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Brands-To-Retail 01-04-2022

Raymond Apparel biz transfer to parent firm approval: NCLT

01 April 2022, Mumbai:

The National Company Law Tribunal (NCLT) has approved the scheme of transfer of Raymond Apparel Ltd business to Raymond Ltd. In September 2021, board of Raymond had approved demerging the B2C business, including apparel, of Raymond Apparel Ltd (RAL), on a going concern basis to merge with the company itself.

ALSO READ Apparel retailers Raymond, Snapdeal, Uniqlo restructure boards

“The NCLT Mumbai Bench has on March 23, 2022 pronounced the order sanctioning the scheme with the appointed date of the scheme as April 1, 2021,” Raymond said in a regulatory filing on Thursday.

Raymond in a filing on September 27, 2021 said with a focus to fast-track the recovery post pandemic, Raymond will consolidate its B2C business by transfer of apparel business into Raymond Ltd.

This brings all major apparel brands including Park Avenue , Colorplus, Parx into Raymond Ltd.

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CREDITS: ET cnbc18 Trade Brains India Express online (The news article has not been edited by DFU Publications staff).

Brands-To-Retail 01-04-2022

Raymond Apparel biz transfer to parent firm approval: NCLT

Barcelona to open 200 stores by March 2023

31 March 2022, Mumbai:

After opening its latest retail outlet in Patna, Bihar, Stitched Textiles’s menswear brand Barcelona plans to open 200 stores across India by March 2023.

Barcelona’s new store in Patna features a wide range of men’s western-style casual wear including an entire wall dedicated to denim.

ALSO READ Barcelona, Menswear brand introduces 'B2B App to streamline distribution

The spacious store houses a wide array of logo and slogan t-shirts as well as more formal blazers and accessories.

Barcelona also plans to scale up its business-to-business mobile app that is designed to facilitate the business’ wholesale retail operations and expand its distribution network.

RELATED NEWS Barcelona targets second tier

In order to scale up its operations, the business will hire an additional 300 sales officers.

Launched in 2015, Barcelona currently has a retail presence in cities including Ahmedabad, Vadodara, Indore, Jaipur, Bhopal, Ranchi, and Kolhapur among others.

The brand aims to target Tier II and III cities to tap into the non-metro market for branded apparel which the business sees as a large growth opportunity.

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CREDITS: Fashion Network report.

Brands-To-Retail 31-03-2022

Barcelona to open 200 stores by March 2023

Mango: Onboards 'Antoine Griezmann' for menswear

31 March 2022, Mumbai:

Spanish style model Mango Man has signed the Atlético de Madrid footballer, Antoine Griezmann, as the brand new face for its Spring/Summer 2022 season.

The new assortment consists of trousers in poplin and linen; summer season fits and double-breasted swimsuits; cotton and linen mix jackets in mild tones; and minimalist-look outfits with clear and pure silhouettes.

The Mango menswear line was based in 2008 to supply males with fashionable and up-to-date styles.

ALSO READ Mango's profit rise

Griezmann was the highest scorer within the 2016 Euros, in addition to within the 2018 Europa League, the 2018 World Cup, and the 2021 UEFA Nations League.

What is extra, his famend gown model, his values and his genuine and relaxed essence make him the best ambassador for the agency, the corporate mentioned in a media launch. Spanish style model Mango Man has signed the Atlético de Madrid footballer, Antoine Griezmann, as the brand new face for its Spring/Summer 2022 season.

“It is a real honour for me to be able to collaborate with a brand like Mango, which I have so much in common with.

The style of the collections is very contemporary and they have extremely versatile and easy-to-wear pieces that adapt to each person’s style.

I believe that I connect a lot with the Mediterranean spirit of the brand and its values,” Griezmann mentioned.Griezmann is concerned in quite a few charitable causes, such because the NGO Un Rien C’est Tout, which helps initiatives which have a constructive influence on individuals, by collaborating with related organisations that function in France.

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

Brands-To-Retail 31-03-2022

Mango: Onboards 'Antoine Griezmann' for menswear

Max Fashion: 400th store landmark

28 March 2022, Mumbai:

Max Fashion

Launched in the UAE in May 2004, Max was established in India in 2006, opening its first store in Indore. Now, Max India has a reach that extends to over 60 cities. Boasting a loyal customer base of over 5.5 million, Max is the most profitable value fashion format in the region.

