Rareism, a women’s fashion brand, has set its sights on a substantial expansion across India, aiming to open 100 stores within the next two years, according to a recent media release. Having achieved a milestone of 30 stores, including the recent launch of its third store in Hyderabad, the brand is making significant strides towards […]
Indian apparel retailers witnessed sluggish sales in the first quarter (January to March) of 2024, according to reports from several brokerages. This comes amidst a combination of factors including lower disposable incomes and a high sales base from the same period last year. Brokerage reports attributed the weak demand in January and February to a […]
The rating agency Icra has said that India’s apparel exports are likely to grow by 8 to 9 per cent in the financial year (FY) 2025, benefitting from the low base and with replenishment of stock in the United States (US) and the European Union (EU) regions. Following the tepid demand environment in FY24, Icra […]
Aditya Birla Fashion and Retail (ABFRL) has stated its plans to evaluate the vertical demerger of its Madura Fashion & Lifestyle business into a separately listed company. This move aims to create two distinct entities with separate capital structures, allowing for parallel value-creation opportunities. “The Board of Directors of Aditya Birla Fashion and Retail Ltd. […]
Iconic denim brand Lee on Monday introduced the launch of “Denim Beyond Definition”, a signature collection for women that redefines denim elegance. Specially crafted by India’s leading couturier Suneet Varma in collaboration with ace turtle, the exclusive licensee of Lee in India. The collection marks the first time Lee is experimenting with bold styles for […]
German sportswear giant Adidas posted its first loss in more than 30 years in 2023 on Wednesday as CEO Bjorn Gulden works to turn the brand around after a messy break-up with rapper Kanye West. Adidas has been battling to right itself after it cut ties with West in October 2022, suspending sales of the […]
Retail technology firm Ace Turtle has launched khaki apparel brand Dockers in collaboration with ecommerce platform Myntra, it said in a press release on Tuesday. “Docker is a division of Levi Strauss & Co. and Ace Turtle is the licensee of Dockers in India,” read the release. “We are excited to expand our relationship with […]
Younger age groups express curiosity, while ecommerce offers opportunities in the growing online goods demand The barefoot shoe market is emerging as a new trend that is quietly gaining popularity in India’s footwear industry. As the global market for barefoot shoes is projected to surge to USD 788.7 million by 2031, India is emerging as […]
In an exclusive conversation with BW Retail World, Hemant Sagar, co-founder of Genes Lecoanet Hemant shares insights on the brand’s evolution, commitment to sustainability and plans for expansion Fashion serves as a mirror reflecting the collective consciousness, intertwining individual expression with broader societal influences. Lecoanet Hemant, founded by Indo-French-German designers, Hemant Sagar and Didier Lecoanet, […]
Victoria’s Secret debuted in the Indian market through an ecommerce platform, introducing an array of beauty, fragrance and accessories lines. Following this online venture, the brand unveiled its inaugural brick-and-mortar store in Mumbai in 2022, exclusively featuring its renowned lingerie collection. Fast forward to 2024, Victoria’s Secret opened a new outlet at Gurugram’s Ambience Mall. […]
