14th October 2021, Mumbai:

With festivity upon us both back home & globally India’s clothing and textile exports witness increased demand, some global factors help our exporters see demand tailwind such as sanctions on China’s New River by the United States, the global China Plus One/ China credible alternate, United Kingdom and the EU, reduced production capacity, Power outage reported from China and Vietnam due and resurgence in COVID-19 cases from western & advanced nations, respectively.

Supportive factors pinching global leader China's rising coal prices China’s due to regulated supply, stringent emission standards (As China tends to usher in decarbonization glide path), and China facing unusually strong demand from the industry both from within & global market

A new wave of COVID-19 at major ports affecting Chinese exports continues to be a niggling global supply side constraint.

Furthermore, The US ban on cotton in the Xinjiang Uygur Autonomous Region is another plus favoring sustainable cotton demand from India.

Back home trade starts to see fundamental demand tailwind for India’s clothing and textile exports as we get into the global festive spirit.

Additionally, on the back of the fact, the fortunes for Exports of cotton and cotton products from India have turned the corner owing to the elevated international cotton prices v/s the prevalent prices of Indian cotton. 

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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13th October 2021, Mumbai:

United Nations Environment Programme (UNEP India) and the National Institute of Fashion Technology (NIFT) have teamed up to present a curative 'Elective course on Design Innovation for Sustainable Fashion' to students of this apex institute.

Just to put it in quick context," Up until now over 20 batches of this elective course are up & running across 17 NIFT campuses all over India".

It is imperative to state that, The textile industry unarguably is one of the largest global industries & is a large-sized global opportunity, with an estimated market size of roughly USD 3.3 trillion, amounting to some 2 per cent of the global GDP. Additionally being one of the largest job creators accounting for one in six people in the world working in this sector.

It is in furtherance to India consistently working on a host of initiatives on sustainability at different levels in the textiles sector per se. 

The joint statement unequivocally emphasises that "This profound collaborative initiative will help the (Textiles) Ministry to chart a mid-term roadmap for a sustainable textile hub in Surat for assisting sustainability and circularity in this sector".

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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12th October 2021, Mumbai:

Page Industries under the worthy stewardship of CEO and Executive Director VS Ganesh is the exclusive licensee of Jockey and Speedo in India. The brand has aggressive target plans to be a $1 billion (Rs 7,541 crore) company by 2026 pulling all the stops expanding across channels. 

It also has its heart at the right place & is about to put money where its mouth is. Has business plans to what it takes to be there, making significant strides in the given direction.

Towards this end brand is ramping & revving its online business, also continues to focus on requisite expansion, and has a deeper retail footprints/ presence in India all across ensuring the goal vision of the outfit.

It is noteworthy to put the backdrop in quick perspective regard to the company's financials; the year ended March 31, 2021 'Page Industries' reported robust sales of Rs 2,833 crore. 

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage

13th October 2021, Mumbai:

The Southern India Mills Association (SIMA), 'Committed to foster the growth of the textile industry in India, urged and seriously appealed to Prime Minister Narendra Modi to present an innovative 'Cotton Procurement and Trading Scheme for Cotton Corporation of India' for bringing price stability.

SIMA unequivocally stressed the feasibility of this reducing trade pressure point doing it by providing government funding to procure 10 to 15 percent of the cotton arriving in the open market during the season, also by strategic stockpiling to attain sanguine price stability.

Furthermore, the selling of cotton can be calibrated till the end of the season while also aiming to maintain historic stock for the following season.

Most importantly the Government is also sincerely prompting & motivating the production of organic cotton to protect the soil health and environment, besides to meet the fledgling demand of domestic and international markets, more so as India continues to be a frontrunner in the space of growing organic cotton.

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage

12th October 2021, Mumbai:

China's 'Fosun Fashion Group' announced on Monday its intention to now rebranding itself to 'Lanvin Group', building on its lineage, the credibility of celebrated labels, in the earnest to establish a world-class portfolio of lux brands. more importantly iconic French couture label Lanvin.

Fosun Fashion Group stable entails Italian luxury shoemaker Sergio Rossi and high-end tailor Caruso, Austrian hosiery and underwear specialist Wolford, and American womenswear brand St John Knits. Fosun Fashion Group is poised to exploit opportunities post Covid era to invest in luxury fashion brands to accelerate growth & consolidate its leadership status.

Group has its intention known in terms of how the latest funding round will be aiming at securing two new strategic investors, which shall include such as Japanese trading pioneer 'Itochu Corporation' alongside famed footwear manufacturer 'Stella International'.

Lanvin Group is set to leverage the brand aura, market expertise, retail footprint, and resources of the profound investors to give a fillip to help bolster the global supply chain, distribution capabilities in order to let corresponding synergies play out.

