09 September 2023, Mumbai
Monte Carlo Fashion to Establish 20 tpd Textiles Plant in Kathua, Covering 20 Acres of Land.
Background
One factor that is working in the company's favour is the sanguine growth of online sales, which have been growing in line with offline sales.
And given the strong performance in recent years the management is very bullish & will be investing heavily in the retail, fashion & home textile segment over the next few years to establish a strong presence in the market.
08 September 2023, Mumbai
Hidesign, the premium accessories brand, expanded its retail presence by opening new stores at Forum Mall in Kochi and Nexus Vijaya Mall in Chennai. These additions mark the brand's continuous growth in physical locations throughout India.
The new Hidesign store at Nexus Vijaya Mall offers an array of handcrafted, vegetable-tanned leather bags and accessories, showcasing the brand's 23 years of artisanal expertise.
Customer is king
Shoppers can explore original East India leather bags, responsibly sourced ostrich and deer leather bags, and the eco-friendly Icon collection made from sustainable vegetable-tanned leather.
In addition, the Kochi store, which also recently opened, welcomed customers with a special offer – a complimentary gift box valued at Rs 4,995 for purchases over Rs 9,995. Both stores also introduced Hidesign's latest sports collection of active-appropriate accessories.
History
Hidesign has been expanding its exclusive brand outlets, with recent openings in Phoenix Mall of the Millennium in Pune and CP67 Mall in Mohali.
Established in 1978 in Pondicherry, the brand operates through its direct-to-customer e-commerce store, outlets across India, and stores in various countries, including the US, UK, Kenya, Nepal, Germany, and Portugal, among others.
06 September 2023, Mumbai
Being Human Clothing, the global fashion brand with a philanthropic mission, proudly announces the opening of its inaugural Exclusive Store in Dubai, UAE, marking a significant stride in Middle East retail expansion while remaining committed to making a positive impact.
This store exemplifies the brand's dedication to offering cutting-edge fashion while championing humanitarian causes.
Location
Situated within City Centre Deira Mall, the store boasts a modern design that perfectly embodies the brand's ethos of blending style with social responsibility. With a facade spanning 150 feet, it features extensive windows and a cozy lounge area.
Additionally, two distinct trial room areas cater to both genders, and a captivating gazebo showcases merchandise with central mannequins.
DNA
The store showcases Being Human Clothing's diverse product range, offering eco-conscious clothing options that appeal to Dubai residents and visitors alike, seamlessly merging fashion and philanthropy, from chic casual wear to fashionable accessories for both men and women.
Being Human Clothing's enduring support for global charitable initiatives is reflected in this store's ethos, with a portion of every purchase going towards education and healthcare programs.
04 September 2023, Mumbai
Share Acquisition Details
Kewal Kiran Clothing Limited (KKCL) has undertaken a subscription to acquire additional shares from its wholly-owned subsidiary, K-Lounge Lifestyle Limited (KLL).
The subscription involves 30,00,000 equity shares, each with a face value of Rs. 10/- (Rupees Ten Only).
The total consideration for the share acquisition is Rs. 3,00,00,000/- (Rupees Three Crore only).
Purpose of Share Acquisition
The primary purpose of the share acquisition is to direct resources toward the continued growth and improvement of KLL's retail business.
KLL has yet to initiate its operations in the retail sector, but KKCL is confident that the company has the potential to become a major player in the market.
08 September 2023, Mumbai
In 2023, what do icons like Galeries Lafayette, Michael Kors, Tiffany, Valentino, Laderach, Keune, and Balenciaga amongst others have in common?
They are out to woo Indians in India. With the new status of the fifth largest economy with the possibility of becoming the fourth soon, China’s luxury market tightening purse strings, luxury brands acknowledge the success story that is India and they are eager for their share of the pie.
Ride With Confidence:
In the words of Elias Laderach, CEO of the largest Swiss chocolate retailer, Laderach is confident of India’s upscale consumers and their eagerness for luxury experiences, which makes for a huge opportunity for international brands that are capable of delivery.
This is not optimism but based on hard facts – a Credit Suisse Global Wealth Report said the number of millionaires in India was estimated to double from 796,000 in 2021 to 1.6 million in 2026. Consultants Bain & Company has predicted Indian luxury market will grow 3.5 times to be valued at $200 billion by 2030.
Bespoke catering to Indian taste
International luxury brands have stepped up their game to offer a niche portfolio of India-specific collections to woo the super-rich as is evident from various targeted collections popping up. The increasing importance of the booming luxury market in India for global brands like Louis Vuitton, Franck Muller, Emporio Armani, Bvlgari, and AVI-8, among others, is visible across categories.
Louis Vuitton’s limited edition capsule collection of footwear priced at Rs 75,000-1.20 lakh, for the wedding season, offered a sneak peek into the mind of India’s fashion aficionado. To cash on it, the company introduced a collection of fuchsia-coloured shoes to pay homage to Rajasthan’s royal family.
