Debenhams to open stores in Latvia & Estonia

British retailer Debenhams has announced it is to strengthen its foothold in the Baltic market by opening two stores in Latvia and Estonia. Based in Riga and Tallinn, the new stores are a further step towards one of the retailer’s key growth pillars to expand the brand internationally. Debenhams will bring the department store concept […]

Arvind Lifestyle acquires licence to sell US inner wear brands

Arvind Lifestyle Brands, a subsidiary of Arvind Ltd, has acquired the licence to manufacture and distribute inner wear brands Hanes and Wonderbra (also a part of US-based Hanes Brands Inc). It would be spending Rs 15 crore in buying out the existing stock of the products in India and there would be no cost in […]

Debenhams lures shoppers and investors alike

Despite starting the week with losses Monday, the FTSE 100 remained above 6,000 after the strong rally at the start of 2013. The British benchmark index was in line with other European stock markets, which remained flat. Big news was Germany´s exports slowdown. In the UK, Debenhams reported record December sales, thanks to a 5 […]

Long, midi dresses on demand this Xmas: Debenhams

Long, midi length dresses have overtaken their mini counterparts as the must-have shape to shake on the dancefloor this Christmas party season, according to Debenhams. Fewer women are opting for thigh-revealing dresses than ever before, as the trend towards longer styles is catching on. Sales of some midi styles are up as much as 168% […]

Buyers, suppliers praise London fashion sourcing event

Launched in 2011 as a fledgling event with just  seventeen exhibitors and three countries represented, the 2012 edition of Fashion SVP, held in September at Olympia, saw the number of exhibitors more than double to thirty-six, the number of countries represented increased to twelve, and the successful introduction of industry seminars, focusing on key sourcing […]

Arvind plans aggressive brand strategy

After acquiring India operations of three major international apparel brands Debenhams, Next and Nautica, Arvind is all set to make it big in the organised apparel market. Arvind Lifestyle Brands, subsidiary of Arvind, which already has an impressive brand line-up comprising Tommy Hilfiger, US Polo Assn, Elle, Geoffrey Beene, Arrow among others, acquiring the business […]

Arvind Lifestyle pays Rs 55 crore to retail 3 global brands

Mumbai: Arvind Lifestyle Brands, a subsidiary of Arvind Ltd, one of the largest players in the apparel brands and retail space, has announced the acquisition of the business operations of British fashion retailers Debenhams and Next and American lifestyle brand Nautica in India from Plant Retail. Announcing the acquisition, Mr Sanjay Lalbhai, Chairman & Managing […]

Arvind Brands targets Rs 5,000cr sales in 5 yrs

Arvind Lifestyle Brands, a unit of textile firm Arvind Ltd , expects sales of Rs 5,000 crore in the next 5 years, helped by strong growth in the existing business and acquisition of new brands. While the company expects Rs 3,000 crore sales from organic growth, Rs 2,000 crore sales are expected from acquiring brands […]

Arvind acquires Debenhams, Nautica and Next business in India

Arvind Lifestyle Brands, subsidiary of Arvind Ltd, one of the largest players in the apparel brands and retail space, announced the acquisition of the business operations of British fashion retailers Debenhams and Next and American Lifestyle Brand Nautica in India from Planet Retail. Announcing the acquisition, Sanjay Lalbhai, Chairman & Managing Director of Arvind Limited […]

Planet Retail may sell apparel brand rights to Arvind

Ramesh Tainwala-led Planet Retail, will completely exit the rights for apparel brands Nautica, Next, and Debenhams, which it holds. The company has finalised a deal to sell them to textile and apparel major Arvind. An announcement on this is expected in three to four days, said a source in the know. Though Tainwala did not […]