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Arvind Fashions says 75 pc of its stores operational, revenue below pre-COVID levels

Arvind Fashions Ltd (AFL) on Thursday said 75 percent of its stores are operational now after the easing of lockdown relaxations, though footfalls and revenue remain well below pre-COVID levels. According to a PTI report: Sharing an update on the...

COVID-19 Impact: Key learnings & future course of action for retailers

India’s retail sector is one of the largest employers in the country with almost 46 million people working in the industry. With the onset of the pandemic and as retail businesses continue to be deeply damaged by the ongoing...

Tommy Hilfiger Global and PVH Europe’s CEO steps down

PVH Corp, owner of a portfolio of iconic brands including Tommy Hilfiger and Calvin Klein, announced that Daniel Grieder is stepping down from his role of Chief Executive Officer, Tommy Hilfiger Global & PVH Europe after 23 years in...

COVID-19: The impact of the coronavirus pandemic on global fashion retail

The global textile and fashion industry was one of the worst hit sector by the ongoing coronavirus pandemic. Since its outbreak in December 2019 in China, we have seen retailers progressively closing doors as the global spread of the...

Lockdown 2.0: Impact of COVID-19 on Indian fashion retail

With major Indian cities, including the capital city--Delhi--and the financial capital--Mumbai--being designated coronavirus "red zones" by the Government depending on the level of infection, the impact of COVID 19 on retailers is far from easing out. Though the retail...

Ethical Sourcing: How fast fashion giant H&M is setting an example in the wake of the COVID-19 crisis

At a time when an increasing number of fashion bigwigs are cancelling orders to the tune of billions of dollars, H&M has set an example by standing in solidarity with its supply chain partners in Bangladesh. "We will stand by...

Indian Online Kidswear Market: Comes out of infancy stage, registers growth

Fathom this - e-commerce marketplace fashion player Myntra has more than 400+ kidswear brands listed on their portal. Amazon has close to over 200 and Flipkart has over 2,000+ brands listed under their kidswear category! The online market for...

Unlimited-Arvind Fashion Brands launches brand store on Snapdeal

Snapdeal, India’s leading value-focused online marketplace, has expanded its selection by adding more than 14,000 products from Unlimited-Arvind Fashion’s extensive range of national and international brands. The brands which will retail on Snapdeal include kids focused brands like - Cherokee,...

15,000 kirana stores to manage 70 pc of EORS deliveries: Myntra

Myntra’s End of Reason Sale (EORS) is arriving, allowing millions of shoppers to upgrade their wardrobes and step into the New Year in style. As the biannual EORS continues to leapfrog in scale with each passing season, the 11th...

Who’s Who: 10 Leaders of Fashion Retail

The fashion retail category continues to lead modern retail in India backed by the ever growing dreams of the Indian fashion consumer. The journey of fashion from ‘need’ to ‘want’ and now to ‘aspire’ is truly on its way....
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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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