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.
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.
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.
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.