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Flipkart Fashion Days see tremendous response from consumers during first 3 days of sale

Flipkart Fashion Days - a 9-day sale which is running from June 10 - June 18, got a successful start. The biggest attraction for shoppers has been the Brand Stock Exchange, where over 20 brands like Benetton, Puma, Fila,...

Future Lifestyle Fashions leads the pack of India's finest fashion retailers at IMAGES Fashion Awards 2017

Future Lifestyle Fashions Ltd led the honorees' list of outstanding achievers in Indian fashion retailing at the 17th Annual IMAGES Fashion Awards (IFA), India's biggest honours for fashion companies and professionals, in Mumbai on the evening of April 13, 2017. With...

Benetton rejigs top management as CEO resigns

Italian clothing group Benetton said in a statement on Wednesday that Tommaso Bruso would become Chief Operating Officer while Chief Executive Marco Airoldi - a former partner at Boston Consulting who took the helm at Benetton in 2104 -...

Here's why the garment industry is upbeat despite demonetization

One of the boldest moves taken by the Government of India in the history of Indian economy was the pulling out of circulation, high value currency notes - Rs 1,000 and Rs 500 - with effect from November 8, 2016...

#FlipTrends: Flipkart reveals how India shopped online in 2016

Indian e-commerce giant Flipkart has said it saw the highest number of shoppers on its platform coming from the National Capital Region this year. "The National Capital has again raced ahead of all with most number of shoppers taking to e-commerce,...

Jabong’s Sanjeev Mohanty joins Levi Strauss

Jabong's former CEO & Managing Director, Sanjeev Mohanty, has joined Levi Strauss & Co. as Managing Director of the firm’s South Asia operations. He is credited with building Benetton into the largest foreign fashion brand in the country during his 11-year stint with them. Mohanty...

The Digi-cal Future: Smart Stores for Smart Shoppers

Looking back over the last decade, it is clear that technology has become a large part of everyday life for the average consumer. Customers today are tech-savvy, and hence, technology has come to have a profound impact on retail. The...

Where are the profits in fashion retail?

With the emergence of new formats, distinct paths to sustainable profitability need to be crafted even as retailers in India face the Herculean task of reaching out to the customer through a combination of mobile, social and human connect. It is...

Flipkart invests Rs 338 crore in Myntra to take on competition

Flipkart has invested Rs 338 crore in online fashion store Myntra to boost its leadership in the fashion segment. Myntra has received the fresh round of funding when its rival Jabong is struggling. In September, the founders of Jabong –...

TECHIES AND TRANSFERS

Severalhigh-profile industry luminaries left established majors to either test new waters or to pursue a dream in 2015. Simultaneously, Silicon Valley seemingly became the preferred recruiting grounds for online entrepreneurs.Sanjeev Mohanty, after serving for over a decade as Managing...
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HUL expects improvement in FMCG demand with no price hike in short term

HUL has already completed the process of price correction in all portfolios in the last few quartersNew Delhi: Leading...
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