Apparel February 2019

 

Embed or link this publication

Description

Apparel February 2019

Popular Pages


p. 1

Follow us on www.facebook.com/cmaiapparel VOL. 39 - ISSUE 2 FEBRUARY 2019 Easing the Burden! A Look at the Government Initiatives for MSMEs Style Check – 2019 Predicting the Apparel Trends that will Rule the Year WLAOHITOEHAKDHINOGPE OFFICIAL MAGAZINE OF THE CLOTHING MANUFACTURERS ASSOCIATION OF INDIA

[close]

p. 2



[close]

p. 3



[close]

p. 4



[close]

p. 5



[close]

p. 6



[close]

p. 7



[close]

p. 8



[close]

p. 9



[close]

p. 10



[close]

p. 11



[close]

p. 12

FROM THE PRESIDENT’S DESK Dear Friends, I did mention in my last Editorial that subject to fine print and pressure being brought on the Government, the recent announcements on E-Commerce regulations could prove to be game changers—and whilst there has not been any backtracking as such, some of the subsequent ‘clarifications’ issued on Private Labels have only added to the confusion. Finally, no one is really sure, including the experts, as to what exactly the announcements were meant to convey. Till such time, the e-commerce companies continue their massive discounting, and so do the offline retailers, in a futile effort to keep pace. The last few months have seen some major restructuring in the e-commerce space, leaving Amazon and Flipkart as the two real biggies in the field. I am seeing similar mergers and acquisitions happening in the Domestic Industry Brands and Retail space also. It is ironical, but as much as the market is expanding, and as much as the unorganised sector is slowly converting to be part of the Organised sector, the bottom line is nowhere near impressive. It is becoming a tough environment to operate in, and only the players with deep resources will be able to survive in the coming years. Meanwhile, this year’s EOSS has not really gone well for most players. In spite of preponing the start of the EOSS to almost mid-December, sales have petered out in 2 or 3 weeks, and I think many Brands are going to be saddled with huge inventories by the end of January. With elections round the corner, I have my doubts about how well the Summer season is likely to pan out. I feel we are heading for a hot and uncomfortable summer! As mentioned in my last editorial, the 68th National Garment Fair is all set to be a bumper Fair, with a record-breaking 589 Brands participating. By the time you read this editorial, the NGF would have started, and I think it must be for the first time in the last decade or so that I will not be present for the Fair, since I am travelling overseas. So I take this opportunity to wish all of you—Exhibitors and Buyers—all the very best for a great Fair and a successful Season ahead. RAHUL MEHTA Help us improve Apparel. Please send in your suggestions and feedback to apparel.spenta@gmail.com 4 I APPAREL I February 2019

[close]

p. 13



[close]

p. 14



[close]

p. 15



[close]

Comments

no comments yet