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TIER II & III CITIES EXHIBIT ROBUST GROWTH POTENTIAL FOR THE FASHION INDUSTRY
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TIER II & III CITIES EXHIBIT ROBUST GROWTH POTENTIAL FOR THE FASHION INDUSTRY

Consumers, not just in the metro cities, but in the interiors of India are adapting to the evolving fashion industry.

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INDIA’S APPAREL IMPORTS SURGE 43.58% IN FY’22
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INDIA’S APPAREL IMPORTS SURGE 43.58% IN FY’22

India’s apparel imports increased by 43.58 per cent Y-o-Y in FY’22 to $1,28 billion. As per an Apparel Resources report,

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THE STEEP HIKE IN COTTON AND YARN PRICES DRIVES UP THE PRICES AS HIGH AS 30%-40%
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THE STEEP HIKE IN COTTON AND YARN PRICES DRIVES UP THE PRICES AS HIGH AS 30%-40%

“The wholesale price of basic garments, like banian, has increased from ₹90 to ₹140 a piece in the last four

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BRISK RETAIL SALES, HIGHER STORE DEMAND PUSH MALL RENTS UP
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BRISK RETAIL SALES, HIGHER STORE DEMAND PUSH MALL RENTS UP

Top malls are demanding tenants pay rents that are 10-15% higher than pre-covid levels as shoppers return and retailers get

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GLOBAL WESTERN WEAR MARKET TO GROW 5.37% FROM 2021-31: REPORT
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GLOBAL WESTERN WEAR MARKET TO GROW 5.37% FROM 2021-31: REPORT

A new report ‘Western Wear Market’ by the Allied Market Research estimates, global western wear market valued at $74,497.50 million

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CHINA’S LOSS IS INDIA’S GAIN IN THE TEXTILE SECTOR, BUT IT’S NOT THAT EASY
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CHINA’S LOSS IS INDIA’S GAIN IN THE TEXTILE SECTOR, BUT IT’S NOT THAT EASY

A few months ago, a large German brand, which has been sourcing T-shirts from China for many years, reached out

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