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Shoes & Accessories

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Affluence eyes market with premium footwear

Affluence shoes are designed with the latest trends from the world of fashion, and are on par with any global luxury brand. According to Aqeel Ahmed, promoter of the brand, “Indian consumers must have shoes with good fit, great quality and high standard w.

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Retailers join hands to force govt to roll out new e-com rules

Retailers, including Future Retail, Shoppers Stop, Arvind Lifestyle, Infiniti Retail and Aditya Birla Retail, recently met for the speedy implementation of the new circular. E-commerce companies have raised concerns over implementing new norms and even de.

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New Balance re-enters India

Boston-based athletic footwear and apparel brand New Balance recently opened its first store in India—a 1,100 sq. ft standalone brand outlet at DLF Mall of India, Noida, near New Delhi. This is the second time New Balance has entered India after a gap of .

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Puma and Zara most profitable in India

Brands like Levis, UCB and Zara have turned profitable. While Zara has been profitable in India for at least four years, Levi’s and United Colors of Benetton (UCB) despite being in the black, are dealing with accumulated losses. German sports goods maker .

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Hidesign to go slow in India

Pondicherry-based premium leather goods maker, Hidesign is going slow on store expansion in India owing to lack of new shopping malls. The company, however, is looking at expanding internationally. It is planning to start retail operations in six new mark.

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PUMA unveils India’s biggest flagship store

Sportswear brand PUMA introduced the biggest flagship store in India. The store is spread over three floors and covers an area of 4,800 sq. ft. in New Delhi’s shopping hot spot South Ex. PUMA training and style expert Jacqueline Fernandez turned the table.

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Wolverine Tops Q1 Estimates

Wolverine World Wide reported first-quarter 2016 sales and profits that significantly surpassed market watchers estimates. Its management said a series of initiatives implemented last year are beginning to yield positive results for the firm. “We exceeded.

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Jabong revenues decline 19.3% to Rs.270.75 crore

Jabong’s financials decreased further. The company reported revenues of Rs.218.53 crore in the fourth quarter of 2015. This represented a decline of 19.3% from Rs.270.75 crore in the same quarter last year. The company also reported a gross merchandise va.

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Jimmy Choo Toasts 20th Anniversary

Jimmy Choo made a big splash for its 20th anniversary. The fete — hosted by CEO Pierre Denis and creative director Sandra Choi – was timed around the opening of the brand’s new Soho store. Rob Pruitt, Olivia Palermo, Genevieve Jones, Lauren Remington Plat.

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H&M opens in nation’s largest mall

DLF Mall of India has announced the launch of H&M’s 4000th store. Spread over 40,000 sq.ft, H&M at DLF Mall of India is the largest and the first flagship store in the country. The Swedish International retailer, known globally for its fast-fashio.

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Under Armour teams up with The Rock

Dwayne “The Rock” Johnson is the new voice of Under Armour — or at l east the voice of its new advertising spot for the brand’s HealthBox fitness-technology package. The one-minute video, titled “One Push,” debuted Johnson’s Instagram account and is airin.

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Jabong launches international fashion brand Mexx in India

Online fashion retailer Jabong has announced a new partnership with international fashion retailer Mexx. “We are very excited to launch Mexx exclusively in India and more than anything else we are thrilled that our brand ideologies are similar. With Mexx .

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Johnston & Murphy Readying To Shod The Next U.S. President

Keeping with a tradition started in 1850, legendary shoe brand Johnston & Murphy will be creating a pair of shoes for the next commander in chief, regardless of party affiliation. And, in a historic turn of events, it might be the first time a pair of.

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Metro Shoes launches ‘Find Your Pair’ integrated campaign

Metro Shoes has launched ‘Find Your Pair’ campaign. The campaign involves a multimedia integration of print, promotions, public relations and digital platforms to target men, women and children. Talking about the new campaign Farah Malik Bhanji, Managing .

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New Balance Takes Stance Against TPP

Boston-based athletic brand New Balance is taking a stand against the Trans-Pacific Partnership. After remaining neutral on the controversial trade deal, the brand announced it was changing its position. In a conversation with Footwear News, the company s.

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Waimaotong setting up acquisition team

Chinese e-commerce giant Alibaba has begun the process of setting up a team in India to look at merger and acquisition (M&A) opportunities. Though Alibaba has indirectly entered the Indian e-commerce segment through investments in Snapdeal and Paytm, .

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UBM Buys Business Journals Inc. For $69M

UBM, which organizes FN Platform and Magic, plans to beef up its portfolio of events. The company said it will pay $69 million to buy Business Journals Inc., a producer of fashion trade shows in New York and Las Vegas such as Accessories the Show, Moda, S.

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Medifeet to launch sports footwear

New Delhi-based GuruKripa Enterprises, the parent company of Medifeet, is now up for a new category. According to Dharmendra Singh Narula, MD of the company, “We will soon launch our sports collection. As our Medifeet health footwear has been doing except.

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UK blocked tougher EU rules amid shoe price rise fears

The UK has blocked tougher EU trade rules to help the steel industry partly because it could have raised the price of shoes for British shoppers. Sajid Javid, the country’s business secretary, argued the UK opposed scrapping the so-called lesser duty rule.

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Central Group buying Zalora’s biz in Thailand and Vietnam

Zalora, the fashion-focused e-commerce site backed by Rocket Internet, is selling its businesses in Thailand and Vietnam to retailer Central Group. The deal is said to be agreed on in principle and currently subject to paperwork and red tape. Central Grou.