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Myntra eyes 3 million shoppers, expects tier-II, III markets to contribute over 40 pc of EORS sales

Indiaretailing Bureau -
Fashion e-tailer Myntra on Monday said it expects about 3 million people to shop on its platform during its End of Reason Sale (EORS), slated for later this month, and tier-II and tier-III markets to contribute over 40 percent...
Fashion

Simon Property sues Gap over unpaid rent

Indiaretailing Bureau -
Simon Property Group is suing Gap as the fashion retailer failed to pay more than US$ 65.9 million in rent and other charges due during the coronavirus pandemic. In late April, Gap stopped paying rent on its temporarily shuttered stores,...
Fashion

Virtual trial rooms, AI fitting tools are the future of fashion retail

Shivam Gautom -
As lockdown restrictions are eased and the retail fraternity is getting ready to reopen stores and welcome back shoppers, the focus has shifted towards trial rooms. Trial rooms are a huge advantage that the brick-and-mortar stores have over e-commerce,...
Fashion

COVID-19: The impact of the coronavirus pandemic on global fashion retail

Shivam Gautom -
The global textile and fashion industry was one of the worst hit sector by the ongoing coronavirus pandemic. Since its outbreak in December 2019 in China, we have seen retailers progressively closing doors as the global spread of the...
International News

Coronavirus freezes consumer-driven US economy, testing retailers

Indiaretailing Bureau -
The coronavirus outbreak has transformed the US virtually overnight from a place of boundless consumerism to one suddenly constrained by nesting and social distancing.The crisis tests all retailers, leading to temporary store closures at companies like Apple and Nike,...
Fashion

Indian Online Kidswear Market: Comes out of infancy stage, registers growth

Indiaretailing Bureau -
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...
Fashion

'Convenience, accessibility and affordability catalysing e-commerce for kidswear'

IMAGES Business of Fashion -
The retail industry has undergone a significant transformation over the last decade, and it is continuing to evolve, according to Arun Sirdeshmukh, Business Head, Amazon Fashion. In a tête-à-tête with IMAGES Fashion Bureau, he talks about how online retail...
Fashion

Gap Inc. becomes thredUP's largest clean out distribution partner to date

Indiaretailing Bureau -
Gap Inc. announced a partnership with thredUP, the world’s largest fashion resale platform, to encourage customers to turn in secondhand clothes in exchange for shopping credit to be redeemed at Gap, Banana Republic, Athleta, or Janie and Jack. Gap Inc....
Research

Synergy between retail real estate and modern retail growth

Samantak Das -
India’s retail sector has been undergoing structural changes for the last two decades. Shopping malls, lined with specialty retailers, started dotting the retail markets of the country’s top cities during the mid-1990s. Since then, the ‘mall culture’ gradually pervaded...
Fashion

The swing towards casual wear

Baqar Naqvi -
Over the years, formal structures across various facets are being broken and new fluid ways are emerging as winners. Be it interpersonal relations, lifestyles, careers and job roles etc. this trend is visible all across. The new generation is...
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Fashion & LifestyleIndiaretailing Bureau -

American Sneaker brand Foot Locker to set foot in India

Foot Locker has tied up with Metro Brands Ltd. and Nykaa Fashion for its India entry. While Metro Brands...
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