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TOP 50 NEWS 2017
 
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Industry Update

Century Yarn and Century Denim sold to Wearit Global for Rs 2.51 cr

Birla Century Yarn and Century Denim units were sold for a paltry sum of just Rs 2.51 crores ($0.3million) to Wearit Global. In a disclosure under regulations 30 of Securities and Exchange Board of India, Century Yarn and Century Denim units of textile business segment, under B K... Read more

Online clothing rental market set for a boost in India

Online clothing rental market set for a boost in India

  Online clothing rental market would register a compound annual growth rate (CAGR) of 10.6 per cent, reaching $1,856 million by 2023, predicts Alliance Market Research survey. A rapidly growing market, online clothing rental is said to be gaining popularity i... Read more

India tops Global Retail Development Index, overtaking China

India has topped the Global Retail Development Index in 2017, overtaking China. The retail real estate segment across key cities in India is growing exponentially. While global brands continue to evaluate and consider quality retail developments in the top cities, with growing ... Read more

Growing importance of Tier II & III cities lures top brands

Growing importance of Tier II & III cities lures top brands

  On the back of saturated metros and larger cities, leading retail brands are moving towards regional markets or small towns to gain maximum expanse. The retail king, Kishore Biyani, Group CEO, Future Group, believes in the market potential of each and every ... Read more

‘Menaissance’, a new trend in apparel industry

‘Menaissance’, a new trend in apparel industry

  If you think shopping is woman’s forte, and it’s the girl gang who flip through online shopping portals and order products, then think again. Indian men shop online more than women and convert 75 per cent better, with about 21 per cent higher ave... Read more

Sports brands promoting sports categories for brand building

Sports brands promoting sports categories for brand building

  With sports gaining traction in the country sports apparel brands are eyeing the opportunity to build a sporting culture and experiences in India by encouraging participation in running, football, tennis, martial arts and more. Coupled with this, increasing ... Read more

India’s retail market to be worth $1 trillion by 2020, IBEF report

India’s retail market to be worth $1 trillion by 2020, IBEF report

  Triggered by urbanisation, attitudinal shifts and higher disposable income, India’s retail market is expected to double from $600 billion in 2015 to $1 trillion by 2020, says a report from IBEF. The tremendous growth of e-commerce also plays an integra... Read more

Men’s fashion in India witnessing huge transformation

Men’s fashion in India witnessing huge transformation

  Back in 2010, a well-dressed man was probably somebody who wore a suit, with a pocket square if he was a natty dresser. Since then, the industry has undergone a revolution of sorts. These days men’s style in India has come a long way from the old days,... Read more

Indian handloom creating a niche globally

Indian handloom creating a niche globally

  Being the second-largest employer in the country with over 4.3 million people directly involved in production, the Indian handloom industry has a rich heritage. With leading designers poised to offer its richness, the sector is set to boom and if the recent ... Read more

India’s branded apparel market lures many new global brands

The success of Zara and H&M are now luring top brands from Russia to Brazil to tap the growing market for western fashion products in India these brands have been attracted by India’s lucrative fashion and lifestyle market. Turgkey’s leading fashion brand Kigili h... Read more

Gender fluid concept clothing catching up in a small way

Gender fluid concept clothing catching up in a small way

  Tracing roots, India has a history of men, mostly from royal families, adorning colours, mirrors and gathers, while drapes like shawls, anarkalis, lungis, kurtas, salwars and churidars have been a long-standing part of India’s unisex fashion grammar. E... Read more

Branded women’s wear set to overtake menswear in India

Branded women’s wear set to overtake menswear in India

  According to a report by financial services firm Avendus Capital, women’s branded apparel market is set to overtake men’s apparel segment in size by 2025 growing from Rs 99,300 crore in 2015 to Rs 2.77 trillion in 2025, making nearly 40 per cent ... Read more

Bespocut launches platform for fashion designers in India

With the aim of bringing art and technology together, “Bespocut” an international clothing brand recently launched in India to provide techno commercial platform for designers and for entrepreneurs at their door step. Bespocut is powered by a cloud-based application. ... Read more

Is e-commerce consolidation good news for sellers

Is e-commerce consolidation good news for sellers

  As the number of sellers multiple on e-commerce sites, including Amazon, Flipkart, Paytm, Snapdeal, Shopclues, eBay, there is a fear consolidation will shrink the marketplace and choices. The main concern is there won’t be another large, pure marketpla... Read more

Homegrown denim brands come off age

Homegrown denim brands come off age

Studies suggest there are seven pairs of jeans for every person on the planet. Last year, 1.9 billion pairs were sold, and over 500 million of these were in India alone, making it the second largest consumer of the versatile blue fabric, after China. While local b... Read more

