Arvind acquires Hanes Brands India Operations
Arvind Lifestyle Brands, a subsidiary of Arvind Ltd, one of the largest players in the apparel brands and retail space, announced an agreement to market and sell basic and intimate apparel in India under the Hanes and Wonderbra brands, two of the largest and well-known global apparel brands, under a licensing agreement with U.S. based Hancsbrands Inc.
Announcing the licensing agreement, Sanjay Lalbhai, Chairman & Managing Director of Arvind Limited said, " Thin market segment of branded essentials is estimated at over Rs. 18,000 crore and fe expected to grow over 18% from thereon year-on-year\ This new market niche, thus, offers a completely distinct and promising business opportunity for us, which will only help further consolidate our position in the Indian market."
Gerald Evans, Co-Chief Operating Officer of HanesBrands said, "We arc very excited to enter this licensing agreement in India far two of the strongest global brands with Arvind, a leader in the apparel and retail market. Our Hanes and Wonderbra brands have great growth potential in the lingene and branded apparel essentials market in India. We are confident that Arvind Lifestyle Brands Ltd» which has one of the largest portfolios of licensed US brands in India, is the right partner for us to aggressively expand growth in India." Read more…
India poised to be leading Intl trading hub for rough Diamonds
Anand Sharma, Union Minister of Commerce, Industry and Textiles accepted and unveiled a Task Group report to make India an International Trading hub for rough diamonds.
The task group on diamonds was constituted by the Minister of Commerce, Industries and Textiles under the Chairmanship of Director General of Foreign Trade, Dr. Anup K. Pujari keeping in view the slump in exports of diamonds from India through the last few quarters.
Some of the recommendations in report include setting up of a Special Notified Zone for import and trading of rough diamonds, permission to import cut and polished diamonds duty free up to the extent of 15% of the average of previous 3 years’ exports and reducing the rate of computation of profit under Benign Assessment Procedure (BAP) from 6% to 2.5%, amongst others. Read more…
Chalavadi NKD Prasad, CMD, Sai Silks Kalamandir Ltd
Briefly explain to us your business?
Our strength lies in silk sarees which is a booming business in India. Our core business is retailing of sarees, women dress materials, men & kid's wear and sales of gold & silver jewellery. The company has 15 retail outlets across Hyderabad, Guntur, Vijayawada, Bangalore, Kanchipuram and Hanumakonda with cumulative spread of over 1,29,035 sq.feet.
At the core of our strategy is that systems should run the business and we should not be dependent on individuals alone. I come from a software background and have been in the US. I fully understand the importance of technology and chose this business because I thought I could make a difference in this unorganized market of sarees.
We launched loyalty programmes to track the customer’s preferences and serve them accordingly.
Why jewellery business? Do you have a family business of jewellery?
No, we did not have any family business in jewellery. Its interesting to note that in many places in the south, when a to-be bride begins her shopping, she likes to start by purchasing a piece of jewellery. We thought we play a role in the starting point too.
TBZ-The Original unveils ‘Valentines For All’ collection
Valentine's Day - The one day out of the year when we're supposed to express our love for our most loved ones. This Valentine’s Day, Tribhovandas Bhimji Zaveri Limited (“TBZ-The Original”) urges you to fall in love with life all over again with an awe-inspiring ‘Valentine For All’ Collection to express the eternal feeling of infinite love towards all near and dear ones.
You can choose from TBZ-The Original’s scintillating collections specially designed for you. The Collection consisting of alluring sets in gold and diamonds represents wedding specialist TBZ-The Original’s unmatched prowess in innovative jewellery design, a hallmark that has made this more than a century-old company an institution in the realm of jewellery.
Choose from the new sensuous ‘Showstopper’ jewellery collection in gold and diamonds for all occasions such as social gatherings, get-togethers and parties. TBZ–The Original’s exquisite gold and diamond jewellery collection comprises a thoughtfully curated assortment of mesmerizing engagement and wedding rings, beautiful bangles and fabulous Kangans; attention-grabbing necklaces with intricate work; wonderful waist belts (Kamarbandhs) and tantalizing Tikkas amongst others.
