12 May 2022, Mumbai:

Soch is excited to have been featured in LBB, with our most loved and unique top 5 ethnic styles.

With the days now getting longer and the weather much warmer, summer is unquestionably here!

ALSO READ Soch Apparels witnesses strong online growth amid COVID-19 crisis

But with soaring temperatures also come fashion trends for the summer. So, time for you to step out of your boring outfits and hop on the trends of 2022. Luckily for us, Soch has got a new collection for the season, and they've woven in all the current trends be its bold prints, bandhani, or palazzos.

RELEVANT NEWS Soch Group launches 'Not So Pink' women’s workwear label

With floral, paisley, block prints, and colour blocking currently hot off the runways - India and abroad, Soch has added block prints onto their tunics, kurtas, sarees, and more.

Check out the Straight Fit Block Print Kurta for a trendy floral print look. Let out the bold you with the versatile, intricate blend of floral and geometric print which has been doing rounds at runways, with their summer-perfect Coral Cotton Unstitched Dress Material.

Join our community on Linkedin 
CREDITS: Soch Apparels Linkedin (The news article has not been edited by DFU Publications staff).

05 May 2022, Mumbai:

NEXT: Trading Statement – 5 May 2022

ALSO READ British Fashion Council (BFC)/VOGUE DESIGNER FASHION FUND 2022

HEADLINES

● In the thirteen weeks to 30 April, full-price sales1 were up +21.3% versus last year, in line with our guidance for this period.

● We are maintaining our guidance for full-year profit before tax at £850m, which would be up +3.3% versus last year. Guidance for Earnings Per Share of 557.3p would be up +5.0% versus last year.

FULL-PRICE SALES PERFORMANCE BY BUSINESS CHANNEL

Full-price sales versus last year are set out below

Last year, most of our Retail stores were shut for the majority of the first quarter, which is why Retail growth is so strong at +285%.

Conversely, last year Online sales were boosted by Retail closures, which is why we planned Online sales to be down in the first quarter against last year.

Online sales three years ago remained strong and were up +47% versus 2019/20.

The three-year growth of +19.5% is the equivalent of a compound annual growth rate (CAGR) of +6.1%.

RELEVANT NEWS AS BREXIT IMPACTS MARGINS, BRITISH BRANDS EYE GERMANY FOR EXPANSION

SECOND QUARTER TRADING STATEMENT

Our next sales update will cover the first 26 weeks of the year to 30 July 2022 and is scheduled for Thursday 4 August 2022.

Join our community on Linkedin 

CREDITS: Nextplc, UK (The news article has not been edited by DFU Publications staff).

10 May 2022, Mumbai:

TOD’S S.P.A AND RELIANCE BRANDS LIMITED ENTER A MULTI-YEAR FRANCHISE AGREEMENT TO RETAIL THE BRAND IN INDIA.

RELIANCE BRANDS LIMITED (RBL) commences a new journey with the icon of Italian luxury lifestyle Tod’s S.p.A.

ALSO READ Reliance Brands: 6th ‘Designer Brand’ acquisition & counting

With this long-term Franchise agreement, RBL has become the official retailer of the brand across all categories including footwear, handbags, and accessories in the Indian market.

Tod's has been operational in India since 2008 with mono-brand stores in DLF Emporio, New Delhi and Palladium, Mumbai, and multi-brand e-commerce platform Ajio Luxe.

The management of existing channels will be taken over by Reliance Brands Limited and the focus will be on enhancing the brand’s potential in the market and strengthening its digital presence.

RELEVANT NEWS Reliance Brands Limited x Rahul Mishra have teamed together

“Reconciling excellent craftsmanship with a hunger to innovate for the new consumers, Tod’s has crafted a unique space for itself on the global luxury front.

A name that conjures images of luxe leathers and soigné materials, we are thrilled to partner with the brand to uphold its core values of exceptional quality, craftsmanship, and effortless elegance in the Indian market,” said Darshan Mehta, MD of Reliance Brands Limited.

Join our community on Linkedin 

06 May 2022, Mumbai:

“In the first quarter, consumer demand for our brand and products was strong in all Western markets. Our combined sales in North America, EMEA and Latin America grew at a double-digit rate.

