Six months after a neighborhood fire scarred the center of Paris, destroying Benetton’s main French boutique, the Italian marque reopened its flagship this week, repainted in pink, expressing a newfound optimism.

India's huge diamond-polishing industry has furloughed around 250,000 of its roughly two million workers because of sanctions on Russia hitting supplies, a trade union said Thursday.

FMCG major Godrej Consumer Products Ltd (GCPL) reported a net profit of Rs 363 crore ($49 million) for the fourth quarter ended March 2022, as against a net profit of Rs 366 crore it posted in the year-ago period.

Women’s footwearand accessories brand Monrow Shoes has raised an additional $1 million (Rs 7.5 crore) from LC Nueva Investment Partners, along with existing investors such as 9Unicorns , LetsVenture , and Vcats .

Streetwear brand No Grey Area has embraced high fashion with new launch AgniApaas as the brand famous for its tracksuits launches a line of androgynous layered looks with abstract prints inspired by climate change.

Leading denim manufacturer Vishal Fabrics Limited has elevated Vinay Thadani to the position of chief executive officer of the organisation.

Kitex Garments witnessed a 434 percent surge in its net profit to Rs 44 crore ($5.7 million) for the fourth quarter ended March 2022, as against a net profit of Rs 8 crore it reported in the year-ago period.

Womenswear and accessories brand MoonRay traveled to Mumbai to launch its latest collection in the metro at a collaborative event with The Style Story as the young brand continues to expand its distribution base.

Indian Terrain Fashions Ltd posted net profit of Rs 6 crore ($772,093) for the fourth quarter ended March 2022, as against net profit of Rs 27 crore it posted in the year-ago period.

The Fashion Design Council of India and Lakmé Fashion Week will travel to Mumbai for their next joint fashion week from October 12 to 16, following their recent spring edition in New Delhi.

Luxury handbag brand Beej has brought plastic-free leather alternative Mirum to India by launching a limited edition baguette bag named ‘The Era’. 

Amazon India aims to bring more local businesses online with its new ‘Smart Commerce’ initiative which the business launched at its annual summit Amazon Smbhav. 

Cantabil Retail Ltd witnessed a 12 percent rise in its net profit at Rs 8 crore ($1.1 million) for the fourth quarter ended March 2022, as against a net profit of Rs 7 crore it reported in the year-ago period.

ABFRL reported a consolidated net profit of Rs 32 crore ($4.1 million) for the fourth quarter ended in March 2022, as against a net loss of Rs 196 crore it posted in the year-ago period.

Arvind Ltd reported 64 percent rise in consolidated net profit at Rs 87 crore ($11.4 crore) for the fourth quarter ended March 2022, as against Rs 53 crore it reported in the year-ago period.

Smytten-India’s largest tech-enabled product discovery and trial platform has raised Rs 100 crore ($13.3 million) in Pre-Series B led by Fireside Ventures and Roots Ventures.