For a country which provides 25% of the world’s cotton, sustainability has been a long traditional approach. However, as the world and India push the eco-friendly theme towards the mainstream, green skills and talent is on the rise. Naresh Tyagi, Chief Sustainability Officer, Aditya Birla Fashion and Retail Ltd, gives a view of the existing…
(Representative Image) Nike reported higher profits due to cost-cutting efforts Thursday, but shares fell sharply on the company’s tepid outlook despite a hoped-for boost from the upcoming Olympic Games. The sports giant, which has been criticized in recent times over a lack of innovation and strategic stumbles, reported a dip in quarterly revenues as executives…
H&M plans to offer more discounted fashions in the second half of this year as it tries to win back customers from the likes of Zara owner Inditex and Shein. H&M has over the past year or so said it was prioritising profitability over sales volumes in order to reach a 10% operating margin goal,…
Gold prices edged lower on Friday but were headed for their third consecutive quarterly rise, while investors looked toward key U.S. inflation data due later in the day that could throw some light on the Federal Reserve‘s stance on interest rate cuts. FUNDAMENTALS * Spot gold was down 0.3% at $2,321.39 per ounce, as of…
