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'Go Fashion' IPO Opens Today

16 November 2021, Mumbai:

Go Fashion India Limited is set to open its maiden initial public offer, or IPO, on Wednesday, November 17. The Rs 1,013 IPO will be open for six days instead of the usual three days, since November 19 is a national holiday. The Go Fashion IPO will close on November 22.
 
The company, which owns Go Colors, is engaged in the development, design, sourcing, marketing, and retailing of a range of women’s bottom-wear products under the brand, ‘Go Colors’. The company has already mopped up Rs 56.12 crore from 33 anchor investors, and now 66,10,492 shares will be up for bidding.
 
The top anchor investors include the Government of Singapore, Monetary Authority of Singapore, Nomura, Abu Dhabi Investment Authority, Fidelity, Neuberger Berman Emerging Markets Equity Master Fund, University of Notre Dame Du LAC, and Volrado Venture Partners Fund II

Go Fashion IPO Details

The Go Fashion IPO, open between November 17 to 22, comprises fresh proceeds worth Rs 888.60 crore and an offer for sale (OFS) worth Rs 125 crore. The price band for the initial public offer is Rs 655-690 per equity share. The company will not receive any proceeds from the OFS part of the offer.

The lot size of the maiden public bid has been fixed at 21 equity shares and in multiples of 21 shares thereof. This means that retail investors can invest a minimum of Rs 14,490 per lot in the IPO. The maximum price of one lot can go up to Rs 1,88,370 for 13 lots. Retail investors can invest up to Rs 2 lakh in the initial public offer. news18.com

(The news article is not edited by DFU Publications staff)

Tarsons Products IPO GMP, Subscription Status, Key Strengths; Should You  Subscribe? 

 

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

 

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 'Go Fashion' IPO Opens Today

Page Industries (Brand Jockey) reports Q2 results

Page Industries (CMP: Rs 40,141; Market cap: Rs 44,773 cr) has posted the best-ever quarterly performance for the three months ended September 2021.

Page Industries Q2 Results: Net Profit Jumps 45%, Beats Street Estimates;  Revenue Up 46%

The demand outlook remains strong with the emerging segments (inner-wear, athleisure, and kids) expected to be the growth drivers, given the encouraging response and strong brand stickiness of the company’s flagship Jockey brand. Money Control

(The news article has not been edited by DFU Publications staff)

 

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TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

 

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Page Industries (Brand Jockey) reports Q2 results

MS Dhoni's first-ever 'Green Fashion Endorsement' with Indian Terrain clothing brand

16 November 2021, Mumbai:

Former India skipper Mahendra Singh Dhoni aka 'captain cool' is all set to take a leap into sustainable living with his first-ever green fashion endorsement. 

MS Dhoni has been roped in by men’s brand 'Indian Terrain' to create awareness about sustainable clothing through its collection that features Dhoni sporting a wide range of casual, sleek, and well-fitted clothing that is ethically manufactured by the brand.

MSD will be the face of their campaign and will be giving sustainable fashion, which is on the rise, a 'cool' twist with his ultra-stylish and suave personality. 

Dhoni’s association with the men’s brand marks the cricketer’s first-ever green fashion endorsement.

Fashions change, Forests stay. - PEFC - Programme for the Endorsement of  Forest Certification

The uber-cool Indian cricketer has been the face of numerous campaigns carried out by big international brands and giants in the consumer retail space like Cars24, RedBus, Colgate, GoDaddy, Oppo, Indigo Paints, Netmeds.com, Dream11, to name a few. TimesNowNews.com

(The news article has not been edited by DFU Publications staff)

 

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

 

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MS Dhoni's first-ever 'Green Fashion Endorsement' with Indian Terrain clothing brand

Go Fashion 'GoColors IPO' scheduled between November 17-22, 2021

12 November 2021, Mumbai:

Go Fashion, the women's bottom-wear products maker under Go Colors brand has decided to launch its initial public offering for subscription on November 17. This would be the second public issue getting launched next week after Tarsons Products.

The price band and the lot size will be disclosed by the company in the coming days. The offer comprises a fresh issue of Rs 125 crore and an offer for sale by promoters and investors.

The price band and the lot size for IPO will be disclosed by the company in the coming days. The offer will close on November 22.

The offer comprises a fresh issue of Rs 125 crore and an offer for sale by promoters and investors.

Promoters PKS Family Trust and VKS Family Trust will sell up to 7,45,676 equity shares each via an offer for sale. Among investors, Sequoia Capital India Investments IV will offload 74,98,875 equity shares, India Advantage Fund S4 I will sell 33,11,478 equity shares, and Dynamic India Fund S4 US I has put up 5,76,684 equity shares for sale in OFS.

