The government has permitted Adidas to operate fully-owned single-brand retail stores as well as cash-and-carry wholesale business under a single entity in India. Reebok India, owned by German sportswear major Adidas, will submit an application with the Department of Industrial Policy & Promotion (DIPP) for setting up fully-owned flagship stores in the country. The application […]
Trifli Technologies has launched Vetro Power. First of its kind, Vetro Power is a nanotechnology-enabled spray that provides a protective coating for footwear, banishing all your shoe woes. Vetro Power is a spray that creates an invisible, hydrophobic (water repellant) and self-cleaning silicon dioxide coating, which makes surfaces practically waterproof and stain-proof. Any accidental spills […]
Amazon is unveiling its first branded cargo plane, one of 40 jetliners that will make up the e-commerce giant’s own air transportation network as it takes more control of its delivery process. The latest push to speed delivery of its products comes as the company ships an increasing number of packages worldwide. Amazon’s parcel volume […]
Bata will slow down expansion of its own store network and hand out more franchises to tap into rural and semi-urban markets. This is something we have never done before, referring to the plan. Currently, all our stores are company-owned. Rajeev Gopalakrishnan, managing director and chief executive officer of Bata. Bata, which has at least […]
Flipkart’s fashion and lifestyle products subsidiary Myntra has announced the addition of two new international brands — TOMS and Meters/bonwe — on its platform. TOMS was launched 10 years ago with the iconic canvas slip-on called the Alpargata and is expanding into new shoe silhouettes and product categories. Meters/bonwe group has established itself as a […]
India’s leather exports fell 10 per cent in dollar terms in 2015-16 compared with 2014-15. The industry had achieved a cumulative annual growth rate of 13 per cent for five years till last fiscal. The fall in leather exports in FY16 was on account of slowdown in the EU, a major export destination for Indian […]
Almost half of all Indian internet users will be from rural areas in 2020, according to a recent article by The Boston Consulting Group (BCG). The number of connected individuals in rural India is expected to grow from 120 million in 2015 to roughly 315 million by 2020, an average increase of 30% per year. […]
In partnership with Sequential Brands Group and Camuto Group, Jessica Simpson has launched a collection of performance footwear as part of her athleisure line, The Warm Up. The footwear line features modern, feminine designs and, in line with the apparel, touts a focus on technical attributes. The offering boasts lightweight, flexible constructions, breathable linings, mesh, […]
Calvin Klein has appointed Raf Simons as chief creative officer, filling the vacant position left by Francisco Costa in April. The brand and Simons have been unable to make any announcement due to the year-long non-compete clause in Simons’s Christian Dior contract that came to an end last month. “The arrival of Raf Simons as […]
California-based K-Swiss has unveiled its Modern Court collection, a series of premium court shoes targeting millennials. Infused with the heritage of the American tennis brand’s iconic DNA and produced in Portugal from rich leathers, Modern Court is designed for everyday wear. The collection’s tagline is “Dress Like You Made It.” The shoes will be available […]
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