TOP NEWS
Digitization smoothening workflows across Indian retail
The pandemic has transformed work patterns across all industries in India. No industry has remained unaffected by the crisis; more so the retail industry. Overnight, Indian retailers were forced to redefine their supply chains as a contactless process. They had to move inventory from centralized warehouses to local stores, says ... Read more
Mall revenues to remain low despite rise in toplines: Crisil
Ratings agency Crisil expects malls revenues to remain lower than their pre-pandemic levels despite a healthy rise expected in their toplines this fiscal . The report states, shopping malls' revenue is likely to grow by 45-55 per cent in FY22 after the 45 per cent dent in the previous fiscal due to the lockdowns. Topline ... Read more
CMAI’s appeal against shutting down garment factories in Maharashtra
The Clothing Manufacturers Association of India has appealed to the Maharashtra government not to hinder economic recovery by shutting down garment factories once more as it is the lifeline of the state. In a press release issued by the Association, Rajesh Masand, President, CMAI has said, increasing number of COVID-19 cases in ... Read more
India’s yarn exports increase in February 2021 as fibre exports decline
In February 2021, India’s export of basic textiles comprising fibres, spun and filament yarns increased 24 per cent Y-o-Y to $822 million. As per a report by Textile Value Chain, they accounted for about 2.9 per cent of total merchandise exported from India during the month. Driven by a sharp increase in cotton exports, th... Read more
Recurrent lockdowns threaten apparel brands’ near term growth, profitabil…
Lockdowns continue to spell doom for clothing companies that witnessed business upsurge in January and February owing to ‘end of season sales’ and declining COVID cases. However, a report by ICICI Securities expects rising COVID cases and subsequent restrictions to again delay recovery. The report estimates, apparel ... Read more
India’s Tier II, III beat Tier I cities in e-commerce growth: ICICI Secur…
The growth of e-commerce volumes in Tier II and III cities in India is outpacing that in Tier-I cities, says an ICICI securities report. As per the report, in Q4 CY20, the volume share of smaller cities in India's e-commerce market increased to 46 per cent from 32 per cent YoY. Online spending per customer in Tier II and I... Read more
With 16% CAGR till 2024, an impressive future awaits casual wear in India
Not wishing to be governed by structures and definitions, the new generation is rewriting old rules of dressing. The generation is unpretentious in its clothing choices and prefers to dress in casual and unstructured clothing. As per a Wazir Advisors study ‘The swing towards casual wear’, the category accounted for 36 per ce... Read more
Data-focus helps Clovia optimize investments and control risks
One of India’s the premier lingerie brands, Clovia claims to have negligible rate of new product failure. The brand can launch new products with a high degree of confidence, affirms Pankaj Vermani, CEO. It recently launched Bra-Bot, an online AI-based chatbot which guides customers to the correct product while advising siz... Read more
E-com companies expect minimum impact from new restrictions
E-commerce firms expect Maharashtra’s new COVID-related restrictions to have minimal impact on their operations. As per Economic Times, the Maharashtra government ordered delivery and supply chain staff of e-commerce companies to either get vaccinated or carry a negative RT-PCR test report, starting April 10 Hari M... Read more
Eco-friendly denim gets a boost with new brands, materials
Handcrafted jeans made from khadi are latest innovation in the denim industry. As per a report by the Apparel Resources, a 100 per cent swadeshi brand launched in 2016, Desitude offers handcrafted jeans and other premium quality apparel and accessories made from hand-spun and hand-woven khadi. These denims maintain the spirit an... Read more
LFW reemphasizes the importance of storytelling in fashion
The industry has to restart sooner or later, emphasized designer Payal Singhal at the recently concluded Lakme Fashion Week. For her, fashion weeks are a way to bring in new business to support her staff of 150. She organized a live, in-person show to launch Indian athleisure line called Kismet. The show featured mask-less model... Read more
High-value apparel products will help India mitigate COVID-19 effects: KP…
Fashion retail markets across the world were under severe stress even before the COVID-19 crisis. A new KPMG report ‘Covid-19: Mitigation strategy for Indian textile and apparel sector’ highlights issues like deep discounting and damp consumer sentiments were already threatening the future prospects of the industry. ... Read more
Pandemic accelerates demand for secondhand fashion in India
