21 December 2021, Mumbai:

The Fashion Design Council of India has opened entries for the next season of Circular Design Challenge. Circular Design Challenge, billed as India’s largest award for sustainable fashion, is looking for India’s next crop of designers who will lead sustainable innovation in the industry.

This year, applicants have been challenged to find design solutions for managing waste and pollution to ensure the regeneration of biodiversity while making a social impact. Winners will feature at the upcoming season of FDCI-Lakme Fashion Week, a collaboration which came about during the pandemic. The Fashion Design Council of India has a tradition of preserving the arts and crafts of India.

The pandemic is taking away the only source of sustenance of talented weavers in rural areas. FDCI has also been running humanitarian initiatives to aid craftspeople affected by the pandemic.

It had some years back partnered with Jharcraft, an organization that promotes sericulture, handloom, and other allied activities in the rural areas of Jharkhand, with a special emphasis on local artisans and underprivileged sections of the state.

Jharcraft hopes to provide a platform for artisans and weavers to merchandise their own products through the maximum utilization of natural resources and the manpower of Jharkhand.

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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17 December 2021, Mumbai:

More than 90 per cent of the sellers are local small and medium businesses and over half of these sellers on the marketplace come from tierII and III cities. Over one lakh are local offline retailers and neighborhood stores that have been on boarded on the Amazon marketplace.

Amazon enables small local businesses across the country to adopt e-commerce and grow their business by selling online, participating in last-mile deliveries, joining assisted shopping and more.

The rapid growth of sellers joining Amazon reflects the tremendous entrepreneurial spirit of Indian businesses and the key role e-commerce has played in their business, especially during the recent challenges caused by the pandemic.

The aim is digitize ten million small and medium businesses. Since its entry into the Indian market in 2013, Amazon has been investing in creating the infrastructure and ecosystem to support these businesses to adopt e-commerce.

This includes initiatives like taking Chai Cart and Tatkal vans to markets and business hubs in cities across India for increasing awareness about e-commerce and launching several India-first innovations for Amazon like Seller Flex and Easy Ship.

The company also operates key seller cohorts like Karigar for weavers and artisans, Saheli for women entrepreneurs and Launchpad for emerging direct-to-consumer brands.

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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16 December 2021, Mumbai:

Amazon India claims to have more than 10 lakh retailers on its platform, with over 4.5 lakh new merchants joining in the previous two years. Small and medium businesses (SMBs) account for over 90% of the company's sellers, with half hailing from tier 2 and 3 cities and beyond.

"It's heartening to see Amazon's role in enabling small local businesses across the country, including local offline retailers and neighborhood stores from across India, who are adopting e-commerce and placing their trust in Amazon to grow their business by selling online, participating in last-mile deliveries, joining assisted shopping, and more," said Manish Tiwary, vice-president Amazon India.

"As we look to the future, we remain dedicated to our goal of digitizing 10 million small businesses, including the omnipresent dukaans." "We are certain that Amazon will play a key role in propelling India's digital economy toward its USD 1 trillion goals," Tiwary added.

Over the last several years, Amazon has made significant investments in strengthening its seller base in the nation, launching multiple programs such as Launchpad, Saheli, and the Global Selling Program to assist onboard new vendors to the platform.

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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20 December 2021, Mumbai:

NDTV Swirlster spoke to Suneet Varma and Namrata Joshipura on what's coming up for them and how fashion has changed drastically during the pandemic. Almost 2 years into the times of COVID-19, we're aware of how greatly the world has changed around us.

The fashion sphere as well! The focus shifted from mass purchasing to more conscious consumption and designer wear, which otherwise burned a hole in the pocket, even became more affordable. In the Indian scenario, RIVER is a designer label launched by Amazon Fashion which fits the bill.

Backed by the very best of Indian fashion designers from JJ Valaya to Ashish Soni, RIVER celebrates amazing style that's right on trend and doesn't happen to pinch the purse strings either. NDTV Swirlster spoke to Suneet Varma and Namrata Joshipura on what's coming up for them and how fashion has changed drastically during the pandemic.

Swirlster (The news article has not been edited by DFU Publications staff)

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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16 December 2021, Mumbai:

Saahil Nayar is the chief operating officer of Idam House of Brands. Nayar is a seasoned professional with experience across the fashion and beauty industry across luxury international brands and premium homegrown brands including Versace, Roberto Cavalli, Ermenegildo Zegna, Revlon, Kama Ayurveda, and The Moms Co.

Nayar joins Idam from The Moms Co where he was working as the vice president, business. In his new role, he will be responsible for the group’s brand expansions, strategy, growth, culture, and marketing. He has a highly organized way of studying, planning and has a deep understanding of consumer behavior.

Ananta Capital-backed Idam House of Brands which owns several D2C brands including Bella Vita Organic is on a mission to make multiple categories ranging from skincare, cosmetics, pet care, daily consumables, etc. accessible to one and all with its customer-first approach.

The vision with its portfolio of brands is to be a conscious and conscientious partner in all walks of life to all demographics and genders through all their age and stage lifecycles. Idam House of Brands aims at reaching Rs 300 crores over the next two years. Ananta Capital is an investment management platform focused on partnering with businesses for the long term.

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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18 December 2021, Mumbai:

Abhishek Gupta is the new chief financial officer (CFO) of Myntra.

He is currently the head of finance, Flipkart Wholesale and Walmart India. He began his stint with the Flipkart Group in 2018, joining as director, business finance, coming from Unilever, where he worked for close to six years, for various verticals and across geographies.

In his new role, Gupta will be responsible for the finance division and lead business partnering and strategic growth initiatives at Myntra. He is a chartered accountant and seasoned leader with over 16 years of experience in the e-commerce and FMCG industries.

Walmart-owned online fashion retailer Myntraexpects about seven lakh new customers on its platform during the ongoing End of Reason Sale (EORS), being held from December 18 to 23, 2021, with participation from more than 5,000 brands.

The event is slated to cater to the fashion, beauty, and lifestyle needs of over 40 lakh customers across the country. About 45 percent of the overall traffic is expected to come from TierII and III cities and towns. Expanding its Omni network further, Myntra has integrated over 350 brands and 2,900-plus stores across the country. Omni-channel services are being offered in over 42 cities and across 1.4 lakh styles.

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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17 December 2021, Mumbai:

UK-based SupplyCompass said it plans to onboard 5,000 fashion brands and their supply chains in India over the next year.

The company, which helps fashion brands collaborate with their manufacturers and drive sustainable practices, is also aggressively hiring with plans to increase their workforce by 200 in the next 12 -18 months. SupplyCompass aims to make India a strategic hub for its operations to expand its presence further in South East Asian economies, it said.

ET (The news article has not been edited by DFU Publications staff)

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage