Patanjali, a fast moving consumer goods (FMCG) company that previously eschewed discounting and enjoyed rapid growth, has now allowed some retailers such as Big Bazaar and Reliance Fresh to discount its products.
Using its custom-built Real Time Exception Spotting tech tool, the footwear brand will scan crowds at NYFW, processing details like patterns, styles and accessories, to pinpoint 'truly exceptional' style.
India’s Kitex Garments Ltd is planning to raise its production capacity from the current six lakh pieces of garments per day for ‘just-borns’ and babies up to 24 months to 22 lakh pieces per day by 2025
Times are tough at Denmark’s IC Group with the Tiger of Sweden and By Malene Birger owner reporting weak sales. And while consolidated operating profits are rising, gross profit is down and it faces huge challenges.
High-end Swiss leather goods brand Bally made its biggest underlying profit in a decade last year, buoyed by growth in the United States and Japan, Chief Executive Officer Frederic de Narp said in an interview.