Taneira projects 30 pc festive growth; e-commerce up 50 pc as store count quadruples since FY22

Taneira, Tata Group’s ethnic wear brand, anticipates a robust festive season with a projected 30%+ like-to-like growth, fueled by strategic pricing, improved assortments, and a favorable wedding calendar. E-commerce sales have surged by 50%, with ready-to-wear gaining traction among younger consumers.

Taneira projects 30 pc festive growth; e-commerce up 50 pc as store count quadruples since FY22 Read More »

Lucira raises $5.5 million in seed round led by Blume Ventures, Spring Marketing Capital

Lucira Jewelry secured USD 5.5 million in seed funding led by Blume Ventures and Spring Marketing Capital, with participation from SiriusOne Capital Fund and angel investors. The company intends to use the funds to open four flagship stores by FY26, improve its online platform, and invest in technology-driven personalization to become a trusted design-first fine jewelry brand.

Lucira raises $5.5 million in seed round led by Blume Ventures, Spring Marketing Capital Read More »

Global fashion industry emits 8.3 mn tonnes of methane: Report

The global fashion industry emits 8.3 million tonnes of methane annually—nearly four times France’s total.
Despite comprising just 3.8 per cent of materials, animal-derived products like leather and wool account for 75 per cent of these emissions.
Collective Fashion Justice urges a shift to animal-free, fossil-free materials and renewable energy.

Global fashion industry emits 8.3 mn tonnes of methane: Report Read More »

No tax cut, but luxury goods cos hopeful of indirect gains

Luxury goods and high-end bike manufacturers are boosting retail stocks and planning launches, anticipating positive effects from widespread GST cuts. While GST rates remain unchanged for jewelry and increase for high-capacity bikes, companies expect improved consumer sentiment to counter any demand slowdown. Brands are optimistic about maintaining stable demand, particularly for premium models, supported by flexible financing options.

No tax cut, but luxury goods cos hopeful of indirect gains Read More »

ABRFL launches Gen Z focused fashion brand OWND!

Aditya Birla Fashion and Retail Ltd. (ABFRL) has introduced OWND!, a fashion brand targeting India’s Gen Z and trend-conscious youth. This launch includes a new brand identity and contemporary store layouts. ABFRL plans to convert existing StyleUp stores into OWND! locations, aiming for 100 stores by the end of the fiscal year, accelerating its presence in the value fashion sector.

ABRFL launches Gen Z focused fashion brand OWND! Read More »

American brand Gap Inc appoints UMPG CEO Jody Gerson to its board

Gap Inc has appointed Jody Gerson, chairman and CEO of Universal Music Publishing Group, to its board of directors, effective immediately.
Gerson, a pioneer in music publishing, is expected to strengthen Gap’s “fashiontainment” strategy by connecting culture and commerce, amplifying brand resonance, and supporting CEO Richard Dickson’s vision for Gap’s creative renaissance.

American brand Gap Inc appoints UMPG CEO Jody Gerson to its board Read More »

India’s silver imports to gain momentum from strong investment demand

India’s silver imports are expected to rise in the coming months as strong industrial and investment demand has depleted stocks from last year’s record inflows. Imports may total 5,500–6,000 tons in 2025 after halving in the first eight months. Prices have surged nearly 49% this year, yet demand remains firm, with investors holding back scrap sales.

India’s silver imports to gain momentum from strong investment demand Read More »

We are eyeing 30 pc festive sale surge this year, Rado CEO Adrian Bosshard

Rado anticipates a significant 30-35% sales surge in India during the festive season, driven by a strong brand presence and strategic distribution. India has become Rado’s largest global market, surpassing the US and China. The company is also witnessing growth in its women’s segment and focusing on premium retail experiences in both metropolitan and Tier 2/3 cities.

We are eyeing 30 pc festive sale surge this year, Rado CEO Adrian Bosshard Read More »

How fashion retailers stay relevant amid fast fashion and micro-moments

Indian fashion retailers face relevance challenges. Industry leaders at The FashionXP discussed strategies. Liberty Group focuses on sustainable trends and premiumization. Mysore Saree Udyog blends heritage with innovation. 1 India Family Mart addresses value-conscious customers. They leverage technology to meet demands. Retailers aim to predict consumer micro-moments. Tradition’s enduring strength remains vital for brands.

How fashion retailers stay relevant amid fast fashion and micro-moments Read More »

Shopping Cart