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Being Human has come up with a range of quilted nylon jackets that are extremely functional and light weight and at the same time very fashionable with bright colour blocks and sporty tape details.

Lenzing, being the pioneer in the industry for sustainable fashion and innovations, the hub becomes a centre of innovation and excellence by building accessibility across its customers in India, bringing together Lenzing’s global expertise and network connections in the industry. The launch of this hub will build connections between the supply chain and brands looking to adapt sustainable practices that are need of the hour.

After serving the company for over 20 years as Chairman of the board, Stefan Persson has decided not to stand for re-election at the AGM on May 7, 2020, paving way for current CEO Karl-Johan Persson to succeed him in the role. The company’s board of directors has therefore appointed Helena Helmersson as the new CEO of H&M Hennes & Mauritz AB.

For Lenzing, India serves as a key market for exports as well as a huge domestic consumption. Lenzing has been present across all major apparel categories in India such as ethnic wear, intimate wear, general outerwear, denims and home furnishings.

The Telangana government and Shoppers Stop entered into a Memorandum of Understanding (MoU) in the presence of Industries Minister K.T. Rama Rao in Mumbai.

However, the euphoria was shortlived because in July 2019, Flipkart had announced that it had begun to slash a significant chunk of its marketing expenditure in Jabong and redirecting users towards Myntra by providing incentives.

Take us through the journey of Manyavar, highlighting the milestones.

Organised to discuss the upcoming trends in the Indian fashion retail world that is constantly having new global entrants and innovative products, the 20th IFF agenda includes presentations and panel discussions on the latest trends and insights in clothing segment, sustainable manufacturing, physical retail, apps and much more. ‘Athleisure’, growth of women’s wear, traditional wear, innovation and traceability were deliberated upon during the event.

Also, with the entry of e-tailing, social media and websites, blogs on vendors and service providers for anything related to a wedding, there are innumerable choices to consumers who are not restricted to their territory but have an entire globe of options at their doorstep.

Tell us about current standing of the ethnic wear market in India. What is the market size?

That Mumbai has been the ‘city of origin’ and ‘core inspiration’ of the brand is testament to its deep-rooted relationship with the city. The store’s interior design is defined by iconic visual elements that form the quintessential component of the city’s imagery. Recognized as the pioneer of fostering an alternative choice to the lifestyle, the brand has internalized the spirit of Mumbai by weaving vivid landmarks of the city into the overarching theme of the store.

While the wedding/festive season is principally between October and December, but with destination weddings becoming so popular nowadays, the occasion is getting wider and widely distributed in the calendar cycle. The market has been showing good growth and our work has been increasing year-on-year. We make over 40 percent of our business between these months –from October to December.

Groversons aims to provide triple layer protection from cold for which the polyfill is sandwiched between two layers to create cotton-polyfill cotton thermal fabric, made on Hi-Tech German machines to provide enhanced insulation. With soft brushed inner surface and quality sewing, the thermals absorb moisture from the skin, giving aesthetic appeal and making it irritation free.

KTR, as the minister is popularly known, gave an overview of the progressive industrial policies and also the single-window clearance system under TSiPASS. He also mentioned the industrial parks coming up in the textile sector in Telangana.

Preferred by a number of women during winter season as a means to protect against cold, the humble shawl is now transcending beyond its functional utility, becoming an integral part of the fashion accessory segment in India. And its not just the shawl anymore which is a prominent winter wear accessory. Its spin off s – the stole and the scarf are gaining in popularity as well.

As per the statement, the company, which clocked Rs 289 crore revenue in 2018-19, is eyeing 30 per cent growth in this financial year.

Tell us about your latest collections.

Gold imports are highly elastic to increase in import duty, just the way retail demand is to domestic prices of gold. If gold prices and import duty remain high for long, they can undo the gains made by organised retailers in recent years, which were driven by higher same-store sales and expansion of outlets.

Our new festive collection has aptly been named ‘Utsav’ and has been met with very warm response.

According to Siddharth Grover, Director, Groversons Group, change in the customers’ tastes for consumption of thermal wear products comes as no major surprise. “Over the years, the thermal wear dynamics have changed from just being able to beat the winter chill to making people look stylish fashionable while keeping them warm,” he said. “Currently, there is a 7 percent contribution of thermal wear in the overall sales. Over the years, contribution is increasing with consistent growth year on year.” Groversons offers thermal wear range under the brand, Winta.

Our idea was to bring Indian wear back to mainstream apparel wear, changing the perception of restricting Indian wear only to weddings. We have had proud moments when we created entirely new categories in ethnic wear like fusion wear.

Monte Carlo’s 2019-2020 collection features intricate knits and has been successful in garnering tremendous response from the channel partners too. “The collection this season encompasses very intricate knits. Detailed attention was paid while designing every single article. Various kinds of jacquards and structures have been used along with various kinds of blends and fancy yarn. Meanwhile while keeping the design aesthetic high, we have really worked on our price points,” says Jain.

Facts & Figures

“Consumers’ mindset is considered the major driver. With new trends and fashion flooding the market every year, mapping the consumer’s mind has been difficult but not impossible. Mass market penetration and advancement in product development are considered significant reasons for increasing growth of thermal wear market,” Grover feels.

Ahead of Mothercare’s demise at the end of 2019, the baby retailer was losing customers to competitors that offered greater choice and affordability, according to a survey by GlobalData, a leading data and analytics company.