Formal online lottery betting platform

Sportswear maker adidas announced on Monday that it was closing two niche but flagship factories in Germany and the United States that use robots and 4D printing to make sneakers, shifting the manufacturing to cheaper Asian factories instead.

“Dressing for comfort has led to the evolvement of the concept of athleisure – a trendy extension of sportswear with a hint of function, comfort as well as style – all incorporated in one. Going by the present scenario, athleisure is the fastest growing segment across the fashion space, the segment is witnessing a growth rate of 20 to 25 percent annually. We will defi nitely see a bull run in the sportswear and activewear segment too as non-sport brands will also want to start targeting to this niche and creating opportunity for expansion,” reveals Sunishka Goenka, Founder, Myriad Activewear.

“Going by the market insights and opportunity, global brands find it extremely promising to be present in the Indian market, while the Indian players have leveled up their game to keep up with their international counterparts. Better fashion forecasting and more intense research on fabrics, which people prefer to wear, will further help Indian players survive,” says Jain.

Value for Money

We’re seeing two kinds of streetwear consumers — one, those who are fans of the OG (original) streetwear brands,

‘Fit and comfort’ of the product is considered to be the biggest USP of Wacoal. The brand has its own manufacturing units all over the world where it produces over 80 percent of their designs. It achieves high quality and high performance with the balanced mix of their own production units and research undertaken by Wacoal’s Human Science Research Centre. This is their biggest strength that differentiates them from other brands. Instead of pursuing glamor, it pursues excellent supportability with unique materials and designs based on the research and development.“We are all set to develop exclusive merchandise for the Indian market and plan to expand this in the coming years,” says Tomoyasu Ito, Representative Director, President and Corporate Officer of Wacoal Corp.

This launch is in association with the company’s CSR initiative ‘Proplanet’, a wing dedicated to making our mother Earth a better place to live in. The new range is one of the most exciting environmental innovations to be witnessed by the footwear industry,” reveals Singh.

“With an abundance of knowledge made available to consumers through social media, their affinity towards global trends has become a key growth driver for the segment. Added to the mix are aspiration and accessibility – the ease with which today’s consumers can shop across channels, including online stores has contributed considerably to the consumption of the category,” he further adds.

Fashion e-tailer High Street Essentials (HSE) – which runs FabAlley and Indya brands – is ramping up its offline presence and aims to have over 650 retail points including its own stores and shop-in-shops by March 2021.

Tanushri Biyani, Founder, Ceriz, hits the nail right on the head while attributing the rise in demand for accessories on the growing need among young urban customers to express their uniqueness. Elaborating on this, she explains, “Accessories are no longer need based purchases but give customers the opportunity to make a fashion statement. Young women of India have moved away from buying purely functional accessories to embrace the whole gamut of accessory possibilities’ wear mostly western apparel, which calls for a range of fashion accessories.”

Very soon, the brand will also be launching the technology where customers can be virtually styled. A virtual stylist will analyse their body and give them the detailed outfits required for any occasion.

Pepe Jeans entered into an agreement with Dollar Industries in 2017. When we started doing research and development, as a global brand we realised that the business model, focus and the DNA required in innerwear is extremely different for innerwear and apparel. It is very important that you tie-up with somebody who understands the nuances and who already has the DNA of a good innerwear brand. We went about looking in the market and met a lot of partners and finally shortlisted on Dollar Industries. Dollar Industries has manufacturing units in Kolkata, Tirupur, Delhi and Ludhiana, and it enjoys a 15 percent market share in the branded hosiery segment in India. Together, we will be investing Rs 70 – 75 crore into building this category to the next level.

FLFL is one of India’s largest integrated branded fashion companies and counts L Catterton, Premji Invest and Apollo Global Management as existing large stakeholders. With this investment by Blackstone, another globally marquee institutional name has been added to this list.

The brand is also in process of installing Virtual Reality Screens or Virtual Shopping Walls – which will enable consumers to browse through the entire product catalogue of the brand’s collection. Even if a particular size or colour is not available at the store, the customer can still make a selection and the store staff can check and have the required product delivered to the customer from another store or even order it online for the consumer. Currently, the brand has full inventory visibility available across a few stores and aim to implement it across all their brands for a more hassle free in-store shopping experience.3fabindia

Has streetwear clothing been able to revolutionise the western wear trend in the country?

To celebrate the opening, UNIQLO is offering a series of special promotions including a free tote bag to the first 200 shoppers on day of the launch and Rs 500 welcome coupon to every consumer who downloads the UNIQLO India app before December 06. This coupon can be availed at UNIQLO DLF CyberHub store from November 28 to December 06 at a minimum purchase of Rs 4,000.

“Custom tailoring has been an historical part of men’s western wear. Especially in India, it had been the norm, much before ready-to-wear clothing came in. Today, it still contributes substantially to the men’s western wear market in India. Personalisation is common in the formal wear, occasion wear and casual wear segments and in denims,” says Singh.

“Domestic players have to up their game when evaluating consumer preferences and insights and have a faster turnaround of their collections in order to gain the attention of style conscious Indians. Price points will inevitably be a major concern as more and more new brands enter, the customer will look for style and function in one at a specific price point. Another prominent development is the rise of private labels that are eating into the share of the already cluttered market,” states Shah.

Reliance Industries Ltd (RIL) on Wednesday said its arm Reliance Brands has increased its stake in Future101 Design by 2.5 per cent to 17.5 percent, according to a PTI report.Reliance Retail Ltd, the retail arm of Reliance Industries Ltd, on Monday began sending invites to Jio telecom users for registering on the new venture named JioMart

But he stressed that the two companies would continue to work together on soles for football shoes and 4D-printed soles.

Very soon, the brand will also be launching the technology where customers can be virtually styled. A virtual stylist will analyse their body and give them the detailed outfits required for any occasion.

Market Overview

Umashan Naidoo also stresses on the fact that digitisation has helped the fashion industry so much that it has become extremely easy for retailers to reach their target audience, attracting them with great photography and huge discounts.

Market Overview

Luv Parikh, Managing Director, Blackstone added: “This is our first investment in this sector. We look forward to being a value-added investor as FLFL and the Future Group continue to cater to the fashion needs of aspiring India.”