ET Intelligence Group: Bucking the trend in the midst of a slowdown in Indian consumption, TitanNSE 2.50 %maintained a growth guidance of 20 per cent for the current fiscal. India’s largest jeweller said last fiscal was not so good, but things have started to change from the beginning of the current fiscal, said the company management in a call with … Read More →
Myntra, part of Indian’s biggest e-commerce company Flipkart, said it expects to turn profitable by the end of next financial year as the online fashion store looks at slashing discounts and curbing supply-chain costs. Shopping online is becoming more popular in India due to the rising use of cheaper smartphones and India’s e-commerce sector is … Read More →
Kate Spade and Company, a US based company with the brands – Kate Spade New York and Jack Spade, announced net sales in the range of $1,385 million to $1,410 million for 2016 in its guidance, according to a press statement released by the company. The company expects adjusted Earnings before Interest, Taxes, Depreciation and … Read More →