The European Union has introduced new rules to stop companies from destroying unsold apparel, clothing accessories, and footwear, aiming to cut waste and carbon emissions. Currently, an estimated 4-9% of unsold textiles are destroyed, generating around 5.6 million tonnes of CO₂ annually. Under the Ecodesign for Sustainable Products Regulation (ESPR), large companies will face a […]
Sportswear giant Puma has tapped Ramprasad Sridharan as its new managing director for India, effective December. He will report to Puma’s chief commercial officer, Matthias Bäumer. Sridharan brings over 25 years of brand-building experience across the Asia-Pacific region, with a career spanning leadership roles at United Colors of Benetton India, Reebok India and Clarks. Known […]
Renowned European footwear brand bugatti has officially entered Mumbai with the opening of its first-ever store in the city at Sky City Mall, Borivali on 5th September. Spanning over 1,000 square feet, the new outlet marks a significant step in bugatti’s retail expansion across India, bringing its signature blend of style, comfort, and European craftsmanship to Mumbai’s fashion-conscious shoppers. The […]
It’s been seven years since Superkicks first disrupted the retail landscape in Mumbai with the launch of their first store in Khar, marking a pivotal moment in India’s streetwear story. Now, Superkicks Mumbai has moved to a bigger space, starting an exciting new chapter. This new Mumbai flagship store is all set to be a dynamic cultural […]
Company to Remain Founder-Led and Focused on Growth, Innovation, and Comfort-Driven Footwear LOS ANGELES & NEW YORK – [May 5, 2025] – Skechers U.S.A., Inc. (NYSE: SKX), a Fortune 500 company and the world’s third-largest footwear brand, today announced it has entered into a definitive agreement to be acquired by global investment firm 3G Capital in an all-cash […]
AstorMueller AG, the Switzerland based renowned European footwear major that manages brands like bugatti, TT.BAGATT and Salamander has announced the formation of its Indian joint venture, nuvora. This strategic restructuring comes as part of AstorMueller’s broader push to make India one of its largest markets. Designed to accelerate market penetration and strengthen brand presence, it […]
Global sportswear giants like Nike and Adidas could face a major setback as the U.S. government considers imposing tariffs on Vietnamese imports, potentially shaking up their supply chains and pricing strategies. Vietnam has become a key manufacturing hub for sports apparel, with Nike producing half of its footwear and over a quarter of its apparel […]
With the launch, the brand aspires to create a One-Stop Shop for footwear shopping by exhibiting over 3,000 styles and 100 brands under one roof New Delhi, 12th March 2025: In a bid to mark a new milestone in footwear shopping, Red Chief has launched a new brand ZUUP, to enter the footwear market. The brand launched […]
Online Deliveries Begin March 1, Mega Stores to Follow New Delhi: Swedish home furnishings giant IKEA is set to deepen its presence in North India with the launch of online delivery services across Delhi-NCR and nine other cities starting March 1. The company, which entered the Indian market nearly seven years ago, is now shifting focus […]
Metro Brands Ltd. has declared an interim dividend of Rs 3 per share, along with a special dividend of Rs 14.5 per share for the financial year 2024-25, bringing the total dividend payout to Rs 17.5 per share. According to the company’s exchange filing, the board of directors approved an interim dividend of Rs 3.00 […]
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