Max is synonymous with a world-class shopping experience and the latest international styles in apparel, footwear, and accessories for Men, Women and Kids.

ALSO READ

Max offers apparel, footwear and accessories for the entire family - women, men and children.

India's largest family fashion brand, Max Fashion, gears up to celebrate its 400th store opening in Bengaluru's Kammanahalli on March 27, 2022.

This marks a significant milestone and incredible journey from its 1st store in Indore in 2006.

The brand has grown at a phenomenal pace and is now present in 170-plus Indian cities and 19-plus countries globally.

This marks a significant milestone and incredible journey from its 1st store in Indore in 2006. The brand has grown at a phenomenal pace and is now present in 170+ Indian cities and 19+countries globally.

RELATED NEWS

With a strong footprint in metros and tier 2,3,4 towns, Max is also bolstering its digital reachpresence across social platforms. With over 10-plus million app downloads, 1.7 million Facebook fans and close to 1 million Insta followers, one can shop with Max from the comfort of their homes on www.maxfashion.comMax Fashion App.

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CREDITS: Business Standard The Indian Saga Zee5 Indonesian News (The news article has not been edited by DFU Publications staff).

Brands-To-Retail 28-03-2022

Crombie & Fitch purchased by private investors

31 March 2022, Mumbai:

Crombie, the British heritage brand, has been purchased for an unknown value by a newly established corporation funded by private investors.

Crombie 1805 is directed by MD Gordon Ritchie, who has the support of a number of private investors.

ALSO READ Selfridges has started a quiet hour

Brown Rudnick, in particular, counseled the acquirers. Gordon allegedly informed the media that he wants to give Crombie a fresh lease of life, as well as raise the heritage brand's global prominence.

Gordon praised the company for its incredible history, saying it was gratifying to be able to carry on the tradition of one of the world's most recognisable companies.

Crombie & Fitch, established in London, is recognised for its jackets, suits, and fashion accessories.

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CREDITS: Apparel Resources.

Brands-To-Retail 31-03-2022

Crombie & Fitch purchased by private investors

Raymond looks at selling ColorPlus & Park Avenue

31 March 2022, Mumbai:

Raymond Group

It is one of the three leading branded apparel players in the menswear industry comprising a portfolio of Power Brands such as ColorPlus and Park Avenue etc.

ColorPlus

Launched in 1993, ColorPlus created a niche in the ready-to-wear market in India with a premium range of clothing for men.

Park Avenue

It is among India's leading Men's "Ready Made Garment" brands.

It enjoyed the Raymond Heritage and took the values of trust, integrity, quality to win over the hearts of millions of discernible consumers for decades.

ALSO READ Apparel retailers Raymond, Snapdeal, Uniqlo restructure boards

Raymond is looking to sell its apparel retailing brands of ColorPlus and Park Avenue businesses, two persons familiar with the development said.

Raymond has held talks with Denmark-based retail group Bestseller to sell the ColorPlus business, but the talks failed without a deal, they said.

One of the persons quoted earlier said Raymond was seeking a valuation of about ₹500 crores for ColorPlus.

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CREDITS: ET (The news article has not been edited by DFU Publications staff).

Brands-To-Retail 31-03-2022

Raymond looks at selling ColorPlus & Park Avenue

Bodycare Creations: Official Partners Of 'Punjab Kings'

28 March 2022, Mumbai:

Bodycare Creations

Driven by the values of trust, quality, and excellence, Bodycare International has emerged as a top player in the innerwear market. Incepted in 1992, the company today enjoys the distinction of being the country's leading manufacturer and supplier of undergarments, infant wear, thermals, and loungewear for the complete family.

Sanjay Davar, Managing Director is steering the company with a vision to grow as in leader of the pack within its product line category.

ALSO READ Bodycare International plans to expand in the premium segment

Bodycare Creations, the Indian innerwear brand, announced today that they will be continuing as one of the Official Sponsors of the Punjab Kings franchise in the upcoming season of the Indian Premier League (IPL) which begins in India on March 26.

The association is a continuation of the deal signed at the start of the last season with the Punjab Kings and will be Bodycare’s third year in the IPL.

