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India's Arvind Fashions posts higher Q2 profit on demand for premium brands Indian retailer Arvind Fashions reported a 36.6% rise in second-quarter profit on Monday, aided by sustained demand for its premium clothing brands. The company, which retails clothing from international brands such as Arrow, Calvin Klein and Tommy Hilfiger, said its profit after tax rose to 300 million rupees ($3.6 million) for the quarter ended Sept. 30 from 220 million rupees a year ago. Its revenue from operations grew 8.5% to 12.73 billion rupees. KEY CONTEXT Indian retailers...
India's Arvind Fashions posts higher Q2 profit on demand for premium brands
India's Arvind Fashions posts higher Q2 profit on demand for premium brands
Source: Reuters
2024-10-28 05:39:55 pm
India's Arvind Fashions swings to quarterly profit on demand for premium products Indian retailer Arvind Fashions swung to quarterly profit on Thursday, helped by strong demand for its premium products. The company, which sells clothing from brands such as Arrow, Calvin Klein and Tommy Hilfiger, reported a consolidated net profit of 13.2 million rupees ($157,621.35) against a loss of 164.3 million rupees a year ago. Its revenue from operations rose 10.2% to 9.55 billion rupees. For further results highlights, click KEY CONTEXT Indian retailers have been offe...
India's Arvind Fashions swings to quarterly profit on demand for premium products
India's Arvind Fashions swings to quarterly profit on demand for premium products
Source: Reuters
2024-08-01 03:53:01 pm
India's Arvind Fashions' Q4 profit jumps two-fold on demand for premium brands Indian retailer Arvind Fashions reported a more than two-fold rise in fourth-quarter profit on Tuesday, aided by steady demand for premium clothing brands. The company, which retails clothing from brands such as Arrow, Calvin Klein and Tommy Hilfiger, reported a consolidated net profit of 243.2 million rupees ($2.92 million) up from 109.1 million rupees a year ago. Its revenue from operations rose nearly 4% to 10.94 billion rupees.   KEY CONTEXT Indian retailers have been ...
India's Arvind Fashions' Q4 profit jumps two-fold on demand for premium brands
India's Arvind Fashions' Q4 profit jumps two-fold on demand for premium brands
Source: Reuters
2024-05-21 04:22:07 pm
India`s Arvind Fashions posts smaller Q3 sales growth, sending shares down 9% India's Arvind Fashions, which retails clothing from brands such as Arrow, Calvin Klein and Tommy Hilfiger, reported a slowdown in revenue growth in the key holiday quarter and warned that any improvement would only come next quarter. The company's shares tumbled nearly 9% after the results, in their biggest intra-day slide in five weeks. Arvind Fashions' consolidated revenue rose about 5% to 11.25 billion rupees ($135.5 million) in the October-December quarter. That was les...
India`s Arvind Fashions posts smaller Q3 sales growth, sending shares down 9%
India`s Arvind Fashions posts smaller Q3 sales growth, sending shares down 9%
Source: Reuters
2024-02-13 03:55:32 pm
India`s Arvind Fashions Q2 profit rises on healthy sales  Indian retailer and hypermarket operator Trent on Tuesday reported a nearly three-fold surge in the second-quarter profit because of strong demand, sending its shares to a record high. The Tata Group-owned company's consolidated net profit rose to 2.35 billion rupees ($28.23 million) in the quarter ending Sep. 30, despite a 46% rise in total expenses. Shares of Trent rose as much as 8.7% to a record high of 2,427.1 rupees after the results. The September quarter witnessed a...
India`s Arvind Fashions Q2 profit rises on healthy sales
India`s Arvind Fashions Q2 profit rises on healthy sales
Source: Reuters
2023-11-07 03:57:27 pm
Arvind Fashions share price jumps 8 per cent after sale of beauty subsidiary to Reliance Beauty and Personal Care  Arvind Fashions share price is up 8 per cent after the company sold its subsidiary, Arvind Beauty Brands Retail to Reliance Beauty and Personal Care. Arvind Fashions' share price is up 8 per cent at Rs 351.70 on BSE. Arvind Fashions has entered into a Share Purchase Agreement (SPA) with Reliance Beauty & Personal Care Limited, a wholly- owned subsidiary of Reliance Retail Ventures Limited to sell and transfer the entire equity stake held by the Company in Arvind Beauty Bra...
Arvind Fashions share price jumps 8 per cent after sale of beauty subsidiary to Reliance Beauty and Personal Care
Arvind Fashions share price jumps 8 per cent after sale of beauty subsidiary to Reliance Beauty and Personal Care
Source: Accord Fintech
2023-11-03 03:25:32 pm
India`s Arvind Fashions to sell Sephora retail division to Ambani`s Reliance Arvind Fashions said on Friday it will sell its beauty brands division, which retails products of LVMH-owned beauty chain Sephora, to billionaire Mukesh Ambani's retail unit Reliance Retail for 990.2 million rupees ($11.89 million). The deal, which will boost Reliance's portfolio of international brands, comes months after local media reported that Sephora and Reliance Retail had abandoned talks to form a retail partnership for the Indian market. Reliance launched its own beauty...
India`s Arvind Fashions to sell Sephora retail division to Ambani`s Reliance
India`s Arvind Fashions to sell Sephora retail division to Ambani`s Reliance
Source: Reuters
2023-11-03 02:09:16 pm