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Apparel 22-12-2023

Lacoste to open 50 standalone stores in 5 years

French casualwear giant Lacoste plans to open 50 standalone stores in India in the next five years.

The brand recently launched its first store Kerala at Kochi. Located at Prestige Group’s Forum Mall, Maradu, the store retails apparel and accessories, leather goods, watches, sunglasses, perfumes, footwear and underwear.

Founded in 1933 by French Tennis player Rene Lacoste and co-founder Andre Gillier, Lacoste, a French clothing brand, is the first brand in the world to feature its logo on its clothing items.

Foraying into the Indian market in 1993, Lacoste currently has approximately 40 stores across 17 cities in the country. Across the world, it has over 1,000 stores and 15,000 points of sales in 98 countries. The brand’s products are also available across 32 online stores.

Apparel 22-12-2023

Lacoste to open 50 standalone stores in 5 years

WHY India: Reimagining Fashion's Future

21 December 2023, Mumbai

From bustling exhibition halls to insightful talks, Intex Textile Conclave 2023 unveiled a captivating narrative for fashion's future. "Fibres of Fashion" set the stage: a shift from supply-driven markets to consumer-centric values, aesthetics, and functionalities.

Sanjay Chawla, DFU founder, emphasized: "It's now the fashion to fiber." Fashion must align with evolving choices, both beautiful and purposeful.

Delving into India's fiber landscape, experts explored blends, particularly polyester-cotton, as a response to soaring cotton prices. Statistical data proved their potential without compromising quality.

The future of fibers sparked a lively debate. Dr. Deepti Gupta emphasized the role of cutting-edge developments in addressing challenges posed by changing consumer demands and sustainability concerns.

From sportswear to activewear, a session unraveled the intricate dance of fusion and blends, revealing how different fibers create enhanced fabrics with luxurious feels and specialized performance properties.

Collaboration took center stage. DG & CEO of ATDC, Vijay Mathur, hailed the conclave as a platform for the entire textile value chain to voice concerns and facilitate collaboration.

Looking beyond fibers and fabrics, the second day explored AI's transformative power. Vedant Ahluwalia, MD of Dataviv, declared, "The time for textiles and fashion to embrace the AI revolution is now!"

In essence, the Intex Textile Conclave wove together insights, innovations, and aspirations for the future of fashion. From consumer-centric narratives to AI-powered revolutions, the discussions challenged and inspired, leaving participants with a renewed vision for the textiles of tomorrow.

This event stood as a testament to India's resilience and adaptability, setting the stage for a dynamic and transformative future in textiles and fashion, not just in India but beyond.

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Apparel 21-12-2023

Apparel Group India opens two new Victoria's Secret stores in South India

Apparel Group India has opened two Victoria’s Secret stores in South India. The first of these stores has been opened at the ‘Phoenix Mall of Asia’ in Bengaluru and the second at the Inorbit Mall in Hyderabad.

Both these stores offer specially curated products from the brand to cater to the distinctive tastes and cultural preferences of its South India customers. They introduce specific cuts, colors, and groundbreaking designs on some of the most trendy and iconic clothing styles. Both the stores have been designed to ensure a personalised and culturally attuned shopping experience to consumers.

The Bengaluru store offers a curated collection of Victoria's Secret's iconic bras, panties, and sleepwear across various collections, including the latest Dream Angels and Victoria's Secret PINK Wear Everywhere Bra lines. Victoria's Secret beauty products and accessories, featuring the newly launched Bare Rose collection, along with limited-edition holiday offerings like Bombshell Magic, are available at both the stores. .

Apparel Group’s expansion into South India signifies its commitment to offer a diverse range of global brands to consumers across the nation. Through such store openings, the company aims to enrich the shopping experience of its customers across the nation.

Apparel 16-12-2023

Apparel Group India opens two new Victoria's Secret stores in South India

SP Apparels acquires Young Brand, unveils bold growth strategies

SP Apparels is strategically broadening its market presence by acquiring Young Brand Apparels, a subsidiary of Bannari Amman Spinning Mills. Young Brand Apparels, a joint venture between Jacob Industries, Mexico’s Intimark, and Bannari Amman Spinning Mills, specializes in intimate wear brands and holds a substantial customer base in the US.

Spread over 26-acres, the company operates a 280,000 sq ft factory in Chennai’s outskirts, equipped with a state-of-the-art manufacturing facility featuring an air-conditioned production floor. As part of its growth strategy, SP Apparels plans to assume the leasehold rights of a garment unit in Palladam from Bannari Amman Spinning Mills. The company aims to acquire a 43-acre property in SIPCOT, Perundurai.

