Representative Image In the largest ever warehousing space picked up by an Indian footwear company, Metro Brands Ltd has leased a built-to-suit 3.25 lakh sq ft warehousing space in Bhiwandi near Mumbai as the company is looking to expand its operations. The company, counted as one of India’s largest footwear and accessory speciality retailers, has…
Representative Image India’s diamond exports to the US have fallen amid a slump in demand following the Federal Reserve’s decision not to cut interest rates, which traders said dampened consumer sentiment. Purchasing power of US consumers remains muted as interest cost stays high, they said, although the holiday season saw a short-lived uptick in sales….
Virat Kohli (file photo) German sports brand Puma on Wednesday affirmed its association with India’s star batter Virat Kohli. Rejecting the reports that Kohli is considering ending its 8-year-old deal as its brand ambassador, Puma India Managing Director Karthik Balagopalan said the association still continues. “Puma’s relationship with Virat Kohli is long-standing and continues,” Balagopalan…
VF Corp missed expectations for its third-quarter results on Tuesday, and said its CFO Matt Puckett will step down later this year, sending the Vans sneaker maker’s shares down about 7% in extended trading. The company, which withdrew its annual forecasts in October and announced a cost reduction plan, said it had begun an in-depth…
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WASHINGTON: A federal appeals court on Tuesday unanimously ruled that former President Donald Trump does not have immunity from criminal charges related to his efforts to overturn his 2020 election loss.In a 57-page ruling, the three-judge bench said it “cannot accept that the office of the Presidency places its former occupants above the law for…
Jacob John(L) and Dinesh Tulsidas(R) New Delhi: Aditya Birla Fashion and Retail Limited (ABFRL) owned menswear brands Louis Philippe and Peter England have partnered with Jetha Tulsidas to open their first stores in Mauritius, according to a press release. In Mauritius, Louis Philippe has opened a 1,668 square feet outlet in Tribeca and Peter England…
NEW DELHI: After India managed to level the current series against England in Visakhapatnam, former pace spearhead Zaheer Khan expressed doubts about the host country’s batting.With the exception of Shubman Gill and Yashasvi Jaiswal, India’s batters had difficulty on a surface that ended up helping them.Jaiswal was the only player to score a remarkable 209…
Sivaramakrishnan Ganapathi, Managing Director, Gokaldas Exports “European brands bought about 16% less than the previous year. So, it has been a bit slow. And compared to that we are now seeing traction coming back, so that is good news,” says Sivaramakrishnan Ganapathi, Gokaldas Exports. Let us just start by talking about the numbers. Yes, obviously,…
Representative image Chennai: Listed garment maker S.P. Apparels Ltd on Monday said it will acquire 51.33 per cent stake in the Rs 325.91 crore revenue Young Brand Apparels Private Ltd for Rs 95 crore. In a regulatory filing, S.P.Apparels said it has entered into an MoU to acquire Young Brand Apparels, a subsidiary of Bannari…
