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:...
B.S Nagesh, retail industry veteran and the Founder of the Trust for Retailers and Retail Associates of India (TRRAIN), had recently shared with VMRD/Retail4Growth his views on on what 2021 looks like for this industry. Presented below are excerpts from the conversation published in VMRD magazine. TO READ MORE: https://www.retail4growth.com/viewpoints/on-business-sustenance-space-optimisation-omnichannel-more-856
Circulars Cir No. 03 / O-9 / 2021 Cir No. 02 / O-9 / 2021 06th April 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, This is further to our E-mail dtd 6th April 2021 on the above Subject. We would like to inform you that the Staff of the Association will be WORKING FROM HOME from today till...
Circulars Cir No. 02 / O-9 / 2021 Cir No. 02 / O-9 / 2021 06th April 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, We would like to inform you that the Government of Maharashtra, vide Order No. DMA/ 2020/CR.92 /Dis M-1 dated 4th April 2021, has directed all Private Offices to remain Closed till 30th April...
Mall owners and traders from the city have urged the district administration to review its decision to announce stringent restrictions, including the night travel curbs and closure of malls for a week. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/malls-urge-govt-to-intervene-help-them-stay-afloat/81883574
Fashion retail markets across the world were under severe stress even before the COVID-19 crisis. A new KPMG report ‘Covid-19: Mitigation strategy for Indian textile and apparel sector’ highlights issues like deep discounting and damp consumer sentiments were already threatening the future prospects of the industry. The onset of the COVID-19 pandemic has plunged the...
After being under lock and key for most part of 2020, Hyderabad’s high street retail sector is once again witnessing hectic activity this year. According to rough market estimates, the city is eyeing around 1.3 million square feet (sft) of demand in this sector — set to come up in areas such as Banjara Hills, Jubilee Hills, A S...
Amazon, which owns a 49 per cent stake in Future Coupons a Future Group holding company, has objected to the deal and approached the arbitration court in Singapore, which said it should be suspended pending a final decision. Since the past few months, the transaction is under dispute in the Delhi High Court and the...
The rapid spread of Covid-19 finally forced the Uddhav Thackeray government to announce lockdown-like restrictions across the state from 8pm on Monday. On weekends, a complete lockdown will be imposed. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/maharashtra-malls-restaurants-and-theatres-to-shut-till-april-30-full-lockdown-on-weekends/81905628
Circulars Cir No. 01 / C-2 / 2021 Cir No. 01 / C-2 / 2021 05th April 2021 TO ALL MEMBERS IN MUMBAI & MAHARASHTRA: Dear Sir, We are enclosing herewith a Circular for the Norms to be followed by Offices and Manufacturing Units in Maharashtra including Mumbai. We are also attaching herewith the Portion Highlighting...
