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Nike slashes revenue projection to save $2 bn over next 3 years

Nike recently announced its plan to save $2 billion over the next three years through strategic measures. These include limiting the supply of specific items,...

US retail sales rise by 3.1% YoY this holiday season

According to recent data from Mastercard SpendingPulse, US retail sales during the Christmas season of 2023—from November 1 to December 24—saw a 3.1 percent...

Craftsman Footwear targets $100m exports in next 5 years

Craftsman Footwear and Accessories Ltd, an export-oriented shoe manufacturer, has set a target to export shoes worth $100 million by the next five years. To...

Global fashion industry to see a challenging time also in 2024

The global fashion industry will face uncertainty also in 2024 because of lower economic growth, persistent inflation and weak consumer confidence, according to a...

Revolve opens limited-time pop-up shop in Aspen

Revolve Group opened a limited-time pop-up shop in Aspen, Colorado recently. Spanning two floors, the curated space features Revolve on the first floor and its sister-brand...

Solar EPC to install 100 MW rooftop solar plant in 2024

Solar EPC Development Ltd. (SEPC) is a leading and fastest-growing solar power project developer and consultancy firm, targets to install a 100 MW Rooftop...