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Hugo Boss promotes finance head Mark Langer to CEO

German fashion house Hugo Boss has named Mark Langer, its finance chief since 2010, as the company's new chief executive to bring the business back on track after disappointing results recently. Langer, who has been with Hugo Boss for 13...

Hugo Boss to trim store count as profits fall

German fashion retailer, Hugo Boss AG, has reported the biggest decline in quarterly profit in the last six years. The retailer reported lower-than-expected sales and profits for the first quarter but said it was hopeful for an improvement in...

CEO Thinkpad: Consumers want experiences not products

A CEO Thinkpad on leveraging technology and innovation to drive revenue and transform margins yielded some interesting results. Held recently, the Thinkpad kick-started with Chandan Chowdhury's presentation on the same in which he expounded the role of technology and innovation...

Fashion portal Elitify.com to raise Rs 13 crore

Gurgaon-based Elitify.com is looking forward to raise Rs 13 crore and currently, it is in talks with potential investors including Paytm. The company is also looking for a partner who not only has access to capital but also deep...

Online luxury retail growth highlights tier II, III opportunity

Luxury retail is steadily climbing new heights in India, thanks in large part to the internet! Geographic boundaries are no longer a limitation for luxury aspirants. In India, luxury retailing is projected to grow at 25 per cent from...

Global Linen Fabric Industry Analysis

Linen fabric is made from the fibers of the flax plant (Linum usitatissimum). Textiles made up of linen fibbers are natural absorbent and known for their exceptional coolness and freshness in hot weather. some of the major product made...

BinHendi’s Retail Expansion Plans for Hugo Boss in India

As per the recent report of Economic Times; BinHendi Enterprises, a Dubai-based conglomerate that operates fashion brand Hugo Boss's retail network in India, is looking to expand its presence in the country.“We are looking at several new projects in...

Hugo Boss Reports Strong Sales in Womenswear

German fashion house Hugo Boss saw double-digit growth for its womenswear business and strong sales in Europe in the first quarter as it confirmed its outlook for 2014Hugo Boss reported net profit was flat for the first three months...

Helios to open 38 stores by April 2013; seeks franchisees

Multi-brand watch store chain Helios, a part of Titan, plans to add around 38 stores by April 2013 to get to a store count of 65 from the current 27. The retailer is on a look-out for franchisees as...

Delhi Duty Free introduces ‘Shop n Collect’ service

Delhi Duty Free Services (DDFS), India’s largest duty free operator at T3 terminal, IGI Airport, Delhi has announced the launch of its new 'Shop n Collect' service for travelers who can now shop at departures and collect the goods...
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H&M opens 61st India store in Pune

The new H&M store is located at Kopa Mall.New Delhi: Swedish fashion brand Hennes & Mauritz (H&M) has opened...
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