The net proceeds from the fresh issues will be utilised for funding roll out of 120 new EBOs (exclusive brand outlets), and working capital requirements. Money Control

(The article has not been edited by DFU Publications staff)

Go Fashion IPO to open on November 17 | Business News,The Indian Express

 

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.  

 

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

 

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GoFashion

Indian Terrain, a first for a clothing brand to get 'Fairtrade stamp'

16 November 2021, Mumbai:

'Indian Terrain' a leading Apparel brand has recently launched a line of T-shirts, currently for its men’s and boy’s wear, which will be supported with 'The Fairtrade stamp', and becomes the first Indian Hi-Street clothier.

It is expected to appeal to discerning consumers who shop their values as in USP giving it an edge over the competition

Fundamentally it is a seal of sustainability in the supply chain principally 'end-to-end production process of a product',

The FAIRTRADE Mark is a registered certification label for products sourced from producers in developing countries. It appears on products as an independent guarantee that a product has been produced according to Fairtrade political standards. Fairtrade Standards contain minimum requirements that all producer organisations must meet to become certified.

Fairtrade Mark is the certification seal of International's rigorous Standards. As the caveat, this London-headquartered organisation has put out on its website, “It is all about better prices, decent working conditions, local sustainability, and fair terms of trade for farmers and workers in the developing world.”

International Fairtrade Certification Mark - Wikipedia

 

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

 

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Indian Terrain, a first for a clothing brand to get 'Fairtrade stamp'

Reliance Retail Ventures Limited (RRVL) acquires lingerie brand 'Amante from MAS Holdings'

12 November 2021, Mumbai:

Reliance Retail has fully acquired the Amante lingerie brand from its Sri Lankan owner 'MAS Holdings' for an undisclosed amount, the Colombo-based textile company said in a press release on Friday.

Reliance Retail acquires amante lingerie brand - The Economic Times

MAS Holdings said Reliance Retail Ventures Limited (RRVL) has “acquired 100% of the retail lingerie businesses under the ‘Amante’ umbrella brand from MAS Brands,” the company said in a statement.

Buy Pink Bras for Women by Amante Online | Ajio.com

Amante is the latest in a string of acquisitions by Reliance Retail including online pharmacy Netmeds, furniture, and home decor retailer Urban Ladder and the digital lingerie seller Zivame and online grocer MilkBaset among other businesses as Reliance Retail seeks to further consolidate its position in India’s $850 billion annual retail markets that is expected to surpass $1 trillion mark in the next few years. ET

(The news article has not been edited by DFU Publications staff)

Reliance Retail Takes Hold of 'amante' from MAS Brands

 

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.  

 

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

 

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Reliance Retail Ventures Limited (RRVL) acquires lingerie brand 'Amante from MAS Holdings'

EROTISSCH by AAKAR Intimates: A brand to watch out for

11 November 2021, Mumbai:

Aayuushi Agarwal, a professionally trained fashion designer, and Anushka Agarwal, a Fashion Stylist & Photographer with hands-on expertise in lingerie product designing & development. In short Co-Founders have hands totally on desk. Started way back in 2019 for the women on the go under the entity of Erotissch.

Aakar Intimates

Our unique brand philosophy forms the basis of what Erotissch is focused on a target audience between 18-to-35-year-olds for working women wearing many hats.

The brand is into nightwear and intimate wear apparel manufacturing dealing with lingerie, enjoying a speciality in making lacy lingerie with lacey panties and lacey bras. The nightwear line will include a zero-waist Kaftan line. Besides being in beachwear, swimwear, loungewear, masks, and other accessories. The highlight of our product line includes inclusivity as we cater up to XXL which can go up to 6XL.

Erotissch fundamentally stands for immensely versatile and vibrant merchandise known for its designs & visual appeal. in the given trade segment.

Anu's Styling journal - Posts | Facebook

One of the key growth drivers is our masks and accessories categories where our masks are made out of the waste fabric created out of the products we had made earlier. In fact, we utilized a lot of the waste material by creating masks during the first wave of Covid to optimise our resources and our commitment to the environmental impact of our business. This way, we are trying to be a zero-waste business enterprise by being a sustainable ethical fashion brand.

We have set international quality standards before us by using European laces and inputs used by companies such as Triumph and La Senza of the world besides being conscious of buying directly from the manufacturers. Our QC and Design team works on zero quality tolerance.

The brand boasts of being present widely across prominent online marketplaces, including Ajio, Myntra, Amazon, Flipkart, Shoppers Stop, Little Black Book, and additionally it has its own E-commerce. Looking seriously at expanding physical footprints to consolidate brand availability, access, and visibility.

 

 

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.  

 

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

 

Return to homepage

EROTISSCH by AAKAR Intimates: A brand to watch out for

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