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– HKTDC Hong Kong Optical Fair (7-9 November 2018)

– Expand global luxury group to include three iconic founder-led brands defined by fashion luxury products with a reputation for world-class design and innovation

It also considering scaling up its technical textiles businesses.

Prior to joining Mufti, Mathur worked as the Brand Head for SKULT, before which he was the Chief BNM (Buying and Merchandising) Officer with Aditya Birla Online Fashion (ABOF).

Splash Fashions, Middle East’s largest fast fashion retailer, is planning to revamp all its store in India to attract the Millennials.The brand, which is eyeing like-to-like single digit growth, is looking forward to open 7 new stores by December end

V-Mart, at present, has a distribution centre located near Gurugram to service all its stores.

Wexner added, “This decision is right for the future growth of our company, but not easy because of the impact to our L Brands family. I want to thank our Bendel associates for their dedication to this iconic brand and to our loyal Bendel customers.”

“In the last 5-6 years we have not put much capital in the textile business. We are very excited about textiles..we see tremendous growth opportunities… This capex will take the business from a single digit growth rate at present in to double digit growth rate.

WOWMOM which was established in the year 2012 with apparel in the age group of 0-3 years. The apparel segment included everything from t-shirts, shirts, rompers, knit sets, top, skirts, party wear frocks, dresses, short enthic and much more. Gradually, the brand introduced baby basics which included new born and infant wear like soft jabla, cloth nappies, caps, mittens etc.

Michael Kors Holdings Limited, a global fashion luxury group, announced that a definitive agreement has been signed to acquire all of the outstanding shares of Italian luxury fashion house Gianni Versace S.p.A. for a total enterprise value of Euro 1.83 billion or approximately US$ 2.12 billion. Versace, long recognized as one of the world’s leading luxury fashion companies, is synonymous with Italian glamour and style.Michael Kors Holdings Limited, a global fashion luxury group, announced that a definitive agreement has been signed to acquire all of the outstanding shares of Italian luxury fashion house Gianni Versace

Vivek Goyal, Co-Founder, and Director shared, “Created with the user experience in mind, the website is designed using the latest technology so the site is compatible with today’s browsers and mobile devices. All the standard e-commerce payment methods will be available www.zinklondon.in This e-commerce website will give a huge online push that we have been focusing on for long.”

In the past six months, WOWMOM is aggressively spreading wings and is now available in more than 300+ counters including India, Nepal, Mauritius, GCC, Fiji, Papua New Guinea amongst others.

Furthermore, following the franchise model, Toonz stores are well sized between 1,200-2,000 sq. ft., catering to all the needs of a child.

To enhance the shopping experience, products are organized by theme, such as pastel, ethnic, or metallic collections, with sub-brands kept on dedicated displays. Products are grouped in displays in colour blocks to suggest pairings and to match outfits. The displays are constantly renewed since every week there is an addition of new merchandise. A harmonized playlist has been carefully selected for the young customer base to create a fun and an energetic environment and encourage customers to linger over the displays. And the cheerful, stylish staffs are always on hand to give advice or suggest pairings.

We are constantly curating and updating our collections and category lines. Our aim has always been to spoil the customer with choices. Along with different options of celebration wear, we also offer a specially curated line of sherwanis and kurtas. Starting from Bandhgalas, Achkans, Jodhpuris to Patialas, Pathanis and Angrakhas which includes- Indo western sherwanis, Kurta jackets, Asymmetric cuts, we infuse Indian elements and style in our offerings.

According to Vincent Lou, Founder and CEO, Club Factory, “Club Factory has ambitious plans for the Indian online retail market. With the Indian e-commerce market showing potential for huge growth, Club Factory has set sights on reaching every nook and corner of the country giving young Indian consumers easy access to affordable glamour at unbeatable factory prices.”

Marks & Spencer (M&S), the iconic British retailer, launched its first ever store in Esplanade One in Bhubaneshwar. The new 6,700 square foot store showcases the best of Marks & Spencer’s quality clothing across Womenswear, Menswear, Kidswear, Lingerie and Beauty from the brand’s latest collection. It is the retailer’s 67th store in India and first-ever store in the country’s temple city, Bhubaneshwar.MandS today has 67 stores across 32 cities, including 22 in new potential markets such as Aurangabad, Bhopal, along with growing presence online

“We are considering an Omnichannel strategy and plan to get into online retail to reach our customers. It may happen by end of next year,” Lalit Agarwal, Chairman and Managing Director, V-Mart Retail told PTI.

Kohl’s has announced the launch of EVRI, a new women’s private-label plus brand, enhancing Kohl’s modern, size-inclusive offerings for women and strengthening Kohl’s position as a destination for the plus shopper.EVRI, which stands for Easy, Versatile, Real (Value) and Inspiring, will launch at Kohl’s in Spring 2019 in sizes 0X-4X in tops and 14W-30W in bottoms and aims to empower women with stylish and functional pieces for all shapes and sizes

CONCLUSION

According to Andy Dunn, SVP of Digital Consumer Brands, Walmart US eCommerce, “This year, we’ve made great progress adding new brands, developing exclusive products, and launching new fashion partnerships. As the retail landscape evolves at light speed, we remain firm in our belief that it’s not just about selling brands, it’s also about building brands and customer relationships. As such, we are laser focused on developing a portfolio of direct to consumer brands with a unique assortment you can’t find anywhere else.”

Prior to joining Mufti, Mathur worked as the Brand Head for SKULT, before which he was the Chief BNM (Buying and Merchandising) Officer with Aditya Birla Online Fashion (ABOF).

H&M, which follows December-November financial year, has added 7 stores during the last nine months in India, totalling to a network of 34 stores.

While, China had a sales of 3,225 million Swedish Krona during the June-August quarter of 2018, where it operates 522 stores.