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COVID 19: A growth opportunity for Indian online textile industry
Amidst all the disruption it has caused, COVID-19 has provided Indian textile industry with an opportunity to rid itself off its dependency on offline operations involving the wholesaler, semi wholesaler,... Read more
Second wave, curfews could hamper online fashion retailers recovery
Covid-19 has slowdown India’s apparel retail market once more. With malls and stores under lockdown in metros business is at its lowest this year. In fact, the scenario was different... Read more
Digitization smoothening workflows across Indian retail
The pandemic has transformed work patterns across all industries in India. No industry has remained unaffected by the crisis; more so the retail industry. Overnight, Indian retailers were forced to... Read more
Mall revenues to remain low despite rise in toplines: Crisil
Ratings agency Crisil expects malls revenues to remain lower than their pre-pandemic levels despite a healthy rise expected in their toplines this fiscal . The report states, shopping malls' revenue... Read more
CMAI’s appeal against shutting down garment factories in Maharashtra
The Clothing Manufacturers Association of India has appealed to the Maharashtra government not to hinder economic recovery by shutting down garment factories once more as it is the lifeline of... Read more
India’s yarn exports increase in February 2021 as fibre exports decline
In February 2021, India’s export of basic textiles comprising fibres, spun and filament yarns increased 24 per cent Y-o-Y to $822 million. As per a report by Textile Value Chain,... Read more
Recurrent lockdowns threaten apparel brands’ near term growth, profitability
Lockdowns continue to spell doom for clothing companies that witnessed business upsurge in January and February owing to ‘end of season sales’ and declining COVID cases. However, a report by... Read more
India’s Tier II, III beat Tier I cities in e-commerce growth: ICICI Securities
The growth of e-commerce volumes in Tier II and III cities in India is outpacing that in Tier-I cities, says an ICICI securities report. As per the report, in Q4... Read more
With 16% CAGR till 2024, an impressive future awaits casual wear in India
Not wishing to be governed by structures and definitions, the new generation is rewriting old rules of dressing. The generation is unpretentious in its clothing choices and prefers to dress... Read more
Data-focus helps Clovia optimize investments and control risks
One of India’s the premier lingerie brands, Clovia claims to have negligible rate of new product failure. The brand can launch new products with a high degree of confidence, affirms... Read more
