Marking its expansion into the Northern region, Mumbai-based outdoor clothing brand Gokyo has unveiled its latest store in Noida.

Located inside the Gulshan ONE29 mall, the new store houses Gokyo's diverse and meticulously crafted collection of outdoor clothing and gear.

Featuring the Explorer Series, Alpine Series, and Sherpa Series, Gokyo offers a comprehensive range of products suitable for beginners, intermediates, and expert adventurers alike. Venkatesh Maheshwari, Co-Founder, Gokyo, says, through the opening of this store, the brand aims to inspire and equip adventure enthusiasts with functional and stylish gear.

Expanding its store network, Gokyo recently also opened another outlet in Malad, Mumbai. Through this expansion, the brand aims to provide high-quality outdoor apparel and equipment to adventure enthusiasts across India.

Solidifying its position as a leading fashion brand, Max Fashion plans to open 50 new stores this year, taking its total store count to a 550 by year's end.

Marking a significant milestone, Max opened its 500th store in Pune recently. Covering 10,699 sq ft across two floors, this expansive store offers trendy apparel, footwear, and accessories to cater to the diverse needs and styles of discerning customers.

With its vision going beyond, just numbers, Max Fashions aims to elevate customers’ shopping experience by revamping its stores across the nation. The brand plans to transform its stores into bigger and better fashion hubs to offer customers a world-class experience.

Max Fashion also aims to cultivate deeper brand loyalty by fostering meaningful connections with customers and offering high-quality products at affordable prices.

Sumit Chandna, President and Deputy CEO, says, with its commitment to provide a world-class shopping experience, Max Fashion is poised to become a dominant player in the market. The brand aims to rewrite the rules of the Indian fashion through its focus on innovation, enhanced customer experience and strategic expansion.

Fashion brand Kazo has roped in Bollywood actress Janhvi Kapoor as the face of its new Spring Summer 2024 collection. The brand opines, this will help it expand customer base and boost sales of the newly launched collection.

The new Spring/Summer collection features an array of printed co-ord sets, shirts, blazers, floral tops, trousers, and dresses.

Divya Aggarwal, Creative Director, Kazo, says, the SS ’24 collection promises to showcase versatile styles and elevated fashion, seamlessly blending work, social, and glamour aesthetics.”

Siddhant Aggarwal, Director- Operations, adds, Kapoor’s presence will undoubtedly boost the brand’s online and offline endeavors. This collaboration marks a significant step forward in engaging with our diverse customer base, propelling us towards greater heights in the fashion industry.

Kazo’s new collection is available on Kazo’s website, mobile app, and e-commerce platforms like Myntra, Ajio, Nykaa Fashion Amazon, Tata Cliq, Flipkart and Shoppers Stop.

The Raymond Group has opened its latest flagship store in Mohali. Situated on the Airport Road, Raymond Mohali emerges as one of Punjab's largest retail destinations, spanning an impressive 4,000 sq ft.

Spread across two floors - ground and basement - the store promises an unparalleled shopping experience.

Inderjit Singh Brar, Chief Operating Officer, Raymond Panchkula & Mohali stores, says, the Mohali outlet is a designated Raymond Authorised Tailoring Hub.
With exclusive designs and personalised services, the store will also cater to neighboring areas such as Kharar, Rajpura, Banur, Zirakpur, and even Patiala.

Known as Raymond 80, the new store provides everything from fabrics to ready-made garments. It store boasts a diverse range of designer suits, jackets, sherwanis, and traditional Mukatsari kurtas. From ready-made ensembles to bespoke tailoring, the store offers the latest trends and a complete collection of clothing and accessories, including bed linens, blankets, and a plethora of suit-related accessories, adds Brar.

Highlighting the customisation options available at the store, Brar says, customers can personalise their attire according to their preferences, whether it's a classic tuxedo or a contemporary bandh gala suit.

In addition to men's apparel, the store also customises exclusive Raymond women business wear for clients. The store also plans to introduce ethnic wear soon.
Besides apparels, the store also offers a comprehensive range of accessories from ties and cufflinks to wallets, alongside offerings from brands like Park Avenue and Color Plus. Furthermore, it boasts a dedicated Bed and Bath segment, presenting premium bed sheets, blankets, towels, and shawls for both men and women.

The Raymond Group plans to open two more outlets in Kharar and Zirakpur. Additionally, it plans to launch a comprehensive workshop spanning 1,500-2,000 sq ft in Chandigarh's Industrial Area by August 2024, he adds.

Iconic denim brand, Pepe Jeans India has teamed up with Algonomy, a leader in merchandise analytics technology, to enhance its journey towards data-driven success. This exciting collaboration aims to elevate operational efficiency, enhance customer experiences, and ultimately drive profitability in the ever-evolving fashion landscape.

Under this collaboration, Algonomy's state-of-the-art platform will unity various data sources and offer a comprehensive view across crucial aspect of Pepe Jeans’ business. The platform will provide valuable insights on everything from sales and inventory to pricing and promotions, thus enabling the brand to make informed decisions.

The platform will also allow Pepe Jeans India to delve deeper into data analysis and foster a culture of innovation within its team. Additionally, advanced machine learning algorithms will help the brand predict future selling prices with impressive accuracy, leading to optimised markdowns based on various factors like historical sales, trends, and competitor analysis.

Manish Kapoor, MD & CEO, Pepe Jeans India, says, the platform is a game-changer and offers comprehensive and predictive view of Pepe Jeans’ business. It empowers the brand to make strategic decisions and elevate customer experiences. This partnership will revolutionise the brand’s approach towards pricing strategies and unlock new exciting opportunities, he adds.

