The Indian ethnic wear industry relies heavily on ceremonies and special occasions – with marriages, festival gatherings getting canceled – occasion-specific fashion definitely took a hit. TO READ MORE: https://www.indianretailer.com/article/retail-business/retail-trends/impact-of-pandemic-on-ethnic-wear-industry-in-india.a6955/
Lockdowns continue to spell doom for clothing companies that witnessed business upsurge in January and February owing to ‘end of season sales’ and declining COVID cases. However, a report by ICICI Securities expects rising COVID cases TO READ MORE: http://dealersforyou.com/categories/insight/recurrent-lockdowns-threaten-apparel-brands-near-term-growth-profitability
Circulars Cir No. 05 / C-2 / 2021 Cir No. 05 / C-2 / 2021 14th April 2021 TO ALL MEMBERS IN MUMBAI AND MAHARASHTRA: Dear Members, We are enclosing herewith Hindi version of our Cir No 04/ C-2 / 2021. This is for your kind information. Thanking you, P. Chandrasekharan Secretary
Circulars Cir No. 04 / C-2 / 2021 Cir No. 04 / C-2 / 2021 14th April 2021 TO ALL MEMBERS IN MUMBAI AND MAHARASHTRA: Dear Members, Maharashtra has announced a series of measures to contain the spread of Covid which has seen a huge spike recently. Giving below is CMAI’s interpretation of the measures...
Ethnic wear and lifestyle brand FabIndia opened a new store in Mumbai’s Utopia City in Lower Parel on April 6. The brand has also launched a range of new womenswear size options and sustainable pieces. As FabIndia continues to expand, TO READ MORE: https://in.fashionnetwork.com/news/Fabindia-opens-new-mumbai-store-expands-size-range-and-sustainable-options,1292878.html
Value fashion retailer V-Mart plans to open around 55 stores in the current financial year as it aims to get back to the momentum it had in the 2020 fiscal year and sees an opportunity for growth driven by young consumers. “We are on our plans. TO READ MORE: https://in.fashionnetwork.com/news/V-mart-sees-growth-opportunity-for-value-fashion-plans-over-50-store-openings-this-fiscal,1292490.html
Half of the manufacturing units in Maharashtra could remain shut for the next fortnight as the state’s new Covid-19 norms come into effect. These include appliance and apparel makers, which fall in the non-essential category. TO READ MORE: https://www.business-standard.com/article/current-affairs/maharashtra-curfew-half-of-factories-may-remain-shut-for-next-fortnight-121041500064_1.html
India’s Future Retail will deliver groceries and clothes from its main retail stores within two hours, it said on Thursday, as the company expands in an e-commerce sector dominated by the likes of Amazon.com Inc. Future will allow customers to order goods TO READ MORE: https://www.zawya.com/mena/en/business/story/Indias_Future_Retail_to_offer_quick_online_deliveries_in_bet_on_ecommerce-TR20210401nL4N2LU2BWX1/
Apparel retail sector’s recovery is expected to continue in FY22, on back of improving consumer confidence, resumption of store expansion by organised players and prospects of the vaccine rollout. TO READ MORE: https://www.indianretailer.com/article/operations/research/recovery-in-apparel-retail-sector-expected-to-continue-in-fy22.a6932/
The Clothing Manufacturers Association of India (CMAI), has appealed to the Maharashtra government to avoid reimposition of lockdown, as another lockdown will completely kill the garment industry in the state. There are around 18,000 garment factories in Maharashtra, 10,000 of which are in Mumbai. The industry employs 1.3 million people in Maharashtra. TO READ MORE:...
