Fabindia Limited Files DRHP for IPO
Fabindia Limited Files DRHP for IPO

Ethnic-wear brand Fabindia has filed a prospectus with the market regulators for an initial public offering (IPO).

"The offer comprises a fresh issue of up to Rs 500 crore and an offer for sale of 25,050,543 equity shares by existing investors /shareholders," according to the draft red herring prospectus (DRHP) filed with the market regulators.

The New Delhi-based retailer has investments from Ajim Premji's from PremjiInvest. The company has submitted its DRHP to raise money from the markets at a valuation of more than Rs 20,000 crore.

ICICI Securities, Credit Suisse Securities (India), J.P. Morgan India, Nomura Financial Advisory and Securities (India), SBI Capital Markets, and Equirus Capital are the book running lead managers to the issue.

The selling shareholders apart from promoters Bissell family members also include PremjiInvest, Bajaj Holdings, and Kotak India Advantage Fund among other investors.

The six-decade-old Fabindia runs more than 300 Fabindia-branded outlets and more than 70 Organic India stores nationwide and the New Delhi-based retailer sources products from over 2,200 farmers directly and deals with over 10,300 farmers through their associates.

"In order to reward, and express gratitude to certain artisans and farmers engaged with the company or its subsidiaries, certain of Fabindia's promoters, namely, Bimla Nanda Bissell and Madhukar Khera, pursuant to their letters each dated January 14, 2022, respectively intend to transfer 400,000 equity shares and 375,080 equity shares," according to the company's DRHP.

READ MORE: Fabindia Launches "Fabessentials", A Personal Care Line Steeped in Health, Well-being, and Complete Body Care

Fabindia is the latest among a host of retailers including GoColors and Biba that have either tapped the markets or targeting their IPOs later this year. In November, Go Fashion (India) Ltd's, which owns women's bottom-wear brand Go Colors, IPO was oversubscribed 135 times. Go Fashion is listed at a 90 percent premium to its issue price. 

Fabindia's rival Biba, which counts Warburg Pincus and Faering Capital among its investors, is also planning for an IPO later this year. Fabindia's filing for an IPO comes at a time when retailers are reeling under low sales and dwindling footfalls in stores amid a raging third wave of Covid-19 nationwide.

 
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Retail India News: Uniqlo Launches Arigato Festival Discount Event from May 31 to June 6
Retail India News: Uniqlo Launches Arigato Festival Discount Event from May 31 to June 6
 

Japanese fashion brand Uniqlo has announced its annual Arigato Festival, a flagship discount event running from May 31 to June 6.

As part of the Arigato Festival, Uniqlo is offering significant discounts across its product range. Shoppers can find oversized and long T-shirts for Rs. 990 (down from Rs. 1,490), women's jumpsuits for Rs. 2,990 (previously Rs. 3,990), shoulder bags for Rs. 990, men's cargo pants for Rs. 2,490, women's denim jersey pants for Rs. 2,490, collar shirts for Rs. 2,490, men's and women's linen shirts for Rs. 2,990, kids' shorts for Rs. 790, linen tapered pants for men and women for Rs. 2,990, and basic T-shirts for men and women for Rs. 1,290.

“Celebrate our global anniversary with the biggest thank you festival,” the report said, highlighting it’s the 40th anniversary for Asia’s largest fashion brand.

The discounted collection will be available at Uniqlo stores located in Ambience Mall (Gurgaon), DLF Cyberhub, Ambience Mall (Vasant Kunj), Connaught Place, DLF Avenue Saket, Vegas Mall (Dwarka), DLF Mall of India (Noida), The Mall of Faridabad, Dhillon Plaza (Zirakpur), Elante Mall (Chandigarh), LuLu Mall (Lucknow), Oberoi Mall (Goregaon, Mumbai), and Phoenix Marketcity (Kurla, Mumbai).

In addition, customers can shop the collection online via Uniqlo's website. The brand plans to double its store count in India over the next three years.

Uniqlo entered the Indian market in September 2019 and currently operates 13 stores across the country.

 

 

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Retail India News: Mitchell USA Launches Innovative Skincare Range for Women on the Go
Retail India News: Mitchell USA Launches Innovative Skincare Range for Women on the Go
 

Mitchell USA, a renowned name in the skincare industry, has unveiled a revolutionary skincare regimen designed specifically for women leading busy lives. Acknowledging the struggles that working women face in maintaining their skincare amidst hectic schedules, Mitchell USA offers simple yet effective solutions that seamlessly integrate into daily routines. From quick cleansers for rushed mornings to luxurious masks for evening pampering, Mitchell USA ensures women never have to compromise on self-care.

Mitchell USA proudly introduces three signature sub-brands, each targeting different skincare needs with the power of specially sourced and natural ingredients:

Age-Less:

This range is tailored for women seeking youthful, rejuvenated skin. It includes serums, creams, and eye treatments infused with powerful antioxidants, peptides, and the patented Lotus Seed extract formulation. Known for reducing wrinkles and fine lines and revitalizing skin tone, these products average at INR 1000. Age-Less ensures your skin remains vibrant and youthful, whether you’re preparing for an important meeting or unwinding after a long day.

LightenUp:

Designed to combat pigmentation and dark spots, this range includes moisturizing creams and spot correctors that deliver a radiant glow. Formulated with Imperial Peony Flower Extract sourced from Mt JiriSan, South Korea, these products start at an average range of INR 800. They help reduce pigmentation and add a radiant glow, allowing your skin to reflect the light and confidence within you.

Clear Balance:

Perfect for managing deeply toned, dull complexion and tanned skin, this range includes gentle cleansers, toners, and moisturizers enriched with the highest grade of Saffron from Iran. Celebrated for neutralizing free radicals and promoting cell renewal, these products start at an average of INR 1000, ensuring your skin retains firmness and glow without hassle.

Sunita Ramnathkar, Founder of Mitchell USA said, “We are thrilled to introduce our latest range of skincare products, formulated specifically for the unique needs of Indian skin. At Mitchell USA, our mission has always been to blend cutting-edge science with the wisdom of nature to create products that deliver real results. This new line is a testament to our commitment to innovation and excellence, and we are excited to offer our customers the very best in skincare solutions. We believe that everyone deserves to feel confident and beautiful in their skin, and we are dedicated to making that a reality.”

Mitchell USA products are available for purchase online at www.mitchellusa.co.in and leading marketplaces, ensuring convenient access for women on the go. Each product is crafted to deliver results without taking up precious time, making it easier than ever to integrate effective skincare into your daily routine.

With Mitchell USA’s dedicated skincare solutions, every woman can embrace her beauty and boost her confidence, feeling radiant, empowered, and ready to take on the world.

 

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Elf Beauty Forecasts Annual Sales and Profit Below Estimates Despite Strong Q4
Elf Beauty Forecasts Annual Sales and Profit Below Estimates Despite Strong Q4
 

Elf Beauty has projected annual sales and profit figures below Wall Street expectations, indicating that persistent inflation has reduced Americans' ability to spend on affordable luxuries like cosmetics and skincare products. Despite this, the California-based company exceeded estimates for fourth-quarter revenue and profit. Although beauty companies like Elf have maintained strong demand following the pandemic, the forecast suggests that high food prices and interest rates are prompting consumers to prioritize essential goods over discretionary purchases.

In the previous month, retailer Ulta Beauty reported a slowdown in demand across various categories for the first quarter. According to data analytics firm Emarketer, U.S. retail sales for cosmetics and beauty products are anticipated to grow by 6.9 percent in 2024, compared to a 10.5 percent increase in 2023. UBS analysts have also pointed out that Elf has a history of issuing conservative full-year targets.

"We do like to take things one quarter at a time ... it's very hard to kind of grow 80% on top of 80%. the first initial outlook is "very strong," said Tarang Amin, CEO, Elf Beauty in an interview with Reuters." Amin also noted that Elf is seeing overall "good behavior" from a consumer standpoint.

Elf Beauty anticipates 2025 sales to range between $1.23 billion and $1.25 billion, falling short of the expected $1.27 billion, according to LSEG data. The company also projects annual adjusted profit to be between $3.20 and $3.25 per share, below the estimated $3.51 per share. In the fourth quarter, net sales surged by 71.4 percent to $321.1 million, surpassing the forecasted $292.6 million. This follows an 84.9 percent sales growth in the previous quarter. Additionally, Elf reported an adjusted profit of 53 cents per share, exceeding the anticipated 32 cents per share.

 

 

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Retail India News: Type Beauty Inc. Redefines Indian Market with Custom Skin-Inclusive Products
Retail India News: Type Beauty Inc. Redefines Indian Market with Custom Skin-Inclusive Products
 

Type Beauty Inc., a pioneering beauty brand, is celebrated for its skin-inclusive, dermatologically tested makeup using innovative formulations tailored to all Indian skin types. Their extensive foundation range includes 24 shades with four variants designed for every skin type and tone. This achievement sets a new standard in the Indian beauty industry, highlighting Type's commitment to inclusivity and intelligent beauty solutions.

On May 27, 2024, Type Beauty Inc. celebrated its second anniversary of transforming beauty standards by offering clean, effortless makeup rooted in dermatological science. To mark this milestone, the brand is offering up to 60 percent off site-wide until midnight, presenting an excellent opportunity to explore its revolutionary makeup range. Additionally, they are hosting an exclusive makeover event at Miss Margarita on May 30, from 7:30 pm onwards, where attendees can enjoy professional makeovers by experts from the Type Beauty Inc. team.

Each product from Type Beauty Inc. is carefully crafted with beneficial ingredients like collagen, peptides, amino acids, zinc, and vitamins, ensuring that every application not only enhances but also heals the skin. Developed by a team of chemists and dermatologists, these semi-customizable products address common skin issues faced by Indian women.

Since its inception, the company has experienced a 30 percent growth in sales. To reach a broader audience, Type Beauty Inc. is now available on trusted marketplaces such as Nykaa, Kindlife, Vanity Wagon, Glow by Tressmart, Amazon, Flipkart, and Meolla. With the increasing demand for skin-centric makeup products, particularly among educated consumers aged 20-30, the brand anticipates a 30 percent rise in sales by year-end. Beyond solidifying its presence in India, Type Beauty Inc. also plans to enter the international market by the end of this year.

Ananya Kapur, Founder, Type Beauty Inc stated, “I am overwhelmed with the love and response Type Beauty Inc. has received in the past two years. We've received several testimonials and reviews from customers who used our products and felt the difference we wanted to bring. Starting from my kitchen to a lab now, every product the brand has created was dedicated to solving the skin issues that most Indian women face, and we can't be happier to know that it has worked well for varied Indian skin types.”

Type Beauty Inc. is transforming the beauty industry with its innovative approach to makeup. By tailoring products to different skin types and infusing each formula with skincare benefits, the brand ensures that its makeup not only enhances skin tone but also nourishes it from within. Committed to creating cruelty-free, vegan, and expertly formulated products, Type Beauty Inc. sets a new standard for skin-inclusive beauty.

 

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Retail India News: Insight Cosmetics Unveils Skincare Range with 11 Toxin-Free Serums
Retail India News: Insight Cosmetics Unveils Skincare Range with 11 Toxin-Free Serums
 

Insight Cosmetics, a well-known name in cosmetics, is making its mark in skincare with an innovative line of 11 serums. After four years of dedicated research and development, the brand is introducing this range of products. These serums are entirely vegan, free from toxins, and have been dermatologically tested to deliver visible results within just 14 days. Available both online and offline, this exclusive new range caters to diverse consumer preferences.

Crafted specifically for Indian skin types, these serums aim to fill a gap in the market by offering premium, safe, and efficient skincare solutions. They target skin brightening, dark circle reduction, spot and dullness elimination, ensuring accessible and sustainable skincare. With formulas featuring ultra-hydration, vitamin C, and anti-aging properties, these serums promise a radiant complexion, youthful appearance, and acne prevention. Under the hashtag #SkinScienceRedefined, the brand emphasizes hydration, brightening, moisturizing, and addressing various skin concerns, all at affordable prices.

Mihir Jain, Sales and Marketing Director, Insight Cosmetics said, “We are excited to take the next step in our journey by expanding into the skincare market. Through the new line of high-quality, toxin-free serums designed for Indian skin types, we aim to bridge the gap between affordability and quality.

The brand has transformed the cosmetics landscape with a diverse range of over 350 SKUs, spanning from nail polish to lipsticks, mascaras to eyeliners, eyeshadows to foundations, concealers to lip gloss, and makeup brushes, among others. This launch signifies a major milestone in the brand's evolution, solidifying its status as a pioneer in the clean beauty movement.

Insight Cosmetics has evolved into a groundbreaking brand offering a comprehensive selection of over 350 SKUs, encompassing nail polish, lipstick, mascara, eyeliners, eyeshadows, foundations, concealers, lip gloss, makeup brushes, and more.

 

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Retail India News: Orgatre Expands Product Portfolio with Vitamin C Foaming Face Wash
Retail India News: Orgatre Expands Product Portfolio with Vitamin C Foaming Face Wash
 

Orgatre, a personal care brand, has introduced its expertly crafted Vitamin C Foaming Face Wash, designed to nourish and rejuvenate your skin with every use. This innovative product results from extensive research and expertise, offering a holistic approach to skincare. It combines five organic essential oils—Orange, Rosehip, Bergamot, Sea Buckthorn, and Blueberry Seed—with a unique blend of five essential vitamins (E, C, F, B3, and B5), known as 'VITAmils'.

The key ingredient, Vitamin C, combats UV damage, stimulates collagen production, and reduces signs of aging. Niacinamide helps to address skin issues such as acne and hyperpigmentation. Additionally, antioxidant-rich Kakadu Plum and Lemon Peel Extract work to nourish and brighten the skin, while Blueberry Seed Oil and Bergamot Oil provide antimicrobial and rejuvenating benefits.
 

It is suitable for all skin types due to its ability to maintain skin hydration by locking in moisture within the skin's layers. This product enhances radiance and accelerates skin healing, targeting signs of aging, pigmentation, and tanning.

Moreover, its exfoliating properties remove dead skin cells, refining skin texture and promoting a healthy, toxin-free surface. This face wash effectively addresses prominent signs of aging, such as wrinkles, blemishes, acne scars, and hyperpigmentation, leaving your skin looking healthier and more rejuvenated.

Orgatre's Vitamin C Face Wash is meticulously designed to rejuvenate and revitalize your skin. Packed with powerful antioxidants, it effectively brightens your complexion, reduces dark spots, and shields against environmental stressors. Each use brings a radiant glow and the nourishing benefits of nature's finest ingredients. This product embodies Orgatre's holistic approach to skincare, offering more than just cleansing—it's a transformative ritual.

"With Orgatre's Vitamin C Foaming Face Wash, you can start your journey to radiant, glowing skin. Experience the revitalizing power of nature's rejuvenation and adopt a skincare routine that promotes your skin's natural radiance,” commented Himanshu Sharma, Co-founder and Managing Director, Orgatre.

Orgatre’s Vitamin C Foaming Face Wash is now affordably priced starting at Rs. 275 and is available on their website, https://orgatre.com/, as well as on major online retail platforms such as Flipkart, Amazon, and Meesho.

 

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Retail India News: Nykaa Board Designates Santosh Desai as Independent Director
Retail India News: Nykaa Board Designates Santosh Desai as Independent Director
 

FSN E-Commerce Ventures (NYKAA) has announced Santosh Desai as its newest Independent Director, effective July 15, 2024, pending shareholder approval, for a three-year term.

With a distinguished career spanning nearly 17 years as CEO of Future Brands Ltd and a notable tenure as President of McCann, one of India's leading advertising agencies, Santosh brings invaluable expertise to NYKAA's board. Renowned for his strategic prowess in shaping the consumer brand landscape, Santosh is hailed as a visionary in the Indian market.

Beyond his corporate roles, Santosh is actively involved in shaping the future of various sectors. He serves on the boards of Think9 Consumer Technologies, Dainik Jagran Group, and Breakthrough, and contributes his insights to the governing councils of esteemed institutions like Mudra Institute of Communication in Ahmedabad and Praxis Business School in Kolkata. Notably, he has previously contributed his leadership to the boards of ING Vysya Bank and OXFAM India.

NYKAA eagerly anticipates Santosh's guidance as the company continues its journey of innovation and growth in the e-commerce realm.

Falguni Nayar, Executive Chairperson, Founder and CEO, Nykaa commented on the appointment, “Santosh’s experience in understanding the interwoven relationship between culture and brands has helped build several iconic brands. Nykaa’s unrivaled customer centricity and focus on innovation has enabled us to garner tremendous consumer love and trust. We are confident that Santosh’s strategic guidance will help steer our vision to propel Nykaa’s brand equity and bolster our existing bouquet of brands for long-term global success.”

 

Nykaa Board Designates Santosh Desai as Independent Director

 

Nykaa’s current board of directors comprises 10 members, each offering invaluable expertise in diverse areas such as business strategy, technology, entrepreneurship, finance, governance & regulation, human capital management, and CSR. Notably, Nykaa stands out in its commitment to gender diversity, with women constituting nearly 40 percent% of the board composition. Among the esteemed independent directors are Milind Sarwate, Anita Ramachandran, Seshashayee Sridhara, and Pradeep Prameshwaram. Nykaa's adherence to regulatory frameworks ensures that the tenure of its independent directors aligns with prescribed guidelines, with reappointments conducted accordingly.

“I am excited to join Nykaa as an independent director. Nykaa has driven a transformative change in the beauty and lifestyle landscape in India with its customer-centric approach to retail. I look forward to contributing to the continued success and growth of this dynamic organization, leveraging my experience in brand strategy and advertising to help shape its highly promising future," said Santosh Desai.

Santosh, an alumnus of IIM-Ahmedabad and a passionate academic, has shared his insights as a guest lecturer at numerous national and international universities. He has also addressed management boards of prominent global companies. For nearly two decades, Santosh has been a regular contributor to a weekly column in the Times of India. Additionally, he is the acclaimed author of the bestselling book "Mother Pious Lady: Making Sense of Everyday India," which delves into the evolution of middle-class Indian life.

 

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Retail India News: Sebamed India Names Philip Kuncheria as New Country Head
Retail India News: Sebamed India Names Philip Kuncheria as New Country Head
 

Sebamed, a renowned name in skincare, has announced a major leadership change by appointing Philip Kuncheria as the new Senior Vice President and Country Head for India. Philip, a key member of the team that has built the brand in India over the past five years, is set to drive Sebamed India’s vision of building on its market-leading growth. This appointment underscores the company's commitment to continued expansion and innovation in the skincare industry.

Sebamed India is known for its superior, scientifically-backed skincare products that are gentle on the skin. Under Philip's leadership, the company aims to further solidify its position in the Indian market and address the evolving needs of its customers. With over two decades of experience leading large teams at multinationals such as Mars-Wrigley, Heinz, Fractal, and 3M, Philip brings a wealth of expertise to propel Sebamed’s growth and innovation in India.

Philip Kuncheria commented on his appointment, “It is a great honor to lead Sebamed India and transform the way skincare and skin health is viewed in India today. I look forward to working with our exceptional teams and partners to continue to deliver market leading growth while upholding the brand's values ​​of quality, integrity and innovation."

 

Sebamed India Welcomes Philip Kuncheria as New Country Head

 

As the new Country Head, Philip will oversee all aspects of Sebamed India's operations, strategic initiatives, market expansion, and innovation in skincare solutions.

Sebamed India's dedication to excellence and customer satisfaction remains steadfast. The appointment of Philip Kuncheria marks a new chapter of growth and innovation for the brand. With a strong leadership team, Sebamed India is set to reach new milestones and solidify its reputation as a trusted name in skincare, hair care, and baby care.

Sebamed is a preferred brand in over 85 countries globally. Their product range offers the unique benefit of a 5.5 pH level, which helps maintain the skin's natural balance. In India, Sebamed products are marketed by USV Private Limited.

 

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Retail India News: Arrow Broadens Reach with Kolhapur Store Opening
Retail India News: Arrow Broadens Reach with Kolhapur Store Opening
 

Arrow, the renowned professional menswear brand under Arvind Fashions Limited, announced the opening of its exclusive brand outlet in Kolhapur, Maharashtra. This luxurious store signifies the significant expansion of Arrow's retail presence in Western India, introducing a new era of style and elegance to the city's fashion-conscious enthusiasts.