The pandemic has changed the age old, shabby and worn out image of secondhand fashion and encouraged young Indian fashionistas to embrace pre-worn or used clothes. A report by The Times of India shows, Indian market for secondhand clothes is expected to grow 185 per cent over the next 10 years with many global brands jumping on ... Read more
Riding on online sales, Madame aims for three-fold growth in three years
Desperate times call for desperate measures. Fashion brands are trying to survive the ongoing tough times by shifting their business online and incorporating consumer feedback into operations. They are also stepping up their online training facilities for specific retail capabilities, says Akhil Jain, Executive Director, Madame.... Read more
Pandemic forcing Indian retailers to build in agility and resilience in o…
Desperate times call for desperate measures, the pandemic is forcing Indian retailers to reshape their business operations and become more agile and build capacities. The Economic Times CEO Breakfast presented by Accenture India and emphasized on several such learnings from the pandemic. Omnichannel to be the way forward The d... Read more
Footwear sector revenues to grow 23 per cent next fiscal: CRISIL
As per a CRISIL report, Indian footwear sector could see revenue growth of 23-25 per cent next fiscal, closing in on pre-pandemic topline levels of Rs 70,000 crore. Footwear companies could rakes in sales to pre-pandemic levels by next fiscal. In the current fiscal, sales in the category are expected to contract 21 per cen... Read more
Bengaluru’s brand penetration per capital higher than Mumbai: Kearney
As per a Keanery report, Bengaluru’s brand penetration per capita is higher as compared to Mumbai, thus making it attractive for retailers. Manoj Muthu Kumar, Principal, Kearney, says, despite a lower population, Bengaluru has a higher per capita income and much higher level of spending and consumption in key sector... Read more
Contribution of big cities to India’s retail growth declines: Kearney
As per global management consulting firm Kearney, contribution of big cities to the growth of India’s retail industry is declining, as consumption patterns have changed over the last decade. As per a report by Economic Times, smaller cities, including Surat, Jabalpur, Raipur, Mangalore and Faridabad are emerging as ... Read more
India’s organized apparel market geared for a better outlook in FY22: Ind…
In its recent outlook for apparel retail, India Ratings and Research (Ind-Ra), said India’s organized apparel market is geared for a better business outlook in FY22 as improved consumer confidence, pickup in store expansion and prospects of wider vaccine rollout help the sector rebound. As per the Ind-Ra report, the... Read more
Indian e-commerce needs new strategies aligning with current trends
As a large part of the Indian population stayed indoors due to the COVID-19, e-commerce emerged as an essential service as fashion customers. Fashion styles like athleisure and relaxed casual wear formed an important part of the COVID recovery trend as customers opted for easy and breathable styles. An opportunity to explore mu... Read more
Duke’s spring/summer ’21 collection reflects Indian sensibilities
Inspired by international fashion culture, the essence of Duke’s spring/summer collection remains Indian. Featuring floral and nature-inspired prints with clean cuts, the collection uses light and airy fabrics such as cotton linen, pique, single jersey sub and textured materials to offer customers a wide range of T-shirts,... Read more
Retailers achieve 93% of pre-COVID sales in February: RAI survey
As per the 13th edition of the Retail Business Survey by the Retailers Association of India, the retail industry achieved 93 per cent of the pre-COVID sales in February. Segments such as consumer durables and quick service restaurants (QSR) reported 15 per cent and 18 per cent growth respectively in February 2021, says th... Read more
49% Indians opted for online shopping in the last 12 months: LocalCircles
As per the survey by LocalCircles, in the last 12 months, 49 per cent Indian consumers opted for online sites and apps as the preferred mode of shopping. The survey received over 130,000 responses from over 42,000 consumers in 358 Indian districts Around 18 per cent of the respondents preferred home deliveries while 31 pe... Read more
March to be the watershed month for apparel recovery: Gautam Singhania, …
It may take a few quarters for apparel sales to get back to normal, says Gautam Singhania, Chairman and Managing Director, Raymond. Singhania believes, “March will be watershed month leading to 100 per cent recovery”. Sales are improving as more people get vaccinated and step out. Weekend sales are back to pre-COVID... Read more
Large retailers revive expansion plans post COVID-19 disruptions
