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...
Circulars Cir No. 22 / C-2 / 2021 Cir No. 22 / C-2 / 202110th June 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, We would like to inform the Members that the Income Tax Department has Launched a new Website https://www.incometax.gov.in/iec/foportal/ on Monday, 7th June 2021. We give below the new features and changes in the...
Circulars Cir No. 21 / C-2 / 2021 Cir No. 21 / C-2 / 202110th June 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, We would like to inform you that the Southern Regional Office of the Association has made a Representation dated 10th June 2021 to the Central Employees Provident Fund Commissioner, Govt of...
For the past 21 years, celebrated fashion designer Ritu Beri has had no reason to look back except perhaps just to review her achievements. In 2000, Ritu became the Head of the French fashion house, Jean Louis Scherrer. TO READ MORE: https://www.freepressjournal.in/entertainment/fashion-designer-ritu-beri-talks-about-the-impact-of-the-pandemic-on-the-fashion-industry
