All Stories

ONDC: Intends To Digitize Value Chain

16 June 2022, Mumbai:

*ONDC (Open Network for Digital Commerce) intends to enable Kirana and the value chain to run digital storefronts transparently with broader logistics and inventory options, analysts posit as the pilot continues in the early days.

The open network for digital commerce (ONDC ). The government-backed initiative aimed at curbing digital monopolies is working on a framework for an in-house settlement system.

koshy expects that it will bring in 'efficiency in processing' payments, especially for new entities. It is said to be ready in a month's time.

A committee with representatives from ONDC, Bombay stock exchange, and National stock exchange as well as from the national payment corporation of India (NPCI) and a few leading banks are evaluating the regulatory framework for the service which can be offered by any service provider on the network.

ONDC which is being pitched as a solution to make the E-Commerce platform agnostic and therefore break the dominance of large etailers.

CREDITS: *ET

ONDC: Intends To Digitize Value Chain

Billi London with Accelerated Degradation in Landfill

20 June 2022, Mumbai:

Billi London is shaping the future of fashion with revolutionary eco legwear. Founded by Sophie Billi-Hardwick and Marie Bouhier in November 2020, the pair’s goal was to create durable and comfortable hosiery that was no longer seen as disposable or for single-use.


This year, Billi London has been selected as one of only five brands to present as an Organic Exhibitor at the Salon International de la Lingerie (SIL) from 18-20 June at Porte de Versailles in Paris.

Sophie Billi-Hardwick from Billi London will be one of the panellists in a fire-side style discussion titled ‘Women who change women!’ paying tribute to those women who innovate and make an impact on the conditions of other women worldwide.

The talk will take place on Monday, June 20.

The Billi London eco legwear collection comprises tights, leggings, and socks, all of which choose to prioritise quality over quantity.

Billi London with Accelerated Degradation in Landfill

Copenhagen Fashion Week: SS23 brand line up announced

03 June 2022, Mumbai:

With an exceptional season ahead, the SS23 edition of Copenhagen Fashion Week has announced its lineup of 36 brands that will showcase as part of the official schedule in August 2022.

RELEVANT NEWS ACIMIT, ITA organize Italian Pavilion @ Techtextil North America,May'22

The show schedule is planned as a fully physical activation this season, with live streams of all shows available to watch.

ALSO READ ACIMIT's New Logo & Website

With a strong dedication to emerging talent, SS23 will welcome back the future visionaries of the schedule, from Jade Cropper, (di)vision, The Garment and A. Roege Hove, P.L.N. and Finnish label Latimmier will join the schedule for the first time, as will OperaSPORT. .

With an aim to present the best of the Nordics, Ganni will be back physically for August, alongside the highly anticipated continued presence of Saks Potts, Helmstedt, etc.

Join our community on Linkedin

 

Copenhagen Fashion Week: SS23 brand line up announced

Flipkart: Starts ‘Flipkart Student’s Club’

29 May 2022, Mumbai:

Flipkart kicked a very differentiated initiative to cater to 10s of millions of Indian students facilitating their academics, cultural, social, and extracurricular interests by rolling out a designated remote storefront on its app, called the  ‘Flipkart Student’s Club’ designed to suit their needs closely.

ALSO READ Flipkart is a firm believer in real-time transactions

This initiative is likely to evince a great response drawing participation from hundreds of brands offering out of box propositions to enhance students’ shopping experiences.

RELEVANT NEWS Retail biggies team up to end Amazon-Flipkart dominance in Indian e-commerce

The given initiative will make a pitch to attract millions of students from across the country closer to brands and services enhancing their experience and capabilities.

Join our community on Linkedin 

Credits: Business Standard

Flipkart: Starts ‘Flipkart Student’s Club’

The Ordinary: Available on Nykaa.com

31 May 2022, Mumbai:

The Ordinary, Skincare brand, makes its debut in India with The Estée Lauder Companies and Nykaa.

RELEVANT NEWS  Nykaa Fashions Q4FY22 results reported

The brand, founded in 2013, will retail exclusively through Nykaa.com and Nykaa Luxe stores.

