15 January 2022, Mumbai:

The Jordan Brand has always been a favourite when it comes to footwear. With the rise of sneaker resales and the proliferation of trading platforms, this is even more true.

According to StockX, the popular Air Jordan 1 is still the most popular model in 2021, but the rise of partnerships has reintroduced another classic, the Jordan 2.

While shoe businesses appear to be doing better than ever, it's still difficult to dethrone the Jordan Brand, which is the result of Nike and Michael Jordan's successful and decades-long cooperation. Jordan continues to lead deals in the secondary shoe market in 2021, ahead of two other giants: Nike and Adidas, according to the resale portal StockX.

Other brands, however, are pursuing these three behemoths, beginning with New Balance, which, owing to various partnerships and launches, is currently ranked fourth in the top brands for total trades for the first time in 2021. In 2018, the brand didn't even crack the top ten. Converse (5th), Reebok (6th), Vans (8th), Puma (9th), and Bape (9th) are the next brands in line (10th).

However, Crocs (7th), which has been cleaning up in the sneaker and streetwear resale market, has pipped the latter three brands to the spot. Crocs (7th) moved from being very uncool to hyper popular in just a few years.  Crocs "finished the year with the greatest average price premium of any major shoe brand, with the typical pair of Crocs trading for 98 percent above retail," according to StockX.

The Air Jordan 1 was the most popular shoe in 2021, followed by the Nike Dunk, Air Force 1, Yeezy 350, and Air Jordan 4. However, the surge of collaboration projects boosted several models as well.

This is the case with the New Balance 550, which has seen a 20-fold increase in sales, owing in part to a collaboration with Aimé Leon Dore. The Jordan 2 has also benefited from the late Virgil Abloh's Off-White label's sponsorship.

While men's shoes have traditionally been the most popular item to resell on StockX, the site has undergone major adjustments in 2021, signalling a desire to broaden the resale craze to include the entire family.

Resells of preschool-size sneakers, as well as those for smaller children, have increased by 150 percent year over year, while women's sneaker swaps climbed three times faster than men's in 2021. Over the course of 2022, both tendencies may continue to rise.

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08 January 2022, Mumbai:

The Manish Malhotra beauty collection brings in a way to enable customers to enjoy luxury on every occasion. Good part? Manish Malhotra cosmetics make you feel unapologetically beautiful and glammed up as all their products are PETA-approved, cruelty-free, and vegan.

The luxurious Manish Malhotra collection is not simply a pandora of beauty and makeup products but a feeling that empowers you to experiment & makes you feel like a star.

Manish Malhotra haute couture makeup exclusively by MyGlamm brings you a little bit of couture for everyday glamour carefully curated with India's leading fashion designer, Manish Malhotra. So, what are you waiting for? Get your hands on the Manish Malhotra beauty products and feel like the ultimate showstopper.

Who is Manish Malhotra? And Why Should You Pick Manish Malhotra Beauty Products?

One of the most celebrated fashion designers, Manish Malhotra, is a pioneer in the fashion and beauty industry.

Some of you may only know him for his haute couture fashion house, but now he is also a renowned name in the beauty industry selling larger-than-life glamorous beauty products.

He is the first and foremost Indian designer to start his beauty range and he aims to constantly evolve the fashion and beauty industry together.

myglamm.com 

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31 December 2021, Mumbai:

The 46th Goods and Service Tax (GST) Council chaired by union finance minister Nirmala Sitharaman on Friday has unanimously decided to defer hike in GST on textiles. 

The 5% GST will be applicable on Textiles as per earlier. The GST rate hike on textiles from 5 percent to 12 percent was to come into effect from January 1, 2022.

States like Gujarat, West Bengal, Delhi, Rajasthan, and Tamil Nadu in the pre-budget meet opposed the hike in GST rate.