Amit Agarwal, SVP – Sales & Business Development (APAC & MEA), Algonomy, agrees, partnering with Pepe Jeans India is a true testament to the transformative power of Algonomy’s technology, he adds.

A brand established under the charitable trust led by Bollywood actor Salman Khan, Being Human Clothing swept up five prestigious awards at the India Fashion Forum 2024 held in Bengaluru on February 21-22, 2024.

The brand clinched the Alizeh award in the apparel category, acknowledging its exceptional marketing and promotional endeavors. Its celebrity-backed campaigns, multimedia initiatives focusing on lifestyle, and impactful social cause campaigns received accolades for their effectiveness.

Furthermore, Being Human Clothing was honored as the ‘Most Admired Brand for Diversity and Inclusivity.’ It also received recognition for the ‘Most admired ESG Initiative of the Year,’ highlighting its commitment to environmental, social, and governance principles.

Founded in 2012, Being Human Clothing operates with the aim of advancing the objectives of 'Being Human – The Salman Khan Foundation,' which focuses on education and healthcare initiatives for underserved populations in India.

The brand has a robust retail presence, boasting over 94 exclusive brand outlets, more than 400 MBOs, over 200 shop-in-shop formats, and a significant presence in online marketplaces.

The India Fashion Forum 2024 celebrated numerous industry leaders for their remarkable performance and innovative strategies. Notable awardees include Rare Rabbit and Tommy Hilfiger in men’s western wear, AND and Vero Moda in women’s western wear, and Mini Klub and United Colors of Benetton in kidswear.

The event highlighted brands that excelled in marketing, promotions, innovation, and retail expansion. Masaba Gupta for John Jacobs and Forum + BOF PNG Slide were among the individuals and brands recognised for their impactful contributions.

15 February 2024, Mumbai

India's growing consumer base is hungry for style, and the fashion and apparel industry is playing an integral role fulfilling these desires. With a projected CAGR of 9 percent until 2025, the industry is poised to become a $190 billion giant by 2026.

But how is the share of fashion and apparel changing within this growth story? Let's dive into the segments, sectors, and cities shaping the future of Indian fashion.
Segment savvy
The Indian apparel market is divided into three-tiers: Premium, mid-price, and economy.
Premium: This segment is seeing explosive growth, fueled by aspirations and brand consciousness.

Much more to it

While the premium segment holds a smaller share, it's experiencing the fastest growth. Rising incomes and brand consciousness fuel this trend, with consumers seeking luxury experiences and designer labels. Think Zara, H&M, and Indian high-street brands like Fabindia.

As per Bain & Company, the premium segment grew at a CAGR of 15 percent from 2017-2022, compared to 8 percent for the overall market.
Mid-price: Interestingly, the mid-price segment remains dominant, catering to the vast middle class seeking quality and affordability. Brands like Levis, Gap, and Lifestyle are catering this segment.

It's expected to grow at a stable CAGR of 8–10 percent, driven by value consciousness and wider product offerings.
Economy: While facing competition from online players, this segment is expected to see moderate growth thanks to its affordability and reach in smaller towns.

Even though its facing pressure from online discounts and brand proliferation, it maintains a steady presence due to its price sensitivity and mass appeal. Brands like Manyavar and Pothys continue to hold strong positions.
Categorywise growth
Menswear: Dominating the market (55 per cent), this sector sees growth in athleisure, casual wear, and formal segments. Men are increasingly experimenting with fashion, driven by rising disposable income and changing lifestyles.
Womenswear: This segment with 35 per cent share is witnessing rapid growth, fueled by urbanization, career aspirations, and evolving fashion trends. Athleisure, western wear, and fusion styles are gaining traction.
Kidswear: This segment with 10 per cent share is expected to grow at a healthy CAGR of 8.8 per cent, driven by rising awareness of child development and brand consciousness among parents.
Cityscape: Tier II & III take center stage
Traditionally, metros and Tier-I cities dominated apparel consumption. However, the story is changing with metros like Delhi, Mumbai, Chennai, Kolkata still holding a significant 40 per cent share but facing saturation.

Consumers here seek niche brands and personalized experiences.
Tier-I cities like Pune, Bangalore, and Hyderabad, with a 25 percent share are witnessing rapid growth, driven by young populations and rising incomes.

Intriguing data-point

These markets favour mid-price brands and omnichannel shopping. Tier II and III cities, with a 35 percent share, is emerging as the fastest-growing market (CAGR 9.5 per cent), fueled by increasing disposable incomes and aspirations. Consumers here seek value for money and are receptive to online platforms.
Forward statement

As India's fashion and apparel sector looks ahead to continued growth, with diverse segments, sectors, and cities contributing to its dynamism, understanding the shifting dynamics and consumer preferences will be key for brands to succeed.

By focusing on personalization, omnichannel strategies, and catering to the specific needs of each segment and region, brands can be part of India's fashion revolution.

Latest Textile Events

Expanding its retail presence in India, sportswear brand New Balance has launched a new store in Hyderabad.

Located at the Sarath City Capital Mall, the store is the first-of-its kind retail concept store in India. Radeshwer Davar, Country Manager – India. New Balance, says, the symbolising more than just a retail space, the new store is a symbol of the brand’s commitment to bringing the New Balance experience closer to its customers.

The brand chose to expand its store network in Hyderabad as the city offers a dynamic blend of modernity and tradition. The vibrant and active lifestyle of the people in the city aligns with the brand’s ethos seamlessly, Davar adds,

New Balance plans to further expand its retail presence in India by opening a store in the city of Pune next month.