Indian textiles major Indo Count has acquired the international home fashions brand Wamsutta from Beyond Inc for $10.25 million (Rs 86 crore).

India’s cotton yarn spinning industry should see an improvement in its performance in the 2025 financial year compared to last year, according to ratings agency Crisil. 

Flipkart’s fashion and beauty arm Myntra has been ordered to pay Rs 28,000 in damages to two of its customers by the Bengaluru Urban Consumer Disputes Redressal Commission for unfair trade practices. 

Women’s ethnic wear brand Libas has joined forces with e-commerce enablement business GoKwik to form a strategic partnership and optimise the online shopping experience to drive growth. 

Japanese apparel and lifestyle brand Uniqlo has expanded its basics selection in India and launched its ‘Airism’ line of t-shirts designed to protect against UV rays and hot weather. 

Family oriented fashion brand Max Fashion has launched a new private label named ‘Urban’ to cater to Gen Z Indians. The clothing line has launched with a campaign designed to redefine size labels. 

Beauty business and content to commerce company Good Glamm Group has laid off approximately 15% of its employee base as part of its team integration in a bid to become profitable.

Indian sports and athleisure company Agilitas Sports said it had acquired exclusive rights to design, manufacture, and distribute products of popular Italian sports brand Lotto across India and Australia.

Fashion retailer Red Tape has partnered with e-commerce enablement solutions provider Easyecom to scale its e-commerce operations in the Indian market.

H&M launched on Thursday its collaborative collection with emerging brand Rokh introducing a collection that reimagines wardrobe staples.

Adidas launched new shoes for 41 Olympic disciplines at an event in Paris on Thursday,  as it uses the Games to hone its focus on sports rather than celebrities.

Eyewear maker EssilorLuxottica posted on Thursday a 5.5% increase in revenues in the first quarter, thanks to solid growth in Europe and despite a weak North America performance and a tougher basis of comparison.

The two luxury brands, along with the Italian retailer, are making a name for themselves at this year's Milan Design Week with some particularly original and environmentally-friendly projects.

Shoulder-padded, daffodil yellow and accented with gleaming gold buttons -- a very of-its-time suit Princess Diana wore during her 1989 trip to Hong Kong is now among six outfits on display in the former British colony.

Business to business procurement marketplace ProcMart has raised Rs 250 crore in a Series B funding round and plans to use the capital to explore strategic acquisitions. 

The BFC Foundation has welcomed Andin Fonyonga to its board of trustees. Fonyonga joins fellow trustees David Pemsel, Pam Batty, Laura Strain and Caroline Rush.