19 November 2022, Mumbai:

Reliance Retail is a part of an O2C giant conglomerate in its primacy this domestic retail giant has forayed with the resolute intent to take on biggies; eked out in a very measured and calibrated approach bridging gap lines to give birth to an ambitious retail juggernaut shaping the group's future as a growth engine to champion the cause.

The secret sauce of Reliance Retail has been the collaborative approach of the platform bringing together allied complementary forces in a very coherent fashion likes of alliance with the Facebook group launching a WhatsApp (WA) JioMart meaningful partnership, enabling on the back of it its valuable customer to browse the grocery catalogue online; WOW! excitingly in a jiffy facilitate adding products to a purchase-cart and help make a transaction of purchasing through the mass/popular messaging platform none other than WA.

Now & then

Besides, Reliance Retail added 11.1 million square feet of warehousing space during the year reliance retail acquisition spree was on right throughout & reliance retail brands was working 24 x 7 under reliance retail CEO, Akhilesh Prasad nearly doubling the warehousing space to 22.7 million square feet, Reliance Industries Ltd (RIL) said in the annual report for FY22. In FY22, Reliance Retail added over 1.50 lakh jobs, taking its total headcount to 3.61 lakh.

As one TOI earlier this year on Reliance Retail sheds light," At the granular level as of June 30, 2022, Reliance Retail was operating 15,866 stores with an area of 45.5 million sq ft covering all corners of the country. In FY22, Reliance Industries invested Rs 30,000 crore in its retail business and added 2,500 stores. Giving a nuanced understanding of the unfolding story stating on average, Reliance Retail had added seven stores per day to drive home the point of how the juggernaut keeps rolling".

Furthermore, Isha Ambani alluded in her earlier press communication regard to the envisioned roadmap of this division," The primary strategy is to onboard millions of small merchants integrate with this one-stop/one point platform for the mutual meaningful progressive relationship starting as a mission and translating it to more of a trade movement handholding/giving impetus the partners to prosper.

Happy to report that since its launch merely two years, it is leapfrogged and grown its merchant partner base to in excess of a staggering 20 lakh, valuable partners. Putting it on record 'Reliance Retail' adds incredibly no less than 1.5 lakh/thereabouts partners month in and month out. The initiative of partnering with one crore merchants is well on its course. She further affirms that, as the platform strides to expand its footprints Pan-India, well aiming to serve way beyond 7,500 towns and 5 lakh villages in the following five years as a target,".

As the Rs 25,000-crore Reliance Retail initiative celebrates its first day in business, billing counters at the Reliance Fresh store in Banjara Hills got busy scanning barcodes. When put into practice, its blueprint has all the makings of a retail behemoth.

Raghu Pillai, president and CEO of Reliance Retail, announced opening the company's first batch of 11 stores in Hyderabad by stating, "In the next 18 to 24 months, we will reach the top 70 cities across several formats. We will introduce additional retail designs by March or April 2007, targeting markets like consumer durables, hypermarkets, music/entertainment, pharmacies, specialized shops, and lifestyle goods. More and more consumers of Reliance Brands are moving towards affordable luxury

One size does not fit all

The 2,300 square-foot formats called Reliance Fresh will stock high-frequency consumables. Other layouts, such as hypermarkets, may occupy up to 1,50,000 square feet. As it competes with mom-and-pop shops, corner vendors, and rival retail chains, the corporation is expected to institute an aggressive pricing policy for everyday consumables. Gunender Kapoor, CEO of Reliance Retail's food division, commented on the pricing approach: "For essential items, we will offer several price points. Our multiple outlets in the city will all have the same market-driven pricing policy.

We cannot solely rely on input from pilot stores in a single area, Mr. Kapoor said in response to the justification for expanding test stores in additional cities. People have incredibly regional cuisine preferences. While providing worldwide services, we also wish to cater to regional tastes. Pooja flowers are one extremely local offering at the Hyderabad store aimed at the neighborhood.

