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Sanjay Vakharia

Why retailers are betting big on the Indian shirts market

Shirts accounts for 12 percent of the total apparel market in India. Men’s shirts hold 94 percent of the total shirts market with the remaining 6 percent constituted by the women’s shirts market, which is growing twice as fast...

Digital innovation & the future of social media marketing in fashion retail

We belong to an era where embracing technological developments has become imperative. Speed, accuracy, data analytics, personalisation, engagement and customisation must be kept at the centre for every business to stay relevant. Technology exists and will keep evolving – what...

It’s busy business as retailers gear up to weather climate change

Global warming, inconsistent weather conditions and the shrinking winter season have adversely impacted India’s winter wear market, changing consumer buying behaviour. Climate change has served to transform the business models of apparel retailers as well as their designs, and...

Spykar Lifestyle promotes Sanjay Vakharia as the company’s CEO

Spykar, one of India’s largest denim brands, announces the promotion of Sanjay Vakharia to the position of Chief Executive Officer. Sanjay co-founded the brand in 1992 and was the COO & Director since 2014. The announcement comes at the back...

Spykar eyes up to 30 pc higher sales at Rs 700 crores in FY19

Homegrown denim brand Spykar is eyeing a growth of 25-30 percent this fiscal to clock a revenue of Rs 700 crore, a top company official has said. The brand clocked retail sales of over 550 crore in 2017-18. “We see...

Indian Knitwear Market: Present and the future trends

The need for speed and the need for comfort have together made way for comfort wear. And today, satiating the comfort needs of customers, the knitwear industry in India has boarded the ship of holistic growth. The augmenting popularity of...

The t-shirts market in India

Consumers’ wardrobes, in India and across the world, are undergoing a distinct shift – from formal clothing to a greater preference for trendy and casual attire. The following feature takes a look at the Indian market for one of...

Spykar to open 30-40 stores per year; explore potential in Tier II & III cities

Spykar is one of India’s leading denim wear brand for youth. Keeping up with the ever-changing dynamics of fashion around the globe has always been at the core of the brand. Young, stylish and fashion- forward is what the...

Enrich certified as world’s first ‘Trusted Salon’

Enrich Salons received a round of applause from the retail and shopping centre industry captains at a glittering function at Renaissance, Powai Mumbai on April 11, 2018 where it was officially awarded the ‘Trusted Salon’ certificate for having successfully...

Fashion retailers should look at collaborative processes from PE investors beyond mere fund needs

Fashion retailers must seek private equity investment going beyond their mere monetary needs and look at creating eco-systems and process while roping in the financial investor, as per the conclusion of a cross section of private equity players and...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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