ALSO READ Adidas: Focus on its commitment to women

Backed by an exceptionally strong wholesale order book and relentless focus on driving growth in our own DTC channels, we expect this positive development to continue for the rest of the year,” said adidas CEO Kasper Rorsted. “In the East, we will return to growth in Asia-Pacific in the second quarter, while we expect the challenging market environment in Greater China to continue.

With strong double-digit growth in the vast majority of our markets, representing more than 80% of our business, we are well-positioned for success in 2022. “

RELEVANT NEWS Adidas ropes in Manika Batra for new marketing campaign

Currency-neutral revenues decrease 3% despite strong momentum in Western markets.

Revenue growth driven by continued strong momentum in Western markets

Gross margin declines to 49.9% despite lower discounts and first impact from higher prices.

Operating profit of € 437 million resulting in an operating margin of 8.2%.

Net income from continuing operations reaches € 310 million.

Inventories and operating working capital increase.

Adjusted net borrowings of € 3.690 billion.

Outlook for FY 2022 updated to reflect the impact from new lockdowns in Greater China

Despite several external factors continuing to weigh on industry-wide demand and supply, adidas confirms its top-and bottom-line outlook for 2022.

While the company continues to expect currency-neutral revenues to increase by a rate of between 11% and 13%, growth is now anticipated to come in at the lower end of this range due to the severe impact of covid-19-related lockdowns in China.

Join our community on Linkedin 

04 May 2022, Mumbai:

U.S. Polo Assn. has launched our second store in the largest market and the Financial capital of Uttarakhand- Haldwani! The USPA Store is located at Kathgodam Road, Haldwani and the power of this store and brand will be experienced by tourists and localities alike.

The store spans an area of 1200+ sq ft and carries both men’s and kids' lines.

ALSO READ Arjun Rampal is the new brand ambassador for U.S. Polo Assn.

U.S. Polo Assn. is retailed in India by Arvind Fashions. U.S. Polo Assn. is known for its sport-inspired, classic American style and each season the brand takes it a notch higher.

Join our community on Linkedin 

CREDITS: U.S. Polo Assn. (The news article has not been edited by DFU Publications staff)

09 May 2022, Mumbai:

PUMA x Modibodi launch NEW leak-free active underwear range to help keep you moving on your period.

Modibodi, Australia's original leak-proof apparel brand, and sports company PUMA have launched their highly anticipated NEW leak-free active underwear range.

ALSO READ Modibodi partners with Canopy in its ‘Pack4Good’ campaign

Made to keep you moving, the Puma x Modibodi Active Underwear range keeps you protected and dry so you can work out without limits – or leaks. Designed as a sports essential, the new collection comes in three styles: Active Brief, Active Thong and Active Boyshort.

So, whether you're hitting the soccer field, netball court or training for a black belt in Karate, the PUMA x Modibodi range will have you covered! Crafted from innovative recycled polyester which is smooth and stretchy.

RELEVANT NEWS PUMA EXTENDS W SERIES PARTNERSHIP AND SIGNS EMMA KIMILÄINEN FOR 2022 SEASON

Each pair features Modibodi’s signature moisture-wicking Modifier Technology™ which wicks away moisture and sweat, locks away fluid and odour, and keeps you feeling fresh and dry, replacing disposable pads and tampons...for good.

Features include a comfy wide logo waistband, sporty mesh panels, and anti-odour and antimicrobial treatments to keep you feeling (and smelling) fresh while you run spin, and gym.

Join our community on Linkedin 

04 May 2022, Mumbai:

*Another year. Another recognition. 

One of India’s most popular premium denim and lifestyle brands, Pepe Jeans has done it again.

ALSO READ D2C market is driven by Gen Next entrepreneurs

For about 30 years, the Indian subsidiary of Pepe Jeans relied largely on partners and intermediaries to reach consumers.

“We want to cultivate a personal relationship with consumers, and communicate directly with them,” says Kapoor. 

RELEVANT NEWS Aditya Birla Fashion and Retail (ABFRL): To consolidate D2C play eyes at multiple digitally native brands

ABOUT PEPE JEANS

Launched in London in 1973 Pepe Jeans entered India in 1989. The brand offers the most varied denim range though it has also diversified into casual wear for men, women, and kids. The product range includes accessories, footwear, and innerwear for men.

Join our community on Linkedin 

Credits: *Pepe Jeans