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PIYUSH GOYAL IS THE NEW TEXTILE MINISTER

Commerce and Industry Minister Piyush Goyal has been given additional charge of Ministry of Textiles in the recent cabinet reshuffle and expansion. Piyush Goyal will continue to hold the portfolios of Commerce and Industry Ministry, and Consumer Affairs and Public Distribution. TO READ MORE:

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Cir No. 34 / M-3 / 2021 – ACTIVITIES OF THE ASSOCIATION FOR THE MONTH OF JUNE 2021

Circulars Cir No. 34 / M-3 / 2021 Cir No. 34 / M-3 / 20219th July 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, Please find enclosed herewith a brief overview of the Activities we were able to accomplish during the month of June 2021. Of course, there were a few which we began...

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RETAILERS SHAKE OFF COVID BLUES; LINE UP ₹6,000-CR IPOS

Women’s wear brand GoColors is preparing to go public to raise ₹800-1,000 crore, joining apparel retailers such as Manyavar and FabIndia, which have lined up their initial share sales to bolster their balance sheets, provide an exit to investors, and tap market appetite for such stocks, two people familiar with the development said. TO READ MORE:...

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NO CHANGE IN E-COMM FDI POLICY, E-COMM POLICY AFTER CONSUMER PROTECTION RULES: PIYUSH GOYAL

Commerce and industry minister Piyush Goyal on Friday said the government will not change the current policy of foreign direct investment in the e-commerce sector as it has been “crystal clear” since it was announced, but added that certain clarifications would be issued shortly. TO READ MORE: https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/no-change-in-e-comm-fdi-policy-e-comm-policy-after-consumer-protection-rules-piyush-goyal/84084723

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CUSTOMERS OUTSIDE METROS CONTINUE TO SURPRISE WITH THE DEMAND FOR LUXURY PRODUCTS: DARSHAN MEHTA

We are looking at trapped customers. This time there is no Dubai or Maldives to escape to unlike the last time. Again like last year, we are seeing the best momentum in bridge to luxury products. Our first line luxury brands continue to do exceedingly well, says Darshan Mehta, MD, Reliance Brands. READ MORE AT: https://economictimes.indiatimes.com/markets/expert-view/customers-outside-metros-continue-to-surprise-with-demand-for-luxury-products-darshan-mehta/articleshow/83984157.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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KIDSWEAR IN VOGUE

The kidswear category, which has hitherto been overshadowed by menswear and womenswear online, has witnessed substantial growth over the past year. According to a Unicommerce report, the share of the online kidswear segment. TO READ MORE: https://www.financialexpress.com/brandwagon/kidswear-in-vogue/2279500/

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MALLS IN DELHI SEE CUSTOMERS RETURN, FAST-FASHION PROVES POPULAR

Malls in the Delhi NCR have seen continued increases in customer footfall with categories including fast fashion and athleisure proving popular with shoppers, raising hopes of a swift recovery to pre-pandemic sales. TO READ MORE: https://in.fashionnetwork.com/news/Malls-in-delhi-see-customers-return-fast-fashion-proves-popular,1314442.html

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Cir No. 33 / R-8 / 2021 – REQUEST MEMBERS TO BE EXTREMELY CAUTIOUS BEFORE ACCEPTING ORDERS FOR SUPPLY (ENGLISH & HINDI VERSION)

Circulars Cir No. 33 / R-8 / 2021 Cir No. 33 / R-8 / 20213rd July 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, Further to our Circular No 31 / R-8 / 2021 dated 2nd July 2021  on the above Subject, we would like to inform you that we have received more Complaints of...

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Cir No. 32 / 66th IIGF / 2021 – 66th INDIA INTERNATIONAL GARMENT FAIR – VIRTUAL FAIR

Circulars Cir No. 32 / 66th IIGF / 2021 Cir No. 32 / 66th IIGF / 20213rd July 2021 TO ALL MEMBERS OF THE ASSOCIATION: 66th INDIA INTERNATIONAL GARMENT FAIR – VIRTUAL FAIR(Spring/Summer 2022) Dear Sir,  As a part of the Export Promotion Activities, we are pleased to announce the Next Edition of IIGF i.e 66th India...

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Cir No. 31 / R-8 / 2021 – REQUEST MEMBERS TO TAKE PRECAUTIONS BEFORE ACCEPTING ORDERS FOR SUPPLY

Circulars Cir No. 31 / R-8 / 2021 Cir No. 31 / R-8 / 20212nd July 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Members, It has been brought to our Notice that some of our Members have been approached by fraudulent ‘Buyers’posing as Buyers of Reputed Retail stores – especially from the South – and...

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