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Sanjay Vakharia

Why is denim becoming a big business in India?

The Indian denim market that was $6.15 billion in FY23 is expected to grow at 10%-12% CAGR on the back of various factors including growing consumer preference for the fabricBengaluru: The Denim category in India has experienced a surge over...

Recovery only after Q2 FY2025: Retailers

While retailers are hopeful festivals may spark some demand, they expect the slowdown to end only after September 2024 i.e. Q2 FY 2025New Delhi: A rebound for retail businesses in India—which is currently reeling under a substantial slowdown—could only...

Denimwear major Spykar to add 40 stores by FY2025

Most of the new Spykar stores will be franchise-runNew Delhi: Mumbai-based homegrown denim company Spykar Lifestyles Pvt. Ltd., which runs eponymous retail stores, plans to add 40 outlets in the financial year 2024-2025, a top executive told IndiaRetailing.“We will...

Fashion brand icons: Sanjay Vakharia of Spykar Lifestyles

IndiaRetailing brings you a series in which we highlight the brand icons in India’s thriving fashion and lifestyle industry. Today, the spotlight is on Sanjay VakhariaNew Delhi: No business can survive for long without a vision; even if it does,...

Unlock 2.0: Retail challenges and solutions in corona times

Two months after enforcing the Coronavirus-led lockdown, the government of India eased some restrictions and markets have gradually started re-opening in different parts of the nation. But although malls and stores have started re-opening, consumer sentiment is still cautious and...

Reopening of stores symbolic; soon firms will find it difficult to meet fin obligations: Spykar

The reopening of stores are just symbolic as it would take time for business to normalise, and without government support many companies will find it difficult to meet financial obligations, according to Spykar Lifestyles. According to a PTI report: The...

Apparel retailers likely to offer huge discounts after lifting of lockdown

Apparel retailers are expected to offer large-scale discounts to clear old stocks and also perk up consumer sentiments once the lockdown is lifted, according to industry players. According to a PTI report: A series of lockdowns around the world has...

Lockdown: Fashion retailers seek govt support as many stare at insolvency; millions of jobs at risk

Fashion retailers on Monday sought government support to ease fund flow and to compensate for essential expenses like vendor payments, rents and salaries, saying many players stare at insolvency and recovery from COVID-19 will be a long and arduous...

Budget 2020: Wishlist of Indian retail titans

Budget 2020-21 is just around the corner and retailers have pinned high hopes that the new policies will have a positive impact on the retail market. The retail industry expects the Budget 2020 to revive consumption and spur demand. Apart...

Jackets: Exploring an emerging market

Over the years, jackets have evolved parallel to the preferences of the modern Indian consumer. In contrast to times gone by, modern jackets are bulk-free and comfortable, with multi-utility features which make them the numero uno choice among all...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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