The Supply Chain Conundrum

Reliance Retail intends to focus most of its expenditures on improving the supply chain and backend integration, which are the company's foundation. "What you see is just a tiny fraction of what we have accomplished. We've put a lot of work into the backend operations," Mr. Pillai said, referring to the first store in Hyderabad's affluent Banjara Hills neighborhood, which has long served as a testing ground for various goods and services.

It's interesting to note that the corporation is also considering trading with the trade to profit from its supply chain investments. The company will launch Ranger Farms, its wholesale format, in the fresh market to serve pushcart sellers and small retailers.

Focusing on an omni channel approach

Reliance Retail’s omnichannel platform Ajio is a big beneficiary of this robust online-driven strategy. Reliance’s sectorial figures are impressive. In fiscal 2021-22, almost 2,500 stores were added, with a whopping 42 million sq. ft. of the operational area. With 200 million registered customers, 520 million walk-ins, and 4.5 billion online visits that is registering a 2.3 per cent increase year-on-year and 600,000 online order deliveries, makes Reliance’s Retail an act difficult to match.

5G network to drive up business; Unlike many brands, Reliance Retail does not feel that the writing is on the wall for brick-and-mortar although it is focusing on driving e-commerce on a grand scale. The commitment of $25 billion towards the soon-to-be-launched Jio 5G network will further consolidate and strengthen the e-commerce division.

Pathway to Success

To bring enormous benefits to Indians, Pillai continued, RRVL's objective is to energize the country's retail industry through an inclusive strategy that serves millions of customers while empowering millions of farmers and micro, small, and medium-sized businesses.

According to RIL, RRVL's "New Commerce strategy" has also begun a revolutionary digitalization of 20 million small and dispersed merchants, allowing them to employ technology tools and a productive supply chain infrastructure to provide customers with a better value proposition. Analysts anticipate that Ambani's deal-making binge will continue regardless.

Reliance has an inherent advantage to cater to both with its extensive portfolio of brands and products. Reliance will need to not only create a viable product-retail mix but connect with the aspirational aspects in the consumer's mind to compete with the international brands."

Taking on this challenge, Reliance Retail is confident of making its presence felt. It is currently the largest fashion and lifestyle retailer in the country with a network of nearly 4,000 stores across segments from ethnic and values fashion to luxury brands. It also runs Marks & Spencer stores in India and recently partnered with Gap.

Since the announcement that Reliance Retail was entering the tough FMCG market earlier this year, it is not a surprise that the retail giant would enter the fast fashion market. And why not the market value of textiles and apparel across India in the financial year 2021 was USD 80 billion and this value was estimated to reach USD 190 billion by 2026.

Latest Textile News

17 November 2022, Mumbai:

The term "manufacturing" is likely to conjure images of massive factories and assembly lines employing sophisticated machinery to produce various goods continuously. Even though one manufacturing approach is well-known and traditional, others are gaining popularity because they solve some drawbacks of conventional manufacturing.

Let us try and decode the phenomenon called on-demand manufacturing where one doesn't have to go for mass/bulk manufacturing Vs. Making production as on-demand cloud services is a new transformative trade landscape/paradigm in order to accomplish the most-desired business flexibility, especially against the backdrop of Industry 4.0 through enabling speedy configuration of loosely-connected production devices in the earnest to have required customized product/s.

Reconfiguring

On-demand manufacturing is the name of this business strategy. On-demand manufacturing often referred to as custom manufacturing, cloud manufacturing, or manufacturing on demand, is a manufacturing method where products are only produced when needed and in the necessary amounts. This innovative process contrasts with conventional manufacturing, which has goods in bulk and stores them in facilities until they are sold, distributed, and delivered.

This article is an effort to discover/explore the recent phenomenon of on-demand fabricating units showing an uptick in the story/piece of an idea, as there is a demonstrability in the fundamentals of micro-factory (MF) Microfactories transforming the very fashion apparel enterprises/businesses have begun to deliver the product to the discernible/demanding consumers of the day.

The unfolding manufacturing pattern is been well articulated and validated by a prominent trade observer, Jenny Holloway, CEO of Fashion Enter,“ The underlying objective is to guide showing creators, retailers, and buyers of the world undiscovered novel pathway/way forward in the fashion space of the day: the bright side being minimal stocks, print to demand and allowing consumers to pull sales rather than the retailers push the sales on to the end user are some of the pluses of the concept,”.

