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PRUDENT MARKET CHOICES, CORRECT PRICING KEY TO PRIVATE LABEL’S GROWTH IN INDIA

The last few years have seen private labels gaining popularity in India. Nearly all major retailers from Reliance Retail to Spencer’s Retail, Metro Cash & Carry India, and e-commerce players like BigBasket, etc have launched private labels to survive in the ever-growing market*.  TO READ MORE: http://www.dfupublications.com/news/apparel/prudent-market-choices-correct-pricing-key-to-private-label-s-growth-in-india

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CEPA BETWEEN INDIA & UAE TO INCENTAVISE TEXTILE SECTOR

“THE COMPREHENSIVE ECONOMIC PARTNERSHIP AGREEMENT (CEPA) the trade pact will open doors to Indian labour and incentivize many sectors including textiles,” says commerce and industry minister Piyush Goyal this Friday. TO READ MORE: http://www.dfupublications.com/news/start-up/cepa-between-india-uae-to-incentavise-textile-sector

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IS INDIA READY FOR NICHE LUXURY BRANDS?

The potential of India as a luxury market is breathtaking. This year, it’s likely to be one of the fastest-growing markets in global luxury, forecast to be worth $8.5 billion, up by an impressive $2.5 billion on 2021, according to estimates by Euromonitor International. India remains a relatively new opportunity for global luxury brands, which...

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RISE AND RELEVANCE OF SUSTAINABLE FASHION OPTIONS IN INDIA

It seems sustainable fashion is an emerging standard that a new generation of designers in India are aspiring for. With the use of natural fabrics and dyes, brands are embracing this new shift in the world of the clothing industry. TO READ MORE:

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FASHION RETAILERS PLAN FURTHER PRICE HIKES AS COTTON PRICE CLIMBS

Fashion retailers such as Shoppers Stop, Celio and Arvind Fashions plan to increase prices given the unabated rise in cotton prices, which has been worrying the industry for more than a year. TO READ MORE: https://www.moneycontrol.com/news/business/companies/fashion-retailers-plan-further-price-hikes-as-cotton-price-climbs-8456421.html

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TREND WATCH: ITS COMFORT OVER STYLE FOR MENSWEAR THIS SUMMER

Hugely popular during the 90s, the trend of loose-fitting and comfortable clothes is back. The pandemic and ensuing lockdowns. TO READ MORE: https://www.dfupublications.com/news/apparel/trend-watch-its-comfort-over-style-for-menswear-this-summer

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RIDING ON THE EMERGING WOMEN’S INNER-WEAR MARKET

Women’s innerwear to reach $8.5 billion in FY25. As per a Wazir Advisors’ report, the women’s innerwear segment is estimated to grow. TO READ MORE: http://www.dfupublications.com/categories/article/riding-on-the-emerging-women-inner-wear-market

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RETAIL INDUSTY TO GROW 10% A YEAR, REACH $2 TRN BY 2032: BCG-RAI REPORT

As the country recovers from the pandemic, the retail industry has resumed its growth trajectory and is likely to witness 10 per cent annual growth to reach approximately USD 2 trillion by 2032, according to a report. TO READ MORE: https://www.business-standard.com/article/economy-policy/retail-industry-to-grow-10-a-year-reach-2-trn-by-2032-bcg-rai-report-122042700564_1.html

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INDIA NEEDS TO STEP UP FOCUS ON MMF, SAY TEXTILE LEADERS

The production-linked incentive scheme, or PLI, for textiles, seeks to rectify some disadvantages that India suffers vis-à-vis countries upcoming countries like Vietnam and Bangladesh by way of costlier power and labour.  TO READ MORE: https://www.fashionatingworld.com/new1-2/india-needs-to-step-up-focus-on-mmf-say-textile-leaders

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TAMIL NADU ANNOUNCES PLANS FOR MEGA TEXTILE AND APPAREL PARK

R Gandhi, Minister for Handlooms and Textiles announced plans to develop a mega integrated textile and apparel park over 1,000 acre in Virudhunagar district of Tamil Nadu. The ministry will sign anMoU with the National Institute of Fashion. TO READ MORE: https://www.fashionatingworld.com/new1-2/tamil-nadu-announces-plans-for-mega-textile-and-apparel-park

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