Karmik news and archive

Despite a difficult fiscal, Kimaya eyes growth

Even though last fiscal was tough for multi-designer fashion house Kimaya, it is looking to achieve growth this year on the back of its affordable ready-to-wear designer wear brand Karmik, launched last year. The company recorded sales revenues of Rs 75 crores for year-ended March 2013. However, it experienced a flat year after the lease for two...

Apparel

Karmik to open first multi-designer store in Pakistan

Karmik from Kimaya Fashions has entered Pakistan and is planning to open its first multi-designer fashion house in the country. This is the company’s first international franchise. The agreement was signed between Pradeep Hirani, Chielf Managing Directorof Karmik and Sheikh Aftab Arshad, Asad Amin Sheikh, Asif Amin Sheikh of Arshadsons from...

Apparel

Kimaya unveils Khaitan’s line

Designer Jyoti Khaitan’s festive collection 2013 was unveiled at Kimaya. The collection boasts of exquisite handcrafted saris with brooches, lehenga style saris, and non stitched saris in varied colors. The perfect balance of opulence and luxury combined with attention to detail makes it an exciting range. Kimaya already has a tie up with 12 top...

Apparel

Kimaya Fashions on retail expansion spree

After establishing its presence in Dubai, Kimaya Fashions and Karmik,launched at Lakme Fashion Week four months back are planning to enter Pakistan, Bangladesh and Colombo, Bahrain, Kuwait. The company launched six Karmik stores in one week after its launch, two in Delhi, one in Mumbai, one in Bangalore, one in Chennai and one in Ludhiana. This...

Apparel

Desi designers realise importance of affordability

Unlike, earlier when designer clothing was only meant for the ramps or high-heeled customers, the current economic gloom and low consumer sentiment has taught a practical lesson to India designer – importance of creating affordable clothing line. So now one’s dream of owning designer wear created by the likes of J J Valaya, Ritu Kumar, Anamika...

Apparel

Affordable designer wear at Karmik

Aiming to make designer wear accessible and affordable to masses, Kimaya, owned by Pradeep and Neha Hirani has introduced their new brand Karmik at the Lakme Fashion Week Summer/Resort 2012 at the beginning of this year. The idea behind this concept was to reach out to Tier II cities like Ludhiana, Chandigarh, Jaipur, Hyderabad, Surat and...

Fashion

Designer Wear: Affordability, corporatisation success mantra

A recent Assocham report suggests Indian designer wear industry is likely to cross Rs 11,000 crores by 2020 at a compounded annual growth rate (CAGR) of about 40 per cent. At present the industry is valued at about Rs 720 crores. The reasons for growth are: higher disposable incomes, emergence of mall culture, changing sense of style, dressing...

Apparel

Kimaya introduces Karmik

Aiming to make designer wear accessible and affordable to a larger mass, designer wear boutique, Kimaya, owned by Pradeep and Neha Hirani has introduced a new brand Karmik at the recent Lakme Fashion Week Summer/Resort 2012. The brand has been created to gap the void that exists in women’s ethnic wear segment of the Indian contemporary fashion...