13th July 2021, Mumbai:

Indian designer Vasihali Shadangule showcased her new collection on the last day of Paris Haute Couture Week. As per Fashion Network, Shadangule’s collection featured traditional hand-woven fabrics, like khand, to create asymmetrical silhouettes and pleated volumes.

It fashioned fringes and airy sleeves with corsets and architecturally complex dresses.

The collection included asymmetrical dresses shaped like butterfly wings, lush leaves and mermaids emerging from the sea with algae-strewn bodies, in a colour palette starting with unobtrusive whites and blacks.

But veering further into violet, gold, maroon and blueish green.

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The show stopper of the event showcased a flowing, slightly lopsided dress with layered fabrics and sheer effects, reinterpreting traditional bridal wear from a contemporary perspective.

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13th July 2021 Mumbai: 

World renowned supplier of men’s casualwear and a division of Bassi Fashions, Duke Clothing Co has selected and fully implemented STYLEman and its Product Lifecycle Management (PLM) solution from Option Systems to enhance their product development and manufacturing process.

Option Systems STYLEman Suite provides the most innovative “end to end” enterprise solutions to fashion, footwear, sports, retail, luxury and fast-moving consumer goods companies to achieve strategic and operational transformation objectives.

Option Systems offers enterprise solutions for retailers, brands and manufacturers looking to achieve their strategic or operational goals through digital transformation. Its innovative PLM software empowers users to plan, source, design and develop a range of products from apparel, footwear, sporting goods, furniture, cosmetics and luxury goods, all whilst minimising costs, speeding up time to market, improving team collaboration, and driving efficiency and consistency across the product development chain, therefore managing the entire development process in one place.

Founded in 1985, Duke Clothing Co. are recognized as Europe’s leading branded marketer of regular and king size men’s clothing. Marketing six of the most recognized brands.

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Duke London, D555, Split Star, Rockford, Laser & Future and Cut Cloths, the company designs, develops and sells its products all across Europe and to most countries across the world.

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10th July 2021, Mumbai.

Nissan Joseph has been appointed as the new Chief Executive Officer by footwear retailer Metro Brands with effective from July 1, 2021. He will be responsible for the company’s retail, brand, and expansion, reports Fashion Network. Joseph has over 20 years of experience in the footwear market with key roles at Crocs, Payless Shoes, and Hickory Brands among others.

He was earlier employed with Philippines-based MAP Active & Planet Sports Inc, a lifestyle retailer in Southeast Asia, where he was the CEO since March 2020.

He will report to the company’s founding members Managing Director Farah Malik Bhanji, and Chairman Rafique A Malik.

With this appointment. Metro aims to further strengthen its foothold in the footwear market and expects Joseph’s extensive experience to help scale in the Indian footwear market.

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The Mumbai-based company has a network of 586 stores, across over 130 cities. It houses brands like Metro Shoes, Mochi, Walkway, Davinchi and operates retail stores for Crocs.

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13th July 2021, Mumbai

Entrepreneurs Pernia Qureshi and Shehlina Soomro have launched a new pre-loved fashion e-commerce platform called Saritoria to bring vintage South Asian couture to shoppers in India and abroad.

As per Fashion Network, the e-commerce site features Indian and Pakistani brands including Anamika Khanna, Élan, and Nomi Ansari and focuses on catering to shoppers in India and the UK.

Sellers on the site upload their items themselves and set their own price. Buyers can either purchase outfits or bid on them. Saritoria provides quality checks on items to ensure they are genuine, a concierge service which takes care of the listing process for users, customer care, and shipping support.

Saritoria was launched in 2020 to start the prelove revolution.

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The platform’s mission is to empower South Asian people across the world to join the global circular economy whilst celebrating its heritage, culture, and craftsmanship.

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Number of sellers on the Amazon India platform grew by six-fold grossing over Rs 1 crore in sales during the three-day Small Business Days (SBD) event. More than 84,000 lakh sellers of around 8.5 lakh sellers on its platform received a single order from customers across the country during the event.

