M&M Share Price Live Updates: M&M's previous day close
13 Jun 2025 | 08:40:45 AM IST Discover the M&M Stock Liveblog, your go-to destination for real-time updates and comprehensive analysis of a top-performing stock. Keep track of M&M's latest details, including: Last traded price 3019.2, Market capitalization: 378480.44, Volume: 2278398, Price-to-earnings ratio 29.25, Earnings per share 103.97. Our liveblog offers a holistic view of M&M by examining both fundamental and technical indicators. Stay ahead of market trends with breakingnews that can impact M&M's performance. Our market analysis and expert opinions provide valuable insights to guide your investment decisions. Join us on the M&M Stock Liveblog and stay informed in this dynamic market landscape. The data points are updated as on 08:40:44 AM IST, 13 Jun 2025 Show more
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Time of India
a day ago
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Myntra launches quick commerce service in Delhi-NCR, Mumbai: How it is different from Blinkit, Zepto and others
Myntra has rolled out its "M-Now" 30-minute delivery service to Delhi-NCR and Mumbai, following a successful pilot in Bengaluru, a report has said. Unlike Blinkit, Zepto and other food-related quick commerce platforms, M-Now will specifically focus on delivering clothes, including from premium brands, in 30-minutes. Notably, Blinkit and Zepto also deliver some basic apparels such as tees and shorts. The M-Now service, first trialed in Bengaluru last December with around 10,000 SKUs, now offers collections from nearly 600 brands. Customers in the expanded zones can now get rapid delivery on items from popular names like Vero Moda, Mango, Calvin Klein, Tommy Hilfiger, Levi's and even luxury beauty and accessory brands such as Dyson, YSL, Prada, Carolina Herrera, and Huda Beauty, as per a report by The Economic Times. Myntra CEO Nandita Sinha had previously indicated the company's plans to bring the service to Mumbai, New Delhi and Pune. She noted a "significant demand from fashion-first and trend-focused premium customers for quick deliveries." Other fashion brands exploring quick-delivery by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Laticínios com até 26% OFF aqui na Shopper! Compre já Undo Myntra's move is part of a larger trend in India's e-commerce landscape, where fashion platforms like Ajio and Nykaa, along with new-age brands such as Newme, Slikk and Blip, are all exploring ultra-fast delivery. This momentum was initially sparked by quick commerce pioneers like Blinkit, Instamart, and Zepto, who expanded beyond groceries to include fashion and apparel from brands like Jockey, Manyavar, Puma, and Adidas. The report also pointed out the challenges, saying that one key hurdle is customer behaviour. As per as Snitch founder Siddharth Dungarwal, while initial interest in fast delivery is high, shoppers often revert to purchasing only basic wardrobe essentials like black t-shirts or shirts through these services. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Fashion Value Chain
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Global Momentum Builds at First Textiles Recycling Expo
The inaugural Textiles Recycling Expo, held on 4–5 June 2025 in Brussels, marked a major milestone in the global push for circularity in fashion and textiles. With 126 exhibitors and 3,336 visitors from 67 countries, the event became the largest global gathering dedicated solely to textile recycling. The expo attracted an audience spanning the full textile value chain — from waste management leaders and advanced recyclers to textile producers and top retail brands. Sustainability teams from brands such as Zara, H&M, Gucci, Burberry, Chanel, Primark, Patagonia, Ikea, and Nike were among the many notable participants, highlighting the urgency for industry-wide cooperation. Opening the event, Aurel Ciobanu-Dordea, Director for Circular Economy at the European Commission, praised the innovation and energy present across the exhibition halls. Feedback from attendees echoed the sentiment, describing the event on social media as 'a breakthrough week for circular fashion' and 'full of momentum.' Zied Chetoui, Event Manager, noted: 'The industry's enthusiastic response underscores a growing commitment to circular solutions and innovation. This expo has set a new benchmark for what we can collectively achieve.' Live tech demos by companies like Valvan and NewRetex showcased advances in automated textile sorting, while the packed conference theatre hosted over 50 expert speakers on topics including policy, recycling technology, waste recovery, and new regulations. The show was supported by key industry bodies such as ReHubs, EURATEX, Accelerating Circularity, Fedustria, Denim Deal, EuRIC, and the Textile Recycling Association. These organizations also contributed to the Industry Alliance Hub, a dynamic zone fostering partnerships and discussion. Building on the success of this launch, the next Textiles Recycling Expo USA is scheduled for 29–30 April 2026 in Charlotte, NC, with the European edition returning to Brussels on 24–25 June 2026. With early interest already high, both shows are poised to push the conversation forward in textile circularity. USA Expo Info: Europe Expo Info:
Mint
a day ago
- Mint
Apparel retailers reset their summer calendar with early end-of-season sales as consumer spending cools
