Myntra acquires 7 lakh new customers during EORS 12
Fashion e-commerce major Myntra acquired 7 lakh new customers during the recently concluded 12th edition of its ‘End of Reason Sale (EORS). The company saw
Category : Fashion
Arvind Fashion to Raise Capital
Arvind Fashions has seen its apparel brand sales drop during the lockdown and struggling to meet the operational costs, including payment of salaries to staff.
V2 Retail launches an online Portal named V2 Kart.com
V2 Retail has launched an online Portal named V2 Kart.com, for the customers providing the facility of the online purchase of the company’s products. V2
Resale market to see increased sale
The spread of the coronavirus has presented the vast majority of the fashion industry with uncertainty, as retailers had to close shop, fashion events were
THE TOP 10 EMERGING TRENDS
WHAT WILL BE THE NEW NORMAL FOR APPAREL INDUSTRY ? The average market capitalisation of apparel, fashion and luxury players dropped almost 40% between the
WHAT WILL BE THE FUTURE OF FASHION?
A POLL BY PERFECT SOURCING TEAM PERFECT SOURCING CONDUCTED A POLL on how the fashion industry will change in the times to come. The survey
Inditex 1Q20 sales drop limited to 44% despite up to 88% of stores closed
Online sales up 50% in 1Q20 and up 95% in April alone Group’s Executive Chairman Pablo Isla has unveiled the Group’s plan for 2020-2022, providing
H&M Looks at Online Growth in 2020
The H&M group’s net sales increased by 8 percent to SEK 54,948 m (51,015) in the first quarter. In local currencies, net sales increased by
FAST CHANGING DYNAMICS OF RETAIL IN THE US
US retail sales up a record 17.7% in a partial rebound. Americans are spending disproportionately more on essentials and less on luxuries. If there were
WHY PRIMARK DOES NOT WANT TO GO ONLINE UNLIKE COMPETITORS??
At Primark, a Dublin-based clothing retailer, giant lines formed to enter its stores after the lockdown got over. Many shoppers were eager to buy its