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.
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.
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.
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.
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.