India’s appetite for all things fashion has grown tremendously over the last few years and the country is closing in on becoming the world’s sixth largest fashion market, slated to be worth nearly US $ 60 billion by 2022. Having read customers’ nerves, the apparel retail brands are extending their brand offerings into the accessory category. According to many experts, Team AOI spoke to, the organised accessories segment has a great potential and the market is young with promises of growth.
With Coronavirus (Covid-19) pandemic impacting the industry, the economy and general sentiments of people around the world, the state of Madhya Pradesh (India) is keeping its spirits high and boosting investors. The State Government organised a round table conference recently in Delhi where various apparel and textile firms announced investments of more than Rs. 3,250 Cr. in this state.
An initiative to make all fashion good, Amsterdam-based ‘Fashion for Good’ is creating collaborative innovation by bringing brands, manufacturers and retailers together with the start-ups in helping them grow