Apparel, Fashion, Retail

Waimea Set To Expand Offline Presence In India After Online Debut

July 22, 2024

Waimea, the New York-based denim menswear brand, is set to enhance its offline footprint in India, just under two months after debuting its online platform in the country. This move comes as the company aims to capitalize on India’s burgeoning fashion market. The brand has already forged a

Apparel, Fashion, Retail

Shoppers Stop Reports 5% Growth In GAAP Sales In Q1 FY25

July 22, 2024

Shoppers Stop Ltd reported its Q1 FY25 financial results, showing a 5% increase in GAAP sales to Rs 1,034 crore compared to the same quarter last year. Non-GAAP sales rose by 2% to Rs 1,260 crore. However, the company experienced a 170 basis point drop in gross margin to 40.6%, and EBITDA fell by 19% […]

Apparel, Fashion, Retail

Sustainable Sportswear: Puma’s RE:FIBRE Jerseys for 35 Clubs

July 19, 2024

Global sports company Puma has significantly advanced its textile-to-textile recycling initiative, RE:FIBRE, by creating millions of replica football jerseys with at least 75% recycled textile waste and other waste materials. Starting from the 2024/25 season, all Puma football replica jerseys, including those for 35 clubs and major tournaments like the Euro and Copa

Apparel, Fashion, Retail

Kiabi Expands Textile Production In Africa With SIPI-Bénin

July 18, 2024

French fashion retailer Kiabi has launched its inaugural shipment of 80,000 children’s leggings, marking the beginning of a significant collaboration with SIPI-Bénin, a leading manufacturer in Benin. Kiabi, renowned for its 563 retail outlets across France, Spain, Italy, Africa, the Middle East, and Overseas Departments and Regions (DROM), has aligned orders for 2

Apparel, Fashion, Retail

SwopStore Partners With Snitch, Boosts Revenue By INR 5 Million

July 18, 2024

SwopStore, an e-commerce optimization platform, has collaborated successfully with Snitch, resulting in a notable revenue increase of approximately INR 5 million. Utilizing advanced analytics, targeted marketing strategies, and enhanced user experiences, SwopStore significantly bolstered Snitch’s market presence and profitability. The partnership involved in-depth data

Apparel, Fashion, Retail

Hugo Boss Adjusts 2024 Outlook Amid Global Challenges

July 18, 2024

Hugo Boss has revised its financial outlook for 2024, citing persistent macroeconomic and geopolitical challenges that are dampening global consumer demand and industry growth. These factors impacted the company’s performance in key markets like the UK and China during the second quarter. Preliminary figures show a 1% decline in currency-adjusted Group sales to EUR

Apparel, Fashion, Retail

Westside Opens New Fashion Store In Faridabad

July 14, 2024

Westside, part of the iconic Tata family, has inaugurated its newest store in Faridabad at Amolik City Centre, Sec 28, Near Metro Pillar 624. Spanning 22,255 sq ft, this store aims to inspire fashion enthusiasts with a diverse range of apparels, accessories, cosmetics and footwear, all in one location. The new store embodies Westside’s vision […]

Apparel, Fashion, Retail

Beverly Hills Polo Club Expands With New Store In Gandhinagar

July 14, 2024

Beverly Hills Polo Club has inaugurated its newest store at Swagat Holiday Mall, marking its second location in Gujarat and the 24th in India. Founded in 1982, Beverly Hills Polo Club draws inspiration from the luxurious lifestyle of Beverly Hills, California, and the esteemed sport of polo, often referred to as ‘the sport of kings.’ […]

Apparel, Fashion, Retail

ABFRL Increases Stake In Goodview Fashion To 51%

July 14, 2024

Aditya Birla Fashion and Retail Limited (ABFRL) has increased its shareholding in Goodview Fashion (GFPL), which manufactures and sells ethnic couture under the brand ‘Tarun Tahiliani,’ from 33.50% to 51%. This was achieved through a secondary acquisition of a 17.5% equity stake from existing GFPL shareholders. As a result, GFPL transitioned from an associate to […]

Apparel, Fashion, Retail

Bewakoof: From Humble Beginnings To Major Milestones

July 7, 2024

In 2011, Prabhkiran Singh, founder and CEO of Bewakoof, got on a journey that would eventually redefine his brand’s trajectory. Armed with persistence and a vision, Singh tirelessly approached shopkeepers, seeking shelf space for his fledgling brand. From Galleria Market in Powai to Heera Panna Mall in Worli to Colaba, his efforts were relentless. Despite […]