Arvind Fashions to expand store network Will Open 20 New Stores
Arvind Fashions Ltd (AFL) is planning to strengthen the exclusive store network for American menswear brand Arrow in the country, by opening around 20 stores...
Category : Retail
AMAZON ANNOUNCES TO HIRE 33,000 PEOPLE
Amazon has opened 33,000 salaried job openings across its business, from cloud computing engineers to managers in its warehouses, the strongest sign yet that the...
AMERICAN EAGLE ANNOUNCES CLOSURE OF 50 STORES Company Reports Losses in Second-Quarter
American Eagle Outfitters Inc. reported smaller-than-expected second-quarter losses and sales that beat expectations, boosted by intimates brand Aerie. On the company’s earnings call with analysts,...
Abercrombie & Fitch’s second-quarter online sales surged 56%.
The apparel retailer reported a surprise profit, as it cut costs amid the e-commerce boom. Abercrombie called out a slower start to the back-to-school season...
RELIANCE RETAIL ACQUIRES FUTURE GROUP AT RS 24,713 CR
Mukesh Ambani-led Reliance Industries said will acquire the retail and wholesale business and the logistics and warehousing business of Future Group in a deal valued...
Myntra Fashions acquires a 100 percent stake in Deepika Padukone’s ‘All About You’
Myntra Fashions has reportedly acquired a 100 percent take in Deepika Padukone’s ‘All About You’ for an unspecified amount, in what is one among a...
M&S Launches Face Coverings with Antimicrobial Properties
M&S announced the launch of M&S Face Coverings. All profits from the sale of these coverings will be donated to its charity partner Goonj who...
PERFECT SOURCING ORGANISES WEBINAR WITH SOURCING EXPERTS
BUSINESS WITH CAUTION & INNOVATION WILL BE THE FUTURE Dark…. This is the image in mind of most of the people irrespective of business segment...
HAS THE RETAIL APOCALYPSE JUST STARTED?
The effect of Covid pandemic is showing real effect. After the trail of bankruptcies and closures, now job losses have begun at some of the...