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Indian Garage Co. Launches FreeHand

19 August 2023, Mumbai

The Indian Garage Co., a leading Indian D2C fast-fashion brand, has launched FreeHand, an exclusive women's fast fashion brand.

Outreach

FreeHand aims to provide affordable and chic clothing choices to women across India, with a particular focus on tier 2 and 3 cities.

The FreeHand collection encompasses various fast-fashion casual wear, including dresses, tops, skirts, trousers, and accessories. It aims to strike a harmonious equilibrium between quality, affordability, accessibility, and style.

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IndianGarage

Ballari Jeans: Facing an ‘Existential Crisis’

07 August 2023, Mumbai

In Old Ballari city's bustling lanes, laborers craft iconic jeans, but the once-thriving industry faces an existential crisis. Formerly India's second-largest jeans manufacturer, Ballari jeans now lag behind Gujarat's due to state support and modern infrastructure.

Lack of government support

Availability dwindles as Gujarat offers extended retailer credit, cementing market advantage. Ballari's plea for aid emphasizes urgent infrastructural enhancement for raw material procurement and product dispatch.

Potential job provider

They seek loans, subsidies, and export platforms. The looming risk of industry demise signifies both local and national losses, given their durable, quality reputation.

With a century-old legacy, Ballari jeans employ 45,000 people, renowned for ruggedness and affordability. Gujarat's recent garment sector strides and superior technology amplify Ballari's struggle.

Timely intervention is critical

Government aid is vital to survival, offering upliftment, financial support, power-loom subsidies, and export platforms. Ballari's jeans fate is uncertain, but timely intervention could reinvigorate this legacy, securing heritage and national pride.

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Jeanswear

R&B unveils 11th store in Ahmedabad's Palladium Mall

09 August 2023, Mumbai

Rare and Basics (R&B), a retail fashion brand under Apparel Group, inaugurated its newest store at Palladium Mall, Thaltej, Ahmedabad, Gujarat, marking its 11th outlet in India.

The brand's 10th store was launched at Calicut's HiLite Mall. R&B, introduced in 2012 at Oman's Muscat Grand Mall, operates across seven countries, managing around 70 stores.

Array

The name R&B signifies a blend of "Rare" for fast fashion and "Basics" for timeless products.

R&B stores encompass sections for kids, women, men, lingerie, footwear, accessories, and impulse purchases. India locations include Hyderabad, Bengaluru, and Telangana.

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R&BFashion

Indore garment industry optimist for festive sales

03 August 2023, Mumbai

With the festive season approaching, garment manufacturers in Indore are anticipating a surge in sales for ready-made garments.

Hope & optimism

Prominent manufacturer of kids' wear are mentioning that bulk orders have already been placed with mills, and the sampling of festive clothes is complete. This season, co-ords set for women, kids, and imported fabrics are in high demand.

The readymade complex in Indore houses around 1,000 small and medium-sized garment manufacturers.

Enquiries pick up ahead of Rakshabandhan

The festive season is set to kick off with Rakshabandhan falling on August 30, according to traders. Manufacturers have observed a positive initial trend in demand from retailers, showing potential for more than a 10% increase.

However, they are cautious and acknowledge that the market sentiment will be influenced by the weather, particularly the rains and crop output.

Retailers expects delivery in the last week of August. While they are optimistic about better sales, the ultimate market trend will be heavily influenced by the performance of the monsoon.

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RetailSpace

Indian western wear market to reach $6B by 2032

Anticipated to expand at a CAGR of 7.6%, the Indian western wear market is poised to surge from $2.5 billion in 2021 to $6.0 billion by 2032.

Growth drivers

Driving this growth are factors like increased disposable income, urbanization, and Western cultural influence. The market is categorized by gender (men and women), style (casual and formal), and distribution (online and offline).

Projections indicate that the online segment will exhibit the highest CAGR during the forecast period.

Key market players include Aditya Birla Fashion and Retail Limited, Chemistry, H&M Hennes & Mauritz AB, Forever21 Inc., Inditex SA, Mango, Shoppers Stop Ltd., Benetton Group, Vero Moda, and Westside.

Indian western wear market to reach $6B by 2032

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