Levi Strauss & Co president Michelle Gass said India is now the largest market for them within Asia and sixth largest globally. The San Francisco-based jeans maker, which opened its first door in the country three decades ago, said the country is the fastest-growing major economy in the world in 2023, and it expects significant…
MUMBAI: The RBI is concerned about the strong growth in some personal loans and is watching out for any stress in that segment, asking banks, NBFCs and fintechs to strengthen their surveillance mechanisms.“Certain components of personal loans are recording very high growth… These are being closely monitored by RBI for any signs of incipient stress,”…
Kalyan Jewellers on Friday said it plans to open 33 new showrooms in India before Diwali. The company, in a regulatory filing, said it will unveil showrooms in Kalyan and Candere formats across the country. Kalyan Jewellers had launched 13 showrooms across non-south markets during July-September quarter of the current fiscal. In addition, the company…
Representative image US based Anne Klein and Canada based Herschel Supply has partnered with Apparel group for India entry. Apparel group sells brands such as Aldo, Canadian lingerie and sleepwear brand, la Vie en Rose, Charles & Keith and Bath & Body Works in India. The products will be available on e-commerce platform Myntra. Additionally,…
New Delhi: The footwear industry is likely to register a moderate growth of 7-8 per cent in the current fiscal against 28 per cent in FY23, a report by Icra said on Thursday. The industry witnessed a muted revenue growth in the first half of FY24, mainly on account of factors like sluggish volume growth…
LONDON: Jewellery retailer Pandora raised its growth targets on Thursday, saying investments in the brand and store network were paying off, although it sounded a note of caution on China. Pandora’s shares jumped 5.9% in early trading after the company gave its updated outlook, ahead of a capital markets day in London on Thursday, and…
New Delhi: Top executives from the fashion and apparel industry on Thursday highlighted the importance of a strong and transparent supply chain for fashion businesses and the increasing role of technology and data in brand building. The industry experts were speaking at ETRetail’s inaugural edition of the Fashion and Apparel Innovation Summit held on October…
North Sikkim’s South Lhonak glacial lake, the epicentre of the massive flash flood that ravaged the region on Wednesday, had been literally bursting at the seams after more than tripling in size from 0.42 sq km to 1.35 sq km in less than three decades. As Lhonak grew between 1990 and 2019 into a giant…
NEW DELHI: Google on Thursday launched its official doodle for the opening day of ICC Men’s World Cup 2023 in India.Open Google on your smartphones, laptops, tablets, etc., and the first thing that pops up will be the Google doodle where two ducks are seen running across the stumps and playing cricket. It is the…
Lab-grown diamonds are set to acquire a new sparkle this festive season, amid growing acceptance among customers, according to industry executives. With the introduction of buyback schemes by manufacturers and expansion of the store network, up to 60% year-on-year growth is expected during this period, they said. Even high-net-worth individuals (HNIs) have taken a shine…
