16th October 2021, Mumbai:

India’s leading value e-commerce company, Snapdeal will organize the second edition of the Toofani Sale Season from October 16 till October 23.

As per an Indian Retailer report, The sale will offer thousands of best-selling items at best prices across fashion apparel including sarees, Kurtis, suits, shirts, t-shirts, jeans, kids wear, and fashion accessories like watches, jewelry, eyewear, and wallets, home and kitchenware, kitchen appliances, home furnishing, beauty, and personal care, and health and fitness.

There will be great offers on brands like Globus, AKS, Cherokee, Alcis, Jockey, VIP, Red Tape, Liberty, Syska Led, Phillips, Everready, Prestige, Gini and Jony, Hopscotch, Cosmos by, Vi-John, Coloressence, Faces Canada, Bombay Shaving Company and many more. Snapdeal customers will be able to take advantage of various deals including 4 Hourly Deals, and deals that will last up to a day in the sale period, offering even better prices on their favorite finds.

There also will be some bonus 'Super Deals of Day' and free shipping on everything.

With the onset of the winter season, Snapdeal customers will have access to a vast selection of winter items including items like jackets, sweaters, and home items like blankets and comforters. There’ll be savings on other category items like apparel, footwear, beauty, and personal care, home, and kitchenware.

With the ongoing festivities of Navratri and DurgaPujo and preparation for celebrations like Karwachauth, Diwali - SnapdealToofani Sale will also have a range of items like fashion jewelry, lighting accessories, pooja thalis and prayer accessories, home decor items, etc.

There are sales with up to 80 percent off for Snapdeal customers, and benefits from various bank offer including additional discounts on using cards like Rupay, AU, Dhani, and Federal Bank cards. Users can also avail of cashback on Paytm wallets.

TOP 5:

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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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13th October 2021, Mumbai:

Gandhi Automations Pvt. Ltd., India's premier entry automation and loading bay equipment manufacturer, has been named a Star Export House by the Indian government.

The firm, which is based in Mumbai, is well-known as a global ‘Made-in-India' brand in the industrial manufacturing sector. The company's Managing Director, Samir Gandhi, verified the government of India's certification.

"We are pleased to be a worldwide Made-in-India brand," Samir said. We appreciate our hardworking staff and consumers that believe in us and our mission."

Since its inception in 1996, Gandhi Automations has specialised in designing, manufacturing, exporting, and installing industrial high-speed doors, dock levelers and dock shelters, sectional overhead doors, rolling shutters, aircraft hangar doors, and shipyard doors for nearly every industry around the world.

The firm went on to say that it has a 70% market share in India and has expanded its operations to 40 cities in India and 30 countries globally on the occasion of the certification.

"Gandhi Automations actively contributes to India's growth through foreign exchange by selling items to more than 30 nations."

"By continuously delivering the best-in-class entry automation solutions and loading bay equipment, we are also showcasing India as the world's next manufacturing hub," Gandhi Automations remarked.

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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12th October 2021, Mumbai:

According to IBISWorld, the lingerie industry in the United States will be worth US $ 6.20 billion in 2021, with foundation garments or shapewear accounting for 20% of that total.

From 2021 onwards, this market is expected to expand by more than 4.40 percent, owing to changing lifestyles of US women consumers, which has resulted in higher spending on fitness and related accessories, favourably impacting the market growth.

The import value of shapewear in the United States reached US $ 233.41 million in August of this year, representing a 25.23 percent year-over-year increase. Control camisoles, corsets, body shapers, singlets, body briefs, and brassieres are among the goods included in the foundation garments category.

China was the leading exporter of brassieres/foundation garments to the United States, with the US $ 82.07 million (up 25.28%), while Vietnam recorded the US $ 44.58 million, a 57 percent year-over-year increase.

Sri Lanka's increase (4.25%) was modest, with foundation garment exports to the United States totaling the US $ 23.07 million in August of this year.

Bangladesh grew by 216.93 percent year on year in August of this year, shipping the US $ 40.25 million in foundation garments to the United States. Indonesia, on the other hand, performed well in its brassieres shipping to the United States, clocking the US $ 19.10 million in August of this year and recording a 120.95 percent year-over-year increase.

