31th August 2021, Mumbai:

Footwear major Khadim India’s net revenues during the first quarter ended June 2021 rose by 46 per cent to 88 per cent as against Rs 60 crore it reported during the corresponding period of the previous fiscal year. The company’s net loss during the quarter narrowed to Rs 11 crore as against a net loss of Rs 28 crore in the year-ago period. It witnessed store closures across many states due to lockdown and gradual reopening started from June 2021. However, the revenue decline narrowed during the quarter while gross margins improved substantially year-on-year in both retail and distribution verticals.

Khadim manufactures and retails footwear under its flagship brand, Khadim’s. The brand now has over 800 retail outlets across India and sells its products through its e-commerce site and other online platforms.

TOP 5:

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• Trent Ltd appoints P Venkatesalu as new CEO and Executive Director
• Amit GT launches women’s couture collection at 'India Couture Week'
• Future Retail files new case against Amazon seeking asset sale clearance to Reliance Industries
• Donear Industries signs agreement to buy RSWM assets

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26th August 2021, Mumbai:

Indian women’s wear brand Saundh has strengthened its retail presence with the launch of a new store in New Delhi. As per Fashion Network, the store is the brand’s seventh in the country and plans to open 15 new stores during the current financial year.

Located at Greater Kailash- I, the store is spread across 706 square feet. Along with the store opening, the brand has also launched its latest collection ‘Kalp Haat’ which offers a wide range of apparel like kurta sets, accessories, jackets, sarees, dresses, and more.

Saundh is owned by the Gujarat-based textile and garments major Sahiba Ltd. After capturing a large share of the garments and textiles market in India, Sahiba is now looking to make deeper inroads in the country’s fashion market, with its designer fashion label Saundh.

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TOP 5:

• Afghanistan's unrest has impacted the textile business in Surat, India.
• 'More Group' with an initial investment of Rs. 150 crores, enters the clothing retail market
• GOTS certification has been accepted by Intertek
• Export demand is causing a denim downturn in the United States
• Export demand is causing a denim downturn in the United States

23rd August 2021, Mumbai:

After selling its value-fashion retail chain Unlimited to retailer V-Mart, Arvind Lifestyle Brands, a wholly owned subsidiary of Arvind Fashions, plans to focus on growing ‘high conviction’ brands—US Polo Association, Tommy Hilfiger, Calvin Klein, Arrow, Flying Machine and Sephora. As per Shailesh Chaturvedi, Chief Operating Officer, the company will first focus on its digitization strategy that includes partnerships with new portals and connecting with consumers through multiple channels.

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In the last quarter, the company added 100 more stores to its omni network while its digital only linkages in physical stores reached mid teen number. The company also built backend capabilities in its warehouses, besides expanding its product range with new exclusive online products. It now aims to develop the adjacent categories in these brands. For example, it will launch a new belts and wallets range in its brand Arrow. The company also plans to expand in Tier II and III cities of India by setting omni-channel stores there.

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TOP 5:

• India's clothing exports increased to $7.48 billion in the first half of this year, thanks to a massive recovery in major destinations
• The ‘ABOF' of Indian clothing behemoth Aditya Birla Fashion and Retail is linked to e-commerce platforms
• Arvind Fashions receives Rs 439 crore from promoters and investors
• Tirupur's clothing industry is concerned about container scarcity and lockdowns
• The government has formed a council to recommend measures to increase handloom production and exports

31th August 2021, Mumbai:

Venkatesh Rajagopal, Executive Chairman, Indian Terrain Fashions (ITFL) says, the company plans to expand its portfolio of exclusive brand stores to 400 from the present 200 by FY24 reports The Hindu. It operated 108 franchisee owned stores in FY21. ITFL has realigned its business model and started focusing on digitalization, e-commerce, children’s wear and sustainability to deal with the effects of second COVID-19 wave.

The company has unveiled a direct-to consumer (D2C) business through its website, besides building new partnerships with leading marketplaces such as Amazon, Flipkart and Myntra.

It is also making new investments in technology, people, digital and social media marketing and customer services, Rajagopal adds. This would not only boost the company’s revenue growth but also improve its profitability, in turn, creating value for shareholders.

TOP 5:

• 'Future Lifestyle Fashion' report Rs 325 crore net loss in Q1
• Trent Ltd appoints P Venkatesalu as new CEO and Executive Director
• Amit GT launches women’s couture collection at 'India Couture Week'
• Future Retail files new case against Amazon seeking asset sale clearance to Reliance Industries
• Donear Industries signs agreement to buy RSWM assets

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26th August 2021, Mumbai:

Russian kid’s wear brand Choupette has forayed into the Indian market with a store in Delhi.