Commenting on the association, Sanjay Dawar, managing director of Bodycare Creations Ltd in a statement said, “The association with a league such as IPL is always a boost for us. IPL is the premium sporting event in the country with a very huge viewership and provides us with the perfect platform to connect with millions of young and vibrant sports enthusiasts. With this exciting association continuing, we are set and ready to bat along with the Kings, helping each other to garner the maximum visibility and viewership for both the brand.”

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CREDITS: The Print Fashion Network (The news article has not been edited by DFU Publications staff).

Brands-To-Retail 28-03-2022

Bodycare Creations: Official Partners Of 'Punjab Kings'

Jaeger,UK will open additional M&S outlets

31 March 2022, Mumbai:

The English fashion label Jaeger is set to open 14 new Marks & Spencer (M&S) stores across the United Kingdom and Ireland.

By the end of May 2022, each new Jaeger shop will feature a section devoted to the latter, with lounging spaces, changing rooms, and Jaeger style experts to assist consumers. Jaeger, as well as 12 doors, are currently available for purchase on M&S' website. Bath, Braehead, Brooklands, Cheshunt, Dundrum, Hedge End, Kensington, Kingston, Leamington Spa, Lisburn, Manchester, Oxford, Pantheon, and York– Vangarde are among the 14 new shop sites.

ALSO READ Marks and Spencer (M&S) x Wonderbra online combo to give duo a big lift

The Spring/Summer 22 collection, which will debut in April 2022, will see the company relaunch its legendary trench coat as well as the brand's first denim goods, including a mid-rise straight jean and a high-waisted jean.

Later in 2022, the British apparel business wants to open international shop trials in Dubai, Hong Kong, and Singapore.

Jaeger is an English menswear and womenswear fashion brand and retailer that was founded in 1884.

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CREDITS: Corporate M&S & Apparel Resources.

Brands-To-Retail 31-03-2022

Jaeger,UK will open additional M&S outlets

G-Star: G-NO NFTs

30 March 2022, Mumbai:

HEADFIRST INTO THE METAVERSE

It has given its mascot G-NO a digital upgrade. Introducing our limited edition NFT collection. 10 unique avatars. 1 badass rhino. The G-NO NFTs will go to auction on Rarible.

ALSO READ Fashion designers ride on NFT bandwagon

Each G-No tells a story

Each G-NO has been meticulously crafted using digital denim fabrics alongside.

G-Star’s trademark details.

Collectors will be the first to own a piece of G-Star RAW’s Digitial denim whilst simultaneously owning a piece of our brand’s legacy.

RELATED NEWS Diesel: Launches NFT platform

G-NO is G-Star RAW’s collectable rhino mascot.

The original G-NO was created back in 2007 as a physical mascot and was only available for sale in stores twice a year.

G-NO was created by one of G-Star’s longest serving employees.

Now G-NO has had a digital upgrade as a collectable NFT avatar.

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CREDITS: G-Star (The news article has not been edited by DFU Publications staff)

Brands-To-Retail 30-03-2022

Guess opens new store in Mumbai

26 March 2022, Mumbai:

Global fashion brand Guess has opened its fifth Indian store in Mumbai Located at the Kurla Phoenix Mall, the store houses a range of apparel, handbags, accessories and more.

The brand is targeting metros to fuel its growth in India and plans to open stores in metros this year. Guess plans to further strengthen its retail presence across India with the addition of 50 new stores and is eyeing revenue of Rs 300 crore ($40.5 million) by 2026.

An American clothing brand and retailer, Guess produces clothing for men and women.

ALSO READ With the opening of a new store in Mumbai, Guess is expanding its retail reach

The brand markets other fashion accessories such as watches, jewelry, perfumes, bags and shoes. It began in 1981 as a book of styles started by Georges, Maurice, Armand, and Paul Marciano.

The brothers switched to selling jeans, with a light, form-fitting denim. Guess’s denim jeans products were officially launched in late 1981.

In 1984, Guess introduced its new line of watches known as ‘Guess’, ‘Guess Steel’, and the ‘Guess Collection.’ In 1984, they also introduced a line of baby's clothes, called ‘Baby Guess.’

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Brands-To-Retail 26-03-2022

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

31 March 2022, Mumbai:

Victoria's Secret is investing $ 18 million in a California swimsuit company.

