​German sportswear giant Adidas raised its 2021 sales outlook on Friday, saying it expects strong demand for new products despite ongoing lockdowns in Europe, supply chain challenges and political tensions.

The Federation de la Haute Couture et de la Mode confirmed Friday that it is planning to host live catwalk shows in Paris this summer, during the upcoming menswear season in June.

​Raymond Ltd witnessed a 15 percent decline in consolidated net profit at Rs 58 crore ($7.9 million) for the fourth quarter ended March 2021, as against Rs 69 crore it had reported in the year-ago period.

​Greensole, a PETA-approved vegan shoe brand, is banking on partnerships with established brands for growth in the Indian footwear market.

From May 5 to 13, womenswear brand Neeti & Mudita is holding ‘Covid Relief Week’ to raise funds for the Hemkunt Foundation and for its workers and their families.

Organic, vegan clothing brand No Nasties will donate 25% of every sale this month to charitable organisation Give India to provide Covid-19 relief in emergency treatment centres across India. 

Digital payments and e-commerce business Paytm launched its new platform ‘Covid-19 Vaccine Finder’ on its Mini App store on Thursday to help people find a time and place to get vaccinated. 

Middlebury, Connecticut-based Timex Group, a world leader in watchmaking, and Adidas, revealed on Thursday a new global licensing agreement for watches. 

On June 1, Hubert Hinterseher will take over from Michael Lämmermann, the German sport group’s CFO since 2013. Arne Freundt, currently head of EMEA, has instead been promoted to the post of chief commercial officer.

Womenswear brand Tilla has made a departure from its signature traditional designs and launched new fusion-style collection ‘Raja Rani’, featuring its first custom graphic prints.

After launching a collection of sustainable jewellery in 2020, Mango has again turned to 3D printing technology to create a seven-item TPU (thermoplastic polyurethane) capsule collection.

​Gillette India Ltd reported a profit of Rs 106 crore ($14.4 million) for the third quarter ended March 31, while its sales revenue was at Rs 537 crore.

Sporting goods maker Adidas has launched the sale of its Reebok brand in an auction which risks being affected by a political row over possible forced labour in China's western Xinjiang region, three sources said.

​India’s leading value fashion retailer V2 Retail has announced the closing of one more non-performing store at Udupi in the state of Karnataka.

​Hugo Boss said that it's seen a solid start to the year as it revealed its first-quarter sales. Not that those sales rose. In fact they were down 8% currency-adjusted, or 10% in total to €497 million.

Womenswear specialist Ritu Kumar is expanding its homeware collection, RK Home, as shoppers stay indoors, and plans to add collaborations to the subsidiary in June.