The French have their reboot machinery to ensure that the #BoycottFrance will not leave a permanent black mark on 'Brand France' which has reached the pinnacle

Shein has become the largest, purely online, fashion company in the world measured by sales of self-branded products, according to Euromonitor

Biyani sold Future Retail, Future Lifestyle Fashions and Future Supply Chain to Reliance Retail for Rs 24,713 crore to save himself from a Rs 13,000 crore debt burden

On the Bloomberg Billionaires Index, the real-time net worth of Mukesh Ambani climbed to $60.3 billion (Rs 4.58 lakh crore), a rise of $1.16 billion compared to yesterday

H&M, which began a gradual reopening of stores in late April after about 80% had been shuttered by the pandemic, said that local-currency sales in the first 13 days of June were down 30%

Sales in constant currencies fell 34% in the recent June 2 to June 8 period

The two groups, which represent the vast majority of the readymade garment and knitwear manufacturers in the country, said cancellations were increasing daily amid coronavirus-driven lockdowns globally, and these risked jeopardizing millions of jobs in the poor South Asian nation

PM Modi launches Covid-19 Economic Response Task Force in his address to the nation; Amazon shuts NYC warehouse after worker catches coronavirus; India Inc. reacts to PM Modi's speech on coronavirus and other news on NewsBlast.Also Read: Coronavirus in India: FM's task force to work on economic package

Coronavirus impact: Zara owners shut down 4,000 stores worldwidePopular apparel brand Zara's Spanish owners Inditex has shut down 3,785 stores worldwide amid the COVID-19 outbreak. Inditex warned that its operations have faced a 'very significant impact' due to the pandemic. It said it has been forced to shut down in 39 markets, according to a report by Metro. PM Modi launches Covid-19 Economic Response Task ForcePrime Minister Narendra Modi, in his address to the nation on F...

Coronavirus update: IKEA has already shut operations temporarily in Austria, Belgium, Canada, Croatia, Czech Republic, Denmark, Germany, Italy, France, the Netherlands, Poland, Portugal, Slovakia, Spain and Switzerland, and the United States

The decision came even though net sales increased by 8 per cent to 28.3 billion euros, boosted by a 23 per cent rise in online sales

\"The world is no longer flat...as globalization makes way for 'slowbalisation,' the emerging pattern of trend is more regional,\" says the tycoon

The brand is a subsidiary company of the Fast Retailing Group, the world's third largest apparel retailer with global sales of nearly $19.17 billion for the financial year ending August 31, 2018

In the past couple of years, Amazon has made three investments in Indian retail companies through indirect routes

The government also allowed single brand retailers to have online only models as opposed to earlier, when they were not allowed to have a digital store unless they had a physical presence