MAM
SPOYL launches official merchandise for ‘The Archies’ movie
Mumbai: SPOYL, the fashion destination for Gen Z on Flipkart, is launching the official merchandise for the upcoming 1960s Netflix film ‘The Archies’ by Zoya Akhtar. Featuring over 300 limited edition styles, the Archies Gang collection includes a wide range of apparel, footwear, and accessories spanning retro classics and modern silhouettes. In a first-of-its-kind association, SPOYL and Netflix have joined hands to usher in a new era of nostalgic styles inspired by some of the most iconic pop-culture characters of our time. Shoppers can channel the style of the iconic Archies cast – Archie, Reggie, Veronica, Betty, Jughead, Moose, Ethel and Dilton, by choosing from a collection of trendy t-shirts, dresses, loungewear and more, starting at Rs 799/-.
Since its launch in August this year, SPOYL has witnessed tremendous traction from Gen Z fashion shoppers across the country. Shoppers in the 15-24 age group account for over 57 per cent engagement on the Flipkart platform today. As Gen Z shoppers continue to embrace a mix of styles spanning across 90s grunge, Y2K, Kpop, cottagecore, and gender-neutral fashion, their deep connection with social media, pop culture and global trends is palpable. Building on this momentum, the SPOYL X Archies collaboration marks the beginning of a new journey to make it the go-to destination for top trendy pop culture styles in the country.
Announcing the Archies collection launch, Flipkart Fashion Sr director Abhishek Maloo said, “With SPOYL, our mission is to provide every Gen Z fashion shopper in the country with the greatest value on trendy fashion offerings. We are thrilled to unveil the Archies collection which has been a special collaboration between fashion and entertainment in India – and the start of a new journey for us at SPOYL. We will continue to identify the best avenues that enable us to bring the best of fashion to millions of customers across India through our growing network of sellers.”
Here’s your style guide to get your favorite Archies character from SPOYL:
● Channel Betty’s chic form-fitting style with mini skirts, dresses and collared shirts layered under a vest
● Get Veronica’s effortless girl-next-door vibe with bell bottoms, pinafores and embracing prints – from florals, polka dot to checkered
● The iconic Archie jock look can be donned with bomber jackets, plaid shirts and monochromatic sweaters
● Laid back Jughead’s vibe can be recreated with striped jackets, monotone layering and of course, the quintessential cap or snapback
Around 40 per cent of new customers explore Flipkart through fashion today and customers aged between 25-35 years contribute to the highest demand observed in fashion segments on Flipkart, with top choices including t-shirts, shirts, jeans and shoes.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
