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Alpha Capital invests in women’s brand
Mumbai-based private investment firm Alpha Capital has invested Rs 80 crore in women’s ethnic and casual wear label Shree, whose owner SHR Lifestyles will spend the money to expand its reach in existing markets and penetrate new regions, especially in south India.
Fabindia opens experience centre in Delhi NCR
Fabindia Overseas Pvt Ltd has opened a flagship experience centre in Delhi NCR. The store features brand’s signature offering that includes dailywear and occasionwear for women, men and kids, accessories, home and lifestyle products, personal care and organic foods.
Raymond to reposition four major brands
Textile and apparel maker Raymond is repositioning its menswear brands even as it enhances product portfolios. Apart from ceremonial and ethnic wear, a range of accessories and footwear offerings will be added across the four brands—Raymond brand of ready-to-wear apparels, Park Avenue, ColorPlus and Parx—over a period of time.
Taking Jashn to greater heights
Rahul Jashnani succeeded the flagship initiated by his father CK Jashnani with Modern Silk House in Lucknow. Born in Mumbai, Rahul studied in St Francis College & HR College of Commerce and Economics. His father, CK Jashnani, has been a major source of influence in his career. In 2003, Jashn carved a niche for itself in fashionable ethnic wear. Its inimitable designs have rocked the celebrity world and Indian and international fashion scene. Earlier, they faced difficulties, as more talent and funds were needed to scale the business.
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