25 October 2022, Mumbai:

Houmn has opened a store in Mumbai. The store has a spacious, bright interior and highlights Houmn’s printed textile throws, cushions, bed covers and sheets, and other home textiles. The store mixes natural wood shelves with white walls and an industrial-style ceiling to mirror its traditional meets modern aesthetic.

Houmn is a home textile and homeware brand. The brand’s products mix a traditional Indian aesthetic with items designed to fit in the modern home. Floral and geometric prints on fabrics add to a classic desi aesthetic and clean white background hues add a touch of contemporary simplicity. The new store is the brand’s second location in Mumbai.

Houmn also has stores in Bangalore and Gurugram as well as in New Delhi and Ahmedabad.

Home textile exporters have been facing a consistent decline in operating margins. Among the reasons for the decline in margins are the high and increasing raw material and logistic costs. The demand scenario has normalized and inflation is exerting pressure on consumer discretionary spending.

Slower-than-expected sales have resulted in higher-than-average inventory levels in recent months (June 2022 and July 2022).

Rising inflationary concerns, the resultant slowdown in consumer discretionary spending, uncertainty about the economic growth outlook, and cautious buying by retailers to manage inventories are affecting sales in key export markets.

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15 October 2022, Mumbai:

Raymond is experiencing growth both in domestic as well as in exports. The strategy is to create the best product at the best price at the best locations. The strategy is to deliver customer delight.

One of the country’s leading branded fabric manufacturers and fashion retailers went through a tough period during the pandemic and the resultant restrictions.

But after things opened up, it was able to improve its efficiency, which translated into good sales. Cost control initiatives helped improve overall performance. The company is looking forward to a good season ahead and is continuously focusing on product development. The shirting and suiting ranges are constantly evolving keeping customers in mind.

To attract new customers, new and younger-looking products are being launched, especially apparel. The ratio between physical and online stores won’t change much in the coming days. At present, more than 90 percent of Raymond stores are physical and will continue to be so in the near future.

The company has entered the edtech segment, seeing this as a very good social objective, and has been opening schools. The hope is to have some 40,000 students in these schools by the next financial year.

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06 October 2022, Mumbai:

Telangana, a state in India known for its unique textile crafts has been listed by Unesco.

These include Siddipet Gollabhama saris, Himru weaving and Gongadi sheep wool blankets. Unesco has listed the histories and legends behind the textiles, especially the strenuous efforts put in by weavers. A lot of effort has gone into identification and collating a representative sample of Indian textile crafts from across the country that merit special consideration. Siddipet Gollabhama saris have motifs are woven on the pallu (the loose end draped over the shoulder) and on the lower border but none on the upper border. The body of the sari is plain or has motifs. These saris are made of cotton. Another important feature of Gollabama saris is that the motifs are not woven on the loom but made entirely by hand.

Telangana has revised the intricate and near extinct Pitambari saris, Siddipet Gollabhamasarees, Teliarumal weaving, HIMRU weaving and Armoor silk saris. Now, the state is coming up with Ramappa saris to commemorate the Ramappa temple being recognized as an Unesco World Heritage Site.

Handmade textiles appear to be fast dwindling in the face of the demands of modernity. In this context, it is absolutely essential that handmade textiles are taken stock of, and that they are properly mapped in all their diversity.

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14 October 2022, Mumbai:

Donear has brought Lanificio Corleone to India.

This super fine fabric from Italy is crafted by intricate detailing and finished with a grandeur and flair that embodies the spirit of Italy. Woven from superfine Australian Merino Wool, and infused using the latest technologies, the fabrics are as bespoke as they are comfortable. The wool is spun to produce excellent quality yarn which yields fine Merino wool ranging from Super 120s, Super 130s and Super 140s in blends of WP 70/30, 50/50 and PW 55/45. Lanificio Corleone provides an unusual color palette and contrasting yet exquisite checks that add a fresh new appearance to any wardrobe.

Lanificio Corleone boasts of timeless designs crafted to match the unparalleled aesthetics of a man who knows what he wants. Though completely ageless, the designs are also trendsetting. Crafted with careful attention to detail and finished in a majestic style this brand captures the essence of Italy. Lanificio Corleone introduces India to the luxury couture of Italy.

Donear is known for being a trailblazer in the fabric industry. Donear’s aesthetics are neither defined by a single taste nor confined by a strict style. From championing simple, functional dressing to a more conceptual style statement, Donear has taken over the men’s fashion world by storm.

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04 October 2022, Mumbai:

T Rajkumar is chairman of the Confederation of Indian Textile Industry (CITI). Rakesh Mehra has been elected as deputy chairman. Ashwin Chandran is the vice chairman.

Rajkumar is the chairman of the Textile Sector Skill Council. He is a director at the National Skill Development Corporation and the former chairman of the Southern India Mills’ Association. He is also the chairman and managing Trustee of Global Pathway School, Coimbatore, and secretary of Nachimuthu Gounder Rukmani Ammal Charitable Trust, Pollachi, Tamil Nadu, apart from being actively involved in various industry bodies and educational institutions. He also serves as an independent director in Coimbatore Smart City.

Additionally, Rajkumar is a member of the Governing Council of Cotton Textiles Export Promotion Council and South India Textile Research Association, Coimbatore.

Rakesh Mehra is the chairman of Banswara Syntex. Since 2018, he has been the president of the Indian Spinners Association. He is the former chairman of the Synthetic and Rayon Textiles Export Promotion Council. Ashwin Chandran is the chairman and managing director of Precot Meridien. He is also a member of the Cotton Textiles Export Promotion Council.

The Confederation of Indian Textile Industry, a leading industry chamber for the textile and clothing sector, represents the entire textile value chain through its leading regional and industry associations and 18 major corporate members.

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