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FASHION RETAIL REALIGNMENT
Old shopping funnel is gone: Gen Z is rewriting rules of retailGen Z is rapidly reshaping India’s online retail market, forcing brands and platforms to rethink traditional marketing strategies. Nearly h...- Lusting for lasting in instant age: Why consumers are choosing forever over fastToday's consumers are embracing a more sustainable mindset, steering clear of throwaway items in favor of possessions that stand the test o...
- Indian wear business slows down in times of fast fashionBestseller is closing its Indian ethnic wear brand Indifusion due to poor sales and shifting consumer trends. The company, known for wester...
- Aditya Birla Fashion shares zoom 10% on demerger newsABFRL shares surged 10% on BSE as plans for Madura Fashion & Lifestyle's demerger into a separate entity were disclosed. The move aims to c...
- Aditya Birla group considers demerger of Madura Fashion & Lifestyle into separate listed companyAditya Birla Fashion and Retail Ltd. (ABFRL) announced on Monday its intention to assess the vertical demerger of its Madura Fashion & Life...
- Aditya Birla Fashion to demerge lifestyle business, list it on exchangesThe proposed demerger and subsequent listing will enable the companies function as independent growth engines with distinct capital structu...
- Nykaa Q2 net profit jumps 50% to Rs 7.8 crore, operational revenue rises 22%The omnichannel retailer’s beauty and personal care (BPC) unit continued to be the biggest contributor to its revenue from operations, brin...
- Six executives quit Nykaa, CEO Falguni Nayar to spearhead marketing"Leadership roles are being augmented with an eye on strategic realignment, cost rationalization and growing complexity of the business," N...
- Leadership rejig to aid strategic realignment, says Nykaa as key executives quitThe company further said it roped in Rozita Nouruzi as the CEO of Nysaa, its omnichannel beauty business in partnership with the Apparel Gr...
- Myntra’s Mukesh Bansal to play a larger role at Flipkart after reshuffleEmployees at the Bengaluru company were informed about these changes in an email on Monday morning sent by founders Sachin Bansal and Binny...
- Restructuring of business done to give clarity to investors: Kishore Biyani, Future Group"There are many opportunities out of investment which can help us raise money. Every business can look at raising capital, if it is require...
- Tax-hit Megamart to shed discount tagSanjay Lalbhai is taking the discount tag off Megamart, an apparel retailer fully owned by Arvind Ltd, after a recent excise tax eroded pro...
- Pantaloon Retail, Trent on a re-structuring driveFuture Group and Tata's Trent are on a restructuring drive aiming efficiency in operations.
- Gokaldas Exports eyes mega Wal-Mart contractWal-Mart Stores Inc is expected to land a six million pieces annual order while making it one of the largest clients for the Bangalore base...
- 'We try to make fashion more accessible'In an interview with ET, Atul Chand, Chief Executive, ITC lifestyle, outlines the strategy to take the business to the next level.
- Pantaloon to float SPV for global fundsPantaloon Retail, the listed retail entity belonging to Kishore Biyani-led Future Group, is floating an FDI-compliant special purpose vehic...
- Pantaloon to realign companies, raise Rs 1,500 cr in 2 monthsKishore Biyani's Pantaloon Retail India intends to complete in the next two months legalities for its ambitious plans of raising Rs 1,500 c...
- Pantaloon Retail to raise Rs 1,500 cr, set up multiple armsKishore Biyani-promoted Pantaloon Retail India Ltd plans to raise about Rs 1,500 crore through a mix of preferential allotment of shares to...
- Pantaloon Retail to raise Rs 1,500 cr, set up multiple armsKishore Biyani-promoted Pantaloon Retail India Ltd plans to raise about Rs 1,500 crore through a mix of preferential allotment of shares to...
- Madura Garments lines up two-way splitAV Birla Group (AVB) is set to split Madura Garments, the country’s largest branded apparel business, into two separate companies. AVB woul...
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