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Neiman Marcus taps ex-Ralph Lauren executive as new CEO

Geoffroy Van Raemdonck, a retailer with mostly luxury brand experience, has been named CEO of the Neiman Marcus Group.Dallas-based Neiman Marcus said Friday in a filing that Karen Katz, 60, will retire as CEO on Feb 12 and then...

The power of consumer experience

The retail industry accounts for 10 per cent of India’s GDP and 8 per cent of the employment. It is expected to grow from US $600 billion in 2015 to almost US $1 trillion by 2020. A dynamic and...

Triumph Garments announces online venture Miway Fashion

In its constant endeavour to understand the needs and provide the demanding millennial generation with innovative design solutions without compromising on its fine quality, Triumph Garments has announced the launch of their new online venture – Miway Fashion. The newly...

Ralph Lauren appoints Patrice Louvet its new CEO

Ralph Lauren has appointed Patrice Louvet as its new President and Chief Executive Officer to oversee its ongoing turnaround strategy. Patrice Louvet, who most recently oversaw Procter & Gamble's global beauty business, will become CEO on July 17. His appointment...

Luxury Millennial Shoppers: Trends & Insights to Reach Luxury Millennial Consumers

In terms of online market share, Michael Kors, Ralph Lauren and Coach reign supreme; the three of them take 63.5 per cent of the share of online visits to the luxury apparel industry. Louise Vuitton, Gucci and Chanel are the...

Ralph Lauren to close flagship Fifth Avenue store, cut jobs

Upscale fashion retailer Ralph Lauren said Tuesday that it would cut jobs and shutter its Polo store on Fifth Avenue in New York City as it seeks cost savings amid a sputtering turnaround effort. The retailer said Tuesday in a...

17 most valuable retail luxury brands of the world

Recently, Interbrand released its 2016 Best Global Brands report identifying the world’s 100 most valuable brands. The Top 100 brands have a combined total of $1,796,384 million, an increase of 4.8 per cent from 2015. A division of Omnicom and...

Top retail trends of 2016 to watch out for

CONVERGENT POS The way customers prefer to pay is bound to change in 2016. Handheld point-of-sale (POS) systems with a cloud-based back-end have proven to be the device of choice by customers to make payments. They also result in more...

Tantra: Dressing Up a Bundle Of Joy

Today, The Trend Is Shifting From Buying Just Functional Kids’ Apparel To Known Branded Range. Images Business Of Fashion Sees How Brands And Retailers In Market Are Expanding Their Product Portfolio To Attract New Customers. What can be cuter than...
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How fashion brands are leveraging AI

From product design to marketing and virtual try-ons, here’s how the fashion majors are adopting AI in their businessTop...
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