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LFMEAB Show (Bangladesh) to witness a strong IFCOMA participation
IFCOMA is participating in the Eighth edition of Leathertech Bangladesh is taking place from 7th to 9th Dec 2022 at International Convention City, Bashundhara at Dhaka, Bangladesh along with 40 members from all over India.
V-Mart To Acquire Fashion Marketplace LimeRoad In A Distress Sale
As part of the deal, V-Mart would acquire LimeRoad's assets worth about INR 14.61 Cr and assume its current liabilities of INR 36.26 Cr. V-Mart also plans to make a total investment of INR 150 Cr to help the startup scale further and achieve sustained profitability.
India's first multi-brand online platform 'D2C Ecommerce' announces its official launch in the country
D2C Ecommerce, India's first multi-brand e-commerce platform, today announced its official launch in the country. The startup has also raised INR 60 Million, in its seed funding round led by industry stalwarts including Ravi Khushwani, Founder of Greensoul Brand & other industry veterans.
Amazon to shut seller firm Appario in a year, renews Frontizo JV for three years
In a joint statement, the two parties said the joint venture has been renewed for three years but Appario will cease to be a seller on both Amazon India and Amazon India Business - the wholesale platform - within a year.
Nykaa's Q2 net profit rises to ₹5.19 crore
Beauty and fashion FSN E-Commerce Ventures, which operates under the Nykaa brand, on Tuesday posted a multi-fold increase in consolidated net profit at ₹5.19 crore for the three months ended September.
Walmart India FY22 loss widens to ₹299 crore; revenue up 7% to ₹5,350 crore
Walmart India Pvt Ltd, which operates Best Price Flipkart wholesale stores, has witnessed its loss widening to ₹299.01 crore in FY22 despite its revenue from operations going up, according to financial data accessed by business intelligence platform Tofler.
Shoppers Stop declares highest ever Q2 Sales and EBITDA Sales up by 62% @₹1270 Cr
Shoppers Stop Ltd. one of India's leading premier retailers of fashion and beauty brands, today have declared their second quarter results for the quarter ended September 30, 2022, for the fiscal year 2022-23.
Metros Brands Ltd. Total Revenue from operations up by 47.4% at ₹463.3 Crore
Metro Brands Limited (MBL) is one of the largest Indian footwear specialty retailers and is amongst the aspirational Indian brands in the footwear category, today declared its standalone and consolidated financial results for the quarter and six months ended September 30, 2022.
Campus Active Standalone September 2022 Net Sales at ₹333.17 crore, up 9.55% Y-o-Y
Net Sales at ₹333.17 crore in September 2022 up 9.55% from ₹304.14 crore in September 2021.
Bata India Q2 profit rises 47 pc to ₹55 crore; net sales up 35 pc at ₹830 crore
Leading shoemaker Bata India on Thursday reported a 47.44 per cent rise in consolidated net profit at ₹54.82 crore in the second quarter ended September 2022, helped by increased footfalls at stores. The company had posted a net profit of ₹37.18 crore in the July-September quarter a year ago, Bata India Ltd said in a BSE filing.
Lulu Group to invest ₹3,000 crore to setup shopping mall in Ahmedabad
Lulu Group International has announced that the company is foraying into the Gujarat market by investing ₹3,000 crore to set up a shopping centre in Ahmedabad, according to PTI.
ABFRL Q2 net profit jumps five-fold to ₹29.44 crore; revenue 50% higher at ₹3,074.61 crore
Aditya Birla Fashion and Retail on Friday reported over five-fold jump in consolidated net profit at ₹29.44 crore in the second quarter of FY23, led by robust festive sales and consistent performance from e-commerce channels.
Superkicks launches UK brand Represent in India
Superkicks has brought UK-based streetwear brand Represent to India with an omni-channel launch on September 30.
Exports Advance Up by 25%
According to the report by the Directorate General of Commercial Intelligence and Statistics (DGCI&S), Indian exports of Leather and Leather products for the first half of the financial year 2022-23 period (Apr-Sept 2022) touched US $ 2841.52 million as against the performance of US $ 2261.17 million in 1H2022, recording growth of 25.67%.
