Fashion Retail Brands In India

Uni Seoul, LiteStore plan 25 stores in one year, 500 across India in 5 yrs

Korean-inspired lifestyle brand Uni Seoul has partnered with LiteStore to open 25 new offline stores in a year and 500 nationwide in five years, targeting high streets and premium malls

India's fashion retailers face shortages as Bangladesh import curbs bite

Marks & Spencer, H&M, Zudio, and Lifestyle hit by delays after DGFT restricts garment imports to Kolkata, Nhava Sheva ports

magicpin fashion verticals clock 20% turnover at Rs 1,000 crore in FY25

Hyperlocal e-commerce firm magicpin reported a 20 per cent growth in gross merchandise value in its fashion vertical to Rs 1,000 crore following the addition of over 100 brands on its platform in 2024-2025, the company said on Friday. Following these additions, the company has expanded its fashion footprint to about 16,000 stores comprising more than 250 brands. "magicpin has been able to generate a Rs 1,000 crore revenue for over 250 fashion brands on its platform in fiscal year 2025. It is about 20 per cent YoY GMV growth for our fashion segement," magicpin CXO, Enterprise Brands, Naman Mawandia, said in a statement. He said the company in the last 12 months added 6,000 fashion stores across 100 brands, taking the number to 16,000 -- comprising 250 fashion brands -- live on the platform across 20 cities in the country. The company said major brands, including Puma, US Polo, Van Heusen, Pepe Jeans, Wrogn, Titan World, Shoppers Stop, Lifestyle, Pantaloons, Being Human, Jack & ...

Nykaa expects strong growth in Q4 FY25, beauty vertical leads charge

The company's revenue growth for FY25 is also expected to be in the mid-20 per cent range

Shein India data to stay local, to sell Reliance Retail-made products

The new Shein India app, which went live last Friday, has products which are manufactured, marketed and sold only by Nextgen Fast Fashion, a fully owned subsidiary of Reliance Retail Ventures Ltd. Nextgen manufactures these products on the Shein India platform through a wide network of Indian manufacturers, in which most of which are MSMEs (micro, small and medium enterprises), according to an industry insider. Shein has re-entered the Indian market almost five years after its ban through the country's leading retailer Reliance Retail. The new Shein Platform is built and hosted in India and its ownership and control will always remain with Reliance Retail, he said. Shein India Fast Fashion App from Reliance Retail currently has over 10,000 downloads on Google's Play Store and is ranked among the top 10 among peers on Apple's store. There is no equity ownership of Shein in the Indian company and app Shein India has been developed by Reliance Retail and is hosted in the country. The

V2 Retail aims for Rs 2,800 crore revenue; 250 stores in two years

Company aims for Rs 2,800 cr revenue, 250 stores in next two years

Fashion retailers may see up to 15% revenue growth in FY25: Report

Fashion retailers are likely to record revenue growth of up to 15 per cent in FY25 on the back of network expansion, according to a report by ratings agency Icra. The network expansion of fashion retailers would support revenue increases in the current fiscal year despite inflationary headwinds, said Icra, while giving a "stable outlook" on the fashion retail segment. "The operating profit margin (OPM) of its sample set of companies is likely to remain in the range of 13-14 per cent in FY2025. This is despite a robust 14-15 per cent YoY (Year-on-Year) revenue growth estimated for the year, supported by network expansion," it said. Icra expects fashion retailers to report marginal sequential sales growth in Q2 FY2025, especially with the shift from the festive season to Q3 this year. "The revenue growth is likely to pick up during the festive season, which coupled with regular network expansion, is expected to result in a 14-15 per cent YoY revenue expansion in FY2025," it said. Th