New Delhi: Apparel retailers that have advanced their summer sales this year in response to months of sluggish demand have stumbled upon some interesting insights. For one, evolving consumer behaviour has left them competing not just with other retailers but with entirely unrelated sectors. Retailers are also striving to be nimbler to keep shoppers engaged, and hoping that the government's moves to boost consumption revives demand by the festive season towards the end of the year. 'Several leading brands, including H&M, Marks & Spencer, and RBL, have already kicked off their sales from mid-June,' said Pushpa Bector, senior executive director and business head, DLF Retail, which operates malls in the Delhi-National Capital Region. 'This year, brands are responding with sharper pricing and a wider range of offers, making this a strong retail moment across categories.' In India, summer end-of-season sales usually commence during mid-to-late June and go on till end-July or even August. This year, however, several brands advanced their summer season sales by a week or two, with a focus on liquidating excess stock and adapting to a market where consumers are spending on experiences over discretionary purchases. 'This trend isn't limited to India—it reflects a broader global pattern,' said Nitin Chhabra, chief executive officer of Ace Turtle, which operates brands such as Lee and Wrangler in India and has advanced its summer sales by a week this year. 'Consumers worldwide are increasingly allocating a larger share of their spending towards travel and experiential activities, which has had a direct impact on discretionary retail categories like (apparel),' said Chhabra. 'The government's announcement of no income tax for individuals earning up to ₹ 12 lakhs, along with three interest rate cuts by the (Reserve Bank of India), is expected to boost disposable income and reinvigorate consumer spending—especially among India's growing middle class. We expect these positive measures to start yielding results and translate into increased sales by Diwali,' he added. Retail sales in April grew by a mere 4% from a year earlier, according to the Retailers Association of India's data released last month. Apparel sales grew 5%, while footwear sales were up 2%. Large offline retailers such as Aditya Birla Fashion and Retail Ltd have been calling out a challenging consumption environment, especially for discretionary categories, over the previous two-three quarters. Unlike traditional retail, online sales have become a constant through the year. Digital marketplaces and e-commerce platforms, including direct-to-consumer or online-first brands, prefer hosting sales across categories such as beauty, apparel, and electronics at different times during the year. Online fashion retailer Myntra, a subsidiary of Walmart-owned Flipkart, held its flagship 'End of Reason Sale' between 31 May and 12 June this year. Last year, Myntra similarly began its summer sale on 31 May but concluded it on 7 June. A Myntra spokesperson said orders during the retailer's latest flagship sales doubled over business-as-usual days, and that the sales saw a 1.3 time increase in new customers over last year's edition. Rival Ajio, owned by Reliance Retail Ltd, also hosted its 'Big Bold Sale' during the same period as Myntra this year. 'The discounting landscape has evolved considerably. With rising competition and more sale-led triggers across platforms, brands today are optimizing for longer sale windows to stay relevant,' said Sidhant Keshwani, founder and CEO of ethnic wear brand Libas, adding that online discounting has definitely influenced broader retail behaviours. Libas has already concluded its end-of-season summer sale and is gearing up for its 'Purple Day Sale', its flagship annual event, which is set to go live between late July and early August, followed closely by the launch of its autumn-winter collection. 'There are several contributing factors. With the festive season approaching earlier this year, we're seeing a clear shift in consumer purchase patterns—shoppers are starting earlier and shopping more mindfully,' Keshwani said. 'At our end, we've expanded our assortment significantly, both in terms of stock-keeping units and new categories, which has allowed us to tailor our discounting and marketing strategy more effectively,' he added. 'While promotional events continue to perform, what's been most encouraging is the 20-30% full-price sell-through we're seeing across key product lines,' he said. Sanjay Vakharia, co-founder and CEO of denim brand Spykar, said demand for apparel has been subdued so far this year, including because of the brief India-Pakistan conflict that kept people from shopping, particularly at malls, in some states. Despite that, Spykar, which began its summer season sale this week and will conclude it by 31 July, is focusing on driving margins and bringing fresher collections to its stores, said Vakharia. 'We are going to control and curtail the period of sales so we can get in more freshness, and offer merchandise to consumers at a full price and curb the habit of customers waiting for end-of-season sales,' he said. Nishank Joshi, chief marketing officer at Nexus Select Malls, which operates 19 malls in India, said brands are becoming smarter in response to greater competition. 'While the early monsoon may have had a small impact the larger story is that Indian retail is becoming sharper, more responsive, and more in tune with what customers want and when they want it,' Joshi said. 'This year is not just about shifting timelines for EOSS (end-of-summer sales), but it reflects a shift in how brands, retailers, and consumers think. Today, brands are more flexible and consumer-focused to stay relevant and competitive.'
