01 April 2022, Mumbai:

Raymond is negotiating with Denmark-based retail group Bestseller to sell its apparel brands ColorPlus and Park Avenue.

The brand is seeking a valuation of Rs 500 crore for ColorPlus which currently owns 90 standalone stores, apart from selling through other multi-brand outlets.

ALSO READ Apparel retailers Raymond, Snapdeal, Uniqlo restructure boards

For Park Avenue, Raymond is seeking over Rs 500 crore of valuation. Last year, Raymond laid-off more than 1,000 employees as the pandemic hit operations.

It has business interests from manufacturing, fast-moving consumer goods (FMCG), real estate and retail is a major part of the nearly century-old group founded in 1925.

Raymond's ready-to-wear business, ColorPlus, Park Avenue and casual clothing label Parx, are among the four power brands of the Mumbai-based Bestseller Group.

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Bestseller sells fashion and lifestyle products through more than 2,800 chain stores in 46 countries and 12,000 external multi-brand stores.

In India, the company sells five brands including Jack & Jones, Vero Moda, Only, Selected Homme and Produkt through 375 exclusive brand outlets and more than 1,200 shop-in-shops.

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29 March 2022, Mumbai:

The Karnataka government's initiative to distribute free bus passes to textile workers continues to be met with skepticism.

Since the plan began three months ago, less than 200 garment workers have benefited from it.

It's worth noting that the Bangalore Metropolitan Transport Corporation (BMTC) anticipated that it would help 3 lakh city employees operating in 800 factories. A standard non-AC monthly bus pass costs roughly Rs. 1,050, making it unaffordable for the bulk of garment workers. 

ALSO READ Why aren't women employees in Bengaluru receiving free bus passes

According to the policy, textile companies and the state government would each cover 40% of the cost of the pass, with the BMTC covering the remaining 20%.

Some textile companies in Bengaluru provide transportation for their employees, however the bulk of workers rely on vehicles or walk to work.

The industry leader, who is aware of the situation, feels that the Karnataka Labour Welfare Board's disinterest is the reason that just a few people are benefiting from the plan.

RELATED NEWS The Uttar Pradesh (U.P.) apparel industry takes a hit owing to the COVID-19 third wave

The board has assigned the job of identifying the beneficiaries to garment factory owners, according to Jayaram KR, legal counsel of the Garments and Textile Workers' Union.

It is their responsibility to visit the board and request passes. This is a significant disadvantage. He went on to say that the board should ask workers to apply and verify their credentials using Provident Fund, Aadhaar, and other papers.

Following the verification procedure, steps should be made to award garment employees with passes. V. Anbukumar, BMTC's MD, said he has written to the Labor Department to request that they take up the subject with the garment companies to raise awareness about the effort among garment employees.

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CREDITS: Apparel Resources.

28 March 2022, Mumbai:

The budget on Saturday had some good news for Gandhi Nagar in east Delhi.

It has a reputation for being among Asia’s biggest wholesale markets for readymade garments with a daily turnover of around Rs 100 crore. But it is also a poorly organised area with narrow congested lanes and a tottering infrastructure.

Delhi government proposes to redevelop this market into what it called a ‘grand garment hub”.

ALSO READ  The Delhi government plans to open 'Dilli Bazaar,' which would allow vendors to sell their wares online

The Gandhi Nagar market in east Delhi, which is the largest wholesale garments market, will be rebranded as ‘Grand Garment Hub’ in the field of readymade garments textile, Sisodia said.

A readymade garments market, Gandhi Nagar has a daily turnover of more than ₹100 crores and it generates 100,000 direct and nearly 200,000 indirect employment opportunities.

RELATED NEWS Dilli Bazaar to help traders sell products & services online

“The market requires legal recognition, infrastructure redevelopment, construction of new service centres and re-branding, marketing and re-positioning.

This project is expected to create more than 40,000 new employment opportunities in the next five years,” Sisodia said.

