Manyavar parent Vedant Fashions on Saturday reported an 18.11 per cent Year-on-Year (YoY) increase in its consolidated net profit to Rs 150 crore in the quarter ended 31 December 2022 compared to Rs 127 crore in the same quarter last year. The company’s revenue from operation grew by 14.73 per cent YoY to Rs 441.42 […]
Greylongg , an apparel enterprise focusing on French fashion-inspired clothing, recently launched its operations in India. The apparel house is a joint initiative by Nitika and Vasudha after they scoured India for its finest fabrics. In particular, they were moved by the plight of regional artisans and fabric makers. The founding duo also absorbed the […]
Textile Maker Arvind reported an 11.62 per cent drop in consolidated net profit from continuing operations to Rs 87 crore in the third quarter ended 31 December 2022. In the same time last year, the business reported a consolidated net profit from continuing operations of Rs 98.44 crore, according to a regulatory filing. Revenue from […]
Go Fashion (India) on Wednesday reported a 21 per cent Year-on-Year (YoY) rise in its profit at Rs 104.2 crore compared to Rs 86.1 crore in the same quarter last year. Its revenue from operations grew by 24 per cent YoY to Rs 176.7 crore. In the previous year it had posted a revenue of […]
Beauty & Personal Care lead the way during republic day sales with 31 per cent YoY growth; The fashion segment reports a 29 per cent YoY growth The Republic Day Sales […]
Godrej Consumer Products reported higher third-quarter sales growth and profit margins on Thursday, citing strong demand for its home and personal care products as well as a drop in input costs. Godrej Consumer Products reported slow growth in the FMCG sector in the December quarter, owing to poor rural consumption and a post-holiday slowdown. The […]
Connected lifestyle tech brand Noise has announced the appointment of Smeer Chopra as its Chief Financial Officer. In his new role, Chopra will lead the company’s strategic initiatives around financial advisory, optimising costs, establishing and strengthening process efficiency and driving fiscal and financial governance, the company said in a statement. Amit Khatri, Co-founder of Noise, […]
As the wedding season rang in, Indian retail businesses witnessed an increase of 15 per cent in sales this November over the pre-pandemic sales level in the same month of 2019. However, pan-India retail sales increased by only 6 per cent as compared to the last year, according to the latest survey. As per the […]
