Clothing and footwear have got expensive for Indian consumers. Due to raw material cost pressures, industry players have had to increase prices by about five per cent to ten per cent across various categories and with the hike in GST the overall price. TO READ MORE: https://www.dfupublications.com/news/trade/hike-in-gst-will-result-in-clothing-becoming-costlier-clothing-manufacturers-association-of-india-retailers-association-of-india-and-confederation-of-all-india-traders
The Ministry of Textiles has decided to approach the Goods and Services Tax secretariat to ask for a return to the previous GST rate of 5% for clothing and textiles instead of the proposed hike to 12%. TO READ MORE: https://in.fashionnetwork.com/news/Ministry-of-textiles-sides-with-industry-against-proposed-gst-hike,1362837.html
Circulars Cir No. 56 / 74th NGF / 2021 Cir No. 56 / 74th NGF / 202117th December 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, We are glad to inform you that the Association has received an Overwhelming Response towards Participation in the 74th National Garment Fair to be held on 1st, 2nd...
Circulars Cir No. 55 / F-1 / 2021 Cir No. 55 / F-1 / 202117th December 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, As you are aware, the Association is organizing THE CMAI FAB Show, for the first timefrom 22nd To 24th February 2022 at Jio World Convention Centre, G- Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051. The...
By: adminComments Off on FUTURE OF RETAIL SECTOR WILL BE DEFINED BY A MULTI-CHANNEL APPROACH: DELOITTE REPORT
Leading consulting firm Deloitte India has said in a report that consumers as well as consumer goods companies in India are taking the multi-channel approach after the pandemic changed customer habits causing a shift in the offerings TO READ MORE:
The global maternity wear market is growing at four percent a year says a report by Million Insights. The report states, the global maternity wear market is projected to reach $24.5 billion by the end of 2025 growing at a CAGR of 4.3 percent from 2019 TO READ MORE: https://dfupublications.com/news/apparel/maternity-wear-grows-at-four-percent-million-insights-report?fbclid=IwAR3lCqKBhYXSiZaeKO5Q1vcSqCQFRswnfONG4FzTrIqdcCabRZHWd-V5ufQ
Retail malls are expected to witness recovery up to 75% of pre-Covid rentals in the current financial year ending March supported by pent-up demand and resumption of multiplexes’ operations, said ratings agency ICRA Malls have witnessed a faster. TO READ MORE: https://retail.economictimes.indiatimes.com/news/food-entertainment/entertainment/retail-malls-likely-see-recovery-of-up-to-75-of-pre-covid-rentals-in-fy22/88186338
By: adminComments Off on Cir No. 54 / FAB / 2021 – THE CMAI FAB SHOW – BOOKINGS OPENS ON 7TH DECEMBER 2021 Circulars Cir No. 54 / FAB / 2021 Cir No. 54 / FAB / 20217th December 2021 TO ALL ASSOCIATE MEMBERS OF THE ASSOCIATION: Dear Sir, We are glad to inform you that the Association will be organizing THE CMAI FAB Show from 22nd to 24th February 2022 at Jio World Convention Centre, G –...
The global adaptive clothing market is witnessing a CAGR of 4.1 per cent. Adaptive clothing is clothing specially designed for people with varying degrees of impairment, which includes acquired disabilities, birth defects, congenital. TO READ MORE: https://www.fashionatingworld.com/new1-2/adaptive-clothing-market-growing-at-four-per-cent
By: adminComments Off on THE GROWING INDIAN FASHION AND LIFESTYLE MARKET HAS GIEN AN IMPETUS TO THE FOOTWEAR INDUSTRY
Over the years, India has become a focal point for the fashion and lifestyle industry, reflecting a powerful manufacturing sector and a fast-growing middle class. These forces make India too very significant international fashion brand to ignore. TO READ MORE: https://www.financialexpress.com/lifestyle/the-growing-indian-fashion-and-lifestyle-market-has-given-an-impetus-to-the-footwear-industry/2379005/
