Lululemon has agreed to acquire the Lululemon Mexico operations and 15 Lululemon retail locations from the company’s franchise partner in the market. The local franchise partner has successfully operated the Lululemon brand in Mexico since the company entered the country in 2017. Integrating
Reliance Retail and ASOS, UK’s online fashion retailer have entered into a long-term licensing agreement. “Under the agreement, Reliance Retail will be the exclusive retail partner for ASOS across all online and offline channels in the country,” a statement from Reliance Retail informed. The Isha Ambani led retailer will introduce ASOS’s curated portfolio of fashion-led
The CMAI Achievers Club successfully hosted an enlightening event featuring knowledge and success story sessions. The event included ‘Decoding Digital Marketing’ by Temujin Mansukhani and Suraj Adhikari from Schbang Academy, one of India’s leading digital marketing agencies, followed by ‘How to Build a Brand – The Go Colors Way’ by Gautam
Indian Tier 2 cities are becoming known as key players in the country’s retail sector, with Lucknow mainly standing out with an unassailable 18.4 percent share of gross leasable area. “Growth of Tier 2 cities as retail hubs is fueled by economic growth, employment opportunities and rising disposable incomes,” a report by Knight Frank India, […]
Resortecs has partnered with Decathlon, the global leader in sports equipment and apparel, to develop a fully recyclable swimwear collection without compromising performance, functionality or aesthetics. This collaboration blends state-of-the-art technology with high-performance design. Acerina Trejo Machin, the Chief Technology Officer at Resortecs, explained, “We all
Primark, the international fashion retailer, has announced plans to open a new store in Parma, Italy, marking a significant step in its expansion within the Italian market. Situated within the ‘Parma Retail’ shopping centre, close to the city centre, this store will be Primark’s second in the Emilia Romagna region, following the successful launch of […]
Mango, a leading European fashion group, is set to expand its footprint in the UK with over 20 new store openings planned for 2024. The expansion will focus on increasing presence in London, Scotland and branching into Northern Ireland, central and southern England. Daniel López, Mango’s Director of Expansion and Franchising, highlights the UK as […]
In its recently released 2023 Environmental, Social and Governance (ESG) Report, global apparel retailer Gap Inc said 98 percent of cotton utilised by the company was from more sustainable sources. “While, 100 percent of cotton utilised by Gap brand and Athleta was from more sustainable sources,” the company said in a press release. Other highlights […]
In the bustling world of baby clothing and essentials, A Toddler Thing emerges as a beacon of sustainability, safety and style. Founded by Swathi Sri Ravikumar and Ashwanth Suresh Babu, this innovative brand has captured hearts and attention with its commitment to providing eco-friendly, comfortable and affordable products for children up to the age of […]
The Dun & Bradstreet Composite Business Optimism Index stands at 75.9 percent for the second quarter of 2024, 4.2 percent higher compared to first quarter of 2024 for India. Four out of six optimism indices have shown improvement with optimism for net profits at an eight-quarter high. The Index which has been measuring the changing […]