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Brands-To-Retail 29-01-2022

Miniklub, Babywear brand presents its new store in Bangalore

28 January 2022, Mumbai:

About Brand

The one-stop Klub for a thoughtfully crafted range of apparel & accessories for newborns to 6 years, and new mom's!

We believe in better

We are growing

Miniklub, the prominent babywear brand has recently opened its brand-new store in Bangaluru. The store is well located in HRBR Layout & this newly launched store has an array of safe and comfortable apparel pitching it to newborn to 6-year-olds audience.

This marks, Bangalore as a home to MiniKlub's ninth retail location as a milestone. According to the management, it is geared up to meet discernible customers expectations & boasts of well-trained stores staff with soft skills as required & has a very spacious exhibit of many kinds of garments, categories and also to exceed the customer expectations it is completed with a variety of non-apparels at this envious store.

Childlike, yet smart

Products are carefully engineered for style, safety, and comfort of babies and toddlers. As a brand inspired by children, we're all about the little details to maximise every precious moment of childhood.

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Brands-To-Retail 29-01-2022

Manyavar owned by Vedant Fashions IPO to open on February 4, 2022

28 January 2022, Mumbai:

Ethnic apparel retailer Vedant Fashions will launch its initial public offering (IPO) on February 4, Friday. The Kolkata-based company will sell its shares in the range of Rs 824-866.

Vedant Fashions caters to the Indian celebration wear market with a diverse portfolio of brands including 'Manyavar', 'Mohey', 'Mebaz', 'Manthan' and 'Twamev'.

The issue is entirely an offer for sale (OFS) of 36,364,838 equity shares of face value Re 1 each by promoters and existing shareholders aggregating to Rs 3,150 crore at the upper price band. The OFS comprises sale of up to 1.74 crore shares by Rhine Holdings Ltd, up to 7.23 lakh shares by Kedaara Capital Alternative Investment Fund-Kedaara Capital AIF I, and up to 1.81 crore shares by Ravi Modi Family Trust.

Advantages and Disadvantages of Investing in an IPO

The promoters of the company are Ravi Modi, Shilpi Modi and Ravi Modi Family Trust.

Since, the IPO is entirely an offer for sale, the company will not receive any proceeds from the public issue.

At the upper end of the price band, the public issue is expected to fetch Rs 3,149 crore.

Half of the issue size has been reserved for qualified institutional buyers, 35 per cent for retail investors and the remaining 15 per cent for non-institutional investors.

Investors can bid for a minimum of 17 equity shares and in multiples thereof.

As per market observers, Vedant Fashions shares have started commanding a premium (GMP) of ₹105 in the grey market today. The company's shares are expected to list on stock exchanges NSE and BSE on February 16, 2022.

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

CREDITS: ET Republicworld.com MINT

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Brands-To-Retail 28-01-2022

Rupa & Company's Prahlad Rai Agarwala has been awarded the Padma Shri Award

27 January 2022, Mumbai:

The Indian government has bestowed the Padma Shri award to Prahlad Rai Agarwala, Executive Chairman of Rupa & Corporation, a major company situated in Kolkata.

Padma Shri is India's fourth-highest civilian honor. Rupa & Company, one of India's leading knitwear brands, produces innerwear, casualwear, sleepwear, and thermal wear for men, women, and children and has a revenue of over Rs. 1,200 crore.

Only a few veterans of the Indian textile and apparel industries, such as Dr. A Sakthivel of Poppys Knitwear and SP Oswal of Vardhman Group, have received important Padma awards in recent years.

Madhya Pradesh 5 celebrities of to get Padma Shri award in republic day 2022 sdmp | Padma Shri Award 2022: मध्य प्रदेश की इन 5 हस्तियों को मिलेगा पद्म श्री अवार्ड, जानिए

"This honor has unrivaled significance in terms of respect and appreciation of the Chairman's great influence on Indian society as a whole, as well as his vision and efforts."

He has always led by example, from bringing business to a new level to creating many job chances," according to the company. There were nine trade and industry winners among the 128 Padma award recipients this year.

This year's Padma Bhushan recipients are N. Chandrasekaran, Chairman of Tata Sons, Sundar Pichai, CEO of Google, and Satya Nadella, CEO of Microsoft.

