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Amazon India sees rise in demand for yoga fashion merchandise

E-commerce giant Amazon has witnessed increase in demand for yoga fashion merchandise in Indian market. The retailer has seen a growth of over 225 per cent year-on-year for yoga products under sports category. Majority of the demands it noted were from urban areas. Mumbai, Delhi, Bangalore & Hyderabad emerged as top four cities that ordered such products. The rest 60 per cent comes from other Tier I, II and III cities. “Yoga mats lead this […]

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Amazon to invest US $ 5 billion in India

Global e-commerce company Amazon, which has completed four years of its operations in India, has decided to continue to invest in infrastructure and innovation in the country. The move is aimed to overtake its rivals in India. The e-retailer is expected to invest around US $ 5 billion in the country. “Last year, half the capital deployed was in infrastructure. This year too, we will continue to invest in infrastructure, innovation and technology,” Amit Agarwal, […]

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India’s Future Retail to start new distribution centres

Future Retail, leading retailer that operates multiple retail formats in both value and lifestyle segment of Indian consumer market, is planning to open new distribution centres with an aim to ensure quicker delivery of products to its stores. The move has come in view of the implementation of Goods and Services Tax from July 1. “With the free movement of goods, no tax credit loss, we can plot at distribution centres as to where the […]

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Walmart launches toll-free helpline for GST

Walmart India, a wholly-owned subsidiary of US-based leading multinational corporation Walmart Stores Inc., has launched a toll-free helpline number to deal with queries related to Goods and Services Tax (GST), set to be implemented from July 1. The Helpline No. 0120-4878888 will serve as a one-stop query resolution centre with trained staff and experts to handle all GST-related issues. This was announced by the company in a statement issued. Walmart India, which currently owns and […]

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V-Bazaar bags Northern Regions Best Retailer Award

V-Bazaar, one of the largest family fashion retail store chain in North India, has bagged Northern Regions Best Retailer Award at Indian Retail & e-Retail Congress & Awards 2017. Organized by Franchise India in media partnership with TIMES NOW, the award was given to V-Bazaar for their contribution in the Indian retail industry. The parameters on which the retailer won this coveted title were the presence in various untapped cities, product quality, targeting aspirational young class of the society, […]

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Indian Terrain welcomes introduction of GST

Indian Terrain Fashions Ltd.’s CEO Charath Narasimhan has termed Goods and Services Tax (GST) a well-thought-out concept and feels that it would be beneficial for branded apparels as well. He also reportedly complimented the Government and the whole team for having taken views from the industry. The Government has announced that apparels under Rs. 1,000 have been reduced to 5 per cent taxation, while apparels over Rs. 1,000 have been kept at 12 per cent. […]

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Woodland to unveil innerwear collection

Outdoor adventure brand Woodland has decided to unveil innerwear and leisure wear collections like vests, briefs, trunks, inner T-shirts and shorts. The retailer is aiming to cross Rs. 1,500 crore total turnover by the end of this fiscal. The new range of products, which will be available at company run 600 stores and about 4,000 multi-brand outlets, will help the retailer reach that target. “We will launch innerwear and leisure wear collections. This is part […]

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GST Effect: GAP hopes for positive results

US-based apparel retailer GAP Inc. is hoping to achieve positive results in the Indian market once the GST comes into effect this July. This has been stated by an official from Arvind Brands which is the franchise partner for American apparel and accessories brand in India. “We are very bullish about GAP. There is some duty imposed on the import, with the coming of GST, we hope that tax is going to be reduced. We […]

June 6, 2017

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Levi’s to start e-commerce platform, company-owned stores in India

Levi’s is mulling to open company-owned stores and launch its own e-commerce platform in India. This has been disclosed by President and CEO of the company, Chip Bergh. “One of the company’s growth algorithms is to try and reach deeper into countries like India. Our business could be twice the size of what it is now in the next five years. Investments in e-commerce and retail will help us do that,” Bergh told a leading […]

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Reliance Retail to launch new store-concept

Reliance Retail, retail arm of Reliance Industries Ltd. (RIL), is considering to launch new stores, to be called ‘Project Eve’, to offer apparel, footwear, cosmetics and jewellery all under one roof. According to media reports, stores under consideration are expected to be 5,000-10,000 sq. ft. in size. Premium wear and high fashion global brands will be placed in these stores to make it different from local apparel market. The stores are being conceptualized to focus […]

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Max Fashion to increase store count in India

Launched in the UAE in 2004, fashion retailer Max Fashion – which offers apparel, footwear and accessories for women, men and children – is planning to maximize its store count to 250 by adding 60 new stores by end of this fiscal. This has been revealed by a company official. It’s not only the store count, the company is also planning to achieve Rs. 3,088 crore revenue by the end of financial year 2017-2018. Also […]

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ABFRL plans to make Forever 21 profitable

Aditya Birla Fashion and Retail Limited (ABFRL), India’s leading fashion retail house, is planning to downsize and right size the Indian franchisee outlets of US fashion brand Forever 21. The reported move is aimed to make the label profitable by the end of this fiscal. “Our goal is to turn Forever 21 positive next year, which is the first landmark we have set for the brand. It is going to come both through some of […]

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Triumph Garments launches e-tail venture Miway Fashion

Triumph Garments, a major exporter for brands like Zara and Ralph Lauren, has announced the launch of its e-commerce venture Miway Fashion to offer innovative design solutions to the young generation. The decision has been taken with an aim to capture a larger market share and achieve a business turnover of Rs. 10 crore by the end of this financial year. Miway has also framed association with e-commerce fashion retailers such as Myntra, Amazon, Flipkart, […]

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Shoppers Stop strategizing to attract youths

India-based retail chain Shoppers Stop is planning to introduce some measures in order to tap onto more and more millennial consumers. The retailer is mulling to make available brands such as Vero Moda, Jack-n-Jill, popular among young consumers, in the stores across the country. The retailer is also planning to introduce fresh design at its stores for better experience, and a reinvigorating online presence to make it friendlier among youths. “The younger customer between 18-25 […]

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Italian fashion brand PERF ventures into Indian market

Italian fashion brand PERF has entered into a partnership with e-commerce platforms and independent retail chains for distribution of its products in Indian market. The retailer is ready to foray into the Indian market with the launch of its sportswear collection. It is eyeing to grab sales of around Rs. 1,000 crore in the next five years. Products to be sold here will be sourced from Europe, US, UK and Canada. “We will work with […]

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