Fashion & LIfestyle

Flipkart is set to offload its entire 6% stake in Aditya Birla Fashion and Retail Ltd (ABFRL) through a block deal, in a strategic move aimed at streamlining its investment portfolio. The transaction, expected to be managed by global investment bank Goldman Sachs, is estimated at approximately Rs. 566 crore (US$68 million), with a proposed floor price of Rs. 79.5 per share—reflecting a 7.6% discount to ABFRL’s last traded price.

Hermès, long synonymous with timeless luxury and artisanal rigor, takes personalization to another level through Ateliers Horizons—a little-known, highly exclusive workshop tucked away in the Paris suburb of Pantin. Far from the glimmer of flagship boutiques, this atelier crafts bespoke marvels ranging from leather-clad jukeboxes to yachts and jet interiors. Under the creative direction of Axel de Beaufort, a naval architect by training, the studio balances technical precision with unbridled imagination.

Monte Carlo Fashions Ltd has posted a significant reduction in its net loss for the March quarter of FY25, with losses narrowing to Rs. 10.34 crore from Rs. 17.76 crore in the same quarter last year. Despite a marginal dip in quarterly revenue to Rs. 205.93 crore, the company reported a strong full-year performance with a 35.4% jump in net profit to Rs. 81.17 crore. This turnaround was supported by a decline in quarterly expenses and a modest rise in annual revenue. Shares of the apparel firm closed higher on the BSE, reflecting investor confidence in its financial recovery.

At the grand stage of Shilpakala Vedika, Miss Indonesia Monica Kezia Sembiring captivated audiences and judges alike with a harmonious piano composition blending Indian and Indonesian musical traditions, securing first place at the Miss World 2025 Talent Finale. The globally anticipated event showcased a rich array of cultural expressions from 24 international contestants, each delivering uniquely resonant performances—from ballet and gospel to poetry and aerial acts.

Global icon Priyanka Chopra captivated onlookers at Bvlgari’s high-profile Polychroma jewelry launch in Sicily, Italy. Joining international celebrities such as Pia Wurtzbach and Kim Ji-won, Chopra showcased a mesmerizing ensemble that married refined fashion with opulent jewelry. The event, led by Bvlgari’s creative director Lucia Silvestri, spotlighted the maison’s new collection crafted from some of the world’s rarest gemstones.

In a landmark move for sustainable fashion and Indian innovation, VKC, a leading footwear manufacturer, unveiled its new eco-conscious product line—Go Planet-D by Debongo—at an international event in Malaysia. Touted as the world's first 100% recyclable footwear brand, the initiative sets a global benchmark for sustainability in the footwear industry. With approximately 23 billion pairs of shoes produced annually and 22 billion discarded, often in landfills, VKC's solution offers a closed-loop recycling model.

Indian fashion accessory brand Miraggio has successfully raised Rs. 55 crore (approximately USD 6.5 million) in a fresh funding round led by RPSG Capital Ventures and Client Associates Alternate Fund, with additional participation from Prath Ventures. The capital will be deployed to scale its product offerings, enhance its retail footprint, and strengthen its backend supply chain infrastructure.

In a strategic move to broaden its global footprint, Indian fashion and lifestyle platform Myntra has officially launched operations in Singapore. The expansion aims to cater to the city-state’s sizeable Indian diaspora—estimated at 650,000—offering curated collections from over 100 Indian brands. With growing organic interest from Singapore-based users, Myntra Global introduces approximately 35,000 styles spanning fashion, homeware, and accessories.

Myntra has achieved a significant breakthrough in the intersection of fashion, e-commerce, and influencer marketing, with its Ultimate Glam Clan programme surpassing 5 lakh creator signups. Launched in September 2023, this initiative empowers everyday consumers to become content creators, particularly resonating with Gen Z audiences. The programme not only enhances user engagement through authentic, user-generated content but also offers financial incentives, making content creation a viable micro-entrepreneurial avenue.