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15th January 2021, Mumbai:

Snapdeal has announced a partnership with BOB Financial and NPCI to launch a co-branded contactless RuPay credit cards targeting the online buyers from smaller cities, an official statement highlighted.

The SoftBank backed e-commerce company reveals that the company is receiving more than 86% of its orders from outside metro cities, with more than 72% of its orders coming  from buyers living in Tier 2+ cities & towns. Snapdeal’s core target audience is the value-seeking, middle-income, price-conscious buyers who predominantly live in the smaller cities of India. 

Snapdeal has joined hands with BOB Financial and NPCI to launch a co-branded contactless RuPay credit card that aims to popularise the adoption & usage of credit cards among the growing number of online buyers from India’s smaller cities and towns. The co-branded credit cards will be equipped with contactless features and will be offered on the RuPay platform. 

BOB Financial Solutions Limited (BFSL), is a wholly-owned subsidiary of Bank of Baroda (BoB), one of India’s largest public sector banks. RuPay is the first-of-its-kind Global Card payment network from India, with wide acceptance at ATMs, POS devices, and e-commerce websites. RuPay is conceived and operated by the National Payments Corporation of India (NPCI), the umbrella organization that powers retail payments in the country.

The Snapdeal-BoB co-branded contactless cards, powered by RuPay will be rolled out to users by March 2022 and will provide a range of reward points and other benefits to the cardholders – both while they shop on Snapdeal and also when they use the card at other online and offline transaction points. 

Himanshu Chakrawarti, President Snapdeal Limited commented on this partnership, and said “We are particularly delighted to partner with BOB Financial and NPCI for the launch of this credit card. Just like Snapdeal, both Bank of Baroda & RuPay have a deep connection with users in Bharat. The synergies of this partnership will help accelerate the adoption of digital payments, especially amongst users living beyond India’s metros and Tier 1 cities”.

Shailendra Singh, MD & CEO, BFSL, also added  “We are pleased to partner with Snapdeal in our shared objective of making credit card payments popular and rewarding for a large number of new users, who are now getting familiar and comfortable with online shopping options. We continue to acquire more customers from non-metros and other smaller locations and believe that Snapdeal’s close connect with buyers in those locations, along with Bank of Baroda’s stature and distribution strength will provide the right opportunity to promote credit card usage among new users.”

The partnership between Bank of Baroda, NPCI & Snapdeal brings together parties with a strong understanding of digitally-evolving Indian consumers. Between April 2018 – September 2021, more than 50 million (Mn) unique customers have shopped one or more times on Snapdeal.

A pioneer in the space of credit cards, BOB Financial offers an array of credit cards, catering to all segments of customers.

Source: IndiaRetailing

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Today Copenhagen Fashion Week unveils the AW22 show schedule that will take place in Copenhagen on the 1-4 February. The schedule presents 20 physical activations that will be digitally broadcast alongside 9 fully digital showcases and 2 digital showcases with physical screenings, alongside a curated list of events, talks, and activations.

The full series will be available to watch live from YouTube/fashion - streamed directly on the home page for our global community.

The AW22 season of Copenhagen Fashion Week will boast a brand lineup of 31 celebrated names, including rising talents like A. Roege Hove and (di)vision, who will showcase alongside internationally renowned Nordic brands including Ganni, Stine Goya, Holzweiler, Saks Potts, and Marimekko. The AW22 edition will also see a welcome return to the likes of Martin Asbjørn and Wood Wood.

Furthermore, we are excited to welcome Jade Cropper as the winner of this season's Talent Slot, who will present for the first time as part of Copenhagen Fashion Week.

For the third season of the Zalando Sustainability Award, Iso.Poetic by Tobias Birk Nielsen, Fassbender and Tomorrow Denim will present their collections as finalists, with the winner announced during the AW22 edition.

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30 December 2021, Mumbai:

Employment opportunities in the e-commerce and allied industries witnessed a 28 per cent surge in 2021, and recruitment activities in this segment will gain further momentum driven by economic recovery and aggressive vaccination drive, according to TeamLease Services The e-commerce sector grew by 8 per cent in 2020 and 30 per cent in 2021.

