TOP NEWS
Amazon-Future feud sparks foreign vs local debate
The legal spat between Amazon.com Inc and Reliance Industries over the Reliance-Future deal has invoked a xenophobic fervor amongst watchers by sparking a foreign vs local debate. Amazon has accused the Future Group of violating a contract by agreeing to a sale to the Mukesh Ambani controlled Reliance Industries. The dispute has reach... Read more
Festive sales reach 65 per cent pre-COVID growth levels
This festive season, sales of major fashion brands touched 65-70 per cent of their pre-COVID levels. While overall trend through the COVID period was towards casual wear, consumers shopped bit for occasion wear too, says Siddharth Bindra, Managing Director, BIBA. Bulk of the festival sales came from Tier II-III-IV markets... Read more
Second wave threatens post-festive demand for apparels
As the second wave of COVID-19 threatens to devastate India’s top cities, consumer goods manufacturers are closely monitoring its impact on post-festive demand. Retailers of apparel, electronics and packaged consumer goods’ expect current demand to continue till December before subsiding in the last quarter of this f... Read more
Required: An urgent resizing of Indian sizing charts
In January this year, the Kerala government introduced a ‘fat tax,’ on certain food types not suitable for consumption. The tax aims to curb consumption of unhealthy foods in India. In fashion, especially couture, the tax refers to the practice of charging extra for clothes in bigger sizes. Fat tax helps designers, ... Read more
Apparel industry celebrates a lackluster Diwali as companies shy away fro…
For the Indian apparel industry, Diwali was not a fun affair as it used to be till last year. As per Apparel Resources, around 40 to 45 per cent factories of North India didn’t give any bonus or ‘considerable’ gift to their professionals, while many factories gave almost half amount compared to last year.... Read more
Consumer confidence to boost spending across categories: McKinsey
As per a new McKinsey survey, Indian consumers’ newfound optimism would result in increased spending across categories in the months to come. The survey found most consumers have been trading down or buying less expensive goods while they go for a shopping. Also, the brand loyalty has gone for a toss. However, the i... Read more
Retail sales expected to increase: Indian Terrain
In a recent media interview with exchange4media.com, Charan Narsimhan, Managing Director, Indian Terrain has said, he expects the retail industry to improve slowly and with the festive season, sales are expected to increase to a good extent. Even though footfalls in stores has been low, there is reasonable demand and conve... Read more
Puma to expand store network in India
Sportswear brand Puma plans to open around 10 brick-and-mortar stores in India in the coming 45 days as well as a number of shop-in-shops, reports Fashion Network. These Pop-up stores will help the brand build relationships with customers even after the pop-up leaves the society, said AbhishekGanguly, Head- Puma’s I... Read more
Spykar revolutionizes men’s underwear category with Underjeans
Spykar is introducing a revolution in the men’s underwear category with their latest launch – Underjeans; innerwear with the soul of jeans. Through this innovation, Spykar endeavors to recreate the same phenomena for the most neglected, unspoken and the most taken- for- granted garment in a man’s wardrob... Read more
Reliance shakes up Indian e-commerce space with JioMart
Shaking up an industry currently dominated by Amazon and Flipkart online services, Reliance plans to expand into the e-commerce space with Jio Mart, a direct-to-consumer website. Already, Reliance’s portals offer almost 50 per cent discounts on popular sugary confections and other holiday staples. Its Reliance Digital webs... Read more
Women’s clothing sees higher sales this Diwali
Women’s clothing is seeing more traction and sale as against the men’s this Diwali, says a Business World report. Men are buying significantly less this time as compared to their traditional buying habits. More women are going for shimmers and also opting for leather-based clothing. While online sales have pick... Read more
Lifestyle brands up their digital quotient as festive season boosts deman…
With businesses picking up over the last few weeks, apparel and lifestyle retailers expect a boost in sales in the upcoming festive season. They expect the upcoming Diwali and wedding season to help them perform better than the lockdown period though full recovery in not expected at least for the next six months. Deepak Bansal,... Read more
India’s denim production grows at 15% CAGR