The store offers elegant and formal wear for girls and boys of 0 to 12 years of age. Launched by entreprenuers, Marina Zolotoverkh and Shruti Aggarwal, Choupette operates around 90 stores across the globe.

The brand launches two to three new collections every season for both girls and boys giving the customers a wide range of quality options. Its clothing line is carefully curated to suit the children’s skin and the local climate of every region it enters.

Launched at price points ranging from Rs 1,000-12,000, the brand offers a range of tuxedos, suit sets, shirts and trousers for boys, and pleated and embroidery dresses, jumpsuits, rompers, and bolero for girls.

While Choupette aims to establish a pan India presence over the next few years, customers can also purchase the brand’s collection on Choupette India’s website, TataCliq Luxury, and Little Tags Luxury.

TOP 5:

• Afghanistan's unrest has impacted the textile business in Surat, India.
• 'More Group' with an initial investment of Rs. 150 crores, enters the clothing retail market
• GOTS certification has been accepted by Intertek
• Export demand is causing a denim downturn in the United States
• Ikea plans to establish its first "city store" in India in Mumbai

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21st August 2021, Mumbai:

Global fashion brand Guess recently relaunched its first store at the DLF Mall of India, Noida. The brand has initiated its expansion spree with collections that are tailor made for the post-pandemic landscape.. It has relaunched with the new Spring/Summer 2021 Collection that offers trendsetting, timeless range of denims, dresses, apparel, shoes, etc.

The upcoming collection features vintage florals, fun prints and classic pastels, and presents the young, contemporary and timeless vibe of the brand that it is renowned around the world. A key part of the collection are the accessories and wide range of handbags- from satchels to totes and backpacks to luggage, there is something for everyone at the store.

Guess also plans to launch its Fall/Winter Collection 2021 that will offer chic, comfortable and playful designs crafted to suit the work from home, multitasking environment. The collection will give the consumers the comfort they are looking for, without compromising on the style.

TOP 5:

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• Shree to foray into the ready-to-stitch category, plans more retail expansion
• Gujarat's textile industry anticipates more exports

27th August 2021, Mumbai:

Dolly J launched her latest womenswear collection ‘Ah-Lam with a fashion film’ at India Couture Week’s digital edition. The collection featured skirts and figure hugging bustier style tops made with a liquid silver textile.

These were embellished with crystal encrusted belts. The collection was inspired by a resurgence of 1990s fashion in thrift shops around New York, It created a modern take on the decade’s signature shimmer.

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Occasionwear label Dolly J is marked by meticulous craftsmanship on modern-Indian silhouettes. The brand’s ethereal eveningwear pieces beautifully juxtapose traditional hand-embroideries such as Lucknowi chikankari and zari work against delicate fabrics. Organized by the FDCI in association with the Hindustan Times, India Couture Week runs until August 29 online. This digital edition is second to date, after going online due to the pandemic.

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• Saundh, women’s wear strengthens retail presence with a store in Delhi
• Cult Gaia launches multi-brand store on 'Ajio Luxe platform'

25th August 2021, Mumbai:

A fashion coordinates brand for women from the house of TCNS Clothing, Elleven has launched its first store at Commercial Street, Bengaluru. As per an Indian Education Diary report, the store offers an extensive range, curated for modern Indian women.

Spread across two floors, the store offers an exquisite drapes collection, featuring dupattas in premium fabrics like cotton, viscose, polyester, and acrylic, dyed in a plethora of dreamy shades, including pink, blue, beige, yellow, green, white, teal, maroon, gold and more.

It displays the brand’s latest Monsoon Festive’21 collection and offers a wide variety of bottom wear in both ethnic and fusion styles, with quality, comfort, fit, price, and variety at the core of its offering.

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Apart from its signature churidar, palazzos, skirts, jeggings, and pants, the latest collection also boasts of cropped tights, basic and festive trousers, yoga tights and pants, and straight and flared culottes, in the bottom wear section. The store will additionally have a wide range of denim, including straight & boot-up jeans, denim jacquard culottes, denim jacquard palazzo, and jeggings.

In adherence to the standard hygiene and safety protocols for COVID-19, the store will be operated, following social distancing norms, at all times. With its evolutionary design, this newly launched Eleven store will provide the consumer with a premium feel, making shopping a pleasant experience.

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TOP 5:

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• IKEA to cut product prices in India for mass outreach
• Myntra partners with digital fashion brand 'Urbanic' to offer differentiated fashion styles to shoppers
• Manish Malhotra presents a traditional wear collection at 'India Couture Week'
• Amethyst launches shopping fair to showcase the new ‘Shades of India’ collection

19th August 2021, Mumbai:

In Q1 FY22 India's leading apparel manufacturer Page Industries posted a profit of Rs 10.9 crore as against Rs 39.5 loss posted in Q1 FY21. The company’s revenues increased by 76.1 per cent revenue to Rs 501.5 crore during the quarter ended June 30, 2021, against Rs 284.8 crore in same period last year.