Swiss luxury watchmaker Franck Muller launched 150 pieces of a first-of-its-kind limited edition watch collection for India. While 100 pieces of the watch are designed in steel and gold, the rest are part of a rose-gold edition.
India's Retail Scenario Transformed
For the third year in a row, Italian eyewear conglomerate Luxottica launched an India-exclusive festive, limited edition sunglass range for its brands Emporio Armani, Michael Kors and Versace. Its pilot project was done in 2020, for eyewear brands Emporio Armani and Michael Kors.
What’s more, in anticipation of the upcoming festive season, over a dozen luxury brands are entering India.
For example, French luxury retailer Galeries Lafayette is entering India through a partnership with the Aditya Birla Fashion Retail, while Spanish luxury fashion house Balenciaga SA is planning to open stores in collaboration with Reliance Brands. Swiss luxury multi-brand watch and jewelry boutique TimeVallee is looking for an India debut.
Lucrative for luxury
So what’s catalyzing luxe growth in India? First, after two years of lockdown, Indian luxury lovers couldn’t get enough when the market opened. Yes, while the world has been affected by inflation, luxury, time and again has proven to be inflation-proof globally.
As Indians emerge from the woodwork and travel more, they are more exposed to luxury brands and experiences that they would like in their country to buy at will.
Disposable incomes are also triggering the purchase of luxury experiences and the Indians are busy catching up. But will this buoyancy be sustainable? Probably yes, as per the Credit Suisse report, Indian millionaires are growing rapidly.
Global luxury brands handhold local partners
Luxury brands are busy establishing partnerships with India’s retail giants to leverage their customer base and physical network that goes beyond India’s metros and penetrate segments of markets that their local partners are well versed with.
Reliance Brands is trying to establish its leadership in the Indian luxury market and scaling up its partnerships with Valentino, and Tiffany as the festive season approaches.
Who's who; From Hamleys, the upscale toy store, and Brooke Brothers to Balenciaga, Paul Smith, and Jimmy Choo, Reliance Retail has a massive collection of luxury and bridge brands. Aditya Birla Fashion Retail's possibly biggest partnership will be Galeries Lafayette which itself will house a portfolio of over 200 luxury brands.
06 September 2023, Mumbai
Tata CLiQ Luxury, India's top luxury lifestyle platform, unveils "Indi Finds," a dynamic store aimed at fashion enthusiasts seeking the latest trends.
Awesome
This initiative amplifies the presence of Indian labels and indigenous fashion brands. "Indi Finds" showcases Indian craftsmanship through a carefully curated selection of women's fashion from niche domestic brands, blending tradition with contemporary aesthetics.
While Tata CLiQ Luxury's "Indiluxe" boutique highlights renowned Indian heritage brands, "Indi Finds" takes a different route, encouraging discovery. The store offers shoppers an exclusive array of domestic fashion brands celebrated for modern designs.
Indi Finds
Initially focusing on women's apparel for the festive season, "Indi Finds" features ethnic wear like kurtas and stylish co-ord sets. A men's section will also be added. The store introduces 15 new homegrown brands known for their craftsmanship and competitive pricing. Among them are Anuja Banthia, B'infinite, Ek Katha, and more.
Super-exciting
Gopal Asthana, CEO of Tata CLiQ, strives to elevate the women's shopping experience through the provision of contemporary domestic brands known for their trend awareness and product quality. "Indi Finds" serves as a platform for self-expression through style.
The "Indi Finds" store will introduce 80 premium fashion-forward women's brands, expanding into accessories and footwear for the festive season. It promises regular updates to keep women exploring the latest from domestic labels.
02 September 2023, Mumbai
Sloggi, the renowned Swiss lingerie brand, unveils its latest Autumn-Winter collection. The collection fuses comfort and style with cutting-edge technology and eco-conscious materials.
It includes crop tops and leggings for women, and sustainable briefs for men.
Women's collection
"Zero Feel Lace 2.0" features a soft, seamless design with 360-degree stretch. "Ever Infused" range boasts wire-free crop tops and leggings.
"Weekend" and "Holiday" editions are comfortable and festive.
Men's collection
"Ever Airy" and "Ever Soft" series are breathable and soft with moisture management technology.
"Go Natural" and "Free Evolve" ranges are made from eco-friendly materials.
07 September 2023, Mumbai
W, India's leading women's fashion brand, has signed on Bollywood actor and entrepreneur Anushka Sharma as its brand ambassador for its upcoming festive campaign.
The campaign, titled "Celebrate Your Story," celebrates the unique stories of Indian women and encourages them to embrace their individuality.
Perfect Fit
Sharma is a perfect fit for the campaign, as she is a successful actor and businesswoman who is also a role model for many women.
The campaign will feature a range of festive wear from W's new collection, which has been designed to celebrate the opulence of the season.
Indian Terrain, a leading men's high-street fashion brand, reopened its flagship store in Chennai today.
