TCNS Clothing news and archive

Women’s brand W launches festive collection

Women’s brand W by TCNS Clothing has launched its festive collection ’19 called ‘Pop Sets’. Made from unique fabric combinations like chanderies, denims and the eco-friendly Livaeco fabrics, the collection employs traditional Indian weaving techniques that hit the right chord with its consumers. Celebrating the bold vibrant colors of the season,...

Retail

Women’s ethnic brands W and Aurelia opens store in Hosur

TCNS Clothing, opened its new store in Hosur. Spread over 1,400 sq ft, the store features clothing from W and Aurelia brands. One part of the store displays the W collection which is an extensive mix of kurtas, fashion bottoms like palazzos, skirts, trousers, dupattas and accessories to match every occasion. W also offers stylish yet...

Retail

W ties up with Livaeco to up sale of sustainable fabric apparels

Women’s apparel brand W, a part of TCNS Clothing, is looking to generate 20 per cent of revenue from sale of products made from sustainable fabrics . The company now has an exclusive partnership with Aditya Birla Group's Livaeco brand. Last year, W had launched a new line of Harit Khadi products styled by the company and the response was very...

Business

TCNS Clothing’s IPO oversubscribed

TCNS Clothing’s initial public offer (IPO) received bids for 5.79 crore shares as against 1.09 crore shares on offer. The issue opened for subscription on July 18, 2018 and closed on July 20. 2018. The price band for the issue was fixed at Rs 714 to Rs 716 per share. The qualified institutional buyers (QIBs) category was subscribed seven times....

RetailFeatured

Positive business lures investors to women’s ethnic segment

India’s ethnic wear market doubled sales in the last three years. With immense popularity and growing business, ethnic wear brands are now attracting huge investments from PE players. Almost Rs 2,000-crore-plus PE investments were made in the last two to three years, with more deals are in the offing. And as Ankur Bisen, Senior Vice-President,...

Business

TA Associates invests 140 million dollars in TCNS Clothing Company

TCNS Clothing Company has raised 140 million dollars (Rs 93.84 crores) from TA Associates, a US-based private equity firm. The city based company, which owns W, Aurelia and Wishful, has done this by selling a stake of around 40 per cent. This move led to the exit of Matrix Partners, which held a stake of 15-20 percent in the company. This...

Retail

TCNS targets to achieve Rs 1,000 cr sales by 2017

Contemporary ethnic wear firm TCNS Clothing, which owns the ‘W’ brand has set a target of doubling its sales to Rs 1,000 crores by the end of fiscal year 2017. This will be done by opening new stores, investing in offering innovative product offerings and focusing on increasing online sales. Continuing with its retail expansion plans, the...

Apparel

TCNS eyes entry into overseas markets

Ethnic wear firm TCNS Clothing, the force behind brands W and Aurelia plans to venture overseas in markets likeSingapore, Mauritius and Sri Lanka, with its own outlets. Sighting an opportunity after almost 15 percent of orders on its in-house website poured in from international customers, the company decided to explore overseas locations. The...

Fashion

W unveils expansion plan, to add 50 new stores

Leading fusion wear brand for women, W, has unveiled its spring ’14 collection inspired by modern expressions. With increased customer base for fusion wear, the brand has been registering almost 45 percent growth rate in the domestic market. To strengthen its footprint further, TCNS Clothing, the parent company of W, has planned to add at least...

Apparel

W plans aggressive retail expansion

In a bid to expand its reach and give tough competition in the cluttered women’s wear market, ‘W’ the brand from TCNS Clothing, is planning to spread its footprint across India. It’s looking at opening 120 stores in 60 cities apart from extending its product basket. W is a leading women’s wear brand which designs, manufactures and retails...

Apparel

Matrix Partners India invests Rs.60 crore in TCNS Clothing

Private investment in the apparel industry is back in India. In one of the first ventures registered in the Indian apparel retail this year, Matrix Partners India invested Rs.60 crore in TCNS Clothing Co. Pvt. Ltd, an Indian brand which makes and markets a women’s apparel brand called ‘W’. As revealed by both companies in their respective...