Fashion Industry

Launched in December 2022, the company claims to have served more than 10,000 young women to date, with 20% becoming repeat customers

Men's wear couturier Kunal Rawal and luxury handloom brand, Ekaya Banaras, come together in a unique collaboration. Two of India's young fashion stalwarts have amalgamated their design sensibilities

Partnership will offer international brands in apparel, accessories, and footwear

Beauty and fashion e-commerce firm Nykaa has recorded a 75 per cent growth in gross merchandise value and a 12-fold jump in revenue on Day 1 of its Pink Friday sale, the company said on Friday. The company said that it recorded over 400 orders per minute on the first day of the sale which started on November 21. "Nykaa Pink Friday Sale has delivered a 75 per cent growth in GMV compared to the previous year. With over 400 orders recorded every minute on Day 1 this year, the total order volume reached 8 lakhs," Nykaa spokesperson said. The sale will be live until November 28 on its website, app and Nykaa stores. The number of visitors on Day 1 of Pink Friday grew by 37 per cent to 10 million, the company claimed. "A slew of unmissable brand offers led to Nykaa clocking a growth of 34 per cent in unique visitors from 4.3 million on last year's Day 1 to 5.8 million this year. Among categories that did well compared to regular days, purchases of make-up, skincare and haircare rose ...

The FSN E-Commerce Ventures, that runs the fashion and beauty platform Nykaa, announced the resignation of its chief financial officer (CFO) Arvind Agarwal today on November 22

The deal is the latest in a series of acquisitions by Estee Lauder, including taking control of Ordinary skincare brand owner Deciem last year for about $1 billion

Aditya Birla Fashion and Retail, Trent, Shoppers Stop, Arvind Lifestyle, and TCNS Clothing Company saw their revenues hitting an all-time high in the September quarter

Selling pressure from pre-IPO investors feared in four start-ups this month

ABFRL is aggressively expanding its network across brands with Pantaloons adding 21 outlets on a net basis and the branded business taking the store count up by 85

From spray-painted dresses to feeling the texture of a fabric on screen, fashion and shopping are becoming tech-immersive

The company plans to ramp up the store presence across key markets over the coming months

The battle is tough though, with laws limiting and the market for fakes vast

Myntra platform is geared to handle 13,000 orders per minute during the online fashion retailer's festive sale event this month

'The Indian economy is headed towards a steady recovery and as the vaccination drives progress, consumers are expected to get back to shopping with renewed confidence'

Chief Executive Officer Ankiti Bose was dismissed in May after an investigation by an independent firm into complaints of financial irregularities

Covid has been a game changer for the fashion industry and the ripples of its after-effects can be seen with many designers struggling to stay afloat

Reliance Retail will introduce Gap's latest fashion offerings to Indian consumers through a mix of exclusive brand stores, multi-brand store expressions and digital commerce platforms

TMRW will create India's largest portfolio of disruptor brands in the fashion & lifestyle space and enable the next phase of direct-to-consumer growth in India

Post investment, GIC Singapore will own approximately 7.5% equity stake in Aditya Birla Fashion and Retail