In line with its expansion initiatives, SP Apparels is placing significant emphasis on enhancing employee performance through the introduction of an Employee Stock Ownership Plan (ESOP scheme).

Apparel 11-12-2023

Shivanii launches new gender neutral collection

Apparel brand Shivanii has launched a new gender–neutral collection.
The ready-to-wear collection offers androgynous styles, neutral color palettes, inclusive sizes and diverse campaign. It promotes a more and accepting approach to personal style.
The changing reaction of retailers, media houses and e-tailors to evolving consumer attitudes towards gender –fluid fashion will fuel the growth of this segment in India, says Shivani Parkih, Founder, Shivanii.
The brand recently also launched its winter festive collection, Designed in a bold color palette of black and red, the collection mixes tailored pieces with sheer mesh and more fluid drapes. It offers sporty and formal garments for a modern, conceptual visual
A graduate form Istituto Marangoni, Milano, Parikh launched Shivanii with an aim to redefine the industry's norms regarding gender and aesthetics. The brand sells through its direct to customer e-commerce store with garments priced in the mid- to premium segment of the market.

Apparel 21-12-2023

Shivanii launches new gender neutral collection

Global ethnic wear market projected to touch $177.2 bn by 2031

15 December 2023, Mumbai

A recent report by Allied Market Research on ethnic wear highlights the segment will grow globally at 7.2 percent per annum from 2022 to 2031. Starting at $89.3 billion in 2021, it's predicted to reach $177.2 billion by 2031. Ethnic wear encompasses clothes that represent a specific culture or country, showcasing their traditions and style.

Steadfast
Stepping into the limelight on a global scale is Indian ethnic wear, not only capturing the imagination of fashion enthusiasts in India but also leaving an indelible mark in places like Singapore, Australia, Cambodia, Indonesia, Thailand, Japan, and the Philippines. What fuels this cross-cultural fashion fascination?

Firstly, the global Indian diaspora proudly uses these unique ensembles as a canvas to paint their cultural identity. And let's not overlook the popularity of Bollywood, renowned for its extravagant display of ethnic wear, ranging from refined elegance to unabashed opulence.
Globalization is a big player in this, with social media, easy travel, the fashion industry seeking new ideas, and people moving around the world all playing a part. This isn't just about clothes; it's a celebration of diverse cultures, shared through the beautiful language of traditional clothing.
Indian ethnic wear is in pole position worldwide
The global appeal of Indian ethnic wear doesn't just come from its diverse clothing options but also from the adaptability of these garments, making them suitable for fusion styles that cater to different communities.

India's varied regions contribute to this allure with a rich array of fabrics, patterns, and sustainable artisan techniques, promoting inclusivity in production.
Beyond Bollywood's influence, the popularity of Indian festivals like Navratri and Diwali worldwide is exposing people from different backgrounds to the charm of Indian attire. Currently, India's ethnic wear outshines that of other nations, with the closest competition coming from Southeast Asian countries.

The recognition of luxury fashion brands sourcing handcrafted work from India further elevates its value.

Sanguine outlook

This growth presents an opportunity for ethnic wear brands, though expanding internationally comes with challenges. However, a strategic approach, adaptation to local tastes, a strong brand presence, and efficient distribution are key factors for success.

Building a robust brand identity and investing in effective marketing efforts are crucial. Additionally, paying attention to logistics, gathering customer feedback, and adapting accordingly play pivotal roles. Establishing networks and partnerships also contribute to gaining credibility in new markets.
Ethnic wear growth leaves out work wear
While ethnic wear faces some resistance in corporate settings, with vibrant colors and intricate patterns often deemed unconventional in mainstream offices—exceptions being in creative and digital domains—it poses a limitation on the breadth of wardrobe choices.

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As professionals return to work, ethnic wear may find its place primarily in informal or celebratory settings, potentially impeding consistent growth in the predicted period.
Despite these challenges, market research from KBV suggests ethnic wear is on the rise, driven by the widespread adoption and accessibility of e-commerce platforms.

Transformative

The infusion of ethnic styles by emerging fashion designers, coupled with the surging popularity of ethnic fashion among millennials, has led to a transformative shift in the dynamics of the global ethnic wear market.
The support from social media and the booming e-commerce landscape has played a crucial role in this evolution, providing a platform for diverse ethnic fashion brands to reach and resonate with consumers worldwide.

As a result, the traditional boundaries that confined ethnic wear to certain occasions are gradually breaking down, paving the way for a more inclusive and versatile presence in the fashion landscape.

