Indian craftsmanship, Nike realigns, Tiffany’s losses, H&M & Zara top valuation, Inflation rises

Manish Arora A/W 09, courtesy of Coutorture

Manish Arora A/W 09, courtesy of Coutorture

Indian designers make their mark with craft (IHT)
During Wills Lifestyle India Fashion Week, designers are making a mark through artisanship.

Nike realigns global footprint (Just Style)
Sporting goods giant Nike last week unveiled plans to reorganise its namesake brand into six regions with reduced management in a bid to make its operations more efficient and trim costs.

Tiffany’s Reports Sales Declines (Seeking Alpha)
“Tiffany’s has exceeded earnings expectations five of the last six quarters, which seems to suggest that analysts underestimate Tiffany’s ability to sell in a tough consumer spending market. However, the declines in sales are serious and a real cause for concern.”

H&M and Zara top Retail Best Brands list (H&M)
According to an Interbrand report, H&M & Zara are in the top 5 of most valued retail brands.

Inflation surprises and jumps to 3.2% (FT)
“Inflation as measured by the consumer price index rose to 3.2 per cent in the year to last month, up from 3 per cent in January.”