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Summer by Priyanka Gupta Opens Flagship Store

13 September 2023, Mumbai

Summer by Priyanka Gupta Opens Flagship Store in D6 Defence Colony

The renowned fashion brand unveils its first physical store, offering a luxurious and immersive shopping experience.

The store is designed to feel like an apartment, with spacious trial rooms and a checkout counter called "The Bar."

The store houses the brand's entire collection of lehengas, kurta sets, sarees, tunics, and dresses.

Latest collection

Summer by Priyanka Gupta, the renowned fashion brand that has captivated the hearts of global fashion enthusiasts through its presence in major multi-brand outlets, proudly unveils its inaugural flagship store at D6 Defence Colony.

Priyanka Gupta's flagship outlet is a luxurious treasure trove, encompassing the entirety of the brand's collections. Housing embroidered lehengas and charming kurta sets.

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Robots to Be the Ultimate Fashion Trendsetters in the Future?

12 September 2023, Mumbai

Generative AI Fashion

  • AI can help fashion designers come up with new designs.
  • AI does not replace human creativity but amplifies it.
  • Digital Reality Fashion
    • Virtual reality and augmented reality can create an immersive fashion experience.
    • Users can interact with fashion products on a deeper level.

Robotic Attire                       

  • Robotic clothing blurs the line between human and machine.
  • It can enhance human abilities and elevate us to a superhuman level.
  • The Future of Fashion
    • Robots could be the ultimate fashion trendsetters in the future.
    • AI and extended reality technologies will make it possible.

In short, the future of fashion is multidimensional and robots are poised to play a major role.

Robotics

Avery Dennison's Digital Labels for Circular Fashion

07 September 2023, Mumbai

IN BRIEF

The fashion industry produces 92 million tons of textile waste each year.

Avery Dennison is addressing this problem by developing digital labels that track the lifecycle of garments. These labels can be used to collect data on the materials used, the manufacturing process, and the end-of-life destination of garments. This information can then be used to improve the sustainability of the fashion industry and enable a circular economy.

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Reliance Retail Pumps in funds to Expand FMCG Business

06 September 2023, Mumbai

IN BRIEF

Reliance Retail Ventures is funneling INR 300 crore into its recently established fast-moving consumer goods (FMCG) entity, Reliance Consumer Products (RCPL), using optionally fully convertible debentures.

It marks the initial substantial capital injection by the company's founders, with the goal of nationwide FMCG expansion. In its previous fiscal report, RCPL had already infused INR 277 crore into the enterprise.

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Gini & Jony, expands retail footprint

08 September 2023, Mumbai

IN BRIEF

Gini & Jony, a kidswear brand, expanded with 50 new retail locations in the latest quarter, boasting a total of 550 retail outlets.

CEO Prem Ranjan leads the brand's transformation towards professionalism, focusing on systematic, customer-centric operations across design and distribution.

Founded in 1980 by Prakash Lakhani, Jay Lakhani, and Anil Lakhani, Gini & Jony offers a diverse kidswear collection.

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RRVL acquires majority stake in Ed-a-Mamma

07 September 2023, Mumbai

IN BRIEF

Reliance Retail Ventures Limited (RRVL) has acquired a majority stake (51%) in Alia Bhatt's children's wear brand Ed-a-Mamma.

The deal was announced on Wednesday in a statement by RRVL. The acquisition will help RRVL expand its presence in the children's wear market and leverage Ed-a-Mamma's expertise in sustainable fashion.

Ed-a-Mamma was founded in 2020 by Alia Bhatt and her family. The brand offers a range of eco-friendly clothing for children from 2 to 12 years old. RRVL said that it will work closely with Ed-a-Mamma to grow the brand and expand its reach across India.

The acquisition is part of RRVL's strategy to expand its portfolio of fashion brands. The company has previously acquired a majority stake in the Indian fashion brands Ajio and FabIndia.

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Ed-a-Mamma

Furniture e Secures $23M Funding

06 September 2023, Mumbai

IN BRIEF

Furniture e, a furniture e-commerce company, has secured an impressive $23 million in funding over the last three months. The funding comes from a mix of loyal existing shareholders, including institutional investors and family offices.

The company will use the funds to enhance its ability to meet the ever-changing demands of its rapidly expanding customer base, which now exceeds 10 million users.

This will be achieved through the establishment of a robust omnichannel presence, an efficient supply chain, and a strong focus on technology-driven innovation.

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Performax becomes official kit and merchandise sponsor of Indian football team

08 September 2023, Mumbai

IN BRIEF

Performax, the sportswear brand under Reliance Retail, has inked a multi-year agreement to serve as the official kit and merchandise sponsor for the Indian football team.

Under this partnership, Performax will be responsible for producing kits for all game formats and providing the AIFF with match attire, travel gear, and training wear. The Indian football team, known as the Blue Tigers, will showcase their new kit for the first time during the 49th King's Cup in 2023.

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