Keep the powder dry

Use cases; Because of the growth of the IT and logistical infrastructure, the bulk of our needs, such as food, shelter, transportation, etc., can now be met on demand. So traditional production is giving way to the on-demand approach.

The internet and cloud-based technology serve as the main enablers of manufacturing on demand.

With the aid of these technologies, manufacturing businesses may develop sophisticated online platforms that let customers submit models and get feedback on their designs that is automatically generated for manufacture along with very accurate prices.

Traditional Manufacturing

Complex logistical activities are a part of traditional manufacturing. A manufacturer must have a difficult and secure storage and inventory system after mass-producing a product. In addition, the products are distributed and marketed through an extensive sales network. Infrastructural support for transportation and logistics must also be provided, managed, and maintained by the manufacturer. All of these factors drive up manufacturing prices significantly.

Currently, the apparel/clothing sector is uniquely poised as it is made via on-demand apparel production to offer omni-channel to both wholesale (B2B) and direct-to-consumer markets (B2C). Even though this isn't the conventional approach (especially in direct-to-consumer B2C), numerous fashion brands have succeeded with it.

Many customer orders—whether wholesale or retail—require that things be manufactured "on-demand" rather than in advance. Orders are taken, on-demand production is started immediately, the products are distributed, dispatched, and inventory is updated across all channels.

Unfolding Trends

In a scenario where orders are received through various channels, such as b2b e-commerce, Shopify DTC, and even fashion department store e-commerce through EDI dropship, AIMS360 can collaborate with customers to complete the sewing and printing of t-shirts on demand. Once the customer order is received, the goods are promptly produced on demand, sent to the orders, and the inventory is updated across all channels. When the t-shirt is finished being produced, it is dispatched, and the system automatically completes the process.

Pros and cons

One benefit of manufacturing on demand (MOD) in the fashion industry is that it enables businesses to maintain low inventories. The drawback is that manufacturers are generating a lot of fashion styles and keeping them in storage until distribution, which is challenging for clothing/apparel manufacturers because it necessitates forecasting and holding inventory. Producing too many items that don't might waste wealth that could be put to better use elsewhere, encourage risky discounting, and exacerbate the problem of excess inventory. Discounting reduces profitability and erodes brand equity when merchandise is being sold off. It encourages price-conscious consumers to keep looking for less expensive solutions.

Latest Textile News

15 November 2022, Mumbai:

Given the enormous impact of the fashion and textile industry, the space needs to take prominence within the overall climate agenda @ COP27. The conversations and lots of noise occurred around issues e.g. amenable and secure work environments, industry's living wages, and circular trade systems & processes; unequivocally hammered the need for a holistic approach underscoring the criticality of actionable points leading to possible outcomes like a pursuit in direction of attaining a net positive industry/net zero emission mitigating GHG emissions for people and the mother planet.

Just to put it in quick context during fashion sector was not in the scheme of things in COP15 held way back in 2009 now in the broader scheme of things it is well onboarded for taking a holistic shot at climate change and its growing global concern.

Be part of the solution not part of the pollution

The elephant in the room remains consumerism, fast fashion, and the existing lifestyle adopted by the generation of the day.

Misguided and misplaced environmental priorities are only making plans to fail for the world's climate change. Yes, petrochemicals, the chemical byproducts obtained from petroleum processing, account for 63% of our textile fibers. This contains several different derivatives of polyester, acrylic, lycra or spandex, and elastane.

Then, manufacturers construct apparel/clothing to satisfy our shopping habits using cotton, one of the materials with the highest worldwide water use/water thirst, to meet 37% of that textile demand.

One of the biggest causes of pollution is petroleum, the main ingredient in synthetic products. Mining petroleum to supply a booming fashion industry is futile in a society striving to move away from using fossil fuels to provide energy.

Additionally, the manufacture of textiles increases the release of greenhouse gases like CO2. More CO2 was released into the environment in 2015 due to textile manufacture than from foreign aircraft and maritime shipping. Increased levels of climate change and global warming are indicators of the effects.

