PRESS RELEASE CMAI SURVEY INDICATES DOMESTIC GARMENT INDUSTRY ONCE AGAIN IN MIDST OF A MASSIVE CRISIS – 77% MANUFACTURERS PLANNING TO REDUCE STAFF AND JOBS Majority of Manufacturers down to 25% of pre-covid sales72% of Manufacturers face more than 50% order CancellationsMay expected to be worse, normalcy not expected before DiwaliMore than 50% Workers go...
A demand surge than took off in 2020 looks set to continue as India enters a second season of pandemic-driven uncertainty, disruption and at-home fitness fixes. Just as athleisure, another fashion category that has registered huge demand. TO READ MORE:
Several leading brands have replaced upfront brand promotions to escalate Covid-19 protocols in advertising on their social media handles, driven by the need to post sensitive content at a time when the second wave of infections is raging across. TO READ MORE: https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/major-brands-hit-pause-button-on-brand-activity/82284175
The apparel retail and manufacturing segment is staring at another round of job losses in the wake of the lockdowns imposed by several state governments to contain the rapid spread of the COVID-19 pandemic. “About 20-25 percent jobs were lost TO READ MORE: https://cutt.ly/kbxBqyt
Circulars Cir No. 10 / C-2 / 2021 Cir No. 10 / C-2 / 2021 04th May 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Friends, You will recall that last year CMAI had conducted a series of Surveys amongst our Members and you all, to give us a sense of the State of the...
Thousands of apparel enterprises and manufacturers are forging the closure of their industries due to delayed orders. The manufacturers are in a dire state as several states opt for the makeshift shutdown of non-essential services. TO READ MORE:
Circulars Cir No. 09 / C-2 / 2021 Cir No. 09 / C-2 / 2021 02nd May 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, We would like to inform you that in view of the challenges faced by Taxpayers in meeting the Statutory and Regulatory Compliances under Goods & Services Tax (GST) Law...
Anil Kumar Bhadra, who has a tiny retail business in a nondescript Indian neighborhood, is a wanted man. Amazon.com, Reliance Retail and other leading companies are all after Bhadra and what he represents. Flanked by large modern supermarkets TO READ MORE: https://asia.nikkei.com/Business/Business-Spotlight/Mom-and-pop-stores-at-center-of-India-s-850bn-retail-evolution
The Clothing Manufacturers Association of India (CMAI), the apex body of the domestic garment industry comprising manufacturers and retailers, has urged its members to join in the massive drive to vaccinate not only themselves but also their staff and employees, stressing that vaccination is the only long term solution to beat the dreaded COVID-19 pandemic....
The Shopping Centres Association of India (SCAI) on Sunday said that businesses have been severely impacted, with the revenue falling by almost 50 per cent due to localised lockdowns to prevent the spread of COVID-19 in the country. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/localised-lockdowns-closure-of-malls-impacting-business-employment-in-organised-retail-scai/82137019
