Natura's Losses Rise to $181 Million But Margins Grow
In its first-quarter results, the Brazilian beauty company’s losses widened and revenue dropped, but grew margins as it continues a turnaround plan that has seen it shed Aesop and The Body Shop.
India’s Future Retail has asked the country’s top court to stall a Singapore arbitration panel’s decision to freeze a $3.4 billion asset sale after e-commerce giant Amazon had sought to block the deal.
During lockdown Indian e-commerce platforms attracted a bonanza of international investment from the likes of Facebook and a fund backed by LVMH. What can fashion brands do now to tap into this complicated but colossal $43 billion opportunity?
During lockdown Indian e-commerce platforms attracted a bonanza of international investment from the likes of Facebook and a fund backed by LVMH. What can fashion brands do now to tap into this complicated but colossal $43 billion opportunity?
Brand leaders who claim that craft is the lifeblood of luxury should see worker welfare as a moral duty that aligns with their strategic business interests. But protecting the valuable skills of Indian artisans is not the same as valuing the artisans themselves.
Brand leaders who claim that craft is the lifeblood of luxury should see worker welfare as a moral duty that aligns with their strategic business interests. But protecting the valuable skills of Indian artisans is not the same as valuing the artisans themselves.
BoF sits down with the president of the Indian fashion school to hear how the academy weaves a curriculum of local artisanship with international study opportunities to mould its next generation of fashion professionals.
BoF sits down with the president of the Indian fashion school to hear how the academy weaves a curriculum of local artisanship with international study opportunities to mould its next generation of fashion professionals.
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By cancelling orders with Indian suppliers during the country’s chaotic lockdown, global brands are making impoverished workers even more vulnerable in a market where 60 million people depend on the fashion industry for their livelihood.
Hundreds of thousands of migrant labourers, many of whom work in India's now shuttered textile industry, were sprayed with tear gas by police as they attempted to head to their homes in the countryside on foot, following Prime Minister Narendra Modi's 21-day nationwide lockdown.
Hundreds of thousands of migrant labourers, many of whom work in India's now shuttered textile industry, were sprayed with tear gas by police as they attempted to head to their homes in the countryside on foot, following Prime Minister Narendra Modi's 21-day nationwide lockdown.
India's 70 million brick-and-mortar retailers have been waging a battle against online retailers Amazon and Walmart-controlled Flipkart since 2015, accusing them of deep discounts and flouting India's foreign investment rules.
The Confederation of All India Traders has issued concerns over the e-commerce giant's alleged circumvention of foreign investment rules.
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The American retail corporation is siding with the US government in strongly opposing India's e-commerce rules in a failed lobbying attempt.
India's answer to Amazon finds itself in a legal tussle over alleged predatory discounting of GOQii wearable tech pieces.
As Prime Minister Narendra Modi cruised to his second successive landslide victory, Indian equities climbed, sending key gauges to their best weekly gains in more than two months.
Changes in the way e-commerce firms in India can sell products could reduce online sales by $46 billion by 2022, according to a PwC draft analysis.
In its first-quarter results, the Brazilian beauty company’s losses widened and revenue dropped, but grew margins as it continues a turnaround plan that has seen it shed Aesop and The Body Shop.
Nike is undergoing a $2 billion cost-cutting plan that includes slashing 2 percent of its workforce.
During her tenure, Drucker Mann was instrumental in ushering the business into the digital age, said Roger Lynch, Condé Nast’s chief executive.
The miner set out its plans for a potential break-up via a demerger or sale of some of its assets, as it fights off a $43 billion takeover bid from BHP Group.
The company, whose stock soared to a record during the pandemic, has languished as faster inflation and shoppers returning to stores pummelled sales in 2022 and 2023.
Fast-growing DTC sales helped the brand beat Wall Street expectations in the quarter ending March 31.
The troubled British brand’s fiscal fourth quarter will be its worst of the year, according to analyst estimates.
A sale would undo a blockbuster trans-Atlantic merger that took place in stages beginning more than a decade ago.