Best Walking Shoes For Women
Like running shoes, the best walking shoes are specially designed to propel you forward. Whether you’re always on-the-go or walking is your preferred method of exercise, doctors recommend wearing options with arch support, cushioning and thicker soles.
Women's Ankle Boots For This Winter
Ankle boots can range in design, but they’re described as a boot that covers the whole foot up to the ankle. With the holidays upon us, there truly is no better excuse to snag a fresh new pair of ankle boots for yourself.
Best Reebok Sneakers
Reebok proves that the label continues to be on the pulse of what is new and trending in fitness. It continues to produce styles that are not only stylish but super functional.
New Balance and Olympian Sydney McLaughlin Team Up for Sleek Sneaker & Apparel Collection
New Balance has found its latest collaborator in Olympic track and field star Sydney McLaughlin.
SABYASACHI X H&M COLLABORATION THEMED ‘WANDERLUST' LAUNCHED
The Sabyasachi x H&M collaboration themed “Wanderlust” presents rich textiles in modern as well as classic Indian silhouettes that resonate with the modern global nomad mindset.
Skechers Donates $1 Million to Haiti Earthquake Relief Efforts
Skechers announced that it is supporting Haiti earthquake relief efforts with a $1 million donation. Over the weekend, a 7.2-magnitude earthquake hit the country and the death toll has since topped 2,000.
HIDESIGN RELEASES FREEDOM COLLECTION
Freedom collection is ideal for the busy post-pandemic world, wherein we are slowly experiencing what Freedom feels like after months of restrictions and confinement in our own homes.
FALGUNI SHANE PEACOCK UNVEIL LOVE IS COLLECTION AT INDIA COUTURE WEEK
The collection, Love is, has been crafted completely by hand to showcase the distinct handwriting and talents of a cluster of about 250 craftsmen from the FSP-adopted villages of Malihati, Islampur, Midnapore, Kharagpur and Marhtala in West Bengal with the couture signatures of Falguni Shane Peacock.
MYARAA BY NAMRATA LODHA X KATE STOLTZ
The collaboration entails a fusion between light straw hats by Myaraa complemented with scarves crafted out of luxury fibers by Kate Stoltz.
Flipkart and Myntra to retail Slazenger products in India
The Flipkart Group has partnered British sportswear and sports activities gear model Slazenger that may now be obtainable on each Myntra and Flipkart.
ADIDAS LAUNCHES FIRST FLAGSHIP STORE IN INDIA
Spread in 5900 sq ft of retail area across 4 floors, the store’s concept is brought to life inspired from the brand’s ‘OWN THE GAME’ strategy that focuses on 3 important aspects which are Experience, Sustainability, and Credibility.
Launch Trends Editor's Pick
Cardi B x REEBOK
Indian Economy To Grow At 8.3% In 2021: World Bank
The World Bank has slashed its 2021-22 GDP growth forecast for the Indian economy to 8.3 per cent from 10.1 per cent estimated in April, saying economic recovery is being hampered by the devastating second wave of coronavirus infections. It projected a 7.5 per cent economic growth in the 2022-23 fiscal (April 2022 to March 2023).
PARADISE BY MELISSA
Melissa introduces its new collection that perfectly encapsulates the shades of monsoon with its bright and playful designs.
Sports brand Puma India extends partnership with Yuvraj Singh
Global sports brand Puma India has extended partnership with former Indian cricketer Yuvraj Singh, who has been associated with the brand for over a decade. Moving from cricket to the fast lane, Yuvraj will now be seen in a new avatar as the face of Puma Motorsport in India, showcasing his passion for fast cars and sports-inspired fashion.
NUMI Paris ropes in Actor Athiya Shetty, Cricketer KL Rahul as ambassadors
NUMI Paris, the French luxury eyewear brand, newly launched in India, has announced actor Athiya Shetty and cricketer KL Rahul as its brand ambassadors. The actor along with the cricket player have been roped in to promote its stylishly handcrafted eyewear collection. Further, NUMI Paris has pledged to support the L V Prasad Eye Institute with every purchase of a pair of NUMI’s.