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Nykaa issues equity shares worth INR 15.9 Cr under ESOP schemes
Beauty and fashion e-commerce startup Nykaa has allocated 7.65 lakh equity shares under its employee stock option (ESOP) schemes.In an exchange filing, the startup...
Apparel brand Fruit of the Loom teams up with Bradford License India for Indian market expansion
Fruit of the Loom, the renowned American apparel brand, has teamed up with Bradford License India to deliver its distinctive combination of affordable quality,...
Newme launches 90-minute fashion delivery service in Delhi-NCR, plans expansion to major cities
Newme, a fashion-tech brand in India, now offers 90-minute delivery of its fashion items for Gen Z women in select areas of Delhi-NCR.Sumit Jasoria,...
Kotak downgrades Nykaa to ‘Sell’, lowers fair value estimate to INR 190
Kotak Institutional Equities has downgraded Nykaa, a leading beauty and fashion e-commerce company, to a 'sell' rating from its previous 'add' rating and reduced...
Jaimin Gupta acquires majority stake in Gujarat-based Aarvee Denims and Exports
Jaimin Gupta, the founder of men's fashion brand Barcelona, along with other investors have acquired a majority stake in Gujarat based Aarvee Denims and...
Fashion retailer Primark to enter UAE market through partnership with Alshaya Group
International fashion retailer Primark is set to enter the UAE retail market. Alshaya Group, a prominent international retail franchise operator, has announced a strategic...
Nykaa appoints Sukhleen Aneja as SVP and Business Head for Kay Beauty
Nykaa, the online beauty retailer owned by FSN E-Commerce Ventures, has named Sukhleen Aneja, CEO of The Good Glamm Group, as the new Senior...
Fashion retailer Cantabil grows to 550 stores, opens four new outlets in Delhi
Cantabil Retail India Ltd., the Indian apparel brand, has reached over 550 stores across the country with the addition of four new outlets in...
Designer wedding wear sales soar in FY24, outpacing general market trends
Designer brands such as Tarun Tahiliani, Abu Jani Sandeep Khosla, Sabyasachi, and Rahul Mishra saw a significant increase in sales of wedding and occasion...
Fashion brand Theater raises INR 12.5 Cr in pre-Series A round led by Prath Ventures
Chandigarh-based fashion brand Theater has raised INR 12.5 crore ($1.5 million) in a pre-Series A funding round led by Prath Ventures, with additional participation...
Tata Group’s Zudio goes global with first international store opening in Dubai
Tata Group’s value retail fast fashion brand, Zudio, has made its international debut with the opening of its first store in the United Arab...
VCs flock to new-age Indian brands as they tap into evolving consumer trends
India's new-age consumer brands are capturing substantial attention from venture capitalists by adeptly addressing shifting consumer preferences and uncovering market opportunities overlooked by traditional...