Situated strategically, Arrow's latest retail destination spans 1227 square feet, offering an immersive experience crafted to inspire and captivate potential customers on their fashion journey. With a commitment to redefine retail excellence, the store reflects Arrow's innovative creative direction, focusing on enriched brand storytelling and immersive engagement opportunities for its valued customers.

Anand Aiyer, CEO, Arrow, commented on the launch, "We are thrilled to unveil our latest store in the city of Kolhapur. This new location provides the perfect canvas for Arrow to showcase its finest menswear collection, catering to the diverse sartorial preferences of the modern man. With our legacy of over a century and a half, we remain steadfast in our commitment to dressing individuals in sophistication and comfort."

The debut collection presented at the Kolhapur store embodies Arrow's steadfast dedication to innovation and artisanal craftsmanship. Titled "Sun, Style & T-Shirts: Dive into the Summer," it showcases a thoughtfully curated range of impeccably tailored menswear Perfect Polos designed to complement every occasion. Highlighting signature selections like the Interlock Polo, Sporty Collection, Mercerized Polo, The New York Collection, and the opulent 1851 collection, each garment epitomizes Arrow's enduring sophistication and unmatched excellence in quality.

With a presence spanning over 200 exclusive stores and availability in more than 1000 multi-brand outlets across 109 cities in India, Arrow continues to be a preferred choice among Indian professionals. Renowned for its rich heritage, impeccable style, and commitment to innovation, Arrow maintains its status as a trusted brand in the country.

 

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Zara's Growth Slows Amid Increasing Competition
Zara's Growth Slows Amid Increasing Competition
 

Zara's meteoric rise to success in the country over the past decade has been undeniable. However, after experiencing exponential growth with sales doubling every two years, the brand's expansion rate has gradually tapered off in recent years.

"The market is very competitive, and the challenges are real. Nevertheless the opportunity pool and the size of the market means that there is space for multiple successful players. Trent remains well placed to navigate this next phase of growth by leveraging our platform and growth engines," P Venkatesalu, chief executive officer at Trent, said.

Inditex Trent, the joint venture between Zara and Tata responsible for operating 23 Zara stores in India, experienced a notable shift in financial performance. According to Trent's annual report, revenue saw an 8% increase to Rs 2,775 cr in the last fiscal year, a significant decrease from the 40% growth recorded the previous year. Concurrently, net profit also declined, dropping by 8% to Rs 244 cr.

"Zara has been a runaway success since its arrival in the country more than a decade ago but after initially doubling sales every two years, the brand's rate of expansion had come down in the past few years. "The market is very competitive, and the challenges are real. Nevertheless the opportunity pool and the size of the market means that there is space for multiple successful players. Trent remains well placed to navigate this next phase of growth by leveraging our platform and growth engines," P Venkatesalu, chief executive officer at Trent, said."

Trent, the operator of Westside, has redirected its attention towards its lower-priced fast fashion brand, Zudio. In the last fiscal year, Zudio expanded aggressively, averaging about four new store openings per week, bringing the total store count to 545 doors. Additionally, Trent maintains a separate partnership with the Inditex group to manage Massimo Dutti stores in India. This collaboration witnessed a notable increase in revenues, rising by 14% to ₹102 cr.

According to industry experts, consumer demand has experienced a downturn over the past few years, requiring brands to exert additional efforts to achieve same-store growth. Much of the top-line growth for brands has been attributed to the addition of new stores rather than organic increases in consumer demand.

"Most international and premium Indian brands are competing for a relatively narrow slice of the population pie in the larger urban centres. While the Indian market is a bright spot amid the gloom in the world's major economies, global pressures are likely to play a part in the confidence among brands to invest in expansion,"  said, adding there is not necessarily "fatigue" for the brand, "said Devangshu Dutta, founder of retail consulting firm Third Eyesight.

In a landscape where competition for consumer attention is increasingly fierce and choices are diversifying across a spectrum of brands, the impact on individual brand performance is inevitable. India, as the world's second most-populous country, stands as an alluring market for apparel brands, particularly as young consumers exhibit a growing affinity for western-style clothing. The operational synergy between Zara and Tata's joint venture, Inditex, is notable, with Inditex primarily overseeing back-end operations and merchandise sourcing, while Tata's expertise lies in real estate and location identification.

 

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Retail India News: Mars Cosmetics Collabs with Nancy Tyagi as Official Makeup Partner
Retail India News: Mars Cosmetics Collabs with Nancy Tyagi as Official Makeup Partner
 

Indian cosmetic brand Mars Cosmetics collaborated with fashion influencer Nancy Tyagi as their ‘Official Makeup Partner’ at the Annual Cannes Film Festival. The 77th edition of the Cannes Film Festival took place on May 17, 2024.

Nancy Tyagi, a 21-year-old self-taught designer known for creating outfits from scratch, hails from Baghpat, Uttar Pradesh.

We are honoured to be Nancy Tyagi’s official makeup partner for the 77th Annual Cannes Film Festival. Her distinctive style and artistic vision matched seamlessly with our brand, this created a truly magical synergy. We are immensely proud to have been her official beauty partner for this prestigious eventsaid Rishabh Sethia, Director and Business Administrator,  MARS Cosmetics.

Founded by Abhishek Sethia and Rishabh Sethia, Mars Cosmetics is based in Netaji Subhash Place, Pitampura, Delhi. Catering to the preferences of the Indian market, the brand offers a range of products for eyes, lips, and faces. The company disclosed that their products are available on the Mars Cosmetics website as well as on platforms like Nykaa, Purplle, Tira, Amazon, Flipkart, Myntra, Meesho, Blinkit, and Zepto. 

The collaboration between MARS Cosmetics and Nancy Tyagi has established a new standard for beauty, glamour, and innovation. The brand's exquisite range of beauty products, combined with Nancy's presence, added an extra layer of allure and sophistication to the entire event.
 

 

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Her Story Transforms to ANEKA, Pioneering a New Luxury Identity and Global Reach
Her Story Transforms to ANEKA, Pioneering a New Luxury Identity and Global Reach
 

The luxury Maison, formerly known as Her Story, is embarking on a new chapter of global expansion. With a presence in Paris and America, the brand is introducing new collections centered around contemporary universal values, including upcoming high jewelry and men's collections. Throughout this journey, the Maison is actively committed to sustainability and environmental goals. As a result of these developments, it has rebranded itself as ANEKA.

It is no longer just about ‘her’ story. ANEKA poses a very modern question – What is the position of an individual within the collective? Representing only the collective doesn't make sense, and putting the individual far above the collective doesn't resonate with our values either. So, for me, ANEKA is a super philosophical name,” said Philippe Nobile, ANEKA Chairman and Paris-based luxury industry veteran.

ANEKA maintains its presence in Mumbai, situated within the city's esteemed art district of Kala Ghoda. Additionally, it has expanded its reach to Le Printemps Haussmann in Paris, renowned as one of the world's premier luxury retail destinations. Following this, ANEKA is set to make its debut in America, alongside the opening of another unique flagship boutique in India.

Ankit Mehta, CEO shared, An important part of building something modern, global and inclusive is the ability to adapt and evolve. The ANEKA team today is a truly global network of talented people that have come together for one universal mission: to elevate a new-age luxury brand – one that connects meaningfully with people and finds inspiration in heritage and culture – and bring it to every part of the world.”

Each ANEKA collection undergoes a meticulous creation process lasting nine months to a year within Maison's cutting-edge atelier. This facility is fully vertically integrated, encompassing material sourcing, handcrafting, and retail aspects. Designs are brought to fruition using top-quality diamonds in distinctive cuts, complemented by the finest precious gemstones, all set in pure 18K recycled gold. The Maison embodies a concept of 'new luxury,' where significance surpasses mere material worth.

Sitanshi Talati-Parikh, Brand Director said, “ANEKA’s raison d’etre is to create meaning and positive impact, both by action and as a source of inspiration for others. In offering representation for different voices and values, it fosters an understanding of varied perspectives. We’re passionate, as we’ve always been, about representing the beautiful dialogue between the individual and their modern values, in a contemporary world that is dynamic, mindful and inclusive.”

ANEKA's headquarters will be located in Geneva, supported by international offices and teams situated in Paris, Mumbai, New York, and Milan. The brand is backed by Walking Tree, a prominent player in the gems and jewelry industry with headquarters in Paris and Geneva, boasting a vast network spanning Europe, India, and America.

 

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Retail India News: Ludic Expands Product Portfolio with Exquisite Fragrances Edition
Retail India News: Ludic Expands Product Portfolio with Exquisite Fragrances Edition
 

Ludic, renowned for its footwear-centric lifestyle brand, expands its product range by introducing four new fragrances tailored for day and evening wear, catering to both men and women. Following the successful debut of sneakers, t-shirts, and sweatshirts, Ludic ventures into the realm of fragrances with its latest division, 'Red by Ludic,' focusing exclusively on beauty and personal care.

Fragrances for Men

The very first variant ‘Leather’ in the Fragrances categories for men by Ludic is infused with top notes fusion of Raspberry, Saffron, and Thyme, middle Notes in the aromas of Olibanum and Jasmine, and base notes in the aura of Leather, Suede, Amber, and Woody notes. It’s a luxurious blend of fragrances that lets you embrace the shadow of the night with its rich and profound aroma. Crafted with notes that linger, it leaves a lasting impression.

Drawing inspiration from the untamed spirit of the oceans, Coast Fragrance captures the essence of the sea in its entirety. Blending vibrant Grapefruit, Neiroli, Mandarin Orange, and Petitgrain with the calming essence of Seaweed and Rosemary, it exudes a sense of tranquility. Enhanced by the warmth of Virginia Cedar and Amber, 'Coast' is not just a fragrance; it's a homage to the boundless energy of the ocean, infused with vitality.

Fragrances for Women

‘Velvet’ is the ultimate accessory for those ready to conquer the night with confidence and poise. Its composition begins with the refreshing notes of Mandarin Orange and Blood Orange, leading to a captivating blend of Honey, Gardenia, Orange Blossom, Jasmine, and Peach. Completing the experience is a rich tapestry of Beeswax, Caramel, Patchouli, and Licorice, evoking the plush and luxurious texture of velvet, making it the perfect fragrance for your evening attire.

Ivy can be a daily companion with the beginning infused notes of Mandarin Orange, Pear, and Pepper transitioning to the blooms of Peony, Osmanthus, and Rose and closing with a sensual base of Patchouli, Musk, Cedar, and Leather. It's the scent for women who live life to the fullest.

We are committed to building a lifestyle brand with a product line for every consumer in all categories. With this vision in mind, we are introducing our new division called ‘red by Ludic’ only for beauty & personal care products. For now, we have begun with fragrances and have more launches in the pipeline this year under ‘red by Ludic’ along with our other lifestyle categories, especially in footwear,” said Ishit Jethwa, Founder, Ludic.


The fragrances are available to shop for Rs.999/- each for a 100 ml bottle and Rs.1,499/- for two in different combinations, inclusive of taxes and delivery. The new edition is available on platforms including Ludic’s website, Amazon, and Flipkart throughout the country.
 

 

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Retail India News: Colorbar Aims for Public Listing Within Three Years
Retail India News: Colorbar Aims for Public Listing Within Three Years
 

Modi Enterprises intends to bring cosmetics company Colorbar to the public market within the next three years, leveraging the promising opportunities presented by the Indian beauty and personal care industry.

Managing Director Samir K Modi emphasized that Colorbar is expected to achieve a revenue of Rs 1,000 crore in the upcoming fiscal year and aims to expand its presence in international markets.

Currently, the company manages brands such as Colorbar, 24Seven, and Modicare. Modi mentioned that Colorbar, being the fastest-growing brand among the three, will be the first to undergo the public offering, while the loss-making 24Seven may witness a financial turnaround by FY25.

“Together, these brands generate about Rs 3,000-3,500 crore revenue but we expect Colorbar to grow 50% this year and with the plan of increasing exports to international markets, we believe it has a potential to grow faster," said Samir K Modi, Managing Director, Colorbar. 

India's beauty and personal care market is poised for rapid growth, outpacing similar markets worldwide with a compound annual growth rate of 10 percent between 2022 and 2027, swelling the market size to $30 billion from $19 billion currently. 

Notably, this sector has attracted attention from major retailers such as the Tata group and Reliance Retail, both of which have entered the beauty product market with their own stores to compete with established players like Nykaa and Dabur-owned NewU.

Regarding Godfrey Phillips India, the flagship business of Modi Enterprises, announcing plans to divest from 24Seven, Modi clarified that he is not personally seeking to sell the business. The final decision will be made by the board.

Despite this, the 24Seven business demonstrated impressive growth of 19% last year, boasting 157 stores. The company plans to open at least 100 more stores in the current fiscal year.

 

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Retail India News: Dot and Key Skincare Enlists Shanaya Kapoor as Its Brand Ambassador
Retail India News: Dot and Key Skincare Enlists Shanaya Kapoor as Its Brand Ambassador
 

Dot & Key Skincare, a Kolkata-based beauty startup has announced its partnership with Shanaya Kapoor. This collaboration signifies a notable achievement for both the brand and Shanaya's rising career. With her vibrant energy and unwavering focus on wellness, Shanaya perfectly encapsulates Dot & Key's philosophy—a dedication to skincare efficacy grounded in powerful ingredients.

Being the first brand ambassador for the brand, Shanaya brings a refreshing aura of novelty and enthusiasm, seamlessly merging her burgeoning star influence with the brand's fruit-infused philosophy. This collaboration embodies a fusion of sophistication, effectiveness, and ingenuity, striking a chord with the brand's primary demographic—young millennials.

Highlighting the collaboration, Shanaya Kapoor stated, “I am super excited to become the face of Dot and Key Skincare. Dot and Key's products have seamlessly integrated into my daily skincare routine. As someone who has always incorporated homemade fruit treatments into my skincare regime, Dot and Key's fruit-infused products have made my routine hassle-free and effective. I can't wait to share my skincare experience with all."

Shanaya's endorsement further solidifies Dot and Key's status as a pioneer in personal skincare, providing an extensive range of skincare essentials including sunscreen, moisturizers, face washes, lip balms, and more.

We are extremely happy to welcome Shanaya Kapoor to the Dot and Key Skincare family. Her energetic personality, coupled with her true passion for skincare and fruit-based beauty, perfectly syncs with our brand ethos,” stated Suyash Saraf, Co-Founder, Dot and Key.

In 2018, Dot and Key emerged from the collaborative efforts of Suyash Saraf & Anisha Saraf, a dynamic husband-wife duo driven by a shared vision to address the gaps in skincare routines with innovative solutions.

 

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Retail India News: Trina Saha Unveils Secret Temptations’ New Body Mists Range
Retail India News: Trina Saha Unveils Secret Temptations’ New Body Mists Range
 

Secret Temptation has unveiled its newest collection of Body Mists, presenting four captivating fragrances tailored for contemporary women. The extravagant debut of this fresh lineup took place in Kolkata on May 6th, 2024, amidst a star-studded event under the #SecretToEverydayFreshness campaign. Renowned actress Trina Saha Bhattacharya and a host of influential personalities, including Saheli DebRay, Suhina Chakraborty, Chitra Banerjee, and Archika Gupta, graced the occasion, infusing their unique charisma into the festivities.

The event not only featured the attendance of these celebrities but also acted as a platform to debut Secret Temptation's latest collection of Body Mists. Actress Trina Saha introduced its captivating Body Mists, engaging guests with a lively rapid-fire question session that heightened anticipation for the big reveal. The new fragrances—Dew, Bold, Magic, and Bloom—each boast distinctive notes and are crafted with natural ingredients that are gentle on the skin, meticulously formulated to deliver everyday freshness to users. This new range is the culmination of extensive research into consumer preferences, aimed at enhancing users' daily experiences. Dermatologically tested, these products assure long-lasting freshness.

"We take immense pride in introducing our unique BODY Mists, representing a pioneering creation in their category. Our deep understanding of fragrances, coupled with a keen awareness of our customers' needs, guided our deliberate choice to ensure these mists are gentle and safe on the skin. Our commitment lies in delivering world-class fragrances, and this addition to our portfolio stands as a testament to that promise. Experience it for yourself and indulge in the luxury of long-lasting, unparalleled scents,” stated Aditya Daga, Director of Sales, Secret Temptations. 

With the introduction of this fresh range of body mists, Secret Temptation aims to revolutionize personal hygiene and freshness with a distinctive fusion of natural ingredients, imparting a 'Fresh out-of-the-shower' sensation all day long. Tailored for the modern women of India, this line is meticulously crafted to provide on-the-go freshness, serving as a dependable companion for their daily routines. The brand encourages the women of today to express their individuality more confidently. 

 

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Retail India News: Lavos Unveils Sun- Protective UPF Workout Clothing
Retail India News: Lavos Unveils Sun- Protective UPF Workout Clothing
 

Lavos, a renowned clothing brand, has revolutionized workout apparel with its latest launch, Sun-protective UPF Clothing collection.’ This innovative line combines fashion-forward designs with cutting-edge sun protection technology, offering fitness enthusiasts a stylish and functional solution for outdoor workouts.

Since 2010, the brand has been aiming to create eco-friendly apparel that’s both stylish and sustainable. Lavos has been researching for the purpose and has succeeded in perfecting its game-changing blend of bamboo viscose and organic cotton. As the temperature goes to its peak and the sun shines brighter, it’s time to reshape the workout wardrobe.

While some sun exposure is beneficial for a robust immune system, excessive sunlight can pose risks.

UPF clothing is a concept introduced for the first time in India but is beneficial considering the climate conditions. Lavos’s new range reduces direct sun exposure as it is designed with functional features like long sleeves, thumb holes, and collars to minimize direct exposure to harmful UV rays.

Crafted from lightweight, breathable, and moisture-wicking fabric, the clothing capsule ensures optimum comfort even in the hottest weather conditions. This new collection acts as a shield, safeguarding skin from harmful UV radiation. It not only minimizes the chances of sunburns, premature aging, and skin cancer but also ensures the skin remains healthy and shielded.

The brand has windmills set up generating over 5 megawatts of renewable energy for their entire manufacturing plant. The company’s manufacturing unit in Tiruppur saves 3500 units every month with the LED lights installation. 

Lavos is committed to going carbon-negative and has planted and maintained 2500 plus trees on their premises. 

 

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Retail India News: Good Earth Store Debuts Niharika Bhasin's Jewelry Line
Retail India News: Good Earth Store Debuts Niharika Bhasin's Jewelry Line
 

Renowned custom Designer Niharika Bhasin’s jewelry line “Akirahin” is all set to expand its offline retail presence with the Good Earth Stores. Now the jewelry range “Akirahin” is available to shop at Good Earth, which is India’s leading design house known for retailing luxury homegrown brands.

We are thrilled to collaborate with Good Earth, a beacon of fine artistry and refinement, to present our meticulously crafted jewellery collection. Together, we aim to elevate the art of living by offering exquisite pieces that exude unique charm," said Niharika Bhasin.

Niharika is a leading custome designer who creates and designs handcrafted silver jewelry studded with exquisite colored stones. The jewelry range introduced by Niharika has perfect synergy with Good Earth where every design implies a story and every story takes you on a journey.

Akirahin's debut collection, 'Insect Garden,' honors Niharika's fascination with the captivating realm of insects and her dedication to crafting silver jewelry by hand. Embracing the blend of artistry and innovation, this line has transitioned from local pop-ups to a permanent placement at Good Earth outlets. 

 

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Retail India News: Mensa Brands Launches Pebble Mega Smartwatch
Retail India News: Mensa Brands Launches Pebble Mega Smartwatch
 

Pebble has reshaped the landscape of smartwatches with the introduction of Pebble Mega. This groundbreaking smartwatch features a staggering 5.23 cm AMOLED display, 700 NITS brightness, and its 'Always on Display' feature ensures uninterrupted luxury. 

“With its groundbreaking features like the largest AMOLED display and unmatched brightness, Pebble Mega represents a new era of smartwatch excellence. Our focus on breakthrough features and user-centric design ensures that Pebble Mega not only meets but exceeds the expectations of today's tech-savvy consumers,” commented Ananth Narayanan, Founder & CEO, Mensa Brands. 

The latest launched smartwatch comes in a premium metallic body that exudes elegance and durability. The functional rotating crown in the smartwatch gives it a sophisticated touch and allows for effortless navigation through menus, apps, and settings with a simple twist of your fingers. Powered by NextGen connectivity, the smartwatch lets you control your smart home devices.

