The e-commerce market is heating up with a new competitor ready to challenge the supremacy of the Amazon. Reliance Industries owner Mukesh Ambani is piecing together a $2.5 billion strategy to take on the e-commerce giant in India. Ambani’s strategy involves a string of tiny acquisitions and stake purchases that would enable it to face the wo... Read more
Fuelled by the festive season, branded apparel makers reported a steady increase in profit margins in the December quarter. As per Wazir Advisors, Aditya Birla Fashion & Lifestyle reported a 2.2 per cent increase in earnings before interest, taxes, depreciation and amortisation (EBITDA) margins for the quarter ended December 2018 as against 1.2... Read more
In its new campaign Numero Uno brings together young unapologetic consumers, who dare to be aspirational, fashion-conscious and fearless. These youngsters are rebellious, expressive and courageous. The campaign pushes these young lionhearted souls to challenge their angst and admire their individuality.
Along with this campaign Numero Uno has also... Read more
Soft colors and comfortable fabrics like Supima® cotton and viscose dobby dominate the Spring/Summer 2019 collection of brand PostFold. The collection includes button down shirts, polos, etc, for men and blouses, shirts, dresses, culottes and jumpsuits for women. “Each piece in this collection is elaborately made with subtle details addin... Read more
“These classic, elegant, sleek and stylish footwear stand out for all the right reasons,” says Ishaan Sachdeva, Director, Alberto Torresi about the latest range of slip-ons launched by the brand. “These Gagnon’s crafted entirely in velvet are the latest fashion-forward of summer. Their wear-ability makes them extremely comfo... Read more
One of India’s biggest textile makers Arvind, which successfully demerged its business in November 2018, now plans to focus on technical textiles along with other businesses such as water and wastewater treatment as well as garment production for international players. The branded retail arm of the company, which includes brands like Arrow, G... Read more
Efficient management of goods, once they arrive at Indian ports, is a challenge faced by many retailers, distribution centers, procurement centres even e-tailers. However, their predicament doesn’t end there. Once these products are transported to their stores, visibility, control and freight costs are a cause of concern for industry leaders.... Read more
There are good days ahead for textile and apparel brand Raymond as it hopes to increase its free cash flow in the current financial year ending March 31, 2019. As the company’s stock price multiplied over two-and-a-half times in the last three years, it posted a profit in four out of last five quarters. The company, most recently, declared a ... Read more
Bonjour Socks (Zonac Knitting Machines Pvt. Ltd.) has acquired the smart and comfortable socks/stockings business of the renowned US brand, Hush Puppies. The company’s operations include the manufacturing, marketing and sales of these socks in India.
The company plans to introduce an exclusive range of Hush Puppies socks for men and women. T... Read more