Luxury online apparel retailer Farfetch files for IPO

2018/09 17 03:09

Courtesy: Farfetch London-based Farfetch Limited, a leading technology platform for the global luxury fashion industry, has filed a registration statement on Form F-1 with the US Securities and Exchange Commission relating to a proposed initial public offering (IPO) of its Class A ordinary shares. Farfetch has applied to list its shares on NYSE under the […]

Shein India receives 20,000 orders a day now

2018/09 17 03:09

Courtesy: Shein India US fashion brand Shein, which entered India in 2017, has localised its customer service, logistics and marketing efforts in India and with ₹250 crore invested in marketing, it receives 20,000 orders a day, according to Shein India general manager Malcolm Yam. It has now around 3 million followers on social media and […]

India’s Try & Buy raises $1 mn from Venture Catalysts

2018/09 17 03:09

Try & Buy Fashions, an Indian start-up offering a close-to-real virtual trial room for online shoppers, has raised $1 million from Mumbai-based early-stage investment firm Venture Catalysts. The company has earlier been backed by Xiaomi chief operations officer Muralikrishnan B, Hughes managing director Vinod Sood and Redbus co-founder Bhaskar Raju. Using a virtual trial room […]

IFDC to show modest fashion during Milan Fashion Week

2018/08 30 15:08

Courtesy: Islamic Fashion & Design Council Islamic Fashion & Design Council (IFDC) will host Milan Fashion Week Modest Soiree, in conjunction with Milan Fashion Week beginning September 24. This exclusive event is set to showcase modest fashion in the city with the greatest fashion appetite.The IFDC Award winners from Torino Fashion Week 2018 will be […]

Tablez joins hands with Yoyoso to enter India

2018/08 30 15:08

Tablez MD Adeeb Ahamed and Yoyoso brand founder Ma Huan during the agreement signing ceremony Yiwu, China./Courtesy: AETOSWire Tablez, the organised retail arm of LuLu Group, has become partners with Chinese lifestyle brand Yoyoso to bring its stores to India. The two have signed a strategic cooperation in this connection. Tablez plans to open Yoyoso […]

The Children’s Place to show Autumn ’18 collection at JFW

2018/08 30 15:08

Courtesy: The Children’s Place Full of bright patterns, playful flip sequins, bold colour palette and everything that kids will simply love, The Children’s Place will present its new Autumn’18 collection at the Kolkata edition of Junior’s Fashion Week (JFW) at JW Marriott on August 12, 2018. The assortment has everything from everyday basics to the […]

Walmart sets up new distribution centre in Mobile

2018/08 30 15:08

Courtesy: Business wire Walmart has opened a new $135 million distribution centre in Mobile, Alabama. The centre has been set up to strengthen Walmart’s supply chain network while creating more than 750 jobs. Announced in March 2017, the facility will supply several regional distribution centres that support approximately 700 Walmart stores in Alabama, Mississippi and […]

Cherry Crumble to launch AW18 collection at JFW Kolkata

2018/08 30 15:08

Courtesy: Cherry Crumble California Celebrating the brand’s love and passion for colours, fun, freedom, excitement, Cherry Crumble California will be launching its Autumn Winter 2018 collection at the Kolkata edition of Junior’s Fashion Week (JFW), to be held on August 12. Reveling in Californian romanticism, every piece in the collection is imbued with Cherry Crumble […]

Ikea launches India’s first store in Hyderabad

2018/08 30 15:08

Courtesy : Ikea Brand:Ikea Company:Ikea Location:Hitec City, Hyderabad Area:4 lakh sq ft Product profile:The store, with 950 workers and expecting close to 7 million visitors every year, exhibits 7,500 products including fully furnished rooms. The store features two full homes that reflect ‘Life at Home in Hyderabad’, besides different room sets like bedroom, kitchen, children’s […]

Blue Point Capital recapitalises Next Level Apparel

2018/08 30 15:08

Courtesy: Next Level Apparel Blue Point Capital Partners has recapitalised Next Level Apparel, a designer and supplier of quality, casual apparel to the promotional product, ad specialty and other decorated apparel markets. Next Level was founded in 2003 and is headquartered in Gardena, California. The company’s products are sold blank and marketed under the Next […]

Monte Carlo records 50% growth in Q1FY18

2018/08 30 15:08

Courtesy: Monte Carlo Premium fashion brand Monte Carlo has recorded an impressive 50 per cent increase in growth in the first quarter of fiscal 2018 over the same period last year. The label, dealing in dynamic apparel for adults and kids has recently revamped its brand identity with a new logo and is set to […]

Retailers approaching 100% inventory accuracy: Study

2018/08 30 15:08

With computer vision use cases maturing, Artificial Intelligence (AI) tools becoming more powerful, and RFID technology demonstrating major ROI, retailers are approaching 100 per cent inventory accuracy, therefore enabling a transformation of the industry, says a study. Inventory accuracy helps transform operational efficiency within physical stores. For many retailers using traditional inventory counting methods in […]