It’s been a grim week for Boohoo founder Mahmud Kamani. Chinese fast fashion business Shein has overtaken Boohoo in sales of its cheap clothes reporting revenue of £1.55 billion over the past year.
Umar Kamani, who quit as chief executive in April 2023, said the Boohoo-owned fast fashion retailer has ‘at times lost touch with what made it so special’. ‘This has driven me to step back ...
Ahmedabad-based Adani Wilmar recently took a decision to extend its franchise into the branded pulses category, while Mumbai headquartered Ruchi Soya Industries will stretch its Nutrela brand into ...