It is now poised to reach $111 billion by 2024 and $200 billion by 2026. The stellar growth in this sector has provided the much-needed impetus to the economy and striving hard in 2021 to be back on track creating a multitude of employment opportunities.

Looking at the employment ecosystem, there was a 28 per cent surge in employment opportunities in e-commerce and allied industries (e-commerce, social commerce, online grocery/essentials) in 2021, according to TearnLease Services.

With the aggressive vaccination drive pan India & economic activities gaining normalcy, next year is going to be very optimistic.

Hiring activities have resumed in most of the industries, even the ones which faced maximum impact last year said Ajoy Thomas VP & Business Head (Retail, ECommerce, Logistics & Transportation).Teams Services.

For e-commerce and startups, which have been rewarding throughout, many raw job opportunities will be added in 2022, and hiring will further go up by 32 per cent. Thomas added.

Over the year, the demand was high for supply chain management, warehouses e support services, and customer service management.

The report further noted that not only Tier I locations, but even Tier II to Tier IV regions within a surge in hiring.

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

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29 December 2021, Mumbai:

Since opening its first atelier in Paris during the late '70s, fashion brand Alaïa has been revered in the industry for designing clothes that highlight the shape of a woman's body. From the brand's use of luxe yet flexible fabrics to its figure-hugging silhouettes, very few capture curves quite like the storied maison.

Today, under the creative direction of designer Pieter Mulier, the iconic brand is lending that same iconic approach to a new collection of swimwear, which the brand shares with BAZAAR exclusively.

Paying homage to its roots, the Parisian house has created a nostalgic yet relevant lineup of bathing suits. Some of the collection's instantly recognizable details include studding, eyelet, zips, leather, and it's signature open-knit design.

As for the product itself, fans can expect retro silhouettes like high-cut one-pieces and bolero-style "swimming" jackets, which offer a chic alternative to classic cover-ups. Other items include a two-piece bandeau bikini with open-knit cutouts and a longline midi skirt to match.

Each style comes in white, sky blue, dark green, maroon, and, of course, red.

Harper Bazaar 

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

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It is with great sadness that VDMA Textile Care, Fabric and Leather Technologies said farewell to Reinhardt Veit, who died on December 30 at the age of 96.

Reinhardt Veit founded the company Veit GmbH in 1956 and became known worldwide as a pioneer of professional ironing technology.

In 1990, he handed over the management to Günter Veit.

Since 2019, his son Christopher Veit, the grandson of the company founder, has been the group's main managing director. 

RELATED ARTICLE VDMA's webtalk: "Go Comfy with the Future of Finishing" On March 15

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28 December 2021, Mumbai:

Business-to-customer shopping fair ‘Global Fashion Wedding and Lifestyle Exhibition’ will return to Chandigarh for a winter edition from February 12 to 14, at the city’s Himachal Bhawan. 

Featured product categories at the fair will include women’s ready-to-wear, traditional wear, accessories, jewellery, home décor, and gift items among others.

The majority if brands will be in the bridge-to-luxury segment of the market and health and safety measures to prevent the spread of Covid-19 will be enforced as per local regulations. 
 
The shopping fair aims to bring together Chandigarh’s shoppers to introduce them to new brands and give them a wide range of winter and spring fashions and festive looks to choose from. Visitors will be able to discover new brands not usually available offline in the city and brands will be able to widen their reach and connect with new customers in person.

The shopping event is organised by Planning Gurus Riwaaz which holds numerous business-to-customer fairs around Chandigarh. Its most recent fashion event ‘The Closet Saga’ ran from December 11 to 12 at the city’s Hyatt Regency and featured a wide array of womenswear brands in the bridge-to-luxury segment of the market with a focus on bridal and occasion wear for the winter festive season.  

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

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