31 December 2021, Mumbai:

May Dhruva and Manish Saksena presented wearable luxury at Bangalore Times Fashion Week.

May Dhruva opened with a traditional style bridal collection mixing classic embellishments and silhouettes with fusion style motifs and micro-blouses. Deep crimson lehengas with 3D floral designs walked alongside rainbow chevron ensembles for a vibrant collection to cater to brides-to-be of every style.

Monochrome men’s wear looks were subtly textured with geometric embellishments and accessorised with jade jewelry. The show concluded with a deep red lehenga with a cropped velvet blouse and life-size 3D floral embellishments.

Manish Saksena’s latest traditional wear collection had a slightly more muted color palette with the emphasis being on the subtle luxury of his chosen weaves. Fine saris featured dots, checks, and tree-like patterns in colors including mauve, leaf green, blue, and red. With looks suitable for both day and night, the collection was a nostalgic yet wearable ode to the sari.

Bangalore Times Fashion Week was held from December 28 to 29, 2021. This season, the theme was sustainable fashion.

The fashion week was live streamed for free viewing on Flipkart Video through the Flipkart mobile app. Bangalore Times Fashion Week celebrates legendary designers while also nurturing young talent every season.

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DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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29 December 2021, Mumbai:

Amazon’s leading position in U.S. e-commerce is well-documented, but the latest global rankings for app installs show the potential for newer brands to upend the online shopping juggernaut.

The tech giant ranked fourth globally in shopping app installations for 2021, according to new data from Apptopia. Amazon topped the worldwide ranking last year, as measured by the real-time competitive intelligence platform.

Three e-commerce companies leapfrogged Amazon in the global rankings: Shopee, based in Singapore, which serves Southeast Asia and Latin America; Shein, based in China, a leader in “fast fashion”; and Meesho, based in India, which specializes in social e-commerce for categories including fashion and home products.

Amazon is still first in Apptopia’s U.S. rankings for shopping app installs in 2021.

Responding to regulators in the U.S. and elsewhere, Amazon executives have repeatedly made the case that the company’s small share of the global retail market, including online and offline sales, falls short of the market power that would warrant aggressive antitrust action.

However, as of a few months ago, Amazon was expected to account for more than 40% of U.S. e-commerce sales in 2021, according to eMarketer.

geekwire.com (The news article has not been edited by DFU Publications staff)

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DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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24 December 2021, Mumbai:

Campus Activewear, a sports shoe brand, plans to raise as much as Rs 1800 crore ($250 million), through the proposed initial public offering (IPO), according to people familiar with the matter.

The Mumbai-based company, whose backers include US-based PE fund TPG, plans to submit its draft red herring prospectus (DRHP) on Friday, one of the persons said.

Campus plans to sell about 16 per cent stake, through a secondary route. Existing investor TPG will sell about 10 per cent stake, another investor QRG will sell 2 per cent and promoters will sell about another 4 per cent stake.

Campus is considering seeking a valuation of about Rs 11,000 crore ($1.5 billion), one of the persons said.

Besides private equity fund TPG Growth, the family office of the promoters of Havells Group– QRG Enterprises Limited also holds a minority stake in Campus. Both hold together about 25 per cent stake in Campus, acquired in 2017 at a valuation of Rs6000 crore.

ET first reported on Campus Activewear’s plans to float Rs 2000-crore IPO in June. Kotak Mahindra, JM Financial, Bank of America and CLSA are the lead managers for the IPO.

“We are considering listing the company in the medium to long term and it's honestly too early to comment on any specifics on valuation, size and structure,” Nikhil Agarwal, CEO, Campus Activewear had told ET. Spokespersons with TPG, QRG declined to comment.

The overall footwear market in India is Rs60,000 crore, of which sports and leisure shoes are about Rs 10,000 crore. Campus holds about 15-20 per cent market share in India, while Reebok is the leader with 45 per cent market share.

Metro Brands Ltd., the footwear retailer backed by veteran investor Rakesh Jhunjhunwala, listed on Wednesday at Rs 437 apiece, a 13 per cent discount to its IPO price of Rs 500. Currently, Metro shares are trading at Rs 481.6, at a market capitalisation of Rs 13,075 crore.

In 1983, HK Agarwal founded the ‘Action’ brand, a household name in the casual and sports footwear segment in India. Later in 1997, the Campus brand was launched. The company reported a revenue of Rs 718.2 crore in FY21 compared to Rs 732 crore a year ago. EBITDA of the company stood at Rs 117 crore, compared to Rs 136.3 crore a year ago.