Denim production and consumption in India is increasing at a CAGR of 15 per cent, says a report by Business of Fashion and McKinsey. The pandemic has challenged the fashion sector in the nation. Executives from three Indian denim mills shared their views on the current denim industry at a Carved in Blue webinar recently. Aamir ... Read more
Amazon, Reliance need to collaborate for a better future
Indian e-commerce battle has heated up with Seattle-based Amazon and Reliance Industries fighting over a $3.3 billion deal signed by the Mukesh Ambani-owned firm with the Future Group. The deal, which gives Reliance access to Future’s grocery stores and retail shops in India, is being challenged by Amazon in the Singapore ... Read more
Athletic leisurewear seeing strong demand: Puma India
Abhishek Ganguly, General Manager (India & Southeast Asia), Puma India believes athletic leisurewear is seeing strong demand with work-from-home becoming a norm. The brand’s sales in the initial days of reopening stores exceeded expectations and footfalls have been growing steadily since. Its e-commerce business ... Read more
52% Indians hopeful of sales returning to pre-COVID levels in six months:…
A CBRE Asia Pacific Research survey covering 205 retail clients underlined that 52 per cent of the respondents from India are hopeful of sales returning to the pre-pandemic levels in more than 6 months. The global survey, held between 21 September and 20 October, mentioned in its report that fewer than half of respondents... Read more
India to be the next global e-commerce market
Proving to be the black swan event, COVID-19 has given a massive fillip to the e-commerce sector in India. Reports suggest, the Indian e-commerce market contributes roughly about 4 per cent to the GDP. It is a fast evolving trend that has encouraged many foreign businesses to expand operations in India. The sector has also creat... Read more
Tablez India targets Rs 500 crore turnover in 5 years
Multi-brand retail Chain Tablez India aims to achieve a turnover of around Rs 500 crore and expand its network to around 250 stores in India over the next five years, says an Economic Times report. A subsidiary of the UAE-based conglomerate Lulu Group, Tablez India currently operates 67 stores. The retailer plans to inves... Read more
Direct-to-consumer brands in focus as they target $100 billion turnover b…
Avendes Capital, the leading investment banking arm of financial services firm Avedus Group expects, COVID-19 related restrictions will prompt consumers to discover new Direct-to-Consumer (DTC) brands that may collectively achieve $100 billion turnover by 2025. In fact, over 600 DTC brands have entered Indian market since 2016. ... Read more
Fashion e-commerce evolves as festive sales surge
Indian fashion e-commerce space is going through an evolution as top e-tailers Flipkart, Myntra, Amazon and Reliance Retail are entering new partnerships with offline retailers. As per reports, online retailers are doubling their investments in athliesure and comfort wear by adding new value-focused brands and private labels on ... Read more
Online winterwear sales up 40 per cent
Online platforms are witnessing an increase of up to 40 percent year-on-year (YoY) in demand for winter wear. IS.U (pronounced as Is You), a homegrown apparel brand which also has its own online platform, has seen 35 to 40 per cent growth in lounge wear category which includes sweatshirts and pants this winter. Similarly,... Read more
Festive season to boost pent-up demand: RAI
At a webinar organized by the Retailers Association of India, retailer hoped to make up for their losses in the lockdown, with sales during the festival season. Arunkumar Nath, CEO, Levi Strauss & Co, said, Indian consumers are occasion led shoppers. Around 97 percent of them go out to shop when there is some occasion... Read more
Spring-Summer Collections 2021 to fetch Rs 15,000 cr revenues: Analysts
As per industry analyst, the Spring-Summer collections 2021 -- between February and June --- will fetch the industry at least Rs 15,000 crore, higher than the Rs 10,000 crore of a usual year, considering the lag throughout the year. Around 600 garment export units had closed and the units in Noida suffered a collective lo... Read more
Designers face new reality as they ramp up business model
Every year countless small, independent designers and brands across the country eagerly wait for two of India’s biggest shopping weeks the India Fashion Week and Lakme Fashion Week. However, this year, things are different as designers face the stark reality of a changed business scenario post pandemic. The two shows took a digital ... Read more
Online shoppers to increase to 70% this festive season: RedSeer Consultin…
COVID-induced online adoption will be driving the rise of internet shoppers this festive season. According to a RedSeer analysis, there would be around 70 per cent increase in online shoppers to 45-50 million during October sale this year from 28 million last year’s. The gross merchandise value for marketplaces durin... Read more
