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Luxottica Group and Versace announced the early renewal of an exclusive license agreement for the development, production and worldwide distribution of sunglasses and prescription frames under the Versace brand. The ten-year renewal is effective starting April 1, 2020 and is scheduled to expire on December 31, 2029.
“We are pleased to renew our partnership with Versace, which marks the further extension of a long-standing relationship between our two Companies dating back to 2003. Together we continue to create unique collections that express the wonder of Versace’s style through eyewear around the world”, commented Francesco Milleri, CEO of Luxottica.
“Versace is delighted to renew and further develop its strong and successful partnership with Luxottica. We look forward to the next chapter of our relationship where we will continue to innovate in the eyewear category” added Jonathan Akeroyd, CEO of Versace.
“Sloungewear has a luxe feel, combining comforting basics with a futuristic aesthetic. Designed for fitness, sleep or long-haul travel, these transitional pieces focus on comfort and functionality, utilizing well-being fabrics with protective and restorative properties,” says Ram.
“Demonetization was a wonderful move by the Government, but it was badly executed. They did not see the entire scenario. It has disrupted the business (of fashion). There were a lot of times that my employees — like tailors and embroiderers — could not go to the bank. Demonetization impacted them badly,” Rahul Mishra, a regular participating designer at the Paris runways, told IANS.
Khadi Wool Collection will be available in suit lengths as well as swatch samples, so as to offer consumers the choice to select from the eclectic range of offerings. The collection is priced between Rs 1,000 to Rs 3,000 per meter and will be available at select Raymond outlets across India.
India’s top designers including Rina Dhaka, Rohit Gandhi & Rahul Khanna, Ashish N Soni, Krishna Mehta and Pankaj & Nidhi will present their prêt-à-porter lines with six pieces each at AIFW SS18 Grand Finale. These ‘See Now, Buy Now’ capsule lines include festive ensemble across evening-wear, handcrafted in crisp silhouettes by Pankaj & Nidhi, smart-formals in textured jacquards developed in knit fabrics by Ashish N Soni, and occasion-wear collaged together from block printed, tie dyed and embroidered fabric by Krishna Mehta, every-day wear in fluid silhouettes by Rina Dhaka and wardrobe essentials in symmetrical drapes by Rohit Gandhi & Rahul Khanna.
In recent months, Indian consumers too have been treated to some astonishing retail concepts that definitively raise the bar on what ‘experiential retail’ should look and feel like. In the first of a series highlighting outstanding retail concepts across India and the globe, we present the flagship store of Raymond — Ready to Wear (RTW), launched in Bengaluru last year. The outlet was honoured at the IMAGES Fashion Awards 2016 ceremony last month with the ‘Most Admired Store Design Concept of the Year’ recognition.
He told Esquire magazine: “If you want to be in business for a long time, you can’t be snobby or stuck in the mud. You have to just flow with the river. So many people get formulaic. They’re so proud that they won’t change: ‘I do it this way.’ No, you don’t. You did do it that way, but now you need to do it this way.
Chairman, FFA, Joh Vinding said: “For decades, animals in the fur industry has been subjected to intense cruelty, living their entire lives in miserable, filthy cages. Gucci’s new fur free policy marks a game-changer for the whole luxury fashion industry to follow. Gucci is taking a bold stand for animals, showing the world that the future of fashion is fur-free.”
From a humble beginning of supplying raw material to fashion retailers to being reckoned as a fashion brand that is today synonymous with ethnic fashion, Neeru’s has indeed come a long way. The brand kindles fashion with its active participation in fashion weeks and close engagement with celebrity fashion influencers.
Spanning over 1,550 sq.ft., this revamped new format store will house the latest, iconic and most innovative product stories. The interior design of the adidas Originals ‘Fashion Destination Door’ store combines architectural details inspired by Mumbai City’s raw aesthetics uniquely translating the spirit of the city into the store adaptations that connect with these communities’ creative youth cultures. A lounge area with furniture inspired by the Originals Superstar offers a space for intimate interaction with customers and creators alike.
We are present across all major platforms (Myntra, Flipkart, Amazon, Ajio etc.) and have been very successful. We are currently at #1 in selling gear online. Online contributes around 15 per cent of the sales at present, while next year the company is expecting it to be slightly higher at 18 per cent.
“Lux Industries has one of the strongest capability in manufacturing and distribution channels within the organized innerwear segment in India. It is a strategic initiative as we have been consistently looking to associate our proficiency in manufacturing and marketing with premium brands in innerwear space. With One8, Lux Industries aims to disrupt the premium innerwear segment thorough innovative product offerings. We feel extremely confident that the distribution and resource strength of Lux Industries coupled with the youth appeal of Virat Kohli will make One8 the most preferred brand in the premium category for the youth of India in a couple of years”, said Senior Vice President, Lux Industries Ltd., Saket Todi.
Today, with 40 EBO and 22 MBO stores (including the one in Dubai) and approx 4.5 lakh sq.ft. of retail space, Neeru’s is redefining designer ethnic wear in India, making it available to patrons who are connoisseurs of fine design but shy away from buying due to expensive designer tags.