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Lifestyle 21-04-2022

Under Armour launches distributor model in India

21 April 2022, Mumbai:

Three years after setting up a fully-owned subsidiary in India, sports apparel manufacturer, Under Armor has launched its distributor model in the country.

The Baltimore-based company has appointed a company launched by Tushar Goculdas, Underdog Athletics as its local distributor and master franchisee.

ALSO READ Under Armour India's MD takes over its local ops

Underdog Athletics was launched in April 2021 to prepare for the takeover.

Off late, Under Armour has been expanding its distribution network across the world including countries in the Southeast Asian region, South Africa and Japan.

India is the latest entrant to this list.

Under Armour operates 28 franchisee-owned and operated outlets in India and plans to continue adding about 10 stores a year in the coming years.

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Lifestyle 21-04-2022

Under Armour launches distributor model in India

Luxury handbag maker Tiger Marron launches new collection

20 April 2022, Mumbai:

Luxury handbag brand Tiger Marron has launched a new collaborative collection of bold bags titled ‘Tiger Fish’ with jewelry artist Nitya Arora.

The collection blends Tiger Marron’s leather craftsmanship with Nitya Arora’s intricate jewelry designs.

It features bags for both day and night.

ALSO READ Baggit launches new digital campaign

Inspired by the aquatic theme, the bags are shaped like different types of shells and have been launched in pastel and pop-art hues.

The brand gives a whimsical name to each bag in the collection.

It includes a ‘Bow Me’ tote bag in magenta with lime green accents along with the ‘Iconic Shoulder Bag’ in vibrant Kelly green.

The collection is being sold on the Tiger Marron e-commerce store to both Indian and international shoppers.

Established in New Delhi in 2018 by Sahil ‘Tiger’ Nandrajog, Founder and CEO, the brand uses biodegradable leather in its collection.

The label has also launched a vegan accessories range.

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Lifestyle 20-04-2022

Luxury handbag maker Tiger Marron launches new collection

Language Store at Lulu Global Mall, Bengaluru

16 April 2022, Mumbai:

Language launched a new Store in Lulu Global Mall, Bengaluru.

Language, a leading homegrown leather footwear and accessories brand with an international presence for men and women are proud to announce the opening of its first store in Bengaluru.

The new store is located at Lulu Global Mall which is the biggest mall in the city.

ALSO READ Language, Footwear brand launches new casual collection

Language has lived up to its reputation as an exceptional footwear and accessories brand offering a full range of leather products.

Language ensures that only the best goes into the making of any of their products by producing most of the raw materials in-house.

The store stocks its shelves with its new collections for men and women, with styles like loafers, derbies, boots, sneakers, handbags, totes, etc.

The store will benefit its shoppers with the introduction of the new Language Black collection which is the most premium collection offered by the brand. This new collection includes premium hand-painted and exotic leather products.

Keeping the present health situation in mind, the vaccinated team of the new store takes all the necessary Covid safety measures to ensure customers have complete peace of mind while enjoying their shopping experience.

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Lifestyle 16-04-2022

Language Store at Lulu Global Mall, Bengaluru

Hong Fu Indl Grp, Taiwanese footwear mfr to invest in TN

12 April 2022, Mumbai:

Taiwanese footwear manufacturer Hong Fu Industrial Group will invest Rs 1,000 crore over the next five years to set up a factory in Tamil Nadu.

As per the memorandum of understanding (MoU) signed with the Tamil Nadu government, the plant will employ 20,000, mostly women, and manufacture non-leather-based footwear that does not require much water.

ALSO READ Stalin,Tamil Nadu announces mega textile park

The unit will export footwear from global brands like Nike, Puma, Converse and Vans. It also has plants in China and Vietnam.

The investments would be made in phases over the next three to five years and the unit would also boost footwear exports from the State.

It will give a major impetus to the footwear production and export in the State. Hong Fu serves a host of global footwear brands such as Nike, Puma, and Converse, among others.

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Lifestyle 12-04-2022

Hong Fu Indl Grp, Taiwanese footwear mfr to invest in TN

Walkaroo International targets ₹2,300 crores revenues in coming years

20 April 2022, Mumbai:

One of the largest footwear manufacturers in India, Walkaroo International is aiming for Rs 2,300 crore in revenue in the coming years.

In 2022, the company’s revenues grew by 20 percent to Rs 1,850 crore.

The growth was achieved despite the closure of many brands’ units and stores due to the pandemic.

