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Mango’s sales reported for H1FY’22

19 July 2022, Mumbai:

Fashion brand Mango’s sales grew 24.8 percent to €1.214 billion in the first six months of 2022. The brand’s sales surged past the figures achieved for the first half of 2019.

The brand’s gross operating profit also grew in the first six months compared to a year ago as its key markets performed well.

The company’s investments are expected to rise above €124 million for the year as a whole.

It will mainly focus on upgrading technologies, logistics, facilities, and stores, as per Tony Ruiz, CEO.

The brand’s growth was driven by a return to stores from April and the return of social events to drive turnover upwards, he adds. Its presence in more than 110 markets around the world also helped the firm in boosting business in main regions.

RELATED NEWS . Mango’s sales surge 24.8% in H1FY’22

ALSO READ  Mango opens multiple stores in France by 2025-end

Mango focused on investing in countries such as Spain, France, the US, UK, Italy, and India.

It recently renovated its Haussmann flagship store in Paris and plans to open 300 points of sale by 2025 in Spain and France. In the UK, it plans to open in the new Battersea Power Station shopping centre in London, and in Italy, it plans to expand in the south region.

In the US, it plans a network of 40 stores by 2024. In India, meanwhile, it is partnering with Myntra to open 50 points of sale, with an estimated 15 to 20 more openings due in the second half.

By the end of the first half, Mango had 2,508 points of sale worldwide with 61 net openings since December. It expects to have more than 2,600 stores by the end of this calendar year.

CREDITS: Fashion Network

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Fizzy Goblet celebrates Indian artisans through its Mumbai store

15 July 2022, Mumbai:

Fizzy Goblet, the one-stop destination for footwear, has seven stores in India. Two in Mumbai and the others are at Pune, Delhi, Bangalore, Noida and Hyderabad. One of the Mumbai stores has been designed by Checkered Squares, a Bangalore-based design firm.

The space reflects and celebrates Fizzy Goblet’s eminent love for the Indian artisan community. The versatility of the materials, forms, hues and textures used across the décor are reflective and true to the design style of the brand and its products.

RELATED NEWS . Fizzy Globlet expands into fusion footwear with subsidiary brand 

ALSO READ  Future Market Insights Research Report On Women’s Luxury Footwear Market 
Along with a beautiful facade of signature Fizzy Goblet artwork, the brand creates a striking ambience for its consumers. The design color palette that comprises a splash of lilac with a touch of rose gold gives a sheer feel of warmth and luxe.

The décor is crisp yet calming, playing with a few soft and pastel tones crafting the right mood.

Taking advantage of the space in the store, each product is categorised and showcased with its own individually themed decor.
The colors and the mood around the holiday section are tropical, while the bridal section gives a sense of royalty yet seamlessly integrates into the overall ambience of the store.

The store also has a modest corner dedicated to its noteworthy collaborations with some of India’s renowned designers including Payal Singhal, Rahul Mishra and Tribe by Amrapali.

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Fizzy Goblet celebrates Indian artisans through its Mumbai store

Victoria's Secret: Plans to launch store in Mumbai

19 July 2022, Mumbai:

Beauty and luxury intimate wear brand Victoria's Secret is planning to open its first offline store at Palladium mall, Mumbai in August this year with its local franchise retailer Major Brands, said Tushar Ved, President, Major Brands (India).

RELATED NEWS . Victoria’s Secret: Pink Brand Head as CEO

ALSO READ  Victoria's Secret: To invest in 'Frankies Bikinis' 

Victoria's Secret, founded in 1977, is American lingerie, apparel, and cosmetics company recognised for its high-profile marketing and branding.

Victoria’s Secret had earlier launched an e-commerce store in India in partnership with Major Brands. The website features Victoria’s Secret’s line of fragrances, handbags, accessories, and beauty products.

CREDITS: ET

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Victoria's Secret: Plans to launch store in Mumbai

U.S. Polo Assn.: Official Apparel Partner of the British Beach Polo

16 July 2022, Mumbai:

U.S. Polo Assn. Named Official Apparel Partner of the British Beach Polo Championships 2022 in Sandbanks Beach, England U.S. Polo Assn., the official brand of the United States Polo Association (USPA), in collaboration with its UK licensee Brand Machine Group (BMG), was the Official Apparel Partner for the British Beach Polo Championships 2022, played July 8-9 at Sandbanks Beach in Poole, England.

RELATED NEWS . US Polo Association offers widest assortment of products at 16th EORS event 

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U.S. Polo Assn. is retailed in India by Arvind Fashions. U.S. Polo Assn. is known for its sport-inspired, classic American style and each season the brand takes it a notch higher.

The UK continues to be one of U.S. Polo Assn.'s fastest-growing markets so this is the outcome of this reality.

CREDITS: Globe News Wire (The news article has not been edited by DFU Publications staff)

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U.S. Polo Assn.: Official Apparel Partner of the British Beach Polo

Relaxo: Opens store in Jorhat, Assam

18 July 2022, Mumbai:

India’s largest footwear manufacturer, Relaxo opened a ‘one-for-all-destination’, the new store offers footwear for the entire family and launched its Exclusive Brand Outlet (EBO) in Assam, North East.

