The owner of Tommy Hilfiger and Calvin Klein has revealed that it is closing its heritage brands retail business as part of efforts to streamline its operations in North America in the wake of the Covid-19 pandemic.
Women’s traditional wear boutique Anantam launched a pop-up exhibition, “Benaras Edit 2019” in New Delhi’s South Extension from November 30 to December 10 and plans to open a new boutique in DLF Promenade.
Aditya Birla Fashion Retail Limited reported a net loss of Rs 2 crore ($2,78,699) for the second quarter ended September 2019, as against a net profit of Rs 43 crore it had reported in the year-ago period.
Marcella Wartenbergh is to become the new chief executive of Pepe Jeans Group, taking over from group founder and shareholder Carlos Ortega. She joins from PVH Corp, which owns Tommy Hilfiger and Calvin Klein.
Aditya Birla Fashion and Retail Limited (ABFRL) witnessed a six-fold surge in its profit to Rs 39 crore ($5.5 million) for the first quarter of the fiscal year 2019-20 due to strong performances from its premium brands.