Apparel

IKEA signed MoU to invest Rs 2,000 crore in Haryana

Opportunity India Desk Sep 29, 2017 - 2 min read

IKEA, a Swedish furniture retail brand to invest Rs 2,000 crore in Haryana. The brand has signed an MoU with the Haryana government, which stands for mutual commitment from both parties and intends to provide clarity on working methods and ensure a legally and ethically compliant business environment as per the Business Standard report. In ...

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Arvind Retail plans to boost up its apparel sales by next fiscal

Opportunity India Desk Sep 29, 2017 - 1 min read

Arvind Retail Ltd is counting on foreign brands to boost apparel sales in the next financial year, says Livemint report. The brand adds more outlets to sell GAP, Sephora and Aeropostale merchandise in the big cities.Last year the brand sold foreign labels such as Tommy Hilfiger, Nautica and Ed Hardy, while added four more brands ...

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Bengaluru to get its first H&M store on March 25

Opportunity India Desk Sep 29, 2017 - 1 min read

Swedish fashion retailer H&M is going to set up its next store in Bengaluru on March 25. Spread over two floors and encompassing a space of more than 30,000 square feet, the new location will offer a wide variety of the latest fashion trends and timeless basics at affordable prices, reports Economic Times.The store will ...

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Carlton to be the new face of VIP

Opportunity India Desk Sep 29, 2017 - 2 min read

VIP Industries, the luggage maker has set target on growing the premium segment through its brand-Carlton‘ and is looking to open 25 stores in 2016-17. “There is a renewed focus on the premium segment with our brand Carlton and we are looking at opening 25 stand-alone stores for the brand in the coming fiscal with ...

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Swadeshi FMCG player over the MNCs

Opportunity India Desk Sep 29, 2017 - 1 min read

Foreign consumer goods companies in India will soon have to do a headstand, said Baba Ramdev, yoga guru at a press meet in Bengaluru, commenting on the impact of Patanjali’s success on Indian arms of foreign consumer goods and food companies, reported Livemint.“Dant Kanti, Patanjali’s neem-based toothpaste will overtake other toothpaste brand by end of ...

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Woodland plans to open franchise stores in Rohtak

Opportunity India Desk Sep 29, 2017 - 2 min read

Last month, during Jat agitation, when two outlets were looted and burnt in Rohtak, Haryana, footwear and apparel brand Woodland said it will assess the situation before reopening the stores.The outlets were generating sales around Rs 4-5 crore per annum, the company said.During the stir, arsonists had first looted and then burnt down two Woodland ...

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Poney to open its second store in Delhi

Opportunity India Desk Sep 29, 2017 - 1 min read

Poney, a Malaysia- based kid's wear brand is opening its second store in Delhi next week. The brand will launch its spring-summer collection 2016 at DLF Saket Mall, reports Economic Times (ET).Offering a range of 'supreme quality' apparel for infants and children up to 15 years of age, Poney also plans to introduce its high-end ...

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Victorinox to add 35 stores by 2018

Opportunity India Desk Sep 29, 2017 - 1 min read

Victorinox, a Swiss knife and accessory maker is planning aggressive expansion over the next three years and is looking to open 35 stores by 2018. The brand will invest Rs 80 crore and is also looking forward at doubling its revenues to Rs 200 crore from Rs 75 crore at present."We will open 35 stores ...

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?H&M plans two stores in Mumbai this autumn

Opportunity India Desk Sep 29, 2017 - 1 min read

Swedish international retailer H&M (Hennes & Mauritz AB) will open two stores in Mumbai this autumn, reports ET. Spread over 30,000 sq. ft and 37,000 sq. ft, the H&M stores will be located at High Street Phoenix, Lower Parel and Phoenix Marketcity, Kurla, respectively. The stores will be full concept H&M stores offering apparels for ...

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?Hidesign is set to make international foray

Opportunity India Desk Sep 29, 2017 - 1 min read

Pondicherry-based premium leather goods maker, Hidesign is going slow on store expansion in India due to lack of new shopping malls but is looking at expanding internationally. As per ET reports, the brand eyes on expanding into six new markets this year including Kenya, Saudi Arabia, and Canada. "The big challenge this year is that ...

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