04 February 2022, Mumbai:

H&M, the world's largest fashion store, is offering home furnishings in India. H&M India has announced the opening of H&M Home in March 2022, which will include a digital shop on hm.com and an e-commerce network called Myntra.

H&M Home will also be offered through a shop-in-shop model at H&M India's current location in Ambience Mall, Vasant Kunj (Delhi).

H&M Home was founded in 2009 and is noted for its fashionable home décor and accessories. The collection includes everything from high-quality bedlinen and classic tableware to a diverse selection of fabrics, all with a focus on modern style and attention to detail.

H&M Home now has 350 shop-in-shops and 27 freestanding stores across the world, with physical locations in 52 markets. "We are happy to finally announce our imminent debut in India, and we can't wait to let our Indian clients in New Delhi and online experience H&M Home," said Ida Lindahl, General Manager at H&M Home.

India is a fascinating and attractive market with a lot of promise, and we're thrilled to be able to match its tremendous demand for inexpensive, high-quality interior design."

"Following a fantastic year in 2021, we are extremely happy to start the year with the introduction of H&M Home in India," says Yanira Ramirez, Country Sales Manager, H&M India. Interiors and design are popular, and our consumers have frequently requested interior items that adhere to H&M's corporate philosophy of "fashion and quality at the best price in a sustainable way."

We see a lot of potential in India and are excited to introduce H&M Home to both existing and new consumers." It's worth noting that H&M built its first store in India in 2015 as part of the FDI route for single-brand retailers, and now has 50 locations.

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*Figures mentioned in the above article have been sourced from Apparel Resources article.

 27 January 2022, Mumbai:

Following pandemic-related postponements, the India International Fashion Jewelry and Accessories Show has announced new dates. The trade event will take place in April in New Delhi and September in Mumbai.

Radiaant Expositions Limited, the event organizer, announced on Facebook that the IIFJAS would take place from April 15 to 17 at the Pragati Maidan in New Delhi. Traditional and western style jewelry, bridal jewelry, fashion accessories, raw materials, and packaging items will be among the product categories featured at the trade expo.

The trade fair was initially slated to take place at the Pragati Maidan in New Delhi from January 29 to 31. However, the organizers decided to postpone it due to an increase of Covid-19 cases in the city and consequent government limitations. Covid-19 health and safety procedures will be in place for the forthcoming edition, in accordance with local requirements at the time.

According to the event's website, Saloni Fashion Jewelry, Nikita Plus, Sjnx Brand Satyam Jewelry, and Blue Petel Diamond are among the sponsors. IIFJAS has also introduced the 'IIFJAS Marketplace,' a business-to-business software that allows jewelers to network with buyers and distributors, build business ties, and streamline transactions.

The Google Play Store and the Apple App Store both have the app. In 2022, the IIFJAS will return to Mumbai. The trade expo will stage an edition to commemorate its 16th year in the city from September 22 to 25.

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03 February 2022, Mumbai:

Titan Company on February 3 reported a 135.6 percent year-on-year growth in net profit to Rs 987 crore for the quarter ended December, sharply beating analysts' estimate of Rs 847 crore.

The consumer discretionary company reported a 30.6 percent on-year growth in revenue from operations to Rs 9,515 crore, which was also above Street's expectations of 9,337 crore.

 

"The festive purchases in the quarter have driven Titan's strong growth in all businesses of the company and the quarter has turned out to be one of the best quarters in terms of growth and profitability," Managing Director CK Venkataraman said in a press statement.

Besides the festive period, Titan also benefitted from the record wedding season in the country in the previous quarter as the reopening of the economy post the second wave of the pandemic allowed people to undertake weddings that were delayed.

The jewellery business of the company jumped 37 percent on-year to Rs 8,563 crore in the reported quarter. The watches and wearables business of Titan posted a 29 percent on-year growth in sales to Rs 708 crore, while the eyewear operations grew 26 percent.

**The statistics mentioned in the above articles have been sourced from the following sources. 

CREDITS: Money Control cnbctv18.com ET

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03 February 2022, Mumbai:

Kimirica has launched its flagship store at Mumbai’s T2 International Airport. This exclusive store is positioned to target discernible customers on the go/ travellers looking to indulge in the luxury experiences of wellness, personal and body care.

The firm is Co-founded by Kimi Jain & Rica Jain.

The store placement is directed at an easy accessibilityupwardly mobile customers and the entire experience & ambience is curated & designed in a fashion that customers should be engaged & lured to get a full view of all the productline in entirety in the first instance itself.

The brand product range goes like several niches like bath, body, and skincare.

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31 January 2022, Mumbai:

IIJS Signature 2022, the most-awaited jewellery event of the first half of the year, has been now rescheduled to be held from 18th – 21st February at Bombay Exhibition Centre Goregaon, NESCO.