Fast fashion moves fast, so clothing fads come and go with astounding speed. The biggest challenge the world's climate facing today is," The textile industry is the second greatest polluter of local freshwater in the world and is culpable for roughly one-fifth of all industrial water pollution".

Aptly driven and steered by none other than environmental nonprofit Canopy, this commitment towards more sustainable, lower-carbon alternatives— is recognized as Next Generation Solutions.

About Global Fashion Agenda (GFA)

The non-profit organization that fosters industry collaboration on sustainability in fashion to accelerate impact - it chose to leave its indelible impact on the T&C/T&C industry by working out an agenda of being a part of it outlining priming the awareness and consciousness around this space construed to be one of the most polluting sectors in the industrialized world in the early part of the conference in Sharm El Sheikh.

Notably, the event was a confluence marking an indelible impression of cross-sectional global industry Veterans/Experts to address pressing topics needing crucial attention to the topics either where low/no attention has gone.

Just to place on record GFA had an envious line of speakers from a cross-section of speakers drawn globally from varied sectors to have divergent views/perspectives to give trade insightful inputs to write home the loud and message of the day: An envious list of nuanced thought leaders go like Anant Ahuja, Head of Organizational Development, SHAHI Export-India, Hendrik Alpen, Head of Sustainability Engagement, H&M Group, Federica Marchionni, CEO, GFA, Elisa Tonda, Chief, Resources, and Markets Branch at UNEP and Sophia Yang, Founder & Executive Director of Threading Change to name few sharing vision and enrichening trade insights of pooled knowledge resource as takeaways.

Again taking a cue from Federica Marchionni, CEO, of GFA, alluded @ COP27,“ World needs to definitively go beyond the empty words and walk the talk setting clear agenda, priorities and goalpost against concrete timeline & also aptly articulated by Biden telling Xi US and China should manage differences to prevent competition from becoming conflict".

COP27 & beyond

The article makes no qualms about the fact that shifting the spotlight is a right step in the right direction but is not a sufficient condition and there is still a long way to go in COP27.

As a solid outcome what comes as a great relief/takeaway of COP27, is prominent marquee organizations/entities making a heartening joint pledge heralding a solid intent to buy some over half a million tonnes of low-carbon, low-footprint alternative fibers for fashion textiles and paper packaging the list of involved players consist of H&M, Inditex, Stella McCartney, Ben & Jerry’s, HH Global, and Kering among others.

Latest Textile News

18 November 2022, Mumbai:

The overarching common thread of thought-provoking digital textile printing is a process involving vibrant, colorful designs coming in embossed form & shape on varied fabrics deploying digital ink-jet printing technology.

The article kicks into the trade discourse with the innovative solutions-oriented approach witnessed around digital textile printing fast being adopted in modern facilities in the printing industry trade landscape. The scope of this spans from equipment, screen printing equipment, stamping equipment and materials, printing paste, and heat press transfer.

Bird's eye view

Digital textile printing offers a practical approach that has encouraged several designers and manufacturers to opt for it over other printing technologies. Despite the proliferation of digital printing being sluggish compared to traditional forms of printing, it is gradually catching up with the introduction of novel technologies.

The demand for textile digital printing will thus increase in the forthcoming years with the changing dimensions of the textile industry.

Sharing the historical quick insights of this unfolding trendy emerging technologies of the day which precisely goes like this," Digital printing was for the very first time patented way back in 1968 and gathered momentum & acceptance in the 1990s.

Whilst, as a case in point in the year 2015 over here in Indian sub-continent/SouthAsia in textile/apparel space Beximco Group, Dhaka was an early mover and probably as a 1st user in Bangladesh too".

Whilst back home in India Surat, Gujarat has been a prolific adopter of this wonderful technology and know-how deploying Digital Printing on Fabrics for all commercial needs on a very broad-base, interestingly as the centre found the use case very sanguine and constructive over the conventional means.

There were an array of applications experienced in Surat such as Digital Printed Services, Sublimation printing on polyester fabric, Digital printing on natural fabrics, and what all the industry over there could think and imagine realistically.

