The Souled Store acquires Redwolf to strengthen pop culture merchandise portfolio
Mumbai: D2C fashion and lifestyle brand The Souled Store has acquired Redwolf, a fellow player in the pop culture merchandise space, in a move aimed at consolidating its position in the fandom-driven apparel and accessories market, according to a media release.
Redwolf's founding team—Ameya Thakur, Rahul Jaisheel, and Vivek Malhotra—will join The Souled Store post-acquisition. The founders are expected to bring strategic and creative value to the combined entity as it looks to scale offerings across licensed merchandise categories.
'This was a logical next step in our journey. We're excited to tap into The Souled Store's scale to expand Redwolf's reach,' said Vivek Malhotra, Co-founder, Redwolf.
The acquisition will allow The Souled Store to expand its portfolio across movie, television, music, and gaming-based merchandise. It also reflects the increasing consolidation in India's niche lifestyle D2C segments, as brands look to widen reach and operational capabilities.
Founded in 2013, The Souled Store has built its brand around fandom-based fashion, with licensed collections from properties like Marvel, DC, and popular Indian IPs. Redwolf, known for its design-focused approach and indie appeal, has similarly carved out a loyal audience among pop culture enthusiasts.
READ SOURCE
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time Business News
9 hours ago
- Time Business News
Beginners Guide to Business Consulting Firms in Gurgaon
In today's competitive world, running a business successfully requires more than just a great idea. You need strategic planning, financial management, digital presence, and compliance support to grow sustainably. That is why business consulting firms in Gurgaon are becoming the backbone for startups, SMEs, and large enterprises. They guide businesses through challenges, provide expert advice, and implement solutions that ensure long-term success. If you are new to the concept of consulting services, this beginner-friendly guide will help you understand what business consulting firms do, why Gurgaon is a hub for such firms, and how a trusted partner like Concat can support your journey toward growth. Business consulting firms are organizations that provide expert advice to businesses in various areas such as finance, operations, marketing, human resources, and technology. Instead of hiring multiple full-time experts, businesses can hire consultants who bring specialized knowledge and tailor solutions for specific needs. For example: If you want to expand your business into international markets, a consultant can prepare an expansion strategy. If your company struggles with online visibility, digital marketing consultants can boost your presence. If compliance with HR laws is a challenge, HR consulting experts can manage it for you. Simply put, consulting firms act as partners who solve problems, optimize processes, and unlock growth opportunities. Gurgaon, also known as Gurugram, has transformed into a thriving corporate and startup hub in India. Its proximity to Delhi, modern infrastructure, and presence of multinational corporations make it an attractive city for businesses. Here are some reasons why business consulting firms in Gurgaon are in high demand: Corporate Ecosystem – Gurgaon is home to global giants, IT companies, and emerging startups, all of which require consulting services. Talent Pool – The city has skilled professionals in finance, law, digital marketing, and IT. Global Exposure – Many consulting firms in Gurgaon serve clients across the world, bringing international expertise to Indian businesses. Accessibility – With easy connectivity to the airport and major highways, Gurgaon is convenient for both domestic and international clients. This makes Gurgaon a natural choice for businesses looking for expert consultants. A beginner may think consulting is only about giving advice. However, it is much more than that. Consulting firms in Gurgaon offer diverse services, such as: Business Strategy Consulting – Designing roadmaps for growth, market entry, and business expansion. Finance Consulting – Services like virtual CFO, taxation guidance, and budgeting. Human Resources Consulting – Outsourcing HR functions, ensuring compliance, and managing employee relations. Digital Marketing Consulting – SEO, content marketing, social media, and online branding. Legal and Compliance Consulting – Virtual legal officers, contract management, and regulatory compliance. Technology Consulting – Digital transformation, IT infrastructure management, and virtual CIO services. By combining these services, consulting firms create 360-degree solutions that address every business challenge. While many firms operate in the city, Concat has established itself as a trusted name in the consulting space. With offices in India and Dubai and clients across the USA, UK, Australia, and Canada, Concat offers global-quality services tailored for local businesses. Here's why Concat is a preferred partner for many companies: Comprehensive Services – From business strategy to HR outsourcing, from virtual CFO to digital