Wallaroo also plans to set up a new production plant in Rajasthan with an investment of Rs 75 crore.

The plant will produce over one lakh pairs per day with an initial capacity being 60,000 pairs a day, says V Noushad, Managing Director.

Currently, the company has 12 units across the country.

It plans to set up a unit in Africa soon besides expanding its plant in Bangladesh, adds Noushad.

The brand has exclusive outlets and sells through distributors and retailers across the country.

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Lifestyle 20-04-2022

Walkaroo International targets ₹2,300 crores revenues in coming years

KVIC to sell Varanasi Pashima products

14 April 2022, Mumbai:

The Khadi and Village Industries Commission (KVIC) plans to sell 'Made-in-Varanasi' Pashmina products for the first time ever through its showrooms, outlets, and e-commerce store.

Vinai Kumar Saxena, Chairman, KVIC launched the new product range during an event in the city. The Pashminas are made by Khadi weavers in Varanasi.

ALSO READ Khadi and Village Industries Commission (KVIC): 7-decades-old 'Khadi Emporium' prohibited for selling fake Khadi products

Their manufacturing increases Varanasi’s Khadi turnover by around Rs 25 crore. The project will also create improved employment opportunities for Varanasi’s weavers who will be able to earn around Rs 1,300 for weaving a Pashmina.

KVIC has also opened a new Pashmina wool processing unit in Leh-Ladakh.

The KVIC is charged with the planning, promotion, organisation and implementation of programs for the development of Khadi and other village industries in the rural areas in coordination with other agencies engaged in rural development wherever necessary.

Its functions also comprise building up of a reserve of raw materials and implements for supply to producers, creation of common service facilities for processing of raw materials as semi-finished goods, and provisions of facilities for marketing of KVIC products apart from organisation of training of artisans engaged in these industries and encouragement of co-operative efforts amongst them.

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Lifestyle 14-04-2022

Aranyani, Luxe handbag label launched in NY

11 April 2022, Mumbai:

Amalgamating traditional Indian craftsmanship, contemporary format, and design, India’s Consulate General launched its first luxury handbag brand, Aranyani in New York.

Denoting the goddess of forest in Sanskrit, the collection focuses on the ‘Make in India' initiative of the government.

ALSO READ Baggit launches new digital campaign

It symbolizes the best of India coming to New York.

The brand reflects the vibrancy, energy, enterprise, and entrepreneurship of India today.

It follows a zero-waste manufacturing strategy, is a paperless and plastic-free atelier, and honors its craftspersons by putting their names in every QR code in each and every bag ensuring the buyer knows who made the product, says Haresh Mirpuri, Founder, and Chairperson, Aranyani.

India posted a record $418 billion in apparel exports in 2021-22, an increase from $292 billion in 2020-21 -- the pandemic-affected years.

Just as in the aftermath of the 9/11 attacks and the 2008 financial crisis, New York will bounce back and rise again from the pandemic with the support of the business community, the diaspora, and its residents, Mirpuri emphasized.

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Lifestyle 11-04-2022

Aranyani, Luxe handbag label launched in NY

Nicobar’s new Bengaluru store features dedicated apparel and jewelry

19 April 2022, Mumbai:

The new brick-and-mortar store of fashion and lifestyle brand Nicobar in Bengaluru will house its selection of men’s and women’s wear as well as its accessories and home décor lines.

The store launched the brand’s latest gold jewelry collection of talismans, earnings, and pendants. The jewelry items feature seed pods, flower buds, and spices.

ALSO READ January retail sales restricted to 91 per cent of pre-pandemic levels: RAI

The store also launched the brand’s apparel collection of pink blossom-inspired shirts and loose separates.

With a bright, white interior, the store reflects Nicobar’s modern, pared-down take on Indian design heritage. Its lush greenery and well-designed segments suggest ways of styling products.

Founded by Simran Lal and her husband Raul Raj, Nicobar retails from its pan-India store network as well as its dedicated e-commerce store. Starting as a clothing, jewellery, and accessories label, Nicobar expanded into homeware in 2020.

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Lifestyle 19-04-2022

Nicobar’s new Bengaluru store features dedicated apparel and jewelry

LVMH: Good start to the year

13 April 2022, Mumbai:

LVMH Moët Hennessy Louis Vuitton, the world’s leading high-quality products group, recorded revenue of 18 billion euros in the first quarter of 2022, up 29% compared to the same period in 2021.

