Circulars Cir No. 64 / M-3 / 2022 Cir No. 64 / M-3 / 2022 14th February 2022 TO ALL MEMBERS OF THE ASSOCIATION: Dear Members, We are glad to inform you that the Association has come up with another great initiative, “Members at a Glance”, which will help its Members to lift their Business reach...
Circulars Cir No. 63 / A-1 / 0-1 / 2022 Cir No. 63 / A-1 / 0-1 / 20224th February 2022 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, We would like to inform you that our Association with M/s Spenta Multimedia Pvt Ltd, Mumbai for Publication of CMAI’s “APPAREL” Magazine has come to an...
By: adminComments Off on Cir No.62 / M-3 / 2022 – ACTIVITIES OF THE ASSOCIATION FOR THE MONTH OF JANUARY 2022 Circulars Cir No. 62 / M-3 / 2022 Cir No. 62 / M-3 / 20223rd February 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 January 2022. This is for your kind...
By: adminComments Off on Cir No.61 / O-10 / 2022 – 4TH CENTRAL ASIAN INTERNATIONAL EXHIBITION FOR TEXTILE & FASHION INDUSTRIES – APRIL 27-29, 2022 IN TASHKENT Circulars Cir No. 61 / O-10 / 2022 Cir No. 61 / O-10 / 20223rd February 2022 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, We would like to inform the Members that The International Exhibition Companies Iteca Exhibitions and ICA Eurasia, have Invited our Membersto Participate or Visit the unique International Business Platform in Uzbekistan – 4th...
U.S. retail giant Amazon and India’s Future Group have been locked in a legal battle for more than a year now. The stand-off has halted Future’s ₹ 24,500 crore ($3.4 billion) deal with Reliance Industries. Adding more twists, Amazon has filed fresh legal. TO READ MORE: http://www.businessworld.in/article/Amazon-vs-Reliance-In-Retail-The-Big-And-Expensive-Fight-In-10-Points-/12-01-2022-417376/
Swedish furniture and home furnishing retailer IKEA on Friday said it is looking forward to the rollout of India’s national retail policy, bringing offline and online retail into a single policy framework and reducing the compliance burden. TO READ MORE: https://retail.economictimes.indiatimes.com/news/home-and-decor/furniture-and-decor/looking-forward-to-rollout-of-national-retail-policy-ikea/88908810
As per a Nirmal Bang report, revenue of Indian retailers is likely to grow during Q3 FY22. Bata India’s revenues will grow by 28 per cent Y-o-Y festive season boosts demand, lockdown across the country eases and the vaccination drive accelerates. TO READ MORE: https://www.dfupublications.com/news/retail/retailers-to-see-higher-revenues-in-q3fy22-nirmal-bang-report
By: adminComments Off on CLOTHES TO GET COSTLIER: 15-20% PRICE RISE LIKELY THIS YEAR, OR EVEN MORE IF GST RATES INCREASE
Even as the Goods and Service Tax Council in its last meeting decided to defer the GST rate hike for textiles from 5 per cent to 12 per cent, consumers will still have to shed an extra buck for clothes from brands. Branded apparels’ prices are set to rise. TO READ MORE: https://www.financialexpress.com/industry/clothes-to-get-costlier-15-20-price-rise-likely-this-year-or-even-more-if-gst-rates-increase/2406732/?fbclid=IwAR1IqvoKkvDSR3-ZCAS55z1YfVUin-glkuA0lkXTE9FosYhFO8LhAKl-m5c
Retail sales in December last year grew by 7 per cent over the pre-pandemic levels of the same period in 2019 but the pace dropped towards the last week of the month under review due to the third COVID wave, RAI said on Tuesday. TO READ MORE: https://www.financialexpress.com/industry/retail-sales-rose-7-pc-in-dec-compared-to-same-period-in-2019-rai/2404008/?fbclid=IwAR1X2033Q_44iz3cgDaQ3SpCpSbvJ1JdEEpK2Cn14YkTIW63Ese15VRvEfs
By: adminComments Off on FASHION RENTAL BOOMS IN INDIA AS CONSUMERS BECOME MORE BRAND CONCIOUS AND INTERNET SAVVY
Still a niche segment globally, fashion rental has great potential for expansion in India with growing awareness on sustainability and rising internet usage. An increasing appetite for branded clothes is also driving the growth of this market in India. TO READ MORE: https://www.dfupublications.com/news/apparel/fashion-rental-booms-in-india-as-consumers-become-more-brand-conscious-and-internet-savvy