marketing, Concat provides an end-to-end suite of services. – From business strategy to HR outsourcing, from virtual CFO to digital marketing, Concat provides an end-to-end suite of services. Expert Team – The consultants at Concat have years of experience across industries, ensuring practical and results-driven solutions. – The consultants at Concat have years of experience across industries, ensuring practical and results-driven solutions. Global Reach – Working with international clients gives Concat a unique edge in providing insights that align with global standards. – Working with international clients gives Concat a unique edge in providing insights that align with global standards. Customized Approach – Instead of a one-size-fits-all model, Concat designs strategies that suit your unique business goals. – Instead of a one-size-fits-all model, Concat designs strategies that suit your unique business goals. Focus on SMEs and Startups – Concat understands the challenges faced by small and medium businesses and helps them scale sustainably. For businesses in Gurgaon, Concat acts as a one-stop partner for growth, compliance, and digital transformation. As a beginner, you might ask, 'Do I really need a consulting firm?' The answer is yes, especially if you want to save time, avoid costly mistakes, and accelerate growth. Here are a few scenarios where hiring a consulting firm can help: When expanding into new markets – Consultants can conduct market research and prepare a go-to-market plan. – Consultants can conduct market research and prepare a go-to-market plan. When struggling with finances – Virtual CFO services can help you manage cash flow, taxation, and compliance. – Virtual CFO services can help you manage cash flow, taxation, and compliance. When lacking HR expertise – Virtual HR services can handle employee policies, recruitment, and labor law compliance. – Virtual HR services can handle employee policies, recruitment, and labor law compliance. When your business lacks online presence – Digital marketing experts can strengthen your brand visibility. By outsourcing these tasks to experts, you can focus on your core business while ensuring other functions are professionally managed. If you are looking for business consulting firms in Gurgaon, here's a simple step-by-step process: Define Your Needs – Do you need finance consulting, HR services, or digital marketing? Research Firms – Shortlist firms with proven experience and strong client testimonials. Check Service Offerings – Ensure they provide both core and supporting services. Evaluate Costs – Compare service charges and choose a firm that offers value for money. Ask About Customization – Avoid firms that push generic solutions; look for personalized strategies. Start with a Trial Project – Test their expertise with a short-term project before committing long-term. When you follow these steps, firms like Concat will stand out for their credibility, expertise, and wide service offerings. In conclusion, business consulting firms in Gurgaon play a vital role in helping organizations grow and thrive in a competitive environment. Whether you are a startup seeking guidance, an SME managing compliance, or a large corporation aiming for global expansion, consulting firms provide the roadmap to success. Among these, Concat has built a strong reputation by offering end-to-end consulting services that cover finance, HR, legal, digital marketing, and business strategy. With its expertise, global experience, and client-focused approach, Concat is the ideal partner for businesses in Gurgaon and beyond. TIME BUSINESS NEWS
CNBC
17 hours ago
- CNBC
Trump says no imminent plans to penalize China for buying Russian oil
U.S. President Donald Trump said on Friday he did not immediately need to consider retaliatory tariffs on countries such as China for buying Russian oil but might have to "in two or three weeks." Trump has threatened sanctions on Moscow and secondary sanctions on countries that buy its oil if no moves are made to end the war in Ukraine. China and India are the top two buyers of Russian oil. The president last week imposed an additional 25% tariff on Indian goods, citing its continued imports of Russian oil. However, Trump has not taken similar action against China. He was asked by Fox News' Sean Hannity if he was now considering such action against Beijing after he and Russian President Vladimir Putin failed to produce an agreement to resolve or pause Moscow's war in Ukraine. "Well, because of what happened today, I think I don't have to think about that," Trump said after his summit with Putin in Alaska. "Now, I may have to think about it in two weeks or three weeks or something, but we don't have to think about that right now. I think, you know, the meeting went very well." Chinese President Xi Jinping's slowing economy will suffer if Trump follows through on a promise to ramp up Russia-related sanctions and tariffs. Xi and Trump are working on a trade deal that could lower tensions - and import taxes - between the world's two biggest economies. But China could be the biggest remaining target, outside of Russia, if Trump ramps up punitive measures.