Large organized retailers are reviving expansion plans after COVID-19 disruptions stopped store openings last year. Fashion, fast-food chains and electronics retailers will lead store openings over the next 12 months. Shubhranshu Pani, Managing Director-Retail Services, JLL India says, retail expansion has picked up for value reta... Read more
E-commerce becomes the preferred shopping mode in India: Survey
As per a survey by Local Circles, e-commerce is fast becoming one of the most preferred modes of shopping in India, buoyed by increased customer adoption over the past 12 months due to the COVID-19 pandemic/ Nearly half of all respondents said, ecommerce websites and apps have become their preferred mode of shopping over ... Read more
Ethnic and innerwear focus helps ABFRL grow despite COVID-19 disruptions
While the entire fashion industry is still reeling under the effects of COVID-19 pandemic, Aditya Birla Fashion & Retail (ABFRL) has managed to outperform peers by focusing on the ethnic wear and inner wear segments. Media reports say, the company has not only reduced its debt levels but also expanded store network, and ramp... Read more
Garment makers focusing on online space: CRISIL
India’s garment makers have begun to increasingly focus on the online space, says a new CRISIL report. The textiles sector has aggressively adopted digital channels for business prospects with digital adoption growing from barely 20 per cent pre-COVID to 58 per cent currently in the textile sector. A similar trend is... Read more
Offline retail bounces back with sales reaching pre-COVID levels
Brick and mortar retail has bounced back in India with sales reaching pre-COVID numbers few months ago. This was revealed at the recent Retail Leadership Summit 2021, organized by the Retailers Association of India, lingerie retailer Zivame and fashion watch brand Fossil. Zivame with Reliance Brands as one of its ... Read more
Bengaluru retail sees a U-shaped recovery
Retail sector in Bengaluru is now beginning to see green shoots of revival with a U-shaped recovery. While essential goods like food and grocery, followed by apparel, FMCD and electronics, furniture and home furnishings and QSR are seeing a V-shaped recovery, other segments like beauty, wellness and personal care and home ... Read more
WEBINAR SERIES
LEADERS SPEAK
‘Night suits is a big opportunity because it can be a long term game’
Akhil Jain, ED, Madame
“Since May some of our operations have resumed. Lounge wear, pajamas and athleisure used to be only 2 per cent of our overall business but in the three and a half weeks since we opened, this category has made up 33 per cent of the entire business we have done. Be it offline or online sales or demand from excising multi-brand outlets or distributors, the only products everyone is asking for are: pajamas, lounge wear or nightsuits. We see demand for basic athleisure wear and not fancy ones. It’s a small category for us. Also, there are not many players in the organized sector in India but in the unorganized sector, it is a big category.
Read Full Interview Here
‘With less business, retailers should reformulate cost structure, focus on increasing savings’
BS Nagesh, Founder, TRRAIN
“We are not sitting at home with the intention of closing our business. We will all reopen our businesses. So, the first attitude is, we are going back to our business and will take it to the next level. Secondly, we will have to analyze our previous work and behaviour with customers in the last 5 to 10 years, if our attitude was that of ‘you are just a customer’ and ‘I don’t care’ previously then be assured your customer will never come back. The people or brands who have already created trust with customers will be the early winners according to me. At this time, those who are in competition need to introspect their future dealings and elements related to it. To create this trust today, no one has a magic wand because we are unaware of customer’s demand, choice and when they come in, we will not work on our KPI’s because we don’t know what the customer wants. It is all guess work.”
Read Full Interview Here
‘Retailers have to enhance consumer engagement by focusing on relation building and communication’
Hemant Jain, Director, KKCL
“I don’t feel business will decline forever. It will decline but for a short while. Like in cricket, the game is not over if it is hindered by rains, only some overs are reduced but the score remains the same and in order to square the score players focus on hitting the ball to the boundary or over the boundary. Similarly we will have to focus on our ticket size. So if the ticket size grows maybe we will sustain but our priority should be hygiene and safety and we have to convey this message to our customers, that if you walk in to our stores it is safe. So, if we can communicate a sense of safety to our customers maybe retailers will be able to sustain their business.”
