US consumers are shopping for summer wear, with relaxed COVID-19 restrictions and vaccinations. Analysts believe the pent-up demand for apparel and accessories will benefit Poshmark in the second quarter of 2021.
Browsing: retail
The share price of Raymond surged over 5% on May 7, 2021; a day after the company’s fourth quarter results for FY21 was released. It announced net profits worth Rs 560 million and net sales of Rs 13.66 billion for Q4FY21.
Indian textile and apparel giant Raymond recently announced the approval from its committee of directors to raise Rs 40 crore through private placement of non-convertible debentures.
Swedish fashion retailer, Hennes & Mauritz (H&M), has chosen Eastman Naia Renew cellulosic fibres in its conscious exclusive autumn/winter 2020 collection. H&M’s sustainable womenswear collection will feature eco-luxe garments made from Naia Renew, a cellulosic yarn made from 60 per cent certified wood fibres and 40 per cent recycled waste plastics such as carpet fibres and plastic packaging.
The ongoing coronavirus pandemic has impacted every sector of our economy and the most prominent being retail. The work from home and social distancing measures has made every requirement of ours just a click away.
On account of current recovery in retail and e-commerce sales, Shahlon Silk is expecting more and more orders from its domestic and international manufacturers who manufacture for leading domestic and global brands.
Renu Aggarwal, Principal Consultant with Wazir Advisors, has been leading various consulting assignments related to business strategy formulation, expansion strategies, positioning, business planning, concept development, due diligence, feasibility studies, etc. i