The Indian fashion retailer recorded 2875 crore rupees ($361 million) in revenue for the quarter ended June 30, up 39 percent compared to pre-Covid levels.
The revolutionary designer died of liver cancer in a hospital in Tokyo on August 5, Issey Miyake Group said in a statement. He was 84 years old.
US ports will see less retail cargo entering the country in the second half of the year as economic growth slows amid back-to-back interest-rate increases and persistent inflation.
Activist shareholder Bluebell Capital Partners on Monday claimed a partial victory in its efforts to overhaul management at luxury group Richemont after the company proposed the appointment of a director to look after the interests of ordinary shareholders.
The fund, Collab SOS, will invest in companies working to develop more sustainable materials, ingredients, energy and supply chains the Series A and B level.
The proposal involves asking factories to choose different days off instead of all of them remaining closed only on Friday, State Minister for Power and Energy Nasrul Hamid said in an interview.
The Los Angeles-based e-commerce fashion retailer posted a 27 percent year-over-year increase in net sales — $290 million — in the three months ending on June 30, it reported Wednesday.
Ryan Ross, formerly president of Williams Sonoma, will begin reporting to chief executive Geoffroy van Raemdonk, on Aug. 15. In the newly created role, he will be tasked with strengthening the Neiman Marcus brand and customer experience.