Read Full Interview Here
‘We also need to sanitize merchandise at regular intervals’
Vipul Mathur, Business Head, Udaan.com
“Can you move a part of your store online. Can you get to the same degree of sales without getting as many customers as you used to in stores. Is that possible? Can you do home delivery for people to feel safer. If you are an apparel retailer you might have to go places, can you avoid going there and use alternative sourcing methods. If you do all these then three things will happen: you will remain safe, employees will remain safe, customers will remain safe. Their being safe over time they can buy goods without any mishap. Practiced over time this will see business grow.”
Read Full Interview Here
‘COVID-19 is teaching Indian consumers to be restrained in their spending’
Rakesh Jallipally, Chief Operating Officer, U.S. Polo Association and Flying Machine
“Right now people are looking at essentials like staples and household supplies. That is at the top of their list. Apparel or fashion may be fifth or sixth item on the list. But all said and done from our personal experience, we have opened a few stores since and seen there is demand, people are coming in. Indeed, walk-ins are less but whoever has come in are decisive and buying. The world is not over according to me for apparel or fashion retail. There is enough optimism. Basically we need try to and reach out to our consumers because there is a need. It might be latent at this point of time because it is not essential but if we keep reaching out to them I’m sure demand will come back though it might take some time.”
Read Full Interview Here
‘If we overcome the fear our business will slowly come back to normal’
Manohar Chatlani, Chairman and Managing Director, Soch
“I think we have overestimated the prospective of this virus (COVID-19) to do harm. It is not as deadly or as dangerous as we think. It spreads faster than any other virus we have known so far. If we can overcome this fear, business will slowly come back to normal. Besides sanitizing and cleaning stores the government will have to think about public transport where people have the confidence to use them. Of course, to attract customers we will have to offer good discounts that are better than online discounts and newer merchandise than online. It is a question of time as public memory is short and things should become normal fast. I am hopeful.”
Read Full Interview Here
“Discount retailers and value-oriented brands stand to win”
“Consumer spending is dramatically curtailed during a recession. Consumers have adopted short-term behaviour during the pandemic that in many cases will become permanent, as a lesson learned from such unprecedented occurrences. Not only do consumers become more financially conservative but also credit may become less available and a large cohort may go into default on their debt, dramatically limiting purchasing power. Consumers will wake up from the pandemic in a new economic reality, changing their commercial behaviours in extreme ways.Read Full Interview Here
‘It will be very tough now and might take six months to be normal’
“Year 2020 scenario is the first time manufacturers have faced such a huge challenge. If they achieve even 60 per cent of sale compared to last year, it will be a great achievement and I presume that 20 per cent of manufacturers and brands will be wiped out. This is a big concern and the government needs to play an active and important role in this. The government has to understand the garment and textile industry is the second largest after agriculture and employs a huge amount of labor from all sections of the society. Hence, the government has to think exclusively for MSME’s and textile and garment industry, like restriction of customs on import, large format stories to source only from Indian market etc.” Read Full Interview Here
“The elephant in the room is cash-flow management and crisis management”
"The elephant in the room is cash-flow management and crisis management. For cash-flow management, except exemption package to file returns or reduction of interest on delayed payment, there is very little the government will do at this stage given the huge fund requirement and reduction in tax collection with bottom of pyramid's social and health costs taking predominance. Many SMEs will shut shop and consolidation and constriction will happen. There will be constriction in operations and consolidation of big becoming bigger with deep pockets and select buyer support." Read Full Interview Here
‘To regain existing business everybody has to work as fast as possible’
“Everybody has realized this is the time to think out of the box so that the when it opens they will be ready with what they want to do, like aligning people, volume of production needed to be done, how many showrooms to open, what volume of orders to be taken up because export orders have been cancelled, most large format business have cancelled their orders with vendors. Hence, from day one factories will have nothing to do. As for brands, when they open they have already sustained with their fixed expenses and have no money and will not be able to ask their customers for money. In fact, we will have to assure them we are with them and ask them to start business with full confidence. The main worry is financial support. Low margin business or those subsisting hand to mouth will face extra difficulties. This will simultaneously open new opportunities. It will be a new life after opening. To regain existing business everybody has to work as fast as possible." Read Full Interview Here
‘The one change we will see is online will bounce back faster than offline’
“Whether you open today or a month later or you start EOSS from June 15 or August 15, demand and consumer sentiment per say is not going to change much. The other reality is, in terms of physical retail from the time you reopen the consumer will take time to go back to stores. The one change we will see is online is going to bounce back much faster than offline. This change has been seen in China also and the same scenario is likely to happen in India. In a scenario where the lockdown is lifted around May 15 and EOSS is announced, the consumer will still not visit malls to buy, so delaying EOSS is justified." Read Full Interview Here
‘The garment industry will witness very tough time, may take six months to a year for normalcy’
Rakesh Grover, Managing Director, Groversons and President for Intimate Apparel Association
“The after effects will be tough. Already the industry was going through a difficult time but after this, there will be a hard time because payment cycle will be affected, raw material supplies will be affected as the supply chain is affected, factories are closed and even if production begins, how will we continue production as we need a lot of raw materials and different ingredients to complete garments. To procure from China or India at the moment is difficult as labor returned to their villages and to get them back to work will be a big challenge. It may take a month or two to get them back to work. Even if we have orders production may not start in full strength for about two months post lockdown."
