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20 YEARS ON, THIS MADE IN INDIA LUXURY BRAND IS FASHIONING A GLOBAL EMPIRE FOR ITSELF

After graduating from NIFT, Delhi, Sahil Malik decided to pursue a marketing course in London. There, he was fascinated by premium handbag stores — a sight alien in India at the time.“India didn’t have any premium women handbags brand stores TO READ MORE: https://yourstory.com/smbstory/da-milano-luxury-fashion-brand-women-handbags-accessories-new-delhi-business-entrepreneur/amp

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STORES MULL TERMINATION CONTRACTS WITH MALLS AS SALES DECLINE

Revenues of store owners at malls have taken a major hit with retail sector being impacted by partial partial lockdown and other restrictions imposed by the state administration. As per Economic Times, mall-owners have begun receiving contract termination TO READ MORE: http://dealersforyou.com/categories/insight/stores-mull-terminating-contracts-with-malls-as-sales-decline

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DEMAND FOR CASUAL WEAR SURGES AMID PANDEMIC

The demand for casual and comfortable clothing has gone up significantly, thanks to work-from-home (WFH) culture and curbs on going out amid the Covid pandemic. According to apparel makers, there is a huge transition from formal to casual wear. TO READ MORE: https://www.tribuneindia.com/news/business/demand-for-casual-wear-surges-amid-pandemic-251388

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SECOND WAVE OF CORONAVIRUS IN INDIA HAS LUXURY BRANDS STRUGGLING

How Indian supply chains came on the map The Indian luxury industry has grown steadily and remarkably at a consistent rate of 18-20% per annum since 2013. And as per a report by luxuryfacts.com, the industry’s growth presumption was estimated to stand TO READ MORE: https://m.timesofindia.com/life-style/fashion/buzz/second-wave-of-coronavirus-in-india-has-luxury-brands-struggling/articleshow/82614440.cms

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INDIA’S MENSWEAR MARKET A $34 BILLION OPPORTUNITY FOR BRANDS

Earlier restricted to staple products like jeans and polo shirts, Indian menswear market is currently bigger than women’s wear says a Vogue Business report. It’s estimated at $26 billion and forms 46 per cent of overall apparel sales. According to the Italian. TO READ MORE: http://dealersforyou.com/categories/news/apparel/india-s-menswear-market-a-34-billion-opportunity-for-brands

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APPAREL BRANDS LAUNCH NEW INITIATIVES, COLLECTIONS TO ATTRACT CUSTOMERS

To attract consumers, apparel and lifestyle brands have introduced a clutch of initiatives besides launching new comfortable clothing ranges and expanding online presence Label Ritu Kumar which has launched ‘Label Basics’ range to cater to demands TO READ MORE: http://dealersforyou.com/categories/news/apparel/apparel-brands-launch-new-initiatives-collections-to-attract-customers

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Cir No. 12 / C-2 / 2021 – FILING AND PAYMENT PERIOD OF ESI CONTRIBUTION OF APRIL EXTENDED UPTO 15TH JUNE 2021

Circulars Cir No. 12 / C-2 / 2021 Cir No. 12 / C-2 / 2021 12th May 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, We are enclosing herewith a Notice dated 12th May 2021 issued by the Office of the Employees State Insurance Corporation,  Ministry of Labour & Employment, New Delhi informing that the ESI...

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Cir No. 11 / C-2 / 2021 – FREE COUNSELLING SERVICES OFFERED BY TRRAIN

Circulars Cir No. 11 / C-2 / 2021 Cir No. 11 / C-2 / 2021 12th May 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, We would like to inform you that Trust for Retailers & Retail Associates of India (TRRAIN), Mumbai have opened their Counselling Feature from their own Circle to any and every...

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HIGH STREET FASHION BRANDS EYE ONLINE PLATFORMS; LOOK TO DRIVE SALES BY LAUNCHING #WFH RANGE

As the pandemic continues to ravage the lives of people, one of the biggest challenges for brick-and-mortar stores has been to regain footfall. Thus, in order to remain relevant apparel and lifestyle brands have introduced a clutch of initiatives TO READ MORE: https://www.financialexpress.com/brandwagon/high-street-fashion-brands-eye-online-platforms-look-to-drive-sales-by-launching-wfh-range/2245933/

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INDIA’S HIGH STREET RETAIL RENTALS DECLINE AMID COVID CRISIS

With Covid-19 wreaking havoc in the country, average monthly rentals across the key high street markets in top cities witnessed some corrections, according to data from Anarock Research. The Anarock data showed that the most expensive retail havoc in the country, average monthly rentals across the key high street markets in top cities witnessed some...

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