26 November 2021, Mumbai:

After a fire broke out in the Gandhi Nagar region of Delhi, the body of a 40-year-old man was discovered in an apparel manufacturing plant. The fire started in a first-floor room of a three-story structure that housed manufacturing.

According to the police, the dead was named Sanju, who was from a hamlet in Uttar Pradesh's Bulandshahr district.

According to reports, the buildings were utilized for shirt production and storage. According to police sources, the victim's body had no obvious burn injuries, thus he may have died of asphyxia.

The actual cause of death will be determined by a post-mortem examination. Around 3 a.m., the fire department received a report about a manufacturing fire, and six fire tenders were dispatched to the scene. The fire tenders were unable to reach the specific spot since the factory was located on a tight street, according to police.

"On the factory's first level, a guy subsequently identified as Sanju was discovered unconscious. According to Deputy Commissioner of Police (Shahadra) R. Sathiyasundaram, he was taken to a nearby hospital and proclaimed dead. "Further legal action will be taken based on the Fire Department's report," he stated.

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TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

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4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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26 November 2021, Mumbai:

V-Mart Retail has added 25 stores so far this year. The plan is to add at least 15 more stores in the second half of the year, some in South India, which is new territory for V-Mart.

The company is building up inventory. Historically the second quarter has been a loss-making quarter, and the third quarter has always been profitable, and so V-Mart expects to see a turnaround going forward.

The company has a comfortable cash position and there are no debts and there are no plans to take on any debt or external funding as of now.

What’s helping is the uptick in average selling price as well as in average bill size since winter wear is more expensive. V-Mart also sees a positive trend in the fact that last year at the same time more of home wear and loungewear and comfort were being sold.

But now occasion wear and festive wear demand have grown. This is aiding the uptick in average selling prices as well as in average bill size. About 70 percent of V-Mart’s offerings are private labels.

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TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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25 November 2021, Mumbai:

Muskan Soni, a graduate of the National Institute of Fashion Technology, has started the knitwear brand Khajoor with its first collection, 'Move,' which features hand-knitted clothing and accessories.

Khajoor's inaugural collection includes thick knitwear in natural tones, geometric patterns, and a modern spin on the old look.

The collection, which includes roll-neck sweaters, sweater dresses, cardigans, beanies, and crochet sets in natural lahauli wool, is meant as a collection of timeless pieces, according to Soni. The brand stated on Facebook that it is now accepting pre-orders for its debut collection via direct message on Facebook and Instagram, as well as messaging app WhatsApp.

The brand just released a little fashion video to promote its collection, which contains Sessa's music and honors the artisans who created the brand's initial outfits. Khajoor, which is called after the Hindi word for date palm tree, has been posting images of its artists on Facebook and Instagram to demonstrate their commitment to generating long-term jobs for artisans in Himachal Pradesh.

Soni told Not Just a Label about the brand, "The brand seeks to mindfully develop products that promote legacy via time-honored craft skills, materials, and craftsmen of the nation." "Being mindful of the environment in which we live, supporting the local textile industry, and empowering craftsmen while making a good influence on them and their communities are among our key beliefs."

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TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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26 November 2021, Mumbai:

The Clothing Manufacturers Association of India (CMAI) has inaugurated the CMAI's Arbitration Cell, which is one of the organization's most essential and significant new projects.

While CMAI has been assisting its members with Conciliation and Mediation for numerous years, the creation of an Arbitration Award will provide the winner with significantly greater legal strength.

The group stated in a statement that India's domestic garment sector has long been hampered by long loan periods, which are frequently accompanied by unjust and arbitrary returns of items, deductions when making payments, and arm-twisting of micro and small producers.

The panel of Arbitrators will comprise significant members of the business with impeccable credentials, legal luminaries, and persons of high respect, according to Rajesh Masand, President, CMAI. Members of other trade groups from throughout the country will also be on the panel.

The entire market size in the Indian domestic market is estimated to be close to 6.5 lakh crore. Even if a minuscule proportion of 1% was used to estimate the amount of contested, delayed, or refused payments, the total would be staggering: $6,500 crore. This emphasizes the importance of a fast, efficient, and cost-effective system for resolving such conflicts and complaints.

"Unfortunately, current legal systems make legal action prohibitively expensive, time-consuming, and frequently ineffectual. This is why, throughout the world, arbitration is being used to resolve business disputes in a cost-effective and timely way, while also providing the necessary objectivity, professionalism, and subject expertise in the process," according to CMAI.

Following in the footsteps of this growing trend, CMAI inaugurated its Arbitration Cell, which promises to give invaluable help to industry members, primarily MSME manufacturers, while continuing its informal conciliation procedure.

CMAI's Arbitration Rules and Regulations were developed with industry standards in mind while also ensuring justice and equity for all stakeholders. Shaunak Thakker, a lawyer and Fellow of the UK Arbitrators, emphasized the value of arbitration and praised CMAI for incorporating it into their work. In another development, the CMAI debuted its CMAI Membership Card, which gives CMAI members access to a variety of advantages and discounts from around 25 of the country's biggest brands and stores.

