13 September 2023, Mumbai

Digital disruptor brands are growing at an annual rate of 35%, faster than the overall online fashion market.

These brands are expected to reach $10 billion by FY28, up from their current size of $2.4 billion.

Younger consumers, particularly Gen Z and millennials, are driving this growth.

By FY28, approximately 50 digital disruptor brands are expected to surpass revenues of Rs 250 crore.

Nuances

These successful brands will be characterized by disciplined product expansion, strategic channel approaches, effective marketing, and structured supply chain management.

This growth potential is expected to instill confidence among investors in the Indian fashion sector, resulting in increased funding and investments.

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01 September 2023, Mumbai

Celebrating Emerging Fashion Talent at Nexa and Lakmé Fashion Week
In a dynamic collaboration between Nexa, Lakmé Fashion Week, and the Fashion Design Council of India (FDCI), designer Sushant Abrol and his label Countrymade have emerged victorious in the esteemed fashion design competition, "Nexa Presents the Spotlight.

A Prize of Recognition and Support for Abrol's Vision
Positioned at the focal point of the accompanying photograph, Sushant Abrol will be the recipient of a substantial financial prize – Rs 8 lakh from Nexa – a resource that will facilitate the realization of his upcoming fashion presentation.

Synergy of Creativity and Collaboration
Shashank Srivastava, the Senior Executive Director of Marketing and Sales at Maruti Suzuki India Limited, highlighted the essence of Nexa Presents The Spotlight: a harmonious partnership fostering emerging talent and ushering in a new era of designers. Srivastava praised Sushant Abrol's journey from concept to realization for the Countrymade label.

Notably, Abrol's interpretation of this season's Nexa theme, Veracity, struck a resonant chord. The anticipation is palpable as Abrol's imaginative vision metamorphoses into tangible reality upon the illustrious stage of Lakmé Fashion Week this October.

Narratives of Courage and Vision
At the core of Abrol's winning collection, aptly titled 'No Man’s Land,' is the poignant tale of a soldier's quest for serenity post-conflict.

The distinguished jury acknowledged Abrol's prowess in encapsulating Nexa's theme of 'Veracity' through meticulously crafted jackets adorned with abstract artwork – a fitting testament to his creative narrative.

A Testament to Dedication: Nurturing Emerging Designers
Sunil Sethi, President of FDCI, reaffirmed the commitment of Lakmé, FDCI, and RISE Worldwide to nurturing emerging talent within the fashion domain.

Nexa Presents the Spotlight's sixth season stands as a testament to this ongoing dedication. Amid a myriad of inventive presentations from participants across the nation, Sushant Abrol's presentation emerged as a clear standout. The excitement is tangible as Sushant's imminent runway presentation awaits, underscoring the persistent drive to inspire the next generation of designers.

Honoring a Legacy of Creativity and Innovation
This initiative, which was initially launched six seasons ago, aimed to provide a global platform for emerging talents to exhibit their design sensibilities. With each successive season, this goal inches closer to fruition.

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Asia's premier fashion event, CENTRESTAGE 2023, concluded successfully on Saturday, attracting over 7,700 buyers from 78 countries and regions. The three-day exhibition brought together more than 240 fashion brands from 19 countries and regions, showcasing a wide range of products from ready-to-wear to accessories.

The event was well-received by both exhibitors and buyers. Many exhibitors said that they were able to meet new buyers and generate leads, while buyers said that they were impressed by the quality and variety of products on display.

The survey also revealed that the fashion industry is increasingly focused on sustainability. About 74% of respondents agreed that sustainable fashion would be prevalent in the industry this year.

CENTRESTAGE 2023 was a success in many ways. It not only provided a platform for businesses to connect and grow, but it also highlighted the importance of sustainability in the fashion industry.

Here are some of the key takeaways from the event:

• The event attracted over 7,700 buyers from 78 countries and regions, making it a major international platform for promoting and launching fashion brands.
• The survey revealed that the fashion industry is increasingly focused on sustainability, with 74% of respondents agreeing that sustainable fashion would be prevalent in the industry this year.
• The event featured a wide range of products from ready-to-wear to accessories, showcasing the latest trends in fashion.
• The event was well-received by both exhibitors and buyers, who said that they were able to meet new contacts and generate leads.

Overall, CENTRESTAGE 2023 was a successful event that showcased the best of Asia's fashion industry. It was a valuable platform for businesses to connect and grow, and it highlighted the importance of sustainability in the fashion industry.

31 August 2023, Mumbai

The price of women's knitwear in India has surged to $4.6 per unit in May 2023, following two consecutive months of growth.

This is the highest price since September 2022. The price increase is attributed to a number of factors, including rising raw material costs, increased demand from overseas markets, and a weaker Indian rupee.