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Brands-To-Retail 27-01-2022

Rupa & Company's Prahlad Rai Agarwala has been awarded the Padma Shri Award

Hans Creations increases hand printing capacity

22 January 2022, Mumbai:

Jaipur-based 6-year-old Hans Creations, having its own dyeing, printing and stitching unit, has increased its hand printing capacity three folds and also added men shirts and kidswear in its product portfolio.

Currently, the organisation is offering women tunics for export as well as domestic market and its printing capacity is around 1,500 pieces per day.

The expansion is motivated by clients in domestic as well as overseas markets who insist on hand prints be it block or screen prints, says NitinKoolwal, Director.

Rather than traditional tables of brick for printing, the new tables are made of good quality of iron and smooth functioning of workers and easy material movement has been ensured in the new unit, he adds

The company hopes its business to grow in the next two to three years. Its sampling of kidswear and men shirts is also going good, concludes Koolwal.

Brands-To-Retail 22-01-2022

Hans Creations increases hand printing capacity

Dollar Industries reports revenue for the third quarter

28 January 2022, Mumbai:

Dollar Industries Limited, a renowned garment and hosiery company situated in Kolkata, has released its financial results for the quarter ending December 31, 2021.

Total revenue for Q3FY22 and the first nine months of FY22 was Rs.383.55 crore and Rs.980.05 crore, respectively, compared to Rs.312.44 crore and Rs.729.99 crore in Q3FY21 and the first nine months of FY21, respectively, representing a growth of 22.76 percent for Q3FY22 and 34.25 percent for the first nine months of FY22.

Dollar Industries Limited hosts 27th Annual General Meeting | Global Prime News

While operating revenue for Q3FY22 and the first nine months of FY22 was Rs.382.05 crore and Rs.977.31 crore, respectively, compared to Rs.311.79 crore and Rs.728.64 crore for Q3FY21 and the first nine months of FY21, respectively, representing a growth of 22.53 percent for Q3FY22 and 34.13 percent for the first nine months of FY22.

Similarly, profit after tax (PAT) for Q3FY22 and the first nine months of FY22 was Rs.44.40 crore, or 11.58 percent, and Rs.108.76 crore, or 11.10 percent, respectively, compared to Rs.28.38 crore, or 9.08 percent, and Rs.67.18 crore, or 9.20 percent, for Q3FY21 and the first nine months of FY21, respectively, for a growth of 56.47 percent and 61.89 percent.

"The financial results for the third quarter of FY 21-22 demonstrate that the firm has been able to align itself with its growth trajectory as we have noticed a stronger demand for our products in the market," stated Vinod Kumar Gupta, MD, Dollar Industries Limited.

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Brands-To-Retail 28-01-2022

Tasva opens its second Indian store in New Delhi

25 January 2022, Mumbai:

Men’s traditional wear brand Tasva has opened its second India store in New Delhi. A collaboration of the Aditya Birla Group and courtier and eponymous designer Tarun Tahiliani, the brand offers occasion wear for the modern Indian man at a more affordable price point.

The new store has an off-white interior which highlights the deep jewel tones of its menswear with sherwanis and sets taking centre stage.

It houses decorative globes that denote the brand’s modern, international perspective while classic details such as ornate bird-shaped clothing hooks and window frames highlight its traditional foundation.

The store houses a wide range of wedding attire as well as more everyday pieces. It offers full wardrobe solutions with dedicated sections for accessories, jewellery, footwear, and headwear. Tasva also launched a campaign ‘Sada Mast Raho’ to challenge the social code of conduct that grooms are required to adhere to.

Conceptualized by Taproot Dentsu, it shows how men are asked to limit themselves with regard to their choices, expressions and mannerisms, on their special day.

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Brands-To-Retail 25-01-2022

Tasva opens its second Indian store in New Delhi

Laguna Clothing is launching Aldeno, a high-end shirt brand

23 January 2022, Mumbai:

Leading textile and garment firms are diversifying their businesses in a variety of ways. Laguna Clothing LLP, a prominent shirt maker and exporter situated in Bengaluru, has just launched Aldeno, a premium fashion brand that honors excellent Italian tradition and workmanship.

Aldeno is named after a tiny Italian hamlet named Aldeno, which is recognised for its scenic beauty, hilly terrain, great dining heritage, and superb wines.

"Every shirt that we produce captures the spirit of pleasures from the rich Italian past and magnificent architecture."

Bombay Shirt Company | LBB

"With its Mediterranean environment of hot, humid summers and chilly, damp winters, the city is excellent for developing shirts for all seasons," according to the business. Laguna Clothing LLP, one of India's most prestigious garment manufacturers, is owned by Ciel Textiles, a Mauritius-based umbrella business.

