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Coronavirus unravels clothing supply chains, says GlobalData

Clothing supply chains are unravelling fast as the fallout from the novel coronavirus (COVID-19) outbreak hits retailers and manufacturers across the world, writes GlobalData. From initial concerns over the disruption to deliveries of clothing from China, where the outbreak began,...

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...

Daniel Kulle, former President of H&M North America, appointed as CEO of Forever 21

Authentic Brands Group (ABG), a global brand development, marketing, and entertainment company, announced the appointment of Daniel Kulle as the Chief Executive Officer of Forever 21. Kulle is a visionary, dynamic, and inspirational executive with over 20 years of experience...

‘Accessories specialists must target younger shoppers’

The outlook for the UK accessories market is bleak, with forecast growth of just 2.6 percent out to 2024, according to leading data and analytics company GlobalData. This makes it the worst performing category in the clothing sector. Kate Ormrod,...

H&M names Helena Helmersson Chief Executive Officer

After serving the company for over 20 years as Chairman of the board, Stefan Persson has decided not to stand for re-election at the AGM on May 7, 2020, paving way for current CEO Karl-Johan Persson to succeed him...

H&M India sales jump 42 pc to Rs 1,486 crore in 2019

Swedish fashion retailer Hennes & Mauritz (H&M) posted a 42.54 percent rise in sales in India to Rs 1,486 crore for the fiscal ended November 2019. The company had posted sales of around Rs 1,043 crore in 2018, the H&M...

H&M reveals collaboration with celebrated Indian designer Sabyasachi

H&M announced its first global collaboration with the iconic Indian label Sabyasachi, launching on April 16, 2020. The Sabyasachi x H&M collaboration themed ‘Wanderlust’ will present hand-crafted, eclectic travel pieces that will resonate with the modern global nomad wanting...

Retail in 2019: Sluggish consumption cramps growth

Consumer spends took a major hit in 2019, both in terms of purchase volumes and ticket sizes. Inevitably, overall retail leasing activity reduced drastically by as much as 35 percent in the top 7 cities alone. Seasonal discount shopping...

The ‘Dapper Man’ leads to rise of the occasion wear market in India

The rise in fashionable wear for men, along with increase in awareness related to dressing sense and looks, has propelled the participation of men in the fashion industry. These emerging fashion conscious men are expected to drive the occasion...

H&M is set to rent out its clothes for the first time

The first H&M store where fashion fans have the opportunity to rent some stunning garments, including bridal dresses has just opened in Stockholm. The H&Ms Sergels Torg store has been closed to customers for some major refurbishment, and new...
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Chandigarh witnessed impressive growth in home & kitchen sector on Amazon

The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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