Victoria's Secret, the world's largest lingerie shop, has announced that it will invest $ 18 million in a minority ownership in California swimsuit line Frankies Bikinis.

ALSO READ Victoria’s Secret partners lingerie brand Mindd for D+ sizes

The lingerie company had opted to quit the swimsuit category a few years ago; but, after failing sales, it decided to return the category three years ago.

Victoria's Secret is now investing in Frankies Bikinis, not just to expand its swimsuit line, but also to continue its recent pivot toward messages of female empowerment.

RELEVANT NEWS Victoria's Secret new patent

Despite recent difficulties, the US fashion shop has been a global leader in the lingerie area, which might aid Frankies Bikinis' expansion.

"Our investment in Frankies Bikinis is a continuation of our efforts to grow collaborations with culturally relevant products founded by women entrepreneurs," stated Martin Waters, CEO of Victoria's Secret.

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

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CREDITS: BIZ Journal & Apparel Resources.

Brands-To-Retail 31-03-2022

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

'Gandhi Nagar RMG Hub' to be transformed: Delhi government

29 March 2022, Mumbai:

Finally, the general infrastructure of Gandhi Nagar (Delhi), Asia's largest textile market and a hub for distributing garments across India, would be improved. The government of New Delhi has declared plans to turn Gandhi Nagar's textile market into a "grand garment center."

Notably, it will be rebranded and repositioned in the next five years to create additional jobs. This market has a daily turnover of more than Rs. 100 crore and employs one lakh people directly and another 2-3 lakh indirectly. Around 15,000 retail and wholesale establishments, as well as 5,000 small enterprises, serve India's entire domestic market in Gandhi Nagar and the surrounding districts.

ALSO READ Dilli Bazaar to help traders sell products & services online

Manish Sisodia, Delhi's Deputy Chief Minister, complimented the Gandhi Nagar market, termed "Asia's largest ready-made garment market," while presenting a Rs. 75,800-crore budget to the Assembly for the fiscal year 2022-23.

"If people utilize any items manufactured here, they may declare with pride that this is ready-made in Delhi," the Minister remarked. This will necessitate legal recognition, infrastructural rehabilitation, the building of new service centers, and Gandhi Nagar's rebranding, marketing, and repositioning. In the next five years, this programme is likely to generate more than 40,000 additional job possibilities," the Deputy Chief Minister remarked.

"Delhi markets are not only the backbone of our economy, but also the source of our respect," he continued. Gandhi Nagar's readymade garment and textile market is one such market in Delhi."

Despite the efforts of local trade groups over a decade, this market, as well as others in the surrounding districts, lacks even basic amenities such as adequate parking, hygiene facilities, transportation, and so on. Thousands of merchants, manufacturers, and wholesalers from all over India come to the market.

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CREDITS: TOI The Pioneer The Print HT & Apparel Resources.

Brands-To-Retail 29-03-2022

'Gandhi Nagar RMG Hub' to be transformed: Delhi government

Puma: circularity and sustainability weigh its strategy

26 March 2022, Mumbai:

Puma bets on circularity and recycles old soccer jerseys.

Puma will experiment with an innovative manufacturing process that uses existing soccer jerseys to produce new ones. This initiative - called Re:Jersey - aims to reduce waste and paves the way for more circular production models in the future.

ALSO READ PUMA EXTENDS W SERIES PARTNERSHIP AND SIGNS EMMA KIMILÄINEN FOR 2022 SEASON

The process used in RE:JERSEY means that old garments that feature logos, embroideries and club badges, which previously hindered recycling efforts to turn old garments into new ones, can now be used. The RE:JERSEY project takes football kits as the major ingredient to create yarn for new jerseys.

Sports company PUMA will pilot an innovative production process to use existing football jerseys to produce new ones.

Puma launches Re:Jersey, repurposing the yarns in old soccer jerseys to make new ones as part of its circularity program.

While PUMA’s football kits on the market today are already made from 100% recycled polyester, RE:JERSEY kits are made with 75% repurposed football jerseys. The remaining 25% comes from SEAQUAL ® MARINE PLASTIC1.

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CREDITS: The Spin Off Business Wire Financial Post News Break (The news article has not been edited by DFU Publications staff).

Brands-To-Retail 26-03-2022