The company announced 24% currency-neutral growth in North America for its brands and reported a 59% increase in ecommerce globally which equated to approximately 1 billion in online sales.
in-store experiences are gaining importance not only for engaging shoppers inside the store but also to catalyse buying decisions of casual or undecided shoppers
The Indian retail trading has received Foreign Direct Investment (FDI) equity inflows totalling US$ 935.74 million during April 2000"December 2016, according to the Department of Industrial Policies and Promotion (DIPP).
The Centre for Asia-Pacific Aviation (CAPA) estimates that the duty-free spend at Indian airports will reach $1.6 billion by 2021 - an eight-fold increase, spread across a decade.
The Adidas brand itself, famed for its three-striped logo, saw global sales jump 20 percent, driven by strong demand for its retro-inspired Adidas Originals trainers and its Adidas neo urban fashion line.
itFlop, known for manufacturing comfortable shoes, clogs, sandals and boots, launched their first set of fall winter 2016 range for women on Amazon Fashion.
While global brands such as H&M, GAS, Ikea, Starbucks and many other have already cemented their grounds in the country, still there are many in the waiting list.
The two German brands are seeking government's nod not just to launch their online portals but are also seeking clarification on their existing wholesale entities to engage in direct selling.
With an existence in the fashion market, having some 5000 stores, Benetton Group, one of the well known fashion brand in the world- today announced the appointment of Sundeep Chugh as Chief Executive Officer of Benetton India Pvt. Ltd.
Considering the recent shifts in the fashion market, the footwear industry has finally managed to constitute as one of the most promising segments of the apparel industry worldwide.