Circulars Cir No. 42 / VSF / 2021 Cir No. 42 / VSF / 202131st August 2021 TO ALL MEMBERS OF THE ASSOCIATION: CMAI’s Vendor Sourcing Fair 202124th & 25th November 2021Hotel Sahara Star,Opp Domestic Airport,Mumbai 400 099. Dear Sir, As you are probably aware, the Association was organizing the CMAI’s Vendor Sourcing Fair 2020 on 22nd &...
Circulars Cir No. 41 / D-9 / 2021 Cir No. 41 / D-9 / 202131st August 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Member, We would like to inform you that the Office of Additional Director General of Foreign Trade (DGFT), Mumbai vide its Trade Notice No.02/2021 dated 30th August 2021 informed that they...
Walking into a shopping mall and trying on clothes, realising nothing ever fits is downright traumatic. For shoppers in India, size options at stores are limited to the UK, US or Euro chart and there isn’t an option that adheres to Indian body types. TO READ MORE: https://www.hindustantimes.com/lifestyle/fashion/indiasize-a-move-in-the-right-direction-101629960561066.html
The Indian retail segment has its own uniqueness and the country is one of the most exciting markets globally that is poised to grow to over a trillion dollars by 2025, according to Walmart Inc President and CEO Doug McMillon. TO READ MORE: https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/india-among-most-exciting-markets-globally-to-grow-to-usd-1-trillion-by-2025-walmart-ceo/85617792
For decades, the apparel industry has been primarily driven by women. In recent years, however, the wheel seems to be turning slowly yet steadily towards men, who are now paying more attention to the products they buy. TO READ MORE: https://www.indianretailer.com/article/retail-people/trends/how-bright-is-the-future-of-men-s-essential-wear-industry.a7322/
Last month, Arvind Lifestyle Brands Limited (ALBL), a wholly owned subsidiary of Arvind Fashions Ltd (AFL), said it has signed a definitive agreement to sell its value-fashion retail chain Unlimited to retailer V-Mart Retail Ltd, for an estimated 150 crore TO READ MORE: https://www.livemint.com/industry/retail/many-of-our-brands-have-crossed-pre-covid-aug-19-numbers-arvind-fashions-ceo-11629633675291.html
Ajay Kapoor, President Retail of Fabindia Overseas told ET Now, “If we take Onam as an example for setting the festive season trend, we are seeing a 10% growth over 2019.” Fabindia expects stronger 2021 festive season than last year TO READ MORE: https://www.timesnownews.com/business-economy/companies/article/apparel-personal-care-are-the-festive-flavour-of/802318
According to a Unicommerce Report, the online fashion industry has grown 51% in this financial year. Accessories are becoming the favourites of the new age consumer. We should be looking at bold, statement pieces to accentuate the more casual athleisure apparel. TO READ MORE: https://www.financialexpress.com/lifestyle/fashion-accessories-are-becoming-the-favourites-of-the-new-age-consumer-manoj-kumar-nair-ceo-gaurik-lifestyle/2314405/
A report by consultancy firm Bain & Co estimates, the Indian e-commerce industry will grow 25 per cent to $38 billion in FY21 despite two washout months during the first wave of the pandemic. The report was published in association with Walmart-owned Flipkart. As per the report, by the end of FY22, the industry’s sales...
The draft e-commerce rules, announced recently, have sought to regulate and standardise some norms in the industry. India’s nascent e-commerce industry is poised to grow exponentially, in line with global trends. TO READ MORE: https://swarajyamag.com/business/in-numbers-indias-e-commerce-industry-and-its-future
