Feedback
A pioneer B2B media and publication platform connecting with Fashion Brands & Retail in India
 

Benetton India to strengthen fashion footwear and innerwear segments

  

Benetton India to strengthen fashion footwear and innerwear segments

 

Benetton India plans to strengthen its presence in the fashion footwear and inner-wear segments in the next three years in the country. The company expects footwear and innerwear segments to contribute nearly 15-20 per cent of overall business in the next three years. It has completely developed a footwear line in India with 90 per cent of business being driven from the online channel currently. It also plans to add 30-40 new stores this year besides launching its online store in the second half of the year.

The company aims to expand its presence across all the channels. Its e-commerce channel is growing in high double-digit CAGR due to low penetration and it will also continue to leverage on this opportunity in the right manner.

Benetton is optimistic about the government’s move to set up seven textile parks in the country in the next three years to position India as a fully integrated manufacturing and exporting hub. This will enable the country in strengthening its presence in the global supply chain.

LATEST TOP NEWS
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

COVID 19: A growth opportunity for Indian online textile industry

COVID 19: A growth opportunity for Indian online textile industry

    Amidst all the disruption it has caused, COVID-19 has provided Indian textile industry with an opportunity to rid itself off its dependency on offline operations involving the wholesaler, semi wholesaler,... Read more

Second wave, curfews could hamper online fashion retailers recovery

Second wave, curfews could hamper online fashion retailers recovery

    Covid-19 has slowdown India’s apparel retail market once more. With malls and stores under lockdown in metros business is at its lowest this year. In fact, the scenario was different... Read more

Digitization smoothening workflows across Indian retail

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... Read more

Mall revenues to remain low despite rise in toplines: Crisil

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... Read more

CMAI’s appeal against shutting down garment factories in Maharashtra

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... Read more

India’s yarn exports increase in February 2021 as fibre exports decline

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,... Read more

Recurrent lockdowns threaten apparel brands’ near term growth, profitability

Recurrent lockdowns threaten apparel brands’ near term growth, profitability

    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... Read more

India’s Tier II, III beat Tier I cities in e-commerce growth: ICICI Securities

India’s Tier II, III beat Tier I cities in e-commerce growth: ICICI Securities

     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... Read more

With 16% CAGR till 2024, an impressive future awaits casual wear in India

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... Read more

Data-focus helps Clovia optimize investments and control risks

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... Read more

MOST POPULAR NEWS
Go to top

Follow Us On:

Face BookDealersForYou

TWDFUpublications

LNDFUpublications

YouTubeDFUpublications

 Copyright © 2020 DFU Publications. All rights reserved.