Multiple use cases; direct-to-garment, home décor, design, screen printing, sustainability, and many more to this versatile modern-day wonderful discovery was the surprise element of this unfolding technique.

Best practices

In short, checking the resolution and color values are truly best practices that can make a meaningful impact on print results making an easy switch over conventional means to set aside the debate of changing the ethos of the work style and fixated mindset.

Exploring Growth Trajectories

The global digital textile printing market’s revenue is projected to expand at a compound annual growth rate of 16.3 percent during 2018-2027, according to a new report. Taking the lead will be the Asia Pacific region (excluding Japan), whose growth will be mainly attributed to contributions from emerging economies, such as India and China.

China is expected to be at the forefront, spearheading the growth, said the report titled ‘Digital Textile Printing Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027’ by Future Market Insights.

The China digital textile printing market has witnessed rapid growth in the past couple of decades. The APEJ region is characterized by a robust political, demographic, and economic ecosystem of the leading emerging economies

The Merits Of Digital Fabric Printing

Not horribly expensive technology.

Steady price correction across equipment & consumables besides falling prices for processes like plate making and proofing amongst others. Faster turnaround as it can certainly turn the conventional printing process heads on.

Facilitates and improves the cycle of orders by controlled upkeep. Cutting down amazingly the lead-time/debottlenecking the entire cycle of conceptualization/ideation to completion and resultant speedier order fulfillment fuelling superefficiency.

Incredibly it has moderated the sample production process cost structure, besides widening the scope.

What is another good bit is making methodology far easier for the given involved processes by revising/changing/modifying the artwork to exceed the customer expectations; these are some of the inbuilt features that help it overscore.

Compared to screen printing, these machines enable higher creativity in textile printing and provide superior design flexibility.

Designers nowadays prefer digital printing because of its cost-effectiveness.

Digital printing is eco-friendly and requires lesser physical inventory levels.

The digital machine consumes considerably less amount of energy, leading to very little textile waste.

What is Driving Digital Textile Transformation?

Stepping back into the history up until now roller printing technique was in vogue, followed by flatbed and rotary screen printing techniques gathered pace before the emergence of this next-generation Digital Textile swept the market across most of the textile industry applications and categories involving wide format printing and textile printing. Early days yet as it is still evolving every day to spring a positive surprise day in and day out.

Journey of traditional printing to cutting-edge 3D printing

The article is penciling in a prognosis based on the hard trade data points reflecting a very optimistic scenario whereby, it is projected to grow during the forecast period (2021-2028) clocking a CAGR of 10.1%.

Hopefully, the market will exhibit steady growth during the forecast period (2021-2028), albeit it doesn't come as a surprise given the depth and width of its acceptance across trade/Pan-India and is only finding new takers season in and season out.

Manufacturers are nowadays increasingly relying on digital textile printing to cater to the dynamic preferences of consumers.

However, the growth witnessed by the market in the future will be determined by the penetration of digital printing into commercial textile production.

Latest Textile News

16 November 2022, Mumbai:

The global cotton demand outlook continues to be benign in this recessionary environment and delving into how new cotton harvests are arriving in India and the High Plains of Texas does not augur well for the Cotton and Textile Sectors.

As things stand today

Recently Cotton Association of India (CAI) a prime mover, released its 2022-23 cotton supply and Indian demand prognosis and estimates on the back of global demand headwinds and the available trade data points," Cotton production in India during 2022-23 (October 2022 to September 2023) is estimated to be 34.4 million bales (170 Kgs/bale), while the total supply will be 38.78 million bales (170 Kgs/bale). The consumption is estimated to be about 30 million bales, which is lower than the previous year’s consumption".

Again trade estimates for the current year in the period of Oct. 2002-Sep. 2023, reflecting skeptical demand view especially with looming global recessionary concerns even if it is soft-landing in the US and the EU where hopefully it will not be a longer recession/slowdown in the economy yet Indian domestic consumption by spinners are expected to be lesser by 1.8 million bales vis-à-vis last cotton year, mirroring/echoing muted demand or not so optimistic scenario.

