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FASHION RETAILERS PLAN FURTHER PRICE HIKES AS COTTON PRICE CLIMBS

Fashion retailers such as Shoppers Stop, Celio and Arvind Fashions plan to increase prices given the unabated rise in cotton prices, which has been worrying the industry for more than a year. TO READ MORE: https://www.moneycontrol.com/news/business/companies/fashion-retailers-plan-further-price-hikes-as-cotton-price-climbs-8456421.html

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TREND WATCH: ITS COMFORT OVER STYLE FOR MENSWEAR THIS SUMMER

Hugely popular during the 90s, the trend of loose-fitting and comfortable clothes is back. The pandemic and ensuing lockdowns. TO READ MORE: https://www.dfupublications.com/news/apparel/trend-watch-its-comfort-over-style-for-menswear-this-summer

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RIDING ON THE EMERGING WOMEN’S INNER-WEAR MARKET

Women’s innerwear to reach $8.5 billion in FY25. As per a Wazir Advisors’ report, the women’s innerwear segment is estimated to grow. TO READ MORE: http://www.dfupublications.com/categories/article/riding-on-the-emerging-women-inner-wear-market

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RETAIL INDUSTY TO GROW 10% A YEAR, REACH $2 TRN BY 2032: BCG-RAI REPORT

As the country recovers from the pandemic, the retail industry has resumed its growth trajectory and is likely to witness 10 per cent annual growth to reach approximately USD 2 trillion by 2032, according to a report. TO READ MORE: https://www.business-standard.com/article/economy-policy/retail-industry-to-grow-10-a-year-reach-2-trn-by-2032-bcg-rai-report-122042700564_1.html

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Cir No. 04 / M-3 / 2022 – ACTIVITIES OF THE ASSOCIATION FOR THE MONTH OF APRIL 2022

Circulars Cir No. 04 / M-3 / 2022 Cir No. 04 / M-3 / 2022 06th May 2022 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, Please find enclosed herewith a brief overview of the Activities of the Association which we were able to accomplish during the month of April 2022. This is for your...

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INDIA NEEDS TO STEP UP FOCUS ON MMF, SAY TEXTILE LEADERS

The production-linked incentive scheme, or PLI, for textiles, seeks to rectify some disadvantages that India suffers vis-à-vis countries upcoming countries like Vietnam and Bangladesh by way of costlier power and labour.  TO READ MORE: https://www.fashionatingworld.com/new1-2/india-needs-to-step-up-focus-on-mmf-say-textile-leaders

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TAMIL NADU ANNOUNCES PLANS FOR MEGA TEXTILE AND APPAREL PARK

R Gandhi, Minister for Handlooms and Textiles announced plans to develop a mega integrated textile and apparel park over 1,000 acre in Virudhunagar district of Tamil Nadu. The ministry will sign anMoU with the National Institute of Fashion. TO READ MORE: https://www.fashionatingworld.com/new1-2/tamil-nadu-announces-plans-for-mega-textile-and-apparel-park

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TIER-II AND TIER-III CITIES TO DRIVE THE GROWTH OF MALLS IN INDIA

The Covid-19 led economic deceleration has been catastrophic for most sectors, barring a few. Despite slowdowns in consumer spending, low manufacturing output, and global instability, India still remains the world’s fastest-growing economy. TO READ MORE: https://timesofindia.indiatimes.com/blogs/voices/tier-ii-and-tier-iii-cities-to-drive-the-growth-of-malls-in-india/?fbclid=IwAR25Q-Uk9leYWS1hrGucInf6fRyKakW6g8S7AVsigU2hJDdsRBtMO_e-Ri4

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INDIA’S RETAIL INDUSTRY TO REACH $2 TRILLION BY 2032: REPORT

As the country recovers from the pandemic, the retail industry has resumed its growth trajectory and is likely to witness 10 per cent annual growth to reach approximately USD 2 trillion by 2032, according to a report. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/indias-retail-industry-to-reach-2-trillion-by-2032-report/91123322

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Cir No. 03 / 75TH NGF / 2022 – 75TH NATIONAL GARMENT FAIR 12TH – 15TH JULY 2022, SIS MALL – THE SHOP-IN-SHOP MALL

Circulars Cir No. 02 / M-3 / 2022 Cir No. 02 / M-3 / 2022 02nd May 2022 TO ALL MEMBERS OF THE ASSOCIATION: AN INVITATION TO BE PART OF HISTORY…CMAI’S 75TH NATIONAL GARMENT FAIR – 12TH – 15TH JULY 2022 Dear Members, It is not often that an Organization has the opportunity of celebrating...

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