Richemont’s third quarter — the all-important three months to the end of December — saw sales rising only 1%, although currency-neutral, they were up a healthier 5%, despite the “continuously volatile environment”.
Sales at Maybelline maker L’Oréal fell more sharply than expected in the second quarter, though the French beauty giant managed to contain any major profit erosion as the COVID-19 pandemic forced stores to close.
Swiss travel retail giant Dufry AG on Wednesday launched a restructuring programme designed to cut its staff costs as it works to protect its business following the effects of the coronavirus outbreak globally.
Pop-up shopping exhibition ‘Travelling Trunk: Made in Bengal’ will showcase Kolkata’s fashion design talent across India with participating brands including Tahweave, Vasundhara Mantri, and Richa Khemka.
The Echoes of Earth music festival shone a spotlight on sustainable fashion with a flea market dedicated to up-and-coming fashion and lifestyle brands including Voi Jeans and No Borders over the weekend.
Women’s ethnic wear brand Khara Kapas will hold a pop-up shopping event in Mumbai from December 9 to 10. The brand will also travel to Bengaluru for a showcase from December 20 to 21 to promote its latest collection.
The fashion and lifestyle shopping exhibition Inherit 2019 will take place in New Delhi from December 7 to 8 and will feature clothing, crafts, and design at the Sunder Nursery Heritage Park in Nizamuddin.