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Showing posts with the label Latest Fashion Trend | India | World

High prices, COVID-19 take sheen of Dhanteras; gold, silver sales down up to 35%

Due to the fear of coronavirus infection, many customers who had booked in advance were taking delivery of wedding orders on Friday, while some were seen buying safely through online brands like Tanishq and Melorra. from apparel-fashion/jewellery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/3f1S8dE

Pre-Diwali Dhanteras sales of gold and silver see some shine on 1st half of Friday

Speaking to , All India Gem and Jewellery Domestic Council chairman Anantha Padmanaban said, "we are witnessing steady footfalls since morning. However, the momentum is expected to pick-up towards the evening as Friday is a working day." WGC Managing Director, India, Somasundaram PR said there have been "mixed responses" since Thursday evening but the sentiment is much better today. from apparel-fashion/jewellery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/32L72A1

Arvind Fashions Q2 results: Net loss widens to Rs 218 cr; revenue drops 56%

The casual wear and denim player reported a 56% drop in revenue in the second quarter at Rs 463.81 crore. A year ago, it had sales of Rs 1055.87 crore with net loss of Rs 45.57 crore. from apparel-fashion/apparel - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/3nkvVKF

V-Mart Retail posts Q2 net loss of Rs 19 cr

Total income dropped 39.58 per cent to Rs 190.52 crore during the period under review, as against Rs 315.33 crore in the corresponding period of the previous fiscal. from apparel-fashion/apparel - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/35kLZpC

US President-elect Joe Biden urged to bring jewellery exports from India under GSP

Under President Donald Trump, the US had withdrawn its preferential treatment to Indian exports under the GSP granted to India and some other developing countries in 1976 that allowed some Indian exports to get duty-free access into the US, allowing Indian exporters to export more and develop faster. The withdrawal of GSP became effective from June 5, 2019. from apparel-fashion/jewellery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/35gMAbI

Tanishq pulls down yet another ad following social media uproar

​​The commercial, released as part of the brand’s Ekatvam collection for the festive season, features actors Neena Gupta, Sayani Gupta, Alaya F and Nimrat Kaur with one of them speaking about their Diwali plans advocating a ban on firecrackers. ​​​The call not to burst crackers sparked a row on Twitter with a section of users accusing the brand of trying to "teach" Hindus how to celebrate Diwali. from apparel-fashion/jewellery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2GO9xd2

Jewellers bet on 'Dhanteras'; expect to clock 70% of last year's biz

Jewellers are expecting a revival in retail sales this festive season as the yellow metal has always been an integral part to festivals in India, particularly so during Dhanteras, Diwali, and the ensuing wedding season. from apparel-fashion/jewellery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2GIbg3C

Retail garment markets feel warmth of winter

Sudden weather change has brought cheers among garment traders of the city as after a gap of almost seven months, retail customers have started coming for purchases. from apparel-fashion/apparel - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/3l64tQ0

Aditya Birla Fashion and Retail Q2 results: Net loss widens to Rs 188.25 cr

Its total income declined 49.60 per cent to Rs 1,171.32 crore during the quarter under review from Rs 2,324.35 crore in the corresponding quarter of last fiscal. from apparel-fashion/apparel - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/3eDcny6

Diamantaires seek removal of 2% tax on e-comm sales

Diamantaires stated that though the world’s largest diamond trading hub Antwerp is under lockdown due to increase in the Covid-19 cases till December 13, they have been ordering the roughs online through the e-commerce portal and facing an additional tax burden of 2% EL. from apparel-fashion/jewellery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/3p5rlBQ

V-Mart appoints Future Group's Vineet Jain as COO

Jain, CEO of north India for Future Group, has joined the Gurgaon-headquartered V-Mart earlier this month and will report to V-Mart’s founder Lalit Agarwal. from apparel-fashion/apparel - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/367lmU5

Flipkart Group invests in USPL to enhance its fashion portfolio

USPL brands are also present in 750+ offline retail outlets in 100+ cities across India - demonstrating strong presence in both online and offline channels. USPL has been growing at 40-50% YoY. from apparel-fashion/apparel - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2TVvUQG

Nike consolidates operations due to Covid-19

The move comes against the backdrop of the US-headquartered company shuttering 35% of its stores in India in 2016, following it up by reducing the number of its stores to around 150 or lower in 2019. from apparel-fashion/sportswear - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/38kFbtM

'Govt to soon launch Focused Product Scheme with emphasis on man-made fibre, technical textiles'

Capoor also urged the domestic players to focus on the top 10 technical textile lines globally constituting about USD 82 billion, in which India's share is a miniscule 0.6 per cent. from apparel-fashion/apparel - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/34W4652

Diamond hub Surat likely to buzz with activity after Diwali as migrant workers set to return

“Demand has revived and the trade is getting good orders from the US, China, Gulf countries and some parts of Europe. There is good demand in India too,” said Colin Shah, chairman, Gem & Jewellery Export Promotion Council (GJEPC). “The worst is behind us hopefully. The workers are also returning to join their work as well.” from apparel-fashion/jewellery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/3esYTER

Myntra charging 'platform handling fee' from low value buyers

So for the last couple of months, many buyers are charged an additional Rs 49-149 for their purchases depending on the values of their orders and the levy is waived if the order size is above a certain purchase value. from apparel-fashion/apparel - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2TPNzcz

Levi’s to double down on non-denim categories without losing share of contribution of denims as WFH continues to prevail

Sanjeev Mohanty, managing director - South Asia, Middle East & North Africa, Levi Strauss & Co talks to ET’s Smita Balram on their business revival strategies and premiumisation journey post lockdown. from apparel-fashion/apparel - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2TP70SO

UK court ruling boosts bid to get Nirav Modi extradited

The judge said that GOI’s witness statements that were verbatim would be considered alongside the totality of evidence “as this was a fraud case and witnesses give similar evidence”. from apparel-fashion/jewellery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2JANyr5

‘WFH pushed demand for leisurewear’

Many people have taken to fitness more than ever before, realising the importance of building immunity. So, there is a higher demand for fitness and training merchandise. from apparel-fashion/apparel - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/3jSvQM6

Nirav Modi extradition case to enter final stages in UK court

The extradition case of fugitive diamond merchant Nirav Modi, wanted in India on charges of fraud and money laundering, is expected to enter its final stages at Westminster Magistrates' Court in London on Tuesday. from apparel-fashion/jewellery - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2TQcFIh