The built-in AI voice assistant will help with tasks, answer questions, and aid in organizing schedule. It also features a comprehensive health suite that provides information about general well-being like heart rate, and Sp02, and it also has a sleep monitoring feature and multiple sports modes. Its unparalleled 7+ day battery life guarantees continuous connectivity. 

The newly introduced Pebble Mega smartwatch is offered in three color variants including Midnight Gold, Moonlight Grey, and Jet Black. The collection is available to shop on online platforms like Amazon & Flipkart, and the pricing starts at Rs 2,699. 

 

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Retail India News: Kalamandir Jewelers Partners with Shruti Haasan
Retail India News: Kalamandir Jewelers Partners with Shruti Haasan
 

Kalamandir Jewelers Welcomes Bollywood icon Shruti Haasan to be the brand ambassador. This strategic collaboration will enable the brand to forge strong consumer trust and brand loyalty. 

Speaking on this joint venture, Milan Shah, Director, Kalamandir Jewellers, stated, “We are thrilled to welcome Shruti Haasan, a popular actor and a style icon with fans across India and globally, to the Kalamandir family. Her unique blend of talent, style and grace embodies the essence of our brand and reflects our commitment to sophistication and tradition. I am confident that the association with Shruti will inspire our customers and create memorable experiences.”

With Haasan onboard, the Kalamandir Jewelers will be inspiring customers to embrace their unique essence with the exquisite collection.  This collaboration aims to enhance experiences and make a lasting impression in the world of luxury and style. 

“I am delighted to embark on this exciting journey with Kalamandir Jewellers. I believe in the power of elegance and individuality and can easily relate to Kalamandir as a brand. They are one of the most popular jewellery retail chains in the country, and partnering with them allows me to express these values and inspire others to embrace their unique beauty,” commented Shruti Haasan. 

Beginning with owning a store of 200 sq ft in Kosamba in the Surat district, Kalamandir Jewelers has succeeded in establishing a strong retail presence. The brand is also known to introduce national jewelry brands including Rishta, Kingly, Indo-Italia, Purusham, Platinum & Sajdhajke.

 

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Retail India News: Tata CLiQ Expands Product Portfolio with Pre-owned Luxury Handbags Category
Retail India News: Tata CLiQ Expands Product Portfolio with Pre-owned Luxury Handbags Category
 

Tata CLiQ, India’s premier luxury lifestyle platform has expanded its pre-owned category by onboarding Ziniosa. With the newest launch, the platform has a range to offer including Pre-Owned Timeless Icons like luxury handbags from leading global brands.

Envisioning to make unique and rare pre-owned pieces easily available to customers across the country, the platform will be collaborating with various partners to offer products across categories. By introducing Ziniosa, the digital store will provide customers the opportunity to shop for pre-owned luxury handbags from leading luxury brands. 

“We are thrilled to expand our Pre-Owned Timeless Icons offerings with the introduction of Ziniosa on the platform. This launch not only enhances our offerings but also reflects our commitment to sustainability and ethical fashion practices. By embracing pre-owned luxury, shoppers can indulge in exquisite designer bags while supporting ecologically responsible shopping practices. So far, we’ve seen a very good response for this category on the platform, and we will focus our efforts on expanding and diversifying the offerings in this category further to cater to the evolving needs of customers as we continue to lead the way in pre-owned luxury,” said Gopal Asthana, CEO, Tata CLiQ. 

Ziniosa stands out for its commitment to eco-friendly options and democratizing luxury fashion. With the rise of India's pre-owned luxury market, it spearheads the shift in how consumers view sustainable fashion. 

“We are elated to launch Ziniosa on Tata CLiQ Luxury. There’s a huge demand for pre-owned luxury handbags globally, and the demand in India is on the rise. With this partnership, we are expanding our reach further by making our extensive assortment of pre-owned luxury handbags available to people across the country.” Varun Ramani, Co-founder, Ziniosa, said, “At Ziniosa, customer satisfaction is key. We do several quality checks and an extensive authentication check before each product is listed for sale. We also offer an authenticity certificate with each order. We look forward to a successful partnership,” stated Ashri Jaiswal, Co-founder, Ziniosa. 

By presenting timeless designer bags designed by the world’s most coveted luxury brands, Ziniosa introduces an essence of refinement coupled with sustainability.

 

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Retail India News: Exports of Lab-Grown Diamonds Expected to Rise by 7-9 pc in FY25
Retail India News: Exports of Lab-Grown Diamonds Expected to Rise by 7-9 pc in FY25
 

The Lab-grown Diamonds (LGDs) exports are expected to reach a growth rate of 7-9 percent in the Fiscal year 2025, as projected by the CareEdge Advisory. This expected revival comes on the heels of a recent downturn, as FY24 witnessed a significant 16.5 percent year-on-year decline in LGD exports, the totaling approximately will be $1402.30 million.

LGD Exports have been experiencing a decline in recent times, and have seen over 6.5 percent decline y-o-y for FY24. However, the sales volume has been growing, and the decline in the prices has impacted the exports. 

The demand for Lab-grown Diamond exports is projected to rise in FY25, but the demand for naturally mined diamonds may remain sluggish. 

“The LGD exports are expected to witness a revival with expected growth of 7-9 percent to reach ~$1500-1530 million in FY25. Faced with ongoing geopolitical and economic disruptions globally, the gems and jewelry industry is relying on the rapidly growing LGD market to mitigate the effects of low demand for natural diamonds. Due to the low cost of man-made diamonds, domestic consumption, and exports are expected to increase in this fiscal,” said Tanvi Shah, Director, CareEdge Analytics and Advisory. 

India is known to produce over 3 million lab-grown diamonds a year and accounts for 15 percent of the global production. Currently, India is the second largest lab-grown diamond producer, trailing behind China. In 2023, the projected value of the domestic lab-grown diamond market is $ 300 million. The industry has faced challenges, for instance, lab-grown diamond supply has surged, which led to a significant price drop. 

Shah added, “While the downtrend has led to a severe hit for the overall fondness towards LGDs, the way forward looks promising for the revival of demand. This comes with a backdrop of a decline in natural diamond prices triggered due to weak purchasing power, which in turn sets the ground for LGD demand to flourish. 

The pricing per carat for LGD is $198.22 for 10MFY24, whereas the natural diamond pricing per carat is $4357 for 10MFY24. 

 

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Retail India News: Board of Welspun Living Appoints Naiyya Saggi as Independent Director
Retail India News: Board of Welspun Living Appoints Naiyya Saggi as Independent Director
 

Welspun Living, which is a global home textiles brand has announced the appointment of ‘Naiyya Saggi’ as the company’s new independent director. The newly appointed director Naiyya Saggi will be serving her first term as an independent director for over four years, till April 24, 2028. 

Having an experience of 16 years. Saggi also founded BabyChakra and currently, she is Group co-founder and president of The Good Glam Group, a digital-first beauty and personal care conglomerate. 

Naiyya’s strategic insights, particularly gleaned from her B2C and e-commerce experience align seamlessly with our vision for propelling Welspun Living's B2C growth trajectory. With AI and ML disrupting the space, the importance of digital takes center stage. Naiyya’s deep understanding of the digital landscape and consumer behavior will help us leverage the power of technology and innovation to create delightful experiences for our customers,” said Dipali Goenka, CEO and MD of Welspun Living. 

Naiyya Saggi is a powerful figure in the start-up ecosystem and is known for building new-age consumer brands. She is one of India’s top voices for women in technology. 

Saggi also commented, “I believe my experience in consumer-focused industries, bringing in a robust digital DNA in brand building, and my passion for sustainable, inclusive growth with profit and purpose aligns perfectly with Welspun’s values. I look forward to collaborating with the board and management team to drive strategic initiatives and create value for all stakeholders.

Naiyya is also known to be a member of The National Taskforce for Regulatory Issues at the DPIIT Ministry of Commerce and an elected Governing Council member of The Tech Entrepreneurs Association of Mumbai.

 

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Retail India News: Titan Records 5 pc Rise in Q4 Profit After Tax to Rs 771 Crore
Retail India News: Titan Records 5 pc Rise in Q4 Profit After Tax to Rs 771 Crore
 

Titan Company on Friday reached a record marking a 5 percent increase in consolidated profit after tax to Rs 771 crore for the March quarter.

The company recorded a Profit After Tax (PAT) of Rs 736 crore in the previous year period.

The company’s total income boosted to Rs 11,472 crore during the period under review from Rs 9,419 crore in the fourth quarter of the 2022-24 fiscal.

“As we look forward to FY25, all businesses of the company are single-mindedly continuing to focus on satisfying the ever-evolving needs of our lifestyle consumers,” Titan Company MD C K Venkataraman said.

In the fiscal year ending March 31, 2024, the company's consolidated profit after tax stood at Rs 3,496 crore, up from Rs 3,274 crore in FY23.

The total income for FY24 amounted to Rs 47,501 crore, reflecting an increase from Rs 38,675 crore in the 2022-23 fiscal year. 

 

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Retail India News: Nautica India Appoints Ayushmann Khurrana As Brand Ambassador
Retail India News: Nautica India Appoints Ayushmann Khurrana As Brand Ambassador
 

E-commerce marketplace Myntra Chooses Bollywood actor Ayushmann Khurrana to be the brand ambassador for the American lifestyle brand, Nautica in India. The actor will be leading the brand’s all-new spring summer collection campaign which will be visible across regions nationwide. 

"Nautica’s latest Spring-Summer campaign beautifully encapsulates the adventurous spirit of a man. With Khurrana on board, we are confident Nautica’s brand presence will augment further, connecting with the brand’s target audience, which coincides with the actor’s dedicated fan base,” stated Venu Nair, chief of strategic partnerships and omnichannel at Myntra.

The latest ad campaign of the brand starring Khurrana is being launched through mediums including print, outdoor, social media, and digital platforms, aiming at the audience with the age group of 22 to 60. 

I’m happy to represent a legacy brand like Nautica. The new summer collection is an ode to adventurous men, blending contemporary trends seamlessly into its designs. My style seamlessly syncs with Nautica, and I’m excited to bridge the gap between the brand and its audience,commented Khurrana.

Nautica has over 35 categories to offer including apparel, accessories, and a home collection for men, women, and children. As of now, the brand has marked its appearance in nearly 1,400 freestanding stores and shop-in-shops in more than 65 countries worldwide and has an online presence on Nautica, Myntra, and Flipkart.

Myntra is home to over 6,000 fashion and lifestyle brands, also, the platform has collaborated with global brands such as  Mango, Nautica, Slazenger, and many more, aiming to distribute their products in India. In the past year, Myntra has drawn in around 75 million new users, with 65% hailing from non-metro areas, as per the Myntra Trend Index. 

 

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Retail India News: Reliance Jewels Launches Akshay Tritiya ‘Vindhya’ Collection 2024
Retail India News: Reliance Jewels Launches Akshay Tritiya ‘Vindhya’ Collection 2024
 

Bollywood icon Disha Patani honored the event where Reliance Jewels unveiled its latest collection ‘Vindhya’ for the Akshaya Tritiya celebrations. This collection is the ninth installment in the ‘Jewels of India’ series, drawing inspiration from the artistic traditions of Madhya Pradesh. The launch took place in Varanasi.

The Vindhya collection showcases a wide range of jewelry pieces ranging from chokers to bangles available in gold and diamond variants. The latest jewelry range is now available at all Reliance Jewel stores. 

"The launch of the Vindhya Collection this Akshaya Tritiya marks our commitment to celebrating India's diverse cultural heritage. Inspired by the rich traditions of Madhya Pradesh, this collection is the ninth in our 'Jewels of India' series and stands as our testament to showcasing Indian art and craftsmanship,” said Sunil Nayak, CEO, Reliance Jewels. 

Actress Disha Patani also commented on the launch stating, “Each piece in this collection is a masterpiece reflecting the rich cultural heritage and architectural splendour of Madhya Pradesh. Personally, I am in love with the diamond necklace design, which beautifully amalgamates elements from various temples in Ujjain. It isn’t just jewellery; it’s a true symbol of tradition and beauty that is a must-have in every wardrobe." 

 Reliance Jewels is a part of Reliance Retail Ltd and is known for offering a spectacular range of gold, diamond, and silver jewelry collections.

 

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Retail India News: Zodiac Brings the 2024 Positano Collection
Retail India News: Zodiac Brings the 2024 Positano Collection
 

Zodiac, a men’s clothing manufacturer has announced the launch of its latest collection “2024 Positano,” showcasing an exquisite range of pure linen shirts. 

The brand uses linen woven from flax that is grown in the Normandy region of France and is considered the best quality worldwide. Linen is the oldest fiber which is used in textile weaving. The linen shirts that Zodiac manufactures are comfortable to wear, and their naturally wrinkled appearance adds to the elegance of your summer look. 

The 2024 Positano collection features a color palette that reflects the mesmerizing sight of Positano, which is a quaint town situated on the Amalfi Coast on the Italian Riviera- beige, pink, yellow & terra cotta houses. The latest capsule showcases a range of solid stripes, & checks in both short & long sleeves which can be paired with ZODIAC Linen Jackets, Trousers & Bandhgalas.

 “The colours of shirts in ZODIACs 2024 Positano Collection showcase the hues of the Italian Riviera in the Linen fabrics woven from French flax,” saidSalman Noorani (Vice Chairman & M.D. ZCCL.

The new 2024 Positano collection is available to shop at www.zodiaconline.com.

Zodiac Clothing Company Limited (ZCCL) is known to operate a 5000 sq. ft. Italian-inspired design studio at its Mumbai Corporate office which is a LEED Gold-certified building.

 

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Retail India News: VLCC Plans to Launch Over 100 Beauty & Wellness Clinics in the Nation
Retail India News: VLCC Plans to Launch Over 100 Beauty & Wellness Clinics in the Nation
 

Beauty & wellness brand VLCC is all set to launch over 100 beauty and wellness clinics nationwide to expand its retail presence. The news was confirmed through a press release on Thursday.

All the new clinics will be featuring VLCC services, encompassing skincare, haircare, and wellness treatments. Also, every center will provide a personalized experience as expert consultants will be made available to provide guidance and recommendations based on individual preferences and concerns. 

“Our ambitious expansion plans reinforce our commitment to redefine beauty and wellness across India. With the opening of over 100 beauty and wellness clinics nationwide, we are not just expanding our footprint, but also deepening our connection with our valued customers,” said Anand Wasker, president of global services, VLCC.

The brand is known to boost the retail reach of its personal care products business in India across general trade and modern trade/assisted channels, and this will be done through a weighted distribution strategy, extending to over 100 clinics. 

The company has a team of 200 dermatologists who provide a range of dermatological solutions including skin rejuvenation and anti-ageing treatments.

VLCC is currently operating across 310 locations in 139 cities and 11 countries, including India, Sri Lanka, Bangladesh, Nepal, Singapore, Thailand, UAE, Oman, Bahrain, Qatar, Kuwait, and Kenya with quite a stuff strength including medical doctors, nutritionists, physiotherapists, cosmetologists, and wellness counselors. 

 

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Retail India News: Reliance Retail's Tira Beauty Launches Nails Our Way
Retail India News: Reliance Retail's Tira Beauty Launches Nails Our Way
 

Reliance Retail’s Tira Beauty has recently introduced its latest private label brand ‘Nails Our Way.’ The freshly launched beauty line offers a wide range of premium nail colors and care products. 

Nails Our Way represents a unique approach to nail care, and offers a product line including Gel Well, Swift Dry, Breathe Away, and Treat Coat nail enamel collections. The collections feature a diverse array of colors, offering a perfect match for every mood and occasion. Not only this, the brand offers essential nail care products such as No Bump Base, Cuti Care, and Toughen Up solutions to ensure nourishment, strength, and protection of your nails. 

Adding to the lineup are gentle yet effective nail enamel removers like the innovative 2-toned Vanisher and the acetone-free Squeaky Clean. Complete manicure products, and convenient kits including French 'Em Up and Nailed It are also included in the offerings by the brand. Customers can shop the full ‘Nails Our Way’ collection on its official website at Tirabeauty.com. 

Rolled out in April 2023 by Reliance Retail Ltd, Tira, powered by technology and personalized experiences, is the fresh omnichannel beauty retail platform.

 

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Retail India News: Myntra Welcomes Streetwear Brand Urban Monkey
Retail India News: Myntra Welcomes Streetwear Brand Urban Monkey
 

Myntra's Rising Stars initiative, supporting Indian D2C brands, welcomes Urban Monkey onboard! The brand will be offering over 170 styles on Myntra’s platform and will include categories like apparel and accessories. Urban Monkey’s offering will include products like t-shirts, caps, sweatshirts, shirts, backpacks, jeans, and shorts.

In our endeavor to bring the best of trend-first fashion offerings to our customers,  we’re thrilled to announce the launch of Urban Monkey on our platform. We are confident about the brand, enamoring our fashion-forward customers across the country with its chic range of high-quality apparel and accessories,” said Maneesh Dubey, senior director – category management marketplace at Myntra.

The brand plans to leverage Myntra's social commerce features like Myntra Minis and Myntra Studio to further boost customer engagement, increase visibility, and reinforce brand recognition. 

We are excited to announce our partnership with Myntra. With their strong foothold and reach, Myntra provides us with the perfect platform to connect with our audience and expand our presence. With this partnership, we aim to triple our growth in the next two years, leveraging Myntra’s platform to reach new heights,” commented Yash Gangwal. 

Founded in 2013 by Yash Gangwal, a US-based Urban Monkey brand operates in the mass premium segment and caters to millennials & Genz's ever-changing needs. 

 

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Retail India News: Mac Duggal Debuts 2024 Spring/Summer Line in India
Retail India News: Mac Duggal Debuts 2024 Spring/Summer Line in India
 

Mac Duggal, a Renowned American couture designer has recently made its entry for the first time in India by launching Spring Summer 24’ collection. The designer’s newly launched range features contemporary day-to-evening dressing and easy, free-flowing silhouettes. The fashion house has partnered with multi-brand outlets like Aza, Reliance’s The White Crow, and Ogaan, confirmed in a press release. Mac Duggal’s creations are retailed in stores like Bloomingdale’s, Nordstrom, Macy’s, Saks Fifth Avenue, and Galeries Lafayette.

I am thrilled to finally be expanding into India, marking our expansion into the 52nd country,  and reconnecting with my native roots. The Spring Summer ‘24 collection that we are debuting in India is a couture line with something for everyone. The silhouettes are flattering for every body type and all age groups, due to our inclusive size range,” said Duggal. 

Mac Duggal’s Spring Summer 24 collection showcases silhouettes with regal embroidery, daring cutouts, modern bold colors, and traditional jeweled details, all native to India.

With its existence in more than 50 countries, including major markets throughout the world, the brand retails products on macduggal.com. Also, partners like Nordstrom, Saks Fifth, Galeries Lafayette, Bloomingdales, New York Fashion, and Anthropologie look forward to further expanding their presence worldwide. 

 

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Retail India News: Kate Spade Teams Up With Disney for Snow White Collection Debut
Retail India News: Kate Spade Teams Up With Disney for Snow White Collection Debut
 

Kate Spade New York, an American fashion house, has recently announced the launch of its new Disney-inspired collection “Snow White.” The new launch adds a touch of whimsy and magic to everyday accessories. 

As an ode to Disney’s most loved character Snow White, the collection offered by the brand features vibrant colors and delightful designs. From charming handbags showcasing beloved characters to playful wallets, the range celebrates the enchantment of Disney in the brand’s signature style.  

The Snow White Kate Spade collection offers leather bags and accessories featuring Snow White art along with Apple icon patterns inspired by Walt Disney’s Snow White and the Seven Dwarfs (1937). The collection is currently available to shop on Ajio Luxe and all stores in India.

 

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Retail India News: Laneige Collabs With Gul Jaipur For Exclusive Sleep Mask
Retail India News: Laneige Collabs With Gul Jaipur For Exclusive Sleep Mask
 

Laneige has announced its latest launch “Bouncy and Firm Sleeping Mask” in collaboration with Gul Jaipur, known for its artisanal craftsmanship empowering women artisans.

The collaboration representing expertise and tradition aims at skincare innovation and artisanal craftsmanship to redefine beauty rituals. Laneige's Sleeping Mask's unique "Bouncy" quality is the highlight of this joint venture, whereas, Gul Jaipur has a custom crochet flower that enhances Laneige's signature ingredient, the peony complex, within the sleeping mask formula. 