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage

14th October 2021, Mumbai:

Language Shoes introduces their all-new range of Loafers for men, offering the finest quality of genuine leather indulgence to men. Loafers are a must in everyone’s wardrobe, they are a match made in heaven for all your business casual attire. Language Shoes uses the finest quality genuine leather to ensure you revel in the experience of comfortable luxury.

There are several different styles to choose from Language Shoes, you will find Loafers made of genuine leather, Nappa leather, suede and there are exotic leather options such as Eel and Ostrich skin available as well.

These Loafers are versatile and are crafted in several exciting patterns that are sure to be your go-to for any occasion. Each Loafer has a picture-perfect design and a footbed that will ensure you are as comfortable as you can be. Make a statement with a classy pair of Loafers from Language Shoes.

These premium leather Loafers for men are all handmade and available in several colour options.

Explore the collection of Loafers for men from Language Shoes at its exclusive brand outlets at Nungambakkam, Chennai, VR Mall, Chennai, Express Avenue, Chennai and Sarath City Mall, Hyderabad. and in more than 200 multi-brand outlets across the country, at Viz., Metro Shoes, Mochi, Inc.5, Centro, Atesber, Regal Shoes. 

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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13th October 2021, Mumbai:

The state committed to taking UP's exports to Rs 3 lakh crore within the following five years, the state government has come out with actionable points which amongst other plans has zeroed in on apparel as a critical sector presenting an enormous scope for growth.

Earlier (PWC) PricewaterhouseCoopers at the behest of Invest UP, came out with strong observations that owing to differences in tariff regulations prevailing among competing nations, India in general and UP in particular, badly loses out to competing countries such as Bangladesh, Turkey, and Cambodias of the world.

The report has proposed numerous measures & steps recommending to enhance UP's presence in an industry where apparel exports are well within its existing resources & capabilities. On the back of the fact that facilitations like serious attempts to renegotiate trade deals with the USA UK, European Union, Canada, and Australia will only act as catalysts.

It is noteworthy here to mention Chief Minister Yogi Adityanath continues to cease growth opportunity and has unequivocally proposed improvement in UP's exports, "When many foreign companies are looking at shifting base out of China/ China Plus/ Credible alternate to China in Post Covid era, asserts Hon'ble CM it is a new reality". 

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage

12th October 2021, Mumbai:

The semblance is 'Future Group' and 'Amazon India' are at last poised to mull truce to giving way for a possible out-of-court settlement of a year-long bitterly fought regulatory stalemate over the proposed sale of Future Group (FRL) assets to Reliance Retail (RIL) as soon the Singapore arbitrator gives its initial rulings in this ongoing month, according to sources.

At this juncture, the ball is in The Singapore International Arbitration Centre (SIAC) court to convey whether BSE-listed Future Retail Ltd (FRL) should be a party to the arbitration?

Meanwhile, Future Group (FRL) had already asked the arbitration center to vacate its October 2020 stay. There is a great possibility of two sides beginning to look at negotiations for an attainable/ tenable out-of-court settlement of a never-ending type of time-drawn standoff.

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage

13th October 2021, Mumbai:

Reliance Retail is likely to be the new 'India Gap Franchisee' of the cult US fashion brand Gap Inc.

It is to mention here that Reliance has been in advanced talks with Gap lately and as per sources shall emerge as the worthy front-runner to stitch this coveted deal reportedly ahead of 'Myntra' which apparently was also interested in this American fashion apparel brand.

Apparently Reliance Retail will be able to extract a huge concession of manufacturing 100% of all Gap products to be sold in India compared to its arrangement of 70% it had with preceding franchisee partner 'Arvind Fashions'.

Industry sources indicate that Gap was seriously scouting for an India partner ever since it snapped its ties with Arvind Fashions. Arvind Fashions tried hard to justify Gap’s enterprise interest in India, even tried closing and downsizing retailer sizes before the eventuality struck.

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage

11th October 2021, Mumbai:

Global sports legendary brand Puma India has appointed Smita Balram as the head of corporate communications. Noteworthy is that her role & responsibility is to build & sharpen PUMA's communication strategy, and put in the right efforts driving the PR, imagery as per signature & underlying narrative for the brand.

“Smita will bring with her a treasure of vast and diverse hands-on expertise she enjoys in the field of media. Her known creative prowess, deep understanding, brilliant vision, and flair for strategic excellence coupled with her rightful background in business and lifestyle journalism is an added advantage she brings to the table to Puma India.”

She has expressed deep satisfaction having joined Puma India stating," She is looking forward ushering to enjoying, gainful and meaningful innings ahead.”

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage