Fashion e-commerce start-up Madbow Ventures Ltd has raised $2 million (Rs 15 crore) in a pre-series A funding led by Planify Capital.

The Italian fashion group reached €324.6 million in 2021 with double-digit growth in all geographical regions and points of sale, but still records a 7% decline over 2019. 

Foreign-owned e-commerce giants Amazon India and Flipkart both witnessed double digit year-on-year sales growth during Republic Day, thanks to stronger consumer sentiment during the third wave of the pandemic.

The Retailers Association of India has asked the central government to make available the Emergency Credit Line Guarantee Scheme for retailers affected by the Covid-19 pandemic and related restrictions.

Occasion wear Manyavar’s parent company’s Vedant Fashions will open its initial public offering on February 4 and the share sale will conclude on February 8, according to the business’ red herring prospectus.

Business-to-business startup Shopkirana has raised $38 million in new funding round with investments from businesses including Info Edge and plans to expand its operations to a national scale.

The brand, which will return to Milan Women’s Fashion Week in February with a co-ed show, has also announced a new co-ed collection that will be showcased on May 16 in an as-yet unknown location. 

​TikTok is the world’s fastest-growing brand, the new Brand Finance Global 500 2022 report reveals. A new entry to the list, it’s up 215% in a year, leading the global revolution in media consumption.

Q4's Lyst Index saw a trio of power brands at the top, but also a significant faller and a major name leaping six places, possibly due to the return of winter sports in Europe after two tough years.

Future Group challenged its own lenders in the Supreme Court to avoid facing insolvency proceedings over missing payments, citing its dispute with partner Amazon.com Inc, according to a legal filing reviewed by Reuters.

Fashion and lifestyle brand Good Earth is celebrating its 26th birthday and is raising awareness about endangered animals with charity The Wildlife Trust of India through a new art initiative.

The Confederation of All India Traders filed a complaint with the Competition Commission of India on January 24 against Amazon for allegedly committing fraud while asking for approval to take over More Retail.

Indiamart Intermesh reported a 12 percent decline in consolidated net profit to Rs 70 crore ($9.5 million) for the third quarter ended December 2021.

​Shopclues, India’s leading online marketplace, has completed 10 years in the Indian market and plans to focus on tier 2, 3, 4 cities and beyond to further fuel its growth in the country.

The Paris menswear season hadn’t quite ended, and the haute couture season has not begun. Nonetheless, the city witnessed two striking women’s ready-to-wear shows by Paco Rabanne and Alaïa on Sunday evening.

This Paris menswear season’s big debut was by Nigo at Kenzo on Sunday morning, and the Japanese cult designer’s first collection for the Japanese-born house was certainly made with finesse and a floral flourish.