We are thrilled to partner with Gul Jaipur for the launch of our Bouncy and Firm Sleeping Mask. This collaboration not only allows us to showcase the latest advancements in skincare technology but also celebrates the incredible talent and artistry of women artisans. Together, we have created a product that not only nourishes the skin but also uplifts and empowers women around the world," stated Mini Sood Banerjee, Assistant Director and Head of Marketing and Training AmorePacific Group. 

Laneige’s newly launched Bouncy and Firm Sleeping Mask provides vitality and also forms a moisturizing glow barrier overnight with Moisturizing and Glow-boosting Capsules. 

I am delighted to embark on Gul’s collaborative journey with Laneige. This partnership symbolizes our shared commitment to celebrating artisanal craftsmanship and empowering women. Together, we merge tradition with innovation, offering a transformative skincare experience that resonates with the essence of beauty and self-care,” said Tanya Setia, Founder of Gul Jaipur.

 

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Democratizing Fashion: Fast Fashion's Role in Inclusivity Across Socio-Economic Boundaries
Democratizing Fashion: Fast Fashion's Role in Inclusivity Across Socio-Economic Boundaries
 

Fashion, long considered the domain of the elite, has undergone a transformative evolution in recent years. What was once exclusive and financially prohibitive has now become inclusive and accessible, thanks to the rise of fast fashion. This revolution in the fashion industry has not only democratized style but has also empowered individuals from all walks of life to express their unique personalities and embrace the latest trends without breaking the bank.

In India, the approach to fashion and luxury clothing often reflects a blend of tradition, practicality, and evolving trends. While there is a growing appreciation for luxury brands and high-end fashion, many Indians still carefully consider their purchases, especially when it comes to clothing. Factors such as price, value for money, and the cultural significance of the garment often influence buying decisions. As a result, fast fashion has gained significant traction in India, offering a wide range of trendy and affordable options that cater to diverse tastes and budgets.

Through affordable pricing, quick turnover of trends, diverse choices, seasonal sales, and the convenience of online shopping, fast fashion brands have democratized style and fashion. This accessibility empowers individuals to experiment with different styles, update their wardrobes regularly, and stay current with fashion trends without the need for expensive designer pieces. As a result, fast fashion has not only transformed the way people approach fashion but has also fostered creativity, self-expression, and confidence in personal style choices, regardless of budgetary constraints.

The contribution of e-commerce in the fast fashion industry-

E-commerce has played a key role in the fast fashion industry, acting as a catalyst for its exponential growth and widespread accessibility. One of the most notable advantages is the global reach that online platforms provide, allowing fast fashion brands to transcend geographical boundaries and connect with a diverse customer base worldwide. This expanded reach not only increases brand visibility but also opens up new market opportunities, enabling brands to tap into emerging fashion trends and consumer preferences across different regions. Moreover, the 24/7 accessibility of e-commerce platforms has transformed the shopping experience for consumers, offering the convenience of browsing, purchasing, and receiving products at any time, from anywhere. This round-the-clock accessibility has significantly contributed to the industry's sales volume and customer engagement, as shoppers can effortlessly explore the latest fashion offerings and make purchases according to their schedules and preferences.

The instillation of oneness through fast fashion-

Fast fashion has instilled a sense of oneness within the fashion world through its inclusive practices and global influences. By offering diverse sizing options and featuring models of various backgrounds in marketing campaigns, fast fashion brands promote inclusivity and celebrate the beauty of cultural diversity. Additionally, the affordability of fast fashion allows people from different socio-economic backgrounds to participate in current trends and express their style, fostering a sense of unity and belonging. Collaborative efforts, cultural exchange, and mutual appreciation for different styles further contribute to creating a collective environment where individuals can embrace their uniqueness while celebrating shared fashion experiences and expressions.

How fast Fashion has empowered confidence through stylish choices?

Fast fashion has profoundly impacted people’s lives by democratizing style and instilling confidence through accessible, trendy clothing options. By swiftly replicating runway trends at affordable prices, fast fashion brands enable individuals to stay updated with the latest fashion while encouraging experimentation and creativity in styling. This accessibility fosters a sense of curiosity and exploration, empowering individuals to express their unique identities authentically. Moreover, the versatility of fast fashion allows for mix-and-match possibilities, contributing to the development of individualized, signature styles that reflect personal preferences. With inclusivity and representation at the forefront, fast fashion promotes a positive self-image and boosts confidence by offering diverse sizing options and featuring models from various backgrounds, fostering a sense of belonging and acceptance within the fashion community.

The impact of fast fashion in India-

Fast fashion has had an overpowering impact on India's fashion landscape, ushering in a new era of accessibility, consumer behavior shifts, economic growth, and cultural influence. Firstly, it has democratized fashion by making trendy clothing and accessories accessible to a wider demographic, breaking down barriers to style expression across various socio-economic backgrounds. This accessibility has led to a change in consumer behavior, with individuals now expecting constant variety and affordability in fashion offerings, prompting retailers to adapt and innovate.

The retail sector has experienced significant growth, both in physical stores and online platforms, creating employment opportunities and driving economic development within the industry. Fast fashion has also catalyzed innovation and competition in India's fashion scene, with local designers and brands striving to stay relevant and compete on a global scale. Moreover, it has influenced cultural expression by blending traditional elements with modern trends, creating unique fashion statements that reflect India's diverse heritage and contemporary influences.

Overall, the rise of fast fashion has paved the way for a more inclusive and diverse fashion landscape, where individuals from different socio-economic backgrounds can come together to celebrate their individuality and express themselves through their style. As we continue to embrace diversity and inclusivity in the fashion industry, fast fashion brands will undoubtedly play a key role in shaping the future of fashion for years to come.
 

Authored By

Shyam S Prasad, CEO, Brand Studio Lifestyle

Shyam S Prasad, CEO, Brand Studio Lifestyle

 

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Retail India News: Reliance Retail’s Tira Launched Its Premier Beauty Accessories Line, 'Tira Tools
Retail India News: Reliance Retail’s Tira Launched Its Premier Beauty Accessories Line, 'Tira Tools
 

Tira Beauty, a branch of Reliance Retail, introduced its exclusive label, "Tira Tools," a premium collection of beauty accessories tailored for today's discerning consumers. This launch signified Tira's expansion into the accessories market, offering carefully curated items crafted to enhance beauty routines effortlessly.

The Tira Tools range comprises an array of meticulously designed accessories poised to redefine beauty standards. From Pro Makeup Brushes to Facial Rollers and Beauty Sponges, Tira Tools ensured a diverse selection to meet varying beauty requirements. With an unwavering dedication to excellence, the brand emphasized intricate detailing and superior quality in each product.

An exceptional highlight of the Tira Tools lineup was the Pro Artistry Kits, blending precision and adaptability to cater to professionals and beauty enthusiasts alike. Moreover, the Beauty Sponges showcased innovative designs, while the Facial Rollers and Gua Sha tools boasted premium materials like genuine jade and quartz. Upholding ethical principles, all Tira Tools items were cruelty-free and vegan-certified. Endorsed by experts, these tools guarantee top-tier quality and performance, promising a gentle touch suitable for all skin types.

Tira Tools were conveniently available for purchase online and in-store, ensuring accessibility for consumers everywhere. It offered the perfect fusion of quality and functionality, enabling users to elevate their beauty regimens effortlessly.

 

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Retail India News: Lavie Luxe Launches Exclusive Monogram Collection, Elevating Fashion to New Heights
Retail India News: Lavie Luxe Launches Exclusive Monogram Collection, Elevating Fashion to New Heights
 

Lavie Luxe, known for its premium fashion offerings, has introduced its latest Monogram Collection, marking a significant step in redefining elegance in fashion accessories. The collection, comprising a range of wallets, slings, satchels, and tote bags, showcases Lavie Luxe's commitment to sophistication and style.

Highlights from the Lavie Luxe Monogram Collection:

Lavie Mono Mia Wallet: Combining Style and Functionality

The Lavie Mono Mia Wallet stands out for its unique blend of a zip-around and bifold design, offering convenience and versatility. With ample card holders, compartments, and space for essentials like phones and bills, it promises to be a practical yet stylish accessory for daily use.

Lavie Luxe Mono 3 Pc Multi Pochette Sling: A Fusion of Fashion and Utility

This Multi Pochette Sling bag integrates three pieces into one, providing both style and functionality. Featuring a coin pouch and webbing LSS, it offers versatility without compromising on chic design, making it a noteworthy addition to any wardrobe.

Lavie Luxe Mono Sherry Tote: Designed for Everyday Convenience

Crafted with meticulous attention to detail, the Sherry large Mono tote bag offers functionality and trendiness. Its spacious compartments and durable stitching make it ideal for everyday use, catering to the needs of modern women seeking both style and practicality.

Lavie Luxe Mono Satchel: Elevating Professionalism with Style

The Lavie Luxe Mono Satchel redefines the laptop-carrying experience with its sleek design and premium functionality. Featuring dedicated compartments and pockets, it ensures safety and organization while exuding sophistication with its monogram detailing.

Fashion enthusiasts and connoisseurs can explore the latest offerings from Lavie Luxe's Monogram Collection, which embodies a blend of timeless elegance and contemporary flair. Each piece reflects Lavie Luxe's dedication to crafting luxury accessories that elevate personal style.

Lavie Luxe, the premium extension of Lavie, continues to set benchmarks in the world of fashion with its luxurious assortment of handbags and accessories. Inspired by European craftsmanship and contemporary aesthetics, Lavie Luxe caters to individuals seeking refined elegance and enduring quality in their fashion choices.

 

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Retail India News: TechnoSport Debuts Cotflex Fabric for Unbeatable Comfort and Performance
Retail India News: TechnoSport Debuts Cotflex Fabric for Unbeatable Comfort and Performance
 

TechnoSport, an innovator in sportswear, introduces a game-changing advancement in fabric technology: Cotflex. This cutting-edge fabric, developed by TechnoSport's research and development team, marks a significant breakthrough in performance wear.

Cotflex fabric is the result of advanced textile engineering, blending a unique combination of yarns to offer unmatched comfort, performance, and versatility. Sunil Jhunjhunwala, Co-Founder of TechnoSport, explains, "The TechnoSport Cotflex technology blends a mechanical stretch component yarn with a full double UV protection yarn, delivering a distinctive cotton-like feel while maintaining top-notch performance."

Unlike conventional fabrics, Cotflex provides a cotton-like sensation alongside exceptional durability and performance features. Here are some standout qualities:

Enhanced Stretch: Cotflex offers a 4-way stretch, ensuring freedom of movement without clinging, guaranteeing maximum comfort for any activity.

Lightweight Build: Despite its moderate thickness, Cotflex fabric is remarkably lightweight, providing wearers with a sense of freedom and comfort.

  • Moisture Management: Engineered to swiftly absorb sweat and dry rapidly, Cotflex fabric keeps the skin dry and comfortable, perfect for intense workouts or daily wear.
  • UV Protection: Featuring built-in UPF 50+ protection, Cotflex fabric shields wearers from harmful UV rays, ensuring safety during outdoor activities. 
  • Antimicrobial and Anti-Static Properties: Cotflex fabric incorporates antimicrobial technology for hygiene and odor control, while its anti-static properties repel dust, maintaining a clean appearance.

Additionally, Cotflex fabric boasts a unique memory function, swiftly recovering from creases and wrinkles for a crisp and fresh look with minimal effort.

"As pioneers in this groundbreaking technology, we're excited to offer consumers a fabric that surpasses traditional materials, setting a new standard for comfort and functionality," adds Sunil Jhunjhunwala.

With its unmatched performance features, Cotflex fabric is set to revolutionize sportswear and activewear. Experience the difference with TechnoSport's Cotflex fabric today.

 

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Retail India News: Lee and Suneet Varma Unveil Glamorous Fusion in 'Denim Beyond Definition' Collection
Retail India News: Lee and Suneet Varma Unveil Glamorous Fusion in 'Denim Beyond Definition' Collection
 

Lee, the iconic denim brand, has launched its latest signature collection for women, titled "Denim Beyond Definition," in collaboration with India’s leading couturier, Suneet Varma. This exclusive collection, a fusion of classic denim with Indian couture, is now available at select Lee stores across India and online.

Headlined by Bollywood sensation Sara Ali Khan, the collection marks a bold departure for Lee, showcasing captivating elements such as gold foil prints, plaid patterns, and metallic riveting. Specially tailored for a youthful audience, the collection features Varma's signature style with embellishments, intricate threadwork, and mirror detailing adorning wardrobe essentials like corsets, bell-bottom jeans, and maxi skirts.

Suneet Varma expressed his excitement about the collaboration, stating, "For me, ‘Denim beyond definition’ has been an exciting journey of pushing the boundaries of denim fashion. It goes beyond the conventional, offering a unique blend of elegance and comfort."

Nitin Chhabra, CEO of ace turtle, the exclusive licensee of Lee in India, commented, "This fusion of denim and Indian couture encourages individuality and is a bold step into the world of fashion and lifestyle."

The collection seamlessly combines the casual comfort of denim with the glamour and sophistication of couture fashion. From statement-making jeans to elegant denim dresses and chic separates, it embodies the perfect fusion of contemporary style and timeless elegance.

Customers can purchase the collection at select Lee stores across India and online at www.lee.in. Lee is also available at leading departmental store chains and online marketplaces such as Amazon, Flipkart, Myntra, and more.

Suneet Varma, renowned for his glamour and timeless style, brings his expertise to this collaboration. His designs, popular among Bollywood stars, exudes fantasy, sophistication, and femininity.

Lee, a brand with over 130 years of craftsmanship, continues to inspire generations with its movement-inspired innovations and superior fit.

 

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[Funding Alert] Salty Bags Rs 5.4 cr from Marquee Investors
[Funding Alert] Salty Bags Rs 5.4 cr from Marquee Investors
 

Salty has successfully raised Rs 5.4 crore in a recent funding round, securing support from marquee investors: Anicut Capital, All in Capital, Suashish Diamonds, JK Group, and other investors.

Founded with a vision to redefine fashion jewelry, Salty has rapidly become a beacon of style, resonating with consumers seeking distinctive and expressive accessories. This recent funding milestone not only highlights the brand's growing popularity but also signifies a new chapter in Salty's journey. The funds will be strategically used to foster team expansion and launch a new product range, as the brand continues its mission to provide high-quality and affordable fashion accessories to consumers.

"We are thrilled to have such experienced consumer space investors as partners. Their support speaks volumes about the potential that is there in this space and we are excited about the opportunities that lie ahead. This is not just a financial milestone; it's a testament to the hard work of our team and the unwavering support of our community. We aim to achieve 40 crore annual revenue run rate in 2024 and expand our design range to include over 3000 products,” said Kanishka Garg, Twishaa Gupta, and Sonaal Goel, Co-Founders of Salty.

We are excited to back Salty's vision of bringing high-quality and affordable accessories to Indian consumers. Salty has shown exceptional efficiency in its one-year journey. We believe that Salty has the potential to become a key player in the e-commerce and jewelry space. We look forward to collaborating closely with the Salty team to achieve their ambitious goals and contribute to their continued success," said Ajay Anand, Partner, Anicut Capital.

Ashish Goenka of the Suashish Group mentioned, "We were impressed by the team and think that this venture is aligned with the emergence of fashion accessories as a category today's generation is in tune with. The team has come up with unique designs which demonstrate that they have a pulse on what younger generations want."

With over a year under its belt, Salty has become one of India's fastest-growing accessories brands, having fulfilled more than one lakh orders. The brand's encouraging history is demonstrated by its approval into the Startup India Seed Fund program and a community of 100K followers on Instagram.

Salty is poised to strategically deploy the raised capital to fuel several key initiatives. These include recruiting for key positions, expanding channels, and fortifying the brand's digital presence with the release of an App, propelling them towards the ambitious milestone of becoming a 100-crore company in the next few years.

 

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Ace Designer Sabyasachi Mukherjee Joins Disney Legacy: Unveils Art for ‘Create 100’
Ace Designer Sabyasachi Mukherjee Joins Disney Legacy: Unveils Art for ‘Create 100’
 

India's foremost fashion designer, Sabyasachi Mukherjee, revealed an art creation, designed to honor the beloved and iconic Mickey Mouse, as an integral contribution to the Create 100 initiative.

Create 100 is a worldwide commemoration of creativity, commemorating a century of Disney storytelling. Motivated by their personal affinity with narratives and characters spanning Disney, Pixar, Marvel, Star Wars, and 20th Century, Create 100 engages a selection of the globe's most distinguished creative visionaries, along with emerging talents across the domains of fashion, music, art, and various others. These individuals are generously contributing artworks, items, and experiences to support the charitable organization Make-A-Wish®.

Sabyasachi is celebrated for his distinctly modern take on traditional Indian clothing. The ace Indian fashion designer from Calcutta is known for his exquisite designer garments, jewelry and merchandise. He joins a collective of some of the world’s most esteemed creative legends who are coming together to benefit Make-A-Wish®.

Namaste Mickey
Sabyasachi Mukherjee

Ace Designer Sabyasachi Mukherjee Joins Disney Legacy: Unveils Art for ‘Create 100’

‘Namaste Mickey’ was conceptualised by Sabyasachi Mukherjee and hand painted by the Sabyasachi Art Foundation. The painting was made using earth colors in Tempera and digitally transferred on to handwoven cotton and embroidered using multi-media techniques. It’s appliqued and collaged with hand embroidered textiles and metal detailing from the ateliers of Sabyasachi. The artwork is framed with embroidered textiles on hard oak wood.

“I was born in 1974, a time devoid of the internet where television was the sole medium of entertainment. I used to eagerly rush home to catch episodes of Disney’s Mickey Mouse and Donald Duck. It fills me with immense excitement to be part of Create 100, representing India alongside so many talented creators. I’m so happy to be collaborating with Disney that has brought boundless joy to audiences worldwide for a century," said Sabyasachi.

Speaking about the inspiration behind his artwork, he added, “My creation, known as 'Namaste Mickey,' draws inspiration from India's rich tapestry of traditional and miniature paintings. Crafted by the Sabyasachi Art Foundation, it begins with a digital print on handmade canvas, then adorned with the age-old, intricate embroidery techniques of India. This has resulted in a contemporary collector's piece. In the artwork, Mickey Mouse dons traditional Indian attire and jewelry, set against the backdrop of the iconic Taj Mahal, surrounded by India's captivating flora and fauna. This rendition weaves together the mystique of both East and West, creating a truly magical interpretation of the most beloved character, Mickey Mouse. As I represent India, I want to take the opportunity to encourage everyone in the creative industry to continue to inspire and be inspired, and be part of positive changes around the world.”

The Create 100 contributions feature everything from musical elements to comic books to recreations of iconic movie props and more from renowned talent such as global icon Beyoncé, famed French fashion designer Christian Louboutin, Italian Global Creative Director for Swarovski Giovanna Engelbert, Chinese virtuoso pianist Lang Lang, American fashion pioneer Tommy Hilfiger and celebrated Brazilian artist Vik Muniz. Global collaborators such as adidas, Pandora and Coach will also be contributing to the celebration.  

Disney100 commemorates The Walt Disney Company’s 100th anniversary through an offering of unparalleled content, experiences, and collections. This once in a lifetime event celebrates the storytellers, fans and families who together spark the wonder and magic of Disney.

 

 

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Retail India News: Nesterra from KK Birla Group Captures Markets With Innovation and Intuitive Marketing
Retail India News: Nesterra from KK Birla Group Captures Markets With Innovation and Intuitive Marketing
 

From textiles to sugar, the KK Birla empire stretches far and wide. Sutlej Textiles has been a force to reckon with in India's cotton yarn industry. A faction of the same and a brand for the young home owners is Nesterra with its offering of new-age fabric.

The core idea for Nesterra has always been incorporating unique personalities of buyers, said Smita Joshi, VP of Home Textiles and Design Expert, Nesterra. "I’d use a trim differently than you would. So, Trims incorporates personal preferences in the curtains category to enhance its appearance," she added. From the most simplistic to highly decorated embroidery, Nesterra shares a wide range of trims that are customisable via retail partners. 

Entering a highly cluttered market, that too in pandemic, was a daunting task for Nesterra, which differentiated it's offerings with lesser number of collections for retailers for ease of brand discovery by customers.  Customers, maintained Joshi, can use multiple ways such as sharing a color scheme, the price range, or even answer a 10-point questionnaire to get to the fabric of their choices. 

"A lot of our competition originate from brands in UK and Europe.  American brands, lesser in number, trends mostly on the casual side. Millennials, well traveled, need a pop of colors and a dash of style but also seek comfort. Nesterra brings in that casual, homelike feeling, as we design for the layers of your personality, and thus focus on emotional intelligence instead of obvious product specifics such as fabric," added Joshi.

