Tuexdos for grooms, white dresses for bridesmaids, bridal jumpsuits and the dominance of tiaras and fascinators. Those are the key trends for bridal, according to the new John Lewis wedding trends report.
Shoppers Stop has managed to turnaround its fortunes in the fiscal 2017-18 posting profit of Rs 12 crore (approx $ 1.8 million) as compared to the net loss of Rs 20 crore (approx $ 3 million) FY 2016-17.
As the Indian fashion and beauty industry pour over the Union Government’s new budget, many are disappointed by higher tax rates on many cosmetic items that already have some retailers preparing to raise their prices.
Shoppers Stop Limited (SSL) profits were down 14 percent to Rs 16 crore for the third quarter ended December 31 with the company calling the quarter a transformational phase in the group’s retail journey.
Myntra is planning to further scale up its offerings in the personal care segment by adding more international brands to its portfolio and expects this segment to contribute 8% percent to overall revenues of the firm.