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Lululemon sees 2023 sales, profit above estimates on strong demand
Lululemon Athletica Inc forecast annual sales and profit above Wall Street estimates on Tuesday, betting on strong demand for its pricier yoga wear even as inflation hurts consumer spending.
Fashion
Business
Luxottica and Bulgari are not renewing their eyewear license agreement
Luxottica's licensing agreement for Bulgari's eyewear collections, which expires at the end of 2023, will not be renewed. The jeweller could be joining Thélios, the eyewear manufacturer owned by its parent company LVMH.
Fashion
Business
China's Alibaba to break up empire into six units as Jack Ma returns home
Alibaba Group is planning to split into six units and explore fundraisings or listings for most of them, in a major revamp as China vows to ease a sweeping regulatory crackdown and support its private enterprises.
Business
Kim Kardashian trademarks daughter North West's name in beauty industry
Could Kanye West and Kim Kardashian's daughter North West's name become a cosmetics brand? Kim Kardashian has trademarked her eldest daughter's name in several sectors, including beauty.
Beauty
People
Trade shows
IIGJ showcases graduate jewellery in Bengaluru
The Indian Institute of Gems and Jewellery showcased a range of jewellery designs by its graduates for the first time in South India at the recent India International Jewellery Show Tritiya 2023 in Bengaluru.
Luxury
Industry
Bharat Diamond Bourse to hold fourth edition of Bharat Diamond Week this April
The Bharat Diamond Bourse will hold the fourth edition of Bharat Diamond Week from April 6 to 8 in Mumbai to showcase over 125 diamond manufacturing businesses to a business-to-business audience.
Luxury
Industry
India Fashion Tex 2023 rallies knitwear industry in Delhi
The latest edition of India Fashion Tex welcomed over 200 international buyers in New Delhi to network with knitwear and textile manufacturers and boost international trade.
Fashion
Industry
IHGF Delhi Fair concludes with business enquiries totalling around Rs 3,500 crore
The 55th Indian Handicrafts and Gifts Fair concluded on March 19 in Delhi with business enquiries totalling around Rs 3,500 crore.
Fashion
Trade shows