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Domestic jewellery industry to witness 12 % growth in FY23: Report

The expected Jewellery industry growth will be driven by robust growth in the first quarter of FY23 along with steady wedding and festive demand Mumbai: The domestic jewellery industry, which recorded healthy sales during the festival period, is expected to...

After Ahmedabad, ICONIC Fashion goes to Surat

The 22,000 sq. ft. store houses more than 20 brands that cater to men, women and children New Delhi: After opening a store in Ahemdabad, premium multi-brand retailer ICONIC Fashion India has recently opened an outlet in the textile hub of Surat in...

Saks CEO Marc Metrick visits Bengaluru office, reinforces Saks’ commitment to India

The CEO expressed his confidence that the India team will continue to make meaningful contributions to the company’s go-forward strategy Bengaluru: Marc Metrick, CEO of Saks, the premier digital platform for luxury fashion, visited the company’s office in Bengaluru this week....

Alia Bhatt’s Ed-a-Mamma enters the teens clothing segment with Edheads

The line will be specially designed for teens between the ages of 11 and 17 years and will be exclusively available on Myntra.com and edamamma.com. New Delhi: Bollywood actress Alia Bhatt announced a line of clothing for teenagers. Named ‘Edheads’,...

Uniqlo scouting for spaces in Mumbai malls; Expected to enter the city next year

The world’s third-largest fashion brand after Zara and H&M is looking to open 4-5 stores in Mumbai in 2023 and 2024 New Delhi: Uniqlo has initiated talks with several malls in Mumbai as part of the Japanese fashion retailer’s plans to...

CaratLane records 109 percent growth in EBIT in Q2

CaratLane’s Q2 FY23 revenue stood at Rs 445 Cr a growth of 54% YoY, with an EBIT of INR 29 Cr. The brand recorded like-to-like retail sales growth of 41% Mumbai: Omni-channel Jewellery chain CaratLane recorded a revenue (NSV) of Rs....

Go Fashion (India) reports Q2 Profit After Tax at Rs 19.3 cr

EBITDA grew by 250 per cent to Rs 102 crore and PAT stood at Rs 44 crore (for the half year ending September 30, 2022). This has been on the back of high volume growth and improved product portfolio Chennai: Go...

ABFRL Q2 net profit jumps five-fold to Rs 29.44 crore; revenue 50 pc higher at Rs 3,074.61 crore

Revenue from Madura Fashion & Lifestyle was up 45.51 per cent and that from Pantaloons was up 64.41 per cent New Delhi: Aditya Birla Fashion and Retail on Friday reported over five-fold jump in consolidated net profit at Rs 29.44 crore...

Inditex to introduce Zara Home in India

New Delhi: Zara is planning to introduce its home products in India, three people familiar with the plans said. The move comes close on the heels of rivals Stockholm-based Hennes & Mauritz (H&M) and London-based Marks & Spencer launching their...

Raymond Q2 net profit jumps over two-fold to Rs 162 cr

New Delhi, Nov 3 (PTI) Diversified group Raymond Ltd on Thursday reported over a two-fold jump in its consolidated net profit to Rs 161.95 crore for the second quarter ended September 30 on improved growth across its business segments. The company...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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