Hanoi: One of Vietnam’s largest shoemakers for brands such as Nike, Adidas and Reebok will cut jobs for the third time this year, state media said Wednesday, citing a lack of orders. The Southeast Asian country is among the world’s largest exporters of clothing, footwear and furniture but its economic growth has been slow in…
Representative Image Abercrombie & Fitch raised its annual sales forecast on Wednesday after its second-quarter results comfortably beat estimates on strong demand for latest fashion styles at its Abercrombie label and improved assortment at Hollister. Shares of the Ohio-based company jumped 15% in premarket trading. Abercrombie has been filling its shelves with a fresh collection…
If you have been following Russian politics, the death of Wagner chief Yevgeny Prigozhin in a plane crash may not come as an unexpected event. Many analysts have been speculating about the fate of Prigozhin from the day he led an armed rebellion against Russian forces.It’s no wonder that US President Joe Biden was not…
Sudhanshu Agarwal, Founder and CEO, Citykart New Delhi: Value retail store chain Citykart has reported a double-digit growth in Q1 sales this fiscal from its 93 stores across 7 states including UP, Bihar, Assam, Odisha, Tripura, MP, and Chattisgarh, as stated in a press release on Wednesday. Incorporating non-apparel categories such as footwear, luggage, cosmetics,…
NEW DELHI: Rajinikanth‘s immense fan base is a well-known fact, and his song ‘Kaavaalaa‘ from the movie ‘Jailer’ is currently gaining global popularity. Adding to the excitement, a group of young dancers, known as as ‘Hypers Kids Africa,’ grooved on the ‘Kaavaalaa’ song. In the video, these youngsters sport FC Barcelona jerseys, adding a unique…
Piyush Goyal Commerce and industry minister Piyush Goyal said the treatment of lab-grown diamonds as natural diamonds will help in promoting the growth of the sector and create jobs. “These are not artificial diamonds and they are now treated as equivalent to natural diamonds. They are considered gems. It’s a big thumbs up… it will…
Representative Image India’s government is likely to announce fiscal incentives for the ailing textile and apparel industry by the end of this year, partly to stave of the impact of a fall in overseas orders, a trade body said on Wednesday. The incentives could come under the production linked incentive (PLI) scheme that promises billions…
NEW DELHI: China’s nuclear-powered submarines, nicknamed ‘Sharks’ by the PLA navy, are becoming more stealthy and capable, according to a recent report by the US Naval War College. The report claims that China is on the verge of producing “world-class” nuclear submarines that can rival the Russian Akula-I class SSN in terms of propulsion, quieting,…
Marc Jacobs Beauty, which stopped production in 2021 is set to return to stores after partnering with beauty conglomerate COTY, which had previously collaborated with the fashion house only on its range of Fragrances. These fragrances include the iconic Daisy by Marc Jacobs and Perfect by Marc Jacobs which have topped lists of best fragrances…
Tabby Bhatia, Director, Brune & Bareskin New Delhi: Brune & Bareskin, a bespoke luxury leather brand is expecting to reach Rs 25 crore in revenue by the end of this financial year 2023-24 as it plans to expand its offline presence, said Tabby Bhatia, director of the company in an exclusive interview with ETRetail. The…
