India news and archive

NIFT Patna & ABFRL partner to train & employ rural women in Bihar

The National Institute of Fashion Technology (NIFT) Patna, under the Ministry of Textiles, has partnered with Aditya Birla Fashion and Retail Limited (ABFRL) to train and employ rural women in Bihar, India. The initiative, formalised through a Memorandum of Understanding (MoU), aims to provide women from self-help groups, known as Jeevika Didis,...

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Business

Myntra reports profit turnaround in FY25

Myntra, the fashion e-commerce marketplace owned by Flipkart, has reported a significant financial turnaround for the fiscal year 2025, according to its consolidated results filed with the Registrar of Companies (RoC). The company recorded a consolidated net profit of Rs 548.3 crore for the year, a substantial increase from Rs 30.9 crore in...

Retail

H&M India: Celebrating 10 years with new beauty line

H&M is launching its H&M Beauty concept in India, with products becoming available in stores and online at hm.com starting October 2, 2025. This debut expands the brand's offerings beyond fashion and home goods, aiming to provide customers with "trend-driven, inclusive, and accessible" beauty products. The collection, which includes over 200...

Fashion

Rahul Mishra designs limited edition Johnnie Walker Blue Label

Johnnie Walker, a leading name in Scotch whisky, has unveiled a new limited-edition design for its Blue Label, created in collaboration with celebrated fashion designer Rahul Mishra. Known for his commitment to "slow fashion" and supporting local artisans, Mishra has infused his design philosophy into the new bottle and packaging. The design...

Retail

Fashion and apparel drive retail leasing boom in Delhi-NCR - CBRE report

Leasing activity in Delhi-NCR's retail real estate market is bouncing back, showing a strong recovery in the first half of 2025. According to property consultant CBRE, the demand for retail spaces in malls and high streets increased by 25 percent from January to June, a direct result of both new supply and growing interest from retailers. This...

Retail

Off-White to launch in India through Brand Concepts partnership

Luxury Italian brand Off-White is set to launch in India in the first quarter of next year through an exclusive partnership with Brand Concepts. According to media reports, this move marks the fashion retailer's entry into both the luxury and mainstream apparel markets, a significant shift from its traditional focus on premium accessories....

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Denim Deal launches India Hub to boost circularity

The European initiative Denim Deal has launched its India Hub, a new partnership with the Global Alliance for Textile Sustainability Council (GATS) and Dutch venture builder Enviu, to advance circularity in the denim industry. The collaboration will focus on promoting the large-scale use of post-consumer recycled (PCR) cotton in Indian denim...

People

Shoppers Stop hires Nabamita Banerjee to lead HR

Shoppers Stop, an Indian fashion, beauty, and gifting retailer, has appointed Nabamita Banerjee as its new chief human resource officer (CHRO). Banerjee brings over 18 years of diverse HR experience from the IT, retail, and QSR industries. Her expertise includes business partnering, talent management, compensation and benefits, and change...

People

Nipun Dhingra joins Spykar as chief transformation officer

Spykar Lifestyles Pvt. Ltd. has appointed Nipun Dhingra as its new chief transformation officer (CTO). Announcing Dhingra's appointment on its official LinkedIn page, the company said, he brings over 11 years of experience in consulting and industry, including nearly nine years at Kearney where he advised C-suite executives on strategy, digital...

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Business

Flipkart acquires stake in Pinkvilla to reach Gen Z consumers

In a strategic move to better connect with India's younger consumers, Walmart-owned ecommerce marketplace Flipkart has acquired a majority stake in Pinkvilla, a popular entertainment and lifestyle platform. The deal, announced on September 2, 2025, aims to merge entertainment and e-commerce. According to Ravi Iyer, senior vice president of...

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CMAI warns against GST hike on garments, citing industry impact

The Clothing Manufacturers Association of India (CMAI) has issued a stern warning against a proposed government plan to increase the Goods and Services Tax (GST) on garments priced above Rs 2,500 from 12 percent to 18 percent. CMAI argues that this measure would be a "death-knell" for the industry, which is already grappling with weak domestic...

Retail

Ahead of the festive season, Amazon opens fulfillment centers in five new Indian cities

Ahead of India’s festive season, Amazon India has significantly expanded its operations network, launching 12 new fulfillment centers (FCs) and six new sort centers (SCs). This expansion adds 8.6 million cubic feet of storage capacity and 500,000 square feet of sortation space, respectively. The new fulfillment centers mark Amazon's first-ever...