Lyskraft raises $26 million in funding round led by Peak XV Partners
Gurugram-based fashion platform Lyskraft has raised $26 million ($216 crore) in a seed funding round led by Peak XV Partners .
Gurugram-based fashion platform Lyskraft has raised $26 million ($216 crore) in a seed funding round led by Peak XV Partners .
German footwear brand Birkenstock has strengthened its retail footprint in the Indian market with the launch of its first store in the city of Mumbai.
Multi-brand luxury Indian fashion retailer Ogaan will hold a business to customer shopping fair to spotlight up and coming designers and brands on May 2 in Hyderabad.
Flipkart’s fashion arm Myntra welcomed a total of 75 million new users over the past 12 months with the majority coming from non-metro locations, according to its ‘Myntra Trend Index’ for the 2024 financial year.
Value fashion and lifestyle retailer V2 Retail has opened three new brick-and-mortar stores in non-metro locations Sitapur, Tezpur, and Khalilabad to reach new customers and build brand visibility.
Tata's Trent is expected to have outperformed other Indian apparel chains last quarter, overcoming sluggish demand and restrained consumer spending by rapidly opening more of its youth-focussed, low-priced stores.
Sportswear and retail business Agilitas Sports plans to open 200 stores for apparel, footwear, and accessories brand Lotto in India and aims to have its first outlet operational by early 2025.
Beauty and personal care retailer The Body Shop has transformed select existing stores in Ahmedabad, New Delhi, and Kochi to celebrate Indian culture and prioritise cultural immersion in the country.
Macho Sporto, a premium innerwear brand has signed Bollywood actor Sidharth Malhotra as its new brand ambassador.
E-commerce giant Flipkart is focusing on quick commerce for growth and the business’ senior vice president and group supply chain head Hemant Badri will helm the operation.
Online fashion business Zilingo’s co-founder and former CEO Ankita Bose has registered a FIR against co-founder Dhruv Kapoor and chief operating officer Aadi Vaidya with charges including cheating and harassment.
Fine jewellery business Jaipur Jewels Global Limited has opened up its ‘Pirohee’ jewellery stringing service to new customers to promote the endurance of heirlooms and sustainability.
Baccarose Perfumes & Beauty Products Pvt Ltd has collaborated with spiritual guide Pierre Ravan to launch an exclusive luxury fragrance brand ‘Eternal Journey’.
Nivea India, a beauty brand has partnered with Nykaa to launch its sun care range exclusively on the latter’s platform in the Indian market.