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H&M sales continue to rise strongly but late Black Friday dents Q4
H&M’s sales for Q4 and the full year on Monday showed that the fashion retail giant has continued to grow globally during 2019. Its net sales were up 11% in the year, or a 6% rise in local currencies.
today
Ready-to-wear
Business
P&S Jewellery faces police investigation for allegedly cheating banks
Mumbai-based jewellery and diamond business P&S Jewellery faces a police investigation for allegedly wilfully defaulting on loans and cheating a consortium of lenders including Union Bank of India.
today
Jewellery
Industry
Lightbox Ventures invests $8 million in Bombay Shirt Company
Bombay Shirt Company has raised $8 million (Rs 56.6 crore) from Mumbai-based venture capital firm Lightbox Ventures.
today
Ready-to-wear
Business
P&G plans India e-commerce platform
Procter & Gamble plans to launch an e-commerce platform in India to tap into the country’s booming online market and is currently testing a beta version of the site.
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Cosmetics
Retail
Trade shows
Techtextil 2019: increase in exhibitors, decrease in visitors
Technical textile trade show Techtextil India’s recent seventh edition saw a 23% year-on-year increase in the number of exhibitors to 192 but visitors dropped from 5,436 at its previous edition to 4,446 this year.
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Textile
Trade shows
JewelNet Expo to take place in Zirakpur, Mohali this December
From December 21 to 23, non-profit educational institute the Gemmological Institute of America, India, will host the JewelNet Expo in Zirakpur to showcase jewellery businesses in North India.
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Jewellery
Trade shows
EPCH to hold IFJAS 2020 in July
The Export Promotion Council for Handicrafts will hold the 13th edition of its Indian Fashion Jewellery and Accessories Show in July, 2020, at the India Expo Centre and Mart in Delhi-NCR.
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Accessories
Trade shows
Minister Piyush Goyal inaugurates IGJS, announces plans for jewellery industry
The Minister of Commerce and Industry Piyush Goyal spoke on the Union Government’s support for the jewellery industry and asked for transparency and self-regulation as he inaugurated the India Gold and Jewellery Summit.
today
Jewellery
Industry
