India news and archive

Clarks to reportedly close all its stores in India

Footwear specialist Clarks is understood to have terminated its joint venture contract with India’s Reliance Retail which could result in the closure of all of its stores in the region. It is believed that the two companies made the decision following “substantial disagreements” over certain terms of their partnership, sources familiar with the...

Business

Decathlon to invest 100 million euros in the Indian market

Sports brand Decathlon is focusing on the Indian market and is planning an investment of 100 million euros. The information, revealed by Reuters, specifies an expansion plan that will be developed over the next five years. India, one of the key markets of the French company, will thus welcome 80 more Decathlon stores, up from the 110 locations...

Business

Inditex set to bring Bershka to India this November

Inditex-owned Bershka is believed to be close to debuting in the Indian market following the success of its sister brands Zara and Massimo Dutti in the region. A source for India Retailing told the industry publication that the brand’s first store is scheduled to open November 1 within the Phoenix Palladium mall in Mumbai. While the media outlet...

Report

Shein to reportedly launch in India via Reliance Retail deal

Chinese fast fashion giant Shein is believed to be set to embark on a new journey into India, where it has reportedly struck a deal with Reliance Retail Ventures. According to a report from the Economic Times (ET), Shein products will be sold by Reliance Retail’s app and brick-and-mortar stores, through a deal that is believed to have already...

Business

Aid by Trade Foundation expands to India through Regenerative Cotton Standard

The Aid by Trade Foundation (AbTF), known for its cotton standards Cotton made in Africa (CmiA) and Cotton made in Africa Organic, expanded its range last year with the Regenerative Cotton Standard (RCS), the first of its kind to explicitly prioritise the knowledge and interests of small-scale farmers. The voluntary standard targets the entire...

Business

SU.RE partners with British Council on efforts to enforce sustainability in India’s textile industry

Sustainable Resolutions – or SU.RE – has announced a new partnership with the British Council with the goal of reinforcing sustainability within India’s apparel industry, serving as both a platform to help transform brands and build collaborations with like-minded partners in the UK and beyond. SU.RE was launched in 2019 by Reliance Brands,...

Business

Asos confirms India entry with Reliance Retail partnership

Following heightened media speculation, British e-tailer Asos has now confirmed that it will be entering the Indian market through a new long-term partnership with the country’s Reliance Retail. With the deal, Reliance Retail will serve as the exclusive retail partner for Asos across all online and offline channels in India. It has been tasked...

RetailFeatured

India's luxury market poised for expansion, says Barclays

India's luxury market is primed for substantial growth, according to Barclays, with forecasts indicating an annual expansion of 15 percent to 25 percent over the next seven years. This trajectory could elevate the market's value to an impressive 23 billion euros to 38 billion euros. The driving force behind this surge, Barclays notes, is India’s...

Fashion

Swiss watch brands making time for India

Swiss watchmakers are increasingly turning their sights towards India thanks to a new free trade agreement that is due to gradually open the doors for luxury timepiece exports. While some brands are already in the starting blocks, others are waiting to see whether India will become a new land of plenty. "India represents enormous potential,"...

Business

The Shirt Dandy adds new AI functions in collab with Tailoor by Successori Reda

The Shirt Dandy, the Viennese start-up that manufactures customised shirts for men in India, has deepened its strategic partnership with Tailoor. Tailoor is the software arm of Italian wool mill Successori Reda S.p.A, an AI-driven phygital platform. The collaboration aims to bring innovative AI capabilities to the Indian market. Reda and Tailoor...

Business

Next to open stores in India through new Myntra deal

British retail giant Next is building on its existing relationship with fashion e-commerce company Myntra as it looks to expand on its presence in India. Through the deal, Next has handed over its distribution and management rights to Myntra Jabong Pvt. Ltd., which will be responsible for distributing the retailer’s range of products while...

Business |EXCLUSIVE Featured

The Aid by Trade Foundation’s cotton conference: from carbon sequestration to regenerative agriculture and technology

At the annual conference of the Aid by Trade Foundation (AbTF) from 11th to 13th March in Mumbai, India, around 100 experts, researchers and specialists from all over the world came together to discuss current challenges and solutions in the field of sustainable cotton and textile production. This year's event focussed on innovative and digital...