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Brands-To-Retail 06-08-2022

Triumph International inaugurates 1st exclusive store in Pune

06 August 2022, Mumbai:

One of the world’s leading intimate apparel brands, Triumph International India inaugurated its first exclusive standalone retail store at Phoenix Market City in Pune.

Triumph international India's 804 sq. ft. store is thematically designed with set-ups and fixtures in both brands’ signature colors.

ALSO READ Triumph unveils 2022 collection at 12th Annual Fashion Show

The store offers comfortable fitting zones, spacious changing rooms, an uncluttered shopping experience, and an extensive range of premium intimate clothing across various categories. Consumers can also avail expert fitting advice from their well-trained fit experts.

With a determined vision of providing a range of comfortable and splendid arrays of lingerie, Triumph International was founded in Germany, in 1886. Placing women at the forefront, Triumph International has surprised its customers in India since 2002 and has remarkably built an offline presence in 81 leading cities in the country.

Triumph India also launched its unisex bodywear brand Sloggi in October last year and recently inaugurated the first Sloggi store in Nexus Seawoods, Navi Mumbai.

Triumph is one of the lingerie brands that women seek for their innerwear needs when it comes to comfort, inclusivity, and timeless fashion.

Triumph International (India) private limited strives to empower all women to find the magic and feel across their wide range from comfortable T-shirt bras to fancy lace bras, and from high-performance sports bras and fun swimwear to relaxing loungewear.

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Brands-To-Retail 06-08-2022

Triumph International inaugurates 1st exclusive store in Pune

adidas: Strong growth in Western markets in Q2

05 August 2022, Mumbai:

“Our Western markets continued to show strong momentum in the second quarter amid heightened macroeconomic uncertainty. With Asia-Pacific returning to growth, markets combined representing more than 85% of our business grew at a double-digit rate,” said adidas CEO Kasper Rorsted. “With sports back at center stage this summer, revenues in our strategic growth categories".

ALSO READ adidas: Adjusting outlook for the FY 2022

Major developments in Q2 2022: Currency-neutral sales up 4%, despite more than € 300 million negative impact from macroeconomic constraints

Markets representing more than 85% of the business grow 14% overall Gross margin down 1.5pp to 50.3% reflecting significantly higher supply chain costs

Operating profit reaches € 392 million Net income from continuing operations amounts to € 360 million

FY 2022 outlook reflects double-digit growth during the second half of the year.

Currency-neutral revenues increase 4% despite macroeconomic constraints

In the second quarter, currency-neutral revenues increased 4% as adidas continued to see strong momentum in Western markets.

Strong demand in Western markets

The operating profit of € 392 million reflects an operating margin of 7.0%.

Net income from continuing operations reaches € 360 million

Currency-neutral revenues on the prior-year level in the first half of 2022.

Due to the less favorable market mix and the impacts of initiatives to clear excess inventories in Greater China until the end of the year, the gross margin is now expected to reach a level of around 49.0% (previously: around 50.7%) in 2022.

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Brands-To-Retail 06-08-2022

Only opens new store in Pune

04 August 2022, Mumbai:

An international fashion brand Only opened its brand new outlet at Amanora Mall in Pune. Located on the ground floor of the mall, the store offers high-quality fashion including apparel, footwear, and accessories, encompassing the best fashion solutions for young women.

ALSO READ Jack & Jones launches limited edition menswear collection in partnership with Coca Cola

The store promises to provide customers with a one-stop shop for international styles. Continuing the momentum of opening new fashion stores at the ground level, Amanora Mall has plans to provide an engaging shopping destination, with the biggest brands in fashion, food, and entertainment all under one roof.

Only started operations in 1995 in Denmark, and forayed into the Indian market with the launch of the first store in Mumbai in 2010. Having received an overwhelming response, the brand has rapidly expanded its style footprint in the country with 53 Exclusive Brand Outlets, and 140 Shop in Shops to date.

Incorporating the latest trends Only curates a unique version of fashion, keeping in mind the exclusive and differentiated fashion moments each Only girl comes across. The Only collections of high fashion western wear feature an inimitable, modern identity coupled with attractive styles and international class.

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Brands-To-Retail 04-08-2022

KZ07: Launches store in Mumbai

03 August 2022, Mumbai:

KZ07 launches its store at Palladium Mall, Mumbai. The Brand offers women western dresses, jumpsuits, party wear tops and bottoms, jewellery, perfumes, and the latest trendy girl's fashion.

Designed with a keen focus on potential customers, the store adorns neon lights in the window display with black, grey, and neon color schemes. Gondolas are meant to elevate the product presentation, whilst adding luxe to the retail space.

ALSO READ Kazo opens store in Jalandhar

Everything in the collection is curated for the diverse youth of 2022- trendy, versatile, and go-to stylized comfort wear. It’s not a fade-out fashion.

