Though Nykaa’s recent decision to add fashion to its forte is been viewed with skepticism by many investors, there are others who are supportive of this move. These investors are confident Nykaa will venture in to this category with adequate care before stepping on the accelerator. The company has already undertaken year-long research before ... Read more
Toonz Retail, which has over 100 outlets across 64 cities and a strong presence in Tier II and III cities, is planning to expand by setting up 200 stores in the next three years. This expansion will be spread across the sates of Karnataka, Uttar Pradesh, and North-East.
The brand will expand through direct and franchise model in India. With a stea... Read more
Organised by Surecom Media, Apparel Connect 2019 – the conference on apparel logistics was convened at Shangri- La’s Eros Hotel in New Delhi on May 16, 2019. The conference was attended by over 200 apparel and logistic professional from across the country and abroad. It included five intriguing panel discussions that touched upon every ... Read more
Trends may change but the online retail market will retain its vibrancy for many more years. The market, which offers easy and unrestricted access to the global market, requires lesser investment than the brick and mortar stores. Also, it is easier for brands to advertise online as it can be targeted to a specific group of consumers.
Many brands p... Read more
FY 2019 has been a mixed year for Indian textile companies. For smaller companies like Morarjee Textiles, Bombay Rayon Fashions, Mafatlal and JCT, it was a challenging year as their quarterly earnings slipped below given estimates. However, for bigger companies like Arvind Mills, Raymond, Vardhman Textiles and Grasim Industries, the year yielded a ... Read more
Status Quo recently launched the Surf Casuals collection for summer lovers and a special Black collection for the Night Riders. “We have also done an exclusive collection for Game of Thrones besides launching the official Kolkata Knight Riders’ (KKR) collection,” notes Bobby Arora, Director of the brand.
Complete wardrobe solutio... Read more
Ethnicwear brand Odhni has set a target of Rs 1,000 crore by setting up 30 stores by 2025. These stores will be located in Northern and Central India. Maximum number of these stores will be in Delhi which currently has three offline stores of around 50,000 sq. ft. area along with a team of 300 dedicated people. The brand also aspires to be an autom... Read more
Japan-based lingerie brand Wacoal which entered India four years ago, plans to expand its retail network in India. The plan is to open 15 stores by 2019-end and 23 in 2020. Of these 30 will be shop-in-shops. The brand aims to have 150 brick and mortar stores in the country by 2021. The brand will invest Rs 1 billion over the next three years toward... Read more
“If you aim to be a long term player you need to deal with issues,” says Rajeev Verma, Director, Time Option about the challenges being faced by the market today. “It is difficult to get (good) retailers and payments on time,” he elaborates.
New collection to make a mark
Time Option recently launched a new collection of ja... Read more
Continuing to make a mark in knitwear segment, lifestyle brand Monte Carlo’s Autumn/Winter 2019 collection uses high-end quality yarns and fabrics inspired by latest trends from around the world. “We have introduced many innovations in this collection,” notes Sandeep Jain, Executive Director of the brand. “For instance, jack... Read more