The endearing collections connect the east and west in a unique manner, coupled with subtle sensitivity and sensual showmanship. TBZ-The Original “BjouleD” Collection is an exclusive new range of everyday diamonds (black diamonds), specially created for the stylish divas who aim at looking fabulous at all time. Comprising artistically designed techniques, ‘BjouleD’ is an exquisite range of earrings, pendants, rings with most intricately set diamonds in various cuts such as pear, marquise, emerald creating the perfect illusion of a Solitaire.
Gitanjali Gems Q3 net profit at Rs1.72bn
Gitanjali Gems has announced its financial results for Q3FY13 and 9MFY13.
Net Sales in the nine months of FY2013 were Rs. 11,667.9 Cr as against Rs. 8,966.2 Cr. in the corresponding period last year; up 30%
PAT in the nine months was Rs. 472.8 Cr as against Rs. 384.3 Cr last year.
EPS for 9MFY13 was Rs. 51.6, up 16%
Jewellery Sales in the nine months were at Rs. 6,853.6 Cr up 40%
EBIT in the nine months was Rs. 825.1 Cr as against Rs. 648.8 Cr in the corresponding period last year Read more…
Auchan India announces ‘The Imported Food Festival’ across their 13 hypermarkets
Auchan India has announced ‘The Imported Food Festival’ across their 13 hypermarkets in India from 8th February 2013 to 28th February 2013. The food festival, a gastronomical delight is a first of its kind with as many as 10,000 food items sourced globally. Various promotions and discounts across product categories are available for the duration of the festival as well as sampling activities that customers can avail of so that they can be sure of their product choices.
Food items from internationals brands - from organic groceries, juices to sparkling wines, from variants of cereals, spreads, sauces and jams as well as olive oils, pasta, confectionery, snack foods and desserts providing a real treat for food connoisseurs. Stocks are available at all Auchan stores in India which is a one-stop shopping destination for all your grocery and household needs.
Rush to the nearest Auchan store in your city to be among the first to grab these exclusive items at amazing prices! Read more…
Trends in Vogue ‘This Valentine’
Craze of Valentine’s Day soars so much high on girls and guys that they don’t want to leave any stone unturned to make their day groovy. They are so keen to fill the day with unforgettable sweet memories that besides buying attractive gifts, flowers, chocolates, greeting cards, are taking help of medical science to look stunning on this special occasion. This craze is not less even among guys they are coming for consultation with psychological experts to influence or convince their love one or converting their ‘No’ in ‘Yes’. The most popular trends of this valentine are Lip Augmentation, Couples getting tattoo, Non Surgical Cosmetic Procedures together to experience a deeply gratifying bonding experience.
Plump Lips in Vogue for Valentine
In order to make valentine kiss suppler, sensuous, lustring and unforgettable for love one, girls are yearning for well defined, perfect, curvaceous lips through Lip Augmentation. This is the most effective and easy way to get beautiful, inviting lips through Non-Surgical Procedure. On this Valentine's Day a large number of girls are getting their looks enhanced through lip enhancement procedure to please their partners. Read more…
Pan India Paryatan bags two awards
Pan India Paryatan Pvt.ltd, recently bagged IAAPI awards (Indian Association of Amusement Parks and Industries) in the category of the most innovative promotional activity through media and also received the runner up award for the various events organized at the park. The award ceremony was held at Delhi’s Pragati Maidan from January 29th to 31st.
Commenting on the success Mr. Shirish Deshpande - Chief Executive Officer, Pan India Paryatan Pvt Ltd says, we are very happy to receive this prestigious award for two consecutive years, it gives us immense pleasure that our work has been recognized by such an esteemed association and the jury. This award not only motivates us to bring constant innovation in the field of events but also to strive hard to offer something new to our visitors. I take this platform to thank the entire team and Jury of IAAPI for selecting PIPPL and rewarding us for the same.
Kansai Nerolac launches first flagship Shoppe in Mumbai
Kansai Nerolac, one of India’s leading players in the paint industry has launched its first Nerolac Impression Shoppe in - Jogeshwari West, Mumbai.
The store offers you -
- Latest colour trends with wide variety
- Unique Designer Finishes
- Spellbound Experience
- Expert Consultancy
The USP of the Impression shoppe is the All in one Touch Screen. It provides assistance on:
- Painting Guide,
- Designer Finishes (both Interior & Exterior),
- Product Application,
- Ready templates for previews,
- Customized previews as per consumer homes. Read more…
Rudraksh launches designer Manish Malhotra's collection into its denizens
Pune's biggest fashion and multi designer store has recently launched designer Manish Malhotra's collection into its denizens. It was one of the biggest launches that the city had witnessed. It was a mega launch attended by creme-de-la-creme of the city.