Kazo launched in 2007 is a premium high street western wear brand offering the latest fashion for dressed-up occasions at an affordable price for the new Indian woman. The brand is a home for the latest chic contemporary fashion which represents a mindset and an attitude and not an age.

It constantly pushes the envelope to bring the best and latest fashion from around the globe. It is designed for the modern Indian woman who is confident, glamorous, and sensual with a sophisticated lifestyle.

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Brands-To-Retail 03-08-2022

Jockey expands retail & product footprint

05 August 2022, Mumbai:

Leading innerwear and athleisure brand, Jockey India is expanding its retail and product footprint in the country.

The brand’s exclusive licensee in India, Page Industries, reported a 64.86 percent increase in net profit at Rs 190.52 crore for the fourth quarter, which ended March 31, 2022.

ALSO READ Page Industries (Brand Jockey) reports Q2 results

The company’s revenues from operations grew by 26.15 percent to Rs 1,111.11 crore during the quarter under review, as against Rs 880.76 crore in the year-ago period.

Page Industries is also aggressively promoting its innerwear product portfolio to its customers across the digital and outdoor mediums. It has launched a digital campaign titled ‘Luxury by Design to highlight the importance of the category and how Jockey remains committed to offering the best product to all its consumers.

Additionally, the ‘Luxury by Design’ campaign aims to highlight the super-premium offering from the brand in the men’s innerwear segment. Jockey’s product range in the men’s innerwear category has been extended to include fabrics like Supima cotton, micro modal, microfibre, lyocell, and tactel.

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Brands-To-Retail 05-08-2022

Page Industries Q4FY23 results reported

04 August 2022, Mumbai:

An exclusive licensee of leading innerwear and athleisure brand, Jockey, Page Industries has reported an increase of 64.86 percent in net profit at Rs 190.52 crore for the fourth quarter, ended March 31, 2022.

Revenue from operations increased by 26.15 percent to Rs 1,111.11 crore during the quarter under review, as against Rs 880.76 crore in the year-ago period.

ALSO READ Page Industries (Brand Jockey) reports Q2 results

After benefitting from the sale of athleisure, the company is leaving no stone unturned in promoting its innerwear product portfolio to its customers across the digital and outdoor mediums. With the launch of its latest campaign ‘Luxury by Design, the company is shifting its marketing spending toward the digital medium.

The brand Jockey is aggressively expanding in the country, in terms of geographies, towns, points of sale, and also product lines.

With over a lakh multi-brand stores, over 1,150 exclusive brand stores, and across large format departmental stores such as Shoppers Stop, Lifestyle, Reliance, and others, Jockey is now reaching consumers via online marketplaces like Amazon, Flipkart, Myntra, Nykaa, etc.

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Brands-To-Retail 04-08-2022

Page Industries maintains advertisement spend in proportion to revenues

02 August 2022, Mumbai:

The exclusive licensee of American brand Jockey, Page Industries has maintained its advertisement spending to 4-5 percent of its revenue.

The company has launched a new campaign for its men’s premium inner-wear collection.

In terms of the media mix, Jockey has been a significant spender across media.

ALSO READ Page Industries (Brand Jockey) reports Q2 results

Over the last few years, it is trying to build awareness for specific product offerings and, has increased investments in social digital marketing.

Karthik Yathindra, Chief Marketing Officer, Jockey India says, the brand’s athleisure business picked up during the COVID period as consumers shifted from casual and formal wear to athleisure.

The company also witnessed a healthy demand across innerwear for men and women, he adds. Overall, the organization clocked a 37-38 percent jump in revenue in the last financial year.

Jockey India works through distributors and multi-brand outlets and has over 100,000 touch points. The brand has 1,200 exclusive stores and opens around 150-200 brand stores every year. This year, it plans to close,300-1,350 exclusive brand stores by the end of the year.

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Brands-To-Retail 02-08-2022

Rangriti launches new monsoon collection

05 August 2022, Mumbai:

Rangriti has launched a new monsoon collection that is full of flow, color, and style.

The collection offers s wide range of elegant Kurtis, Anarkalis, salwar kameez, and palazzo in ditsy prints, soothing colours, and interesting patterns.

ALSO READ Rangriti opens new stores in Uttar Pradesh

The Monsoon collection is all about bringing colour, comfort, and the latest trends to one’s wardrobe. Every year Rangriti offers something new, refreshing, and with more innovative elements.

SiddharathBindra, MD of Rangriti says, the collection boasts of beautiful patterns and comfortable clothes. It creates a bond between monsoon and comfortable and colorful clothing.

The collection is available in all leading EBO’S and MBO’s. It is also available online on the brand’s website and other e-commerce platforms like Flipkart, Myntra, Amazon, Tata Cliq, Ajio, Nykaa Fashion, Snapdeal, and Facebook.

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Brands-To-Retail 05-08-2022

Groversons to expand production & distribution network

04 August 2022, Mumbai:

Lingerie brand Groversons aims to extensively expand its production capacity and distribution footprint and increase the brand's global presence.

