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East India emerges as epicenter of modern retail activity

While India’s long term growth outlook remains intact, there is no denying the ongoing volatility in the market at this time. Across the industry sectors, 2019 has been a year of uncertainty and vulnerability due to the rise of...

16 retail fashion brands commit to sustainability

Sixteen retail fashion brands have signed the Su.Re (sustainability resolution) project launched by the Textile Ministry, IMG Reliance and Clothing Manufacturers Association Of India (CMAI).Textile Minister Smriti Irani launched the project, in association with the UN, on Thursday at...

Indian denim wear market growing at CAGR of 11 percent

With new technologies, trends and higher market reach, the denim sector has promising growth potential. Ashish Dhir, Associate Vice President, Fashion-Textile & Apparel and Saima Nigar-Associate Consultnat, Fashion-Textile & Apparel, Technopak, map the status of denims in India today.Indian...

Kishore Biyani reappointed as Future Retail MD for 3 years

Future Retail said Monday it has reappointed Kishore Biyani as its Managing Director and Rakesh Biyani as its Joint Managing Director for three years.According to a PTI report: The company's board in a meeting on Monday 'considered and approved...

Amazon in talks to buy 9.5 percent stake in Kishore Biyani-led Future Retail

Online retailer Amazon is in advanced stage of talks to buy around 9.5 percent stake in Kishore Biyani-led Future Retail, according to sources close to PTI.According to a PTI report: A final shape to an agreement between the two...

Future Retail Q2 profit rises 14 pc to Rs 175 crore

Future Retail Ltd (FRL) Wednesday reported 14.32 percent increase in standalone net profit at Rs 175.1 crore for the second quarter ended September 30, 2018.According to a PTI report: The company had reported a net profit of Rs 153.16...

Future Group partners with Vardhman to co-develop products for apparel biz

Future Group has partnered with fabric brand Vardhman to co-develop products for its apparel business and plans to launch 6-7 products every year. Future Group will use Vardhman's fabric for products being sold across its formats such as FBB,...

Future Group plans to invest Rs 350 crore to open 140 exclusive outlets

Kishore Biyani-led Future Group’s value fashion format fbb plans to invest Rs 350 crore to open about 140 exclusive outlets as it aims to double turnover in the next two years.According to a PTI report: At present, fbb retails...

Diljit Dosanjh becomes face of fashion brand fbb

Actor Diljit Dosanjh has been roped in as brand ambassador for the menswear of fbb, a fashion retail format from Future Group.He will promote the entire men's range -- casual, sports, ethnic, formal and party collection, read a statement...

fbb to introduce ‘Watch Now, Buy Now’ fashion event

fbb, the fashion destination of Future Group, is launching India’s first ever 'Watch Now, Buy Now' fashion event on April 06, 2018. This is a first of its kind event where shoppers can watch the models walk the ramp...
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Footwear brand Trase reacquired from Upscalio, raises $0.5mn

Trase was acquired by Upscalio in 2021 as part of its strategy to build a diversified portfolio of brands...
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