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Retailers log in positive PAT growth last quarter

Edelweiss Securities estimated its retail universe’s Q1FY19 revenue, EBITDA and PAT to grow 7.6 per cent, 15.2 per cent and 20.9 per cent YoY, respectively. Overall retail sector earnings are expected to grow in double digits for the quarter ended June 2018, but far lower growth than the year-ago period. In Q1FY19, there is a high base for most of the apparel retailers and Titan, thus growth this quarter will look slow.

Titan’s jewellery segment had strong base of 54 percent growth and hence growth would look soft, it feels. The report confirmed same-store-sales growth (SSSG) for most of apparel retailers is likely to be soft, except Trent. For V-Mart, Wonderla Holidays, it expects slight growth in average revenue per user (ARPU) across parks led by non F&B revenues.

On the margin front, for QSRs, it expects operating leverage to kick in. For companies like Shoppers Stop and ABFRL, pruning off loss making stores will be an added lever for margin expansion. Retail companies have also learnt the game well and are adopting Click & Mortar as the strategy to reciprocate to threats from online channel.

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JFW Runway Showcase to open in Bengaluru on November 18

JFW Runway Showcase to open in Bengaluru on November 18

Runway Showcase of Junior's Fashion Week, an international children’s event, is all set to enthrall audiences on November 18, 2018 at Marriott Hotel Whitefield in Bengaluru. The grand event will... Read more

New/existing brands turn their focus on growing plus size fashion market

New/existing brands turn their focus on growing plus size fashion market

Last month India’s leading e-commerce fashion retailer Myntra enhanced its portfolio of in-house brands with the launch of an exclusive plus-size label ‘Sztori’. In fact, in India the plus-size clothing... Read more

Fusion wear poised for bigger growth with increased brand play

Fusion wear poised for bigger growth with increased brand play

Unique to Indian catwalks, fusion wear is taking over as an innovative solution to changing fashion sensibilities. Global brands are competing with domestic players in mix-n-match apparel segment whose main... Read more

Revolutionising the clothing re-commerce market, some players take lead

Revolutionising the clothing re-commerce market, some players take lead

  As re-commerce, when particularly executed by partners, unleases a low-risk, high-reward market for goods, and offers a straightforward path into a more circular business model, clothing brands are increasingly turning... Read more

Innovation, customisation drives denim demand amongst women

Innovation, customisation drives denim demand amongst women

A plethora of factors such as growing urbanisation coupled with rising incomes in a rapidly growing India has resulted in continued success of women’s denim segment. To leverage growth in... Read more

CMAI Apparel Index : Q2 records lowest ever growth at 0.18, Small brands trailin…

CMAI Apparel Index : Q2 records lowest ever growth at 0.18, Small brands trailing the pack

  CMAI’s Apparel Index for Q2 (July-Sept FY 2018-19) indicates growth has fallen to almost a no growth level and touched 0.18 points. It is the lowest ever, in last five... Read more

Duke’s launches Austria inspired stylish options in sweaters, jackets

Duke’s launches Austria inspired stylish options in sweaters, jackets

Duke sweaters & jackets’ collection for 2018-19 is a gamut of styles in lush fabrics, trending colors, designer patterns and prints, inspired by Austria. The men, women, and kids collections... Read more

Value retail emerges a high profit business across India

Value retail emerges a high profit business across India

While premium brands maintain their exclusive tag by being present only in select stores and places, value retail stores offer high street designs at affordable prices for the multitude. These... Read more

Cambodia’s Tonlé sets sustainability goals for global fashion industry

Cambodia’s Tonlé sets sustainability goals for global fashion industry

The world is being plagued by environmental abuse from all kind of industries. Traditional economies, dominated by the use and throw policy, did not consider the material’s end use. It... Read more

Aiming to spreadout, Madame scouting for a partner in Southeast Asia

Aiming to spreadout, Madame scouting for a partner in Southeast Asia

Women’s fashion brand Madame is updating its sequenced stores in India. The brand’s joint venture with the Spanish unisex brand Camla Barcelona involves importing their products in men’s and women’s... Read more

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