Yahoo
a day ago
- Yahoo
3 Things Apple Investors Should Know Following a Recent Trump Announcement
Key Points Apple upped its U.S. manufacturing pledge to $600 billion during the next four years. The company's American Manufacturing Program will expand its partnerships with existing U.S. suppliers. Apple's announcement and related tariff news drove the stock higher last week. 10 stocks we like better than Apple › Shares of Apple (NASDAQ: AAPL) jumped higher last week after the company announced it would invest an additional $100 billion to expand its manufacturing capacity in the U.S. The stock also appeared to get a boost from a comment by President Donald Trump, who suggested Apple would be exempt from tariffs he's threatening to levy on imported semiconductors and chips. Even with last week's pop, the stock was down about 7% this year as of Aug. 13. Was there anything shared during Tim Cook's White House visit that could help the stock make up lost ground? Here are three takeaways from Apple's big week. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Image source: Getty Images 1. Apple takes some tariff risk off the table With its latest pledge of $100 billion, Apple has publicly committed $600 billion to expand its U.S. manufacturing and supply chain footprint. The initiative, which includes its newly announced American Manufacturing Program, is slated to roll out over the next four years. But it looks like it's bearing fruit already. During Cook's Aug. 6 visit to the Oval Office, Trump reiterated his threat to impose tariffs that would double the prices of imported semiconductors and chips, which are the building blocks for smartphones and modern electronics. However, the president said those tariffs wouldn't apply to companies like Apple that have committed to investing in U.S.-based manufacturing. The company got more good news on tariffs that day. Smartphones will continue to be exempt on Indian imports, which the Trump administration is otherwise bumping up to 50% later this month. That's a big win because most iPhones sold in the U.S. are now assembled in India, and the U.S. is the heart of its largest market. With its $600 billion reshoring commitment, the company appears to have bought some tariff relief -- above and beyond the costs it will avoid by increasing its reliance on domestic manufacturing. Tariffs have been weighing on the stock this year, so it's not surprising that the shares rallied on last week's news. 2. For now, iPhones won't be made in America Trump has stated that iPhones sold in America should be manufactured in America. In May, he threatened to slap a 25% tariff on any company that produces U.S.-bound smartphones internationally. But at last week's press event, Cook said iPhones will continue to be manufactured abroad. While the dream of a made-in-America iPhone goes back several administrations, analysts insist it's just not feasible due to the lack of skilled workers and the high costs of labor in the U.S. Instead, Apple is focusing on producing more components for iPhones and other products in the U.S., mainly by expanding its partnerships with suppliers such as Texas Instruments, Applied Materials, GlobalFoundries, and Broadcom. Corning, another established Apple supplier, will dedicate its entire Harrodsburg, Kentucky, factory to making Apple components, thanks to a $2.5 billion investment from Cook's company. The plant will produce all the cover glass for iPhones and Apple Watches -- a first for Apple. The two companies will open a new research and development center at the Kentucky plant as well. At the White House event, Cook declared that his company is creating "an end-to-end silicon supply chain" in America, "from design to equipment to wafer production to fabrication to packaging." The company estimates that 19 billion American-made chips will be produced for Apple products in 2025. There's a lot to unpack in Apple's U.S. manufacturing plans. But overall, investors should feel confident that the company is in a strong position to manage tariff risk. Its $600 billion reshoring pledge strengthens its domestic supply chain and builds political goodwill, which could be a competitive advantage if the trade war escalates. And the size of the company's investment pledge seems to be enough to appease Trump -- thus keeping an American-made iPhone off the table, at least for now. 3. Apple has the right leader to navigate tariff turmoil Tim Cook's steady leadership was on full display last week, showcasing his supply chain expertise and political savvy. Before being named chief executive officer in 2011, he spent years as the company's operations guru, optimizing a complex global supply chain that now spans more than 50 countries. That experience is paying dividends as Apple navigates escalating tariffs and geopolitical uncertainty. Zooming out from tariff complexities and trade tensions, the company's market capitalization has grown from $350 billion in 2011 to more than $3 trillion today with Cook at the helm. Even with an $800 million tariff hit in Apple's fiscal 2025 third quarter, diluted earnings per share increased 12% compared to the year-ago period. The company also reported record third-quarter revenue. In my opinion, last week's high-profile White House visit was a reminder that Cook has the diplomatic chops to maintain productive relationships with world leaders and the business acumen to keep Apple positioned for growth in a challenging trade environment. Should you invest $1,000 in Apple right now? Before you buy stock in Apple, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Apple wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $649,544!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,113,059!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Josh Cable has positions in Apple. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy.
