.
India’s goods exports fell by 2.15 per cent year-on-year to $27.95 billion in September after a positive run between April and August. The decline is hoped to be temporary, owing to a high-base effect.