Fashion Industry

Purple Style Labs bets IPO on India's booming luxury wedding market

Founder Abhishek Agarwal is steering the Pernia's Pop-Up Shop parent away from mass discretionary spending and towards a narrower, wealthier customer base

Keep global outlook, stay rooted in our culture: Prez Murmu to NIFT grads

Asserting that fashion technology has immense potential to enhance India's global footprint, President Droupadi Murmu on Monday urged students to seize this opportunity and maintain a global outlook while being firmly connected to Indian cultural roots. Addressing the combined convocation ceremony of 18 National Institute of Fashion Technology (NIFT) Campuses here, she said that today, the country is expanding its role on the global stage with far greater confidence than ever before. Fashion technology is also a field with immense potential to enhance India's global footprint, the President said while urging graduating students to seize this opportunity. The President said that in this endeavour, students should maintain "a global outlook while remaining firmly connected to their roots and the core values of our culture". By doing so, they will not only become successful professionals but also contribute to the preservation and enrichment of India's cultural heritage. She also said

Purple Style Labs sets price band, eyes ₹4,604 crore IPO valuation

The company will raise up to ₹680 crore in a fresh issue to fund lease liabilities, marketing and expansion, with the offer opening on August 31 and closing on September 2

From sports to protest, the surprisingly political history of hoodie

From medieval hoods and sportswear to hip-hop, street culture and political protest, the hoodie has evolved into a garment shaped by race, power, policing and identity

Beyond the kurta: Why ethnic-wear brands are chasing the western wardrobe

For decades, Fabindia's identity has been closely tied to kurtas, handwoven fabrics, Indian craft. With Fabels, it is asking whether that identity can travel into a very different part of the wardrobe

Why Flipkart is giving up commission to win more of India's fashion sellers

By removing commission across all fashion price points, Flipkart is betting that better seller economics will bring more brands, products, and shoppers to its platform

Flipkart expands zero-commission policy for sellers across fashion category

The move will benefit about 90,000 fashion sellers by removing commissions across all price points, months after Amazon India cut seller fees to attract more merchants

A historic heat wave catches Europe's fashion industry unprepared

As a historic heat wave gripped Paris this week, fashion houses tried to keep their guests cool with ice packs, mist machines and iced Evian on silver platters. It wasn't enough: some venues still sweltered, water ran short and air conditioning was absent or inadequate. Then they sent their models down the runway in leather, neoprene and wool. That was the contradiction at Paris Fashion Week Men's, where a heat wave turned spring-summer fashion into a test of whether luxury can dress - or act - for the warming world it claims to address. "I honestly thought I was going to pass out," said Ben Freeman, a London-based fashion critic from Australia. Some in the front row said Paris may have to consider moving fashion week away from the height of summer if climate change keeps bringing more frequent and intense heat waves. "I don't know how the models did it this week in some of the leather and knit coats," said fashion student Thomas Levy, 24, outside one show. "The heat rarely seem

Valentino Garavani, leading Italian fashion designer, dies at 93

Valentino one of Italys leading fashion designers died on Monday at his Roman residence his foundation announced. He was 93 years old

Biba targets 15-20% annual growth as ethnic wear demand revives

Managing Director Sidharth Bindra says Biba has turned profitable since July and will expand rapidly, adding 100 stores next year amid rising festive demand

Nykaa's faster growth keeps Street bullish, but valuations rich too

Nykaa Fashion may have gained market share even if growth has been slower than in BPC

Giorgio Armani's Will directs heirs to sell majority stake, consider IPO

The late designer's will calls for an initial 15 per cent sale within 18 months, followed by up to 54.9 per cent more in 3-5 years

As Giorgio Armani passes away, a look at the legacy of the king of fashion

Giorgio Armani, the Italian designer who turned minimalist suits into global status symbols and built a multibillion-dollar fashion empire, died in Milan aged 91

CMAI warns GST hike on apparel above ₹2,500 to be 'death knell' for sector

CMAI has opposed reports of a GST hike on garments above ₹2,500 to 18%, warning it will hurt middle-class consumers, traditional crafts and an industry hit by tariff wars

High valuation caps Nykaa's upside despite strong Q1 and margin gains

Nykaa posts 23% revenue growth and margin expansion, but lofty valuations may limit further stock gains

Parliament panel calls for global promotion of Indian leather products

Parliamentary panel recommends promoting 'Make in India' for traditional leather products to safeguard artisans, citing the Kolhapuri chappals imitation case

Relais & Châteaux adds Jaipur's Sarvato, eyes growth in new states

French hospitality group identifies 40 properties for expansion in India as Sarvato in Jaipur becomes its latest addition, boosting its presence in the country

Nykaa sees stable BPC, improved fashion growth; eyes 7.5% EBITDA margin

With growth steady in beauty and improving in fashion, Nykaa targets stronger margins, offline expansion, and breakeven in fashion by FY26, say analysts

Kolhapuri chappals, Prada style: Homage or cultural appropriation?

Cultural appropriation in fashion is nothing new, but how should one see it - as homage or blatant robbery?

Slowing growth and high valuations weigh on Trent stock performance

Trent shares fall 12% on weak Q1 growth; brokerages cite valuation mismatch, slowing momentum in fashion, and downgrade targets despite optimism on new verticals