The show was initially scheduled in first week of January 2022, but Council decided to postpone the show due to surge in Covid-19 cases at that point of time.

Colin Shah, Chairman, GJEPC, said, “IIJS Signature is an important jewellery show of the calendar, which caters to the sourcing needs of Gem & Jewellery retailers and wholesellers from across the world.

GJEPC is encouraged by the fact that more than 871 exhibitors are participating in the show, occupying 1,472 booths. More than 12,000 visitors have already registered for the event, which indicates that the market is yearning for design innovation and refilling their inventory.

Shailesh Sangani, Convener, National Exhibitions of the Council stated that "IIJS Signature was planned in early January, however due to the pandemic scenario in India that were beyond our control, the show had to be postponed.

Now, as the Covid cases are receding in Maharashtra and circumstances seem favourable, we are all geared up to organise the show from 18th to 21st February at NESCO. We are fortunate to have the support of our exhibitors and visitors, whose participation makes this show a grand success every year.”

Colin Shah, Chairman also informed that “The industry has recovered well from the pandemic low point, and we are expecting to close the fiscal year on a positive note with exports of close to USD 41.67 billion, and IIJS Signature will give the industry the required boost in the final quarter.”

IIJS Signature 2022 will have well-defined and simplified product sections which include Gold & Gold CZ Studded Jewellery; Diamond, Gemstone & Other Studded Jewellery; Silver Jewellery, Artifacts & Gifting Items; Loose Stones, and Laboratories & Education.

GJEPC will follow all Government-mandated Covid-19 protocols to ensure the safety of all concerned. All attendees are required to comply with covid safety protocols as per the State Government norms.

GJEPC will maintain highest level of hygiene standards in the entire exhibition area. There will be mandatory thermal scans and hand sanitization at the entry points. Entry will be permitted only to visitors with at least two vaccine doses. 

CREDITS: GJEPC

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28 January 2022, Mumbai:

Tata Cliq recently introduced athletic footwear brand 'Hoka One One' to Indian upwardly mobile discernible customers launching it on its e-commerce platform Tata Cliq Luxury.

ABOUT BRAND

WHO WE ARE

At HOKA, our goal is to inspire people to move. We want to empower all athletes to act fearlessly and creatively, to drive forward with purpose and passion – and with an “always-on” mindset for innovation and thinking outside the box, we craft bold and unexpected new solutions for athletes of all types.

We aim to amplify voices and help provide access to running, walking, fitness and the outdoors. We believe everyone is an athlete. And however you find joy in movement, HOKA has your back.

"Radical change often comes about in trying to solve a simple problem Our original goal was to improve endurance race times by designing a shoe

to go downhill faster In doing so, we inadvertently reinvented the running shoe."

HOKA Co-Founders Jean-Luc Diard and Nicolas Mermoud.

About-Tata CLiQ

At Tata CLiQ, everything you see is Hand-piQed and 100% AuthentiQ – sourced straight from the best brands and their authorised resellers from India and across the world, just for you.

Begin your journey online with one of the fastest growing, e-commerce brands in the country and have a seamless online shopping experience. Immerse yourself in the joy of browsing through the best Indian and international brands in fashion, luxury, electronics and jewellery.

Then go offline with us. Tapping into our strong brand partner network, our flexible Phygital experience combines the ease of shopping online with the reassurance of buying from a brick-and-mortar store.

Use our ‘CLiQ and PiQ’ and ‘QUiQ Exchange’ services to pick up or return what you’ve bought, in-store across a pan-India network of more than 1,600 stores and over a hundred partner brands.

CREDITS: TATA CLIQ HOKA

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25 January, Mumbai: 2022

A customer-to-customer shopping event The Haat has announced revised dates for its Kolkata event, which will now take place at the city's Ice Skating Rink from February 3 to 7.

The event organizers said on Facebook that the fashion and lifestyle expo would showcase product categories such as womenswear, menswear, children's apparel, sarees, handloom textiles, handbags, accessories, homeware, craft goods, and gift items, among others.

For the spring wedding season, the event will also include a broad range of bridal clothes, bridal jewelry, wedding guest attire, and other wedding-themed goods.

The festival was originally slated to take place at Kolkata's Ice Skating Rink in Ballygunge from January 13 to 16.

However, because of an increase in Covid-19 instances and more tight local retail regulations, it had to be postponed. The event's organizer declared on Facebook that "The Haat stimulates you to learn more about fashion."

"Come see the unique shopping display, which includes everything from wedding jewelry to traditional fashion statements and the regality of the bridal trousseau."

The Haat is intended to introduce new audiences to Indian-made items and local up-and-coming companies, allowing these brands to expand their reach and allowing buyers to discover new labels and products.

The forthcoming version of the event will be held with all Covid-19 health and safety safeguards in place, as required by local legislation.

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