NEW DELHI: Reliance is in exploratory talks with British fashion retailer Primark to bring the label to India, a move that will pit it against Tata’s Zudio, Landmark Group-owned Max and Shoppers Stop‘s new value format InTune. The 55-year-old brand, popular for its moderately priced clothing and shoes, has been evaluating the Indian market for…
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NEW DELHI: The Norwegian Nobel Committee, responsible for selecting the Nobel Peace Prize recipient on Wednesday denounced the imprisonment of Russian human rights activist Oleg Orlov as an effort to stifle dissenting voices.“The (President Vladimir) Putin regime has for many years tried to silence the leadership of Memorial and other important civil society organisations in…
SHIMLA: In a setback for Congress government in Himachal Pradesh, Vikramaditya Singh, a state minister and the son of the former chief minister Virbhadra Singh, stepped down from his position on Wednesday.Vikramaditya Singh announced his decision at a press conference following the declaration of the Himachal Pradesh Rajya Sabha election results on Tuesday. Who is…
Malabar Gold & Diamonds is set to open ten new stores with an aim to reach 350 stores by the month of March. Currently, Malabar is the world’s sixth-largest jewellery group and the 19th in Deloitte’s luxury goods global ranking. The new store openings in India include Latur, Satara and Nagpur in Maharashtra; Kolar and…
Mumbai: Titan Co has executed an agreement to acquire the balance 0.4% stake or 1,19,489 shares in subsidiary CaratLane. As of date, CaratLane is a subsidiary of Titan wherein it holds a 99.64% stake. The completion of the aforesaid share purchase would result in CaratLane becoming a wholly-owned subsidiary of the company. Titan will acquire…
NEW DELHI: Aam Aadmi Party, led by Delhi CM Arvind Kejriwal, on Tuesday announced its candidates for four Lok Sabha seats in Delhi and one in Haryana, which it is contesting as part of a seat-sharing deal with Congress under the banner of INDIA.AAP put its faith in three sitting Delhi MLAs to contest from…
New York: Macy’s forecast annual sales largely below market expectations on Tuesday on weak demand for its apparel and shoes, and said it would close 150 stores through 2026 as part of its new turnaround plan. The retailer did not provide details on the location of stores set to close or how many employees will…
Varun Muralidharan New Delhi: D2C menswear brand Snitch has appointed Varun Muralidharan as the lead retail operations and projects head, it said in a press release on Tuesday. Muralidharan has previously served as the retail manager at Bestseller India. Commenting on his appointment, Siddharth Dungerwal, founder, Snitch said, “With his innovative thinking and customer-centric approach,…
Puma on Tuesday said it expects a weak first half of the year in a challenging market, but shares in the German sportswear brand climbed as it kept its dividend and stuck to the annual targets it set in January. Sportswear companies including Adidas, Nike, and Puma, have seen demand weaken as customers battling with…
