CATEGORIES

DECODES THE DNA OF PROFITABILITY

The forum, held between February 28 and March 1, 2023 was a signi cant convergence of industry captains and observers to address how businesses can ensure long-term survivability in the backdrop of India emerging as a major global market.

What's driving the fashion rental market in India

The global market for fashion rental is expected to expand at a CAGR of 11% from 2021 to 2031. With the model gaining popularity among young consumers, India may not be far behind. A peek  into what’s driving this growth.

LAKSHEETA GOVIL

CEO and Founder, Fizzy Goblet 34

KAVERI LALCHAND

Founder, Coastal Designer 49

FARIDA KALIYADAN

COO, Louis Philippe, Planet Fashion, Customer Centricity Head

DIPTT TOLANI

Founder CEO, Salt Attire| 38

CHENDURAN SUNDARARAJAN

Managing Director, Angel Rocket 33

BOBBY ARORA

Director Co-Founder, Status Quo 45

BIDYUT BHANJDEO

Chief Business Officer, Ethnix by Raymond, Head Sales, LFS and Ecommerce. | 50

AYUSHI GUDWANI

Founder & CEO, FS Life - FableStreet, Mikoto, Pink Fort

AMRISH PRAKASH KUMAR

Creative Director, Ritu Kumar

ABHISHEK GANGULY

Managing Director PUMA India & South East Asia, Puma | 45

ABHISHEK BAJPAI

CEO, Apparel Group India Pvt.Ltd | 46

Leather Footwear And Accessories In 2023

The growth of the leather footwear and accessories market is expected to be driven by the increasing popularity of versatile and multi-functional footwear and accessories. With consumers leading increasingly busy lives, they are looking for products that can be worn for a variety of occasions and activities. This trend is expected to lead to increasing demand for versatile leather footwear and accessories in the future.

Madame: In sync with times and one step ahead

Daughter company of Jain Amar Clothing Pvt.Ltd., Madame was launched in 1993. With the brand's first exclusive store in Mumbai in 2002, it has now expanded to over 155 stores all over India. With ever-evolving trends, Madame claims to be in sync with the times, and sometimes one step ahead. Be it adopting latest technology, intuitive consumer interface, compelling in-store experience, or serving the hottest global trends at accessible price points, Madame has always been counted among the top fashion brands in India. In an interview with Images Business of Fashion's Bhavishya Bir, Akhil Jain, Executive Director of Madama discusses the company's expansion plan, marketing strategy, product collection and more.

LEATHER APPAREL AND ACCESSORIES SECTOR TO SHRINK 7-8%

Owing to slowdown in consumer demand in Europe and the United States, revenue of the Indian leather apparel and accessories sector is set to decline 7-8% in fiscal 2024, says CRISIL Ratings.

The Changing Landscape of Indian Handbag Market

The Indian handbag market, segmented as clutches and wallets, shoulder bags, satchels and saddlebags, and totes, has grown manifold over the last decades. This growth has also spawned several homegrown brands, which today compete with global brands on their home turf and, at the same time, are either eyeing a global presence or mulling further expansion.

The return of rose-cut diamonds

Uniquely radiant, a rose-cut diamond is one of the oldest diamond cuts and was first developed in 1400s. This beautiful cut has been used in jewellery for centuries. Unlike the brilliant cut, a rose cut is a flat bottom diamond and has three to twenty-four facets on its domeshaped crown top resembling a rosebud and therefore the name. It was very popular till late 1900 when the brilliant cuts came in and took over the market. Therefore, most of the vintage jewellery you see would be set with rose-cut diamonds.

Why the year 2023 holds promise for India's jewellery sector?

In recent years, the sector has faced several challenges, including a decline in consumer demand and a decrease in exports. Despite these challenges, the year 2023 holds promise for India's jewellery sector for several reasons.

Untapped potential of homegrown D2C footwear brands

After strong growth in recent years, Indian D2C brands are optimistic entering 2023. D2C brands are estimated to be growing at a compound annual growth rate (CAGR) of 40% in India.

INDIA FASHION FORUM 2023 Decoding the DNA of Profitability: Growth Defined by Value Creation

India Fashion Forum (IFF), India's largest fashion intelligence event, returns for its 22nd edition on 28 February to 1 March at the Conrad, Bengaluru, shaped by the theme of 'Decoding the DNA of profitability: Growth defined by Value Creation'. Set to host over 200 speakers, representatives from 400+ brands and companies and 1000+ attendees, the IFF 2023 conference will cut through topline naivete and focus on real metrics that matter, including building operational capabilities for consistent high-quality execution, creating wealth through profitability and focus on return on capital employed.

Like London, like New York,

Shailesh Chaturvedi, MD and Chief Executive officer of Arvind Fashions, is a veteran of India's fashion and lifestyle business with about three decades in the retail industry. He is the chairman of the India Fashion Forum (IFF) 2023. In a freewheeling interview with Rasul Bailay, group managing editor of IMAGES Group, Chaturvedi talks about India growth as a lucrative yet challenging market for fashion and lifestyle business and advises local and foreign brands to not to get carried away by the attractiveness of India's fashion and lifestyle market and they should rather focus on the basics like consumer definition, better execution of plans and to chase profitability.

Fashion in every fibre

In his three decades in the fashion industry, Shailesh Chaturvedi has seen things unfolding in the country's fashion and lifestyle market - from a predominantly tailored-and-stitched apparel market to one of the top future markets for global brands. As the chairman of India Fashion Forum (IFF), Chaturvedi brings a wealth of fashion and retail knowledge to the country's premier fashion and lifestyle event where the glitterati and top honchos of the fashion industry will search for the next big thing and opportunities in the business.

NEW STORES

The growing landscape of India's fashion and lifestyle industry is marked by brands adding more retail outlets. Discover where the new retail points are.

NEWS BREAKERS

Some news turns more heads than others. Learn the reasons.

NEW COLLECTIONS

Find out what brands were up to, from Caprese collaborating with Manish Malhotra to Rangriti's Lohri collection.

Why Men Ditching Unisex Range!

India’s men’s grooming market is expected to grow with a CAGR of more than 11% during the forecast period with more than ₹31,000 crore market size. While a bulk of this is being driven by D2C online sales, there has been significant traction in offline sales too.

Impacts Of Farm-Closet: A Collective Responsibility

The fashion industry produces about 53 million tonnes of fibre every year, 70 percent of which ends up in garbage dumps or is incinerated, adversely affecting the environment. This reality demands that we look hard at the impacts of farm-closet.

The growing lure for kids’ fashion

From being an entity solely reserved for adults, fashion in kids’ wear has come a long way where it has seamlessly permeated into the kids’ wear segment as well. Nowadays, there is a rising propensity for fashion in the sector.

CLOVIA: Capturing consumers' imagination

Clovia made headlines when Reliance Retail Venture, an arm of Reliance Industries, acquired 89% in the Purple Panda Fashion-owned intimate brand. The oil-to-retail conglomerate made the investment in the form of secondary share purchase and primary capital infusion.