US Fashion brand kate spade new york enters India

Apr 15, 2017 0

New Delhi– Global fashion and lifestyle brand kate spade new york has forayed into the Indian market with its first two stores in the capital.

The brand has opened shop in south Delhi — with one store at the DLF Emporio in Vasant Kunj and another at the Select City Walk in Saket.

It has entered India through a long-term distribution and retail license agreement with Reliance Brands, a subsidiary of Reliance Industries Group. The exclusive distribution rights to the brand in the country lie with Reliance Brands, read a statement.

The stores feature its spring 2017 collection, which reflects a Moroccan feel. Throughout the collection, textured fabrics and details including eyelets, pom poms, appliqué roses and ruffles sit against softly flowing and feminine silhouettes.

There’s ready-to-wear, handbags, small leather goods, shoes, jewellery, fashion, tech accessories, watches, eyewear and stationery from the brand at the stores.

Deborah Lloyd, Chief Creative Officer of kate spade new york, is thrilled about the launch.

“I am so inspired by the rich and colourful heritage and cannot wait to see how the Indian woman styles our collection,” said Lloyd added.

Darshan Mehta, CEO, Reliance Brands, said he is confident that the brand “will resonate with the Indian woman and its playful sophistication will add a refreshing twist to her wardrobe”. (IANS)

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Amazon expands grocery, household products service to 6 more Indian cities

Dec 22, 2016 0

Bengaluru– After launching its grocery and household products service in Hyderabad and Bengaluru earlier this year, online retail giant Amazon on Thursday announced the expansion of the service to six more cities.

“Amazon.in has announced the expansion of its grocery and household service – Amazon Pantry to six more cities across the country, namely Delhi, Faridabad, Gurgaon, Mumbai, Mysuru and Pune, after launching the program in Hyderabad and Bengaluru earlier this quarter,” the company said in a statement here.

“After the success witnessed in Hyderabad and Bengaluru, we are now expanding our Amazon Pantry services across six more cities for our customers,” said Saurabh Srivastava, Director Category Management FMCG, Amazon India.

Amazon Pantry offers essentials ranging across staples including regional brands specific for the relevant cities, categories like snack foods and biscuits to home needs like detergents and shampoo, child care products such as diapers and baby food to even pet products, it said. (IANS)

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Raymond, KVIC launch India’s first branded Khadi label

Dec 6, 2016 0

Mumbai–The Khadi & Village Industries Commission and Raymond Ltd. have joined hands to launch India’s first branded Khadi label as part of a strategic marketing initiative for the product from February 2017, it was announced here on Tuesday.

By this, KVIC will permit Raymonds to use the Khadi Mark, branded as ‘Khadi by Raymond’ and the latter will source all its Khadi requirements from stores in Mumbai and Delhi.

Besides positioning Khadi as a “fashion fabric” globally, the initiative is expected to generate incremental employment of around 2.10 lakh man-hours for spinners and weavers.

‘Khadi by Raymonds’ will hit the stores at KVIC outlets and Raymond shops across the country from February 2017 and also be available online.

The agreement was signed between KVIC CEO Usha Suresh and Raymond Ltd CEO Sanjay Behl in the presence of KVIC Chairman Vinai Kumar Saxena and Raymond Ltd Chairman & Managing Director Gautam Hari Singhania.

Terming it as a historic partnership between KVIC and Raymond for value-added marketing of Khadi, Saxena said its in tune with the Make In India initiative and help bridge the rural-urban industry divide.

“Spinning the ‘charkha’ has always been a symbol of self-reliance and now Raymond has Khadi, a true Indian fabric as part of its product portfolio. It will create multiple employment opportunities and empower artisans, especially the women, in rural areas,” said Singhania.

Suresh said by this partnership, Khadi would be promoted as a global and fashionable fabric and Raymond will provide a khadi niche among the fashion conscious global Indians who love genuine hand-spun fabric.

In view of evolving trends of customers’ preferences, Behl said through the partnership, Raymond will promote Khadi globally and offer a wide array of fabric blends and garments spanning suits, jackets, shirts, trousers in tune with international design and quality trends. (IANS)

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Retail, wholesale trade severely hit by demonetisation

Nov 14, 2016 0

New Delhi– The demonetisation of high-value currency notes has severely affected the retail as well as wholesale trade, the Confederation of All India Traders (CAIT) said on Monday.

