Courtesy: KBS Fashion Group Limited KBS Fashion Group (KBSF), a leading menswear company, has announced that its wholly-owned subsidiary Anhui Kaixin has formed a long-term strategic partnership with Hangzhou Yiyuan Apparel Co., Ltd (Yiyuan). The establishment of this partnership is one of the company's many efforts to expand its sales through the collaboration with Chinese regional brands. Yi Yuan is China's leading wholesale and retail brand in men's M5G down jackets. Given Kaixin's expert

Courtesy: ValentineBrand: Valentine Company: AshapuraIntimates Fashion Ltd. (AIFL) Location: Janata Industrial Estate, Lower Parel, Mumbai and Brahma Meander, Kharadi Bypass Road, Pune. Area: 2500 sq ft in Mumbai and 615 sq ft in Pune Product profile: The store display assortment ranging from playful child to the seductive young woman and from the mature mother to the perceptive older woman. The range includes casual clothing and relaxwear with loungewear, sleepwear, airportwear, beachwear,

It is expected that the retail sector in India is likely to touch 80 trillion by 2020, says a recent report from the Deloitte and Retailers’ Association of India. The increasing income levels and foreign direct investments in the consumer-related segments are the factors expected to lead to the growth. At present, the sector is valued at 50 trillion. Some of the other factors that are increasing the value of the Indian retail sector are the effective implementation of goods and services tax,

Courtesy: Perry Ellis Perry Ellis International has signed a license agreement for the Laundry by Shelli Segal brand with Thread Collective, awarding rights to design and distribute Laundry by Shelli Segal sportswear product such as skirts, shirts, pants, sweaters and jackets for women in the US, Canada and Mexico. The collection will be unveiled in Spring 2019. A leader in fashion, the Laundry by Shelli Segal brand has been setting trends and inspiring women for more than 25 years. The Lau

Courtesy: Christopher & Banks Corporation Christopher & Banks Corporation, a specialty women’s apparel retailer, has made progress on the strategic initiatives during the second quarter of fiscal 2018. The company earned net sales of $87.4 million, an increase of 0.9 per cent, while operating on average 462 stores, compared to $86.6 million in net sales during the second quarter of fiscal 2017.Gross margin rate was approximately flat at 28.5 per cent, as compared to last year’s second q

Courtesy: Dream AssemblyFarfetch, a global technology platform for the luxury fashion industry, has selected the first cohort of start-ups for its Dream Assembly programme. The 11 companies were selected from targeted applications from world over. The programme was unveiled in April to provide mentorship, knowledge, networking opportunities and early-stage funding to start-ups. Stephanie Phair, chief strategy officer of Farfetch, said: “We were delighted by the response from so many incredib

Courtesy: Bottega Veneta/ Genesis Colors Limited Reliance Retail Ventures Limited (RRVL), a subsidiary of the Reliance Industries Limited, has purchased 16.31 per cent equity holding in Genesis Colors Limited (GCL) for a consideration of 34.80 crore. This stake purchase is in addition to 49.46 per cent equity holding in GCL held by the Reliance Brands Limited (RBL), a subsidiary of RRVL. Now, the aggregate equity shareholding of RRVL and RBL in GCL stands at 65.77 per cent, Reliance said in

Fibre2Fashion, the leading portal offering multi-dimensional services to the global textile, apparel and fashion industry, is organising a webinar on ‘How athleisure will shape the future of apparel’ on September 20, 2018. The webinar, covering a lot of important aspects of fashion-meets-function athleisure, will be held at 4 p.m. Indian Standard Time (IST). Focusing on how the market is anticipated to witness momentous shifts in the upcoming years, this exclusive webinar will shed light on h

The Cato Corporation has seen strong merchandise margins in the second quarter of fiscal 2018 with net income of $6.5 million or $.26 per diluted share as against a net loss of $0.9 million or a loss of $.03 per diluted share in the second quarter of 2017. Sales were 206.8 million, or an increase of 1 per cent from $205.0 million during 2017 second quarter. "We had a solid performance in the second quarter and first half of 2018 mainly due to positive same-store sales and strong merchandise m

Courtesy: Gap Inc In the second quarter of fiscal 2018, the net sales of Gap, a leading global retailer of clothes and accessories, have been recorded at $4.1 billion, an increase of 8 per cent compared with last year. Excluding the presentation changes from the adoption of the new revenue recognition standard, net sales went up 4 per cent compared with last year. The company registered gross profit of $1.63 billion during the reported period, an increase of 10 per cent compared with last ye