Organic revenue growth was 23%.

ALSO READ LVMH & Kering: PETA takes aim at luxury industry

LVMH had a good start to the year against a backdrop of continued disruption from the health crisis and was marked by the dramatic events in Ukraine.

All business groups achieved double-digit revenue growth, except for Wines & Spirits, which continued to see supply constraints.

The United States and Europe also achieved double-digit revenue growth; Asia continued to grow over the quarter despite the impact of a tightening of health restrictions in China in March.

The LVMH Group is closely monitoring developments in Ukraine and the region.

Its first priority was to ensure the safety of its employees in Ukraine and to provide them with all the necessary financial and operational assistance.

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Lifestyle 13-04-2022

Chumbak to open multiple stores during 3 years

09 April 2022, Mumbai:

Accessories, homeware, and lifestyle brand Chumbak plan to expand its offline operations by opening around 50 new brick-and-mortar stores across India in the coming two to three years.

The brand aims to target Tier II locations in Jaipur, Tamil Nadu, and the Northeastern states this year as part of its aggressive expansion plan Vasant Nangia, CEO, Chumbak says, the brand plans to set up over 100 stores in the next two to three years.

ALSO READ Chumbak’s online business shows significant growth during pandemic

It also plans to recruit more people as store managers, merchandising staff, product staff, etc.

The plan to expand offline follows a challenging pandemic where the brand had to close down around 17 of its stores as they could not remain financially viable in the face of lockdowns, bringing its total store count from 70 to 53.

However, the brand believes, the current situation is apt for the brand to expand once more.

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CREDITS: Fashion Network report.

Lifestyle 09-04-2022

Chumbak to open multiple stores during 3 years

Language launches most premium collection till date

16 April 2022, Mumbai:

Leading footwear and accessories brand Language has launched its most premium collection to date- the Language Black collection.

This new collection includes premium hand-painted and exotic leather products.

ALSO READ Language shoes offer premium shoe line

The collection was launched at the brand’s first store in the Lulu Global Mall in Bengaluru.

It offers a full range of leather products.

The products are made with the in-house raw materials produced by the brand.

It offers new collections for men and women, with styles like loafers, derbies, boots, sneakers, handbags, totes, etc.

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Lifestyle 16-04-2022

Language launches most premium collection till date

Lifestyle brand Pero uses video content to showcase latest collection

12 April 2022, Mumbai:

Aneeth Arora’s sustainable fashion and lifestyle brand Pero uses video content to showcase its latest womenswear and menswear collection Up.

Created in collaboration with Nikhil D, Creative Director and Co-Founder, Feat Artists, the collection adopts an all-encompassing approach to cater to consumers looking for more engaging content.

ALSO READ 'Pero' celebrates with a week of interactive events

The collection features large floral prints mixed with Pero’s signature check textiles. It features layered prints with white backgrounds and the brand’s signature oversized silhouettes.

Crochet, appliqués, quilting, and stripes for men and women add to the artistic feel of the collection that has just launched on Pero’s online store as well as across its stockist.

Videos for the collection were shot by Abhishek Gambhit in collaboration with Flying Boots Production and mixed with art and graphic design by Vartika Sharma.

The video and campaign shoot also features styling assistance by Aashima Singh and hair and makeup by Sonam Solanki with a team including Lawang Tamang, Shreya Ganotra, and Rishi.

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Lifestyle 12-04-2022

IHGF Delhi Fair received solid business enquiries

07 April 2022, Mumbai:

The recently concluded 53rd edition of the IHGF Delhi Fair received business enquiries worth Rs 3, 650 crore.

The fair was attended by 4,856 buyers and buying representatives from 92 countries and around 2,596 exhibitors presented their collections.

AlSO READ 53rd IHGF Delhi Fair 2022: CONNECTING THE BEST IN INDIA's

The show focused on sustainability as buyers sought eco-friendly and compliant ranges in home and lifestyle products. European buyers sourced interesting regular use bags as alternatives to plastics, amongst other home products.

Rakesh Kumar DG, EPCH & Chairman, IEML says, the show highlighted grassroots level artisans and manufacturers whose business model is essentially centered on sustainability.

The show awarded Ayush Behal, Alpha Corporation and Chirag and Sanya Parnami, Seen Unseen with Ajai Shankar Memorial Awards for Best Design Display in the home textiles furnishings and floor coverings category.

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Lifestyle 07-04-2022