PETA used its position as a Hermés shareholder to confront chief executive Axel Dumas at the luxury label’s annual meeting. A French spokeswoman for the Ethical Treatment of Animals, Isabelle Goetz, read out allegations of cruelty to animals, demanding th.
Tiger Global Management, the largest shareholder in Flipkart, has pared its stake in Amazon Inc by about 67%. Chase Coleman’s Tiger Global, known for having taken successful bets on tech giants like Facebook, has slashed its holding in Amazon to 1 mi.
Gucci’s CEO Marco Bizzarri announced his plans to grow the brand by more than double the market average. Forecasting Gucci revenues at an unprecedented €6 billion for the long term , Bizzarri outlined his growth strategy in a meeting. Bizzarri pin-pointed.
Ken Research announced its latest publication on “India Kids’ Apparel and Footwear Market Outlook to 2020 – Favourable Demographic Profile and Rising Household Disposable Income to Drive Future” which provides detailed overview on the apparel and fo.
Fashion brand Marks & Spencer has introduced new marketing campaign – Art of Marks & Spencer. The campaign is especially curated for the Indian market to put the spotlight on linen in the country. This is the first time M&S India has lau.
Luxottica has started legal proceedings against BCBG Max Azria for allegedly copying the famous Wayfarer frame belonging to Ray Ban. The Italian eyewear company, which owns Ray Ban, claims that BCBG has been reproducing, copying, or colourably imitating t.
Luxottica’s Ray-Ban has converted its India website into an e-commerce website to stop sales of fake products. The website was earlier functioning as a reference section. Ray-Ban is the recent brand launching its e-commerce website. Puma and Adidas also l.
A proposal by Footwear Design and Development Institute (FDDI), requesting the status of a deemed university, has been forwarded to the University Grants Commission (UGC) for consideration. FDDI, which has eight branches all over India, has been embroiled.
BURBERRY’S chief operating officer, John Smith, has resigned from his position. John is said to be leaving to pursue new interests. The news comes as Burberry’s management structure finds itself regularly in the headlines. Last week the company announced .
Lacoste has announced the launch of its highly anticipated online store, www.lacoste.in, catering specifically to the Indian market. Lacoste.in will offer the entire collection that is available at the offline stores. In order to celebrate the online vent.
Agra is beginning to lose its edge to more business-friendly cities in neighbouring states. Home to an army of highly skilled workers and artisans, and well-supplied with raw material, the city still accounts for 65% of domestic footwear sales and 28% of .
Vans has released a capsule collection just for women of two of its classic silhouettes updated in laser-cut leather. The Classic Slip-On and Sk8-Hi Decon feature geometric cutouts, making it an ideal collection for summer. The unlined leather allows the .
H&M, Hennes and Mauritz AB, the International fashion retailer opened doors to its first store in the tricity area of Punjab at the North Country Mall, Mohali. The opening ceremony was witnessed by Country Manager at H&M India, Janne Einola who in.
Celebrating its heritage, Converse is ushering in a new era of technology, All Star Modern. The brand has released the All Star Modern, an updated iteration of a basketball shoe from 1920, on June 16. The shoe will be available in five colorways: bla.
Standard Chartered Bank plans to step up recruitment in India in the next few quarters as part of efforts to build up the lucrative but competitive retail lending segment to return to growth. “We are hiring about 1,000 people this year. Retail is one of o.
Keith Haring’s famous works are coming to a Toms shoe store. The brand has unveiled its latest collaboration with the Keith Haring Foundation. Haring, an artist and social activist in the 1980s, is best known for his graphic, bold paintings, graffiti and .
Aditya Birla Fashion and Retail Limited (ABFRL) said it is acquiring the online and offline rights of American fast-fashion brand Forever 21 in the Indian market. This is the third time the US fashion brand is changing its India partner. “The Board of Dir.
Kenneth Cole has been named a UNAIDS international goodwill ambassador. Cole, who has been at the forefront of supporting HIV and AIDS research for decades, helped transform amfAR into one of the standout nonprofits supported in the fashion industry. He’s.
Amazon followed by Filpkart and Snapdeal were the most preferred e-commerce websites among sellers, with highest top of the mind recall, a recent study reveales. The findings came as a result of a study by Nielsen for the January-March quarter, which surv.
Under Armour has announced that Dave Dombrow is returning to the athletic company, less than three months after he announced he was leaving for Nike. The company’s former SVP of creative footwear and accessories will come back to the brand as chief design.