RELATED NEWS The Noida Apparel Export Cluster (NAEC): Demands policy intervention to check elevated cotton yarn prices & fabrics to promote apparel exports

A day after Deputy Chief Minister Manish Sisodia announced the development of the textile market in Gandhi Nagar as a "grand garment hub", traders at the Gandhi Nagar textile market said that the decision will generate more revenue and thousands of jobs in the city.

K K Balli, president of the Association of Wholesale Readymade Garment Dealers (Gandhi Nagar), said retailers and shopkeepers have been demanding the restructuring of the market for quite a long time as several structural flaws have prevented the growth of their businesses.

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CREDITS: TOI The Pioneer The Print HT (The news article has not been edited by DFU Publications staff).

31 March 2022, Mumbai:

Delta Apparel, Inc., a leading provider of activewear and lifestyle apparel products based in the United States, has announced the expansion of its digital print business through the installation and use of newly developed digital print technology designed to meet the market demands of its DTG2Go business unit's unique "digital first" offering.

In conjunction with Fanatics, a worldwide digital sports platform, DTG2Go has implemented this new technology in four of its current digital print facilities.

This digital production process, according to Delta, will allow custom orders to be produced, packaged, and shipped to the end consumer within 24 hours of receipt.

ALSO READ RedSeer report: Digital-first brands by 2030-$250 bn opportunity

"It has truly been a pleasure working alongside the Fanatics team to combine our prior experiences in systems, technology, and apparel to build an integrated process that meets the high quality and repeatability standards that Fanatics' passionate customer base demands," said Robert W. Humphreys, Chairman and CEO of Delta Apparel.

Humphreys went on to say that this new technology expanded Delta's capacity dramatically, helping the company to satisfy the strong demand for clothing from L.A. Rams fans following their recent Super Bowl triumph.

"As we prepare for future expansion with Fanatics, additional equipment will be deployed this quarter, considerably extending our entire digital print capacity."

"We are looking forward to a long-term partnership with Fanatics as they continue to service their markets with excellence," Humphreys stated after months of effort to establish this integrated approach.

RELATED NEWS Puma launches digitally-enabled store in Bengaluru

"The Polaris is the new north star of large volume direct-to-garment printing," said Danny Sweem, CEO of M & R Printing Equipment, Inc.

"We were extremely happy to demonstrate its remarkable throughput that offers a retail grade product worthy of Fanatics' standards."

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Delta and their DTG2Go team have been fantastic partners throughout the Polaris' development, and we look forward to furthering success together."

The business expects its DTG2Go on-demand digital print services to continue to grow.

As a result, DTG2Go is adding printers and dryers to its digital equipment fleet and continues to invest in front-end technologies.

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CREDITS: Business Wire & Apparel Resources.

26 March 2022, Mumbai:

Showcased at the recent FDCI X LFW event, the men’s and womenswear collection by JJV by JJ Valaya titled ‘Rumeli- The Summer Story’ has been made with sustainable Tencel textiles for a bold effect.

JJV is the new bridge-to-luxury brand by designer JJ Valaya whose new collection featured monochrome, graphic prints, and sleek silhouettes.

ALSO READ FDCI X Lakme Fashion Week + KVIC: Kangana Ranaut, showstopper

For women, leather-look obi-style belts, the brand’s signature belted sarees, and oversized animal print gave a slight resort feel. For the men, sharply tailored fusion-style suits paired with printed turbans had a bold effect.

RELATED NEWS FDCI X Lakme Fashion Week: All-Plus size brand to showcase

The first physical edition of FDCI x Lakmé Fashion Week takes place at the Major Dhyan Chand National Stadium at India Gate in New Delhi from March 23 to March 27.

The runway shows are broadcast live on the organisers’ respective websites and social media accounts this season and designers can retail their wares at the fashion week’s designer showroom segment. 

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31 March 2022, Mumbai:

Clothing retailers affiliated with the Japan Chain Stores Association (JCSA) saw a significant drop in sales income in February '22, both Y-o-Y and M-o-M.

According to JCSA's latest statistics, clothing retail revenues totaled 40,767.97 million yen (US $ 330 million) in February, down from 58,553.32 million yen (US $ 506.82 million) in January, a 30.40 percent monthly reduction and a 9.10 percent annual loss.

