Pakistan’s first fashion billionaire?
The year 2017 is the first time the Pakistani clothing market hit Rs1 trillion in consumer spending (according to an analysis conducted by Profit...
The unsustainable price tag of fast fashion
Those of you born in the 80s will remember your mothers buying material from Bareeze. The stores glittered with delicate, sparkling work on the...
Euromonitor terms Pakistan among world’s 10 fastest growing markets
KARACHI: Expected to grow at a constant value compound annual growth rate of 5.4% (based on fixed rupee-dollar exchange rate), Pakistan is one of the top 10...
Services sector grows by 4.7pc in FY19: SBP
ISLAMABAD:Â The services sector of the country grew by 4.7pc during the financial year 2018-19, representing a slowdown when compared to last year, State Bank...
Systems Limited to help Khaadi expand its retail footprint
Lahore: In one of the leading ties-up in recent memory, Pakistan’s foremost IT company Systems Limited has entered into a partnership with Khaadi, the...
Pakistan’s most successful designer brand is in trouble. But why?
With Élan looking for investors to come in and inject equity, we look back at how Khadijah Shah made and possibly broke her fashion empire
The year of the landa bazar
One trader’s loss is another’s profit
Shopkeepers’ scam adds fizz to profits
Retail prices of Coke and Pepsi remain unnoticed while retailers overcharge consumers day in, day out by as much as 40 percent – making millions over the top, apparently unnoticed
Profit: The year that was
The great land theft
By Farooq Tirmizi
If there is a single place that can be thought of as the foremost cathedral to free-market capitalism, it...
British supermarkets battle to secure stocks as chaotic Brexit looms
With no deal in sight as Britain’s March 29 exit date approaches, supermarkets are stockpiling, working on alternative supplies and testing new routes to cope with an expected logjam at the borders but say they face insurmountable barriers
Clicks instead of bricks
E-grocery, commonly phrased as online grocery is expected to grow 9.5 percent worldwide to become a $9.4 billion industry this year. In another news,...
Value of e-banking transactions registers quarterly growth of 28pc
KARACHI: Digital banking channels processed 186.7 million transactions worth Rs11.7 trillion in Oct-December 2017, according to data released by the State Bank of Pakistan...
‘Exhausted’ Toys ‘R’ Us suppliers weigh options as huge retailer shuts
NEW YORK: When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods...
Cigarette manufacturer Philip Morris International decides to quit selling cigarettes
KARACHI:Â Global tobacco giant Philip Morris International (PMI) announced its new year's resolution to give up cigarette.
In an unusual move, the tobacco company placed full-page...
Tesco plans $6.6bn shareholder return from Asia disposals
LONDON/BANGKOK: Tesco (TSCO.L) plans to return $6.6 billion to shareholders after agreeing to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand...
