India's biggest conglomerate Tata Group launched an e-commerce venture on Friday, as it seeks its share in a market dominated by deep-pocketed international retailers and startups backed by global tech investors.
London-based brand Simon Carter signed a deal with Aditya Birla Fashion & Retail to enter the Indian market. The group will launch three Simon Carter stores across the metros of Mumbai, Delhi and Bengaluru.
Nordic pulp makers are developing clean ways to turn birch and pine trees into clothes or sofa covers to help revive their industry and meet demand from fashion and furniture firms for alternative textiles to cotton.
CanopyStyle, an initiative launched to protect ancient and endangered forests from clearcutting for fabric production, has managed to bring on board 60 brands, retailers and designers since its inception two years ago.
India's Pantaloon Retail and Future Ventures India will demerge their fashion businesses into a new listed unit that will simplify the businesses into three main segments, the two companies said late on Friday.
Pantaloon Retail, India's biggest retail group, plans to change its name to Future Retail India Ltd, it said, following the spinoff announced earlier this week of its Pantaloons clothing retail chain from the broader ...