Around 68 per cen of these sellers who received an order were from non-metro cities like Kodagu (Karnataka), Dholpur (Rajasthan), Eta (Uttar Pradesh), Giridh (Jharkhand), Una (Himachal Pradesh) and Tinsukia (Assam). 7,500 sellers received their highest single-day sale - an increase of over 2.8 times compared to the previous SBD organized in December 2020," Amazon said in a statement.

Last year for SBD in December, Amazon India had over 7 lakh sellers and 55,000 small and medium business firms had received an order.

The company said that customers from over 20,300 pin codes across the country shopped for products offered by sellers, manufacturers, start-ups and brands, women entrepreneurs, artisans and weavers, and local shops during SBD.

The top-selling products include food processors, organic honey, laptop tables, weighing scales, bluetooth earphones, yoga mats, face masks, jackfruit flour, onion-based hair-care products, etc

The company said that Over 3,400 new products were added by Karigar sellers and over 100 Karigar sellers saw a growth of 2 fold and over 40 sellers saw a growth of 5 fold in the the segment.

10th July 2021, Mumbai:

The quick rebound in demand for its jeans, tops and jackets have encouraged Levi Strauss & Co to forecast a strong full-year profit. The company has been witnessing an increased demand for its loose-fitting jeans and street clothes as customers start refreshing their wardrobes following months-long lockdowns and COVID-19-related restrictions.

Levi is also benefiting from its collaborations with a slew of brands, including Valentino, and its push toward direct-to-consumer sales that largely helped boost its adjusted gross margin by 670 basis points to 58.2 per cent in the second quarter.

Lower promotions, price increases and sourcing savings also helped the company boost profit margins.

The Denizen and Dockers brands' owner forecast fiscal 2021 per-share profit between $1.29 and $1.33, above estimates of $1.15. It also forecast second-half revenue to be above 2019 pre-pandemic levels.

Net revenue more than doubled to $1.28 billion in the second quarter ended May 30, beating Refinitive IBES estimates of $1.21 billion. Excluding items, Levi earned 23 cents per share, versus estimates of 9 cents.

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Revenues through digital channels rose 75 per cent as people have taken to the ease of getting their orders delivered at their doorsteps. The company plans to improve digital business by investing in distribution centers and its program that allows customers to pick up online orders in stores.

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13th July 2021, Mumbai:

E-commerce firm Myntra sold over 18 million products to 4.2 million customers during its ‘End of Reason Sale (EORS). The company registered a 60 per cent growth in sales over last year as business grew by four times as usual.

Myntra claimed to have record-breaking 220 million traffic sessions during the six-day event, with 15 million first-time visitors coming to the platform.

The highest order value by an individual shopper was Rs 1.76 lakh during the sale which concluded on July 8.

As per Amar Nagaram, CEO, Myntra processed more than 11,000 items per minute at peak and has already shipped over 95 per cent of the 18 million items before the conclusion of the event, thanks to the reach of its Kirana network, across 27,000 pin codes. Myntra's Kirana network is catering to 80 per cent of the overall deliveries.

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Among metros, Delhi, followed by Bangalore and Mumbai had the highest number of orders, while Guwahati, Bhubaneshwar and Dehradun among Tier II, and Imphal, Udaipur and Shillong from Tier III, led the pack respectively.

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10th July 2021, Mumbai:

Helped by the low base of last year due to the pandemic, the Q1 FY22 sales of leading watch and jewelry maker Titan increased by two-fold. The brand’s jewelry segment grew by 107 per cent due to zero sales in April of last year. The company’s revenue grew by 117 per cent with growth of approximately 50 per cent, 10 per cent and 40 per cent coming from April, May and June months respectively.

During the April-June quarter this year, the company's sales were hit only to a small extent until the third week of April, after which there was a sharp rise in COVID cases due to the second wave of the pandemic.

Sales recovery is gradually improving across businesses, along with the increase in store operational days. This year, Watches & Wearables and Eyewear segment also witnessed rapid recovery in walk-ins with the re-opening of stores, which was seen in only Jewelry division last year.