Apparel 15-12-2023

RMG exporters honored with AEPC excellence awards, textile leaders aim for $40 bn RMG exports

On December 8, 2023, Piyush Goyal, Union Minister for Textiles, Commerce and Industry, as well as the Minister of Consumer Affairs, Food, and Public Distribution, handed out 'AEPC Excellence Honors' on RMG exporters for both 2021-22 and 2022-23. This recognition acknowledged their exceptional contributions to fostering a distinctive export culture.
Shahi Exports clinched the prestigious Gold trophy for achieving the highest global exports in both 2021-22 and 2022-23, while Richa Global Exports secured the Silver trophy. Arvind, Ahmedabad, was honored with the Bronze medal.
A Sakthivel, Chairman of AEPC and President of FIEO, received recognition for his exemplary mentorship in the Indian apparel industry. Additionally, Deepak Seth, the Founder and Group Chairman of Pearl Global Industries, was honored as the Icon of the Indian Apparel Industry. During the event, Sakthivel emphasized the importance of industry focus on innovation, market expansion, diverse product offerings, sustainability, responsible business practices, collaborative partnerships, and customer empowerment.

Minister Goyal called upon industry leaders to collectively strive for expanding textile exports to $100 billion. He urged a significant growth in RMG exports, aiming to elevate them from $16 billion to $40 billion. Goyal emphasized the need for apparel exporters to prioritize sourcing local materials over relying on potentially unreliable foreign suppliers. He cautioned against the allure of low-cost substandard goods, urging industry leaders to support domestic availability.

Apparel 11-12-2023

RMG exporters honored with AEPC excellence awards, textile leaders aim for $40 bn RMG exports

Trouble in Fashion Paradise: Vietnam's T&A Exports Slashed

19 December 2023, Mumbai

Vietnam's Textile and Apparel (T&A) exports are set to plummet by over 9% this year, reaching $40 billion, largely due to the lingering impact of the COVID-19 pandemic and a glut of unsold clothing.

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Despite this contraction, Vietnam managed to reach 104 international markets with its T&A products.

U.S. remains the top buyer: The United States remains the dominant buyer, spending over $11 billion on Vietnamese T&A by September.
Diversification beyond China: Notably, Vietnam diversified its exports, with Japan ($3 billion), the EU ($2.9 billion), South Korea ($2.43 billion), Canada ($850 million), and even China ($830 million) all becoming significant destinations.
Jackets top the charts: Jackets were the most lucrative export, generating over $4.38 billion, followed by trousers ($3.85 billion) and shirts ($1.87 billion).

CREDITS: Vietnam Textile and Apparel Association (VITAS)

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Apparel 19-12-2023

Men's wear brand Kingdom of White debuts in Kochi

Kingdom of White, India's pioneering all-white men's apparel brand, recently inaugurated its newest menswear haven in Kochi, housed on the first floor of Lulu Mall.

This strategic move aims to foster a deeper connection with the city's dynamic shoppers. Vineet Haralalka, the brand's CEO, calling this expansion a pivotal moment for the brand.

The store boasts a diverse range, from ethnic and fusion to western wear, featuring premium linen, cotton garments, loungewear, Indie wear, and co-ord sets. The pricing, ranging from Rs 999 to Rs 3,499, ensures accessibility for all.

Established in 2021, Kingdom of White promotes white as a versatile expression for contemporary men, available both in physical stores and through their direct-to-customer e-commerce platform.

Apparel 14-12-2023

‘AEPC Excellence Honours’ unveiled: Piyush Goyal sets ambitious goals for Indian Apparel Exports

12 December 2023, Mumbai

In a significant move to acknowledge and celebrate the outstanding contributions of Indian apparel exporters, Union Minister for Textiles, Commerce and Industry, Piyush Goyal, presented the prestigious ‘AEPC Excellence Honours’ on December 8, 2023.

The awards, spanning the years 2021-22 and 2022-23, were bestowed upon RMG exporters for their exceptional role in shaping the country's modern export enterprises and fostering a distinctive Indian export culture.

Felicitation
The highlight of the event was Minister Goyal's call for a remarkable expansion of textile exports, aligning with Prime Minister Narendra Modi's vision of transforming India into a developed nation by 2047.

Proposing the '40 by 30' initiative, Goyal urged collective efforts to elevate RMG exports from the current $16 billion to $40 billion, heralding a potential game-changer for the textile industry's future.
Addressing industry leaders, Minister Goyal emphasized the government's commitment to promoting exports through measures such as free trade agreements and the promotion of brand India.