Value fashion retailer Baazar Style raises Rs 250 cr from anchor investors

Value fashion retailer Baazar Style Retail Ltd on Thursday said it has collected Rs 250 crore from anchor investors, a day before its initial share-sale opening for public subscription. Ashoka India Equity Investment Trust Plc, Volrado Venture Partners Fund IV Gamma, HSBC Global Investment Funds, Allianz Global Investors Fund, Al Mehwar Commercial Investments LLC, HDFC Mutual Fund (MF), HSBC MF, Bandhan MF and Bajaj Allianz Life Insurance Company are among the anchor investors, according to a circular uploaded on the BSE website. The company has allotted 64.29 lakh equity shares to 28 funds at Rs 389 apiece, aggregating the transaction size to Rs 250.1 crore, the data showed. The Rs 835-crore initial public offering (IPO) will open for subscription on August 30 and conclude on September 3. The price band has been fixed at Rs 370-389 per share. The proposed IPO is a combination of a fresh issue of equity shares worth Rs 148 crore and an offer for sale (OFS) of up to 1.76 crore value

Fashion retailer Trent shares jumps over 3% ahead of Nifty rejig

Trent's addition to Nifty will take the total count of Tata group stocks in the 50-share index to six

25 global retail brands likely to enter India in 2024: Real estate analysts

Trend will strengthen demand for commercial property in the country's major cities, they say

Asics expects India to be its fastest-growing market in Southeast Asia

The Japanese sporting goods company Asics is aiming to double its number of stores and open its first exclusive store in the country in the country by 2026

France's fashion group SMCP strikes deal with Reliance to expand into India

Reliance Brands, a subsidiary of Ambani's Reliance Retail, has partnership deals with dozens of high-end European and American labels, including Bottega Veneta, Burberry, Valentino and Tiffany

Nykaa trades lower for 8th straight day, down 11%; stock nears record low

The stock was down 2 per cent so far today and quoted close to its record low level of Rs 120.75, touched on January 23, 2023.

Offline, online sales soar as shoppers clamour for best Black Friday deals

Retail brands and malls expect sales to grow by as much as 50% this time over the 2019 figures, when Black Friday as a concept began gaining momentum in India

In-store sales back in vogue: Apparel retailers see record revenues in Q2

Aditya Birla Fashion and Retail, Trent, Shoppers Stop, Arvind Lifestyle, and TCNS Clothing Company saw their revenues hitting an all-time high in the September quarter

Fashion retailer V-Mart Retail to acquire online marketplace LimeRoad

Fashion retailer V-Mart Retail Ltd on Monday said it will acquire online marketplace LimeRoad, in a move which will help the company expand its presence in the omni-channel space. The company has signed a "business transfer agreement with A M Marketplaces (LimeRoad) and certain other parties for the acquisition of its LimeRoad business as a going concern on a slump sale basis," said V-Mart Retail in a regulatory filing. Over the nature of consideration, V-Mart said: "for the acquisition of LimeRoad business, the company shall pay lump sum cash consideration of Rs 31.12 crore, which amount shall be subject to adjustments as mutually agreed between the parties." Moreover, V-Mart is also "acquiring assets worth Rs 14.61 crore and assuming current liabilities of Rs 36.26 crore", which shall be subject to adjustments as mutually agreed between them, it added. LimeRoad's net revenue in FY22 was Rs 69.31 crore. In a statement, V-Mart said: "Given the underlying strong unit economics post

Fabindia considers raising up to $1 billion via initial public offer

Fabindia, a retailer of artisan products and lifestyle items, is considering raising up to $1 billion through an initial public offering (IPO), according to people in the know of the development

Aditya Birla Fashion steps up presence in ethnic wear after Sabyasachi deal

Ties up with designer Tarun Tahiliani; second deal in a month

Digital queues to virtual trial rooms: Retail's answer to Covid-19

From digital queues to virtual trial rooms, retail stores are adopting new technologies to adapt to the post-Covid world, reports Sai Ishwar

Value-chain fashion retailers see a blip in business in 2019 amid slowdown

Future Group also has plans to invest Rs 350 crore to open 140 exclusive outlets in the next two years.