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Daily News:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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26 November 2021, Mumbai:

Nykd will launch a sleepwear collection designed by Masaba Gupta. The line mixes bold prints with color blocking and classic sleepwear fabrics such as satin.

Along with nature-inspired motifs, Gupta designed a custom milk carton print for the collection which features on the pajama bottoms and the button-down pajama shirts. This is wearable, quirky sleepwear having the colors and patterns not typically seen in everyday wear.

It’s a balance between being quirky and fun but is comfortable with easy fits and striking prints.

Nykd is a private label brand belonging to multi-brand fashion retailer Nykaa. This e-commerce beauty company has maintained its growth momentum.

Increased marketing spends have led to an acceleration of customer acquisition, which is also evident in the unique visitor and transacting customer metrics. Nykaa's beauty and personal care GMV (gross merchandise value) grew by 38 per cent year on year while fashion GMV grew by 215 per cent.

On the fashion side, Nykaa has launched the brand Gajra Gang in the Indian wear space. Nykd’s philosophy of giving women a high sense of comfort and freedom gets further celebrated with Masaba’s unique design aesthetic.

Gupta is known for her bright, bold, and whimsical prints which feature on everything from kurtas to jumpsuits for her brand House of Masaba.

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TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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25 November 2021, Mumbai:

India's garment imports totaled $ 777.35 million in the first nine months of this year, up 25% year on year. According to the Ministry of Commerce and Industry (India), woven garment imports have remained stable, increasing by just 6.75 percent in the first nine months of 2021, with imports valued at US $ 402.75 million.

Knitted clothes, on the other hand, saw a considerable gain of 53.12% on a year-over-year basis, reaching a value of US $ 374.60 million over the period.

According to the statistics analyzed by Garment Resources' data research team, China's apparel exports to India continue to shrink, particularly due to a large drop in woven textile shipments (down 56.87 percent). India purchased 183.21 million dollars worth of clothing from China, down 22.13 percent year on year.

Bangladesh was once again the leading importing destination for Indian garment purchasers, with total import value hitting the US $ 318.56 million, a year-on-year increase of 67.64 percent.

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TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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26 November 2021, Mumbai:

The Confederation of All India Traders (CAIT) has resolved to begin a nationwide movement against such arbitrariness, calling the raise unjustifiable. Under the auspices of CAIT, the Delhi Hindustani Mercantile Association and the Federation of Surat Textile Association (FOSTA) would lead the movement.

It will be attended by trade organizations of all sorts, as well as workers and employees linked with them. The CAIT has called a video conference on November 28 with leaders of the textile and footwear industries from around the country, as well as important trade leaders from all states, to deliberate on the agitation's future strategy.

According to BC Bhartia, National President, and Praveen Khandelwal, Secretary-General, CAIT, there was no inverted tax structure in the cotton textile business, therefore why were fabric and other cotton textile commodities included under the 12% bracket?

There was no inverted tax issue in the man-made textile business at the stage of making garments, sarees, and other forms of made-ups. A retrograde move would be to make such a hard judgment without comprehending the phases of the textile business.

"Instead of simplifying and rationalizing the GST tax structure, the GST Council has made it the "most confusing GST law in India throughout the world," according to them, and this is in stark contrast to the GST structure provided to CAIT by then-Finance Minister Arun Jaitley."

"There are three essential things in life: Roti, Kapda, and Makaan." Bread has already become prohibitively costly owing to price increases, purchasing a home is out of reach for the average person, and the formerly affordable fabric has been turned prohibitively expensive by the GST Council.

After all, what type of care is given to the country's ordinary man? Because these judgments were made unanimously in the GST Council and no one objected to such an unreasonable decision, not only the Central Government but also the State Governments are entirely culpable in this matter. They have requested that the higher GST charge on clothing and footwear be removed immediately.

They said that the country's retail commerce had already been devastated by Covid and that now that the business was getting back on track this year, the hike in GST rates would be the last nail in the coffin of the industry," both leaders added.

The Federation of Hosiery Manufacturers Association of India (FOHMA) has also stated that the planned rise in the rate from 5% to 12% will drastically raise the pricing of apparel now priced below Rs. 1,000.

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DAILY NEWS:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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26 November 2021, Mumbai:

Language Shoes has opened a new store in Chennai’s Express Avenue Mall. The brand has a new Language Black collection in store, which is its most premium line to date. The collection features a range of hand-painted and exotic leather products.

There are new collections for men and women, with styles like loafers, derbies, boots, sneakers, handbags, and totes.

Language Shoes is a footwear and accessories brand offering a full range of leather products. It has men’s and women’s shoes, bags, and accessories. Language ensures that only the best goes into the making of any of its products by producing most of the raw materials in-house.

Chennai has three stores. In order to ensure safe shopping during the pandemic, the store staff is all vaccinated against Covid. Social distancing and sanitisation measures are also in place throughout the stores.