He urged apparel exporters to prioritize domestic raw material procurement over reliance on "opaque" foreign suppliers, cautioning against falling prey to "predatory pricing." Goyal stressed the need to strengthen the domestic supply chain to ensure the long-term health of the textile ecosystem.

Pursuit for excellence
Notably, Goyal commended the industry for its role in achieving a remarkable 55% growth in exports, totaling $776 billion in both merchandise and services over the last two years (2021-23).

The event kicked off with a Focus Group Discussion on the '40 by 30' theme, addressing topics such as enhancing competitiveness, industry-academia linkages, exploring new frontiers with MMF, and ensuring compliance and sustainability.

High powered
During the Power Group Discussion, AEPC Chairman Naren Goenka expressed confidence that the next decade would be India's in textiles exports, attributing this optimism to increased international interest in India following China's exit and regional instability in neighboring countries.

Advantage India

Goenka highlighted India's abundant raw material availability, positioning the country to cater to shorter lead times and remain resilient to global economic fluctuations.

Compelling engagement |
Despite the sector's successes, challenges were acknowledged, notably the issue of poor economies of scale in Indian apparel. The event also saw discussions on the PM MITRA initiative, aimed at addressing industry concerns related to scale, investment, and infrastructure, with a proposed park spanning 1000 acres.

That's the real story
The awards ceremony recognized top exporters, with Shahi Exports Pvt. Ltd. receiving the gold trophy for the highest global exports in 2021-22 and 2022-23, followed by Richa Global Exports Pvt. Ltd. and Arvind Limited.

Dr. A Sakthivel, Chairman, President FIEO, received the Mentor of the Indian Apparel Industry award, and Shri Deepak Seth, Founder and Group Chairman of Pearl Global Industries Limited, was honored as the Icon of the Indian Apparel Industry.
Chairman AEPC emphasized the need for innovation, market expansion, sustainability, strategic partnerships, and empowering the workforce to achieve the ambitious $40 billion RMG export target.

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Apparel 09-12-2023

Meher Apparels launches new men’s denim line

A prominent name in the fashion industry, Mehar Apparels has introduced its latest denims collection for men. Encompassing a diverse range of jeans for varying tastes, this collection redefines men’s fashion by blending style and comfort. Each of the denims in this collection is meticulously crafted to provide customers with the perfect fit.

Boasting vibrant colors including dual-tone brown, bluish-green, ice blue, mulberry, greenish gray, plum wide, etc, the collection offers a variety of styles such as cargo-style pockets jeans, patchwork jeans, and spray-painted jeans, exclusively appealing to the fashionable youth. Made with cotton, each of the denims uses less water, thus also being sustainable. The denims are a perfect blend of warmth and style, thus reflecting the inner persona of men.

Om Prakash Singh, HOD-Digital and E-Commerce, says the collection is proof of Meher Apparels’ dedication to creating clothes that combine fashion and functionality. An expression of the consumers’ individuality, the collection is being retailed through the brand’s e-commerce website.

Apparel 18-12-2023

Meher Apparels launches new men’s denim line

Despite Global Challenges, U.S. Retail Sales Poised for Holiday Surge

11 December 2023, Mumbai

Despite global economic woes impacting the fashion and retail sectors, U.S. retail sales are projected to rise 3-4% year-on-year in November and December 2023.

The National Retail Federation expects exceptional holiday spending, exceeding the pre-pandemic average.

While online sales continue to climb, physical store openings outpaced closures in 2022, further solidifying the strength of the U.S. retail landscape.

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Apparel 11-12-2023

Lestrange collaborates with Vaayu for world’s first lifecycle calculator

Menswear brand Lestrange has collaborated with tech startup Vaayu to launch the world’s first lifecycle calculator with live data insights to help consumers study the environmental impact of their fashion choices.

Called ‘Re Count,’ the calculator provides customers with information about latest fashion trends and fashion habits that can reduce emission per wear by up to 50 per cent. .

To operate this calculate, customers need to answer a set of questions that help assess their product selection choices and aftercare habits to extend a garment’s life, thus helping them decrease carbon footprint over the product’s entire lifetime.

The calculator also provides customers infographics and equivalencies to help visualize the impact of making small changes like modifying washing methods in their daily lives. The calculator allows them to explore different levers to see how adjustments such as wearing an item for longer between washes, reducing the washing temperature or holding on to it for an extended period of time can either increase or decrease the overall footprint of that garment.

Apparel 09-12-2023