Indian Clothing League has raised Rs 50 crore funding from mid-market private equity fund ASK Pravi PE Opportunities Fund to carry out its manufacturing and retail expansion plans
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Arvind Goodhill Suit Manufacturing (P) Ltd, a joint venture between Arvind Ltd and Goodhill Corporation of Japan, announced launch of formal suits very recently.
Sisley debuted its new concept store in Berlin, the first-of-its-kind worldwide. The shop, at 12 Neue Schönauser Strasse, is in a highly prestigious location among some of the most exciting retailers in the citys Mitte neighbourhood: 14 oz and The Kooples.
Womens western wear accounts for 25 per cent of the Rs 78,500 crore womens wear market, as per a 2012 report by consulting firm Technopak Advisors.
The Indian weaves are gradually gaining momentum not only on the global fashion map but also among fashionistas within the country.
In a continuous effort to promote wool as a trans-seasonal fibre in India, The Woolmark Company and Raymond have entered into a partnership to launch a complete new Cool Wool collection for Indian customers.
As per a study by CRISIL, online retailing – both direct and through marketplaces such as eBay – will triple to become a Rs 50,000 crore by 2016, growing at a whopping 50-55 percent per year over the next three years