Indian e-commerce to hold 8% share in retail by 2025
According to a recent report by e-commerce SaaS platform Unicommerce, Indian e-commerce is growing at a steady pace and is projected to hold an 8 per cent share in the overall retail category by 2025. As per the report, e-commerce order volumes increased by 31 per cent in the July-September quarter as compared to the same... Read more
Domestic retailers eye festive season as online sales and relaxations boo…
AUDIO: Your browser does not support the audio element. Ratings agency Icra estimates Indian apparel exports will decline 20-25 per cent in 2020-21. Due to the COVID-19 pandemic, the agency expects domestic revenues to decline by 30-40 per cent. To recover from this downtrend, apparel players bank on the upcoming festive seas... Read more
COVID-19 changes Indian e-commerce as players break language, service bar…
AUDIO: Your browser does not support the audio element. Nothing can dampen Indian festive spirit. Despite COVID-19 triggering an economic slump, retailers expect this year’s festive season to be a boom period of the Indian e-commerce sector. Recent reports suggest, Indian e-commerce sector is expected to clock in revenu... Read more
Average monthly rentals in Delhi’s upscale retail locations decline by 14…
According to Cushman & Wakefield, the average monthly rentals in Delhi's upscale retail locations of Khan market, South Extension and Connaught Place declined by 14 per cent year-on-year during the July-September period. According to the data, rentals in malls were stable during the period. At present, malls in South ... Read more
Brands, retailers seek a phygital growth model amid COVID-19 crisis
Realizing the significant impact that COVID-19 crisis will have on their businesses, Indian retailers are seeking new capabilities to leverage the phygital business model. Combining the advantages of both the physical and digital mediums, phygital model offers consumers a wider range of options besides enhancing their shopping e... Read more
WEBINAR SERIES
LEADERS SPEAK
‘Night suits is a big opportunity because it can be a long term game’
Akhil Jain, ED, Madame
“Since May some of our operations have resumed. Lounge wear, pajamas and athleisure used to be only 2 per cent of our overall business but in the three and a half weeks since we opened, this category has made up 33 per cent of the entire business we have done. Be it offline or online sales or demand from excising multi-brand outlets or distributors, the only products everyone is asking for are: pajamas, lounge wear or nightsuits. We see demand for basic athleisure wear and not fancy ones. It’s a small category for us. Also, there are not many players in the organized sector in India but in the unorganized sector, it is a big category.
Read Full Interview Here
‘With less business, retailers should reformulate cost structure, focus on increasing savings’
BS Nagesh, Founder, TRRAIN
“We are not sitting at home with the intention of closing our business. We will all reopen our businesses. So, the first attitude is, we are going back to our business and will take it to the next level. Secondly, we will have to analyze our previous work and behaviour with customers in the last 5 to 10 years, if our attitude was that of ‘you are just a customer’ and ‘I don’t care’ previously then be assured your customer will never come back. The people or brands who have already created trust with customers will be the early winners according to me. At this time, those who are in competition need to introspect their future dealings and elements related to it. To create this trust today, no one has a magic wand because we are unaware of customer’s demand, choice and when they come in, we will not work on our KPI’s because we don’t know what the customer wants. It is all guess work.”
Read Full Interview Here
‘Retailers have to enhance consumer engagement by focusing on relation building and communication’
Hemant Jain, Director, KKCL
“I don’t feel business will decline forever. It will decline but for a short while. Like in cricket, the game is not over if it is hindered by rains, only some overs are reduced but the score remains the same and in order to square the score players focus on hitting the ball to the boundary or over the boundary. Similarly we will have to focus on our ticket size. So if the ticket size grows maybe we will sustain but our priority should be hygiene and safety and we have to convey this message to our customers, that if you walk in to our stores it is safe. So, if we can communicate a sense of safety to our customers maybe retailers will be able to sustain their business.”
