JD Sports anticipates full-year profit at the lower end of its guidance due to a volatile market. The retailer continues to grow, with strong store expansions and steady global performance. Read the latest update on its Q3 trading report.
Business News
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Exciting news for Kerala! Lulu Group is set to launch its fifth mall in the state this December in Kottayam. Spanning 2.5 lakh square feet, the mall will include a flagship Lulu Hypermarket and a lineup of top Indian and international brands.
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There are reports that the State Government and textile sector have inked 62 MoUs in Bhilwara. Officials informed Apparel Resources that prominent local textile companies have stepped forward to announce investment, even though the names of these companies have not yet been made public.
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Retail
Uniqlo India targets US $ 11.83 million sales mark in FY ’25, to accelerate pan-India expansion
Uniqlo India's Chief Operating Officer (CFO) Kenji Inoue as also emphasised their expansion plans regarding brand outlets and local sourcing.
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With a brand-new logo, redeveloped packaging and brand manifesto, Tata CliQ Fashion has over 6000 Indian and International brands on its platform
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US-based apparel giant Gap has registered a 2 per cent rise in its net sales for this year's final quarter. The Q3 sales rose to US $ 3.8 billion compared to previous year's sales.