Read Full Interview Here
Will also have to liquidate maximum merchandise at better values
“Once the lockdown opens, people are more likely to rush to restaurants and other entertainment zones rather than stores for buying clothes. This may create a frustrating situation for brands and retailers and compel them to offer higher discounts than the routine trend. Regarding inventory management, we will have to be smart and carry forward some of the inventories to the next season. We will also have to liquidate maximum merchandise at better values to make some money."China was also under a lockdown and we depend a lot on them for fabrics
Since we have our own manufacturing, we are manufacturing less. With lockdown finances are also shut, we will save about 100,000 to 150,000 units, that is produced and this is what I am thinking of if the season doesn’t begin in the next two months. As for autumn/winter, it is still under speculation as China was also under a lockdown and we depend a lot on them for fabrics. Of late, we have started pursuing Chinese... Read Full Interview Here
Lockdown may prolong and will affect our and world economy
We are aware of the gravity of the situation and emerging problems across all industries. I feel, the lockdown may prolong for a longer period and affect our and world economy. Everyone will have to face it in their own capacity as no planning and management will work. It is a wait and watch; work as per situation. We plan to retain all labourers, as most have left for their hometown. We will pay them without cuts... Read Full Interview Here
The only way to avoid this blood bath is massive Government support
“India’s Garment Industry is currently going through its worst ever crisis The current lockdown of the country – is a death blow to these smaller units. Most of them will simply not have the resources of surviving for any length of time even after the markets reopen. This is because even after they reopen, markets are highly unlikely to return to its normal,... Read Full Interview Here
Bad impact on the industry as all inventories are stuck
“Coronavirus will have a bad impact on the industry as all inventories are stuck. Goods in transit are not being sold. Goods are stuck in warehouses, so there’s total loss. We plan to cut down our winter production depending on how long it goes on. We’ll have to sell more goods on discount. If this ends in April, it will be fine and if it prolongs to June, it will be very difficult for the industry... Read Full Interview Here
We are sitting on stocks and there is no sale and absolutely no cash-flow
“Following government directives closed all our stores and offices. Hopefully, this will be controlled in 21 days and markets open up. Both our spring/summer and autumn/winter collections are likely to be impacted as almost all production for summer is ready. We are sitting on stocks and there is no sale and absolutely no cash-flow. When markets open, we’ll have to look at demand and how much stocks are cleared... Read Full Interview Here
Tough times and teams with character and determination will win
“We are looking at how to adjust to a new and challenging reality along with protecting the safety of our employees. Being a fashion retailer, we need tombalance the current season’s merchandise while working on possible buy reduction for the coming season. I foresee the market to remain challenging for at least a quarter even after things settle down and stores open as we fall in the non essential category and consumer sentiment will not be at its best. Therefore, I foresee a 20 per cent reduction in demand for subsequent months. We need to look at all costs to protect our bottomline and also manage the working capital. These are tough times and teams with character and determination will win.”
