Playtime’s over: Hamleys revenue shrinks worldwide

• X India, formerly Twitter, reports a 90% revenue decline in FY24 post Elon Musk's takeover.
• The company's profit also fell by 94% during the same period.
• The significant decline is likely due to the company's 90% layoffs in Novembe...

• Consumer brands like Mamaearth, Boat, and Licious report declining revenues as they cut back on marketing spend in a constrained funding environment.
• The brands, once investor favorites, are grappling with sustainability, consumer l...

Goldman Sachs plans fresh round of job cuts, to dismiss underperformers by next month.

• Zouk, a D2C luggage brand, has raised $10M in a Series B round led by Aavishkaar Group.
• The funding will be used to expand its network of exclusive brand outlets and enhance marketing efforts.
• The company specializes in handmade pr...