Excellent workmanship designed fit for maximum comfort, rich fabric, world-class design and innovation, and superb customer service are all features of this environmentally conscious company.

The firm stated, "Our ambition for Aldeno is to revolutionize the fashion industry by delivering Italian tailored elegance and to develop a world-class premium luxury fashion brand with unequaled prices." The collections are split into two groups! The Chevalier Club caters to working professionals.

These shirts are made from the finest cotton from across the world and provide all-day comfort and durability. This collection stands out from the crowd because of the uniqueness and quality look of the textiles, which are made with high Italian craftsmanship and are light, stylish, and comfortable to wear.

Buoyant club, on the other hand, is for outside the courtyard – get a laid-back vibe by pairing slacks with buoyant shirts. Buoyant shirts have a high glam quotient thanks to their brilliant colors and world-class craftsmanship. The brand is putting a lot of effort into its market strategies and providing good deals on Amazon and Flipkart.

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Brands-To-Retail 22-01-2022

Kewal Kiran (Killer Jeans) December 2021: Net Sales up Y-o-Y

27 January 2022, Mumbai:

Reported Standalone quarterly numbers for Kewal Kiran Clothing are:

Net Sales at Rs 171.41 crore in December 2021 up 45.21% from Rs. 118.04 crore in December 2020.

Details of Business – Kewal Kiran Clothing Limited

Quarterly Net Profit at Rs. 21.31 crore in December 2021 up 96.22% from Rs. 10.86 crore in December 2020.

EBITDA stands at Rs. 31.35 crore in December 2021 up 74.55% from Rs. 17.96 crore in December 2020.

Kewal Kiran EPS has decreased to Rs. 3.46 in December 2021 from Rs. 8.81 in December 2020.

Kewal Kiran shares closed at 237.15 on January 27, 2022 (NSE) and has given 29.90% returns over the last 6 months and 33.24% over the last 12 months.

**The statistics mentioned in the above articles have been sourced from The Economic Times.

CREDITS: Money Control Equity Bulls

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Brands-To-Retail 28-01-2022

Kewal Kiran (Killer Jeans) December 2021: Net Sales up Y-o-Y

Manyavar owned by Vedant Fashions: IPO gets SEBI approval

24 January 2022, Mumbai:

About Manyavar

One of India's leading celebration wear brands. Providing branded ethnic wear for men and kids and also for women with mohey's collection.

Manyavar's timeless celebration collection includes exquisite Sherwanis, fine Indo-Westerns, Royal Bandhgalas, classic Kurta-Jackets, and matching.

The issue comprises a pure offer for sale (OFS) of up to 36.36 million shares by its existing promoter and shareholders.

KEY HIGHLIGHTS

It is one of India's leading ethnic wear brand
The issue comprises a pure offer for sale (OFS)
Gets nod from SEBI to raise funds via an IPO (initial public offering)
It had filed draft papers with the SEBI in September 2021

Vedant Fashions Ltd, which owns ethnic wear brand Manyavar, has got an approval from the Securities Exchange Board of India (SEBI) to raise funds via an initial public offering.

The firm had filed draft papers with the SEBI in September 2021. The issue comprises a pure offer for sale (OFS) of up to 36.36 million shares by its existing promoter and shareholders.

Manyavar-owner Vedant Fashions IPO: Gets Sebi's nod to raise funds | Zee Business

The OFS has up to 17.46 million shares by Rhine Holdings Ltd; up to 723,000 shares by Kedaara Capital Alternative Investment Fund-Kedaara Capital AIF I; and up to 18.18 million shares by Ravi Modi Family Trust.

Vedant Fashions owner of 'Manyavar' brand files IPO papers with Sebi – IndyaTv News

Currently, Rhine Holdings has a 7.2% stake in the company, Kedaara AIF holds 0.3% stake while the Ravi Modi Family Trust has 74.67% stake.

Manyavar-Owner Vedant Fashions Gets Sebi Nod To Float IPO - India Ahead

Axis Capital, Edelweiss Financial Services, ICICI Securities, IIFL Securities and Kotak Mahindra Capital are the book running lead managers to the issue.

Vedant Fashions is in the men's Indian wedding and celebration wear market. Its Manyavar brand is a category leader in the branded Indian wedding and celebration wear market with a pan India presence. Other brands of the company include Twamev, Manthan, Mohey and Mebaz.