Shouldering the responsibility of the KK Birla brand value, Nesterra always comes up with innovative ATL/BTL campaigns to tap into emotions. For instance their recent Raksha Bandhan campaign at Infinity Mall, Malad, held pillow fight contests for siblings that brought participants back to the road down nostalgia. To amp up the excitement, Nesterra kept it as a content also on social media with an attractive contest plan, thus spreading the campaign's reach beyond its headquarters in Mumbai. When it comes to social media, Joshi believes that Instagram is bang for the buck with its healthy reach and profitable arrangements with various influencers depending on at-home demonstrations or product displays by the influencers themselves. 

Beyond Mumbai, the brand has good presence across Ahmedabad in Gujarat, Delhi-NCR, the southern India and Jammu & Kashmir.  Acing the game of local communication for southern states on the own hand and choosing stocking options to duck logistical hurdles in J&K, the brand has nurtured the said markets masterfully. With about 550 mukti-brand retail outlets across the country, Nesterra now aims at the far East.

 

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Retail India News: The Better Collective Creates Earth Ritual, India’s latest Luxury Body Care Brand
Retail India News: The Better Collective Creates Earth Ritual, India’s latest Luxury Body Care Brand
 

Mumbai, 17th July 2023: Strategic brand consultancy, The Better Collective, has created India’s newest luxury bath and body care brand—Earth Ritual—with a mood-based positioning and product bundling GTM strategy. The brand sells 16 SKUs covering body wash, lotion, scrubs, and mists through its e-commerce store and niche premium marketplaces.

"We are delighted to have partnered with Earth Ritual on this transformative journey. We combined thorough market research, strategic customer insights, and creative expertise to unlock the brand's full potential, transforming it completely from a micro-business to a luxury bath and body care brand,” said Radhika Butala, Founder, and CEO of The Better Collective.

 Traditionally, premium brand building has been reserved for facial skincare and beauty brands. As customers evolve and spend more on wellness and personalized products, this approach needs to transfer to bath and body care, which is set to witness tremendous growth in the months to come. The brand will appeal to urban consumers who are seeking joy, energy, balance, and calm in their hectic daily lives, and we are excited to have brought the founder’s vision to life," Butala added.

The Indian personal care and beauty category stands at 18 billion dollars and has witnessed unprecedented growth in recent years, with an expected market size of 25 billion dollars by 2025. The online personal care market already has 80 D2C players. To ensure the brand not only stands out but becomes a category leader, The Better Collective developed a brand strategy that transformed Earth Ritual's positioning, new product development plan, target customer, distribution, pricing, and brand storytelling mechanism. Additionally, the consultancy, which operates in a collective model, reimagined the brand identity, created luxurious packaging, and developed the brand’s e-commerce store in collaboration with design and technology partner Bokaap Design.

"Partnering with The Better Collective has been a game-changer for Earth Ritual. Their strategic guidance and design prowess enabled us to craft a compelling brand and luxurious brand experience for our customers. Every detail of the brand is a conscious, mindful, and unhurried choice, which is in line with our ethos. Together, we have built a brand that is differentiated, evocative, and authentic," said Rutuja Dandekar, Founder of Earth Ritual.

To ensure a successful go-to-market strategy, The Better Collective recommended that product bundling be the brand’s core strategy and advised distribution on niche marketplaces aimed at consumers seeking slow living brands. Omni-channel marketing campaigns focused on brand storytelling have been designed for digital and offline touchpoints, giving consumers every opportunity to try the product and experience the brand.
 

 

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Retail India News: Sonakshi Sinha Unveils Kalyan Jewellers' new Showroom in Patiala
Retail India News: Sonakshi Sinha Unveils Kalyan Jewellers' new Showroom in Patiala
 

Patiala, 15th July 2023: Bollywood actor Sonakshi Sinha stole countless hearts in Patiala at the inauguration of Kalyan Jewellers' latest showroom, the seventh store by the brand across Punjab. The showroom promises a luxurious shopping experience with an ever-expanding array of classic and latest jewellery designs. 

The company has been consistently expanding its brand footprint and operations in the region to support its growth and provide easier access to patrons. Addressing the enthralled crowd, Sonakshi Sinha said, “I am delighted to be part of the launch celebrations in Patiala, a city known for its rich heritage and timeless charm. It gives me immense pride to stand here today as a representative of Kalyan Jewellers – a brand that has consistently revolutionized the jewellery industry in India. The brilliance of the brand’s exquisite jewellery designs lies in their intricate craftsmanship and graceful aesthetics, paying homage to the diverse cultural heritage of India. This magnificent showroom stands as a testament to the brand's unwavering dedication to provide best-in-class shopping experience to its patrons in the region. I am confident that patrons will wholeheartedly embrace and support Kalyan Jewellers.”

Commenting on the new showroom, Mr. Ramesh Kalyanaraman, Executive Director of Kalyan Jewellers, said, “As a company, we have achieved significant milestones and made great strides in creating a holistic ecosystem to enhance the customer shopping experience. We are thrilled to announce the launch of our new showroom in Patiala. As we embark on the next phase of our growth journey, consistently expanding our geographical footprint in the state of Punjab, we are committed to providing a best-in-class shopping experience to our customers while staying true to the company's core values of trust and transparency.”

The newly-launched showroom will feature an extensive range of designs from Kalyan Jewellers' jewellery collections, presented in a world-class ambience. Additionally, the “Kalyan Special Gold Board Rate”, the lowest in the market and standardized across all company showrooms, will be applied, ensuring a seamless and service-backed shopping experience. In celebration of the showroom launch, Kalyan Jewellers is offering a unique promotion of 0% making charges on half the purchase value for customers shopping for a minimum of Rs. 1 lakh. These offers are valid for a limited period only.

All the jewellery retailed at Kalyan Jewellers are BIS hallmarked and undergo multiple purity tests. Patrons will also receive Kalyan Jewellers' 4-Level Assurance Certificate, which guarantees purity, free lifetime maintenance of ornaments, detailed product information, and transparent exchange and buy-back policies. This certification reflects the brand's commitment to offering the very best to its loyal customers.

The showroom will also stock Kalyan's popular house brands, including Muhurat (Wedding Jewellery Line), Mudhra (Handcrafted Antique Jewellery), Nimah (Temple Jewellery), Glo (Dancing Diamonds), Ziah (Solitaire-like Diamond Jewellery), Anokhi (Uncut Diamonds), Apoorva (Diamonds for Special Occasions), Antara (Wedding Diamonds), Hera (Daily Wear Diamonds), Rang (Precious Stones Jewellery), and the recently launched Lila (Coloured Stones and Diamond Jewellery).
 

 

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Bernard Arnault Appoints Daughter Delphine to Run Dior
Bernard Arnault Appoints Daughter Delphine to Run Dior
 

World’s richest man Bernard Arnault appointed his daughter Delphine to run Christian Dior, the second-biggest brand in his LVMH luxury goods empire.

Arnault, currently 73 is the chief executive, chair, and majority shareholder of the group, which owns a band of high-end businesses including Louis Vuitton, Tiffany, Givenchy, Kering, and Moet Hennessy to name a few.

The announcement of the eldest daughter becoming Dior's chief executive and chair came as part of the revamping of the €382 billion (337 billion pounds) conglomerate.

Delphine Arnault, who is the executive vice president of Louis Vuitton and is in charge of its product product-related activities and will take up the new position in February.

An alumnus of the London School of Economics, the 47-year-old joined the family business in 2000 after two years at the management consultancy firm McKinsey. She then joined the LVMH board in 2003 - becoming the first woman and youngest person to serve on it.

"Under Delphine's leadership, the desirability of Louis Vuitton products advanced significantly, enabling the brand to regularly set new sales records. Her keen insights and incomparable experience will be decisive assets in driving the ongoing development of Christian Dior," said Bernard Arnault.

The appointment marks her return to the brand Arnault first worked for in 2001, where she started working on shoes before rising to become a deputy general manager and working directly with Dior's then-creative director, John Galliano.
 

 

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Kapsons Retail Expands Offline Space to 3 Lakh Sqft in 2022
Kapsons Retail Expands Offline Space to 3 Lakh Sqft in 2022
 

When it comes to redefining the online retail space, one may look no further than Kapsons Retail Private Limited; a player backed by the three-decade-long retail legacy of its parent company, Kapsons Group. 

Apart from a wide array of global brands under its umbrella, KRPL’s warehouse operations stand out in 8 cities including Ambala and Mohali with total sq ft. area capacity of 25,000. Entrusted by giants like Amazon, Flipkart, and Myntra, the brand manages their warehouse functioning in Banglore, Kolkata, Gurgaon, Hyderabad, Bilaspur, and Bhiwandi. Today, Kapsons Retail finds its mission in providing the necessary platform to small and medium enterprises to foster their growth in the e-commerce sphere ensuring a 0 percent cancellation rate, 0 percent SLA breach rate, and 0.03 percent order defect rate.

From cataloging to quality checks to inventory management, Kapsons Retail’s robust operations have a proven record in providing solutions to the modern expanding business. And a part of that system, the well-set-up Warehouse, gives KRPL’s portfolio an additional boost that the company proudly stands by. Retail giants, Jain Amar (Madame) and Bestseller are only two of the many that have entrusted Kapsons Retail, whose dedicated Warehouse concepts range from multi-user to in-house, whichever fits the need of the business best. Value-added services and digital solutions like warehouse management and integration systems have helped the company maintain a flawless streak of a 0 percent cancellation rate, 0 percent SLA breach rate, and 0.03 percent order defect rate and it doesn’t stop there.

With a thorough understanding of the trade and the dynamic changes it commands, Kapsons Retail Private Limited stays ahead of the game. The company boasts of one of the biggest Warehouses, spread across an area of over 60,000 sq. ft. Assured quality checks, a robust video-recorded returns process, 24*7 Physical security, CCTV surveillance inside and outside, approx 20 fire extinguishers in every zone, and smoke alarms in every section are only some of the many perks that come along.

While Kapsons Group continues to capture the market at full tilt with 24 stores across 20 cities, steadily emerging as one of the largest retail chains in the North, Kapsons Retail catches up as one of the biggest aggregators pan-India, representing top retail players, international and domestic alike. The company has set its eyes on yielding 3x more as it enters its 11th year in the industry.

 

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Carlyle to Buy a Majority Stake in India's VLCC for $300 mn
Carlyle to Buy a Majority Stake in India's VLCC for $300 mn
 

Private-equity firm Carlyle Group has acquired a majority stake in Indian beauty care and wellness solutions provider VLCC for about $300 million, two sources told Reuters.

The equity for the transaction will come from funds managed and advised by entities affiliated with Carlyle Asia Partners, Carlyle said in a statement, without specifying a deal value.

VLCC's online sales - up from 7 percent of total sales to 22 percent in the past three years - would help the skincare and beauty products brand gain a distinct value proposition, Amit Jain, managing director and co-head of Carlyle India, told Reuters.

Private-equity firm Carlyle Group has acquired a majority stake in Indian beauty care and wellness solutions provider VLCC for about $300 million, two sources told Reuters. The equity for the transaction will come from funds managed and advised by entities affiliated with Carlyle Asia Partners, Carlyle said in a statement, without specifying a deal value.

VLCC's online sales - up from 7 percent of total sales to 22 percent in the past three years - would help the skincare and beauty products brand gain a distinct value proposition, Amit Jain, managing director and co-head of Carlyle India, told Reuters.

"In a crowded market, having a distinct value proposition with high product efficacy and an established brand is very valuable, and that's what VLCC has," Jain added.

Founded in 1989, VLCC has a network of 210 retail "clinics" in 118 cities across 11 countries in South Asia, the Middle East and Africa. Founders Vandana Luthra and Mukesh Luthra will continue to hold a significant stake in the company, Carlyle said, without sharing further details.

India's beauty and personal care industry is expected to grow to $27.5 billion by 2025 from $17.8 billion in 2020, according to estimates by Indian financial services firm Avendus.

In December, the parent of Indian personal care products startup Mamaearth filed for an initial public offering. KPMG India was the adviser to VLCC and its founders.

 

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Celio Appoints Stanton Ambrose as Head of Marketing
Celio Appoints Stanton Ambrose as Head of Marketing
 

French menswear brand Celio has announced the appointment of Stanton Ambrose as its head of marketing. According to the company, Ambrose has a proven track record for delivering innovation and growth to the brands he leads. At Celio India, Ambrose will spearhead the fashion label’s marketing department and overlook key function areas, it further added.

The brand has a strong presence in the country and looks to further strengthen its footprint and engage with Gen Z and millennials whilst increasing market share, Stanton Ambrose, head of marketing, Celio India, said, “I eagerly look forward to learning and growing with the brand and building a community of consumers who resonate with the brand’s ethos,” he added.

Ambrose has over 11 years of experience in brand management, marketing strategy (B2B and B2C), customer experience, and digital marketing in the retail Industry. Additionally, he has held key marketing roles across companies such as Reliance Brands, Bestseller, and Future Group.

 

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Mohey Unveils Latest Campaign #DulhanWaliFeeling with Kiara Advani to Reinforce New-Age Bridal Swag
Mohey Unveils Latest Campaign #DulhanWaliFeeling with Kiara Advani to Reinforce New-Age Bridal Swag
 

Mohey, the bridalwear brand appoints the celebrated actress Kiara Advani as their new brand ambassador with their ongoing campaign #DulhanWaliFeeling.

Kiara is pictured celebrating the new era of a contemporary Indian bride while wearing a gorgeous lehenga from Mohey's most recent bridal collection. She is an epitome of a radiant, confident, self-righteous, and independent modern Indian bride

Reinforcing the new-age bridal swag, Kiara looks confident and joyous on her wedding day. The film depicts the era of a modern-day bride and how weddings are a big day for them. In the film, during her bidaai, Kiara is seen replacing all the gifts she got for her wedding with her most prized possessions. She gets her first doll, her racket that helped her win against her father, her old notebooks, and everything that holds more meaning and memories about her new home. 

With the help of her new husband and father-in-law, Kiara is able to replace all the new gifts that she finds meaningless in front of her old possessions. While leaving in the car her mother asks her why she is taking old items to her new house, to which Kiara joyfully answers “naye ghar ko apna ghar banaane”. The movie shows the cluster of emotions a bride experiences on her special day and how these old items hold a special place in their hearts. They want to carry their memories with them, it's her #DulhanWaliFeeling.

Vedant Modi, CMO, Vedant Fashions Limited said, “Kiara, whilst deeply rooted with her tradition, is also the new age Indian woman that brings out our powerful messaging in the most confident manner. Mohey has been conceptualized for the confident and bold Indian brides who live life to the fullest and we believe the essence of our #DulhanWaliFeeling has been beautifully portrayed by Kiara.

Shreyansh Innovations, Founder, Director of the agency said, “In keeping with the spirit of Mohey, we have yet again celebrated the views of a modern bride. Kiara Advani delivers a message of freedom and choice in a very simple way where she chooses to carry some unexpected things with her as she leaves for her marital home. But these seemingly meaningless things are what hold priceless memories for her. This film shows a modern Mohey bride who decides to carry the love and comfort of her maternal home in her new house.

 

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Lotus Organics Unveils New Campaign with Dia Mirza to Further Win the Trust of Consumers
Lotus Organics Unveils New Campaign with Dia Mirza to Further Win the Trust of Consumers
 

The premium organic beauty brand Lotus Organics + has unleashed a new campaign with the vivacious actress Dia Mirza, for its Precious Brightening range of skincare products. As the brand ambassador for Lotus Organics+, Dia will appear in a new campaign that will run across various platforms. 

The high-voltage campaign revolves around the Lotus Organics+ Precious Brightening Range, with the film primarily focusing on the Precious Brightening Day Crème. Lotus Organics+ is a socially responsible brand with a strong commitment to the environment. It has found synergy with the spirited actress who is the UN Environment’s Goodwill Ambassador for India as well as a champion of the sustainability movement. 

The new campaign glows in its bright visual style with Dia Mirza’s strong presence furthering the message of how the Lotus Organics+ precious brightening range ensures bright and glowing skin. The brand film reinforces the message that Lotus Organics+ is 100 percent certified organic by highlighting the rare white peony flower extracts present in its Precious Brightening Range. In the film, Dia applies the Precious Brightening Day crème emphasizing how she needs something special for her glowing skin. She also highlights how the product is free from preservatives, and artificial fragrances and reduces blemishes and pigmentation. The film concludes by showcasing the entire Lotus Organics+ Precious Brightening range with Dia promoting the brand’s vision to ‘Live Organic’.

Nitin Passi, Chairman, and MD, Lotus Herbals said, “Lotus Organics+ is a brand that uses only 100 percent certified organic actives in its products.  We want our customers to be our ‘eco-responsible partner’ and adopt a sustainable lifestyle. In the new campaign, our Brand Ambassador Dia Mirza highlights the organic ingredients that go in our Precious Brightening Range, the potency of the organic ingredients in achieving skincare goals, and the message to all of our customers to ‘live organic’.

The new campaign from Lotus Organics+ with their gorgeous brand ambassador Dia Mirza will play along with movie blockbusters across multiplexes PAN  India to attract maximum visibility. With an extensive media plan, the campaign will play out on the brand’s social media platforms such as Facebook, Instagram, and YouTube. 

The high-decibel campaign will also be aired on leading OTT platforms including Disney Hotstar where the brand film will be aired during the series ‘Moving in with Malaika’ in which actress Malaika Arora can be seen using Lotus Organics+ products. Through this powerful campaign, Dia will reach out to a youthful audience of millennials, Gen Z, and her large fan base many of whom are deeply concerned about organic beauty products and the environment.

Lotus Organics+ is a conscious and compassionate organic beauty and wellness brand whose products are crafted with 100 percent Certified Organic Actives. All its products are vegetarian, cruelty-free, and made without using parabens, sulfates, or artificial colors and come in packaging made of 100 percent recyclable material, which includes paper boxes, glass bottles, jars, and aluminum tubes.

 

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Surya Brasil Introduces Revamped Made-For-India Henna Hair Care Range
Surya Brasil Introduces Revamped Made-For-India Henna Hair Care Range
 

Surya Brasil, a Brazil-headquartered multinational vegan personal care brand that forayed into India over a year back, has upgraded its product portfolio with the launch of a revamped Henna Cream range, crafted especially for Indian hair and scalp types. A pioneer in the global personal care space, Surya Brasil has engineered a unique line of products – Henna Cream Surya Brasil, Pre-Coloration Shampoo, and Post-Color Conditioner – with enhanced formulation and added value to come up with a natural, unique and easy way to color as well as treat the hair. 

Taking into account the prevalent hair, and scalp woes in the subcontinent, triggered primarily by harsh chemicals, the advanced shampoo is 96.2 percent natural while the conditioner in the pack is 98.8 percent natural. Surya Brasil has also declared that it intends to expand its footprint across the country and is currently on the lookout for exclusive distribution partners at both regional as well as national levels in India.

Clelia Cecilia Angelon, Founder, Surya Brasil said, “Having catered to consumers across all five continents, we are well acquainted with the varied skin and hair care-related requisites of different geographies and ethnicities. Our latest offering, based on Brazilian organic extracts, is created specifically to suit Indian hair and scalp types while ensuring adequate hydration and naturally shiny strands. The special formulation in the Henna Cream and allied products would not only color properly but also provide appropriate moisture. Besides the formulation, the packaging of Henna Cream is also revamped, and it now comes with advanced shampoo and conditioner that makes the color last longer.

She added that the nature-oriented Henna Cream Surya Brasil comprises harmless ingredients such as sugarcane, beetroot, and special butter along with vegetal extracts from Amazonian rainforest and Ayurvedic herbs. Henna Cream Surya Brasil is also void of harsh chemicals or toxins like Ammonia or any of its byproducts – Ethanolamine, Diethanolamine, and Triethanolamine. Notably, the shampoo, consisting majorly of natural ingredients, deeply cleanses the hair without damaging them, yet prepare the strands to receive the color.

Slated to be available on leading online platforms such as Amazon, the all-new Henna Cream Surya Brasil, packed along with the shampoo and conditioner, has been launched at an introductory price of Rs 2320. On the sidelines of the Henna Cream Surya Brasil unveiling, the brand also announced that it would soon introduce a holistic skincare range in India comprising dermo cosmetics and organic products. This comes even as Surya Brasil has within a year swiftly surged as a global market leader in natural and vegan hair care products.