Campus Group’s revenue grew at a CAGR of 15 per cent over FY15-FY21. The revenues remain prone to seasonality with the majority of sales generated over August-December; the winter season in north India, according to India Ratings.

Campus strengthened its brand presence during FY21 by increasing exclusive brand outlets as well as expanding its presence in the online segment. The brand already benefits from a healthy presence in north India and is now focused on expanding in other regions as well. During FY21, CAPL expanded its distribution network to 350 distributors.

Major footwear brands in India are Bata India, Relaxo Footwears Limited, Liberty Shoes, Khadim India, Nike, Adidas AG and Puma.

India is the second largest producer of footwear globally, accounting for 13 per cent of the global footwear production, next to China, which dominates the global footwear industry accounting for close to 67 per cent of the market, according to the Council for Footwear, Leather & Accessories.

However, the average per capita footwear consumption in India continues to be low at 1.66 pairs per annum in comparison to the global average consumption of 3 pair per annum and developed countries' average of 6-7 pairs per annum.

Economictimes (ET) (The news article has not been edited by DFU Publications staff)

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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30 December 2021, Mumbai:

Business-to-customer shopping fair Global Fashion Wedding and Lifestyle Exhibition will be held in Chandigarh, February 12 to 14, 2022. Featured product categories at the fair will include women’s ready-to-wear, traditional wear, accessories, jewelry, home décor, and gift items, among others.

The majority of the brands will be in the bridge-to-luxury segment of the market and health and safety measures to prevent the spread of Covid will be enforced as per local regulations.

The fair aims at bringing together Chandigarh’s shoppers to introduce them to new brands and give them a wide range of winter and spring fashions and festive looks to choose from. Visitors will be able to discover new brands not usually available offline in the city and brands will be able to widen their reach and connect with new customers in person.

The shopping fair is being organised by Planning Gurus Riwaaz, which holds numerous business-to-customer fairs around Chandigarh.

It's most recent fashion event which was called The Closet Saga ran from December 11 to 12, 2021, at Chandigarh and featured a wide array of women’s wear brands in the bridge-to-luxury segment of the market with a focus on bridal and occasion wear for the winter festive season.

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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28 December 2021, Mumbai:

Bollywood actress Alia Bhatt has been named PETA's 2021 Person of the Year for her work in support of an animal-friendly fashion industry.

The actress had recently invested in Phool, the company behind Fleather, which makes vegan leather out of discarded temple flowers. In addition, her vegan kidswear line, Ed-a-Mamma, also won a 2021 PETA India fashion award for helping to nurture kids' love for animals and nature.

Alia is known to advocate support for cats and dogs and often uses her voice to call for stronger animal protection laws. The actress has also starred in a pro-adoption People for the Ethical Treatment of Animals (PETA) India campaign to help felines and canines.

PETA India Director of Celebrity and Public Relations, Sachin Bangera said, "Alia Bhatt is not only helping to advance vegan fashion but also encouraging the next generation to be kind to animals."

He added, "Alia doesn't hesitate to speak up, whether she's rallying her fans to adopt a dog or cat or calling for action on crimes against animals."

TOI (The news article has not been edited by DFU Publications staff)

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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24 December 2021, Mumbai:

Drawing inspiration from the bustling, chic streets of New York, the store encapsulated the holiday vibes in its ambiance, including large spaces sprinkled with festive elements.

A phenomenal store launched at the DLF Mall of India, Steve Madden, opened its doors to an edgy and fashionable concept store at the property.

Drawing inspiration from the bustling, chic streets of New York, the store encapsulated the holiday vibes in its ambiance, including large spaces sprinkled with festive elements.

The new Steve Madden store is located in the DLF Mall of India in Noida, which is one of the country's largest shopping complexes. Housed amidst premium Indian and international brands, the iconic Steve Madden launch saw a plethora of guests at its opening, including some renowned influencers and media personalities.

Christmas vibes set the tone of the event, with a secret Santa Wall where the attendees could leave their Madden wishes. Within its four walls, the store radiated holiday cheer. People could make their own personalized Steve Madden key chain as a part of the unique resin art activity. L'Opéra, the event's f&b partner, served delicacies like macaroons and gingerbread, as well as refreshing mojito drinks.