Language Shoes is a luxury fashion footwear brand offering top-notch, sophisticated in-house designer brands of footwear styled and created with precision fitting, sleek and sophisticated style, and limitless comfort.

They’re equally used to trodding the boardrooms and the art galleries of the world. Stones and Bones and Superfit for children and young adults make their exclusive debut in India at Language. Talk The Walk is the concept branding behind this fabulous line of footwear. 

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TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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24 November 2021, Mumbai:

Apparel brands are chalking out expansion plans of their brick and mortar businesses in the third quarter. Shoppers Stop plans to grow its private-label mix.

And some 20 department stores will be opened over the next six months and 20 beauty stores over the next two years. It plans to deepen its presence in smaller towns, with small-sized stores to improve efficiency.

Similarly, Indian Terrain’s sales bounced back to pre-pandemic numbers, and aggressive retail expansion will remain a key driver for the company’s growth.

Indian Terrain, which operates 200 stores across 150 cities, aims at expanding in Tier I and II markets where many customers still prefer offline shopping over online. Since March 2021, the company has expanded its footprint nationwide with 40 stores and looks to continue the momentum.

Aditya Birla Fashion and Retail (ABFRL) will continue its aggressive store expansion plans across segments, where ethnic wear and Pantaloons will see over 100 new stores annually.

Aditya Birla expects a strong and sustained recovery on the back of tailwinds from the festive season and witnessed a margin improvement on an improved share of retail and private labels, lower markdowns, and cost control measures.

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.  

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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26 November 2021, Mumbai:

The proposed change in GST rate from 5 percent to 12 percent is going to significantly increase the prices of apparel now costing below ₹ 1,000.

Expressing concern over the Centre's recent notification on higher Goods and Service Tax (GST) rates to be levied on several apparel items from January 1, 2022, a prominent hosiery manufacturers'' association has sought its deferment, saying it will impact the common man and those in the micro small and medium enterprises (MSME) sector.

The proposed change in the rate from the existing 5 percent to 12 percent is going to significantly increase the prices of apparel now costing below ₹ 1,000, office-bearers of the Federation of Hosiery Manufacturers Association of India (FOHMA) said.

The move will impact the weaker section of society, who mostly buy clothes priced below Rs.1,000.

"What is more important is that more than 85 percent of India's total garment market is below the ₹ 1,000 price level," they added.

Additionally, the proposed merger of 12 percent and 18 percent slabs to a single rate will result in a staggering increase of 30 percent in the GST rate for garments.

Ndtv.com (The news article has not been edited by DFU Publications staff)

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DAILY NEWS:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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26 November 2021, Mumbai:

Designer and entrepreneur Jayanti Reddy is celebrating a decade in fashion for her eponymous brand. Now she plans to expand internationally and step into menswear.

Reddy also recently collaborated with wedding designer Devika Narain to launch a series of six installations in her new store which celebrate Reddy’s diverse archive of bridal wear.

The installations feature Reddy’s take on traditional Nizami and Benarasi weaves as well as a feature for her team of artisans and ample examples of her signature purple hue. Reddy is also stepping into education through her collaboration with the online education platform The Designer’s Class.

For her first-ever class in design, Reddy will teach on building a sustainable brand, trade secrets, and the ins and outs of the industry.

The Jayanti Reddy label which opened in 2012 epitomizes an elegant and relatively understated sense of style with a strong emphasis on naturally dyed, handwoven textiles that are embellished with intricate hand embroidery. It infuses traditional clothing with a unique sense of style and understated elegance.

The brand’s formal/festive collections are characterized by a sense of craftsmanship, style and creativity.

The designer has laid strong emphasis on the use of hand-woven, naturally dyed Indian textiles and heritage weaves like Benarasi and chanderi silk, and organza, in her women’s wear collections.

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TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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24 November 2021, Mumbai:

Despite the intervention of the Union Ministry of Textiles, the sector continues to be hammered by high yarn prices. Tirupur's garment makers will stage a one-day walkout on November 26 to protest the rise.

This strike is part of a broader 'action plan' to protest the rising cost of cotton yarn. According to media sources, the Tiruppur Exporters and Manufacturers' Association (TEAMA) voted to undertake a day-long strike with the backing of traders and truck owners at a meeting organized by the TEAM.

The price of yarn, which has increased by nearly Rs. 100 per kg in only a year, and the spiraling cost of raw materials were both mentioned at the conference as important challenges that have been plaguing the multi-crore business for some time.

Exporters are concerned about the price of 30s combed yarn, which has risen from Rs. 240 per kilo in November 2020 to Rs. 380 per kilo in November 2021.

"Since the price of yarn has been steadily increasing over the past one year, exporters and manufacturers in Tirupur have been complaining in one way or another," said Muthurathinam, TEAMA President, as cited by a prominent English newspaper.

In Tirupur, we have decided to organize a one-day strike during which all factories and stores would be closed. We urge governments to step in and lower the cost."

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India, Noida

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