The company had posted a net profit of Rs 115.56 crore during the January-March period a year ago, Page Industries Ltd (PIL) said in a regulatory filing
Double-digit growth and improving profitability to drive earnings in FY23
Leading textile and apparels firm Raymond on Wednesday said it has appointed Sunil Kataria as the CEO of its lifestyle business. The Mumbai-based company said it has strengthened its leadership team by on-boarding the seasoned professional reckoned for leading large-scale business transformations and creating strong consumer brands in India and Southeast Asia. In his new role, Kataria will be responsible for steering the next phase of growth by driving the digital agenda and strengthening the brand's presence in domestic and international markets. "At Raymond, we believe in having industry's finest talent that resonates with our vision to create a future ready organisation. During the last few years, we have been making stronger strides and creating brands and retail experiences for our loyal and new-age consumers," Raymond Chairman & Managing Director Gautam Hari Singhania said in a regulatory filing. The Lifestyle Business is the flagship vertical of Raymond Group which ...
The company had posted a net profit of Rs 153.70 crore during the October-December period a year ago, Page Industries Ltd (PIL) said in a BSE filing
The retailer on Tuesday announced to open 12 new stores in six states
Apparel manufacturer Page Industries Ltd on Thursday reported 44.76 per cent rise in net profit at Rs 160.48 crore for the second quarter ended September 30, 2021.
The government and industry needs to act as a combined force to build Brand India in the textiles and apparel sector, according to a report
Aggressive expansion, online sales, and margin gains are positive for ABFRL and Trent
Six high-conviction brands on which it now wants to build profitability include US Polo Association, Tommy Hilfiger, Calvin Klein, Arrow, Flying Machine and Sephora
Higher inventory may lead to discounting, dent profitability
(Reuters) -Levi Strauss & Co on Thursday forecast a strong full-year profit after handily beating quarterly earnings estimates as demand for its jeans, tops, and jackets rebound quicker than expected across its markets.
According to him, there is a pent-up demand for textiles and apparel, which was tepid a year ago owing to Covid-induced lockdowns
Bangladesh's garment-export economy is something of a modern miracle.
India could become a big market for Bangladeshi suppliers if the central government pursues this as a priority but India also has a robust apparel sector of its own, which it cannot neglect
Swedish apparel retailer H&M on Tuesday announced the appointment of Yanira Ramirez as the new country sales manager for India. Previously global Sales Manager for & Other Stories, Ramirez joins the India team at a time when H&M India has 50 stores across 25 cities, a newly launched digital loyalty programme and a strong online presence on hm.com and Myntra, the company said in a statement. She will be based out of H&M India's head office in New Delhi, it added. A qualified lawyer, Ramirez had joined the H&M Group 18 years ago. Originally from Mexico, she started her journey with H&M in the UK as a sales adviser in the store and then moved on to become an Area Manager, post which she became Country HR for H&M UK & IE and then joined the Global Sales and Operations HR team in Sweden, the company said.
Up to Rs 5,000 crore likely as big brands look to scale up manufacturing in the country
Founded by Sabyasachi Mukherjee, the "Sabyasachi" brand is India's largest and most influential luxury designer brand with strong Indian roots and global appeal
It pegged the daily loss to the businesses at about Rs 3,000 crore, which would mount if the situation is not addressed
In the financial year that ended in June, Bangladesh's garment exports totaled $27.94 billion (21.6 billion pounds), down 18% from the previous year
Page has denied wrongdoing and called allegations of verbal abuse and workplace intimidation against employees 'outrageous'