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Source Fashion 2025

Source Fashion, Europe’s leading responsible sourcing show, is excited to announce the inclusion of an Egyptian Pavilion at its upcoming event, taking place from 18th–20th February 2025 at Olympia London.

With over 20 Egyptian companies confirmed to participate, this showcase highlights the exceptional quality, craftsmanship, and sustainability practices of Egyptian manufacturers, offering UK and European buyers an unparalleled opportunity to source responsibly.

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The Egyptian Pavilion aims to highlight the unique advantages of working with Egyptian manufacturers, including high-quality craftsmanship and decades of expertise in textiles, tailoring, and garment production.

With competitive operational costs without compromising quality, and reduced lead times with faster shipping times to Europe, Egyptian manufacturers are a cost-effective sourcing alternative.

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Improved ethical standards mean many Egyptian factories adhere to international labour and sustainability standards such as BSCI, WRAP, and OEKO-TEX certifications, while favourable trade agreements and reduced tariffs from trade pacts with Europe (EU-Egypt Association Agreement), Africa (COMESA), and the Middle East make Egyptian-sourced goods more affordable and competitive in global markets.

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Suzanne Ellingham, Event Director of Source Fashion says, “Egypt is the latest hotspot for sourcing due to proximity and price factors. We are delighted to bring together a pavilion of Egyptian manufacturers that offer a unique blend of tradition, innovation, and sustainability to the table.

The Egyptian Pavilion is a testament to Source Fashion’s commitment to connecting buyers with responsibly audited suppliers from regions that are setting the standard for the future of sourcing.”

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Icra forecasts 15% revenue increase for fashion retailers in FY25

Fashion retailers are projected to achieve revenue growth of up to 15 per cent in FY25, driven by network expansion, according to Icra. Despite facing inflationary pressures, the sector maintains a stable outlook, with operating profit margins expected to range between 13-14 per cent.
Icra reports that the anticipated revenue growth is bolstered by the festive season and new store openings. The ratings agency also notes a potential for marginal sales growth in Q2 FY25, especially as the festive season transitions into Q3.
After experiencing a slowdown in demand since Q4 FY23, fashion retailers in Icra's sample set reported an 18 per cent year-on-year sales growth in Q1 FY25, primarily due to expanding store networks and new product launches. However, the premium segment faced a 3 per cent contraction in average sales per square foot during the June quarter, while value fashion segments have recovered to pre-pandemic levels.
Despite flat margins year-on-year, attributed to rising advertising and promotional expenses, retailers have minimized discount levels since Q2 FY24 to protect gross margins. Sakshi Suneja, Vice President & Sector Head at Icra, highlighted that retailers are increasing spending on advertisements and promotions, particularly with the festive season approaching.

Icra forecasts 15% revenue increase for fashion retailers in FY25

M&S to showcase Autumn Collection at Lakme Fashion Week X FDCI

For the first time ever, British retailer, Marks & Spencer, (M&S) plans to participate in one of India’s most coveted events, Lakmē Fashion Week X FDCI.

At this event, Marks & Spencer will showcase its Autumn collection on Oct 11, 2024, embodying the brand’s perfect blend of style, quality and comfort.

A perfect blend of modern trends with elegance, the curated collection will offer easy-to-wear pieces. Designed to elevate any wardrobe, the range will include everything from cosy knitwear, sophisticated outerwear to versatile casual wear.

Anna Braithwaite, M&S Clothing and Home Marketing Director, says, embracing the ‘Big Autumn Energy, the autumn collection channels a larger than life image of the customer as he prepares to take on the new season with confidence and style. The collection offers wide range spanning from seasonal essentials like denim, knitwear and outerwear, to key style pieces like the blue velvet suit.

The brand’s campaign to endorse this collection features Dominican model Lineisy Montero and is bold and playful in nature.

M&S to showcase Autumn Collection at Lakme Fashion Week X FDCI

US Polo Assn partners with Zepto for quick fashion delivery

In a significant development for the quick-commerce sector, US Polo Assn (USPA), the official brand of the United States Polo Association, has partnered with Zepto, India's fastest-growing consumer internet platform known for its 10-minute delivery service. This collaboration introduces USPA's exclusive collection to Zepto's platform, marking its expansion into premium apparel and fashion.
Aadit Palicha, co-founder and CEO of Zepto, expressed enthusiasm for the partnership, highlighting that USPA represents premium quality and timeless style. He emphasized that this collaboration is a pivotal moment as Zepto expands into the fashion and lifestyle sector, aiming to provide greater convenience to fashion shoppers across India.
Shailesh Chaturvedi, MD & CEO of Arvind Fashions Limited, echoed this sentiment, emphasizing the blend of USPA's sporty style with Zepto's rapid delivery. He noted that this partnership offers a new level of accessibility and convenience for modern consumers.
USPA’s curated collection is now available on Zepto, featuring timeless apparel like classic polo shirts and casualwear. This initiative represents a significant evolution in quick-commerce, allowing Zepto users to access premium fashion alongside essentials.
Whether ordering a polo shirt before an event or casualwear for an outing, customers can enjoy the unmatched convenience of fast delivery without compromising on style. This partnership not only enhances Zepto's offerings but also sets a new trend in the intersection of fashion and quick commerce.

US Polo Assn partners with Zepto for quick fashion delivery

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