Trade bytes

Velmurugan Shanmugam, General Manager of Jayalakshmi Textiles, India avers," The cotton stock situation is stable and we continue to be sanguine on the sector alludes. Albeit, as like to-like comparison Yarn demand is not as great as what we witnessed during the corresponding previous year, given that daily cotton yarn production from June to October 2022 was just about 60% of its usual production levels speaking column of the prevailing weak demand.

Again the tenor of Gnanasekar Thiagarajan, Director of Mumbai-based commodity research firm, Commtrendz Research statement was,“ Currently product demand is pretty weak and, the US-China cotton ban has only compounded the problems of India's cotton yarn spinning industry on the back of Chinese tactical cheap offering leading to unintended & far-reaching consequences in the past couple of months".

Road ahead

There is a compelling need for cotton demand creation to explore new markets, innovation-led value-added production, cost efficiency, and deploying sustainable production best practices on the back of improved efficiency and productivity is the way forward.

Upside; Make no mistake given that cotton is a natural fiber always has a well-accepted story to tell regarding product sustainability in times when global climate concerns are rising.

Disclaimer: Though the evidence is very inconclusive as expectedly we are near the end of the interest rate hike given the moderation in the inflation lately, is only giving hope that demand for items like textiles will improve.

To play devil's advocate it does not come as a surprise to anyone that of late, the Government of India is beginning to come out with encouraging/supportive policies favouring MMF/synthetic sector to build capabilities and capabilities in response to its rising global sustainable demand tailwind.

(CREDITS: Dr. Seshadri Ramkumar, Ph.D., CText, FTI (UK), FTA [Honorary] (India), TAPPI Fellow (USA), Professor, Nonwovens & Advanced Materials Laboratory, Texas Tech University, Lubbock, TX, USA)

Latest Textile News

15 November 2022, Mumbai:

With a sizable raw materials base and textile manufacturing, India has one of the largest textile industries worldwide. Along with other essential industries, the manufacturing and trading of textiles play a significant role in our economy. The export of textiles and apparel accounts for about 27% of total foreign exchange earnings.

Textile industry overview

The textile and apparel industry (T&C) contributes about 14% of industrial production and 3% of the nation's GDP. The textile sector contributes about 8% of the total excise taxes collected. So much so that the textile industry is responsible for up to 21% of all employment created in the economy. The manufacturing of textiles directly employs about 35 million people. Another 60 million people could be used indirectly, including the workforce involved in trade and handling related to producing agriculturally based raw materials like cotton.

Trade Data points

India exported $41 billion of textiles in the calendar year 2021, with a CAGR of 2.7, a little above the average for the world. The domestic textile industry depends heavily on imported wool of the apparel/clothing grade. Because of this, the domestic economy is dependent on imports. India imports raw fleece from several nations. Turkey, China, New Zealand, and Australia make up the top four import markets.

From April 2016 to March 2021, Japan, Mauritius, Italy, and Belgium will have contributed the most foreign direct investment (FDI) to India's textile industry (including dyed and printed textiles). India's textile and apparel (T&A) exports, which include handicrafts, reached a record high of $44.4 billion in FY 2021–22, a significant rise of 41% and 26% over the corresponding amounts in FY 2020–21 and FY 2019–20, respectively.

Exports basket pie

Additionally, the $75 billion domestic consumption was broken down into $55 billion for apparel/garments, $15 billion for technical textiles, and $5 billion for home goods. At the same time, exports included $12 billion in garment exports, $4.8 billion in home textile exports, $4 billion in fabric exports, $3.8 billion in yarn exports, $1.8 billion in fiber exports, and $2 billion in other exports. The United States accounted for 27% of all exports, followed by the European Union (18%), Bangladesh (12%), and the United Arab Emirates (6%). In September 2022, RMG/apparel exported all textiles valued at $1020.78 million, accounting for 3.13% of the month's total exports.

Decoding Friend shoring/friendly geographies

From measures at the border, trade strategies are increasingly shifting to efforts behind the border. For instance, the Biden administration's trade program has increasingly focused on raising labor standards and addressing climate change.

US President Joe Biden late last year signed a law to ban cotton products, originating from China’s Xinjiang Uyghur Autonomous Region (China views it as a potent legitimate policy framework for countering terrorism and so-called extremism).

