Lululemon, the Canadian athletic apparel brand, has announced plans to shut down its distribution centre in Sumner, Washington, resulting in the termination of more than 100 employees. The closure, confirmed on Monday, comes as part of the company’s strategic review of its distribution
Snitch, India’s premier D2C fast fashion men’s lifestyle brand, has announced the opening of its largest store to date, strategically situated in HSR Layout, Bangalore. This expansive 10,000 sq. ft. store, located next to the Max store, is set to captivate fashion enthusiasts and style-conscious individuals. HSR Layout, known for its diverse and cosmopolitan population,
Shopsy, the Flipkart-owned e-commerce platform, has entered into children’s category by launching its summer collection across more than 100 verticals. The new collection features dresses starting at Rs 150, kids’ ethnic wear starting at Rs 129, as well as soft toys and school essentials for children up to 12 years old. As a hyper-value e-commerce […]
In the financial year 2023-24, Zudio, a prominent retail fashion brand under Trent Ltd, made significant strides by adding 203 new stores to its growing portfolio. This expansion brings the total number of Zudio stores to 545 across 164 cities, enhancing its presence in numerous micro-markets across India. The brand’s commitment to accessibility and fashion-forward
Asia biggest fashion retailer Uniqlo has plans to double its store count in India and raise it to 28-30 stores from the present 13 outlets it operates in the India. “Uniqlo currently operates 13 stores in India and plans to open about 28-30 stores in the next three years,” a source told India Retailing. “They […]
According to a study, Bangladesh has the potential to add another US $500 million in garment exports to the US, the EU and the African region through a virtual marketplace by 2027. This was the finding of a study titled ‘Establishing a Virtual Marketplace for Bangladeshi Apparels’ conducted by the International Finance Corporation (IFC) with […]
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 its Lululemon operations and retail locations into the Lululemon business is
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, […]