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innovation in Activewear propelling its steady growth

We have seen global fashion industry struggling with massive inventory in 2022 that piled up in their stores and warehouses, partly due to shipping delays from sourcing countries and majorly due to retailers’ misjudgement of consumer demand, the ongoing recessionary trends and many other factors such as the ongoing Russia-Ukraine war.

We have seen global fashion industry struggling with massive inventory in 2022 that piled up in their stores and warehouses, partly due to shipping delays from sourcing countries and majorly due to retailers’ misjudgement of consumer demand, the ongoing recessionary trends and many other factors such as the ongoing Russia-Ukraine war.

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RETAIL RIGHT / NEWS

www.apparelresources.com

Reliance Retail partners with NBA to launch its

merchandise

Reliance Retail, a subsidiary of

Reliance Retail Ventures Ltd.,

has partnered with NBA for a

multi-year collaboration to sell

the organisation’s merchandise

at its stores in India. Built

around five professional sports

leagues – the NBA, WNBA,

NBA G League, NBA 2K

League and Basketball Africa

League – NBA has established

a major international presence

with games and programming

available in 214 countries and

merchandise for sale.

The latest products are

available at selected Reliance

Retail stores across India and

on a variety of e-commerce

platforms including Reliance

Retail’s website. Reliance Retail

will also offer interactive NBA

experiences for visitors in stores

such as sweepstakes, Reliance

Nykaa Fashion brings Revolve to Indian

consumers

Nykaa Fashion has partnered

with California-based fashion

retailer Revolve valued at

US $ 1.23 billion to launch

the latter’s brands in the

Indian market.

With this association, Nykaa

Fashion will house over 400

brands across apparel, footwear

and accessories, from the global

powerhouse Revolve on its

online platform.

Adwaita Nayar, Co-founder

of Nykaa, during the launch,

expressed happiness to onboard

an international partner like

Revolve that offers a great

portfolio of brands. She also

Foundation Jr. NBA activations

and game highlights on TVs at

the store.

The collaboration with Reliance

Retail would strengthen its

retail presence in India, said

NBA Senior Vice President

of International Licensing

and Business Development,

Rob Millman. He also added

that, “As the NBA continues

to become more popular in

India, we make sure they

have the same opportunities

as Americans. That’s why we

expanded our availability”.

Reliance Retail President &

CEO (fashion and lifestyle)

Akhilesh Prasad was equally

thrilled and said: “Our goal is

to ensure that Reliance Retail

stores are the go-to destination

for NBA fans across the

country.”

mentioned that Revolve’s

approach to fashion is an ideal

match of diversity and inclusion

along with style, and celebrityloved

offerings with dedicated

sustainable goals.

The partnership with Nykaa

Fashion is a natural fit that

aligns with Revolve’s brand

principles, which aim to deliver

an elevated customer experience

with their wide catalogue of

international styles to the

Indian market, said Kai Li, Vice

President at Revolve. He added

that he is equally excited to

work with Nykaa Fashion.

SNIPS

Reliance Brands

to open its first

Valentino

boutique store in

New Delhi

Premium

menswear

brand Selected

Homme launches

a new digital

campaign

with brand

ambassador Saif

Ali Khan

presenting the

brand’s Autumn/

Winter 2022

collection

Alia Bhatt’s D2C

fashion brand

Ed-a-Mamma

plans to expand

its reach in

international

markets

Raw Mango

launches new

collection

‘Peacock Country’

Luxury kidswear

brand Les Petits

launches exclusive

collection for the

Indian festive

season

Monte Carlo

Fashions records

revenue growth of

5 per cent in Q2 of

FY ’23

18 AO India | November 2022

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