“The commercial markets wore a gloomy and deserted look,” the CAIT said in a statement.

“Since demonetisation, consumer footfall in the markets is very less in comparison to normal days. Not only the retail activities but even the wholesale trade is affected severely because of very low volume of transportation of goods,” the statement added.

The confederation has urged Finance Minister Arun Jaitley to take remedial measures to intensify adoption of electronic payments system beside ensuring smooth flow of currency both at the hands of traders and consumers.

The CAIT has suggested special camp should be organised for filing Income Tax returns.

Similar special camps may be organised in the markets with the help of local trade associations for disbursement of new currency notes, it added.

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Indian businesses claims 60% dip in sales of Chinese goods this Diwali

Oct 31, 2016 0

Agra– The Confederation of All India Traders (CAIT) has claimed that there was a 60 per cent dip in the sales of Chinese goods this Diwali as a result of the massive social media campaign urging people to boycott Chinese products.

“Even the traders showed lack of enthusiasm in selling Chinese products,” a CAIT spokesperson said.

Instead of Chinese goods, people preferred earthen lamps and decorative items made from paper, clay and plastic to decorate their houses, and some households even used last year’s material for decoration purposes.

Less consumption of Chinese goods did not deter people from celebrating the festival with great fanfare.

“Realising the mood among the people because of the social media campaign, traders across the country were seen reluctant in displaying Chinese goods on the counter and some traders had even put “Make in India” boards at their business establishments to woo consumers,” a CAIT spokesperson said.

“These statistics are based on the indications gathered by the Confederation of All India Traders (CAIT) from 20 cities in different states, including Delhi, Mumbai, Nagpur, Jaipur, Ahmadabad, Kanpur and Bhopal which are generally considered as distribution cities,” the spokesperson said.

CAIT National President B.C. Bhartia and Secretary General Praveen Khandelwal said the social media campaign, which affected consumers beside the markets, further intensified following the statement in the Chinese media that “India can only bark”. The people decided to opt for Indian products which included earthen lamps, decorative items made from clay and plastic, dry fruits, sweets, FMCG products and Indian electronica, among others.

Crackers made at Sivakasi in Tamil Nadu were preferred in comparison to Chinese crackers.

Although alternatives to various Chinese products were very limited people still focussed more on Indian goods.

In order to discourage sale of Chinese goods in India, the need to develop alternative products was felt for which the government has to plan a long-term strategy by providing all-out support to our small manufacturing sector to produce quality goods at cheaper prices and augment their manufacturing capacity, a resident here said.

The government has to make the latest technology available to the small sector and must incur substantial expenditure on research and development. If all these steps are taken simultaneously, our trade can do wonders since we have everything at our end to give competition in the global market, the resident added.

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Armani Exchange brand debuts in India

Oct 25, 2016 0

New Delhi–Italian apparels and accessories brand Armani Exchange marked its foray into the Indian market with its first store here.

The store opened in Select Citywalk, Saket with the latest Armani Exchange collection in stock on Tuesday, read a statement.

The maiden store features a new concept, complementing the brand’s new Fall-Winter 2016 apparel and accessories collections for men and women.

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StoreKing to help Xiaomi India expand to hinterland

Oct 18, 2016 0

Bengaluru– Rural retail commerce provider StoreKing on Tuesday announced its partnership with smartphone manufacturer Xiaomi India to help increase their offline presence in the country’s rural areas.

“With Mi India on-board, we aim to serve rural consumers better regardless of their location and give them access to the best of products,” StoreKing Founder and CEO Sridhar Gundaiah said in a statement.

StoreKing’s business model focuses on partnering with retailers in small towns and provides a wide range of products and digital services to the users.

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French luxury furniture brand opens store in New Delhi

Oct 13, 2016 0

New Delhi–Even as the Swedish firm Ikea’s stores are being awaited by customers, a French luxury furniture brand has opened its doors here.

Brand Roche Bobois has set up its store in a mall on Mehrauli-Gurgaon Road.

“We established a top-end positioning in Mumbai, then in Bangalore and now that continues with the launch of our flagship store in New Delhi,” Martin Gleize, International Director of Roche Bobois Group Paris, said in a statement.

The brand is offering two collections — contemporary and classic, which the company says reflect European craftsmanship.