In February of this year, revenues from womenswear items totaled 10,433.24 million yen (US $ 84.46 million), down from 14,643.73 million yen (US $ 126.75 million) in January of this year.

ALSO READ Retail sales in Canada rebounded in Jan 2022

On a monthly basis, income from women's clothes declined by 28.80%. In February of this year, sales of menswear items were 7,559 million yen, down from 11,555.91 million yen (US $ 100 million) in January and a 34.60 percent monthly decrease.

All other categories of clothes, including children's wear, grew by 3.50 percent year over year while declining by roughly 19 percent on a monthly basis.

RELATED NEWS Uniqlo parent Fast Retailing sees profit rise this fiscal year

In February of this year, revenues in this category totaled 22,775.74 million yen (US $ 184.37 million), down from 32,353.52 million yen (US $ 280 million) the previous month.

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CREDITS: Apparel Resources.

28 March 2022, Mumbai:

YKK has announced that WaveOn is joining its network of software partners supporting YKK’s Touchlink® fasteners enabled with Near Field Communication (NFC) technology. California based WaveOn is a software service provider that connects brands and consumers via products. Utilizing NFC technology, WaveOn helps brands turn physical products into rich interactive customer experiences. 

ALSO READ YKK Announces New Collection of Recycled Zippers

By joining YKK’s software partner network for Touchlink fasteners, WaveOn looks to combine its award-winning software with the Touchlink fastener hardware to help brands create unique consumer engagements. Requiring no app or search engine, consumers can access customized experiences with a wave of their smartphone to the Touchlink zipper puller. 

RELATED NEWS YKK(R) Touchlink™ Fastener to be Featured Across ARTILECT’s F/W 2022 Collection

WaveOn plans to promote YKK’s Touchlink fastener hardware solution to brand customers as a digital access point that can be designed into their products. By using YKK® zippers with Touchlink zipper pullers, brands can easily add digital connectivity to their products without having to alter their designs.  

“The WaveOn platform ultimately connects consumers to digital and Web3 experiences through their physical products,” said Jurgen Schmerler, CEO of WaveOn. “YKK’s expertise helps us bring that platform to life in a wide variety of products and simplifies the embedding process for our brand partners.” 

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26 March 2022, Mumbai:

ReshaMandi, India's first and largest digital ecosystem for natural fibre supply chain, starting from farm to retail announces the grand opening of their store ReshaWeaves at Nehru Place, New Delhi.

ALSO READ Kankatala Sarees launches new lehenga collection

The NCR-based store will showcase an exquisite range of natural fabrics including - high-quality silks, cotton, viscose, hemp and banana fabrics sourced straight from weavers across the country.

ReshaMandi, India's first and largest digital ecosystem for natural fibre supply chain, starting from farm to retail announces the grand opening of their store ReshaWeaves at Nehru Place, New Delhi.

RELATED NEWS Myntra organizes 2nd edition of 'Kurta and Saree Festival'

The NCR-based store will showcase an exquisite range of natural fabrics including - high-quality silks, cotton, viscose, hemp and banana fabrics sourced straight from weavers across the country.

The company has recently also ventured into D2C with its e-commerce platform ReshaWeaves that caters to end consumers, bringing them exquisite sarees from different parts of India.

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CREDITS: Business Standard Indian Retailer The Print (The news article has not been edited by DFU Publications staff).

30 March 2022, Mumbai:

Garments Machinery Manufacturers & Suppliers Association (GMMSA)

The main aim of the Association is to provide a broad platform to Machinery Manufacturers & Suppliers, an interface between Govt., Business, Academia, Society, and all stakeholders.

ABOUT GMMSA EXPO

The GMMSA EXPO INDIA is an initiative by the Garments Machinery Manufacturers & Suppliers Association (Regd.) Ludhiana, creating opportunities for Investments, Joint Ventures and Technology Transfers through the platform of International Exhibitions and Conferences. The Association is an interface between Government, Business, Academia, Society Media, etc.

ALSO READ Prime Minister, Narendra Modi: Ludhiana (Punjab) would emerge as a textile center

It aims to provide ease of doing business by providing an opportunity to showcase the latest technology to the industry at its doorstep thereby helping entrepreneurs make Ludhiana a hub of garment manufacturing on a national scale.

