REPORT_ During H1 2014, Rocket Internet continued to capitalize on the significant market opportunity especially in emerging markets through its network of companies, which have been performing in line with expectations. The Proven Winners companies had an average weighted GMV period-over-period growth […]

Zodiac Clothing Company has reported a consolidated income from operations of Rs 95.76 crores and a net profit of Rs 1.13 crore for the quarter ended September 2014. For the same quarter the consolidated total income from operations was Rs 102.32 crores and net profit was Rs 5.42 crores. Zodiac Clothing […]

Aditya Birla Nuvo (ABNL) reported 55.79 percent jump in consolidated net profit at Rs 452.05 crores for the quarter ended September 30, 2014. It had reported a net profit of Rs 290.15 crores in the July-September quarter of 2013-14 fiscal, Aditya Birla Nuvo ( ABNL) said in a BSE filing. ABNL's net income […]

Bombay Dyeing and Manufacturing Company was able to narrow its losses to Rs 34.43 crores for the second quarter ended on September 30, 2014, compared to Rs 62.19 crores in the same quarter of last fiscal. Its net income during the quarter under review increased 8.72 percent to Rs 550.54 crores from […]

Future Lifestyle Fashion, the listed entity of Future Group, has acquired a majority 80 percent stake in Giovani fashion brand after sealing the deal in June from its owners Dhir International, a garment manufacturer and exporter. Dhir will continue to act as a minority partner with the remaining 20 […]

Despite several studies indicating high prospects of luxury segment in India and even several luxury labels making a beeline to enter the country, domestic partners of foreign luxury labels in the country saw their net profit margins decline in the fiscal year 2013/2014. Luxe brands count losses Luxury […]

Future Lifestyle Fashions, a part of Kishore Biyani’s Future Group, has acquired majority 60 percent stake in footwear firm Elisir Lifestyle for an undisclosed amount. “The company has acquired 60 percent stake in Elisir Lifestyle, a company engaged in business of manufacture, supply and […]

In its unaudited standalone financial results for the second quarter ending September 30, 2014, leading textile major, Arvind registered a 4.13 percent year-on-year rise in net profits. The company’s standalone net profits grew to Rs 97.14 crores during the quarter under review from Rs 93.28 crores […]

CMAI’s Apparel Index this quarter clearly sets apart the performance of two sets of brands. First, the ‘Big Brands’, those with a turnover of Rs 25 crores and above, and second the ‘Smaller Brands’ those with turnovers between Rs 10-25 crores. While the former scored an […]

NDTV’s e-commerce business Indianroots.in has reported revenues of Rs 2.28 crore for the quarter ended September 3, 2014, as compared to revenues of Rs 0.52 crore in the same quarter last year and Rs 4.43 crore revenues in the previous quarter. The company has posted a loss before tax of Rs 3.16 […]

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