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Trent’s Q2 net profit down to Rs 17 crore
Tata Group-owned Trent Ltd saw its net profit for the second quarter ended September 2019 drop to Rs 17 crore ($3.4 million) as against Rs 21 crore it had reported in the year-ago period.
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Ready-to-wear
Retail
Capri profit misses as Hong Kong protests hurt Versace sales
Capri Holdings Ltd missed Wall Street estimates for quarterly profit on Wednesday, as protests in Hong Kong and negative Chinese consumer reaction to an 'incorrectly labeled' T-shirt hurt sales of its Versace brand.
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Ready-to-wear
Business
Titan Ltd’s Q2 net profit up 3 percent to Rs 312 crore
Titan Company Ltd posted a three percent increase in its consolidated net profit at Rs 312 crore ($44.1 million) for the second quarter ended September 30 as against Rs 301 crore it posted in the year-ago period.
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Accessories
Business
Dabur India Q2 net profit up 7 percent at Rs 403 crore
Dabur India’s net profit for the second quarter ended September 30, 2019, increased by 7 percent to Rs 403 crore ($57 million) as against Rs 377 crore it had reported in the year-ago period.
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Miscellaneous
Business
Myntra’s net loss for FY 2019 widens to Rs 539 crore
Flipkart-owned fashion retailer Myntra’s net loss for the fiscal year 2018-19 increased by 257 percent to Rs 539 crore ($76.1 million) as against the net loss of Rs 151 crore it reported in the last financial year.
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Miscellaneous
Business
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The latest news
Features
Business
CAIT vows not to work with Flipkart or Amazon on kirana project
The Confederation of All India Traders has stated on Friday that it will not work with e-commerce giants Flipkart and Amazon to aid kirana store growth and would prefer to work with Indian businesses.
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Miscellaneous
Industry
BigBasket reports 60% sales growth in FY19, expects break even soon
Fast moving consumer goods retailer BigBasket saw sales increase by 60% during the 2019 financial year and expects to break even in the coming four to six months as online shopping continues to grow.
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Accessories
Business
North America drags down slipping sales at Revlon
Currently reviewing the possibility of a sale, Revlon announced declining revenues and widening losses for Q3 on Friday, as weaknesses in its North American business took their toll on the company’s top line.
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Perfume
Business
Trent’s Q2 net profit down to Rs 17 crore
Tata Group-owned Trent Ltd saw its net profit for the second quarter ended September 2019 drop to Rs 17 crore ($3.4 million) as against Rs 21 crore it had reported in the year-ago period.
today
Ready-to-wear
Retail
Trade shows
Government plans to include textiles, cosmetics in NPOP organic certification
The government plans to include textiles and cosmetics in its National Programme for Organic Production certification with the aim of boosting exports.
today
Textile
Industry
VOD Dubai International Jewellery Show 2019 to feature India Pavilion
The VOD Dubai jewellery trade show will feature an India Pavilion at its upcoming edition from November 13 to 16 to showcase fine jewellery, gemstones, and jewellery packaging.
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Jewellery
Industry
GJEPC takes trade delegation to China, attends China International Import Expo
The Gem and Jewellery Export Promotion Council has taken a trade delegation to China to promote Indian jewellery exports and is attending the second China International Import Expo in Shanghai.
today
Jewellery
Industry
IIJS Signature 2020 to take place in Mumbai in February
The upcoming India International Jewellery Show will take place from February 13 to 16, 2020, at the Bombay Exhibition Centre in Gurugram. The GJEPC is offering reduced rates to exporters to boost the industry.
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Textile
Trade shows
