Apparel Licensing Celebrity Licensing Collaborations Lifestyle Retail 

H&M collaborates with Sabyasachi to launch first Indian designer collection

After collaborating with the likes of French luxury fashion house Balmain and Italian luxury fashion company Versace, Swedish fast-fashion retailer, and since its first released designer collaboration with Karl Lagerfeld in 2004, it has put out a series of projects with top designers plucked mostly from the runways of Europe’s fashion weeks. Hennes and Mauritz (H&M) on Tuesday announced its first Indian collaboration with designer Sabyasachi Mukherjee. The designer, under his label Sabyasachi, is known for the use of Indian textiles in the construction of modern silhouettes. The new line…

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Fashion & Accessories 

Its official! Michael Kors acquires Versace for $2.12 billion

It’s official now! In the race to build America’s first-ever luxury conglomerate, Michael Kors Holdings, now renamed Capri Holdings, has acquired the world-famous Italian fashion house Versace for a value of approximately USD 2.12 billion, including debt. The primary cash deal — with only €150 million in stock is expected to close in the fourth quarter of 2019, reduce earnings in the first year, but contributing profits starting in year two. “This is a very exciting moment for Versace. It has been more than 20 years since I took over…

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Brand & Lifestyle Collaborations Retail 

IKEA all set to foray into India in July, may trigger a price conflict

In what could give a stiff competition in the furniture market, Swedish furniture maker IKEA could trigger a price war in India’s USD 49.5 billion home furniture and furnishings market. The first 400,000 square feet IKEA store in Hyderabad, which will offer about 15% of its products at Rs 200 or less is all set to open in July. According to a Hindustan Times report, the world’s largest furniture retailer is set to reduce prices further to attract to a wider Indian audience. “We are very confident that we will…

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Fashion Licensing 

Versace collaborates with Unity Group, to build luxury apartments in Delhi

In what can be called as a true example of luxury meets realty, Italian fashion brand Versace is is all set to enter the homes segment in Delhi. Versace has collaborated with Delhi-based real estate developer Unity Group to develop luxury apartments in the central area of the Capital. The project will comprise of 160 branded luxury apartments with all the residential units at 5 BHKs, with an investment of about Rs 500 crore (Twin Towers). The total project cost is Rs 3,000 crore. Unity Group, which has built over…

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Celebrity Licensing Fashion Licensing 

Zayn Malik teams with Versace for clothing collection 

Zayn Malik joins the Fashion world with a capsule collection The singer will design a capsule collection dubbed Zayn x Versus, which will feature menswear and womenswear. Working in close collaboration with Donatella Versace, the range will drop in May 2017, and will be available from Versus stores worldwide and online. Malik revealed that, “I think Versus has always been a very cool brand. It’s a great brand for me and for people in my generation. I’ve always wanted to design clothes, and there’s no brand I’d rather design for than…

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