Indian retail real estate development gaining steam: CBRE

Indian retail real estate development gaining steam: CBRE

  A recent CBRE report highlights during the first six months of the year, there were 70 new entries/expansions by global and domestic brands across metros - Mumbai, Delhi-NCR and Bengaluru. Seven new global brands entered the country and investments into the ... Read more

India’s innerwear segment needs to harness its true potential

India’s innerwear segment needs to harness its true potential

  The innerwear market in India is segmented between men and the more fancy-driven women’s and both markets are growing significantly. While the global men’s innerwear segment is estimated to grow at a CAGR of 5.8 per cent to reach $13.6 billion by... Read more

Ethnic wear holds bigger share in women apparel market

Ethnic wear currently constitutes 50 per cent of the total women apparel sales. Arun Sirdeshmukh, Business Head of Amazon India, says women’s ethnic wear is the most popular category on Amazon Fashion. The company is witnessing a shift in demand from saris and dress materia... Read more

Global apparel sales to rise by $156 bn, India’s outlook promising: Euromonitor

Global apparel sales to rise by $156 bn, India’s outlook promising: Euromonitor

  As per Euromonitor International’s baseline scenario, global apparel sales are forecast to rise by $156 billion from 2016 to 2019 (measured in current prices), provided economic growth evolves. This essentially means that in three years, global sales a... Read more

Luxury designers moving towards copyright protection

Luxury designers moving towards copyright protection

  Copyright has been gaining prominence in the fashion industry with rampant instances of luxury designers being copied and sold to the masses at low prices. To tackle the issue head on, Rohit Bal was the first designer to copyright his entire collection, foll... Read more

Global brand make a beeline for India

In the first half of 2017 seven global brands entered India. And 70 global and domestic retail brands expanded their operations in Mumbai, Delhi NCR and Bangalore. During the same period, demand for quality retail space remained robust with a majority of this supply concentrated ... Read more

India’s retail industry to grow to Rs 85 lakh crore by 2021: FICCI-Deloitte stud…

Indian retail industry, growing at 10 per cent, is expected to almost double to Rs 85 trillion (lakh crore) by 2021 steered by consumer data and technology disruptions, says a joint report by Ficci and Deloitte. As per the report, consumer data and technology disruptions will dri... Read more

Brand licensing sees a foreseeable future growth in India

With a rising brand consciousness among consumers and higher penetration of modern retail and e-commerce brand licensing at present in its ‘nascent stage’, is set to grow manifold in the foreseeable future. License India chairman Gaurav Marya says owners of intellect... Read more

Indian apparel companies focusing on sustainability measures

Indian apparel companies focusing on sustainability measures

  Just like corporates in steel and automotive industries, apparel companies are increasingly waking up to sustainability and doing their bit to go green. In line with this, Pratibha Syntex, Indore, is going to be the first company to release its sustainabilit... Read more

Indian retail market investments reach US$ 200 million - CBRE report

A report on the first half of 2017 by real estate consulting firm CBRE recently showed investments in India’s retail market by private equity firms and wealth funds touched $200 million. During the first six months of the year there were 70 new entries or expansions by glo... Read more

Brand Update

Miniso of Japan enters India

Japan’s low-cost retail chain Miniso is opening a store in New Delhi. Founded in 2013, Miniso positions itself as a lifestyle brand and sells products in 12 categories including health, beauty, stationery, gift items, creative home ware, boutique package decoration and digi... Read more

Arrow: Emphasizes on green fashion for upcoming A/W collection

Arrow: Emphasizes on green fashion for upcoming A/W collection

The women’s formalwear market in India is estimated Rs 250 to 300 plus crores points out Ashutosh Murarka, Design Head, Arrow “And we are comfortably placed in the top two positions in women’s formal wear segment.” He points out the size of... Read more

L Catterton breaks up with Genesis Luxury, sells stake Reliance Brands

Mukesh Ambani-led Reliance Brands that sells high street labels like Ermenegildo Zegna and Bally among others bought out L Catterton Asia’s around 40 per cent stake in Genesis Luxury, its direct competitor in luxury retail. The unprecedented move, perceived to be inimical t... Read more

Max Fashion targets becoming a Rs 5,000-crore brand in three years

Max Fashion targets becoming a Rs 5,000-crore brand in three years

  Max Fashion, which is owned by Dubai-based $9 billion Landmark Group is growing at a CAGR (compound annual growth rate) of 32 per cent year on year and targeting achieving Rs 5,000 crore revenue in three years. It’s aiming to add 60 more stores to take... Read more

