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News 11-09-2023

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.

News 11-09-2023

Reliance Retail Expands Presence

08 September 2023, Mumbai

IN BRIEF

Reliance Retail has unveiled Gap, the global clothing and accessories brand, in Pune's Amanora Mall, Hadapsar. This marks Gap's third store in the city since Reliance Retail's partnership with the American fashion brand in July 2022.

Reliance Retail serves as Gap Inc.'s official retailer in India, combining physical stores and digital commerce. Gap, founded in 1969, offers apparel, accessories, and personal care items for all ages through various retail channels.

Latest Textile Events

News 08-09-2023

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.

Latest Textile Events

News 07-09-2023

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.

Latest Textile Events

News 06-09-2023

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.

Latest Textile Events

News 08-09-2023

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.

Latest Textile Events

News 07-09-2023

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.

Latest Textile Events

News 06-09-2023

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.

Latest Textile Events

News 08-09-2023

Mango's new Selection collection

06 September 2023, Mumbai

IN BRIEF

Mango, the Spanish fashion brand, unveils its inaugural Autumn/Winter Selection collection, blending 90s nostalgia with a touch of 2000s flair. This collection harmoniously bridges professional and casual wear, spotlighting versatile tailored jackets.

With a focus on work-to-leisure transitions, the Selection collection reimagines classic tailoring with modern twists, offering an array of leather pieces in captivating styles, including caramel-toned suede highlights. Perfect for returning to daily routines, it's a nod to the past with a contemporary twist.

Latest Textile Events

News 06-09-2023

Textile and Garment Industry to Converge in Dhaka

05 September 2023, Mumbai

IN BRIEF

3 textile and garment exhibitions to be held in Dhaka from Sep 13-16

The exhibitions will feature over 1,600 manufacturers from 37 countries and provide a platform for buyers and sellers to explore cutting-edge textile products and solutions.

Latest Textile Events

News 05-09-2023

CENTRESTAGE: Asia's Top Fashion Event

07 September 2023, Mumbai

IN BRIEF

Asia's premier fashion event CENTRESTAGE is taking place from 6 to 9 September at the Hong Kong Convention and Exhibition Centre.

The event features more than 240 participating brands from 19 countries and regions, including Hong Kong designer Wilson Choi's brand REDEMPTIVE and acclaimed Japanese designer Emi Funayama's brand FETICO.

The event also includes a variety of events, such as fashion shows, forums, and lucky draws.

Latest Textile Events

News 07-09-2023

Akshay Kumar's Force IX Launches Direct-to-Customer E-Commerce Store

06 September 2023, Mumbai

IN BRIEF

Bollywood celebrity Akshay Kumar's apparel brand Force IX has launched its direct-to-customer e-commerce store to cater to shoppers across India. The launch coincides with the brand's autumn/winter collection drop, which features a rainbow of bright colors across athleisure staples such as tracksuits and graphic t-shirts.

The brand's signature camouflage print also features button-down shirts and cold-weather essentials.

The e-commerce store offers free shipping and hassle-free exchanges and is currently offering shoppers 10% off their first order.

Latest Textile Events

News 06-09-2023

Flipkart to create 100k seasonal jobs for festive season

05 September 2023, Mumbai

IN BRIEF

Leading e-commerce company Flipkart will create more than 100,000 seasonal jobs in its supply chain network in preparation for the upcoming festive season and its "The Big Billion Days" (TBBD) sale.

The expansion will encompass fulfillment centers, sortation centers, and delivery hubs located throughout the country. The positions will cater to a diverse range of individuals, including local kirana delivery partners, women, and individuals with disabilities.

Latest Textile Events

News 05-09-2023