The four-day expo by Garments Machinery Manufacturers & Suppliers Association (GMMSA) concluded successfully on Monday at Dana Mandi, Bahadurke Road Ludhiana.

RELATED NEWS Ludhiana MSME Association: Apparel Sector seeks tech upgrade from the next Punjab government

According to the organisers, Ram Krishan, chairman & Narinder Kumar, president of GMMSA the expo attracted overwhelming crowds and a large number of meaningful enquiries were received by the exhibitors besides on-spot net business transacted.

During the expo, 2,000 products of about 250 brands were reported to have been showcased.

RELATED NEWS GMMSA Expo India to happen on 23 - 26 Jan 2022, Ludhiana (India)

The trade fair is all about machinery-related to knitting, weaving, dyeing, finishing, embroidery, printing and sewing machines, allied machines, and accessories.

Thus it definitely paved the way for future business besides forging concrete dealings of both machinery dealers and their buyers.”

This year’s expo was against the backdrop of optimism as the economy is recovering smartly from the shadow of COVID19.

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28 March 2022, Mumbai:

Innerwear brand Bodycare Creations will be the official sponsor for Punjab Kings for the ongoing season of the Indian Premier League (IPL).

Bodycare Creations will have branding rights and promotional activities throughout the IPL 2022-2023 cricketing season.

ALSO READ Myntra partners IPL teams as their official fashion partner

With this association, Bodycare aims to strengthen its customer base and bank on the popularity of the league to drive its sales.

Sanjay Dawar, Managing Director, Bodycare Creations says, with this exciting association, we are ready to bat along with the Kings, helping each other to garner the maximum visibility and viewership for both the brand.” Satish Menon CEO, Punjab Kings, adds, the partnership reaffirms our belief that interest levels will continue to rise.

RELATED NEWS Bodycare Creations: Official Partners Of 'Punjab Kings'

Their support is our strength as we aim to excel on the field. Bodycare is a leading manufacturer and supplier of apparel in India with a strong presence in kids innerwear, infant wear, and thermals.

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CREDITS: Fashion Network report.

26 March 2022, Mumbai:

FDCI X Lakme Fashion Week 2022

FDCI x Lakme Fashion Week has returned in a fully physical format from 23rd to 27th March 2022 at Major Dhyan Chand National Stadium in a grand style. It is seen an array of iconic fashion designers from India as well as a few exciting collaborations.

The early-2000s style is coming back with a vengeance and Outhouse's collection at FDCI x Lakmé Fashion Week 2022 was proof of that.

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Khadi and Village Industries Commission (KVIC)

The KVIC is charged with the planning, promotion, organisation, and implementation of programs for the development of Khadi and other village industries in the rural areas in coordination with other agencies engaged in rural development wherever necessary.

Kangana Ranaut's magic has worked as ever having and it is no-brainer that she was an absolute stunner in the Khadi range & was an incredible showstopper for the FDCI Khadi presentation at FDCI x Lakmé Fashion Week.

RELATED NEWS FDCI X Lakme Fashion Week: All-Plus size brand to showcase

*Promotion and reinvention of khadi have been the focus of many fashion showcases over the years, and once again, khadi took the centre stage at the ongoing FDCI X Lakme Fashion Week.

Khadi and Village Industries Commission (KVIC) and the Fashion Design Council of India (FDCI) collaborated for a fashion show, where a group of designers presented their collection. Participating designers were France’s Mossi Traoré, Abhishek Gupta Benares, Anavila Misra, Anju Modi, Charu Parashar, and Rina Dhaka.

RELATED NEWS Suneet Verma to unveil collection at FDCI X Lakme Fashion Week

Sunil Sethi, Chairman, FDCI, said, “I think cooperation, collaboration, alliance have emerged as the keywords to focus on during the pandemic.

It is great to join hands with KVIC and work with our designers for the promotion of khadi. With this showcase, we aim to bring to the fore khadi’s true potential and promote it at global platforms.” 

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CREDITS:TOI.