Read Full Interview Here
‘We also need to sanitize merchandise at regular intervals’
Vipul Mathur, Business Head, Udaan.com
“Can you move a part of your store online. Can you get to the same degree of sales without getting as many customers as you used to in stores. Is that possible? Can you do home delivery for people to feel safer. If you are an apparel retailer you might have to go places, can you avoid going there and use alternative sourcing methods. If you do all these then three things will happen: you will remain safe, employees will remain safe, customers will remain safe. Their being safe over time they can buy goods without any mishap. Practiced over time this will see business grow.”
Read Full Interview Here
‘COVID-19 is teaching Indian consumers to be restrained in their spending’
Rakesh Jallipally, Chief Operating Officer, U.S. Polo Association and Flying Machine
“Right now people are looking at essentials like staples and household supplies. That is at the top of their list. Apparel or fashion may be fifth or sixth item on the list. But all said and done from our personal experience, we have opened a few stores since and seen there is demand, people are coming in. Indeed, walk-ins are less but whoever has come in are decisive and buying. The world is not over according to me for apparel or fashion retail. There is enough optimism. Basically we need try to and reach out to our consumers because there is a need. It might be latent at this point of time because it is not essential but if we keep reaching out to them I’m sure demand will come back though it might take some time.”
Read Full Interview Here
‘If we overcome the fear our business will slowly come back to normal’
Manohar Chatlani, Chairman and Managing Director, Soch
“I think we have overestimated the prospective of this virus (COVID-19) to do harm. It is not as deadly or as dangerous as we think. It spreads faster than any other virus we have known so far. If we can overcome this fear, business will slowly come back to normal. Besides sanitizing and cleaning stores the government will have to think about public transport where people have the confidence to use them. Of course, to attract customers we will have to offer good discounts that are better than online discounts and newer merchandise than online. It is a question of time as public memory is short and things should become normal fast. I am hopeful.”
Read Full Interview Here
“Discount retailers and value-oriented brands stand to win”
“Consumer spending is dramatically curtailed during a recession. Consumers have adopted short-term behaviour during the pandemic that in many cases will become permanent, as a lesson learned from such unprecedented occurrences. Not only do consumers become more financially conservative but also credit may become less available and a large cohort may go into default on their debt, dramatically limiting purchasing power. Consumers will wake up from the pandemic in a new economic reality, changing their commercial behaviours in extreme ways.Read Full Interview Here
‘It will be very tough now and might take six months to be normal’
“Year 2020 scenario is the first time manufacturers have faced such a huge challenge. If they achieve even 60 per cent of sale compared to last year, it will be a great achievement and I presume that 20 per cent of manufacturers and brands will be wiped out. This is a big concern and the government needs to play an active and important role in this. The government has to understand the garment and textile industry is the second largest after agriculture and employs a huge amount of labor from all sections of the society. Hence, the government has to think exclusively for MSME’s and textile and garment industry, like restriction of customs on import, large format stories to source only from Indian market etc.” Read Full Interview Here
“The elephant in the room is cash-flow management and crisis management”
"The elephant in the room is cash-flow management and crisis management. For cash-flow management, except exemption package to file returns or reduction of interest on delayed payment, there is very little the government will do at this stage given the huge fund requirement and reduction in tax collection with bottom of pyramid's social and health costs taking predominance. Many SMEs will shut shop and consolidation and constriction will happen. There will be constriction in operations and consolidation of big becoming bigger with deep pockets and select buyer support." Read Full Interview Here
‘To regain existing business everybody has to work as fast as possible’
“Everybody has realized this is the time to think out of the box so that the when it opens they will be ready with what they want to do, like aligning people, volume of production needed to be done, how many showrooms to open, what volume of orders to be taken up because export orders have been cancelled, most large format business have cancelled their orders with vendors. Hence, from day one factories will have nothing to do. As for brands, when they open they have already sustained with their fixed expenses and have no money and will not be able to ask their customers for money. In fact, we will have to assure them we are with them and ask them to start business with full confidence. The main worry is financial support. Low margin business or those subsisting hand to mouth will face extra difficulties. This will simultaneously open new opportunities. It will be a new life after opening. To regain existing business everybody has to work as fast as possible." Read Full Interview Here
‘The one change we will see is online will bounce back faster than offline’
“Whether you open today or a month later or you start EOSS from June 15 or August 15, demand and consumer sentiment per say is not going to change much. The other reality is, in terms of physical retail from the time you reopen the consumer will take time to go back to stores. The one change we will see is online is going to bounce back much faster than offline. This change has been seen in China also and the same scenario is likely to happen in India. In a scenario where the lockdown is lifted around May 15 and EOSS is announced, the consumer will still not visit malls to buy, so delaying EOSS is justified." Read Full Interview Here
‘The garment industry will witness very tough time, may take six months to a year for normalcy’
Rakesh Grover, Managing Director, Groversons and President for Intimate Apparel Association
“The after effects will be tough. Already the industry was going through a difficult time but after this, there will be a hard time because payment cycle will be affected, raw material supplies will be affected as the supply chain is affected, factories are closed and even if production begins, how will we continue production as we need a lot of raw materials and different ingredients to complete garments. To procure from China or India at the moment is difficult as labor returned to their villages and to get them back to work will be a big challenge. It may take a month or two to get them back to work. Even if we have orders production may not start in full strength for about two months post lockdown."