Multiple data points

Overseas shipments of women's knitwear from India also increased by 3.2% in May 2023 to 9.6 million units. However, exports have been declining overall since reaching a peak of 16 million units in February 2023. The United States, Germany, and Australia are the top three destinations for Indian women's knitwear exports.

Inflation; The rising price of women's knitwear in India is likely to put pressure on household budgets and could dampen demand in the coming months.

Bright spot

However, the strong export performance suggests that the Indian knitwear industry is still competitive in the global market.

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07 September 2023, Mumbai

Introduction

The annual Asian fashion extravaganza, CENTRESTAGE, kicked off today at the Hong Kong Convention and Exhibition Centre. The four-day exhibition features over 240 brands from 19 countries and regions, showcasing the latest fashion trends from around the world.

Highlights

• The opening ceremony was officiated by Kevin Yeung, Secretary for Culture, Sports and Tourism of the Hong Kong SAR Government.

Kevin Yeung, Secretary for Culture, Sports and Tourism of the Hong Kong SAR Government

• The CENTRESTAGE ELITES fashion show showcased the Spring/Summer 2024 collections of Hong Kong designer Wilson Choi's high-end streetwear brand REDEMPTIVE and FETICO, a women's retro fashion brand by Japanese designer Emi Funayama.

CENTRESTAGE ELITES fashion show

• The Fashion Hong Kong Runway Show featured a cross-disciplinary approach, with dancers from the Hong Kong Ballet presenting the latest designs from four Hong Kong fashion brands.

Fashion Hong Kong Runway Show

• The highly anticipated finale of the Hong Kong Young Fashion Designers' Contest (YDC) 2023 took place on 9 September.

Hong Kong Young Fashion Designers' Contest (YDC) 2023

• A series of seminars were conducted to delve into fashion trends and sustainable development of the fashion industry.

Seminars on fashion trends and sustainable development

• The exhibition also incorporated a wealth of digital fashion elements, including a Digital Fashion Interactive Zone and outfits incorporating the latest fashion trends by FASHIONALLY's local young designers.

Digital Fashion Interactive Zone

Venue and Timing

CENTRESTAGE is held at the Hong Kong Convention and Exhibition Centre from 6 to 9 September 2023. The first two days of the fair are exclusively dedicated to buyers, while the final two days are open to both industry professionals and the public.

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02 September 2023, Mumbai

Explore the uncharted territories of the Indian fashion industry

In the inaugural Fashion and Apparel Innovation Summit 2023, presented by ETRetail, esteemed speakers from leading fashion, accessories, and apparel companies will convene to engage in a dynamic exchange of ideas. This event aims to explore the uncharted territories of the Indian fashion industry, offering participants one-on-one meetings and exclusive on-site sessions.

Fast fashion in the diverse Indian market

The summit's meticulously crafted agenda captures the essence of the Indian fashion sector.

It will delve into the strategic implications of fast fashion within the diverse Indian market, the art of shaping customer experiences to cultivate brand loyalty and seize market share, the ascendancy of omnichannel strategies, and the pivotal role of data where e-commerce and physical retail intersect.

Witness firsthand how innovation is reshaping the fashion and retail landscape in India

Attendees will have the unique opportunity to witness firsthand how innovation is reshaping the fashion and retail landscape in India.

They will learn from the experts and network with other industry leaders to gain insights into the latest trends and best practices.

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Fashion brand showcases sustainable designs for the upcoming season

Fashion enthusiasts and industry insiders were treated to an exclusive sneak peek of Camla Barcelona's Spring-Summer '24 Moodboard. The event showcased the brand's commitment to sustainable fashion with a collection that features eco-friendly materials, refined palettes, and versatile silhouettes.

"We're truly humbled by the incredible response to our roadshow," said Mr. Ashish Jain, Director of Camla Barcelona. "Camla Barcelona's ethos revolves around blending aesthetics with ethics. Witnessing the resonance of our designs with the audience is both gratifying and inspiring. It fuels our drive to continually reimagine fashion."

The roadshow was enriched with insightful showcases of the season's upcoming trendiest styles. Attendees were invited to delve into the inspiration behind each design, fostering valuable insights and nurturing the potential for collaborative endeavors.

Unveiling

The SS'24 Moodboard is now accessible to brand enthusiasts through various digital platforms. The collection effortlessly amalgamates classic sophistication with modern trends, presenting a unique fashion journey.

Roadshow marks a distinctive chapter in redefining fashion aesthetics

The Spring-Summer '24 Moodboard roadshow has marked a distinctive chapter in redefining fashion aesthetics. By fusing creativity, sophistication, and sustainability, Camla Barcelona has further strengthened its influential presence in the industry.