- Sujata Sachdeva |
Footwear retailer Bata India has reported a 3.77 percent increase in standalone net profit at Rs 39 crores for the third quarter due to higher expenses. The company, which follows January-December financial year, had reported net profit of Rs 37.58 crores in July- September quarter of last year, Bata […]
- Sujata Sachdeva |
Aditya Birla Retail (ABRL), after seven years into the business, could not control its losses, which widened to Rs 596 crores during the year ended March 2014 compared to Rs 510 crores a year ago. While sales more than doubled at Rs 2,510 crores after merging its arm Trinethra Super-retail in the company. […]
- Sujata Sachdeva |
Kewal Kiran Clothing's (Kewal Kiran's) second quarter revenues in FY15 were in line but earnings were below CRISIL Research's estimates. Driven by a 5.2 percent year-on-year growth in apparel volumes, revenues grew 11.4 percent to Rs 1,298 million. Owing to an increase in raw material cost as a percentage […]
- Prachi Singh |
REPORT_ During the third quarter of 2014, the Adidas Group continued to deliver robust top-line results. Group revenues increased 9 percent on a currency-neutral basis, driven by a double-digit sales increase in retail and a high-single-digit revenue growth in wholesale. All regions, except North America, […]
- Sujata Sachdeva |
After putting in efforts to turnaround its hypermarket store Hypercity, Shoppers Stop has reported a second-quarter consolidated net profit of Rs 3.78 crore. In the year-ago September quarter, company’s net loss was Rs 3.18 crore. The retail turnover for the K Raheja-owned company, which operates […]
- Sujata Sachdeva |
British retailer Marks & Spencer (M&S) has registered 35 percent rise in its sales in India during the half year period ended September 2014, on the back of strong performance witnessed by all its segments. M&S operates stores in a joint venture partnership with Reliance Retail. During the six months […]
- Sujata Sachdeva |
Retail chain Trent has reported that its standalone net profit dropped to Rs 11.43 crores in the September quarter, compared with Rs15.6 crores a year ago, against analysts’ expectations. Total revenue for the quarter increased 27.51 percent to Rs 375.05 crores from Rs 290.20 crores in the year-ago […]
- Sujata Sachdeva |
Titan has announced a growth of 28.6 percent in its net profit in the second quarter over last year. The income from operations in the second quarter, July to September 2014, was Rs 3,564.67 crores, a growth of 55.7 percent over last year’s income of Rs 2,290.02 crores during the same period. […]
- Sujata Sachdeva |
Prime Minister Narendra Modi has said that his appeal to the people to buy more hand-woven cotton fabrics products has led to a rise in sale of khadi products, which witnessed almost 125 percent growth. Earlier, while unveiling his ‘Make in India’ campaign, Modi had also asked people to […]
- Angela Gonzalez-Rodriguez |
Beloved British retailer Marks & Spencer´s is said to be the next in joining apparel peers such as Supergroup or Next in issuing an earnings warning based on the effects of extremely warm weather in autumn. According to market sources consulted by Reuters, Marks & Spencer is set to report its […]