
Growing imports at the US’ major retail container ports have set an all-time monthly record this summer, and 2017 is expected to reach a new yearly record.
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Growing imports at the US’ major retail container ports have set an all-time monthly record this summer, and 2017 is expected to reach a new yearly record.
On September 2, NYX opened their first Indian retail space at the Inorbit Mall in Malad, Mumbai, housing trained makeup artists and their cruelty-free makeup line.
Bollywood actor Amitabh Bachchan has been signed by Lux Industries Ltd as the brand ambassador for its brands Venus and Cott's wool.
De Beers Group has identified India along with other top diamond markets like China and USA for its future growth and will be investing $140 million on the marketing of the company’s brands in these countries.
Procter & Gamble (P&G), one of India’s leading FMCG companies, reported a 28.64 per cent decline in net profit at Rs 78.04 crore for the fourth quarter ended June 30, 2017.
Signet reported an increase in total sales and same store sales, with e-commerce sales increasing 18.1%. The jewelry company acquired R2Net for $328 million to enhance its digital shopping experience.
J.Crew Group, Inc. reported another net loss on Wednesday for the second quarter ended July 29, despite strong Madewell sales. As a result, Vincent Zanna was promoted as CFO.
The footwear retailer reported decreases in comparable sales and net income in the second quarter. Chairman and CEO Richard Johnson expects comparable sales of 3% to 4% for the remainder of the year.
Chinese textile firms are increasingly using North Korean factories to take advantage of cheaper labour across the border, traders and businesses in the border city of Dandong told Reuters.
Textile firm Welspun India revenue took a hit in the first quarter of the financial year as its total income dropped by 3.65 percent to Rs 1,552.64 crore from Rs 1,611.49 crore in the year ago period.