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Indian ethnic wear market struggles amid rise of fast fashion trends
Danish fashion giant Bestseller has announced the closure of its Indian ethnic wear label, Indifusion, acquired three years ago. This decision comes amidst increasing...
Spanish beauty giant Puig sets stage for €14bn IPO, Europe’s largest of the year
Puig, the renowned Spanish beauty conglomerate known for beloved brands such as Paco Rabanne and Charlotte Tilbury, is gearing up for its debut on...
ABFRL to raise INR 2500 Crore post-demerger of Madura business into Aditya Birla Lifestyle Brands
Aditya Birla Fashion and Retail Ltd (ABFRL) said that it will raise INR 2500 crore within a year by splitting its retail business and...
Fashion brand Snitch goes big, unveils largest store yet in Gujarat
Snitch, a Bengaluru-based men’s fashion and apparel brand, has opened its largest store in Gujarat, as announced by a top company executive in a...
Levi’s launches diverse range of fits in India with Deepika Padukone
As the summer season dawns, Levi's has unveiled a diverse selection of new fits, presenting nearly 15 options for customers in India. From retro-inspired...
ABFRL’s Style Up continues Bengaluru expansion, opens third store
ABFRL's fashion retail brand, Style Up, has unveiled its third store in Bengaluru, as per a company announcement on social media. The latest standalone...
L’Oreal’s Q1 sales jump 9.4% on strong mass market performance
L'Oreal announced on Thursday a 9.4% rise in first quarter sales on a like-for-like basis, surpassing expectations and easing concerns about a slowdown in...
The Good Glamm Group revamps operations, axes 150 jobs in restructuring drive
The Good Glamm Group, a content-to-commerce platform, has downsized its workforce, letting go of 150 employees, which accounts for 15% of its total staff.The...
Tata Group eyes expansion with potential stake purchase in Fabindia’s apparel business
The Tata group is reportedly in discussions with the promoters and shareholders of Fabindia for a stake or outright buy of the ethnic apparel...
LoveChild by Masaba Gupta partners with Shoppers Stop for retail expansion
LoveChild, the beauty brand by Masaba Gupta, the renowned Indian fashion designer and actress, has partnered with the department store chain Shoppers Stop.As part...
British fashion retailer Superdry maps out privatization route in bid to secure future
Superdry, the British fashion retailer, has put forth a rescue plan to avoid administration. This proposal, spearheaded by CEO Julian Dunkerton, entails fundraising, departure...
Ethnic fashion brand Libas partners with GoKwik to strengthen D2C presence and drive growth
Libas, an ethnic fashion brand, has teamed up with GoKwik, an ecommerce enabler, to expand its direct-to-consumer presence and stimulate growth.Libas seeks to utilize...