Southeast Asian online retailer, Lazada has raised €200 million in a new funding round led by Singapore investment company Temasek . In a statement, Lazada said Temasek joined existing investors including Verlinvest, Kinnevik and ...
Tags: Online Retailer, Apparel
African online retailer of fashion products, consumer electronics, home appliances to beauty products, Jumia said it has received a new round of investment amounting to €120 million. “These investments, which were made by ...
Tags: beauty products, home appliances, Apparel
Thanksgiving Day and Black Friday saw record online retail sales supported by strong mobile growth, according to IBM Digital Analytics Benchmark Reports. Report highlights include: Historic Mobile Milestone Spucrs Online Shopping: ...
Since the Rana Plaza building collapse and Tarzeen factory fire, noteworthy progress has been made in overhauling the Bangladesh garment sector, US assistant secretary of state for South and Central Asian Affairs, Nisha Desai Biswal said ...
Tags: building collapse, factory fire, Apparel
Ten Ivorian small and medium-sized enterprises (SMEs) have entered the ecommerce marketplace by setting up the trade portal titled “IvoryMall”, with the support of the International Trade Centre (ITC). The initiative is part ...
EBITDA at the largest down apparel company in China, Bosideng International rose 11.9 percent from a year ago period, but operating profit slipped 10.7 per cent in the six months to September 30, 2014 period. Bosideng said, as a result of ...
Driven by its core business, European fashion retailer, Bestseller reported a 21 per cent year on year surge in pretax profits for the fiscal year 2013-14. Pretax profits rose 21 per cent from the previous fiscal year to €228.2 ...
Tags: Pretax Profit, Apparel
The Indian Parliament (including the Lok Sabha and the Rajya Sabha) passed the Labour Laws (Exemption from Furnishing Returns and Maintaining Registers by Certain Establishments) Amendment Bill, 2014, last week. The Bill, as amended, ...
Tags: Labour Laws, Apparel
The works of Indian fashion designer Rajesh Pratap Singh will be put up on display at an upcoming exhibit celebrating the legacy of Indian textiles at London’s Victoria and Albert Museum. Part of the museum’s India Season ...
Tags: handmade textiles, Apparel
In the medical sector, compression textiles are mainly used to prevent various illnesses, or to treat them, or to improve quality of life. However, compression textiles are increasingly also being used in the non-medical sector and are ...
U.S. jewelry and watch sales combined fell 0.6 percent year on year to $5.461 billion in October, according to preliminary estimates by Rapaport News. While the data is subject to several revisions, it currently marks the first monthly drop ...
Women’s apparel company and NYSE listed, ANN INC., which manages Ann Taylor and Loft brands, has appointed Katie J. Bayne to its Board of Directors. Ms. Bayne will serve as a Class I Director with a term expiring at the 2016 Annual ...
Tags: specialty retailers, Apparel
Steinhoff International said it has acquired a major stake in apparel retailer, Pepkor for R62.8 billion, which gives the budget furniture firm entry in to Africa's fast-growing garment markets. The South African furniture maker purchased ...
Tags: garment markets, furniture maker, Apparel
Sales grew by just 1.5 per cent in the thirteen weeks to November 1, 2004 period from a year ago quarter, at NYSE listed and omni-channel retailer of women's clothing, Chico's FAS. For the third quarter of 2014, Chico’s reported net ...
Tags: omni-channel retailer, net sales, Apparel
Children’s multi-brand fashion e-tailer Melijoe.com said it has raised €9 million in fresh capital funding, led by Gimv, one of Europe’s largest investment companies. One of its early investors and a historical ...