 

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Bata India Launches 3D OOH Billboard, Becomes the First Indian Footwear Brand to Do So
Bata India Launches 3D OOH Billboard, Becomes the First Indian Footwear Brand to Do So
 

Bata India launched 3D OOH Billboard, becoming the first footwear brand in India to disrupt the advertising space with the format. 

The billboard utilizes an anamorphic image content creation format thereby making content appear in 3 dimensions which are visually compelling. Bata has used this innovative technology to highlight the variety of sneakers it offers with the Sneaker Studios launched across 300+ stores across the country.

The first-of-its-kind setup has been installed in Bengaluru. This hyper-realistic billboard is a visual treat for potential consumers and immediately commands attention. The advertising features sneakers from various brands like Power, that’s used for fitness, and NorthStar, the lifestyle sneaker brand from Bata. 

Made to engage with the youth audience, the 3D outdoor seamlessly marries various animations like a moving skateboard, sneakers popping out of a shoe box, and a train of multiple sneakers streaming from the billboard thereby creating a compelling story. 

“At Bata India, we are constantly looking for innovative ways to engage with our audience. We are elated to be one of the first few brands and especially, the first footwear brand in India to bring the disruptive format of 3D OOH advertising. As we offer over 300 sneakers styles from 9 international brands in our new Sneaker Studios, a shop-in-shop destination inside Bata stores, we thought of leveraging the new 3D emerging outdoor media to announce this launch. Consumers can experience Sneaker Studio in their neighborhood Bata stores and get to shop their favorite styles instantly or even order them via home delivery service,” said Anand Narang, VP, Marketing and Customer Experience, Bata India Limited.

Bata India has been integrating technology at every step of the consumer journey. 300+ stores have been renovated this year with new experiential elements like 3D Holographic Unit, Lift & Learn Technology, Digital LED screens, and the in-store radio Bata Jukebox. 

The Sneaker Studio at Bata includes over 300 styles from international brands like Power, NorthStar, Hush Puppies, Bata Red Label, Bata Comfit, Naturalizer, Weinbrenner, and more available in Bata stores and on its website. 
 

 

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Makeup Eraser Launches its Own Website in India
Makeup Eraser Launches its Own Website in India
 

MakeUp Eraser is a leading brand when it comes to a reliable and sustainable solution to get rid of all the makeup particles on the face. A reusable and machine-washable product, it lasts for 3-5 years and effectively cleans your skin without the use of any oil, chemicals, or soap. Eliminating single-use wipes, the brand is dedicated to building a sustainable future. 

MakeUp Eraser, having a presence on the platform, Glow by Tressemart for over 2 years, has now launched its own website.

“The reason for doing so is to give the customers an easy user experience along with detailed information on the brand that is freely accessible. A brand-owned website increases the authenticity and dismisses distractions, keeping a one-dimensional focus on MakeUp Eraser and its quirky and fun variants,” said Sargam Dhawan Bhayana, Director, Tressmart Marketing Private Limited.

He further added, “Being an original and one-of-a-kind sustainable concept, there is a monopoly in the international market for MakeUp Eraser and we are trying to establish the same in the Indian market landscape.” 

An unparalleled skin-care experience, MakeUp Eraser is now dedicated more than ever to offering an effortless and one-step addition to your routine. Hassle-free products designed to uplift women, save time, and help the environment, makes MakeUp Eraser a one-stop solution. 

 

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MyGlamm Launches Serum-Infused ‘Super Serum’ Face Makeup Range
MyGlamm Launches Serum-Infused ‘Super Serum’ Face Makeup Range
 

MyGlamm launched the Super Serum face makeup range, its first-ever serum-infused makeup range for all the ‘Super Women’ out there. The Super Serum face makeup range is multifaceted – with Hyaluronic Acid, it is makeup and a serum.

“We’re elated to announce the launch of our first-ever serum-infused face makeup range. The new MyGlamm Super Serum face makeup range has been created for the multifaceted woman who wants to look glam all day and seeks a multi-purpose product that offers benefits for her skin. Our makeup is rooted in innovation and created with the best skin-friendly ingredients,” said Sukhleen Aneja, CEO, Beauty and FMCG Brands, The Good Glamm Group.

The vegan-friendly and cruelty-free Super Serum face makeup range comprises a BB Cream with SPF 50 PA+++, a Compact, a Concealer, and a Foundation. The range is infused with Hyaluronic Acid, which holds 1000X its weight in water, to retain skin moisture, and add bounce and suppleness, along with antioxidants, that work to protect the skin from damage. The Super Serum range comes in beautiful and bold golden packaging to embody the super women using the products.

MyGlamm’s skin-perfecting serum BB cream with SPF 50 PA+++ UV protection comes in 3 shades. The BB cream is powered by Hyaluronic Acid, which retains skin moisture making it hydrated and supple. It is also infused with Niacinamide serum that helps fade dark spots and antioxidant-rich Kakadu Plum that gives the skin a natural glow. The cream formula provides a non-cakey, natural-looking, radiant finish, which is suitable for all skin types and is priced at Rs 449.

The Super Serum Foundation is a serum-infused, 8 Hour+ long-wear foundation that comes with medium to high buildability, and in 8 different shades. The foundation’s soft-focus complex effortlessly minimizes fine lines to deliver an even, no-shine finish. It is packed with Hyaluronic Acid, which adds moisture to the skin and maintains suppleness. This foundation is also water-resistant with SPF 30 sun protection, and is enriched with Vitamin E to protect the skin from free radical damage is priced at Rs 699.

MyGlamm’s new Super Serum Compact actively hydrates the skin for a radiant, even complexion, and is available in 6 different shades. The compact contains  Hyaluronic Acid, which keeps the skin hydrated, and Vitamin E which acts as an antioxidant and protects the skin from damage. The skin-perfecting compact ensures smooth coverage and evens out skin complexion effortlessly. It provides medium buildable coverage and is priced at Rs 499.

MyGlamm’s serum-infused concealer is available in 5 versatile shades and is enriched with Hyaluronic Acid and Hydra Fit technology for a lightweight and luxurious finish delivering the comfort of a second skin. Its creamy pillow-like texture effortlessly melts onto the skin and helps to camouflage imperfections & blurs blemishes. This formula also has Carica Papaya Extracts that are rich in Vitamin C and antioxidants to protect the skin from free radical damage and is priced at Rs 475.
 

 

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Puma Ropes in Anushka Sharma as Brand Ambassador
Puma Ropes in Anushka Sharma as Brand Ambassador
 

PUMA India has roped in Bollywood actor and entrepreneur Anushka Sharma as its new brand ambassador. The latest association with Anushka comes as part of PUMA’s ongoing commitment to the women’s business in India.

The actor will endorse the brand’s footwear, apparel, and accessories including select collections through myriad activities and brand campaigns throughout the year.

Abhishek Ganguly, MD, PUMA India, and Southeast Asia, said, “We are extremely excited to bring Anushka into the PUMA family. We will be creating unique opportunities with her to deeply engage with our consumers. We are confident that the association will further drive our approach towards fitness and lifestyle in the country and in turn inch us closer to our consumers across cohorts.

PUMA on-boarded Anushka over a fun social media banter in a span of 48 hours. The brand had announced EOSS promotions on its social media featuring file images of the actor in its products. Anushka took to her social media and called out the brand, asking PUMA to use her imagery only after onboarding her as a brand ambassador.

In response, PUMA posted an image of a proposal to make the partnership official. Anushka accepted and sealed the deal at the PUMA’s Linking Road store. To make the announcement public, she hopped into a convertible car with the PUMA cat mascot and drove off flaunting a signage Just Said Yes.

The social media banter between the actor and PUMA India was staged. With this, the actor entered the PUMA family which also includes notable personalities such as Virat Kohli, MC Mary Kom, Kareena Kapoor Khan, Yuvraj Singh, Sunil Chhetri, and recently Harrdy Sandhu.

Anushka Sharma (34) is an award-winning Indian film actor, entrepreneur, and angel investor. She is a yoga enthusiast.

PUMA is a sports brand, designing, develops, sells, and markets footwear, apparel, and accessories. The PUMA Group owns the brands PUMA, Cobra Golf, and Stichd. The company distributes its products in more than 120 countries, employs about 14,000 people worldwide, and is headquartered in Herzogenaurach/Germany.

 

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Les Petits Upgrades Fashion Portfolio, Unveils Collections from Mayoral and Versace
Les Petits Upgrades Fashion Portfolio, Unveils Collections from Mayoral and Versace
 

Les Petits, the luxury fashion brand for kids, has come up with a premium collection from the leading international brands – Mayoral and Versace. With the new Mayoral collection, Les Petits has forayed into a sustainable offering in the Indian market.

By bringing the sustainable Mayoral collection, Les Petits is amping up the luxury kidswear segment with eco-friendly products. It aims to raise the bar with durable, comfortable, and high-quality clothing well complemented by unique designs in line with the latest trends. With this offering, the brand conforms to fashionable clothing that manifests functionality at the same time. It caters to the varied requirements of kids enabling them to comfortably don the attire while accentuating the look with the exclusive fabric underscoring delicate detailing of urban tone.

In recent years, sustainable clothing has been on the virtue of making inroads in the market. This phenomenon has translated into conscious purchasing habits among consumers. Even parents want to give their children the best fashion while making environmentally wise selections for their kids. Being a luxury kidswear brand, Les Petits diversified its collection with sustainable products to cater to the requirements of the parents while doing its bit as a conscious and responsible brand.   

The collection from Versace brings the opportunity to embrace the much-coveted Italian fashion in the most opulent and exuberant form. The premium collection is the depiction of the designer’s extravagant spirit that translates the sleek designs into the finest fashion statement. The striking designs can be a treasure for kids' wardrobes.     

Swati Saraf, President, Les Petits said, “Having set a benchmark by bringing leading international brands in the Indian kidswear market, we consistently want to broaden the scope of the industry. As a lot of conversation is happening around sustainable clothing, we thought of venturing into this terrain as well. Understanding that children are quite sensitive to varied materials, this was a much-needed move to provide them with safe and natural products. And being a responsible brand, this is also a positive step towards a sustainable future with a focus on durable and recyclable products.

 

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Luxurious Personal Care Brand Kimirica Partners with Kiara Advani
Luxurious Personal Care Brand Kimirica Partners with Kiara Advani
 

Kimirica a luxurious personal care brand that curates its products with the finest detail and care has partnered with Bollywood Celebrity Kiara Advani to allow patrons to purchase the products that have captured the celebrity’s heart.
 
Owing to the brand’s presence in numerous luxury hotels and resorts like Leela, Hyatt, Fairmont, Marriott Group, Radisson Group, and many more every 2 seconds, a Kimirica product is used somewhere across the globe. 

With retail stores in over 30 locations in India and a presence in over 25 countries across the globe, making it is easier for customers to experience these luxurious products.

“A few months ago, I was traveling to Mumbai from Hyderabad after a shoot and I came across this beautiful-looking store at the airport that had amazing products and ended up picking up a gift for my mum as she loves bath products and beautifully scented candles. The best part was that everything was 100 percent vegan and cruelty-free. Also, the store was so inviting. Soon after the brand reached out to me and have used the products I was sure this is a brand to watch out for,” stated Kiara Advani.

Kimirica’s focus on creating not just products but luxurious experiences means there’s a story in every bottle. Each collection offers a sensory escape, and with such a wide variety of products and fragrances, there is something for everyone to enjoy. 

The collection has been created with the utmost finesse and attention to detail in their state-of-the-art manufacturing plant like every other product Kimirica has to offer. Kimirica ensures all their products are 100 percent vegan, ethically sourced, and cruelty-free.

“We are pleased to announce our partnership with Kiara Advani. I couldn’t think of a better face to promote our brand. The story of Kimirica, in a true sense, is a Love Story, and I am elated to see that Kiara loves the brand as much as we do. Kimirica is redefining luxury. Our passion is to spread joy through natural, sustainable, luxurious experiences. And our partnership with Kiara aims to create awareness around how self-care is a way to shower yourself with love - something we could all do a little more of,” said Kimi Jain, Founder, Kimirica.

The collaboration between Kimirica and Kiara Advani allows one to get products that have been handpicked and endorsed by the Bollywood icon. Kimirica’s fragrant, soothing and skin-loving products elevate the bath into a luxurious experience. 

 

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Arcelia by Shoppers Stops Launches New Lipstick Range, Expands Its Beauty Portfolio
Arcelia by Shoppers Stops Launches New Lipstick Range, Expands Its Beauty Portfolio
 

Arcelia launched a new range of lipsticks as a part of its expansion into color cosmetics. The Arcelia lipstick range across matte and creamy lines boasts a comprehensive range of 75 shades to suit every skin tone.
 
Arcelia’s recent launch demonstrates the brand’s commitment to cosmetics as it seeks to enter India’s rapidly growing beauty industry. The vitamin-infused lipsticks are available in a variety of colors, including pinks, reds, fuchsias, browns, and nudes to suit all Indian skin tones.

Matte lipsticks are a new rage as they are hyperlight, long-lasting, intensely pigmented, and transfer-proof. The long-wearing Matte lipstick has a plush, color-rich formula. It is enriched with almond oil, Jojoba oil, and Vitamin E that soothes, nourishes, and rejuvenates the lips and is also available in a creamy matte for women who prefer moisturizing textures. 

The Arcelia lipsticks are available in both regular and mini sizes. They offer one-stroke applications and extensive coverage. Customers can select from full matte liquid lipsticks, highly pigmented matte lipsticks, and very comfortable creme lipsticks. 

The new lipstick line is vegan, cruelty, and paraben-free, and without harmful chemicals and preservatives, providing customers with a safe and ethical beauty product.

“Beauty is one of our strategic growth pillars. We created and launched Arcelia to broaden our beauty portfolio with world-class beauty and personal care products. Arcelia is for the modern-day confident woman who owns herself and her victories. With the brand’s visible success, we now expand into lipsticks,” said Biju Kassim, Customer Care Associate and President, Beauty.

This new range highlights our ongoing product development efforts to create a portfolio of products you will appreciate. We are confident that both brand loyalists and new customers will enjoy this new collection.

The range will also witness the launch of eye pencils and eyeliners in the coming months, the new range of lipsticks is priced onwards of Rs 245   
 

 

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Colorbar Introduces Skincare Serums
Colorbar Introduces Skincare Serums
 

Colorbar, a leading cosmetic brand launched its first-ever range of serums, for plump, youthful, and glowing skin. The formulas contain skin actives that revitalize dull skin and blur worry lines, dark spots, and pores.

The range includes eight power-packed variants catering to a wide range of skin concerns. Each is cruelty-free and free from irritants such as essential oils, drying alcohol, silicone, chemical screens, fragrances/dyes, and SLS.

“Colorbar has been redefining the beauty space in India with products and services that stand out and never fail to wow. The pandemic was a great disruptor for the skincare industry with a multitude of content everywhere that educated the consumers on the benefits of skin science,” said Samir Kumaar Modi, Managing Director, Founder, Colorbar Cosmetics.

He further added, “We believe in the magic of a daily skincare routine! It promotes self-love, happiness, and confidence. The new Serums are here to cater to individual concerns with formulas created in the best of facilities, with ingredients that are tried, tested and successful.”

The new range starts from Rs 599 and offers the following benefits:

  • Hydrates skin and restores natural radiance  
  • Boosts collagen production for glowing skin  
  • Reduces blemishes, fine lines, and wrinkles 
  • Fights signs of aging 
  • Promotes a soft, supple, and youthful skin 
  • Improves overall skin health 
  • Unclogs and clears pores 
  • Prevents future breakouts 
  • Takes care of acne, dullness, and damage  

Colorbar forayed into the beauty industry looking for creative formulas to bring an unparalleled experience to its consumers. The brand follows the belief of - change being the only constant, and ensures that it leads with quality every step of the way. With the essence of gender neutrality and inclusivity at its heart, Colorbar envisions a world full of beauty and originality.

The brand holds a strong geographical footprint in the country with over 100 exclusive stores, more than 1,300 multi-brand outlets, and partner chains like Shoppers Stop, Lifestyle, New U, and Pantaloons and is also available on its own website while partnering with websites such as Nykaa, Amazon, Myntra, Purplle, Flipkart and more.

 

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Sudeep Nagar Elavated as the Co-Founder of BlueStone
Sudeep Nagar Elavated as the Co-Founder of BlueStone
 

Jewelry brand BlueStone has elevated Sudeep Nagar, the chief operating officer as its co-founder. Nagar will be joining Gaurav Singh Kushwaha, BlueStone’s CEO as the omnichannel brand’s second co-founder.

An alumnus of IIM Ahmedabad, Sudeep joined BlueStone in December 2012, with extensive experience in software and luxury real estate and has been instrumental in making BlueStone a vertically and digitally integrated organization.

Initiatives under his leadership have strongly impacted the business - curtailing critical wastage, improving speed to delivery, and maintaining lean operations overall. According to the company, with his elevation to co-founder, Sudeep will continue to leverage the brand's proprietary technology ecosystem to ensure consumers have a seamless experience across the brand's various touchpoints like the D2C website, app, and stores, from design to delivery.

“It is no coincidence that Sudeep's elevation to co-founder comes just as he marks a decade of building BlueStone. In these ten years, his initiatives have impacted all possible functions like marketing, retail, sales, logistics, accounts and more. I can't think of a better person to share the mantle of co-founder,” commented Gaurav Singh Kushwaha, Co-Founder and CEO, Bluestone.

BlueStone was founded in Bangalore in 2011 and claims to have over 140 retail stores across 38 Indian cities. The company asserted that it has crafted over 8,700 contemporary creations across more than 100 collections.

 

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Cover Story Expands Product Portfolio, Launches AW’22 Collection
Cover Story Expands Product Portfolio, Launches AW’22 Collection
 

As post-pandemic restrictions begin to ease, there is a reignited enthusiasm for dressing up and going out. The party revival is a mix of sensuality and nostalgia coming together to give a fresh take on the party for Cover Story this season. Introducing Cover Story’s all-new AW 2022 collection.

This party season, the Cover Story BFFs are here to show you that there’s so much more between poles apart. One is all sexy charm and the other is dark seduction. From night to day and pink to pastel, as different as they seem, together, they’re a fashion riot. Wear your difference this party season and make a statement.

Taking inspiration from international catwalks and street style trends, Cover Story is focusing on 3 major party trends this season. Modern Goth provides a more mature and sophisticated direction with black-on-black, velvet, and leather structured pieces. In stark contrast, the trend for the 90s and 2000s nostalgia shows no sign of slowing down. Hyper pink and co-ord sets are key with corset styling at the forefront. A pretty romantic trend with lingerie detailing and pretty floral jacquards give a more feminine look.  

This party season is all about fabrics and details. Consisting of rich velvets in solid colors and velvet floral burnouts, sequins, leather, and bright satins. For a sorter and more feminine look, Cover Story has floral jacquards and spot meshes. Taking the key trends for the season but adapting them in a commercial way, which is suitable for every consumer.

By having a pretty feminine, sophisticated and elegant, and striking bright range, Cover Story is offering a piece of the trend for every type of customer and occasion.

 

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Archies Re-launches Fragrant Range ‘Parfum’ for Men and Women
Archies Re-launches Fragrant Range ‘Parfum’ for Men and Women
 

Archies, the forerunners in the social expression industry relaunched its most popular fragrant range ‘Parfum’ for both men and women. Archies Parfum is a premium and luxurious range of perfumes and deodorants curated in Turkey– all are packed with the goodness of essential oils to enhance a customer’s personality and complement their on-the-go lifestyle.

The Parfum range comprises Zeroone, Dream Boy, and Boyz Parfum, catering to the male segment along with Zeroone, Dream Gals, and Girlz Parfum for the female segment. The deodorant range comprises Zeroone Original, Dream Boys, and Boyz Deo catering to the male segment along with Zeroone Original, Dream Girls, and Gals Parfum for the female segment. 

UXR Original Parfum, Ghost Original Parfum and Zeroone Original Black Diamond range of exotic Perfumes and deodorants have been launched for the unisex range. The re-launched range of perfumes will be available in an all-new packaging of 100 ml at Rs 599 only, at the Archies online website.

Varun Moolchandani, Executive Director, Archies, said, “We are thrilled to re-introduce our most fragrant range Parfum and Deodorants for the consumers today. As a gifting brand, we love to introduce diversified products for end users. There has also been a major shift in the usage of gifting products from special occasions to everyday use. Therefore, we decided to focus on Perfumes and deodorants in our cosmetic range. We are also adding multiple new things to our online & retail stores so that we continue to retain the excitement for our customers.” 

