The latest news
Zara-owner Inditex's quarterly profit rises 54% as sale boom continues
Zara owner Inditex on Wednesday posted a 54% rise in first-quarter profit as sales kept pace after a strong 2022, when it outperformed other retailers during a cost of living crisis.
ONDC enters B2B retail
The government-backed Open Network for Digital Commerce has entered the business-to-business e-commerce market to enable sellers on the platform to engage in wholesale trade.
Zara owner Inditex faces margin test
Investors will closely watch Zara owner Inditex's profit margins for any signs of weakness after a stellar series of results confirmed its lead over smaller Swedish rival H&M.
MiniKlub opens third flagship store in Chennai
Children’s and baby wear brand MiniKlub has opened a new exclusive brand outlet in Chennai, bringing its total in the city to three.
Flipkart launches billboard in New York, US to celebrate sale
E-commerce giant Flipkart has launched its first ever billboard in the US to promote its ‘End of Season Sale’ in New York’s Times Square.
Data privacy: Amazon to pay over $30 million to avoid prosecution
Amazon will pay more than $30 million to the US authorities to end lawsuits brought against the Ring and Alexa devices for failure to respect their users’ data privacy.
Upcycling PET bottles to apparel vital for India's circular economy
PET bottles are highly versatile and can be repurposed into a range of items. Bisleri International Pvt Ltd has undertaken a project to upcycle PET bottles to create apparels, shoes, and other products.
Walmart reiterates goal of doubling international gross merchandise in five years
Walmart still expects to double the amount of gross merchandise volume it sells in foreign markets to $200 billion in five years, a top executive at the retailer said on Friday.
Edward Enninful to exit British Vogue, taking on global advisory role
And another one bites the dust. Edward Enninful is to exit British Vogue the magazine has made known, making him the latest editor-in-chief of a Vogue in the past several years to exit their position.
Unicommerce launches advanced inventory management solution
E-commerce enablement SaaS platform Unicommerce has launched an advanced inventory management solution to increase order processing speeds.
Flipkart launches sale event with over 10,000 brands, 200,000 sellers
On June 1, e-commerce giant Flipkart launched its ‘End of Season Sale’ with over 10,000 participating brands and over 200,000 participating sellers. The business also launched new tech features to boost engagement.
Myntra launches digital fashion co-branded credit card with Kotak Mahindra Bank
Online fashion retailer Myntra has partnered with Kotak Mahindra Bank Limited to launch its first co-branded digital fashion and lifestyle credit card to give customers rewards as they shop.
Simone Bellotti is new Bally Design Director after Villaseñor's exit
Swiss luxury brand Bally on Wednesday named Simone Bellotti as its Design Director leading its design studio. It’s an internal promotion with Bellotti having joined the firm back in October after 16 years at Gucci.
Fashionista to hold fashion fairs in Mysuru, Coimbatore
Business to customer fashion fair Fashionista will hold editions in Mysuru and Coimbatore this June to showcase a wide range of womenswear and accessories for the summer season.
Myntra launches virtual fashion influencer Maya
Fashion e-commerce platform Myntra has launched a virtual fashion influencer named Maya to help the business harness technology to engage with Gen Z across India.
Myntra onboards Shah Rukh Khan to boost EORS sales
Fashion e-commerce major Myntra has signed Bollywood actor Shah Rukh Khan as the face of the 18th edition of End of Reason Sale (EORS), its marquee bi-annual fashion event.