Fashion Industry

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

Kolhapuri chappal row: PIL filed against Prada over summer collection

A PIL has been filed in Bombay HC against Prada for allegedly copying GI-tagged Kolhapuri chappals in its ₹1.2 lakh sandal line; petition seeks apology, compensation, and govt action on GI protection

How Anna Wintour reshaped fashion over 37 years at Vogue magazine

Wintour's departure from the US edition of the magazine is a big moment for the fashion industry - one which she has single-handedly changed forever

Prada admits Kolhapuri chappals inspired footwear collection after backlash

Prada has acknowledged that its Spring/Summer 2026 men's footwear line was inspired by India's traditional Kolhapuri chappals, following backlash over lack of credit to the original artisans

Nykaa seeks four-fold growth in fashion business, ebitda-breakeven by FY26

FSN E-Commerce Ventures expects strong margin gains and repeat business to help Nykaa Fashion achieve profitability, while brand GMV target for FY30 is set at Rs 6,000 crore

Value fashion retail finds its fit while premium struggles to measure up

Embroiders a strong edge with affordability, scale, and a shift to organised retail

Trent sets 25% growth target, to expand Zudio and new brand categories

Trent plans to grow its brand portfolio, expand store density, enter new categories like beauty and innerwear, and boost omnichannel presence, brokerages note

Nykaa's growth prospects are adequately captured in its stock price

Nykaa posted strong BPC performance in Q4 FY25, but regulatory risks and intense competition may slow margin expansion, with analysts seeing limited upside in its stock

Met Gala 2025: Rihanna debuts pregnancy as stars dazzle in tailored looks

Fashion's biggest night returned to New York City on Monday, with the 2025 Met Gala celebrating Black menswear. Rihanna stole the spotlight with a surprise pregnancy reveal

Fast-fashion retailer Forever 21 files for bankruptcy, 2nd time in 6 yrs

The move likely means liquidation for the company, which was unable to find a buyer for its roughly 350 US stores