The private label businesses of Amazon and Walmart-owned Flipkart may come under regulatory lens, following fresh guidelines issued to e-commerce companies. The government's directive prohibits entities with equity participation in e-commerce marketplaces from selling products on its platform. The norms […]

New York – UK’s men’s fashion company Greenwoods closed for good after going into administration in September. Founded in Bradford in 1860, it grew to have stores across the UK selling suits, shirts and jackets. Greenwoods went into administration in September, being saved by Stockport-based Versatile […]

High Street Essentials Pvt. Ltd., an Indian online fashion brand for women that runs FabAlley and Indya, has announced it has recently raised circa 8.5 million dollars (Rs 60 crore) in a fresh funding round from SAIF Partners. The round also includes a partial secondary share sale by Indian Angel Network, […]

New York - A recent report forecasts the global yoga apparel market to grow at a CAGR of over 6 percent during the next five years. Technavio analysts forecast the global yoga apparel market to grow at a CAGR of over 6 percent during the 2019-2023 period. The increasing popularity of customized yoga […]

New York - Hollywood’s sartorial haven Carroll & Co. to close after seventy years trading. The Beverly Hills’s store, known for its conservative style for politicians, professionals and celebrities is planning to close at the end of January. The menswear store is selling the last of its made-to-measure […]

Nike named the next president of its subsidiary, Converse. Scott Uzzell will take the role of president and CEO of Converse Inc, effective January 22. Uzzell comes from the Coca-Cola company, where he most recently helmed the role of President of Venturing and Emerging Brands Group. During his time […]

Hammerson, the UK’s owner and curator of flagship retail destinations including Bullring & Grand Central, Birmingham, and Brent Cross, London, expects around two million people visit its venues this weekend, as consumers rush to buy those last few gifts. The company said in a statement that footfall […]

The Batra Group and Cherokee Global Brands hasve jointly announced a new license agreement for the Tony Hawk brand, for apparel and accessories in Europe, Middle East and Africa. The companies said, line will debut in influential top tier fashion stores and specialty skate stores. Commenting on the […]

American retailer of athletic footwear, sportswear, equipment and accessories Nike said on Thursday its Q2 revenue for 2018 increased by 10 percent or 14 percent on currency neutral. The company said, this double-digit revenue growth was driven by strategic execution of the Consumer Direct Offense across […]

Blockchain has undoubtedly become one of this year’s most popular technology. From financial services to supply chains, the blockchain has changed the way we do business. A recent study identifies three ways this emerging technology is transforming retail worldwide. Quantzig, a global analytics and […]