American lifestyle retailer Abercrombie & Fitch Co. on Thursday announced a multi-year franchise partnership with Myntra Jabong, the business-to-business wholesale arm of fashion and lifestyle e-commerce platform Myntra. The collaboration aims to expand Abercrombie & Fitch's retail presence in India through physical stores and e-commerce platforms, enhancing its brand reach in the region. "Over the life of the franchise agreement, Myntra Jabong will build a brick-and-mortar retail store presence in the country, regional e-commerce sites and branded digital storefronts operated by a network of licensed and independent third parties," a company statement said. Abercrombie & Fitch Co. CEO Fran Horowitz expressed enthusiasm about engaging with Indian customers and said India is an incredibly dynamic and diverse market where the brand sees "tremendous long-term potential". Store presence will be built starting from top metros, including Delhi and Mumbai, which would be among ...
US Polo Assn's collection is now live on Zepto, featuring a curated selection of classic polos and casualwear, allowing users to enjoy iconic fashion delivered within minutes
Online fashion retail brand KingsCraft Online Brands on Friday said it is eyeing Rs 50 crore revenue from its newly launched e-commerce platform Underrated Club in this fiscal. The Pune-based company, which started operations this year, also said it is looking to venture into offline segments as well with plans to set up 50 fashion retail stores across Tier-I cities under the new platform by March next year. Bootstrapped with an investment of Rs 8 crore, the company has strategically positioned Underrated Club as a key player in the affordable luxury streetwear segment, it said. "At URC (Underrated Club), we are redefining streetwear by combining innovation and sustainability," Abhishek Teri, Co-founder of Underrated Club, said. Underrated Club is set to expand its reach through a robust online presence and partnerships with plans to tie up with leading e-commerce platforms and establish a physical presence through retail partnerships, pop-up stores, and flagship stores in key ...
The brokerage downgraded the stock to ADD and revised its target price to Rs 165 from Rs 210
Nykaa is anticipated to record an 11% YoY increase in its fashion revenue while Zomato is expected to have outperformed the majority of QSRs
Partnership will offer international brands in apparel, accessories, and footwear
Agitation part of global campaign against e-commerce firm
The FSN E-Commerce Ventures, that runs the fashion and beauty platform Nykaa, announced the resignation of its chief financial officer (CFO) Arvind Agarwal today on November 22
Aditya Birla Fashion and Retail, Trent, Shoppers Stop, Arvind Lifestyle, and TCNS Clothing Company saw their revenues hitting an all-time high in the September quarter
Crypto, personal care, and fashion most violative categories indulging in dark patterns
Selling pressure from pre-IPO investors feared in four start-ups this month
Nykaa has already expanded to 15 cities, not states. Ergo fulfilment costs are already down. Distance from warehouse to customer has therefore, shrunk
Revenue for the quarter was up 39% YoY to Rs 1,230.8 crore
The brand caters to requirements of sports and fitness enthusiasts
This is another step for the firm towards strengthening its position as one of the leading fashion, beauty, and lifestyle brands in the country
The Walmart-owned firm said it has democratised fashion in India and now 40% of new shoppers are exploring its e-commerce platform for the first time through the fashion category
Online fashion industry witnessed an order volume growth of 51 per cent and GMV increase of 45 per cent in FY21 as compared to the previous financial year, a report by Unicommerce said on Thursday.
According to the "Fashion E-commerce Report" by Unicommerce, another interesting trend was that online fashion gained prominence in tier-2 and tier-3 cities
With a view to have its presence outside India and to explore business opportunities abroad, the company had strategically invested in Myntra Inc., USA.
Myntra's research identified high levels of potential channels across the globe offering significant opportunities in the online fashion segment