**The statistics mentioned in the above articles have been sourced from The Economic Times.

CREDITS: Money Control ET

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Brands-To-Retail 25-01-2022

Purple United Kids on its way to success

22 January 2022, Mumbai:

As a leading organization in Footwear, Apparels & Accessories, the company envisions to reach every youngster as their first choice, with a strong focus on Product, spreading network, and a firm belief in customer orientation.

Background

Purple United Sales Private Limited (PUSPL), is in the business of Sales & Distribution of Footwear, apparel, and Accessories through E-commerce, modern, and traditional trade channels.

The company is managed by a team of highly skilled and technically qualified professionals with expertise in Designing, Sourcing, Merchandising, Sales, and Business Development.

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Brands-To-Retail 21-01-2022

Purple United Kids on its way to success

Babycare brand 'Baby Amore' to expand operations

27 January 2022, Mumbai:

Babycare brand Baby Amore will expand its omnichannel operations with the funds received from revenue-based financing fintech platform and marketplace GetVantage.

Starting as an e-commerce company Baby Amore ventured into physical retail by opening its first brick-and-mortar store in Chennai. It plans to expand its offline footprint to more metros. It currently retails over 100 brands on its e-commerce platform.

Baby Amore was founded in 2019 by Hameed Imthad and Abdul Wahab

The business plans to use its new funding to augment its brand-building strategy. Baby Amore also plans to link up with international baby care brands and retail them on its platform.

Baby Amore was launched by Hameed Imthad and Abdul Wahab in 2019 in Chennai as a multi-brand baby care platform.

The business subsequently opened its first brick-and-mortar store in Chennai which it operates as a concept store to showcase its brand ethos. Baby Amore plans to reach a store total of 50 by 2022.

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Brands-To-Retail 27-01-2022

Shaye launches 'upcycled collection' for women

22 January 2022, Mumbai:

Ready-to-wear brand Shaye has launched an upcycled clothing line for women designed to provide eco-friendly western wear options for the modern Indian woman.

As per a Fashion Network report, Shaye’s ‘Upcycled Collection’ emphasizes the brand’s commitment to zero-waste fashion The new line features shirts, blouses, t-shirts, and accessories including headbands and scrunchies which are all made from fabric scraps which would have otherwise gone to waste.

It includes the Frida tee, a cropped t-shirt with an unexpected back created entirely from a variety of otherwise-to-be-discarded fabrics; the easy, breezy Adelita Kimono Top, made entirely of scrap fabrics to create a stunning silhouette; or the Viva La Vida Kimono, ideal for layering over just about everything, to add a pop to any outfit.

The Indian-made line has launched on Shaye’s dedicated e-commerce store and prices for garments range from Rs 1,600 ($21.46) to Rs 2,400 and accessories prices range from Rs 350 to Rs 550. The line has a bohemian aesthetic with mixed prints used to highlight the use of fabric scraps and turn it into a design feature.

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Brands-To-Retail 22-01-2022

Shaye launches 'upcycled collection' for women

Aditya Birla Fashion and Retail (ABFRL) to deploy Algonomy’s personalization services

21 January 2022, Mumbai:

Aditya Birla Fashion and Retail (ABFRL) has partnered with algorithmic decisioning platform for retail, Algonomy to deploy its hyper-personalization solutions across its brands.

As per Press News Wire report, ABFRL will leverage the personalization suite to craft truly seamless and 1:1 shopping experiences across all consumer channels - website, app, email and in-store, and across the commerce journey touchpoints for search, browse, product recommendations and content.

The first brand to deploy the personalization suite is Pantaloons. It will be followed by other brands. ABFRL will use Algonomy's flagship products Recommend™, Engage™, Find™ and Discover™ to leverage not just real-time shopper behavior, but also store data to holistically personalize end to end omni channel experience for each shopper.

ABFRL has also launched a Style Finder that lets shoppers specify their categories and occasion and allows them to see either personalized products or try something new.

Algonomy Xen AI, the patented Composite AI decisioning engine, selects the most optimal experience for every interaction in real time, considering the shopper's profile, stage in the buying journey and Pantaloon's goals, around engagement, conversion or revenue.

In addition to popularity, individual behavioral data is also used to influence a shopper's search and browse results, making online shopping cohesive and frictionless.

Brands-To-Retail 21-01-2022