The pandemic induced by Covid-19 has changed too much too soon in the overall retail industry and has affected it in ways people had not really imagined and these changes are going to stay and will dictate how the industry will run in the coming few years too READ MORE: https://www.indianretailer.com/article/retail-business/retail-trends/from-survival-to-revival-how-are-fashion-brands-pivoting-to-counter-onslaught-of-second-covid-wave.a7101/
Circulars Cir No. 26 / M-11 / 2021 Cir No. 26 / M-11 / 202118th June 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, We are enclosing herewith an e-book released by Ministry of Micro, Small and Medium Enterprises, ( MSME) Govt of India, New Delhi and its Organisations on various Schemes Implemented for...
The disruptions caused by continuous lockdowns in India’s retailer sector have been a wakeup call for all brick and mortar stores to adapt themselves to the digital ecosystem. This is especially the case for fashion retailers, the worst affected TO READ MORE: http://www.dealersforyou.com/categories/news/apparel/digital-the-way-forward-for-indian-retailers-as-customers-shun-stores
With work-from-home (WFH) having become the norm for corporate India for more than a year, the formalwear segment has taken a beating. During the first wave of the pandemic, revenue for lifestyle brands, mainly formalwear, declined by 81%. TO READ MORE: https://www.financialexpress.com/industry/formalwear-segment-branches-out-to-work-from-home-apparel-for-survival/2266916/lite/
While India battles the coronavirus with aggressive vaccination drives, another battle ensues within business communities. Unfortunately, there is no vaccination or a quick fix here. The continuous lockdowns, ban of public gatherings have created. TO READ MORE: https://www.outlookindia.com/website/story/opinion-saving-retail-in-india-from-the-impact-of-the-pandemic/384584
India’s retailers have been on a roller-coaster ride since last year, when the first wave of the COVID-19 pandemic struck the country. Without any sales in the first quarter, when the country was under lockdown, they inched towards recovery in the second. TO READ MORE: https://www.moneycontrol.com/news/business/companies/retailers-lose-25-30-billion-in-revenue-pin-hopes-on-festive-season-7007771.html
Apparel retailers are grappling with subdued sales in the June quarter as restrictions on markets and a muted consumer sentiment dented demand. Apparel sales fell 47% in April from the same month in 2019. TO READ MORE: https://www.livemint.com/industry/retail/apparel-retailers-stare-at-a-weak-june-quarter-amid-curbs-11622828323191.html
Circulars Cir No. 25 / C-2 / 2021 Cir No. 25 / C-2 / 202114th June 2021 TO ALL MEMBERS IN MUMBAI: Dear Sir, We would like to inform the Members that the Association has made an Appeal to Mr Iqbal Singh Chahal, IAS, Municipal Commissioner of Greater Mumbai , urging him to consider our...
Circulars Cir No. 24 / 73rd NGF / 2021 Cir No. 24 / 73rd NGF/ 202111th June 2021 TO ALL MEMBERS OF THE ASSOCIATION: 73rd National Garment Fair 2nd to 5th August 2021 Dear Sir, It has come to our notice that some Members are getting confused with the News Reports of a Hotel “HYATT REGENCY” being...
Circulars Cir No. 23 / C-2 / 2021 Cir No. 23 / C-2 / 202111th June 2021 TO ALL MEMBERS IN MUMBAI: Dear Sir, We refer to our earlier Circular No 20 / C-2 / 2021 dated 7th June 2021 on Conducting a COVID -19 VACCINATION DRIVE for CMAI Members and their Family. Although the decision has been Welcomed...
