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H&M announces Yanira Ramirez as new Country Sales Manager for India as Janne Einola quits

Hennes & Mauritz has announced Yanira Ramirez as the new country sales manager, four months after its India head Janne Einola quit the company."Yanira Ramirez takes over as H&M India’s new country sales manager and will be based out of H&M India’s...

Digital savvy companies stay relevant to customers in post-pandemic era: GlobalData

Prior to the COVID-19 pandemic, a paradigm shift towards digitization was already underway across the sectors. However, the pandemic has further accelerated the transformation, which is evident by the marked growth in spending towards digitization by businesses. Against this...

H&M launches 50th Indian store in Bhubaneswar

H&M, Hennes & Mauritz AB, the international fashion retailer known for fashion and quality at the best prices in a sustainable way, is elated to announce the launch of its 50th store in India. The newest H&M store was opened in Bhubaneswar. H&M...

H&M may shutter 250 stores next year as second COVID wave, lockdown hits sales

H&M, the world’s second-biggest fashion retailer, said on Tuesday that local-currency sales fell 10 per cent in its fourth quarter, with a pronounced slowdown in the final month as the second wave of coronavirus restrictions curbed spending. The Swedish giant...

H&M to expand physical stores in India

Swedish apparel retailer H&M will continue to expand its physical stores in India although it is closing down 250 stores globally, betting on the long-term potential of the country, according to a senior company official. According to a PTI report:...

H&M launches global loyalty program 'H&M Member' in India

Swedish apparel retailer H&M on Wednesday launched its global loyalty program, H&M Member, in India expecting it to play a significant role in the company's growth considering the transformation in consumer behaviour in the wake of COVID-19 pandemic. According to...

The Next Big Question: To be or not be sustainable

Even as fashion retail businesses have remained shut and balance sheets have been stressed due to unprecedented challenges led by the outbreak of COVID-19, there has been a simultaneous demand for companies to accelerate their progress on sustainable initiatives...

Shopping centres in Mumbai resume operations; witness 15-20 pc footfall

Even as torrential rains lashed the city, the malls in Mumbai witnessed 15-20 percent footfall on Wednesday, on opening after a gap of over four months. The malls were mostly visited by individuals who were middle age and young,...

Zara profit jumps 45.5 pc to Rs 104 cr in FY20, revenue up 9.2 pc to Rs 1,570.54 crore

Spain's luxury fashion brand Zara posted 45.54 percent growth in its profit after tax to Rs 104.05 crore from the Indian market in 2020 fiscal, according to its Indian partner Trent Ltd's annual report. It had posted a profit...

3.5 million customers shop during the 12th edition of Myntra’s EORS

Myntra concluded the 12th edition of its EORS, with 10 million+ items sold, towards the end of the four day event that began on June 19. Shoppers across the country placed about 4 million orders, across multiple categories, of...
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Bhima Jewellers: Shining Bright Since 1925

From Augmented Reality and virtual try-ons, 99-year-old Kerala-based Bhima Jewellers has moulded itself to stay relevant to today’s digital-savvy...
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