Its EBITDA grew to Rs 342 crore against a loss of 347 crore in the corresponding quarter last fiscal.

Despite half of the quarter being under lockdown for most cities and states, the company added 1,465 MBOs and 9 EBOs during these three months.Gross profit expanded to Rs 166.7 crore while profit after tax rose to Rs 10.9 crore.

The company is investing in its warehousing, technology and logistics support to cater to this increasing demand. During the quarter, it also saw great demand and acceptance for its kids wear business and hopes to maintain the growth momentum, says Sundar Genomal, Managing Director.

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TOP 5:

• Cotton Corporation of India Ltd (CCI) market intervention meaningless till cotton prices rule firm
• Flipkart, an Indian e-commerce behemoth, has created 4,000 new positions
• Rs. 1,100 crore investment! SVP Global Ventures, an Indian textile company, has opened a facility in Oman
• In the current fiscal year, Indian textile exporters are expected to expand by 20-25 percent, according to ICRA
• In July, apparel sales in India were at 63 percent of pre-pandemic levels

26th August 2021, Mumbai:

Clothing brand Pause has tied up with garment business Tommorrowland Apparel, the owner of Bombay Shirt Company to re-launch on the company’s e-commerce store.

Pause has launched a range of made-to-order ‘conscious clothing’ for women on the store. By retailing its selection of loose fit dresses, casual sets, and denim on Bombay Shirt Company’s e-commerce store, It is being supported by Tomorrowland Apparels, a business which counts venture capital firm Lightbox as an investor

Bombay Shirt Company has built a platform for made-to-order clothes with great quality and craftsmanship. The company includes responsibly made clothes on the site that can be personalized for the wearer. It encapsulates the essence of the city; modern and fast paced, and buttressed with old world charm. It provides design options that are curated to reflect the latest sartorial trends. It constantly innovates with fabrics and refining designs to ensure the perfect blend of contemporary design and classic tailoring.

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TOP 5:

• Afghanistan's unrest has impacted the textile business in Surat, India.
• 'More Group' with an initial investment of Rs. 150 crores, enters the clothing retail market
• GOTS certification has been accepted by Intertek
• Export demand is causing a denim downturn in the United States
• Ikea plans to establish its first "city store" in India in Mumbai

24th August 2021, Mumbai:

Multi-brand luxury Indian womenswear boutique Amethyst has launched a shopping event to showcase the new collection of ethnic wear brand Shades of India in Chennai.

From August 20 to 30, Amethyst will host the Annual Sale Shopping Fair for Shades of India. The pop-up shop will feature a range of kurtas, sarees, dupattas, blouses, and trousers as well as accessories in Shades of India’s signature cotton textiles.

Shades’ of India’s latest womenswear collection has a relaxed aesthetic with loose fit garments and breezy textiles. Featuring tactile appliqué details, the collection plays with texture to add a whimsical touch to its more paired down looks.

The collection is priced starting at Rs 600 ($8) for accessories and Rs 1,400 for garments. A selection of home textile goods including cushions and textile runners among other items is also available.

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Founded in 1992, Shades of India is run by Mandeep Nagi and David Housego and has an international presence. The brand is present in a number of international multi-brand boutiques including Harrods and the Conran Shop in the UK, ABC and Gumps in the US, Le Bon Marche in Paris, and Lane Crawford in Hong Kong.

TOP 5:

• Aks, a womenswear company, has debuted its first 'Mother-Daughter Duo' collection
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• In Chennai, Amethyst hosts a shopping event for Shades of India
• Gajra Gang is a new private label launched by Nykaa Fashion
• Denim's domestic downturn is mitigated by strong exports

17th August 2021, Mumbai:

India’s leading premium menswear brand from Aditya Birla Fashion and Retail has launched a new luxury casualwear collection titled Louis. Designed for the contemporary man, the collection features expressive prints, intricate patterns and rich styles, exuding Louis Philippe’s characteristic elegance and polish.

Available in a variety of sophisticated designs, distinctive patterns and dynamic colors, casual polo T-shirts from Louis by Louis Philippe are made using premium 2-ply long-staple cotton for enhanced strength, natural luster, high color depth and soft touch. The T-shirts are made with a material that ensures quick dry. The moisture management properties of these T-shirts offer enhanced comfort and natural cooling for a luxe casual experience.

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Shirts from Louis by Louis Philippe are made from premium super fine cotton with imported high-quality interlinings, pucker-free seam stitching along with sophisticated designs, distinctive patterns and dynamic colors. They have shape retaining lead edge collar bones, and shanked and wrapped buttons that are securely attached and easy to use.

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