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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The apparel industry continues to appeal to the government to look at its legitimate demand of 'The proposal to re-look at fixing a uniform GST slab of 12% for the clothing sector, the serious fear is if it gets through, will deal a body blow ‘already battered’ sector gasping for support and may lead to heavy job losses/ layoffs.

Let us explain here the state of existing affairs, there are two tax slabs as of day- 5% for MRP below ₹999 and 12% for above that.

The given battering trade has received in the hands of pandemic over last year & a half warrants for a uniform tax slab prompted a proposal to fix it at 12% for both the slabs. However, trade representatives & associations are making a case for 5%.GST.

“No gainsaying that the industry, one of the biggest job providers. With the situation far from healthy, increasing tax to 12% will only worsen the health of the trade,” alluded Sajjan Raj Mehta, of Karnataka Hosiery and Garments’ Association recently.

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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13th October 2021, Mumbai:

Like Uttar Pradesh, one of India's most populous states aims to boost exports to Rs. 3 lakh crore in the next five years, the state government has highlighted apparel as a critical industry with enormous development potential.

The state's total export is currently at Rs. 1.21 lakh crore. At the request of Invest UP, PricewaterhouseCoopers conducted research and suggested infrastructure changes in Gautam Budh Nagar and Kanpur.

The initiatives include the establishment of an apparel park in Gautam Budh Nagar, common facility centres, testing agencies' laboratories, design labs and clothing manufacturing training centres, raw material depots, and sourcing hubs, among others. According to the research, UP loses out to Turkey, the United Kingdom, and Italy, which have no tariffs on house jackets and comparable synthetic fibre clothing sent to Germany and the United Kingdom.

Similarly, UP's cotton T-shirt exports to nations like the United States, Germany, the United Kingdom, France, and Spain lose out to zero-tariff exports from Honduras, Nicaragua, El Salvador, Bangladesh, Turkey, and Portugal.

PWC has stated that there is at least a 10% gap in tariff rates between India and nations such as Bangladesh, Turkey, Cambodia, and others in the clothing industry, for which Noida, Greater Noida, and Kanpur are centres, making it difficult for India to compete.

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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11th October 2021, Mumbai:

Global sports brand Puma has appointed SmitaBalram as the head of corporate communications for the Indian business. In her new role, Balram will further build Puma’s communication strategy and efforts while driving the PR narrative for the brand.

Balram has over 16 years of extensive experience in print and broadcast journalism. In her previous role, she was associated with financial daily, The Economic Times, where she covered the retail ecosystem and tracked multinationals and large Indian conglomerates. In the past, Balram has contributed to prominent media houses such as TV Today Network, Deccan Chronicle Holdings Ltd., and Deccan Herald where she primarily reported on fashion and lifestyle.

Puma is a global clothing and consumer goods manufacturer that has a huge fan following the world over. Founded in 1948, it is headquartered in Herzogenaurach, Germany. Puma has had many breakthroughs over the years, including the Super Atom, football boots with screw-in studs, its successor, the Brasil, etc.

According to press reports, Puma is also the first to take a look at its environmental impact, focusing on manufacturing its products with recycled material and using more environmentally-friendly manufacturing practices.

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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14th October 2021, Mumbai:

Global bodywear brand Sloggi plans to expand its retail presence in India through franchise partner Solar Group. A brand from the house of Swiss undergarment maker Triumph International, Sloggi plans to open 10 stores in India by 2022.

Most stores will be opened in Tier-II cities and key metros. The expansion will enable the brand to explore its potential in this market segment, view Santhosh Sivaramakrishnan, Commercial Director, Triumph India, and Sri Lanka.

The brand has leveraged our strength in multi-brand outlet partners after which, it plans to expand into large-format stores as well, Sivaramakrishnan adds.

Sloggi will open stores in Navi Mumbai and Pune between October and December this year. With innovative materials, designs and out-of-the-box thinking Sloggi creates the world’s most comfortable, wearable, everyday, innovative bodywear.

For 40 years, the brand has been a hallmark of diversity and a modern uncompromising lifestyle that emboldens people to stand for themselves.

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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12th October 2021, Mumbai:

As per the latest figures from leading data and analytics company, GlobalData, the Indian clothing, and footwear market will grow at 21 percent CAGR to reach Rs 2,020 billion ($25.8 billion) by 2025. India’s overall e-commerce sales are expected to grow by 23 percent over the next five years to reach $119 billion.

