Apparel Sourcing Week 2024, the flagship event from Apparel Resources has had a successful conclusion after two days at the Sheraton Grand Whitefield, Bengaluru. The event attracted industry experts, retailers, buyers and manufacturers from the apparel and textile industry around the globe as visitors. Many top buying houses, D2C brands, leading retailers and manufacturers at the event participated in conferences, networking and discussions on the state of the industry and how to take it forward.
Players in the industry have had the chance to discover new partnerships and business opportunities, network with like-minded professionals and industry leaders, learn about the newest trends and innovations, and gain first-hand knowledge about the industry from the experts themselves at this premier event.
At the event, the top players in the industry from Bangladesh and Indonesia showcased their latest creations to a varied audience of manufacturers, retailers, and designers. At the event, there was a special Sustainability Zone that demonstrated the industry’s commitment to environmental responsibility.
Praising the event and the way it can be a repository of ideas and insights from the best in the industry, Sankar Chatterjee, CEO, Decathlon India said, “We’re having an exceptional experience here. The event brings together key players across the fashion spectrum—whether it’s premium brands, value fashion retailers, sports brands, startups, manufacturers, or professionals from the entire fashion supply chain. We’ve had many engaging debates on the sidelines.”
A similar opinion was echoed by other business leaders who commended the event for being user-friendly and having a high standard.
“From registration to the exhibits and booths, and the availability of various amenities, everything has been incredibly smooth. The event is truly of international standards,”
said Manish Bharati, CBO, Raymond.
As for the industry, Puneet Dudeja, Director Of Business Development (South Asia), WGSN gave his thoughts on the domestic market and what brands could do to take advantage of it, especially in terms of supply chains and sustainability.
“This is a prime time for Indian brands to thrive. Countless domestic brands are excelling despite fierce competition. A key factor in their success is their flexible supply chains, allowing them to quickly adapt to consumer demands, outpacing their Western counterparts. Additionally, there’s a strong push toward sustainability. Within the next two years, many brands will likely offer the option to exchange old clothes when placing new orders,” he said.
Amit Mishra, SVP & Head – Sourcing, QA, PD, Max Fashion echoed a similar statement for the domestic market and opined on value fashion by saying, “I see immense potential in the value fashion segment. The recent expansion of brands and retailers like Reliance Retail’s Yousta, Aditya Birla Fashion & Retail’s Style-Up, V2 Retail, and Vishal Mega Mart highlights the tremendous opportunities in this space. This segment also appears to be somewhat recession-proof.”
Stay tuned for detailed coverage of the event.
