Inditex to start selling Zara branded cloths online
Europe’s leading clothing retailer Inditex has announced their plans to start selling Zara branded cloths online.
They are aiming to launch the online store before the end of the current year in some European markets.
The company said in a statement: “Zara will start online sales for [...]
Mattel set to re-launch Barbie
Toy Company Mattel has revealed that they are working on a new strategy for Barbie.
Mattel said that they are going to change the packaging and the marketing strategy to showcase Barbie as a fashion symbol.
The change would be implemented on the point of sale of Barbie dolls in addition to the [...]
DLF Brands to bring Donna Karan New York to India
India based real estate giant DLF has announced that they are going to bring the luxury brands DKNY and Donna Karan New York to the Indian market.
These brands would be introduced in India through their DLF Brands subsidiary.
The company said that they are aiming [...]
Nike online sales seeing a major boost
Nike’s US chief Mark Parker has stated that the company is seeing a major increase in sales through online outlets.
He said: “We’ve seen a fairly dramatic increase in online sales.”
Parker was speaking at the annual meeting of the World Economic Forum.
He said that this was probably because a [...]
Woodland spending big to expand in India
Woodland brand is pretty popular amongst the teenagers in the Indian market.
The company is now planning to invest up to Rs 200 crore in the next 12 months on their expansion plans.
They are aiming to open 75 more stores in the country. The plan is to also enhance the [...]
Reliance Industries re-launches Vimal brand
Reliance Industries has announced the re-launch of the Vimal brand in the Indian market. The company unveiled the first of showrooms in Ahmedabad.
RIL President, Textile Business, Anand Parekh talked about their plans for the Vimal brand: “We today launched the first exclusive showroom of re-launched Vimal in Ahmedabad, the birth place [...]
Glenn Murphy is the new CEO and chairman of GAP
Apparel company GAP has announced that they are now appointing Glenn Murphy to serve as chairman and chief executive officer.
The company has been struggling in the recent times as they face intense competition in the market.
Murphy would be taking over from Robert J. Fisher who [...]
British luxury brand Dunhill coming to India
India based textile company S Kumars Nationwide Ltd has announced that they have signed on a marketing agreement with British luxury brand for men Dunhill.
They would be bringing the brand in the Indian market and would be launching four stores in the next two years to retail the brand.
SKNL [...]
Gap could consider layoffs to cut costs
News media group New York Post has claimed in a report that the Clothing retailer Gap Inc. is considering cutting a large number of jobs to cut costs.
The report cited three people who are familiar with the internal talks going on in the company. The report in the paper [...]
Gary Muto is the new president of Gap Adult and GapBody
Gap Inc. has announced that they are appointing Gary Muto as president of Gap Adult and GapBody. This is the latest major executive change taking place at the company.
Muto was till recently the head of their Forth & Towne chain of stores. Gap had recently [...]
