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Paris: Couture Celebrates Rahul Mishra's South Asian Wedding Wear

03 July  2023, Mumbai

Renowned fashion designer Rahul Mishra is set to make another appearance at Paris Haute Couture Week on July 3, showcasing his unique blend of South Asian wedding wear and "mindful luxury." Rahul Mishra's journey

After six years of struggling to sell his unconventional bridal lehengas, Mishra's latest foray into wedding attire has proven immensely successful, with a waitlist of almost five months for his designs.

From challenging traditions to ethical luxury

Weddings, which have boomed since the pandemic, have become a significant source of revenue for Mishra's business and a means to provide employment for over 1,200 embroiderers in rural India.

Responsible manufacturing

With a commitment to ethically paced production and handmade craftsmanship, Mishra's designs embody his vision of inspiring others and creating beautiful outfits that tell a story.

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Anita Dongre's Exquisite Ahmedabad Flagship

Renowned label Anita Dongre proudly announces the opening of its exquisite flagship store at Puniska House, Ahmedabad.

Experience the epitome of elegance

The news was shared through engaging social media posts on Instagram and Facebook. Step into the store and discover the latest additions to Anita Dongre's renowned womenswear and menswear collections, characterized by the brand's iconic pastel hues and delicate pinks.

From weddings to occasions

Explore a diverse range of wedding wear, occasion wear, and a captivating assortment of bags, accessories, footwear, and jewelry. With a strong presence both in India and overseas, the House of Anita Dongre boasts exclusive flagships in New York and Mauritius. Currently, the brand operates 286 exclusive stores, along with 789 multi-brand large format stores across 114 cities, totaling an impressive 1,075 points of sale.

Embrace uniqueness

Embrace the individuality of three distinct brands under the company's umbrella: AND, offering contemporary western-wear for women; Global Desi, a vibrant line of boho ensembles; and the Anita Dongre label, specializing in bridal wear and menswear.

Anita Dongre's Exquisite Ahmedabad Flagship

Fashion Retail Sees 10% Growth: ICRA report

21 June 2023, Mumbai

ICRA, the prominent credit rating agency, has published a report highlighting the challenges faced by Indian fashion retail entities.

Indian Fashion Retail in FY 2024

The analysis, covering 11 listed retail companies, reveals that demand pressures and inflationary headwinds are likely to moderate revenue growth to 10% in the fiscal year 2024. Amidst Inflationary Pressure

Despite an impressive 51% year-on-year revenue growth in FY 2023, the fashion retail industry is projected to experience a slowdown due to inflationary pressures. ICRA's report also indicates a decline in operating profit margins (OPMs) by approximately 100 basis points, primarily attributed to softening demand and continued high expenditure on advertising and promotion.

Revenue Growth

However, ICRA maintains a stable outlook on the retail sector. Ms. Sakshi Suneja, Vice President & Sector Head - Corporate Ratings at ICRA, comments on the trends and expects the sector to improve with the onset of the festive season, translating into an estimated 10% revenue growth for FY 2024.

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Fashion Retail Sees 10% Growth: ICRA report

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