The 'Watches & Wearables' division "grew by 280 per cent over Q1/FY21" as sales were nil in April month of last year and the recovery this year has been faster.

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The eyewear division grew by 117 per cent over the corresponding Q1/FY 21 while the 'Fragrances & Accessories ' business grew by three times over the last year.

Titan is a Joint venture between the Tata Group and Tamilnadu Industrial Development Corporation (TIDCO). It had commenced operations in 1987 under the name Titan Watches and later in 1994, diversified into jewellery and subsequently into eyewear.

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Tata CLiQ Luxury’s first virtual conclave, ‘The Luxe Life’, will be held from July 16-18, 2021. The event will be held in association with the American Express. It will host 24 industry stalwarts who will share global and local perspectives on movements that drive luxury with a purpose.

A series of narrations by leaders such as Aditi Rao Hydari, Bibu Mohapatra, Jim Sarbh, Sabyasachi and Tan France will focus on the confluence of fashion, accessories, beauty, and watch-making.

Spread over three days, the conclave will feature an ensemble of internationally recognized tastemakers who will charm audiences through innovative and engaging formats.

The first day will focus on the factors driving the growth of Indian luxury sector while the second day will look into holistic wellness and fostering conscious consumption.

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The event will close with a celebration of inclusive fashion and craftsmanship on Day 3. It will be hosted on the Tata CLiQ Luxury App and website.

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13th,July 2021,Mumbai:

Khadi and Village Industries Commision (KVIC), the statutory body for khadi under the ministry of MSME has secured trademark registrations in countries like Bhutan, UAE, and Mexico.

As per Fashion Network, KVIC has already by trademark applications in 40 countries including the USA, Qatar, Sri Lanka, Japan, Italy, Australia, New Zealand, Singapore, Brazil, among many others.

Currently, KVIC has secured trademark registrations for khadi in nine countries with the others being Germany, the UK, Australia, Russia, China, and EU.

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With the trademark registrations, KVIC will be able to sell official khadi products that includes fabric, readymade garments, khadi soaps, khadi cosmetics, khadi incense sticks, etc.

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Bridal shopping fair The WedLux Show by Araaz Shows on July 10 will feature 30 womenswear, jewelry and accessories. The event will be held on July 10 at the Hotel Worli’s Four Seasons in Mumbai, reports Fashion Network.

A range of bridge-to-luxury bridal wear brands will present their latest collections for the upcoming wedding season at the show. The shopping fair will be held in partnership with Indian actress and singer Padmini Kolhapure and will follow the necessary social distancing regulations.

After having to pause its events schedule due to the second wave of the COVID-19 pandemic and lockdowns across India, Araaz has restarted its events schedule. The backlog of weddings due to recent lockdowns is expected to create demand for bridal wear, despite the ongoing threat of coronavirus and the financial hardships caused by lockdowns.

The business also recently held the Indian Wedding Expo on July 4 at the JW Marriot Hotel in Juhu, Mumbai. The shopping fair featured 60 luxury and bridge-to-luxury brands including Ams Studio, Kavitta Sangghvi, Charlotte Britto, Jewelz by Anuradha, Padmasitaa, Archana Kochhar, Embellish by Bhakti Vora, Sanaa Couture, Jaiminis Jewellery Surat, and Lucknovi Kurties, etc

Through its Prime Day sale, Amazon will continue to support the recovery of millions of small and medium businesses (SMBs) from second COVID-19 wave. The event will be held from July 26-27 and will deliver deals and savings across categories, including smartphones, consumer electronics, TVs, appliances, etc. It will also include Amazon devices, fashion and beauty products, home and kitchen, furniture, everyday essentials and more to Prime members, along with new launches, entertainment benefits and much more.

Prime members can shop from millions of unique products offered by SMBs and avail offers. SMBs across the country witnessed great success during the last edition of Prime Day in India.

Over 91,000 sellers from over 5,900 pin codes saw success during Prime Day 2020; more than 62,000 were from non-metro and tier 2/3 cities across India and 31,000 sellers witnessed their highest sales.

Prime is enjoyed by more than 200 million Prime members in 22 countries including India.