ALSO READ  Nykaa Fashion to launch sale event with Bollywood actor 'Alaya F' 

The Ordinary is an evolving collection of skincare products for a variety of skin-related treatments.

Join our community on Linkedin 

The Ordinary: Available on Nykaa.com

ENGN (D2C): Appoints Esha Deol as brand ambassador

01 June 2022, Mumbai:

ENGN, a D2C performance wear brand, part of Varanium Lifestyle Pvt Ltd. that majorly focuses on the product and design for women has signed Esha Deol as brand ambassador.

RELEVANT NEWS  ABFRL: To enter D2C & improve visibility

The brand has rolled out a year-long campaign #OwnYourGame featuring Esha Deol, on Instagram and Facebook.

ALSO READ  D2C Consumer brand Chupps raises funds

Esha will be seen in an athletic avatar donning ENGN apparel.

Join our community on Linkedin 

CREDITS: Financial Express

ENGN (D2C): Appoints Esha Deol as brand ambassador

High Street Essentials: Raises Fresh Funds

29 May 2022, Mumbai:

High Street Essentials, a Delhi-based fashion retailer, has raised Rs 40 crore in a combination of equity and debt from venture debt firm Stride Ventures. 

High Street Essentials or HSE founded in 2012 by Shivani Poddar and Tanvi Malik, which owns women’s fashion brands, FabAlley and Indya offer fast fashion through its omnichannel retail model.

ALSO READ  High Street Essentials to launch in international markets

With the latest funding, the fashion house through Indya is foraying into the premium occasion wear category, Indya Luxe. The Luxe range comprises occasion & festive wear, priced between Rs 6,500 and Rs 18,000.

RELEVANT NEWS Indya launches a new premium occasion-wear line 'Indya Luxe'

Fast fashion is a business model which basically replicates recent fashion trends by mass-producing them at low cost and bringing them to retail stores quickly while demand soaring.

Join our community on Linkedin 

Credits: ET Retail

High Street Essentials: Raises Fresh Funds

Myntra: Bets on live commerce during EORS

09 June 2022, Mumbai:

Myntra, E-commerce platform for fashion and apparels, will go big on live commerce during its End of Reason Sale, from June 11 to 16.

RELEVANT NEWS  Flipkart, Myntra: Rewards Consumers With SuperCoins

Myntra's “M-Live, the social commerce platfrom, where live sessions will be hosted and fashion brands will display their products during EORS.

ALSO READ  Myntra to organize 16th edition of EORS sale 

Myntra has been organising EORS twice every year since 2014, making this the 16th such event. 

Join our community on Linkedin

Credits: ET Retail

Myntra: Bets on live commerce during EORS

FabIndia: Launches new brand in Malaysia

01 June 2022, Mumbai:

FabIndia has launched FabNu, a youth-oriented(GenZ) womenswear brand for, in Malaysia mixing FabIndia’s traditional prints with western style dresses. 

RELEVANT NEWS FabIndia expands retail footprint with new store in Chennai

FabIndia has dedicated a brick-and-mortar store in Kuala Lumpur’s City Centre for FabNu, which was first launched in India in August last year. 

ALSO READ  Fabindia: A Brand of Bharat nurturing artisans across India 

Fabindia works with over 2,200 farmers directly and over 10,300 farmers through associates to create sustainable agricultural practices.

Join our community on Linkedin 

CREDITS: ET

FabIndia: Launches new brand in Malaysia

Amazon: Opens first clothing store

30 May 2022, Mumbai:

The first physical Amazon Fashion Store 'Amazon Style' store just opened its doors on Wednesday, May 25 in Los Angeles. 

ALSO READ  Amazon seeks dismissal of insolvency plea against Future Retail

Amazon believes this development is particularly followed closely by the fashion sector as one of the most prolific for its online marketplace.