Pune has been growing enormously in terms of fashion with all the leading designers/brands entering the city, it is now becoming the destination for fashionistas. The collection created for the Pune market is couture catering to the Indian sensibilities ranging from anarkali suits to georgettes and chiffon bejewelled saris etc.
The colors used are pinks, oranges, whites, reds etc. The drapes, silhouettes and fabrics are perfectly tailored giving an elegant look to the collection. Read more…
Chrono Watch becomes leading online retailing brand on Facebook
Chrono Watch Company has already become the leading online luxury watch retailing brand in India with over 65,000 highly engaged fans on Facebook and over 4,600 avid followers on Twitter. Chrono has by far the largest and most active presence online and on social media sites out of any traditional or online watch retailer in India. Chrono’s facebook and twitter sites are among the fastest growing social media sites in India and its online presence has spread virally to over 20 countries besides India. Over 35% of Chrono’s fans (over 70,000 fans and growing) on social media are from countries outside India, including many fans from North Africa, Middle East, SE Asia and USA. Chrono Watch Company has developed a cult like fan following on social media sties in spite of the fact that we have not sold a single watch yet, and don’t expect to launch our e-commerce website until March 2013.
Chrono Watch Company will be introducing and officially launching over 35 international watch brands in India, which are currently not available in the country. This is the first time any watch distributor has launched such a wide array of premium quality international brands at the same time in any country. Our featured watch brands are mostly from Switzerland, Germany, Italy, France and USA. Read more…
Edmonton attractions pass up to 60% discount
Great news for tourists visiting the Canadian city of festivals, Edmonton. The Edmonton Attractions Pass is on sale with a huge discount of up to 60%.
Considered as one of the most essential sightseeing pass for visitors who want to take in all the best of Edmonton's attraction, the pass will give you admission to 16 of the most visited places in Edmonton and surrounding area including the Valley Zoo, Fort Edmonton Park, Devonian Botanic Gardens and more!
Check out events calendar to see what is happening at each of the attractions as well as the many festivals that Edmonton is home to!
The pass is printed off from your computer as soon as it is purchased, so there is no added stress of waiting for it to arrive in time! It is also available at select hotels in Edmonton and at all AMA locations.
Shoptalk unravels India’s shopping behaviour
In order to truly discover how shopper behaviour has changed in India, as shoppers move from bargaining at mom-and-pop stores to seeking a bargain at hypermarkets, India needed a robust study that had academic rigour, shopper research, analytics and practical application in equal measure.
To do this, the country’s top-ranked business management school - the Indian Institute of Management, Ahmedabad (IIM-A), TNS, KiE Square and Ogilvy Action came together as equal partners.
As per the insights generated from Store Trek, an analytics tool developed as part of this study:
One in two shoppers is a man; one in two shoppers is accompanied
Women who shop with their spouse spend 30-35% more than when they shop alone
On an average, shoppers spend 2-4 minutes in each category
Men who accompany their spouses read the most
People, who shop alone, browse the most and buy the least; women who shop with their spouse browse the least and buy the most
Affluent men with elastic wallets buy a lot on impulse
Categories are bought by impulse. Read more…
Tommy Hilfiger showcases Fall 2013 Women’s Collection at New York Fashion Week
Savile Row meets Ivy League in Tommy Hilfiger’s Fall 2013 Women’s collection which mixes collegiate prep with an irreverent take on British sartorial tradition in the spirit of Tommy Nutter, sixties London’s go-to tailor.
The result gives nod to the era’s inspired history – think Mary Quant, Twiggy and Marianne – and approaches traditional tailoring with a Mod attitude.
The authentic collegiate wardrobe is given new life through innovative detailing and sartorial precision. Iconic menswear references are reinterpreted in custom fabrics: Prince of Wales check in signature red, white and blue, magnified pin-stripes, and argyle layered over black-and-white houndstooth – all in a mix of scales.
College scarves inspire intricate insets that run over outerwear to create a graphic impact from front to back. Read more…