Myntra will lead growth in online clothing sales with 52 percent growth followed by Nike and Big Bazaar.

Myntra has addressed the issues of sizing and clothing returns through a locally driven supply chain and ‘Style Exchange’ technology that helps shoppers find an accurate size and fit, says Ankita Roy, Retail Analyst, GlobalData.

To make more headway in the market, brands and retailers need to ramp up their digital operations, she adds.

GlobalData’s survey included 500 Indian consumers aged over 16 years and was conducted in early July 2021.

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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11th October 2021, Mumbai:

Leading branded apparel company under the umbrella brand “Monte Carlo, Monte Carlo Fashions. has witnessed a strong demand for the Summer products in recently conducted Trade Show (Spring Summer 2022- order booking) and with sales swiftly moving above or close to pre-COVID levels.

During the second quarter ended September 2021, the company expects strong volume growth and calibrated price increase. This is mainly on account of opening up of economy on the back of reduction in COVID 19 cases and removal of lockdown restrictions in most of the geographies, it added.

The company has strengthened its retail presence in India with the opening of 12 new EBO’s during Q2 FY22; with this, the company has achieved a milestone of 300 EBO’s across 20 states and 4 union territories in India.

Apart from thrust on retail network expansion, the company also accelerated its digital and Omni channels during the quarter.

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

Return to homepage

14th October 2021, Mumbai:

Fashion brand House of Fett has opened a new store in India’s largest mall ‘Mall of India’, Noida. As per Fashion Network, the store spans 700 sq. ft. and is designed according to the Roman Cosmo theme.

The brand also launched its new pre-fall collection ‘Ritz 21’ during the launch event. According to Abhinav Gupta, Co-founder and Creative Director, the decision to open a new store in this post-pandemic world was fuelled by the love and recognition from the growing customer base.

The brand has bounced back post the re-opening of businesses across India and sees strong growth potential going forward. It recently opened stores in New Delhi and Gurugram.

House of Fett is supported by garment manufacturing firms Ra Apparels and Srigan Exports. The brand also sells through its website.

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

Return to homepage

12th October 2021, Mumbai:

A business group met with Textiles Minister Piyush Goyal to discuss the GST rate on clothes and asked for a minimum GST rate. "We had a lively debate with the Minister about the detrimental impact on the whole textile supply chain if the GST was raised from 5% to 12%."

For 85 percent of customers, costs will rise, and MSME will lose market share. "There would be difficulties like an increase in working capital demand," Sanjay Jain, MD of TT Ltd., who was part of the team, said.

Rajesh Masand, President, CMAI, and Rahul Mehta, Chief Mentor, CMAI, were among the delegation members, as were Kulin Lalbhai, Arvind Ltd., and Lalit Agarwal, V-Mart. The delegation argued that the textile sector should have a consistent 5% rate across the whole value chain. The Clothing Manufacturers Association of India (CMAI) has voiced its dissatisfaction and pain.

Industry believes it is concerning that, in order to address a problem that affects just a tiny portion of the industry, the GST Council is proposing raising the costs of approximately 85% of final products to consumers.

It's worth noting that there have been claims that the price of garments and fabrics has risen by 10% in approximately a week as a result of a sharp increase in yarn costs. Furthermore, the increasing cost of gasoline has rendered logistics prohibitively costly.

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

Return to homepage

11th October 2021, Mumbai:

Baby and mom products start-up Miarcus plans to strengthen its offline network by adding five new stores in North India this year and expects to clock double-digit growth annually on the back of its retail expansion.

The brand launched a flagship store in Delhi spread across 650 sq ft at DLF Malls of India. It houses products across multiple categories, serving pregnant mothers and kids up to 4 years of age.

Miarcus Gian Singh, Co-Founder says, after a tremendous response to its online shopping platform, the brand aims to tap into this ever-growing demand for comfort and care for new mommies and their babies.

Garima Kaur, Co-Founder and Head-Offline Sales adds, the brand aims to clock in double-digit growth annually for the next three years. In terms of physical stores, it plans to open three more stores across Delhi NCR apart from one each in Lucknow and Jalandhar by December this year.

Co-founded by Gian Singh, Garima Kaur, and Preeti Chugh, Miarcus generates the majority of its sales by selling its products through its website.

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

Return to homepage