The store is located in Phoenix Market City Chennai and is spread across 2000 sq. ft. It offers a wide range of men's casual attire, including shirts, trousers, and t-shirts.
The store was inaugurated by actor Ashwin Kumar, along with Mr. Charath Narasimhan, Managing Director – Indian Terrain and Ms. Shehnaz Shariff, Chief Business Officer – Indian Terrain.
Quotes:
“The inauguration of our flagship store at Phoenix Marketcity, in Chennai stands as a remarkable milestone for Indian Terrain,” said Mr. Charath Narasimhan, Managing Director – Indian Terrain.
“I am extremely delighted to be part of the re-launch of Indian Terrain's flagship store at Phoenix Market City,” said actor Ashwin Kumar.
Background:
Indian Terrain seamlessly blends classic elements with current trends, making it the preferred choice for those with discerning fashion tastes.
02 September 2023, Mumbai
Aurelia, the leading name in contemporary ethnic fashion, is set to redefine the world of festive attire with its vibrant Festive Collection '23.
The collection features a thoughtfully curated array of designs and colors for festive occasions, including the Anarkali collection, Aurelia Select, and Insta Sarees.
Festive attire with its vibrance
The merchandise range encompasses styles in festive cotton and premium cotton fabrics.
A notable highlight of the season is the Premium Drape wear, suitable for a spectrum of festive occasions, from intimate gatherings to grand celebrations.
06 September 2023, Mumbai
JACK & JONES is excited to launch its new "Urban Racers" collection, which fuses the refined essence of contemporary urban style with the heart-pounding world of motorsports.
The collection features a range of precisely designed pieces that reflect the spirit of speed, precision, and exhilaration that defines the racecourse.
Key highlights
From rugged leather jackets to sleek biker jeans, each item pays homage to the power, dynamism, and elegance associated with motorsports.
The collection's color palette takes inspiration from iconic racing hues, featuring deep metallic blues, fiery reds, and carbon blacks. These colors are sure to turn heads and make a statement.
Whether you're on the track or in the city, the "Urban Racers" collection will give you the confidence and flair to embrace life's journey.
Manyavar Announces Key Management Changes
On a Sunday, Manyavar, formally known as Vedant Fashions Limited, revealed substantial transformations within its senior leadership. In alignment with the Nomination and Remuneration Committee's counsel, the Company's Board of Directors granted formal approval for Vedant Modi, formerly the Chief Marketing Officer, to step into the role of Chief Revenue Officer.
Concurrently, the Company welcomed Anand Narang as its new Chief Marketing & Digital Officer. This pivotal announcement was conveyed via an official exchange filing.
Anand Narang: A 25-Year Trailblazer
Anand Narang brings a wealth of experience, boasting a remarkable 25-year career marked by impactful contributions to illustrious brands like Bata, Nokia, Jio, Huawei, Comverse, and Airtel. His versatile expertise spans a spectrum of roles encompassing category management, marketing, e-commerce, retail, sales, go-to-market (GTM) strategies, and product management.
Narang's professional journey has traversed the global and regional landscape, with notable assignments in Europe (including the UK, Denmark, and Finland), China, and India. Across these roles, he has adeptly overseen diverse sectors, including Luxury & Premium (smartphones and footwear), Fashion (sneakers, apparel, and lifestyle footwear), as well as Telecom & Digital services (encompassing music, healthcare, education, and business solutions).
His impactful contributions have left an indelible mark across Retail, E-commerce, Consumer Packaged Goods (CPG), and Technology domains.
01 September 2023, Mumbai
Tasva, the men's ready-to-wear label by Tarun Tahiliani, took a momentous stride as it unveiled its inaugural runway exhibit at the Bangalore Fashion Week. The spotlight shone on the brand's innovative 'Dinner Jacket Collection', a seamless blend of classical ethnic wear tailored for the contemporary Indian man.
Inspirational
The collection drew its inspiration from the opulent tapestry of Indian culture, as affirmed by the label. The ensembles, specially curated for special events, boasted intricate Resham, Aari, and Dori embroidery techniques. The precision-crafted jackets were tailored with an emphasis on fluid mobility.
"The debut of Tasva on the Bangalore Fashion Week 2023 runway signifies a pivotal juncture in reshaping the landscape of Indian fashion," said the brand in an official statement. "This occasion celebrates the harmonious fusion of time-honored artisanship with avant-garde design."
Collaborative
Conceived in collaboration with Aditya Birla Fashion and Retail, Tasva was launched by Tarun Tahiliani with the vision of harmonizing heritage designs with a contemporary sensibility. The brand serves its clientele through its online retail platform and brick-and-mortar establishments located in prominent cities like Bengaluru, Hyderabad, New Delhi, and Mumbai.
The Bangalore Fashion Week, held at The Oterra in Bengaluru, spanned from August 24 to 27. This 24th iteration of the fashion gala was hosted in conjunction with Wear.Style, adding to the grandeur of the event.