Anushka Sharma collaborates with Suditi Industries to launch own apparel line

Anushka Sharma, the star of Hindi films PK, Sultan and Rab Ne Bana Di Jodi is set to launch a clothing line for women in partnership with Suditi Industries. The product line will include denims, jackets, dresses and tees priced between Rs 699 and Rs 3,999. The details on brand a... Read more

Amazon launches its first standalone fashion imaging studio in India

To support the company's rapidly growing fashion business in the country, Amazon India has launched the largest standalone Fashion Imaging Studio called BLINK in Gurgaon. This is only the third of its kind studio for Amazon across the globe, the company having already opened BLIN... Read more

Uniqlo revises India plans

Uniqlo’s entry into India may be delayed by up to two years. The brand was planning to open stores in India in 2018. Uniqlo, based in Japan, produces a billion units a year. It’s planning to boost production to five billion units. Uniqlo is the third largest company ... Read more

Redefining ethnic wear, Manyavar aims to be a part of every Indian celebration

Redefining ethnic wear, Manyavar aims to be a part of every Indian celebration

  Launched in 1999, menswear brand Manyavar has re-invented the ethnic wear category in India and become an undisputed leader in celebration wear for men. There has been a huge shift in men’s ethnic wear segment, as the brand opened up a much wider varie... Read more

Fendi looks for partners in India

Fendi wants to restructure its business in India. The Italian fashion major is present in India through a store at the Emporio mall in New Delhi. Fendi, a part of luxury goods conglomerate Louis Vuitton Moet Hennessy, is known for its fur accessories, ultra-glamorous ready to we... Read more

Technology to help Raymond be a game changer

Technology to help Raymond be a game changer

  Raymond, the world's largest producer of worsted suiting fabric (a fine smooth yarn spun from combed long-staple wool) largely used in suits, has adopted technology at its core to stay ahead of the race. Sanjay Behl, CEO, Raymond, known as the turnaround age... Read more

Le Mill concept store brings French fashion brand Céline to India

Le Mill, a concept store in Mumbai known for cutting-edge international labels has added another brand to its portfolio -- the French fashion brand Céline. Le Mill has brought Céline to India through an exclusive partnership. The brand will be housed amongst home-g... Read more

Arvind demerges branded apparel, engineering businesses

Arvind demerges branded apparel, engineering businesses

  Arvind has decided to demerge the branded apparel and engineering businesses from the parent company. The branded apparel business will be demerged into Arvind Fashions and the engineering business will be demerged into another entity Anup Engineering and in... Read more

The Collective to open EBOs for some of its brands

The Collective will set up EBOs across India for some of its brands like Armani Collezioni, Fred Perry, Hackett London, Hugo Boss Green, Lagerfeld and Ted Baker. These stores will be 5,000 to 10,000 sq ft. There are already four Hackett stores and Ted Baker will soon open one. T... Read more

Amante: Evolving consumer tastes boosts brand growth

Amante: Evolving consumer tastes boosts brand growth

  As apparel choices of modern Indian women widens with fashionable silhouettes entering the wardrobes, she needs lingerie to support her look. Styles like multiway, seamless bras are New Amust haves. “We also see a lot of solution products finding accep... Read more

Fcuk to expand product range, add sleep and loungewear

Fcuk is expected to expand its product offerings to add sleep and loungewear in India. Mohini Tillu, Senior Manager of Modern Trade at Fcuk, says they are currently working on expanding the product range for sleep and loungewear as well as different fabric structures, finishes, w... Read more

Donear buys Grasim Bhiwani Textiles

Donear has acquired Grasim’s poly viscose suiting fabrics business called Grasim Bhiwani Textiles. This gives Donear world-class manufacturing capabilities, iconic fabric brand and an access to marquee customers globally. Grasim Bhiwani is the country’s largest manuf... Read more

Nike starts downsizes India operations, fires 20 per cent employees

US sportswear maker Nike has asked many others to join its operations in Southeast Asia as it stayed on a major downsizing exercise in India, as a part of which it has fired 20 per cent of its employees in the country. This is part of a global restructuring process that will see ... Read more

Gauri Khan collaborates with Ralph Lauren for new store

Entrepreneur, Gauri Khan who is also Shah Rukh Khan’s wife has collaborated with international label Ralph Lauren. Gauri Khan recently launched her own design store, Gauri Khan Designs, selling an array of luxury lifestyle products. However, the celebrity interior designer ... Read more

Abercrombie & Fitch planning to enter Indian market

US-based youth brand Abercrombie & Fitch is is planning to bring its flagship label along with Hollister to Indi. Abercrombie & Fitch is in talks with a host of Indian companies, including Myntra, to open standalone outlets of Abercrombie & Fitch and Hollister and giv... Read more