Read Full Interview Here
Will also have to liquidate maximum merchandise at better values
“Once the lockdown opens, people are more likely to rush to restaurants and other entertainment zones rather than stores for buying clothes. This may create a frustrating situation for brands and retailers and compel them to offer higher discounts than the routine trend. Regarding inventory management, we will have to be smart and carry forward some of the inventories to the next season. We will also have to liquidate maximum merchandise at better values to make some money."China was also under a lockdown and we depend a lot on them for fabrics
Since we have our own manufacturing, we are manufacturing less. With lockdown finances are also shut, we will save about 100,000 to 150,000 units, that is produced and this is what I am thinking of if the season doesn’t begin in the next two months. As for autumn/winter, it is still under speculation as China was also under a lockdown and we depend a lot on them for fabrics. Of late, we have started pursuing Chinese... Read Full Interview Here
Lockdown may prolong and will affect our and world economy
We are aware of the gravity of the situation and emerging problems across all industries. I feel, the lockdown may prolong for a longer period and affect our and world economy. Everyone will have to face it in their own capacity as no planning and management will work. It is a wait and watch; work as per situation. We plan to retain all labourers, as most have left for their hometown. We will pay them without cuts... Read Full Interview Here
The only way to avoid this blood bath is massive Government support
“India’s Garment Industry is currently going through its worst ever crisis The current lockdown of the country – is a death blow to these smaller units. Most of them will simply not have the resources of surviving for any length of time even after the markets reopen. This is because even after they reopen, markets are highly unlikely to return to its normal,... Read Full Interview Here
Bad impact on the industry as all inventories are stuck
“Coronavirus will have a bad impact on the industry as all inventories are stuck. Goods in transit are not being sold. Goods are stuck in warehouses, so there’s total loss. We plan to cut down our winter production depending on how long it goes on. We’ll have to sell more goods on discount. If this ends in April, it will be fine and if it prolongs to June, it will be very difficult for the industry... Read Full Interview Here
We are sitting on stocks and there is no sale and absolutely no cash-flow
“Following government directives closed all our stores and offices. Hopefully, this will be controlled in 21 days and markets open up. Both our spring/summer and autumn/winter collections are likely to be impacted as almost all production for summer is ready. We are sitting on stocks and there is no sale and absolutely no cash-flow. When markets open, we’ll have to look at demand and how much stocks are cleared... Read Full Interview Here
Tough times and teams with character and determination will win
“We are looking at how to adjust to a new and challenging reality along with protecting the safety of our employees. Being a fashion retailer, we need tombalance the current season’s merchandise while working on possible buy reduction for the coming season. I foresee the market to remain challenging for at least a quarter even after things settle down and stores open as we fall in the non essential category and consumer sentiment will not be at its best. Therefore, I foresee a 20 per cent reduction in demand for subsequent months. We need to look at all costs to protect our bottomline and also manage the working capital. These are tough times and teams with character and determination will win.”
