Jasodhara Banerjee, Forbes India 31 December 2024 Once, there was alabaster. Then, there was porcelain. And now there is glass. And no, we are not talking about the different kinds material to make fine, delicate objet d’art, but the quality and texture of facial skin—smooth, flawless and luminescent—that humans aspire to. While a Google search for the term ‘glass skin’ will churn out hundreds of results that describe not just what the term means—tracing it to Korean skin care routines and products—but also detail the meticulous steps, varying between five and 11, that will apparently make you look like your…
Opinion piece by Devangshu Dutta, published in TexFash.com 12 December 2024 TLDR: Quick commerce needs to have a profitable business on a much narrower product profile. The more predictable and basic the product, the more it suits a Q-commerce business model.There’s potential for basics (e.g. T-shirts in common colours, innerwear, socks, and hosiery), last-minute outfit changes, urgent replacement for damaged clothing, event-driven products, or specially promoted products that look like great deals.We shouldn’t confuse quick commerce with “fast fashion”. What is fast in quick commerce is the speed of decision making and shopping that is enabled by a limited choice,…
Sagar Malviya, Economic Times Mumbai, 14 December 2024 Fast fashion was on a slow lane in the last fiscal year. Sales growth slowed for top retailers and fast fashion brands, show the latest regulatory filings of Marks & Spencer, Zara, H&M, Levi's, Lifestyle, Uniqlo, Benetton and Celio. The bottom line too had taken a hit, with most brands posting lower profits in the fiscal year ended March 31. Sales growth of H&M and Zara fell from 40% in FY23 to 11% and 8% in FY24, show the filings with the Registrar of Companies. Levi's growth slowed to 4% from 54%…
Sharleen Dsouza, Business Standard Mumbai, 8 Dec 2024 The legal battle between Mahindra Electric Automobile and IndiGo Aviation over ‘6e’ continues in court, and brand experts believe the case is unlikely to stand up in law. However, Mahindra is receiving free publicity from this trademark infringement fight. As the case progresses in the Delhi High Court (HC), Mahindra issued a statement on Saturday, saying, “We are hence taking the decision to brand our product BE 6.” However, brand experts argue that since both companies operate in different sectors, there should not be any legal issues. “Ideally, there shouldn’t be confusion,…
Sagar Malviya, Economic Times 4 December 2024 Demand for sportswear from running shoes to joggers and yoga mats slowed down for leading firms such as Puma, Adidas, Nike, Skechers and Asics, halting their sprint since the easing of the Covid-19 pandemic when they doubled their sales in two years. Sportswear firms have reported 1-25% year-on-year increase for 2023-24, down from 35-85% increase for the previous financial year, according to the latest regulatory filings. While demand for fitness wear and sports equipment for disciplines other than cricket grew as people prioritised health with the onset of Covid-19, consumers cut back on…
Geopolitical friction has again sparked renewed concerns over inflation and rising input costs for FMCG companies as @itmeansjustice @whysnavi write. @devangshu commented.
