Apparel Retailers

Image Source: Google Global clothier Gap Inc this week became the latest apparel retailer to identify the factories which produce its garments, helping shed light on how the world's clothing is made. But other brands now identifying factories include H&M, Nike, Levis and Adidas. Gap Inc revealed the names and street addresses of suppliers in countries such as China, Bangladesh, Egypt, Cambodia, Guatemala,...

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Image Source: Google Fashion label Willow, once estimated to be worth $20 million, will be closing down its shops in a month, less than three years after it ousted its founder Kit Willow. Willow is owned by The Apparel Group, which also owns brands Sports-craft, SABA and JAG.  The Willow store closure follows the collapse of Australian women-swear chain Seduce mid-August. A successful...

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Image Courtesy: obscottsindianjewelry.com Biba Apparels Ltd women’s ethnic wear brand, buoyed by the success of its kidswear collection, is planning to open stores that will exclusively sell children’s apparel. Biba one of the renowned retailer,will open its first stand-alone kidswear store in Bengaluru by mid-September and plans to open five such outlets by the end of 2016-17. Garments will be priced between Rs.499...

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Image courtesy: spinfocom.com  Internet in India 2015' by Internet and Mobile Association of India (IAMAI) and IMRB International has revealed some startling retail industry information on trends of online retailing. With global media exposure and rising aspirations, Indian customers have been looking for getting their hands on global fashion brands. While the customers have been ready, retailers have not been able to reach...

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Image Source: Google Hidesign, a brand that has become synonymous with high-quality leather accessories such as bags, belts, and wallets,is an exemplary retailer that has seen its revenue grow from Rs.11.3 crore in fiscal year ended March 31, 2010 to Rs.97.72 crore in fiscal year ended March 31, 2014. The brand now mulls opening up seven new stores. The accessories market has evolved...

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Macy's divulged the retail information about the closure of 100 stores next year and boost its online investments, as it tries to become more nimble in an increasingly fierce market. Image Courtesy: thedailysabah.com The closure represents close to 14 percent of its stores under the Macy's brand.This retail information was expected as Macy's had been a stellar performer since the Great Recession in...

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Image Source: Google Raymond Ltd plans to come out with its Omnichannel strategy within a year to scale up its digital business and woo younger customers. Although, the apparel brand is facing no competition from e-commerce players owing to large customer base. The strategy would help the company to connect with younger customers. Rising sales logged by e-commerce players in general has made...

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IKEA Group, the leading Swedish home furnishings company, plans to open 25 stores over next 10 years in India. It also plans to double its sourcing from India to 600 million euros by 2020. Image Courtesy: digitaltrends.com The current volume of sourcing is 300 million euros. About 70 percent of the current sourcing is in textiles and rugs. IKEA is investing Rs 700...

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Wal-Mart, world’s biggest retailer, has agreed to buy fast-growing online retail newcomer Jet.com, which had launched with a splash a year ago when it announced its intention to challenge online leader Amazon. Wal-Mart is paying $3 billion in cash and another $300 million in stock. This retail information divulged on Monday is a major move by Wal-Mart, which is realizing that it needs...

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Next Brand is facing the Brexit woes as the cost of buying materials for its clothing and homeware lines will increase by up to 5pc next year due to the pound’s weakness following Brexit. This retail information was revealed by the company as the fashion retailer is already seeing sales slip due to falling footfall after a bout of poor weather. The retailer...

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Image Source: Google Among the retail industry pioneers, A Future Group firm, Future Lifestyle Fashions is firming up plans to raise Rs.500 crore from the domestic or overseas market on a private placement basis to bankroll its fashion retail business growth.The company is due to pass a special resolution at its annual general meeting scheduled for 29 August and further the company will...

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Image Source: Google Strong gender lines in kids items solidified in the 1980s as a way to boost sales.Pink for girls and blue for boys may have been a way to get parents to buy more because their sons and daughters were less likely to share clothes or toys. But things are changing, in part driven by consumers and sometimes kids themselves. Some...

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Image Source: Google The entire retail industry is at such a juncture when retailers are devising out new methods and IT applications to cater to the surging demands. Macy, a renowned apparel retailer, post devastating sales has chalked out a strategic IT plan, recognizing that the future of the stores is dependent on customer interest and that technological innovation may create renewed interest...

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Image Source: Google Forever 21 fashion brand announced its plan to enter on the Romanian market and will open its first store in Bucharest this autumn. Exploring new retail markets is among the global trend for renowned retailers like Forever 21, while in Romania, it is a part of expansion of Teren Management Europe, exclusively franchised to the brand “Forever 21” in 9...

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Combatant Gentleman is set to open its first retail store in Santa Monica. This is a new catching trend in retail industry where the company opens up a website first and then forays into off-line mode. Here too, the menswear company has been providing 100 percent Italian wool suits via its website.But now the company is opening its first brick-and-mortar location on the...

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Google introduces 'Showcase Shopping ads' for Apparel Retailers.Google’s new visual tools will help the entire retail industry including apparel retailers  showcase their products better. The new format allowed retailers to showcase collections rather than individual items. Imge Courtesy: techcrunch.com  Showcase Shopping ads help people further explore and discover what they want to buy and where they want to buy it. For example, if...

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Non-resident Indian businessman Yusuffali M.A. Is mulling over investments in Indian Retail industry. Lulu Group, Abu Dhabi-headquartered retail conglomerate, is investing over Rs.7,000 crore in key sectors including retail. The Group is investing Rs.500 crore for establishing a food processing plant in Telangana and another Rs 900 crore on building a shopping mall in Hyderabad. Image Source: Google The investment is in the...

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DG Expo features a two day Fabric & Trim Show for Designers, Manufacturers (producing Apparel, Accessories, Home furnishings, other Sewn Products), plus Private Label Retailers, Fabric Stores, Event/Party Planners.  You'll find Knits / Wovens / NonWovens, technical and stretch fabrics, Eco-friendly and organic, beaded and embroidered, leathers and faux furs, jacquards and yarn dyes, prints and much more! Exhibitors are Wholesale Suppliers (including Mills, Converters, Importers, and Distributors) who have low minimums, and many have in-stock fabric and trims. ...

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Image Source: google Strange yet true that the Swedish fast fashion retailer recorded its worst sales growth for three years as the fashion retail industry was hit by the strength of the dollar. What;s more interesting is that H&M buys much of its materials in dollars and the currency's strength has been pushing up costs at the high street chain. Measured in local...

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A.T. Kearney has recently released Global Retail Development Index (GRDI) being published since 15 years, suggests that amid ongoing economic turbulence, developing markets continue to offer retailers some prime opportunities for growth. India’s improved ease of doing business, and better clarity regarding foreign direct investment (FDI) regulations puts India in 2nd place that was placed at 15th Position in the GRDI 2015 index....

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Ever scanned internet in pursuit of an outfit spotted on a stranger at a party last night. You wanna own that piece but you aren’t able to locate the exact store from where it was brought. But now  with the advancement in retail technologies many applications have been developed. Retailers are using various tactics to acquire as well as retain customers.Visa’s new Blippar...

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World Patent Marketing Review Committee has approved Woolar, a new invention in clothing, which is set to revolutionise the thermal wear industry.   It is a clothing invention created to create more efficient and heat reflective type of garments and is made of quality wool material combined with modern space-age technology. This clothing is composed of numerous Mylar threads that transform into a reflective...

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