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ethnic wear: Indian wear business slows down in times of fast fashion

Bestseller is closing its Indian ethnic wear brand Indifusion due to poor sales and shifting consumer trends. The company, known for western brands like Jack and Jones, bought Indifusion during the pandemic but struggled to understand and operate in the Indian wear market. The decline in traditional wear is part of a broader trend, with consumers increasingly choosing versatile, comfortable clothing for multiple occasions. Fusion wear, combining traditional and modern styles, is growing in popularity, driven by factors like the rise of the female workforce and fashion trends. ....

Devarajan Iyer , Vero Moda , Pakhi Saxena , Lifestyle International , Global Desi ,

Tata Group in talks with Fabindia promoters for stake acquisition, says report

Ongoing discussions with the Tata Group suggest that the acquisition may value Fabindia at an amount lower than the initial estimae of $2.5 billion. ....

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'Global Indians' in the 21st century: Why Desis are the most prepared diaspora for the mad new world order

Given that Indian settlers are generally law-abiding citizens with a high focus on education and are positive contributors to the local economy they are considered a model minority group. India’s rising economic stature and the government of India’s regular engagement with the diaspora have raised the diaspora’s stock within the host nation. ....

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