All Stories

Emma Chamberlain x Levi's® launch new collection inspired by nature

11 October 2023, Mumbai

IN BRIEF

Emma Chamberlain and Levi's® have launched a new collection inspired by the natural world of Northern California. The collection features six effortless pieces in earthy hues with a cozy-core styling and a signature woodsy print.

Tops include a vintage-inspired Boxy Jacket, a colorblock Mockneck Sweater, and a Fitted Knit Top with a pine tree design. Bottoms include a Midi Skirt, Trousers, and 501® Originals in a brown overdye with a lasered tree ring design.

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Levi's

Cover Story Opens Second Store in Pune

10 October 2023, Mumbai

IN BRIEF

Cover Story, a renowned fashion retail destination, announced the opening of its second store in Pune, located in the prestigious PMC Wakad area. The store offers a wide range of women's clothing and accessories, catering to the diverse tastes and preferences of the modern Indian woman.

The strategic placement of the store ensures accessibility and convenience for fashion enthusiasts across Pune.

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CoverStory

Avenue Supermarts Reports for Q2 FY24

04 October 2023, Mumbai

IN brief

Avenue Supermarts Ltd., the company behind the DMart retail chain, reported a notable 18.51% increase in standalone revenue from operations for the second quarter of the current fiscal year.

The company's standalone revenue reached Rs 12,307.72 crore, up from Rs 10,384.66 crore recorded during the same period in the previous year.

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DMart

50th India International Knit Fair (IIKF)

09 October 2023, Mumbai

IN brief

India International Knit Fair (IIKF) is a prestigious event showcasing latest knitwear collections from India and abroad.

It is a major platform for networking and business opportunities.
This year's IIKF will be held in Tirupur from October 12-14, attracting over 10,000 visitors.

IIKF will play a vital role in promoting ‘Brand Tirupur’.

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IIKF

Levi's Wins Prestigious Superbrands Status

06 October 2023, Mumbai

IN brief

Levi's, the iconic brand that epitomizes classic American style and effortless cool, has achieved a remarkable milestone by winning the prestigious Superbrands status.

This accolade is a testament to Levi's relentless commitment to quality, innovation, and customer satisfaction. Levi's exceptional ability to thrive in the competitive market reinforces its status as a leading brand in the global fashion and lifestyle industry.

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Levi's

Zudio poised to surpass Westside in revenue in 3 years

03 October 2023, Mumbai

IN brief

Zudio, the sister brand of Westside, is growing faster than its sibling, opening more stores and generating more revenue. Between FY21 and FY23, Zudio launched 219 new outlets, while Westside opened 214.

Zudio now operates 388 outlets, outnumbering Westside’s 221. Zudio contributes 40% of Trent’s revenue, and is projected to overtake Westside in revenue in three years.

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Westside

GARTEX texprocess INDIA 2024

09 October 2023, Mumbai

IN brief

India's leading garment and textile manufacturing industry tradeshow, GARTEX texprocess INDIA, returns on February 1-3, 2024 at the Jio World Convention Centre in Mumbai.

The show will showcase the latest innovations and trends in the industry, and provide a platform for professionals to connect and network.

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Gartex

Indians to splurge on Festive Shopping, shift to cash payments: UBS Report

05 October 2023, Mumbai

IN brief

Indians are ready to splurge on festive shopping this year, with 70% of respondents planning to increase their spending, according to a new UBS report published on Wednesday.

The report also shows a shift from digital to cash payments, with the former dropping from 71% to 58% and the latter rising from 27% to 35%. This change indicates a growing preference for buying local and offline goods, which could support Prime Minister Narendra Modi’s “Vocal for Local” campaign.

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ShoppingSeason

VIP Industries Promoters Mull Stake Sale

03 October 2023, Mumbai

IN Brief

The promoters of VIP Industries Ltd., India's leading luggage and travel accessories manufacturer, are reportedly considering selling their stake in the company, according to a recent report in Live Mint.

The deal, which could also include an open offer, could be worth up to $1 billion and could see the promoters completely exit the business, one of the sources said.

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VIPIndustries

Numero Uno Introduces New Logo

07 October 2023, Mumbai

IN brief

Numero Uno, India's most loved denim brand, unveils a fresh new logo, reflecting its commitment to dynamism, inclusivity, and modernity.

The new logo embodies the brand's core values of youthfulness, innovation, and meaningful fashion, setting a new standard in denim fashion.

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NumeroUno

Reliance Brands x Superdry proposed JV

04 October 2023, Mumbai

In Brief

A Strategic Move to Expand in South Asia

Reliance Brands UK (RBUK) and Superdry have established a joint venture, with RBUK holding a 76% stake and Superdry retaining a 24% ownership stake.

The joint venture will hold the South Asian intellectual property rights for the Superdry brand, and the sale of the intellectual property is valued at £40.0 million.

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Superdry

CITI Elects New Office-Bearers for 2023-2025

02 October 2023, Mumbai

IN Brief

The Confederation of Indian Textile Industry (CITI) held its 65th Annual General Meeting (AGM) on 29th September 2023, through video conferencing.

Following the AGM, the newly Reconstituted Committee of CITI elected Rakesh Mehra as Chairman, CITI, Ashwin Chandran as Dy Chairman, CITI and Dinesh Nolkha as Vice Chairman for two years i.e. 2023-2025.

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