The brand is also focusing on opening exclusive stores to have better buying opportunities.

ALSO READ Indian lingerie brands combine comfort with style to meet growing demand

The brand, Paris Beauty, is focusing on targeting the younger generation after continuing to serve masses of all age groups. It offers a huge range of products that satisfy every customer's needs. With the production capacity of producing almost 1.8 million pieces a month, it aims to increase this in the coming years.

Noida –based Groversons Group is a leading manufacturer ladies under garments in woven, knitted and hosiery fabric. The company has more than 70 years of experience in Indian lingerie market. With the inclination towards the international market, the domestic market has started delivering new trends to the customers, says Siddharth Grover, Director, Groversons Paris Beauty.

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Brands-To-Retail 04-08-2022

Raymond eyes bumper sales season ahead

02 August 2022, Mumbai:

Raymond is eyeing a bumper sales season ahead as people want to go back to dressing up, says Gautam Singhania, Managing Director. The brand’s same store growth more than doubled compared to the pre-pandemic levels. The company expects textile business to grow in double digits, as per an IDBI Capital report. The luxury apparel maker, which exports almost 90 per cent of its products, is also witnessing resurgence in demand from Europe.

The brand’s sales in India market have surged, thanks to the many pending weddings that took place in the summer wedding season. It also expects a good festive and winter wedding season. Raymond will make available its Ethnix brand at select Raymond Shops, multi-brand outlets and large format stores like Shoppers Stop and Central.

The 98-year-old company is banking on its brand name in the men’s category and groom lounge, to be able to push forward its ethnic wear business too. In the long term, it hopes the Ethnix brand will contribute 15-20 per cent of the total sales of a store.

Brands-To-Retail 02-08-2022

TCNS Clothing owning ‘W’ brand: Initiates the sale process

05 August 2022, Mumbai:

‘W’ brand owner TCNS Clothing is on the block as shareholders look to exit.

Sources said that TCNS Clothing has hired an investment bank for the sale process and has reached out to both private equity and strategic players to sell a stake in the company.

Nykaa, Flipkart, and Amazon are among key strategic players in talks to explore a stake in TCNS Clothing, the sources added.

ALSO READ W, TCNS Ltd- 'W is More'

About W

India’s Leading Women's Branded Apparel Company Arguably India's largest fusion wear brand - W With an aim to provide fashion in a modern retail environment to the Indian woman, the company set up its first W store in Delhi in 2002-03.

W is a classical example of a brand that has moved from an apparel-only brand to an aspirational lifestyle brand offering complete wardrobe solutions to its loyal discernible consumers, and this new store is a true testament to that.

(Money Control report)..The news article has not been edited by DFU Publications staff.

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Brands-To-Retail 05-08-2022

BoStreet introduces trendy styles across categories

03 August 2022, Mumbai:

With its bold, fun, and edgy theme live on Myntra for a quarter now, women’s fashion brand BoStreet has introduced over 2,000 trendy styles across all major categories like dresses, tops, blouses, denim, and shorts, swimwear, and co-ords.

BoStreet debuted on Myntra Stylecast in mid-April with over 500 styles.

ALSO READ The Fashion Industry Is All About Chic Styling!

The brand offers everything from casual tops, T-shirts, and regular denim to bodycon dresses, party dresses, jeans, and crop tops.

It offers a variety of prints from solids, basic to dressy, etc. While consumers have approved the brand’s entire range of collections, its best-selling categories include tops and dresses. The brand has received over 15,000 orders on Myntra in a mere span of 3 months.

Kunal Abhishek, Co-Founder, BoStreet, says, the brand aims to maintain a perfect balance between inexpensive and stylish for young buyers.

It aims to strengthen its foothold in this category by introducing new styles at the right prices.

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Brands-To-Retail 03-08-2022

The Titan to expand Taneira’s retail presence

01 August 2022, Mumbai:

After the successful launch of its women’s ethnic wear brand, Taneira, Titan plans to expand the brand’s retail presence by setting up more stores and strengthening its omnichannel presence. The brand is about to achieve a turnover of Rs 250-300 crore after five years.

ALSO READ Taneira, Titan’s women’s ethnic wear brand appoints ‘Shalini Gupta’ as GM

Currently, with 25 stores in major Indian cities, the brand plans to open 35 more stores by the end of this year and take that mark to 125 stores in the next three years. It also plans to set up stores outside India and reach the existing customer base of Tanishq and Titan Eyeplus.

Another of Taneira’s ambitions includes being a Rs 1,000 crore brand by FY27. It also aims to increase the share of omnichannel sales to overall business to 25-30 percent.

The brand is still recovering from the losses caused due to COVID. It aims to foray into states like Uttar Pradesh and Bihar, where it primarily relies on online marketing and selling.

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Brands-To-Retail 01-08-2022