Foreign-owned e-commerce giants Amazon India and Flipkart both witnessed double digit year-on-year sales growth during Republic Day, thanks to stronger consumer sentiment during the third wave of the pandemic.
The Retailers Association of India has asked the central government to make available the Emergency Credit Line Guarantee Scheme for retailers affected by the Covid-19 pandemic and related restrictions.
Occasion wear Manyavar’s parent company’s Vedant Fashions will open its initial public offering on February 4 and the share sale will conclude on February 8, according to the business’ red herring prospectus.
Future Group challenged its own lenders in the Supreme Court to avoid facing insolvency proceedings over missing payments, citing its dispute with partner Amazon.com Inc, according to a legal filing reviewed by Reuters.
The Confederation of All India Traders filed a complaint with the Competition Commission of India on January 24 against Amazon for allegedly committing fraud while asking for approval to take over More Retail.
The Paris menswear season hadn’t quite ended, and the haute couture season has not begun. Nonetheless, the city witnessed two striking women’s ready-to-wear shows by Paco Rabanne and Alaïa on Sunday evening.
This Paris menswear season’s big debut was by Nigo at Kenzo on Sunday morning, and the Japanese cult designer’s first collection for the Japanese-born house was certainly made with finesse and a floral flourish.