Gucci, Armani Stores In India

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As the government of India decided to allow 100 percent foreign direct investment (FDI) in single-brand retail, it is seen as a “revolution” in the world of fashion business. This scheme has already attracted Italy as several companies have shown interest in setting up stores in the country.

Italian Trade Commissioner Erica Di Giovancarlo said businessmen of both the countries can collaborate in sectors like automobiles, fashion and textiles through joint ventures. The decision has proved be a green signal for global Italian chains like Armani, Gucci and Prada to have full ownership of their India operations.

Italy, a world leader in fashion designing, is interested to setting up businesses with India and to boost trade ties between the two countries, a three-day ‘Expo Riva Schuh Fair’ is being organised from 5 July. The exhibition will offer high-end products which include bags, belts, footwears and leather accessories.

The bilateral between India and Italy stood at $ 8.8 billion during 2010-11.

Juelle To Add Loungewear

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After creating a niche for itself in the top-wear segment in just two years of launch, Juelle plans to add lounge wear to its product portfolio. The range will include track suits, long pants, full sleeve T-shirts and hoodies. It will be manufactured using a combination of fleece and French terry. Some portion of it will be heavy sinker and slightly heavy VSM fabrics will be used for tops. Hoodies will be made of fleece. After creating a market for upper wear category, the lounge wear is the entrance to bottom wear. They also plan to do casuals like shorts and demin.

From the house of Turbo Retail, the brand has achieved a turnover of Rs 18 crores last fiscal and the company is looking at 20 to 25 per cent growth this year. As they are from Ludhiana, they feel knitwear is the easiest way to start a brand but it is also facing several roadblocks such as government policies, excise duty, cotton price fluctuations etc.

Manish Malhotra showcases in Qatar

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Manish Malhotra, India’s leading fashion designer showcased his collection at an exclusive fashion show at the Rivaage showroom at the Royal Plaza in Qatar. The show was inaugurated by Indian Ambassador Deepa Gopalan Wadhwa and featured 46 exclusive designs inspired by the traditional fashion from Kashmir and included wedding apparels, lehengas and long kurtas.

Malhotra who is known for his fusion of Indian culture with Western designs has been making them easily wearable for the modern woman. The designer has also been creating designs for many leading actresses in Bollywood. He is known for his different style and ability to create a ‘look’ for the character.

According to the designer, there is not much difference in the styles between Indian and Arabic outfits. The designer’s lovely collection will be available to Qatar residents at Royal Plaza’s Rivaage Boutique, which offers a wide range of designer outfits for the fashion connoisseur.