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Raymond sees revenue increase 44% in FY22 Q4, reports highest ever sales and profitability
Raymond Limited reported its highest ever revenue and profitability during the fourth quarter of the 2022 financial year with 44% year-on-year revenue growth to Rs 2,032 crore.
Fashion
Business
Italian luxury group Zegna sees sales above 2 billion euros in mid-term
Italy's Zegna is aiming for revenue above 2 billion euros ($2.1 billion) in the medium term, up from the 1.29 billion euros posted last year, the fashion group said on Tuesday.
Luxury
Business
Walmart cuts full-year profit forecast as fuel, labor costs spike
Walmart Inc cut its full-year profit forecast on Tuesday, signaling a bigger knock to the retail giant's profit margins from surging costs of everything from fuel to labor.
Fashion
Business
Lenskart subsidiary Neso Brands raises over $100 million
Neso Brands, a subsidiary of eyewear retailer Lenskart has raised more than a $100 million (Rs 774 crore) in seed round from investors including KKR, SoftBank , Alpha Wave Global , and Temasek.
Fashion
Business
Trade shows
GJEPC's IIJS Premiere holds road show
The Gem and Jewellery Export Promotion Council has launched a road show to promote its upcoming India International Jewellery Show Premiere, Signature, and Tritiya editions and has held events in Kolkata and Delhi.
Luxury
Industry
Pitti Uomo heralds “exciting” come-back June edition over 4 days
Ann Demeulemeester, Grace Wales Bonner and Soulland are the special guests of the Florence show's 102nd edition, which will return to its usual format on June 14-17. Over 650 exhibitors and 15,000 visitors are expected.
Fashion
Trade shows
Union Minister Darshana Jardosh inaugurates Gartex Texprocess in Mumbai
On May 12, Union Minister of State for Textiles and Railways Darshana Jardosh inaugurated joint trade show Gartex Texprocess at the Jio World Convention Centre in Mumbai, its first edition in the metro.
Fashion
Industry
GJEPC hopeful SEZ and e-commerce policies will boost gem and jewellery industry
The Gem and Jewellery Export Promotion Council is lobbying for augmented Special Economic Zone and e-commerce policies for the gem and jewellery industry to boost its performance and is confident of positive results.
Luxury
Industry