“Roche Bobois is the leader in the design-driven category of sophisticated furniture and accessories from France and offers an selection of products designed by some of the most talented designers from Europe,” said Samvit Tara, Managing Director of Roche Bobois India. (IANS)

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M-commerce set to shine bright this Diwali in India

Oct 12, 2016 0

New Delhi–With rapid increase in mobile data consumption, mobile commerce (m-commerce) is set to overtake web browsers in driving sales soon, according to a seasonal data in anticipation of Diwali, released on Wednesday.

The data gathered by Criteo, the performance marketing technology company, showed that during the festive season last year, “40 per cent of the online traffic on major retail companies was generated by mobile phones”.

Clearly, m-commerce is experiencing a tremendous rise in India.

“Customers prefer buying new brands from upcoming shopping websites, where they are offered best prices as well as discounts. With the ease of m-commerce, they get the option to explore thousands of brands at the click of a button,” a Criteo statement said.

The in-app availability of e-commerce companies has further triggered the rise of m-commerce in India, according to the company.

With the growing popularity of e-commerce companies in India, the festive season presents with an opportunity for a fierce competition among key Indian retailers.

Various e-commerce platforms launch mega-sales before the festive period, thereby launching a brand war with high budget spending on advertising as well as sales offers on consumer durable products and services.

Based on consumers’ online browsing and buying activity during the peak season last year (October 8-November 8), the pre-Diwali period saw an upsurge in average visitors on key Indian retailers’ websites, leading to an increase in average sales of e-commerce companies.

According to Criteo’s findings, which are based on an analysis of six million online transactions made in India last year, the rise in average online traffic on key retail companies’ websites reached up to 35 per cent. Also, during the same period, the maximum sale on these websites went up to 87 per cent.

“The technology-savvy users today want to explore new brands and choose from the variety of product categories, services and e-commerce platforms. With easy return policies, various payment options, cash on delivery and quick delivery services, it is expected that online shoppers in India may reach 175 million by 2020,” said company’s Commercial Director, Dushyant Sapre.

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Fossil Group enters ‘connected’ wearable segment in India

Oct 5, 2016 0

New Delhi– Global luxury accessories maker Fossil Group on Wednesday entered the wearable segment in India by unveiling a range of connected devices that include smart watches, hybrid watches and fitness trackers.

The wearable devices span across six of Fossil Group’s licensed brands — Fossil Q, Michael Kors Connected, Skagen Connected, Chaps, Emporio Armani and Misfit.

“Indians are very passionate about technology and are quick to adopt the latest. We believe the country will continue to be a key market for us,” Sonny Vu, President and CTO, Connected Devices, Fossil Group, told reporters here.

Fossil Group\'s Skagen debuts with Skagen Connected, a wearable technology line. (Photo: IANS)

Fossil Group\’s Skagen debuts with Skagen Connected, a wearable technology line. (Photo: IANS)

Fossil’s Q Wander smartwatch features a soft curving, multi-finish case and comes with interchangeable genuine leather strap.

Q Marshal features a rugged case along with a navy blue plated case paired with vintage-inspired leather straps.

Both Q Wander and Q Marshal feature Always On Display, allowing users to access important information like time, calls and alerts anytime.

Users can also respond to messages from the watch by tapping the screen or by using voice commands.

The collection is priced between Rs 21,995-Rs 22,595.

Michael Kors enters the connected world through “Michael Kors Access,” featuring designs based on the Bradshaw and Dylan styles, and comes with customisable display and functionality to keep users equipped with features like connectivity, activity tracking, voice activation, customisable display faces and wireless charging.

Bradshaw Access and Dylan Access are available in the price range of Rs 25,995 to Rs 29,495.

Skagen debuts with Skagen Connected, a wearable technology line. The initial collection will include the Hagen Connected hybrid smartwatches and a Skagen Connected activity tracker.

The collection is priced between Rs 14,295 to Rs 15,495.

The Chaps connected hybrid smart watch is for customers who want all the functionality of a world-class tracker with notifications hidden in a traditional watch.

The smart watch is available to customers from Rs 9,995 to Rs 10,495.

Emporio Armani Connected hybrid smartwatches are priced between Rs 17,495 and Rs 27,995.

MisFit expands its portfolio with Misfit Shine 2 and Misfit Ray.

Priced at Rs 7,495 onwards, Misfit Shine 2 and Misfit Ray feature a modular design and lets users track their fitness goals.(IANS)

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