Global brands to have least effect due to hike in import duty

Related Keywords: Arvind, cotton, decentralise manufacturing, domestic manufacturers, fabrics and garments, global apparel brands, global fashion brands, Hiking of import duty on textile products, import duty hike, manufacturing of garments, Puma India, raw materials, sportswear, Textile, textile products

Mumbai
Summary: 
Textile giant Arvind, is speeding up it’s efforts to localise end-to-end manufacturing of garments for global fashion brands. More than 80 per cent products of the brands that it sells are Made-in-India, so the impact of import duty hike will be marginal except in some areas. Addition to this the Ahmedabad headquartered company plans to open plants in Gujarat, Jharkand and Andhra Pradesh in a bid to cushion it’s verticalisation plans and decentralise manufacturing.

Textile giant Arvind, is speeding up it’s efforts to localise end-to-end manufacturing of garments for global fashion brands. More than 80 per cent products of the brands that it sells are Made-in-India, so the impact of import duty hike will be marginal except in some areas. Addition to this the Ahmedabad headquartered company plans to open plants in Gujarat, Jharkand and Andhra Pradesh in a bid to cushion it’s verticalisation plans and decentralise manufacturing.

http://www.dfupublications.com/news/hike-in-textile-import-duty-to-have-minimum-impact-on-global-brands/2599-hike-in-textile-import-duty-to-have-minimum-impact-on-global-brands
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Intertextile Pavilion Shenzhen has solidified itself as the go to platform for the Chinese ladieswear sector due to its location in the country's fashion industry capital

Related Keywords: accessories, as well as knits, casualwear, China Bast and Leaf Fibres Textile Association Pavilion, China’s fashion industry capital, Chung Rung Textile, eco-friendly fabrics, embroidered fabric and wool, embroidery jacquard, functional fabrics and faux fur, global fashion brands, Intertextile Pavilion Shenzhen 2018, ladieswear, ladieswear fabrics, linen, lingerie and swimwear fabrics, Loongchin Textile, man-made, man-made fabrics, New Materials & Sustainability Development, New Technology & Solutions, nylon, polyester, printed fabrics, ramie and knitted fabrics, silk, Sojitz Fashion, sportswear, Sunwell, synthetic fibres, Taiwan Textile Federation, tri-acetate woven and printed options, woven functional and denim fabrics, yarn-dyed fabrics

Shenzhen
Summary: 
Wendy Wen, Senior General Manager of Messe Frankfurt (HK) said that, “Intertextile Pavilion Shenzhen has solidified itself as the go-to platform for the Chinese ladieswear sector due to its location in the country’s fashion industry capital, while it is being increasingly used by suppliers from around Asia, in particular Japan, Korea and Taiwan, to gain access to all the big Chinese and global retailers who source at the fair.” He also said that, “Last year also saw significant increases in domestic fast fashion-oriented buyers and online & designer brands, with many exhibitors offering flexibility in terms of small MOQs and on-demand deliveries to take advantage of these trends.”

Wendy Wen, Senior General Manager of Messe Frankfurt (HK) said that, “Intertextile Pavilion Shenzhen has solidified itself as the go-to platform for the Chinese ladieswear sector due to its location in the country’s fashion industry capital, while it is being increasingly used by suppliers from around Asia, in particular Japan, Korea and Taiwan, to gain access to all the big Chinese and global retailers who source at the fair.” He also said that, “Last year also saw significant increases in domestic fast fashion-oriented buyers and online & designer brands, with many exhibitors offering flexib

https://www.knittingindustry.com/intertextile-pavilion-shenzhen-records-exhibitor-increase/
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US Apparel brand Urban Factory sets foot in Indian market

Related Keywords: apparel and garments industry of India, apparel brands in US, foreign brands entering Indian market, Foreign direct investment, foreign investments in retail sector, global fashion brands, growth of Indian retail sector, India's retail market, Indian apparel industry, Indian garment industry, Indian textile industry, men's clothing and accessories, Urban Factory, women's apparel brand

Mumbai
Summary: 
Urban Factory, a United States-based apparel brand, has entered India independently and aims to open stores in Bengaluru and Hyderabad by the mid of this year. Madhuri Lakkapragada

Urban Factory, a United States-based apparel brand, has entered India independently and aims to open stores in Bengaluru and Hyderabad by the mid of this year.

Madhuri Lakkapragada, founder of Urban Factory, said that all styles that come in India are delayed by a season and unfortunately, fashion comes to India in the end.

She added that they want to address this gap by bringing current customised styles in India.

Last year, India had liberalised norms for foreign direct investment in single-brand retail, allowing brands such as Urban Factory to set up stores in the country.

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