Latest news with #IndiaRetailing
Fashion Network
6 days ago
- Business
- Fashion Network
Monte Carlo's revenue and net loss both drop in FY25 Q4
Monte Carlo Fashions Ltd reported a reduced net loss of Rs 10.34 crore for the quarter ended March 2025, compared to a loss of Rs 17.76 crore in the same period last year. The company disclosed the figures in a regulatory filing on Monday. Revenue from operations for the January to March quarter stood at Rs 205.93 crore, marginally lower than the Rs 206.52 crore the business recorded a year earlier, India Retailing reported. Monte Carlo's total expenses declined by 4.6% year-on-year to Rs 228.11 crore, supporting the improvement in quarterly losses. For the full 2025 financial year (ended March 2025), Monte Carlo's net profit rose by 35.4% to Rs 81.17 crore, up from Rs 59.94 crore in the previous year. The company's total consolidated income for the year increased by 4.23% to Rs 1,135.58 crore. On the Bombay Stock Exchange, shares of Monte Carlo Fashions Ltd closed at Rs 610.80 on Monday, registering a gain of 0.93%. Headquartered in Ludhiana, Punjab, Monte Carlo Fashions operates as a retail clothing chain focused on mid-premium fashion. The company offers woollen and cotton garments, home textiles, and accessories. The business' history dates back to 1984 with Oswal Woollen Mills and it forms part of the Nahar Group.
Fashion Network
27-05-2025
- Business
- Fashion Network
Men's personal care brand Tailor's debuts in Indian market
Swiss-born men's grooming label Tailor's has entered the Indian market with a curated collection of personal care products designed for the modern male consumer. The launch marks the brand's first foray into India as it seeks to engage with shoppers across the country. 'Men's grooming has quietly evolved in recent years, both globally and in India,' said a spokesperson for Tailor's Grooming, India Retailing reported. 'Today's man seeks more than just functional care- he wants products that reflect his lifestyle, his values, and his individuality. Tailor's is proud to bring Swiss-quality craftsmanship to India, a market where we see a fast-growing community of conscious male consumers embracing grooming as a form of self-expression and self-care.' Tailor's products are now available at Looks Salon outlets across the country and through the brand's dedicated e-commerce platform. The label's debut range focuses on premium hair and scalp care, targeting the evolving needs of Indian men. "Tailor's Grooming is all about masculinity, about friends and friendship, about teaming up to be active or relaxed, to go out or stay in, to have fun, enjoy life and to be together," announced the brand on its website. Founded in 2015, Tailor's positions itself as a premium grooming brand, combining performance-focused formulations with considered design and packaging. The label's entry into India reflects the growing demand for specialised personal care solutions in the male grooming category.
Fashion Network
27-05-2025
- Business
- Fashion Network
Boldfit names cricketer Arshdeep Singh as 'brand athlete'
Fitness and sports gear label Boldfit has named Indian cricketer Arshdeep Singh as its latest brand athlete, further expanding its athlete-first portfolio. Singh joins fellow cricketer KL Rahul, who is also the brand's first investor. 'I have always believed in doing things with full power, on and off the field," said Arshdeep Singh about his new role, India Retailing reported. "Boldfit gets that vibe. It's not just good-looking gear- it's made for how athletes train, recover and live. I'm excited to build this." The announcement was made through a social media campaign that featured a casual exchange between KL Rahul and Arshdeep Singh, followed by visuals of Arshdeep in Boldfit apparel. Styled in a Gen Z format, the campaign generated strong engagement, resonating with India's fitness-conscious youth, according to the business. 'We started Boldfit to create a brand rooted in real athletic journeys," said Boldfit's founder Pallav Bihani. "KL Rahul gave us that foundation. With Arshdeep coming on board, we're doubling down on our mission to make Boldfit an athlete-first, performance-led brand. We're excited to co-create products with Arshdeep, tailored for the Indian fitness consumer." Headquartered in Bengaluru, Boldfit develops performance wear and fitness gear for athletes at all levels, with a focus on functionality, quality, and community-led innovation, according to its website. Boldfit has also recently expanded its official sports team merchandise with a wide range of IPL related products.
Fashion Network
15-05-2025
- Business
- Fashion Network
Recode Studios launches flagship store in Bengaluru's JP Nagar
Indian beauty brand Recode Studios has expanded its brick-and-mortar footprint in South India with the launch of its flagship store in JP Nagar, Bengaluru. The new store marks the label's entry into Karnataka and brings its curated selection of beauty, skincare, and personal care products to the city. 'We are thrilled to introduce Recode Studios to the cosmopolitan city of Bengaluru,' said Recode Studios' co-founder Dheeraj Bansal, India Retailing reported. 'We have always believed in providing high-quality beauty products to all. With this launch, we are looking forward with great enthusiasm to serving a new community of beauty enthusiasts and providing them with quality and value in an interactive retail experience that speaks to our brand philosophy.' The store is designed to cater to a diverse range of skin tones and types, reflecting Recode Studios' inclusive approach to product formulation. The Bengaluru launch also aligns with the label's strategy to expand into high-potential urban markets through exclusive brand outlets. Recode Studios also continues to expand its product selection to cater to consumer demand. The brand recently launched a range of false eyelashes as well as a makeup hold spray to keep cosmetics in place in hot weather, Recode Studios announced on Facebook. Founded in 2018 by Bansal and Rahul Sachdeva, Recode Studios positions itself as a premium Indian cosmetics brand with a focus on clean formulations, affordability, and global-quality standards. The label offers a wide range of products across makeup and skincare categories and has built a presence in cities including Mumbai, Faridabad, Delhi, Raipur, Ludhiana, Gurugram, Indore, Ahmedabad, Kolkata, Nagpur, and Chennai, according to its website.
Fashion Network
13-05-2025
- Business
- Fashion Network
Bombay Shaving Company eyes Rs 500 crore ARR in FY26, plans offline expansion
Personal care label Bombay Shaving Company is targeting an annual run rate of Rs 500 crore by the end of the 2026 financial year, with longer-term ambitions of reaching Rs 1,000 crore by 2030, fuelled by quick commerce and brick-and-mortar expansion. 'Quick commerce will continue to deepen its presence, expanding from 70 to 80 cities to over 100 and increasing pin code coverage over the next one to two years,' Bombay Shaving Company's chief executive Shantanu Deshpande told India Retailing in an interview. 'Once that's underway, we plan to scale our general trade presence from 25 to 100 cities over three to five years. In modern trade, we're already in 70% of key stores and aim to reach the remaining 30%.' The brand also plans to scale its exclusive brand outlet footprint from 14 to 100 stores over the next two to three years, while increasing its consumer base from 25 million to 100 million within three years. The business is also aiming to become ready for an initial public offering in the same timeframe. 'As a consumer brand built for India, and with our competitors already listed, we see a strong opportunity to create value for retail investors," said Deshpande. "Whether we actually go public remains to be seen, but becoming IPO-ready is definitely the goal." Bombay Shaving Company continues to invest between 25% and 35% of its revenue in marketing, including youth-focused initiatives like Razor IP and a co-branded travel kit with Mokobara. The brand also has a corporate gifting segment, according to its website.