12 mantras to maintain brand competitiveness in tough times
A visionary academic leader and persuasive administrator, Professor Dr Darlie O Koshy is well known for transforming several educational institutions like the National Institute of Design (NID), Ahmedabad where he served... Read more
‘We are focusing strongly on the innerwear category’
Kavindra Mishra, Managing Director, India Business and Asia Pacific, Pepe Jeans, speaks exclusively to DFU Publications about the brand, its initiatives and the global denim industry. What is Pepe Jean’s mission... Read more
‘CMAI needs to take a leap into the next level’: Rahul Mehta
Rahul Mehta has been unanimously re-elected the President of Clothing Manufacturers Association of India popularly known as CMAI for the year 2018 - 2020. Under his leadership, CMAI has been growing leaps and bounds. He ... Read more
Jack Sewing Machines launches new technology at GTE
Recoupex: Making Indian exporters/importers aware of cargo claims
Advanced IoT systems enable Gherzi to increase garment productivity by 15%
Knitwear Capital of India, Tirupur Invites for its historic 47th IIKF
Infrastructural development, youth employment to boost Indian productivity
Low operating and maintenance costs help Colorjet machines grow
Global industry moving away from traditional manufacturing methods
Upgrading its facilities to help India stay ahead in the race
Zero Defect Zero Effect (ZED): Enhancing global competitiveness of Indian MSME
GTE 2020 to improve garment productivity and efficiency in India
Fashion retailers approach suppliers for Spring/Summer collections
Buoyed by the unexpected bounce-back of retail sales in festive season, Indian fashion and apparel retailers have start... Read more
Supreme Court backs NCLAT’s demand for probe against Flipkart
The Supreme Court has stayed March 4 order of National Company Law Appellate Tribunal (NCLAT) asking fair trade regulat... Read more
Onitsuka launches biggest Indian store in New Delhi
Onitsuka Tiger has launched one of its biggest Indian stores in Pacific Mall, Tagore Garden, New Delhi. Spanning 1,500 ... Read more
Payal Singhal launches new potlis range
As per Fashion Network, designer Payal Singhal has launched a new line of potlis in collaboration with accessories bran... Read more
Landmark Group promotes Kabir Lumba as new chairman
Dubai-based Landmark Group has promoted Kabir Lumba to the position of chairman of its board of directors. Lumba will ... Read more
Kavya Singh Kundu launches new sustainable brand
Designer Kavya Singh Kundu has launched her namesake sustainable fashion brand and is banking on affordability to drive... Read more
Flipkart posts 12 per cent rise in revenues in FY2019-20
Walmart-owned e-commerce major Flipkart India posted a 12 per cent rise in its revenue in FY2019-20. According to regul... Read more
Killer Jeans banks on western wear trend to drive Desi Belle’s growth
Owned by Kewal Kiran Clothing, denim brand Killer is banking on the growing western wear trend in women’s apparel... Read more
Purple Style Labs acquires Wendell Rodricks label
Resortwear label Wendell Rodricks has been acquired by Purple Style Labs, which recently also acquired Pernia’s P... Read more
ANS Commerce on boards brand Chemistry
E-commerce start-up ANS Commerce has strengthened its brand portfolio by onboarding leading fashion apparel brand Chemistry o... Read more
Sandeep Kataria appointed as the global CEO of Bata
Sandeep Kataria has become the first Indian to be appointed the global CEO of the Bata Shoe Organization. As of now he ... Read more
Shoppers Stop expands online shopping features
Multi-brand fashion and lifestyle retailer Shoppers Stop is expanding its online shopping features to cater to the new ... Read more
Arainna expands retail presence
Luxury womenswear brand Arainna is rapidly expanding its retail presence across India with more innovation in its produ... Read more
Reliance acquires minority stake in Actoserba Active Wholesale
As per a Business Today report, Reliance Industries has acquired minority stake in Actoserba Active Wholesale, which ow... Read more
Flipkart beats Amazon at festive sales
Walmart-backed Flipkart Group heavily outsold its rival Amazon by almost two to one as Indian consumers spent a record ... Read more
Asics to set up new stores in India
Japanese sportswear brand Asics plans to increase offline presence in India by setting up stores in some prime commerci... Read more