Along with independent perfumes and deodorants, Archies has also launched a gifting range for customers that comprises both perfumes and deodorants together priced at Rs 849. The products can be purchased at the Archies online website and their retail stores.

 

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[Funding Alert] RENEE Cosmetics Raises $25 mn in Series B Fundraise at a $100 mn Valuation
[Funding Alert] RENEE Cosmetics Raises $25 mn in Series B Fundraise at a $100 mn Valuation
 

RENÉE Cosmetics raised $25 million in a Series B funding round led by Evolvence India, with Edelweiss Group and existing investors Equanimity and 9Unicorns, through a deal facilitated with the support of Spark Financial Holdings.

The said amount has been raised towards building on the brand’s mission of making RENÉE Cosmetics a globally recognized Indian beauty brand. This also leads to creating a $100 million valuation for the brand within two years of its operations; this is inclusive of a total of $35 million across three rounds of funding.

The Series B funding will further enhance RENÉE’s continued Indian and international growth by allowing the company to develop more products, and marketing initiatives and grow its team; RENÉE has already proven to be one of the fastest beauty brands to breach the Rs 100 crore ARR mark in revenue, and the brand aims to grow 100 percent quarter by quarter.

“With RENÉE, our goal has always been to create a quality brand with innovative products that would change the perception towards using beauty products. We want to inspire our consumer’s creative side and help them celebrate their beauty through RENÉE. What Aashka, Priyank, and I have learned in the last over two years is that it is less about creating a brand that is simple to use, that is just the table stake, but more about redefining beauty in a way that consumers are open to embracing it. With this round, our priority is to extend our product portfolio to give our consumers the comfort to be at ease with being themselves,” said Ashutosh Valani, Co-Founder and Director, RENÉE.

“With our upcoming product portfolio, we want to unveil everyone's innate layer of beauty. We want RENÉE to be a part of every individual's journey towards loving themselves more and celebrating their beauty,” commented Aashka Goradia Goble, Co-Founder, and Director, RENÉE.

Priyank Shah, Co-Founder, and Director, RENÉE, concluded, “We want to extend and strengthen our presence more in-depth and steer RENÉE towards becoming a globally recognized Indian makeup brand that is relatable and accessible to all irrespective of the geographical location.”

Furthermore, Abhishek Chandra, Managing Director and Ajit Kumar, Managing Partner at Evolvence India, said, “RENÉE’s relentless focus on brand, omnichannel distribution, and product gives the company an edge for it becoming a disruptive force in the beauty landscape in India. We are excited to partner with Ashutosh, Priyank, and Aashka, all of them who come with a deep experience in this space, to accelerate the company’s already impressive growth trajectory.”

Ashish Agarwal, Managing Partner, Edelweiss Group, further added, "We are thrilled to partner with RENÉE Cosmetics. Their products have path-breaking packaging-form innovation that delivers convenience and quality. Under the leadership of Ashutosh, Priyank, and Aashka, RENÉE is well-positioned to become a leading cosmetics brand."

RENÉE Cosmetics today has over 200 products in its beauty and perfume divisions portfolio which are available on the brand’s website and across major e-commerce platforms such as Amazon, Flipkart, Nykaa, and Myntra, with several others, and also 650+ shop-in-shop stores across the country; additionally, they also have an online beta presence in the US, UAE, and Australia.

 

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Aditya Birla Group’s ‘House of Brands’ Venture TMRW Partners with 8 Digital-First Brands
Aditya Birla Group’s ‘House of Brands’ Venture TMRW Partners with 8 Digital-First Brands
 

TMRW, an Aditya Birla Group venture, announced a partnership with 8 digital-first lifestyle brands. These partnerships with the new-age founders have been struck within a few months of the launch of the venture. TMRW is on a path to creating a leading technology-led Digital First ‘House of Brands’ business over the next several years. With these 8 brands on board, TMRW has achieved a revenue run-rate of Rs 700 crore+ and is on a path to cross an annual revenue rate of Rs 1,500 crore+ in the next 12 months.

The investment in these 8 D2C brands establishes a strong foundation with a diversified portfolio across several fashion sub-categories. With this portfolio, TMRW has established a presence across a broad spectrum of apparel segments ranging from Casual Wear, Kid’s Wear to Western Wear. The plan is to expand in related Lifestyle categories including Beauty and Personal Care. TMRW’s vision is to partner with new-age founders by bringing in strategic, operational, and technological capabilities in addition to growth capital. With synergistic investments that will power multiple brands, TMRW will enable blitz scaling and brand building. 

Ashish Dikshit, MD, Aditya Birla Fashion and Retail Ltd, said, “ABFRL has a distinctive heritage of building marquee Fashion and Lifestyle brands. By tapping into ABFRL’s fashion capabilities and category expertise, TMRW is on the path to replicate the success in the Digital First space by building the next generation of memorable brands that will drive India’s E-Commerce growth.

Prashanth Aluru, CEO and Co-founder, TMRW, said, “We are excited about partnering with these amazing entrepreneurs that are disrupting multiple Lifestyle categories. With our investment and deep value-addition, we are confident in scaling existing leading brands to become category leaders as well as be the category creators in several emerging categories. We will also leverage our deep partnerships within the E-Commerce and D2C ecosystem to be a force multiplier in the brand’s growth journey.

 

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Gargee Designer’s Expands Product Portfolio, Unveils Clothing Collection Ekaa
Gargee Designer’s Expands Product Portfolio, Unveils Clothing Collection Ekaa
 

This Wedding-Festive season, Gargee Designer’s is presenting 'Ekaa', a curation of unique and versatile traditional pieces with a touch of modernity to celebrate the spirit of togetherness and joy. A small endeavor to carve the mesmeric moments of the tantalizing wedding of pure souls with the promise of eternal love that never fades away. Gargee Designer’s- leaders in dressing Indian masculinity with the blended flavors of conventional and contemporary for every special occasion of very existence.

The brand's latest collection - Ekaa features flowy and fusion garments crafted in the finest material and threadwork to capture the heart of a man who wants to make a statement. The collection includes sherwani, Bundi sets, Bandhgala, Kurta sets, Indo western, and tuxedos with unique enchanting thread work, embroideries, and mirror work. 

Ekaa is a curation of unique and versatile traditional pieces with a touch of modernity to celebrate the spirit of togetherness and joy. The newly launched collection is synonymous with the brand's continuous strides in high-quality, innovative, futuristic Indian-wear designs.

The brand invites the groom and his team of best men to relish royal craftsmanship for the wedding festivities. Gargee Designer’s have been compassionately working for decades to consistently fill the gap for men's traditional and celebrations clothing. 

Ravi, Director, Gargee Designer’s said, "Occasions are not just mere rituals that we follow but a celebration of love and bonds which keep us together till eternity. Gargee Designer’s philosophy is about being rooted in our culture and heritage, all with the comfort that a modern man seeks. Our new collection, Ekaa, aims to spread the idealogy of experiencing the culture with comfort in style."

 

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Gucci’s Creative Director Alessandro Michele Steps Down
Gucci’s Creative Director Alessandro Michele Steps Down
 

Alessandro Michele, the creative director who turned Gucci into a hit brand with younger generations, is leaving the Italian label.

Kering SA, which owns the brand, announced Michele is stepping down in a statement Wednesday. Gucci’s design office will oversee the label’s direction until a new creative organization will be announced, the company said. 

There are times when paths part ways because of the different perspectives each one of us may have,” Michele said in the statement. “Today an extraordinary journey ends for me, lasting more than twenty years, within a company to which I have tirelessly dedicated all my love and creative passion.” 

Michele, 49, helped turn the Florence, Italy-based brand into a fashion behemoth that neared €10 billion ($10.3 billion) in sales in 2021, up from about €3.5 billion in the year before he took over creative leadership at the start of 2015. Gucci is Kering’s biggest brand and main profit contributor, generating three-fourths of its recurring operating income last year.

Michele’s fashions, recognizable for their flamboyant, bohemian-chic designs, have been worn by celebrities such as Jared Leto, Harry Styles, and Florence Welch. Under him, Gucci also engaged in collaborations with other brands and companies, notably Adidas AG and North Face Inc.

Despite some progress, however, Gucci’s growth has lagged behind rival brands such as fellow Kering label Yves Saint Laurent since the lifting of most Covid-19 restrictions.

The brand is particularly exposed to China, which has been slower to loosen pandemic rules because of its Covid-zero approach. Earlier this year, Gucci named a former Tiffany and Co. executive, Laurent Cathala, to head the fashion unit in China and Hong Kong. Kering Chief Financial Officer Jean-Marc Duplaix told investors last month that Cathala may not be able to change performance overnight, and that the goal to boost sales there was long-term.

Michele slowed the pace of creation when the pandemic struck, putting out fewer collections and fewer fresh designs. The brand plans to return to six collections next year, Duplaix said last month. Kering shares closed 0.6 percent higher in Paris Wednesday following news of Michele’s exit, which was first reported by WWD.

It may well be time for a change,” RBC Europe Ltd. analyst Piral Dadhania wrote in a note to clients. The role at Gucci requires a designer willing to focus on the archives of the brand and rebuild its heritage, he added. 

Gucci was founded in Florence in 1921 as a maker of luggage and other leather goods, and over the next several decades expanded in Italy, Europe, and the US. In 1999, Pinault Printemps Redoute, as Kering was formerly known, bought a 42 percent stake and later took it over completely. The acquisition of the Italian brand heightened the rivalry between Francois Pinault, the founder of Kering, and French luxury mogul Bernard Arnault, founder of LVMH.

Michele’s departure follows the surprise exit of Daniel Lee a year ago from Bottega Veneta, another Kering brand. Lee left for undisclosed reasons after a successful run, and recently joined Burberry Group Plc, where he’s scheduled to unveil his first rainwear collection in January.

Earlier this month, Estee Lauder Inc. announced the purchase of Tom Ford’s beauty line, a business Kering had also considered as the group seeks to expand its cosmetics and fragrance offerings, people familiar with the matter told Bloomberg News.

Separately, Balenciaga, another Kering label, was forced to apologize Tuesday after a campaign drew accusations the brand headed by creative designer Demna tried to sexualize children in ads. Balenciaga subsequently withdrew the controversial ads.

 

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Aditya Birla Group Partners with Galeries Lafayette, Open Luxury Department Store
Aditya Birla Group Partners with Galeries Lafayette, Open Luxury Department Store
 

Aditya Birla Fashion and Retail Limited (ABFRL) enters into a strategic partnership with Galeries Lafayette, renowned globally for its flagship location at Boulevard Haussmann in Paris, to open luxury department stores and a dedicated e-commerce platform in India. The flagship stores in Mumbai and Delhi will bring more than 200 luxury and designer brands under one roof. 

The 90,000 square feet flagship store in Mumbai is expected to be operational by 2024. It will be housed across two historic buildings that recently heralded their century at the heritage precinct of Fort, the leading commercial and cultural hub of the city. The building is currently being designed by the architectural firm Virgile and Partners, which has worked extensively on storied department stores globally. Pike Preston is the advisor on record for this collaboration.

The 65,000 square feet store in Delhi, expected to be operational in 2025, will be at DLF Emporio, one of India’s largest luxury malls. Galeries Lafayette, Delhi will complement the current offering at the mall with a set of young, exciting designer brands across multiple categories.

Ashish Dikshit, MD, Aditya Birla Fashion and Retail Limited said, “This is a coming-of-age moment for Indian luxury. India is now home to a generation of young and affluent consumers with global exposure, who are willing to spend on the finer things in life. This is visible in the boom and dynamism of the luxury market. The partnership with Galeries Lafayette is a ringing endorsement of India’s significance as a global luxury market and a future engine of growth for luxury brands. Aditya Birla Fashion and Retail’s deep and nuanced understanding of the Indian landscape on the back of our portfolio of designer brands, combined with Galeries Lafayette’s global experience, will enable us to create a world-class destination for Indian consumers and global luxury brands.

Nicolas Houzé, CEO, Galeries Lafayette, and BHV Marais said, “We are proud to expand our international footprint in such a prestigious and refined market as India, where we believe our brand can benefit from a strong potential. It is also a new illustration of our ambition to reach 20 stores abroad, with a primary focus on China, Asia, and the Middle East by 2025.  We are very pleased to be working with Aditya Birla Group on this project, with whom we share the same values and vision on retail, and are convinced that they are the right partner to enable us to meet the expectations of Indian customers.

Galeries Lafayette’s experience-focused design and proposition around entertainment, technology, and engagement will be brought to life through installations, pop-ups, innovative events, and food and beverage explorations. Backed by personal stylists and Omni-channel-enabled connected shopping, the stores will provide a 360-degree retail experience that speaks directly to customers’ needs. 

 

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Lux Cozi Boyz Introduces New Products, Expands its Range
Lux Cozi Boyz Introduces New Products, Expands its Range
 

Lux Industries Limited announced the expansion of its kids’ innerwear range, Lux Cozi Boyz with new products and styles. The Indian market for kids’ innerwear range is worth Rs 2,000 crore and is expected to expand at a CAGR of 9-10 percent.

“The kids’ innerwear segment in India expanded the most as compared to the overall clothing industry in 2021. This segment is still dominated largely by unorganized players and the branded segment is still at a nascent stage which provides organized players to establish a firm foothold. Lux Industries has been one of the leading brands in the kids’ innerwear segment for boys and with this further expansion of our range, we hope to dominate the market and meet the growing demands of our consumers” said Saket Todi, Executive Director, Lux industries.

The new array of products will include white, color, and sports vests, semi-long and long drawers available in plain and various prints, interlock drawers and briefs available in plain, print, and stripe patterns, and both designs, i.e, inner and outer elastic.

The garments are mostly made of premium combed cotton making them extremely comfortable to wear and suitable for the Indian climate. Every Lux Cozi product, especially the kids’ innerwear range, is crafted to ensure the perfect balance of snug comfort and effortless style.

The products are made with quality sewing thread used for adjustment of stretch so that kids can play and move around without any discomfort. The price of the products will range between Rs 50-90 and the products will be available at over 45,000 retail stores across the country, Cozy World, an EBO strategic initiative from Lux showcasing all brands from the House of Lux and leading e-commerce platforms like Amazon, Flipkart, and Myntra.

Lux Industries has always been proactive in adopting newer methods of production developing innovative products and targeting the right audience through first-of-its-kind branding and promotional activities. Its customer-centric approach has helped the brand to expand its visibility and created strong brand equity for the entire brand portfolio across 47 countries. With a strong assortment of 15 brands offering mass, mid-premium, and premium products across demographics, it has helped the brand outperform the market and generate a pricing premium.

 

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Trent Witnesses Dip in Net Profit, Reaches Rs 2,022.66 cr in Q2
Trent Witnesses Dip in Net Profit, Reaches Rs 2,022.66 cr in Q2
 

Trent Ltd a part of Tata Company witnessed a drop in net profit marginally to Rs 78.94 crore in Q2 FY23 in comparison to a profit of Rs 79.99 crore in the same period last year. Trent’s total income rose to Rs 2,022.66 crore in Q2FY23 in comparison to Rs 1,225.52 crore for the corresponding period last year.

On a standalone basis, the company’s net profit increased to Rs 185.85 crore in Q2 FY23 as compared to Rs 125.62 crore in the same period in the last fiscal. A significant rise in expenses was witnessed at Rs 1,899.49 crore (Rs 1,116.57 crore).

On a consolidated basis, revenues at Rs 1,952 crore, grew 66 percent over Q2FY22 and 128 percent over Q2FY20. Profit after tax (attributable to equity shareholders) was at Rs 93 crore for Q2FY23.

Trent Ltd operates Westside, Zudio, Trent Hypermarket, Star banner, and Landmark stores.

“Our fashion concepts have once again displayed encouraging growth momentum in Q2FY23. We have been a company that makes strategic bets/ business model choices that in many cases involve standing away from the predominant and proximate market practices of the time. Completely own branded offerings, entirely direct-to-consumer reach, not discounting in season and not advertising are all cases in point,” said Noel N Tata, Chairman, Trent Limited.

Offline Growth

Westside registered an LFL growth of 20 percent in Q2FY20. At Westside, Trent continues to focus on the curation of the store portfolio to achieve an elevated brand experience even as it pursues its store expansion and improvement program.

Across Westside and Zudio, Trent has over 500 stores. Moreover, across concepts, the performance of new stores added in the last 12 months is encouraging and in line with its expectations, the performance giving Trent a reason to double down on the growth agenda over the medium term.

Online Growth

Online revenues through Westside.com and Tata platforms contributed over 6 percent of Westside revenues, registering a 32 percent growth in Q2FY23 over the corresponding quarter.

The brand stated it continues to invest significantly in resetting the technology stack across the entire value chain to make it commensurate with the growing scale and the growth agenda.

“We continue to expand our reach with vigor and reinforce our lifestyle offerings across concepts, categories, and channels. The growing acceptance of our brands demonstrates the attractiveness of our platform and the tremendous potential to address opportunities that lie ahead,” Tata added.

 

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A|X Armani Exchange Unveils Winter Collection YOU.ME.US
A|X Armani Exchange Unveils Winter Collection YOU.ME.US
 

Luxe brand Armani Exchange has seamlessly positioned itself as the most accessible Armani brand and is the full embodiment of urban spirit and street style chic. 

Staying true to the brand’s youthful, offbeat and young spirit, the Fall Winter 22 YOU.ME.US collection is both democratic, inclusive, and most importantly universal. There is no better way to express oneself than through the clothes we wear. At Armani Exchange, everyone can wear the Armani Dream. This collection is an ode to genderless garments that is for everyone without any distinctions because everyone is important.

The A|X Armani Exchange DLF Mall of India, Noida flagship store is characterized by its minimalistic design. The store sprawls over 147.30 sq ft and is both vibrant yet modern, striking passers-by with its corner façade and two large windows adorned with the illuminated letters A and X.  A black LED screen runs around the upper perimeter of the store displaying graphic information and logos that add a cool quotient to the entire store.

The capsule carries statement garments that define the essentiality and contemporaneity of a ‘post-pandemic style’ emphasizing quality and sustainability. Every silhouette has been designed to elevate functionality and style across all genders, embracing fashion freedom and expression- where everyone can feel their absolute best while wearing the products. The elevated collection uses qualitative and sustainable fabrics like Premium Recycled Nylon, Organic Denim, Viscose, and sustainable Wool mix with distinctive and special squared patch A|X logos and big A|X logo graphics for jersey clothing. 

The collection's edgy and playful ensembles answer every fashion need effortlessly allowing everyone to have fun with the styles and fabrics. The apparel is laden with a special foil print that creates a shiny design and plays around with graphics hitting the right note with millennials. 

The capsule also uses Recycled Nylon and has created a Reversible Padded Windbreaker, a large part of this fabric.YOU.ME.US doesn’t just stop at clothing. The brand inspired by the iconic Paris Cup Sole has created a sneaker that boasts new calfskin leather characterized by a black tab complete with a 3-D effect logo branding applied with metallic gold color. Look out for the Pool Slide which has been reinterpreted and updated with 3-D branding featuring matte gold details.

Shop these exciting ensembles now at the flagship store in the DLF Mall of India, Noida. The brand is also opening a flagship store at the Infinity Mall, Malad Mumbai.

 

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Page Industries Profit Marginally Up to Rs 162 cr
Page Industries Profit Marginally Up to Rs 162 cr
 

Apparel manufacturer Page Industries Ltd reported a marginal increase in its net profit at Rs 162.12 crore in the second quarter that ended September 2022. The company had posted a net profit of Rs 160.48 crore during the July-September period a year ago, Page Industries Ltd (PIL) said in a BSE filing.

Its revenue from operations during the quarter under review was at Rs 1,255.01 crore, up 15.77 percent. PIL's revenue from operations in the July-September quarter of FY22 stood at Rs 1,084.01 crore. Its total expenses in the September quarter were at Rs 1,045.14 crore, up 19.5 percent.

V S Ganesh, MD said, "We are pleased to report that historically, this has been the best Q2 for the company in terms of revenue. We are well in line with our guidance of delivering robust growth on the back of strong levers such as an increased shift in organized retail, increased branded innerwear demand, and growing aspirations for global brands.

Meanwhile, in a separate filing, PIL said its board at its meeting held on Thursday has declared a second interim dividend of Rs 70 per equity share for FY23.

