Apparel Group’s Post

Festive and wedding season and increasing preference for fast fashion are expected to help the organised retail apparel sector log 8-10% revenue growth this financial year. CRISIL Limited Click on the link below to know more.... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

Bengaluru-based men’s fashion and apparel brand Snitch will open its largest store in the country in Bengaluru on Friday. SNITCH | Siddharth DUNGARWAL | Chetan Siyal | Mayur Ashtekar | Maruthy Ramgandhi | Varun Muralidharan Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing 

California-based casualwear brand Dockers plans to open five stores in the first year of its operation in the country and 20 stores in about two years. Dockers | ace turtle | Berry Singh | Sandeep Kumar Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing 

Reliance Retail Partners with Delta Galil to Revolutionize Indian Apparel Market 👕 Reliance Retail Ventures has entered into a strategic partnership with Israel-based Delta Galil Industries to transform the Indian apparel market. This 50/50 joint venture aims to create an innovative apparel platform, offering Indian consumers a unique and unparalleled shopping experience. Apparel Innovation Platform The partnership will establish a cutting-edge apparel innovation platform, combining Reliance Retail's extensive market knowledge with Delta Galil's expertise in intimate apparel and activewear. This platform will enable the development of new and innovative products, catering to the evolving needs of Indian consumers. Delta Galil's Expansion in India As part of this partnership, Delta Galil will expand its presence in the Indian market, introducing its intimate apparel and activewear brands to Indian consumers. This move will not only increase Delta Galil's global footprint but also provide Indian consumers with access to high-quality, international brands. Reliance Retail's Accelerated Growth Reliance Retail will leverage Delta Galil's expertise in intimate apparel and activewear to accelerate its growth in the Indian market. This partnership will enable Reliance Retail to tap into Delta Galil's knowledge and resources, enhancing its product offerings and improving its market position.

Japanese fashion retail brand Uniqlo completes five years in India, a release by the company said on Wednesday. The company opened its first store in October 2019. UNIQLO | Kenji Inoue | The Phoenix Mills Ltd. | Pacific Development Corporation Ltd Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

My latest #contributingeditor feature for TheIndustry.fashion & TheIndustry.beauty The biggest part of Fast Retailing, so why is UNIQLO so slow at opening stores? https://lnkd.in/gMkJZzFx #fashion #retail #storeopenings #uniqlo #fastretailing #fashiontheory #longread

HOW TO KEEP A FASHION BRAND THRIVING IN THIS CLIMATE Vogue Business: Nanushka is outsourcing its wholesale distribution to brand development company Tomorrow London in the hopes of growing sales despite market challenges. It’s a challenging time to be an independent fashion brand: several have folded their businesses in recent weeks amid “upheaval” in the wholesale market. Against this backdrop, Vanguards Group — owner of Nanushka, Sunnei and Aeron — has entered a strategic partnership to outsource the global wholesale distribution of Nanushka to brand development platform Tomorrow Ltd. Nanushka is also planning to return to the fashion calendar with a show in September. “In the current wholesale landscape, change and consolidation is inevitable,” says Peter Baldaszti, CEO of Vanguards, which he and his partner Sandra Sandor co-founded in 2020 (they are also the co-founders of Nanushka). “We decided to find a trusted partner to establish, develop and grow our wholesale business in the most efficient way possible; to ensure that Nanushka is presented at the right stockists, in the right way, with the right brand adjacencies. Wholesale has to be managed much more strategically now than it was before.” Nanushka’s sales are split 40 per cent wholesale and 60 per cent direct-to-consumer (DTC). It has 200 stockists worldwide including Harrods, Saks, Bergdorf Goodman, Galeries Lafayette and Net-a-Porter. Tomorrow will manage the relationships with all of these accounts going forwards. Vanguards will continue to run the brand’s DTC operations, including its stores in London, New York and China, as well as overseeing the design, manufacturing and marketing. It’s a notable move from two companies that are, on the surface of it, rivals. Both specialise in brand incubation and development, though Vanguards is focused on its portfolio of three brands, all of which it owns outright. Through financial investment and brand management and distribution services, Tomorrow backs brands like Coperni, Martine Rose, Charles Jeffrey Loverboy, Colville, artist Daniel Arsham’s apparel project Objects IV Life and London retailer Machine-A. In February, it acquired A-Cold-Wall from founder Samuel Ross. “It is a fundamental change of attitude between what could be seen as competitors,” says Stefano Martinetto, CEO of Tomorrow. “It is the acknowledgement that the industry needs consolidation, at least when it comes to services. Companies that are reasonably small in size, like Vanguards and Tomorrow — neither of us are over £100 million in turnover — need to specialise. Attempting to service all the touchpoints and needs of individual brands is far-fetched.” The strategic partnership is expected to extend to Sunnei in due course. learn more: https://lnkd.in/g2JVav8T #metaverse #fashion #ai #nft #investment

Leading textile and fabric manufacturer Raymond has plans to add over 100 stores of its ethnic wear brand ‘Ethnix by Raymond’, the latest annual report of the company said. Raymond Limited | Ethnix by Raymond | Gautam Singhania Click on the link below to know more.... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

As Sosandar is set to open its first physical stores in autumn, Drapers speaks to co-CEOs Ali Hall and Julie Lavington and CFO Steve Dilks about how the business chose the store locations and why it is dialling down on price promotions. Read the full story below. #fashion #retail #retailnews #fashionnews #sosandar #womenswear

According to GlobalData, the U.S. secondhand apparel market grew 11%, or seven times faster than the broader retail apparel market, to $43 billion last year. The report estimates that resale sales online and at traditional thrift stores could reach $73 billion by 2028. #resale #retail #apparel #retailsales