CAIT seeks strong action against violators of FDI norms
Traders' body Confederation of All India Traders (CAIT) has sought strong action against a few e-commerce firms for vio... Read more
Loafers remain the most preferred footwear for men during pandemic: Report
As per a Business Wire India reports, loafers continue to remain a fashionable form of footwear for men even during the... Read more
Antar Agni launches new project to recycle old garments
Antar Agni, the avant-garde fashion label has launched a new project titled ‘Restore Love’. The initiative ... Read more
UK, US, Europe, Australia emerge top export destinations for eBay
As per an Economic Times report, the US, the UK, mainland Europe and Australia have emerged top markets for Indian expo... Read more
Firstcry registers 66% jump in FY 20 revenues
India’s largest omni-channel platform for kids Firstcry witnessed strong sales during the year with revenue jumpi... Read more
Puma targets Rs 500 crore GMV from Myntra next year
Puma India aims to achieve a revenue of Rs 500 crore in gross merchandise value (GMV), next year on country's biggest online ... Read more
Chidiyaa launches new menswear range
As per a Fashion Network report, clothing brand Chidiyaa has launched a new menswear range featuring block printed shir... Read more
Gully launches new fashion platform
India’s cutting edge streetwear fashion brand Gully is now launching its high fashion platform Gully Evolve. This... Read more
Experts urge government for more stimulus packages
Experts at the dialogue on ‘Stimulus Packages for Sustainable and Inclusive Recover from COVID-19 Fallout in Bang... Read more
India extends ADD on imports of fully drawn polyester yarns from China
According to a recent notification by the Central Board of Indirect Taxes and Customs (CBIC), India has extended the an... Read more
Government imposes Rs 25,000 fine on Amazon India
The government has imposed a Rs 25,000 fine on Amazon India for failing to display mandatory product information on goo... Read more
Amazon’s Indian sellers expect strong growth at annual sale events
Indian sellers, who are part of Amazon’s global selling program, expect strong sales, on the e-commerce giant&rsq... Read more
Alia Bhatt launches kid’s wear startup
Bollywood actor Alia Bhatt has launched a new kid’s wear startup called Ed-a-mamma that offers clothes for childr... Read more
MomSoon launches new winter collection
Delhi-based retail brand MomSoon has launched a new winter collection in collaboration with leading fashion apparel bra... Read more
Bewakoof posts 27% growth in revenues in FY 20
Unlike FY19, direct to consumer (D2C) fashion brand Bewakoof registered a 27 per cent growth in revenue from operations... Read more
Arvind Fashions expects casual wear brands to stir pandemic recovery
Shailesh Chaturvedi, the CEO-designate, Arvind Fashions, expects its portfolio of casual clothing brands will help the ... Read more
Myntra eyes Rs 500 crore turnover from Puma next year
Flipkart-owned online fashion retailer Myntra expects to achieve a Rs 500 crore turnover from sportswear retailer Puma ... Read more
September quarter brings relief to apparel retailers as sales pick up
As per analyst Edelweiss Securities, the September quarter brought some respite for Indian retailers with sales in inne... Read more
Pink Almari holds wedding and lifestyle edition in Mumbai
Women’s fashion exhibition Pink Almari held a ‘Wedding and Lifestyle Edit’ in Mumbai on November 24. ... Read more
Denim brand Sin strengthens youth connect with new partnerships
Through its partnerships with ATK Mohun Bagan FC and Hyderabad FC for the ongoing Indian Super League season (ISL), den... Read more
IKEA to set up India’s biggest store in Noida by 2025
Swedish flat-pack furniture giant IKEA plans to set up its biggest store in Noida by 2025. The company had signed an Mo... Read more
BIS to set new standards for e-commerce companies
The Bureau of Indian Standards (BIS), which lays down norms on quality and safety of goods sold in the country, has bee... Read more
Fabindia launches new service for online shoppers
Ethnic wear retailer Fabindia has launched a ‘White Glove Service’ to ameliorate its online shopping experi... Read more
KH Radharaman launches new womenswear label
Designer KH Radharaman has launched a new womenswear label ‘Alamelu’ featuring woven textiles and a global ... Read more
