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Flipkart invests Rs 260 crore in Arvind Fashions' arm
July 2020
Flipkart Group announced it has invested Rs 26 million to purchase a significant minority stake in Arvind Youth Brands, a subsidiary of Arvind Fashions (AFL).
Digitalisation is the only answer to fast-fashion
June 2018
President Alessandro Zucchi of Acimit has reiterated the inevitability of the digitalisation process regarding the entire textile industry.
Yoga fashion demand soars at Amazon
July 2017
E-commerce retailer Amazon India has witnessed increase in demand for yoga fashion merchandise from across the country. Around 40 per cent demand for yoga products is from urban cities like Mumbai, Delhi, Bengaluru and Hyderabad.
Shopclues trains weavers to ditch middleman
June 2017
E-commerce player Shopclues has joined hands with the Uttar Pradesh’s MSME Development Institute to impart training on online selling to traditional weavers and artisans in Varanasi.
Menswear market to hit $522 bn
February 2017
The global menswear market has been experiencing fast growth that has outpaced the womenswear market in recent years.
US retail industry in deep trouble
January 2017
The retail industry in the USA is already taking a major hit this year, with several retailers announcing massive closures and layoffs within the first few week of the year.
Bed Bath & Beyond acquires PMall.com
January 2017
Bed Bath & Beyond, one of the leading home textile retailers in the United States, has acquired PersonalizationMall.com (PMall.com) for approximately $190 million, an online retailer of personalised products.
DHL to strengthen India’s e-commerce sector
November 2016
DHL eCommerce, a division of the world’s leading logistics company, Deutsche Post DHL Group, is investing EUR70 million to strengthen its operations to meet the fast-growing demand for quality e-commerce logistics services in India.
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