Relaxo Footwears expects softening raw materials prices to boost profits after Q1 increase
Relaxo Footwears expects to see the prices of the raw materials it uses in its footwear soften over the coming financial quarters which it expects to push up its profit margins.
Author: icrossley@fashionnetwork.com ( Isabelle Crossley)
Sloggi enters innerwear market in India
Swiss innerwear brand from Triumph International has entered the Indian innerwear market with the launch of new product lines with a campaign ‘move comfortably through our world’.
Author: mmartins@fashionnetwork.com ( Maverick Martins)
Shoppers Stop Q1 net profit down 36 percent to Rs 14 crore
Fashion retail chain Shoppers Stop Ltd witnessed a 36 percent decline in net profit to Rs 14 crore ($1.7 million) for the first quarter ended June 30, as against Rs 23 crore in the year-ago period.
Author: mmartins@fashionnetwork.com ( Maverick Martins)