The latest news
Fashinza raises $30 million in debt funding
Fashinza has secured $30 million in debut funding from Mars Growth Capital, a subsidiary of Liquidity Group, and plans to use the funds to continue its international expansion.
Cantabil Retail opens new store in Ambikapur, Chhattisgarh
Men’s, women’s, and children’s clothing store Cantabil Retail has opened a new exclusive brand outlet in Ambikapur, Chhattisgarh. The store measures 1,440 square feet and takes the brand’s store total to 445.
Citykart expands in Uttar Pradesh with new store in Renukoot
Value fashion and lifestyle brand Citykart has opened a new exclusive brand outlet in Renukoot to expand its retail presence in Uttar Pradesh.
Fashionista to showcase Indian brands at events in Raipur, Bilaspur, Nagpur
Business-to-customer fashion fair Fashionista will hold spring themed editions in Raipur and Nagpur this April, as well as a ‘Fashionavya’ fair in Bilaspur, to bring together womenswear brands from across India.
Bluestar Alliance acquires bankrupt Scotch & Soda, some downsizing likely
Dutch fashion business Scotch & Soda has been acquired by Bluestar Alliance, the American brand management company, for an undisclosed sum, with the new owner believing it can attract new shoppers to the label.
Spencer's Retail appoints Anuj Singh as CEO and managing director
Spencer's Retail has appointed Anuj Singh as its new CEO and managing director. The RP- Sanjiv Goenka Group company has given Singh the position for a duration of three years.
Movado annual earnings up on international wholesale, own stores sales growth
Movado Group, Inc. announced on Thursday net sales increased 2.7% to $751.9 million for the fiscal 2023 year, on growth in the watchmaker's international wholesale business and own stores.
H&M x Mugler: First look at May collab
H&M has shared more details of its Mugler collab that will be launching in May with the company, calling it a "landmark partnership" via a collection helmed by Mugler’s creative director Casey Cadwallader.
Flipkart reshuffles executives, focuses on cost cutting
E-commerce giant Flipkart is focusing on cutting costs and streamlining operations. The business has reshuffled a number of its vice-president level executives in several key operating categories.
FabIndia plans to raise up to Rs 1,200 crore
Ethnic wear and lifestyle retailer FabIndia and a number of its private equity investors plan to raise between Rs 1,100 crore and Rs 1,200 crore by selling shares in the business.
Superdry to sell Asia Pacific IP assets to South Korea's Cowell
Superdry is continuing its rationlisation drive while also expanding its brand reach and has struck a deal for the sale of its intellectual property assets in parts of Asia Pacific for a fee of US$50m, payable in cash.
Pacific Group opens new mall in New Delhi
Pacific Group has opened a new mall in Delhi with 47 stores. The 300,000 square foot mall brings a range of Indian and international premium brands to the area.
The Gusto expands portfolio with launch of ‘Cosmos’ collection
Premium handbag brand ‘The Gusto’ has diversified its product portfolio with the launch a new collection of utility-friendly totes called ‘Cosmos’.
Myntra launches UK brand BoohooMan in Indian market
Flipkart’s fashion arm Myntra has launched UK-based menswear brand BoohooMan in the Indian market with over 600 styles launching on its e-commerce platform.
Moschino announces that Jeremy Scott is stepping down as creative director
The house of Moschino announced on Monday afternoon that Jeremy Scott is stepping down as creative director of the Milan-based marque, after a decade long rein.
Jaypore launches 'Open House' pop-up in New Delhi
Fashion and lifestyle brand Jaypore has launched a pop-up shop in New Delhi. The ‘Jaypore Open House’ is designed to showcase an array of heritage Indian crafts.