Arvind Ltd reported a consolidated net profit of Rs 24 crore ($3.4 million) for the first quarter ended June 2019 as against Rs 62 crore it had reported in the corresponding quarter of the last fiscal year.
The retail giant has unveiled ‘Personal Shopper by Prime Wardrobe', a styling service for Amazon Prime members that will see them offered a personalized selection of fashion pieces from across its womenswear selection.
Six months after taking control of the Italian fashion house, the QuattroR fund has put a new management team in place with ex-PVH Maela Mandelli appointed as CEO and Giuseppe Pinto as director of operations.
Cheryl Abel-Hodges has been promoted to chief executive officer of Calvin Klein to replace Steve Shiffman, who is leaving the company to pursue other interests. She will assume her new role this month.