Page Industries is the exclusive licensee of Jockey International Inc (USA) for manufacturing, distribution, and marketing in India, Sri Lanka, Bangladesh, Nepal, Oman, Qatar, Maldives, Bhutan, and the UAE. It is also the exclusive licensee of Speedo International for the Indian market.

 

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Kalyan Jewellers India Ltd Recorded PAT of Rs 106 cr
Kalyan Jewellers India Ltd Recorded PAT of Rs 106 cr
 

The recently concluded quarter has been yet another positive one for Kalyan Jewellers India Limited. The company recorded consolidated revenue of Rs 3,473 crore for Q2FY23 as against Rs 2,889 crore in the corresponding quarter of the previous year, a growth of 20 percent.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) were recorded at Rs 266 crore compared to Rs 228 crore in the same quarter of the previous year, a 17 percent growth. Consolidated PAT for the quarter was at Rs 106 crore as against a PAT of Rs 69 crore for the same period of the previous year, a growth of 54 percent. 

The consolidated revenue of the company for the first half (H1FY23) was Rs 6,806 crore, compared to the consolidated revenue of Rs 4,525 crore for the same period during the previous financial year, a 50 percent growth. The company recorded Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) of Rs 530 crore for the first half compared to Rs 297 crore in the same period of the last financial year, recording a growth of 79 percent. Consolidated PAT for H1FY23 was Rs 214 crore as against a PAT of Rs 17 crore in H1FY22. 

Riding on strong demand recovery, the standalone revenue of the Company (India) for Q2FY23 was at Rs 2,841 crore, as against Rs 2,503 crore in Q2 of the previous year. 

The India operations recorded Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of Rs 222 crore for the quarter, compared to Rs 201 crore in the same quarter of the previous year. The standalone PAT (India) for the quarter was Rs 95 crore compared to a PAT of Rs 68 crore in the corresponding quarter of the previous financial year. 

The e-commerce division, Candere, recorded a revenue of Rs 37 crore for the quarter versus Rs 32 crore in the corresponding quarter of the previous year. The quarter recorded a loss of Rs 3 crores as against a profit of Rs 54 lakh for the corresponding quarter of the previous year. 

In the Middle East, total revenue from operations during Q2FY23 was at Rs 601 crore as against Rs 360 crore in Q2 of the previous year.

The Middle East region contributed approximately 17 percent to the overall consolidated revenue of the Company. The Middle East operations recorded Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of Rs 47 crore for the quarter compared to Rs 26 crore in the same quarter of the previous year. PAT for the quarter was at Rs 14 crore compared to a PAT of Rs 35 lakh in the corresponding quarter of the previous year. 

Retail expansion of the brand continued in the recently concluded quarter, with the launch of 5 new showrooms – all in the non-South markets in India. This includes the launch of the first physical experience center of its e-commerce platform - Candere. As of September 30, 2022, Kalyan Jewellers' store network across India and the Middle East stood at 163. 

Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India Limited said, “We are satisfied with the performance during the recently concluded quarter and are extremely excited with the way the current quarter has started despite last year’s high base. We have witnessed revenue growth of approximately 25 percent for the festive period of 31 days approaching Diwali, when compared to the same period last year, and are looking forward to a strong end to the quarter.

 

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Baozun Acquires Gap Greater China for $40 mn
Baozun Acquires Gap Greater China for $40 mn
 

Baozun Inc., an e-commerce solution provider and digital commerce enabler in China announced it has signed definitive agreements to acquire Gap Greater China. The acquisition is said to be an all-cash transaction with a primary consideration worth $40 million and is subject to the satisfaction of customary closing conditions and regulatory approval.

Gap Greater China is wholly owned by Gap Inc., one of the largest American specialty apparel companies offering comfort-casual wear, accessories, and personal care products for men, women, and children.

Gap Greater China has achieved vigorous expansion since its first China store in 2010, amassing broad brand awareness with close to 30 million loyalty members in the region.

Since December 2018, the company has served Gap Greater China as its e-commerce service partner and successfully enabled it to expand its e-commerce business, delivering solid growth.

As a part of its strategic plan to drive sustainable growth, Baozun has established Baozun Brand Management (BBM) as a new business line that intends to leverage its dominant portfolio of technologies at the service of brands, to engage in longer and deeper relationships with brands. The substantial size and scope of Gap Greater China make this acquisition a significant step in developing BBM.

Baozun believes that the combination of its China-for-China strategy and technology and data-driven approach in product and consumer operations will empower Gap Greater China for sustainable future growth.

“This acquisition accelerates our evolution into a technology-driven, omnichannel commerce player. Technology is at the center of our strategy, and it is our competitive advantage. With Gap’s brand equity and significant size in Greater China, BBM will start at a higher point to bridge the digital commerce/ brick-and-mortar divide at scale and do what few have done in retail,” said Vincent Qiu, Chairman and Chief Executive Officer, Baozun.

“Baozun Brand Management is a strategic addition that naturally flows from existing core e-commerce services business. We aim to leverage our leading technology portfolio and develop into a holistic, all-rounded partner for global brands to further unlock business potential in China. Meanwhile, we will also accelerate the establishment of our retail talent pool, supply chain capabilities, and IT systems to build an ecosystem and better serve our other brand partners,he further added.

“We are deeply committed to our customers in Greater China and know that it is a market with enormous potential for our brand. The growth that we are unlocking through local partnerships with market experts like Baozun is allowing us to not only connect with new and existing customers but to provide them with personalized, service-oriented experiences. With its best-in-class omnichannel technology and deep expertise in data management and digital business, Baozun has helped drive impressive results in our online growth and penetration of the Greater China market in the past four years, and we feel confident about our partner’s future value-creating China-for-China plans for Gap Greater China,” commented Mark Breitbard, President and CEO, Gap.

 

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Marks and Spencer Has No Plans To Foray into Food Biz in India
Marks and Spencer Has No Plans To Foray into Food Biz in India
 

The Indian arm of the British multinational retailer Marks and Spencer said that it has robust growth plans to ramp up stores in India amid reports of outlet closure back home due to challenging times. Marks and Spencer in India is a 51:49 JV between UK's M&S and Reliance since 2008.

The company denied reports of foraying into the food business in India, terming them as speculative, and said, it will focus on the home category, launched recently.

Ritesh Mishra, MD, M&S Reliance India, said,"We will turbocharge our growth in India. We want to make sure customers get value in our apparel and home products."

The company has plans to open one store a month, he added. 

Mishra was in the city to open the company's 95th store and third in Kolkata. All stores in India are company owned and it does not have any franchise stores. M&S UK has 427 stores in international operations including franchisees and JVs.

M&S UK recently informed investors it is highly likely that conditions will become more challenging in FY'24 across all markets. Mishra said that with the inclusion of home category products, the retailer was focusing on larger store formats like 15,000 square feet in tier I cities and about 12,000 sq ft in tier II cities.

Positioning the brand in the mid-to-premium segment, the company said it remains open to evaluating new categories like furniture in the home front besides more products for women and winter wears.

"There is opportunity and potential in the furniture segment but right now we are working on strengthening our existing product portfolio in the home segment which includes kitchen, bathroom, bedding, and home accessories. We may look at furniture and lighting moving forward," he said.

Lingerie and women's wear account for 60 percent of the company's sales in India. Without going into financial numbers, Mishra said M&S India is the second largest international operation in terms of revenue for M&S outside the UK. M&S India expects nearly one-third of its business to come from digital channels in the future from the current 25 percent.

 

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Arvind's Q2 Results: Net Profit Rises Nearly 80 pc to Rs 125 cr
Arvind's Q2 Results: Net Profit Rises Nearly 80 pc to Rs 125 cr
 

Leading textile manufacturer Arvind Ltd reported an increase of 79.07 percent in its consolidated net profit of Rs 125.02 crore for the September quarter helped by gains from exceptional items. The company had posted a net profit of Rs 69.58 crore in the year-ago period, it said in a regulatory filing.

Its revenue from operations was up 2.93 percent at Rs 2,169.81 crore compared to Rs 2,107.97 crore in the corresponding period of the previous fiscal. "Profit After Tax from continuing business and before the exceptional item was Rs 85 crore. Accounting for one-time items, PAT was reported at Rs 125 crore," Arvind said in its earning statement.

Arvind had a gain of Rs 40.52 crore from exceptional items, which includes profit on the sale of a subsidiary and provision from the value of land in Gujarat. Its total expenses were at Rs 2,072.45 crore, up 3.50 percent in the September quarter of FY23 against Rs 2,002.31 crore a year ago.

Its revenue from textiles was up 1.88 percent at Rs 1,758.98 crore from Rs 1,726.49 crore in the July-September period of the last year. Revenue from Advance Materials rose 5.07 percent to Rs 313.43 crore in the second quarter of FY 2022-23 over Rs 298.28 crore.

"Overall textile revenues grew by 3 percent as Woven and Knits volumes held steady. Higher price realization helped hold unit margins, though it suffered in percentage terms. Advanced Materials clocked 5 percent growth for the quarter, though on H1 basis revenues were up 21 percent as many orders have spilled over from Q1 to Q2 in the previous year," it said.

 

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Schwarzkopf Expands Product Portfolio, Launches Simply Color and Colour Specialist
Schwarzkopf Expands Product Portfolio, Launches Simply Color and Colour Specialist
 

Schwarzkopf, with a legacy of 120+ years, has been at the forefront of innovation – combining quality ingredients with the latest hair-focused technology. Known for its professional quality and science-backed hair innovations, the brand launched a superlative assortment of best-in-class home hair coloration solutions with two exciting new product lines.

The ranges ensure they cater to every kind of modern beauty consumer with their distinct properties. Colour Specialist, a permanent, fashion-forward hair color infused with Hyaluronic acid, provides extra hydration and moisture retention, along with the unique OmegaPlex technology to deliver 90 percent less hair breakage. 

With Simply Color, enjoy the easy way to color your grays and get that fashionably tinted hair without ammonia and silicone, with this super clean formula. This revolutionary hair color which is dermatologist-tested, and PPD and PTD-free, breaks all the norms to deliver color without compromise. Gentle on the scalp and visibly healthy hair, make your hair shine with the color you want.

Both ranges consist of diverse shades covering the entire Black, Brown, Blonde, and Red families and are specially curated with formulations that give long-lasting permanent hair color while keeping your tresses shiny, healthy, and nourished at the same time.

 

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Lotus Make-Up Appoints Vaani Kapoor as its Brand Ambassador
Lotus Make-Up Appoints Vaani Kapoor as its Brand Ambassador
 

Lotus Make-Up has appointed Bollywood Actress Vaani Kapoor as the Brand Ambassador for its range of skin-friendly natural makeup products. As the face of the brand, Vaani Kapoor will appear in a high-voltage multimedia campaign spanning Digital, OTT platforms, OOH, social media, and at multiplexes PAN India. 

During her two-year association with the brand, Vaani will endorse the Lotus Makeup Proedit and Ecostay range of high-performance daily usable vegan make-up that is easy on the skin, non-toxic, paraben-free, and cruelty-free

The key communication of the campaign is #MyMakeupMyWay in which the brand film talks about breaking stereotypes on how makeup can be carried guilt-free throughout the day. In the film, Vaani is seen using Lotus Makeup products at a get-together during the day, on a road trip, and at an evening party. The stunning actress who readily connects with millennials and GenZ resonates with today's modern consumers, who are charmed by her beauty, flawless complexion, and personality. Lotus Makeup plans to leverage her extraordinary popularity, to reach out to aspirational consumers PAN India.

Nitin Passi, Chairman and MD, Lotus Herbals, said, “We are delighted to have Vaani Kapoor endorse the Lotus makeup brand since she resonates with our brand’s commitment towards clean and non-toxic beauty. We launched Lotus Makeup in 2011 and were the first Indian vegan makeup brand to hit the market. Today’s discerning consumers are eco-conscious and are on the lookout for makeup products that provide safety, efficacy and ethical practices. The high-performance product offerings from Lotus makeup tick all the boxes and appeal to a wide spectrum of consumers who wish to use only natural products for their makeup regime."

As the new face for Lotus Makeup, the gorgeous Vaani Kapoor will appear in a high-voltage campaign spanning leading OTT platforms, digital, in-store, POP, and Out-of-home. With an extensive media plan, the brand will run a digital video campaign which will play out on the brand’s social media platforms such as Facebook, Instagram, YouTube, and Twitter. In addition, Lotus Makeup will run the brand film at leading multiplexes across the country, to grab eyeballs for maximum visibility.

 

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Go Fashion India Q2 Results: Firm Reports PAT at Rs 19.3 Cr
Go Fashion India Q2 Results: Firm Reports PAT at Rs 19.3 Cr
 

Go Fashion India Ltd which owns the popular women’s wear brand ‘Go Colors’ has recorded a 3.76 percent rise in its profit after tax for the second quarter ending September 30, 2022, at Rs 19.3 crore, the company said.

The company had registered a profit after tax at Rs 18.6 crore during the corresponding quarter previous year. Total revenue during the quarter under review stood at Rs 165.8 crore as against Rs 112.1 crore registered corresponding quarter last fiscal, the company said. The cash flow from operations for the half-year period ending September 30, 2022, stood at Rs 36 crore as compared to Rs 8 crore recorded in the same period last year.

In a statement, the company clarified that the second quarter and half-yearly performance in the last financial year was impacted due to the COVID-19-enforced lockdown.

Gautam Saraogi, CEO, Go Fashion (India) Ltd, said, “Despite a challenging environment, the company has performed well in Q2 and first half of FY2022-23. Our revenues for the second quarter grew by 48 percent year on year to Rs 166 crore highest ever quarterly revenues at Go Fashion. EBITDA (Earnings before interest, taxes, depreciation, and amortization) grew by 250 percent to Rs 102 crore and PAT stood at Rs 44 crore (for the half year ending September 30, 2022). This has been on the back of high volume growth and improved product portfolio by continually adding new products across all bottom wear categories.

We continue to invest in brand-building initiatives which will help us to gain visibility and also to focus and grow our online sales channels to benefit from evolving customer trends in our market,” he said.

Saraogi noted that the company was moving ahead with its expansion plans by opening 120-130 new stores every year.

We are also looking at omnichannel engagements for a seamless consumer experience, building on a technology-driven growth strategy to reach consumers across all cities,” he said.

The company during the quarter ending September 30, 2022, opened 36 new stores and in the first six months of the financial year, it added 66 stores. “This is in line with the growth strategy to open more doors closer to the consumer,” he said.

 

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Libas Expands Retail Footprint, Opens Exclusive Stores in New Delhi, Lucknow, and Pune
Libas Expands Retail Footprint, Opens Exclusive Stores in New Delhi, Lucknow, and Pune
 

Libas, one of the leading ethnic wear brands for women expands its offline presence via exclusive stores with a total of over 9000 sq feet of retail space across Lulu Mall, Lucknow, Lajpat Nagar and Amar Colony, New Delhi, and Phoenix Mall, Pune.

Each store is curated with a vision to offer a sensorial shopping experience to its customers, thoughtfully designed with Indian influences in modern architecture that resonates with Libas’ new identity, bringing freshness to the brand. Libas understands the evolving ethnic wear needs of an Indian woman and focuses on becoming a one-stop shop to provide 360-degree wardrobe solutions covering all facets and occasions. With an endeavor to blend the indigenous crafts of India with contemporary design, the stores offer the brand’s most iconic collections, exclusive occasion wear, wedding styles, ready-to-stitch fabrics, and plus-size clothing along with the brand’s core range of everyday ethnic wear Libas Basics.

Having successfully leveraged its many years of e-commerce experience and data to identify key locations and markets to undertake strategic expansion, within the first year of its shift from pure e-commerce to omnichannel, Libas has opened 10 stores across the country through the insights gained from its strong consumer database developed via the website.

Sidhant Keshwani, CEO, Libas, said, “The ethnic wear market for women is extremely cluttered. Novelty in the offering is what makes one stand out and at Libas we have been able to bring freshness to the discerning consumer with new merchandise every 10-15 days. We are thrilled to launch our exclusive store at prime locations. While Libas was conceptualized as an e-commerce brand and we have had immense success with the same, traditional brick and mortar was always on our radar for a holistic omnichannel presence. After New Delhi, Lucknow and Pune, we will open doors to Libas in cities such as Pune, Chandigarh, Mumbai, and Bangalore.

Our robust website coupled with the physical stores are expected to see an overall 70 percent growth as compared to the previous year. We’re absolutely geared to cater to the festive demand with the latest collections and trends that work well for the season both online and at our stores,” he added.

Libas’ constant endeavor has been to provide great value to the customer along with elegant And upbeat collections of ethnic and fusion wear carefully curated in line with emerging fashion trends both in India and abroad. With this growth trajectory and consumer sentiment towards its offerings, Libas is confident of making greater inroads across key cities in India.

 

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House of Colorbar Introduces Co-Earth, a Personal Care Brand ‘For Our Planet’
House of Colorbar Introduces Co-Earth, a Personal Care Brand ‘For Our Planet’
 

Colorbar, one of India's leading cosmetics brands, has recently launched Co-Earth, a one-of-a-kind personal care brand born For Our Planet. The brand firmly believes in co-existence with the Earth and its offspring, promising sustainable, performance-driven products both gentle on you and the environment. Its products come with the Clean Beauty Promise - 100 percent naturally derived, 100 percent vegetarian, 100 percent cruelty-free, and zero toxins. 

Co-Earth cares for personal beauty as well as that of nature! In ties with Wildlife Trust of India and Wildlife SOS, two major conservation organizations, the brand will give back to nature, protect key habitats, and ensure animals live the life they truly deserve. A significant part of each sale will be contributed towards conservation efforts of endangered species including the Asiatic Elephants, One-horned Rhinos, Leopards, Bears, and the majestic Bengal Tigers. 

Samir Kumaar Modi, Founder, MD, Colorbar Cosmetics, said, “Beauty is born in our actions. How we care for ourselves and the world around us. Today, the world needs us to step up our efforts and make a radical difference for nature to thrive again. We are serious about this cause. The Co-Earth vision includes building a future in which we humans live in perfect harmony with nature and its creatures. All our products are created to benefit your body and admire the nature and wildlife as you buy. We have tied up with leading wildlife organizations in India to bolster rescue efforts for endangered animals.. Each day we  look for more wildlife species to take under our wing. Taking the pledge to co-exist ‘For Our Planet’, Colorbar wishes to create a magical change for mother Earth witho Co-Earth.” 

Co-Earth products combine the knowledge of modern science, Ayurveda, aromatherapy, and traditional skincare rituals. Each is formulated using state-of-the-art and ethical manufacturing practices and is Paraben free, Sulphate free, Silicone free, Mineral Oil free, and Formaldehyde free. The brand has curated 67 products catering to hair, skin, and body and ranging from Rs 349 to Rs 799.

 

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TASVA Ropes in Ranbir Kapoor and Ananya Panday as Brand Ambassadors
TASVA Ropes in Ranbir Kapoor and Ananya Panday as Brand Ambassadors
 

TASVA, the men's Indian wear brand announced Ranbir Kapoor and Ananya Panday as its first brand ambassadors, adding glamour and style to all your celebrations.

Ranbir Kapoor is seen promoting the brand’s range of ethnic clothing with Ananya Panday in a festive campaign film, released across media platforms for the upcoming festive season.

Ranbir Kapoor and Ananya Panday represent the changing mindset of modern India. Launched in 2021, TASVA aims to infuse fresh energy into the Indian celebratory experience for the male consumer with its traditional and fusion Indian apparel that is high on unmatched quality, comfort, and style. Its ethos of freedom to be oneself and let individuality shine through is in perfect sync with that of Ranbir Kapoor and Ananya Panday.

Tarun Tahiliani, Chief Design Officer, TASVA said, “Who better than Ranbir Kapoor and Ananya Panday to bring alive the vision of TASVA and its contemporary styles. Like TASVA, they have a natural sense of style that’s effortless and a perfect representation of new-age India. I am thrilled to have their charming and youthful energy, fuel the brand appeal for our standout and fast-growing menswear brand.

Sandeep Pal, CEO, TASVA added, “We are extremely pleased to have Ranbir Kapoor and Ananya Panday join the TASVA tribe. The brand was conceptualized with a view to changing the way India thinks about ethnic menswear for festive occasions and weddings. It is all about expressing one’s individuality and a beautiful balance of modern tastes, rooted in tradition. Ranbir and Ananya are a perfect match for TASVA’s brand ideology.

 

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