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Paytm extends deadline for registering to sell shares ahead of IPO
Digital payments and e-commerce business Paytm has extended its deadline for shareholders, employees, and former employees to state they wish to sell their shares ahead of its planned initial public offering.
Fashion
Business
Nike revenue beats on upbeat North America demand
Nike Inc quarterly revenue beat Wall Street estimates, as Americans stepping out of the pandemic-led lockdowns splurged on footwear and apparel, sending its shares 4% higher.
Fashion
Business
Myntra sees lingerie and loungewear sales grow by 300% in 2020
Flipkart’s online fashion arm Myntra has seen its lingerie and loungewear segment’s sales grow by 300% year-on-year in 2020 and expects the category to continue to grow, boosted by pandemic demand.
Fashion
Business
RBI asks banks to let jewellers repay part of loans in physical gold
On June 23, the Reserve Bank of India instructed banks to give gold jewellery manufacturers and exporters the option to repay part of their Gold Metal Loans in physical gold.
Luxury
Industry
Trade shows
Pitti to host LVMH Prize finalists this summer; amid first signs of momentum
Pitti, the giant Florentine menswear salon, will host this year’s LVMH Prize finalists with a major installation in this summer’s reschedule edition, amid fresh signs of momentum at the giant trade show.
Fashion
Trade shows
Pitti Uomo is ready to restart with a very special physical edition
Florence-based trade show Pitti Uomo will be one of the first to relaunch its physical show, from June 30 to July 2, albeit in a reduced format and with safety measures. It expects up to 8,000 buyers and over 300 brands.
Fashion
Trade shows
GJEPC to hold IGJS in Dubai for the first time this August
The Gem and Jewellery Export Promotion Council will hold jewellery trade show International Gem and Jewellery Show in Dubai for the first time from August 14 to 16, to boost jewellery export trade.
Luxury
Trade shows
Prime Minister Modi calls for upscaling handicrafts to increase reach
Prime Minister Narendra Modi has called for the upscaling of India’s handicraft sector to create new products, which will enable the industry to expand its distribution network.
Fashion
Industry