Similarly, trade policies are more frequently employed to achieve foreign policy objectives or address issues of national security. Contextualizing this topical issue making global headlines with the reference to Janet Yellen, the United States Secretary of the Treasury alluding very categorically last week while on her official visit to India last week “India’s membership in Indo-Pacific Economic Framework (IPEF), in conscious efforts to make our supply chains more resilient and reliant through what she called assiduously & unambiguously friend-shoring, are tightening those ties/bonds,”

However, there are specific issues with the idea of "friend-shoring." For instance, when the US and the EU emphasize their commercial relations with friends or critical geographic regions, many developing nations, especially the least developed ones (LDCs), may be excluded or further marginalized.

Others are concerned about the effects of friend-shoring and the growing weaponization of commerce on future trade liberalization, globalization, and the multilateral trading system.

Latest Textile News

17 November 2022, Mumbai:

People used to dress modestly and shield themselves from the elements, the sun, and insects. But unlike today, back then, people only used the tree of decency to cover their bodies from the rain; diverse fibrous materials were less widely employed. Instead, animals and birds covered themselves with leaves from various trees—apparel/clothing made from leaves, bark, and animal skin.

The fabric is created usable with the aid of many weaving techniques using the fiber of the tree, animal-bird lame, etc. Still, with the advancement of human cognition, the bark of the tree, the skin of the animal, etc., is discarded, and the fabric is made appropriate for use.

Ethos of Accessorization

People began to feel the need for accessories in addition to apparel. The accessories include jewelry, shoes, socks, and hair bows. Her style, taste, and preferences can all be expressed through her choice of fashion accessories. As civilization advanced, accessories were no longer just for requirements; they also played a significant part in improving the beauty of people.

Jewelry, purses, haircuts, and shoes are examples of fashion accessories that help to accentuate the wearer's physical attractiveness. Everybody's life requires some accessories. Everyone appears more stunning and glamorous as a result.

Without accessories, the development of the fashion business is impossible. So, there needs to be a comparison of the significance of fashion accessories in the fashion sector.

Demystifying Fashion Merchandising

The local economy currently relies heavily on the apparel/garment industry as a possible source of foreign currency. Because the garment business accounts for most of the nation's export earnings, fashion merchandising is crucial in this apparel market. Fashion merchandising is a broad category of actions that help move apparel, footwear, and accessories from the point of design to the consumer.

A fashion merchandising degree can be used to work as a fashion buyer, visual designer, trend forecaster, or store-based sales and service representative, among other positions.

A fashion merchandiser develops costume and accessory ideas while juggling the designer's functionality and original flair. Then he purchases new goods for their customers or merchants that market new product lines to industrial customers. Retailers then set up visible displays to grab clients' attention and engage in sales and service activities to aid customers in making the proper product selection.

From design to sales, merchandisers are involved in every step of the fashion merchandising process. Merchandisers use their knowledge of advertising and marketing with unique and creative copywriting.

Like the need for apparel/clothing is rising, fashion merchandising is crucial in regulating this desire. Standard tariffs include market trend analysis, cost control, sales control, revenue estimation, and textile selection. Many fashion merchandisers focus on floor displays and layout setup in retail environments or as sales and service reps.

There are currently numerous subfields of fashion merchandise. Different income sources are available for each job. Agents or store managers for fashion advertising can be fashion merchandisers. Currently, a career in fashion retailing is quite favorable. Bangladesh has made significant progress in the apparel/clothing business. Bangladesh has thus consistently created one or more textile companies creating a long runway.

Planning fashion events, developing fashion products, choosing a fashion store site, window-dressing, and fashion advertising are some of its other focuses to say in a lighter vein double clicking. The US Survey of Labor Statistics predicts that between 2008 and 2018, employment in fashion merchandising will increase by roughly 7%.

Additionally, according to the websites of fashion schools, the top career options for earning money in fashion merchandising are projected to be in marketing, sales, and advertising. Pay for fashion merchandising varies greatly depending on a person's region, abilities, and education.

