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.

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 […]

Apparel, Fashion, Retail

Tasva Unveils Team India’s Ceremonial Dress For Paris Olympics 2024

July 7, 2024

Tasva, the men’s Indian wear brand by Aditya Birla Fashion and Retail Ltd., in collaboration with celebrated designer Tarun Tahiliani, has unveiled the ceremonial dress for Team India at the upcoming Paris Olympics 2024. The Minister of Youth Affairs and Sports, Dr Mansukh Mandaviya, revealed the official attire in a ceremony attended by Dr PT […]

Apparel, Fashion, Retail

ZYOD Secures US$ 18 Mn In Series A Funding Led By RTP Global

June 30, 2024

ZYOD, a tech-enabled fashion manufacturing platform offering seamless solutions from design to delivery, has secured US$ 18 million in its Series A round of funding. This investment round was led by RTP Global and also saw participation from existing investors Lightspeed and Alteria Capital, as well as new investors Stride Ventures, Stride One and Trifecta […]

Apparel, Fashion, Retail

Phoenix Receives Court Approval To Acquire Express Retail Operations

June 30, 2024

Phoenix, led by WHP Global in collaboration with Simon Property Group, Brookfield Properties and Centennial Real Estate, has been granted court approval to acquire the majority of Express, Inc.’s operations. This new retail platform will oversee direct-to-consumer (DTC) commerce in the US for Express and Bonobos. Phoenix aims to revitalize Express and Bonobos as

Apparel, Fashion, Retail

Raymond To Expand Ethnix Brand With 100+ New Stores By 2025

June 26, 2024

Raymond has announced plans to expand its Ethnix brand by adding over 100 new stores by fiscal 2025. Ethnix, which focuses on ethnic wear for celebrations, currently operates 114 stores. This expansion initiative aims to bolster the brand’s footprint and revenue within India’s ethnic wear segment, which has already made a significant contribution to

Apparel, Fashion, Retail

Shoppers Stop Grows Despite Retail Sector Hurdles

June 25, 2024

Shoppers Stop Ltd., a premier Indian retail chain, has showcased robust resilience and strategic agility in a challenging retail environment during the financial year 2023-24. The company’s latest annual report highlights key achievements and sets a clear vision for future growth. Despite a tough year for the retail sector, Shoppers Stop reported a 3% increase […]