12 mantras to maintain brand competitiveness in tough times
A visionary academic leader and persuasive administrator, Professor Dr Darlie O Koshy is well known for transforming several educational institutions like the National Institute of Design (NID), Ahmedabad where he served... Read more
‘We are focusing strongly on the innerwear category’
Kavindra Mishra, Managing Director, India Business and Asia Pacific, Pepe Jeans, speaks exclusively to DFU Publications about the brand, its initiatives and the global denim industry. What is Pepe Jean’s mission... Read more
‘CMAI needs to take a leap into the next level’: Rahul Mehta
Rahul Mehta has been unanimously re-elected the President of Clothing Manufacturers Association of India popularly known as CMAI for the year 2018 - 2020. Under his leadership, CMAI has been growing leaps and bounds. He ... Read more
Jack Sewing Machines launches new technology at GTE
Recoupex: Making Indian exporters/importers aware of cargo claims
Advanced IoT systems enable Gherzi to increase garment productivity by 15%
Knitwear Capital of India, Tirupur Invites for its historic 47th IIKF
Infrastructural development, youth employment to boost Indian productivity
Low operating and maintenance costs help Colorjet machines grow
Global industry moving away from traditional manufacturing methods
Upgrading its facilities to help India stay ahead in the race
Zero Defect Zero Effect (ZED): Enhancing global competitiveness of Indian MSME
GTE 2020 to improve garment productivity and efficiency in India
Birkenstock enters Chandigarh market with a monobrand store
Footwear brand Birkenstock has entered the Chandigarh market with a mono-brand store in Elante Mall. As per Fashion Ne... Read more
SGS opens new laboratory in Kolkata
SGS Softlines has extended its testing facilities in the East India by opening a new state-of-the-art laboratory in Kol... Read more
Jacqueline Fernandez signed as brand ambassador for Van Heusen’s new sub-br…
Bollywood film actor Jacqueline Fernandez has been roped in as the brand ambassador by formal wear brand Van Heusen for... Read more
W’s Spring Summer Collection 2021 offers a range on white on white apparels
India’s leading women’s apparel brand, W’s new Spring Summer Collection 2021 offers an extensive rang... Read more
Include all non-food items as essential goods, urges RAI
The Retailers Association of India (RAI) has urged the Delhi Government to include all non-food items in its list of es... Read more
Future Retail’s resolution plan approved by lenders
The resolution plan to restructure Future Retail’s existing debt under the RBI’s special scheme for COVID-r... Read more
Tony Burch collaborates with Reliance Brands for first Indian store
US-based women’s wear and accessories brand Tony Burch has collaborated with Reliance Brands to open first exclus... Read more
Madison Media Omega to be the Media AOR to Landmark Group brands
Madison Media Omega, a unit of Madison World has been appointed as the Media AOR by the Landmark Group for their brands... Read more
Second COVID-19 leads to reduction in business for Indian retailers
The second COVID-19 wave is leading to a reduction in business for many retailers, restaurant owners and mall developer... Read more
Birla Cellulose recycling project awarded for addressing textile waste chal…
A recycling project by cellulosic fibre producer Birla Cellulose, part of the Aditya Birla Group, has received the firs... Read more
Rosie Gulati launches womenswear brand
Entrepreneur Rosie Gulati has launched womens wear brand Dress Bio with its maiden collection ‘Wild Beauty’... Read more
Puma ropes in new brand ambassadors
Global sports brand Puma has roped in cricketers Washington Sundar and Devdutt Padikkal.as its new brand ambassadors. T... Read more
Delhi announces a six-day lockdown
Beginning Monday, Delhi has announced a six-day lockdown has now allowed only essential retail and e-commerce deliverie... Read more
Birla Cellulose bags sustainability award
One of largest manufacturer of l manmade cellulosic fibre (MMCF)in India, Birla Cellulose has been awarded with the Nat... Read more
COVID-19 spread in Maharashtra to affect Tamil Nadu textile mills
Textile mills in Tamil Nadu are likely to be affected by the spread of COVID-19 in Maharashtra as nearly 40 per cent of... Read more
Saree Sneakers expands fusion wear range
Up-and-coming brand The Saree Sneakers, launched under the aegis of design label Origgo, is continuing to expand its fu... Read more