Vitality of Accessories in the Fashion Industry

In summary, the motherhood statement is that it makes basic clothing versatile,“ Different strokes for different folks.

The limited point the article is making here is; a fashion accessory is construed to be a material/an item used to embellish, beautify, and accessorize so to say contributing, in a secondary fashion, to the end-user/wearer's ensemble/dress, this is a humble effort to complement an outfit and thus opted to definitively accentuate one's personality & looks”.

Latest Textile News

16 November 2022, Mumbai:

Thanks to new-age tech-enabled players who have entered India’s logistics arena, it is now easier for small- and medium-sized businesses to transport goods, and there is a drastic increase in the speed and efficiency with which parcels are delivered.

Rise of E-Commerce

India’s e-logistics sector has a compound annual growth rate of 35 percent. It is one of the largest and fastest-growing logistics markets globally. The number of e-commerce logistics shipments is expected to grow by four times in the next five years.

Shopping needs can frequently be driven more by convenience than brand loyalty. The overall online GMV is expected to increase 37 percent over last year to touch $49-52 billion. Growth will be mostly driven by the accelerated online adoption which has been witnessed as an effect of COVID. Secondly, Tier-II-plus cities and towns will continue to drive growth as they are 55-60 percent of the total shopper base this year, similar to or higher than 57 percent in 2020 festive days.

The e-commerce logistics sphere has contributed to the overall growth of India’s logistics sector and enabled the e-retail boom in India. The proliferation of smartphones and localization of the internet in non-English languages is drawing in new consumers from non-metro locations into the internet economy and creating a new demand for online commerce, thus paving the need for disruption in logistics.

The market thrives with the launch of super apps Driven by Gen Next entrepreneurs, the current D2C market in India is thriving with the launch of super apps by big companies like the Tata group and Reliance Group.

State of affairs

In India, e-invoicing and the goods and services tax have streamlined interior logistics, while businesses in the United States are reconsidering just-in-time inventory and looking for new incentives for shippers, truckers, and port workers to ensure the labour is available when it's needed. What in the World Is Going On with Global Logistics in Cotton?

Geopolitical tensions spur; No sector of the cotton & textile supply chain went through more chaos over the past two years than shipping and logistics, which continue to be plagued by a host of issues.

Though the situation on the ground is undergoing sea-change recently given the TOI report having culled data from Container xChange (An online container logistics platform of repute), comes as a big revelation that through the previous six months or so, trade has started to see the relief on the back of persistent downward trend in the containers prices as reported by country's key ports like Mundra and Nhava Sheva.
The report reflects on average Indian container prices witnessed a solid drop of 16% thereabouts in October YoY basis to $3,363, whilst more importantly, the drop experienced for the period January-October 2022 is still more encouraging for the businesses being in excess of say 22% to make businesses more competitive on this given count.

Governments all over the world are reviewing their countries' maritime shipping and logistics systems to remove bottlenecks and increase technology adoption.

Digital adoption

One point which is really under-discussed today is multiple payment options such as UPI, no-cost EMI, BNPL (buy now, pay later), etc. are further driving the adoption of digital commerce by more consumers, thereby creating a need for e-commerce logistics.

National Logistics Policy 2022 - Outlines

According to the commerce ministry communiqué," The National Logistics Policy formulated recently will improve India's trade competitiveness". The underlying objective of this policy intervention document/cost economization architecture is to fundamentally check & control the logistics cost making Indian businesses uncompetitive as an average cost business enterprise presently bearing 14% of GDP or thereabouts to bring it down to less than 10% in the coming 4-5 years which is already the case with competing rival nations.

Logi-Tech

According to one of McKinsey’s reports on this sector," On the back of the sudden rise of e-commerce as a fundamental tailwind of the pandemic which registered a growth upwards of 25 percent or so investors in the logistics industry have become more aware of the challenges, and the corresponding opportunities for growth, and are investing in new ventures with larger funding rounds".

Use cases; Multiple segments in the Indian logistics market are addressed by full-stack-tech-enabled logistics service providers. There is headroom for growth as tech-enabled logistics players venture into adjacent segments such as hyperlocal delivery, express delivery, trucking, and more.

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