The Steve Madden store has a refined and modern aesthetic to it, with deco vertical brick walls, concrete wall finishes, wooden louvre, olive, and tan distressed leather, and more, all with a Downtown New York motif.

The Winter Collection takes an approach towards a new movement amidst a new world. While one may think and dress differently, nestled within each heart lies a festive aura. The collection encompasses this spirit with dark hues and metallic textures through fabric, leather, and studs.

A range of trendy sneakers, boots, sandals, accessories and more for men and women make up the majority of the collection.

INDIAN RETAILER (The news article has not been edited by DFU Publications staff)

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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27 December 2021, Mumbai:

New skincare and beauty brand See Love has launched a dedicated India e-commerce store and is continuing to expand its maiden range of green, conscious products.

See Love has launched with natural, vegan skincare products including creams, and oils which are paraben and sulphate free, the brand announced on its new website.

With ingredients designed to maintain the skin’s delicate PH balance and a brand philosophy centred around self love, See Love plans to continue to add to its product selection in 2022.

The brand has developed a signature ‘SkinLov-4’ blend which features in most of its products. The natural blend includes a mix of marigold, Japanese honeysuckle, prickly pear, and liquorice extracts and is designed to nourish the skin.

FASHION NETWORK (The news article has not been edited by DFU Publications staff)

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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23 December 2021, Mumbai:

An alumnus of IIT Kanpur and IIM Bangalore, Himanshu Chakrawarti brings in over 30 years’ of rich experience in the retail sector in building lifestyle brands.

He will lead various functions at Snapdeal to drive the company’s Bharat-focused, value commerce strategy and steer various growth-related and operational initiatives.

He has an in-depth understanding of value retail and omni-channel distribution operations in India.

Prior to joining Snapdeal, New was the CEO of Unlimited Fashion, where he was responsible for setting the strategic direction and overseeing entire operations including curating brands and assortments, guidance on product designs, and pricing strategy. He also led the direct integration of over 75 stores with top e-commerce platforms and enabled real-time inventory visibility and fulfillment.

Unlimited Fashion is Arvind Lifestyle Brands’ value fashion retail chain with a focus on affordable fashion apparel and accessories for men, women, and children. Earlier this year, V-Mart Retail acquired Unlimited Fashion, adding its nearly 75 stores in west and south India to its national footprint.

E-commerce platform Snapdeal has developed a unique set of competencies to serve value-conscious customers. Founded in 2010 Snapdeal is India’s leading value e-commerce platform that has over the years helped Indian e-commerce grow beyond just brands and urban users.

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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30 December 2021, Mumbai:

Divaa, a diamond jewellery brand by Orra has strengthened opened its first showroom at the Palladium Mall in Lower Parel, Mumbai which will cater to the demand of man-made and lab grown diamonds.

The brand plans to further strengthen its presence by launching new stores along with an exclusive website next year.

Commenting on the launch, Dipu Mehta, managing director CEO at Orra Fine Jewellery in a statement said, “These are exciting times. We have been seeing a surge in demand in the US for lab grown diamond jewellery, especially with the younger consumer.

And we are seeing this interest in India too now."

"Divaa fits perfectly into the architecture of the brand Orra as Orra is focused on the higher ticket size diamond jewellery segment with bridal jewellery while Divaa will be our special offering for the young, fashion seeking audience with lab-grown diamond jewellery,” Mehta added.

Orra is one of India’s leading jewellery brands with 44 retail stores in India and sells online through its website.

Fashion Network (The news article has not been edited by DFU Publications staff)

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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25 December 2021, Mumbai:

Lingerie, accessories, and beauty brand Victoria’s Secret has launched a dedicated e-commerce store for the Indian market in partnership with franchisee Major Brands. The website focuses on its range of beauty products.

Victoria’s Secret’s new India e-commerce store features its line of fragrances, handbags and accessories, beauty products, and ‘Pink Beauty’ brand. The website does not currently stock its lingerie range. The web-store stocks a range of luggage and passport covers in its ‘Travel Store’ segment and fragrance gift boxes in its ‘Gifts’ section.

“While the brand enters the market with a digital focus on the beauty business, Victoria’s Secret and Major Brands have confirmed plans to launch [a] full assortment lingerie brick and mortar stores in Mumbai in Summer, 2022,” said Victoria’s Secret in a statement, Man’s World India reported.

FASHION NETWORK (The news article has not been edited by DFU Publications staff)

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage