Buoyed by the success of e-commerce players like Jabongand Myntra, textile companies like Arvind Ltd, TT Ltd and Creative Lifestyles, among others are exploring the online market through their own e-commerce platforms.
Acquisition of Debenhams signals the entry of Arvind into the Bridge to luxury department store segment, it added.
In a break from the recent trend, retailers, led by Kishore Biyani's Pantaloon Retail (India) Ltd, Raheja-owned Shoppers Stop Ltd and the Lalbhai Group's Arvind Ltd, are experiencing strong growth in the fashion segment, thanks to positive consumer sentiments during the current festive season.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Arvind Ltd would pay $3.2 million to Ralph Lauren to settle a lawsuit the US-based luxury fashion house filed in 2013.
Arvind, Electrotherm, Shah Alloys have surplus power to sell. Ahmedabad-based stainless steel manufacturer Shah Alloys, denim maker Arvind Ltd and electric two wheeler producer Electrotherm are currently producing surplus power from their CPPs and they are looking at selling it.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Find out what your favourite cricketer Sachin Tendulkar has been up to these days here.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
There are also talks of branded garments being put under the luxury tax slab, which could be higher than 18 per cent.
While the Bongaon municipality accommodates 1,200 trucks, the rest are at the mercy of private parking lots, where contractors charge an upfront fee of about Rs 4,000 per day.
The country's franchise industry is estimated at $24 billion with a year-on-year growth of 30 per cent.
Real test of the rally in this segment will be the upcoming result season.
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