RELATED NEWS . Relaxo Footwears expands store count 

ALSO READ Relaxo Footwears Q4 FY’22 earnings reported

It houses some of the most popular brands including Relaxo, Sparx, Bahamas, Flite, MaryJane, Boston, and KidsFun.

Nitin Dua, Executive Director, Relaxo Footwears says, the new store will offer the latest designs of the season well before they are launched in the market. This will enable customers to preview the range and select the best footwear for themselves, he adds.

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Relaxo: Opens store in Jorhat, Assam

Manyavar: Collaborates with Indian Olympic Association

15 July 2022, Mumbai:

Manyavar India’s leading Celebration Wear brand has proudly signed on with the Indian Olympic Association (IOA) earning the official status as a "The Indian official style partner" for the upcoming Commonwealth Games, Asian Games 2022, and Paris Olympics.

This official announcement came about at the kit unveiling and send-off ceremony of the Indian contingent for the Birmingham 2022 Commonwealth games.

RELATED NEWS .  Manyavar to partner 'ICC Men’s T20 2021 World Cup'

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Historically Manyavar as a brand started its humble journey as a thought in 1999 when Ravi Modi ventured into a family business that revamped the men’s ethnic wear segment nationally. Rest is history, no looking back.

Ethnic wear brand Manyavar’s parent company Vedant Ltd plans to grow its retail network and product reach by foraying into Tier II and III cities of India.

The company believes these markets will offer it significant growth opportunities. The business’ promoters are Ravi Modi, ShilpiModi, and the Ravi Modi Family Trust.

CREDITS: Financial Express

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Manyavar: Collaborates with Indian Olympic Association

SCRAM: Joined Harbour 9-fold

18 July 2022, Mumbai:

Karmatex, along with its sister company, East-West Agencies (a Govt Recognized Export House) is a large garment firm exporting Knitted & Woven garments for Men, Ladies, and Kids, the success of Harbour 9 inspired the laying down of this foundation for a fashionable family revolution.

About Scram

It is one of the platforms in India to house international kids' clothing & accessories. The Indian clothing brand that focuses on high-quality, comfortable Kids' everyday wear.

RELATED NEWS .  Harbour 9 launches women’s wear line

ALSO READ Karmatex Apparels launches Men's Weekend Brand 'Harbour 9' to expand its business

Effortlessly elegant, affable, and approachable, the new line of apparel is an ideal fit for all the ladies who love to present their tastefully styled, gracefully groomed, naturally charming, and confident personalities every day.

Ensuring a perfect balance between fun and classics, high-quality, attractive, and comfortable.

CREDITS: Indian Retailer

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SCRAM: Joined Harbour 9-fold

Japan’s Onitsuka Tiger to relaunch Mumbai store

Japanese sportswear and footwear brand Onitsuka Tiger will relaunch its store in Mumbai to coincide with the launch of its new, genderless collection.

The collection centers around the color black since it better identifies the Onitsuka Tiger brand and it is redolent of the aesthetics of the ninjas, who always wore black.

The waistcoats, midi pleated skirts, velour dresses, wide-leg bottoms, and nylon jackets have a futuristic feel while also harking back to the utilitarian styles of the early 2000s.

RELATED NEWS . SRTEPC: Huge Export Opportunity in the Japanese Market

ALSO READ Japan: Garment sales income fell in Feb'22
Onitsuka Tiger first entered the Indian market in 2017 with brick-and-mortar stores in Delhi and Mumbai and then launching a dedicated e-commerce store for the country.

The brand is known for its fashion-focused sportswear which mixes Japanese aesthetics with performance wear. Onitsuka Tiger is run by Asics, the Japanese performance sportswear firm. Asics entered the Indian market in 2015 and launched its sports lifestyle brand.

Asics was established in 1949. Presently, the bulk of its sales comes from the footwear segment and the rest from apparels. Onitsuka Tiger shoes start from Rs 5,999 and go up to Rs 30,000.
The Indian footwear retail market is one of the rapidly growing sectors today. India is the second largest footwear producer in the world.

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Japan’s Onitsuka Tiger to relaunch Mumbai store

Umesh Modi Group: Unveils Street Wear, cosmetics brand

14 July 2022, Mumbai:

Umesh Modi Group forays into the beauty market with the unveiling of its cosmetics brand ‘Street Wear’ targeted at Gen Z consumers and the Indian consumer-focused skin type to cater to the Indian audience.

Street Wear will engage in an influencer campaign. It is relaunching with a focus on high-quality products.

RELATED NEWS .  Reliance Retail Looks @ Foraying Into Beauty & Cosmetics Biz 

ALSO READ  Amazon India expects fashion & beauty segments to return to pre-pandemic growth

Street Wear is set to innovate and launch many new variants within its given cosmetics product-line as per its marketing strategy in the coming months.”

CREDITS: Fashion Network

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Umesh Modi Group: Unveils Street Wear, cosmetics brand

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