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,…
NEW DELHI: As former opening batter Shikhar Dhawan turned 38 on Tuesday, the Indian cricket fraternity and fans flooded social media with warm wishes for the cricket stalwart. The Board of Control for Cricket in India (BCCI) joined the chorus of well-wishers by taking to Twitter to extend their greetings to the accomplished player.In a…
BENGALURU: Showing that India can not only send objects to the Moon but also bring them back, ISRO has successfully returned the Chandrayaan-3 Propulsion Module (PM), initially intended for lunar operations, to Earth‘s orbit after surpassing its lunar mission objectives.This marks another achievement, following the lunar hop by Vikram (lander), showcasing the capability of reigniting…
Representative image New Delhi: Cultfit’s D2C arm Cultsport, which sells sportswear, indoor fitness equipment, cycles, and more is betting on offline as a key channel as it plans to open an exclusive brand outlet every month, shared a top official of the company. Talking to ETRetail, Shamik Sharma, business head, Cultsport said, “We have over…
As the counting of votes unfolds in Mizoram, the focus is on the 74-year-old ex-IPS officer Lalduhoma and his party, the Zoram People’s Movement (ZPM). The recent exit polls anticipates a potential victory for the ZPM in Mizoram, projecting them to secure 28-35 seats in the 40-member state assembly. From IPS Officer to Political Leader…
Gold prices soared to a record high above $2,100 on Monday as traders grow increasingly confident the Federal Reserve will cut interest rates in the new year. The precious metal struck $2,135.39 in early Asian trade, topping the previous all-time high set in 2020, during the pandemic. Traders have flocked into bullion in recent weeks…
