All India articles
-
Article
EFTA states and India deepen economic partnership with new trade agreement
On March 10, the European Free Trade Association (EFTA) countries – Iceland, Liechtenstein, Norway and Switzerland – and India signed a Trade and Economic Partnership Agreement (TEPA). The landmark agreement between India and EFTA will bring significant economic benefits, such as better integrated and more resilient supply chains, new opportunities ...
-
News briefs
Adidas opens Home Of Sport concept store in Mumbai
Adidas has opened a Home Of Sport concept store in Mumbai on Linking Road with a retail space of 585 sqm over four floors, according to LinkedIn. The store has the first ever “Run Lab” in India, offers a “Made for you” zone where customers can co-create designs in collaboration ...
-
News briefs
Adidas to set up GCC in East India
According to reports in Indian media, Adidas is setting up its first and only global capacity center (GCC) in Asia outside China in the eastern Indian city of Chennai. The location will enable the company to focus on key processes within the organization. Adidas has a headquarters in Gurugram, but ...
-
News briefs
Skechers opens distribution hub in Mumbai
Skechers opened a national distribution center near Mumbai, India. The 55,700-sqm facility is located in the Lodha Industrial and Logistics Park in Kalyan and has the capacity to dispatch up to 60,000 pairs of shoes daily. The site represents the initial phase of a strategic partnership to develop a 102,000-sqm ...
-
News briefs
Foot Locker expands to India
US specialty athletic retailer Foot Locker has entered into a long-term partnership with Metro Brands Ltd. and Nykaa Fashion to enter the Indian market. While Metro Brands will have exclusive rights to own and operate Foot Locker stores in India, Nykaa Fashion will be the exclusive e-commerce partner to operate ...
-
News briefs
Asics announces first Indian event promoting start-up collabs
Asics Corp. has announced that Asics Ventures Corp., its investment arm, will host an event with Indian start-ups titled Asics Innovation Pitch in India. The event is powered by the Indian firm GHV Accelerator. This is Asics’ sixth program for start-ups, following the Asics Tenkan-Ten, which was held twice in ...
-
News briefs
Bata India launches athleisure clothing line
Bata India is entering the athleisure clothing market by launching Power Acti-Wear, a new clothing range, part of its wider “Power” portfolio of products. The new versatile line comprises a range of T-shirts as well as shorts and tracks, featuring technologies like Qik-Dry, Acti-Vent, Acti-Stretch and Feather ...
-
News briefs
Superdry transfers IP for South Asia to joint venture with Indian retailer
India’s largest retailer, Reliance Brands Limited (RBL), through its wholly-owned subsidiary in the UK (RBUK), signed a definitive agreement to form a joint venture with British fashion brand Superdry PLC to acquire its intellectual property for the territories of India, Sri Lanka and Bangladesh, the company said in a statement. ...
-
News briefs
Puma’s Voices of a Re:Generation initiative sees addition in India
Source: Puma Aishwarya Sharma Puma has expanded the regional reach of its Voices of a Re:Generation initiative beyond Europe and the U.S., adding Indian sustainable fashion advocate Aishwarya Sharma to the project. Sharma is part of Puma’s list of thought leaders in the year-long project, which aims ...
-
News briefs
Lacoste to double number of stores in India
French apparel brand Lacoste plans to open around 50 standalone stores in India over the next five years, Business Standard has reported, based on an interview with Lacoste’s CEO for the Asia-Pacific region, Marcus Meyer. The brand currently has 42 stores and seven digital marketplaces in India and plans to ...
-
News briefs
Cricketer Deepak Chahar launches new sports brand in India
Deepak Chahar, the 31-year-old cricketer who plays in the Indian Premier League and team India, has officially launched a new sports brand called Dnine Sports. The brand will be incorporated under Lcdc Athletics Private Ltd., which Chahar co-founded with his father, Lokendra Singh, last year. Dnine’s products, designed to enhance ...
-
Article
Russian sporting brand Putin Team Russia unveils expansion plans
Putin Team Russia, a major Russian sporting goods company, is negotiating to open its first stores in foreign markets, Dmitry Shiskin, the company’s owner, disclosed. The company plans to start with flagship stores in China, India, the United Arab Emirates and the countries of the CIS region. The brand is ...
-
News briefs
Bata India reportedly exploring partnership with Adidas for local market
Bata India said that it is exploring the opportunity of a partnership in its domestic market but had no developments to announce. ”We would like to inform that the company continues to explore opportunities for strategic alliance/collaborations/tie-up for the Indian market, and as and when matters arise that require disclosure, ...
-
News briefs
Nike Rise concept store opens in India
Nike has opened its first digital flagship concept store, Nike Rise, at Phoenix Marketcity in Chennai on the Bay of Bengal in eastern India. The store was opened by RJ Corp, India’s leading conglomerate operating sports and F&B franchises, on August 6, 2023. Spread over 470 square meters, Nike Phoenix ...
-
News briefs
India’s leading fitness brand signs Bollywood superstar
Source: PRNewsfoto/Cult.fit Cult.fit onboards actor Ranveer Singh as brand ambassador Cult.fit, India’s leading health and fitness brand founded in 2016 by Mukesh Bansal and Ankit Nagori, announced Indian actor-superstar Ranveer Singh as its new brand ambassador, taking on the role of Cult.fit’s “Motivator in Chief.” The association ...
-
News briefs
India considers incentivizing the textile industry to promote sustainability
The Indian government is considering incentivizing the textile industry to help promote sustainability practices, Fibre2Fashion has revealed. Roop Rashi Mahapatra, textile commissioner at the Government of India, delivered the message in a webinar titled “Sustainability in Action: Exploring Circularity and Sustainable Solutions in the Textile Industry,” organized by Fairtrade India ...
-
Article
OrthoLite appoints new GM for India
Source: OrthoLite India Vikash Bajargyan OrthoLite, the global leader in branded comfort footwear, announces the appointment of Vikash Bajargyan as the new General Manager of OrthoLite India (OIN). In his new position, Bajargyan will oversee OIN’s overall operations. This includes leading manufacturing and business development, as well ...
-
News briefs
Amazon to invest $26 billion in India business
Amazon said it wants to significantly increase its investment in India by 2030. After CEO Andy Jassy met Prime Minister Narendra Modi in the U.S. last week, Jassy said he wants to put $26 billion into the country, adding $6.5 billion to planned new investments. An exact breakdown of the ...
-
News briefs
Pou Chen to invest $280 million in India
The Indian state government announced April 17 that a subsidiary of the world’s largest maker of branded athletic footwear, Pou Chen, will invest 23 billion rupees (€256 million) to set up a manufacturing plant in Tamil Nadu. The Taiwanese footwear maker, which sells brands such as Nike, Adidas, New Balance ...
-
News briefs
Adidas and Bollywood star team up to challenge Indian stereotypes
Source: Adidas Originals Ranveer Singh Adidas Originals has unveiled a new campaign for the Indian market featuring existing brand ambassador and Bollywood star Ranveer Singh. With this move, Adidas aims to bring back the streetwear mentality to elite fashion and “democratize access to culture and empower the ...