Peter England launches ‘antiviral’ linen shirts
Leading menswear brand from Aditya Birla Fashion and Retail, Peter England has launched its new Spring/Summer collectio... Read more
Zodiac’s brand Z3 launches 100 per cent cotton shirts range
Zodiac Clothing brand Z3 has launched a new range of light, airy, summer shirts in 100 per cent cotton woven in a manne... Read more
Amazon India launches $250 million fund
E-commerce giant Amazon India has launched a $250 million (Rs 1,873 crore) fund to help start-ups, entrepreneurs with d... Read more
Trade groups urge for stricter rules for foreign e-commerce companies
Various trade bodies and groups representing small retailers have urged the government to introduce stricter laws for f... Read more
Rico Desgaste to launch apparel range in India
International luxury brand Rico Desgaste plans to introduce its apparel range in India. The brand sells premium and lux... Read more
Spykar, Swag Fashions collaborate for new fashion line
Spykar and Swag Fashions have joined hands to create the 83 fashion line.The brand signifies India’s World Cup gl... Read more
Around 67 per cent urban Indians to switch to online shopping post pandemic…
Nearly 67 per cent of urban Indians plans to switch to online shopping post pandemic, says latest research report by Yo... Read more
Amazon challenges Delhi High Court’s order in Supreme Court
Amazon has challenged the Delhi High’s court stay on single judge’s order restraining Future Retail from go... Read more
Van Heusen to launch new WFH clothing brand
ABFRL’s formal wear brand Van Heusen plans to launch a new sub-brand for work-from-home (WFH) and comfort clothin... Read more
Fashionista Fashion and Lifestyle to hold eighr events across India
Multi-brand women’s shopping fair Fashionista Fashion and Lifestyle Exhibitions will hold eight events for May an... Read more
PHDCCI offers suggestions on India’s FDI policy for e-commerce
The PHD Chamber of Commerce and Industry (PHDCCI) has offered few suggestions to the Indian government on its FDI polic... Read more
Luxury brand Qua opts for zero plastic packaging
Home-grown affordable luxury fashion brand Qua has opted for zero plastic packaging for its clothing products. The bran... Read more
Universal Sportsbiz raises Rs 30 crore debt funds from Vistra ITCL
Bengaluru-based fashion company Universal Sportsbiz is raising Rs 30 crore in debt funding from independent corporate t... Read more
Benetton India, Timex collaborate for exclusive watch range
Benetton India has joined hands with Timex India to launch an exclusive range of watches in the Indian market. The coll... Read more
Killer launches new store in Patna
Flagship brand of Kewal Kiran Clothing (KKCL), Killer has launched a new store in Patna. The store offers a wide range ... Read more
Marriage Mantra shifts business online
Multi-brand women’s fashion events business Marriage Mantra has shifted its business online with a new venture, m... Read more
Delhi High Court reschedules hearings on Future, Amazon appeals
A division bench of the Delhi High Court, which hears appeals filed by Amazon and Future Retail against two orders by s... Read more
Meesho to target 100 million small businesses
As a part of its diversification plan, social commerce platform Meesho plans to target 100 million small businesses. Fo... Read more
Anita Dongre launches Spring/Summer 2021 collection
Designer Anita Dongre has launched her new Spring/Summer 2021 collection in collaboration with Tencel™ by Lenzing... Read more
Brand Payal Singhal launches wedding venue design service
Designer Payal Singhal’s eponymous brand has launched wedding venue design service ‘PS Wedding’. PS W... Read more
Trident Group’s bath linen production grows 82 per cent in March’21
The home textile division of Punjab-based Trident Group registered 82.80 per cent growth in production of bath linen to... Read more
Shree to take store count to 500 in five years
Fashion Retail Brand Shree, which opened its 95th store in Delhi recently, aims to take store count to 500 in the next ... Read more
Nykaa Fashion acquires jewellery brand Pippa Bella
Nykaa Fashion, a multi-brand fashion e-commerce platform has acquired online jewellery brand Pipa Bella to expand its j... Read more
Future Retail lenders hope for a debt recast plan
Lenders to Future Retail are hopeful of approving a debt recast plan by the end of this month, with the final draft bei... Read more
