NEW DELHI: India’s head coach Rahul Dravid has set the tone for the upcoming month-long tour of South Africa, urging each player to make a match-winning contribution in the series. Team India is scheduled to face South Africa in a challenging tour comprising a three-match T20I series, a three-match ODI series, and a two-match Test…
Homegrown women’s wear brand Uptownie which started its operations in 2015 with seed money of Rs 80 lakh, is eyeing double its revenue to Rs 60 crore by the end of this fiscal, Shivani Agarwal, co-founder and CMO, Uptownie told ETRetail in an interaction. The bootstrapped brand, which is planning to register 18 per cent…
Spinning mills from Tamil Nadu, Andhra Pradesh and Telangana that account around 55% of the spinning capacity in the country have appealed to the central and state government for relief measures to overcome the financial impact of global recession and sluggish demand in the domestic markets. “The 11% import duty levied on cotton and the…
MOSCOW: A Russian distributor of Western sports brands will start selling Adidas and Reebok products as soon as this week, despite the companies’ departure from the market over the war in Ukraine, the Kommersant daily reported on Wednesday. Adidas and Reebok were among hundreds of Western companies that decided to suspend business operations in Russia…
New Delhi: Fashion-tech startup brand, Newme has opened its first offline store at Infiniti Mall, Mumbai, the company said in a press release on Wednesday. “As we continue to grow, we are excited about the journey ahead, expanding our retail presence to over 12 stores across India in the next year and connecting with even…
New Delhi: Retail major Aditya Birla Fashion and Retail Limited (ABFRL) has partnered with French fashion designer Christian Louboutin, the company announced in a press release on Wednesday. Under the joint venture, Christian Louboutin India’s business will now be a new subsidiary of ABFRL where the partners will hold equal stakes. “This partnership reflects our…
Madrid: Spanish fashion retailer Zara is expanding its service to sell, repair or donate second-hand clothes in several European countries from Dec. 12, the company said on Tuesday, as the market for used apparel grows. The service called ‘Pre-Owned’ is already available in the United Kingdom and France through Zara’s stores, its website and a…
BSE Sensex & Nifty50 rally enters 3rd straight day: The Indian equity indices on Wednesday hit fresh record highs, with the stock market rally continuing for the third consecutive day. The Indian equity markets have been experiencing a sustained rally, thanks to improved interest rate prospects in the US, decreased crude oil prices, strong domestic…
Surging gold prices are prompting some Indians to exchange gold jewellery for new pieces as demand rises during the wedding season in the biggest consumer of the precious metal after China. More Indians are looking to reuse their gold, and the higher prices mean imports will remain pressured in the coming months, said Surendra Mehta,…
New Delhi: India is the fastest growing market for sportswear brand Skechers, said John Vandemore, CFO, Skechers USA highlighting that he expects India to emerge as one of the top markets for the brand globally. The comments come on the backdrop of Skechers opening its national distribution centre in Palava City, Maharashtra. The company’s CFO,…