Van Heusen to open new EBOs, enter more MBOs with innerwear range

Fashion power-house, Aditya Birla Fashion and Retail’s brand Van Heusen has announced a pan India growth plan for its innerwear and athleisure business. Since its foray last year in innerwear and athleisure, Van Heusen Innerwear and Athleisure has created a strong presence ... Read more

French luxury brand Cifonelli plans India launch

A 137-year-old French luxury menswear brand, known to have dressed yesteryear’s iconic actors like Cary Grant, Charlton Heston and Lino Ventura, is making inroads in India. The bespoke brand Cifonelli, in partnership with a Mumbai-based luxury retailer Vault Luxury, is plan... Read more

ABFRL to sell American Eagle products in India

Aditya Birla Fashion and Retail Ltd (ABFRL) has acquired exclusive rights of the global fashion retail brand American Eagle Outfitters and its sub-brand Aerie in the country. The company will be allowed to operate offline stores and e-commerce site and sell products of these bra... Read more

Levi’s to focus on offering retail experience to consumers

Levi’s to focus on offering retail experience to consumers

  It takes a lot to build a brand – from investment to unique proposition. Indeed, the Internet makes it easier to launch a brand. This explains the plethora of brands, especially in the US, there are many domestic apparel brands that have made a decent ... Read more

Monte Carlo eyes expansion with focus on all-season apparel

Monte Carlo Fashions, best known for its winter-wear collections, is looking to expand its product line in order to be known as an all-season brand. Also on its agenda is increasing footprint across the country. The company in an investor presentation to analysts has stated it w... Read more

Triumph: ‘Lingerie today is a fashion statement with a feel-good-factor’

Triumph: ‘Lingerie today is a fashion statement with a feel-good-factor’

Triumph has been instrumental in introducing high fashion quotients in line with global trends Indian innerwear market. “When you create consumer experience, you need to ready yourself for rising demand. Thus, the brand has moved from product launches every ... Read more

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HRX to push up sales in women’s wear, spread retail through MBOs, EBOs

HRX to push up sales in women’s wear, spread retail through MBOs, EBOs

The activewear segment in India is estimated at a whopping Rs 8,500 crore and expected to continue growing at CAGR of 12 per cent and touch sales worth around Rs... Read more

Duke's collection' 18 is for work and play

Duke's collection' 18 is for work and play

Inspired by the fashion culture of New Zealand, Duke has established an impressive collection of various styles, colors and sizes in Shirts, Trousers & Denims in its summer’18. The collection’18 offers... Read more

Plus size fashion gets momentum from e-com

Plus size fashion gets momentum from e-com

For decades, plus size fashion has been a neglected segment.With the rise of e-commerce and dedicated fashion portals, this segment is gradually evolving. Oversized, wide and broad are features... Read more

Junior’s Fashion Week comes to Pune

Junior’s Fashion Week comes to Pune

Junior’s Fashion Week, India’s favourite destination for kids’ fashion, will showcase the Spring 2018 collections of international brands on May 20 at JW Marriott, Pune. With the modish and trendy collection... Read more

Arvind Internet expands omnichannel services internationally

Arvind Internet expands omnichannel services internationally

Arvind Internet is expanding its omnichannel services to customers in South East Asia, West Asia, and the US. For the financial year ended March, Arvind Internet’s revenue was up 91... Read more

Mustang to reach out to customer directly through e commerce

Mustang to reach out to customer directly through e commerce

Divulging on the new collection, Lubeina Shahpurwala, co-founder, Mustang Socks & Accessories, says, “We are currently looking to set up and develop our e-commerce platform through which we want to... Read more

Mumbai to host Junior’s Fashion Week Runway on May 13

Mumbai to host Junior’s Fashion Week Runway on May 13

Mumbai is ready to host the next edition of Junior’s Fashion Week Runway on May 13. The gala to be held at The Westin, Goregaon, will mark the presence of... Read more

Bombay Dyeing to open more stores by 2018

Bombay Dyeing to open more stores by 2018

Bombay Dyeing being one of India's most endeared brands will set up more than 90 franchise stores in tier II and III cities by 2018. Aloke Banerjee, Bombay Dyeing’s chief executive... Read more

TT on an aggressive distribution network enhancement

TT on an aggressive distribution network enhancement

TT is a longstanding brand in the knitwear industry has added focus on front retail and brand end of cotton knitwear / hosiery segment. “We have a robust list of... Read more

Pepe Jeans sets a brand new equation with new channels and categories

Pepe Jeans sets a brand new equation with new channels and categories

Pepe Jeans London, one of the leading international denim-led fashion brands, is aggressively looking at retail expansion plans across the country along with enhancing its omnichannel experience. The brand is planning... Read more

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