Representational image Top global apparel and fast fashion brands appear to have struck a strong chord with young customers, racking up sales growth of anywhere between 40% and 60% in FY23, bucking the trend in a market where the overall demand for discretionary products slowed down. For instance, Swedish fashion retailer H&M and rival Zara…
Mumbai: Noel Tata-led chain Trent, which owns Westside, Zudio and Star Bazaar, has built a business model around selling private labels (owned brands), and its chief executive believes there is no reason just yet to deviate from this pronouncedly singular script for the Tata Group retailing business. “We have growing conviction in our model. The…
JD Sports Fashion lowered its full-year profit forecast on Thursday, citing higher costs and subdued consumer spending in the peak season, sending the British sportswear retailer’s shares down nearly 21%. Retailers in the United Kingdom have experienced tepid growth as the ongoing cost-of-living squeeze prompts shoppers to rein in spending. Apparel retailers across Europe like…
VARANASI: Ahead of the Varanasi district judge’s decision on opening the sealed envelopes containing Archaeological Survey of India‘s report on the Gyanvapi mosque survey, ASI filed a fresh application on Wednesday, urging the court to postpone the disclosure of the report for four weeks.In response to the plea, the court reserved its order on the…
BHOPAL: In a momentous development for India’s conservation efforts at the onset of new year, ‘Aasha,’ the cheetah named by Prime Minister Modi, gave birth to a robust litter of cubs inside Kuno National Park in Madhya Pradesh. This development has sparked renewed hopes for the thriving resurgence of cheetahs within the Indian ecosystem.Aasha has…
NEW DELHI: Ahmedabad GIFT City-based leasing firm ModAir Aviation has inducted its fifth aircraft — a two-seater training plane Tecnam P-Mentor which will be based an an upcoming flying school in Karnataka. Before the end of this fiscal, Modair says it will induct its sixth aircraft that will be leased a non-scheduled Indian airline operators.ModAir…
NEW DELHI: Petrol pumps have been witnessing unusually long queues across India as people rush to fill their tanks, driven by fears of a fuel shortage. This situation arises amidst a protest by truck drivers against the new penal law on hit-and-run accident cases involving motorists. The Bharatiya Nyaya Sanhita, which replaces the Indian Penal…
Until the rise of online retail, you might have been forgiven for thinking that all apparel was shipped in burlap sacks. Those wanting their garment spending to be sustainable these days can take comfort in reusable wooden hangers, paper shopping bags, and recycled fibres. The only glimpse of plastic in many fashion stores is the…
NEW DELHI: Former Australia captain Steve Waugh has voiced concerns over the future of Test cricket, expressing dismay at Cricket South Africa‘s (CSA) decision to send a shadow side to New Zealand for a Test tour while their top players participate in a domestic T20 tournament.CSA has named seven uncapped players, including skipper Neil Brand,…
NEW DELHI: Google is celebrating new year 2024 with a doodle. The Google Doodle 2024 has disco balls, confetti, and colours of celebration. Google also marked the end of 2023 with another animated vibrant doodle to commemorate New Year’s Eve. The New Year’s Eve doodle on the Google Search website also featured confetti and a…
