Shein, the Chinese fast-fashion giant, is making its long-awaited return to India after a four-and-a-half-year hiatus. The company was banned in June 2020, along with 200 other Chinese apps, by the Ministry of Electronics and Information Technology (MeitY). Now, Shein is partnering with Reliance Retail to re-enter the market, starting with a backend test launch…
Representative image India’s leading fashion e-tailer, AJIO, on Thursday announced the launch of H&M on its platform. This partnership aims to enhance H&M’s online presence, complementing its existing omni-channel offering by making affordable, high-quality fashion accessible through AJIO, which adds another top international brand to its robust brand portfolio. This collaboration is surely going to…
Representative image India’s apparel retail industry has grown at a compounded annual growth rate (CAGR) of 10.2 per cent over the past decade. This growth has been fuelled by rising disposable incomes and rapid urbanisation, leading to a shift from unorganised to branded retail. As per a research report by the financial advisory firm Centrum,…
