PARIS: Early holiday shopping season discounts from high-end fashion retailers like Bergdorf Goodman on New York’s Fifth Avenue raised concern that a lacklustre Christmas could lead to inventory gluts – potentially dragging labels into a discounting spiral that would cheapen their image. The latest U.S. credit card data from Barclays released on Wednesday showed that…
From left: Agilitas Sports founders Abhishek Ganguly, Amit Prabhu and Atul Bajaj Agilitas Sports, the sportswear and athleisure products platform started by former Puma India head Abhishek Ganguly, has raised Rs 100 crore in new funding from venture capital fund Nexus Venture Partners. As part of the investment, Suvir Sujan, MD, Nexus Venture Partners, will…
NEW DELHI: Republican-controlled US House of Representatives voted to initiate a formal impeachment inquiry into President Joe Biden in connection to allegations surrounding Biden’s son, Hunter Biden, and his controversial international dealings. President Biden swiftly dismissed the move as a “baseless” political stunt, emphasizing the lack of evidence provided by Republicans to support claims of…
