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SCOOP: MY SLEEPING GYPSY TO SHOWCASE

06 July 2022, Mumbai:

Scoop are delighted to announce sustainable womenswear label, My Sleeping Gypsy, will be showcasing their latest collection at Scoop from 17-19 July 2022 at Olympia West.

Founded and based in Kiev, Ukraine, the collection focuses on the traditional Vyshyvanka craft of dressmaking where dresses were passed from mother to daughter with the intention of bringing good luck.

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Made up of five female owners and founders; Angela Hertault, Katya Hermann, Stasya Nemyrovska, Tanya Kurylovich, and Elena Vakulchik, My Sleeping Gypsy, encapsulates Ukrainian traditions and heritage, blending these with contemporary practices. Each design can be referred to as a canvas in which both traditional and contemporary artists work together to form a unique vision.

The garments are complex and require a set of skills that goes beyond anything that can be reproduced in a factory.  The collections are created by artisans who carry forward a heritage and depth of precise skill that has been acquired through years of experience and generational knowledge. Each garment requires the mastery of around five individuals to complete it. 

In the atelier during production, one item is passed back and forth between people who apply their part of the craft which can take 3 – 5 days to produce one dress.

Sustainability, biodiversity, and animal welfare are also at the heart of My Sleeping Gypsy as all materials are animal-free materials and are sourced locally, which helps support small craft communities.

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SCOOP: MY SLEEPING GYPSY TO SHOWCASE

Columbia Sportswear: Retail footprints expanded with Bengaluru store

06 July 2022, Mumbai:

COLUMBIA Sportswear is consolidating its brick-and-mortar Indian presence with the launch of Bengaluru’s 4th and India’s largest experiential brand store.

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The brand has its plans afoot to expand its offline presence by opening a slew of stores Pan-India over the next six months.

The Chogori family is responsible in India for building a network of stores.

The brand envisages catering the right fit & mix to this target audience/TG furnishing them with the right equipment, accessories, and clothing.

CREDITS: Fashion Network

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Columbia Sportswear: Retail footprints expanded with Bengaluru store

Première Vision: The Riri Group reveals its latest collection

06 July 2022, Mumbai:

Riri Group explores the polysemic dimensions of reality to give uniqueness to its FW 23-24 collection.

The Swiss group presents two creative inspirations to define a new standard of communicating one’s personality: creativity and breadth of vision shape the collection through the variety of colors, materials, and technologies aimed at sustainability.

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Riri Group for 85 years is an iconic point of reference for the creation of details of style providing high-end fashion brands with top-quality accessories – which include zippers, buttons, metal components, and fashion jewels –, thanks to its attitude toward analyzing the contemporaneity and the future trends of the market. Fashion is necessarily a reflection of social changes, cultural turmoil, popular aspirations, and the needs of the final customer: from these assumptions comes Riri Group’s FW 23-24 collection.

The newly released collection presents two extremely dynamic paths to explore the needs of the market targeting self-expression through style: Extreme Outverse and Fluid Glamour.

EXTREME OUTVERSE Accessories for accessing multidimensionality.

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Première Vision: The Riri Group reveals its latest collection

Levi's: New store opens @ Oberoi Mall in Mumbai

28 June 2022, Mumbai:

*Levi’s launches its largest-sized store within an Indian mall to date in Mumbai’s Oberoi Mall. The retail space has a unique feature having a customisation area where shoppers can personalise their Levi’s clothing.

Not only do our brands share a common goal to always delight and inspire fans, but we also have a shared commitment to creating quality and timeless designs for all.

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“Levi’s® remains a leader in denim and casual lifestyle apparel because of our ability to create deep connections with consumers and a frictionless shopping experience that fits with their everyday lives,” said Seth Ellison, EVP, chief commercial officer, and interim Levi’s® brand president.

CREDITS: *Fashion Network

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Levi's: New store opens @ Oberoi Mall in Mumbai

H&M: To buy back own shares for SEK 3 bn

30 June 2022, Mumbai:

The board of directors of H & M Hennes & Mauritz AB has decided to utilise the authorisation granted by the 2022 annual general meeting to acquire the company’s own B shares in order to transfer capital to the shareholders and adjust the company’s capital structure.

The share buyback programme will be carried out in accordance with the EU Market Abuse Regulation (MAR) and Commission Delegated Regulation (EU) 2016/1052 (the so-called Safe Harbour Regulation).

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Acquisitions of shares will be managed by an investment firm or credit institution that makes its trading decisions regarding the timing of the acquisitions of H&M’s shares independently of H&M. In conjunction with the full-year report for 2021 the board of H&M communicated its intention to buy back shares for a total of SEK 3 billion in the period up to the 2023 annual general meeting.

The board has now decided to repurchase shares for this amount. The purpose of the purchases is to distribute surplus liquidity and thereby adjust H&M’s capital structure by reducing its capital.

Accordingly, the board of directors intends to propose to the 2023 annual general meeting that the repurchased shares are cancelled. It is intended that the reduction in share capital will be met by a corresponding bonus issue so that the level of share capital is restored.

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H&M: To buy back own shares for SEK 3 bn

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