RELEVANT NEWS  Amazon: Launches Smart Commerce To Help Offline Stores Setup Digital Store-fronts 

This opening relies heavily on automation processes and digital technology with heavy use of touchscreens and QR codes. Customers can use an app to do things such as requesting items without leaving a fitting room.

Join our community on Linkedin 

Credits: FashionNetwork

Amazon: Opens first clothing store

adidas: Launches 'Run For the Oceans 2022' campaign

09 June 2022, Mumbai:

adidas India launched the 5th edition of the brand’s sustainability campaign “Run For The Oceans” in Mumbai where over 1500 enthusiasts participated.

RELEVANT NEWS adidas x Gucci collection: Ranveer Singh marks the launch 

adidas India team was joined by renowned public figures and media personalities, including Anusha Dandekar, Saiyami Kher, Karanveer Bohra, Teejay Sidhu, Aditya Seal, Akash Gaurav and Angad Bedi among others for the run. 

ALSO READ adidas x Foot Locker, Inc. Enter Into Strategic Partnership

The run involved a three-kilometre lap around Versova Beach, Mumbai.

Join our community on Linkedin

CREDITS: India Retailing

adidas: Launches 'Run For the Oceans 2022' campaign

Vietnam's Existing FTAs And Its Impact On T&A Sector: An Overview

28 May 2022, Mumbai:

Free trade agreements are the ones between two or more nations on the terms of trade. They assess the value of taxes and charges imposed on imports and exports by countries.

 

ALSO READ Vietnam Apparel industry Contribution To Nation's GDP 

With its admission to the World Commerce Organization (WTO) in 2007, Vietnam took a crucial step toward integrating with global trade and, as a result, entered into many free trade agreements. Vietnam has been active in forging bilateral trade agreements with nations worldwide in recent years.

"Vietnam has had an FTA with the EU since 2019, which has boosted its export growth. The increase, according to Hai, is due to the benefits of new-generation free trade agreements (FTAs) and regional trade agreements. Below is the list of FTAs that Vietnam has concluded by now.

Vietnam - Japan Economic Partnership Agreement. ...

Vietnam - Chile Free Trade Agreement. ...

Vietnam - Korea Free Trade Agreement. ...

Vietnam - Eurasian Economic Union Free Trade Agreement. ...

ASEAN Agreements. ...

ASEAN - India FTA. ...

ASEAN - Australia - New Zealand FTA.

 

RELEVANT NEWS Vietnam's lowdown on its foreign trade performance in Q1 2022 

In addition, as a member of the Association of Southeast Asian Nations (ASEAN), Vietnam has been a signatory to numerous Free Trading Agreements (FTAs) negotiated by the regional trade bloc.

Despite applying for World Trade Organization (WTO) membership in 1995, Viet Nam did not focus on WTO membership until 2001, after successfully establishing a bilateral trade agreement (BTA) with the United States (US).

Although the BTA was viewed as a stepping stone to WTO membership, the US proved to be a problematic negotiator during bilateral discussions for PNTR status.

The coverage of Viet Nam's FTAs has expanded to include the movement of commodities and trade in services, investment, and other elements of the trade.

 

RELEVANT NEWS  Vietnam Industry Existing FTAs And Its Impact On T&A Sector 

The agreement creating the ASEAN-Australian-New Zealand Free Trade Area (AANZFTA), is the most ambitious of the accords Vietnam has signed.

This contrasts with earlier ASEAN+1 FTAs, organized around a framework and then separate agreements. All of the elements in the AANZFTA were signed as part of a single document.

Viet Nam's exporters have profited from expanded export markets and lower tariff and non-tariff obstacles as a result of FTAs.

 

Compared to the ASEAN-6 and its FTA partners, Viet Nam was given lengthier implementation dates for tariff reduction/elimination.

In addition, Viet Nam has been recognized as a complete market economy by India, Australia, and New Zealand as a result of FTAs between ASEAN and its partners. Viet Nam has been able to participate in deeper regional economic integration due to the development of FTAs.

Join our community on Linkedin 

Vietnam's Existing FTAs And Its Impact On T&A Sector: An Overview

Latest Publications

Image