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Former Meghalaya CM Mukul Sangma
Twelve of the 17 Congress MLAs in the Meghalaya Assembly on Thursday joined the Trinamool Congress, dealing a body blow to the grand old party in the northeastern state, their leader and former chief minister Mukul Sangma said.
He said the decision to shift allegiance to Mamata Banerjee's party was taken after "exhaustive due diligence and analysis about how best to serve the people.
"The decision has been taken with utmost sense of humility, responsibility and commitment towards fulfilling our responsibility to the people, the state and the nation," he told a press conference.
In a massive jolt to the main opposition Congress, they had decided to join the TMC in a late night development on Wednesday.
The breakaway group had also submitted a list of MLAs crossing over to the TMC to state Assembly Speaker Metbah Lyngdoh and informed him about their decision.
The development is a major boost for West Bengal Chief Minister and TMC supremo Mamata Banerjee, who has been trying to expand her party's footprint beyond her native state.
Fashion is a broad institute in itself. For me fashion is freedom of expression, emotion, values to the extent of what you believe in and how you want to be perceived. Fashion now has a huge impact on people in India, with social media playing a huge role in this. They have started taking fashion seriously and I can see people putting in a lot of effort to rock that “effortless” look as well.
The overall shirt market in India has witnessed several transitions in fabrics, fits, styles and designs in the last few years. With increasing fashion awareness among both men and women and on influx of international brands in the domestic fashion arena, the category is no more restricted to formal wear. Shirts, which were earlier predominantly owned by men can now be seen occupying major chunks of women wardrobes as well. As projected earlier, it is all set to grow at a higher growth rate than men’s shirts in the near future.
Carpediem Advisors-backed Nysaa Retail, which operates 1-India Family Mart retail chain, is looking at raising US$ 50 million (approx Rs 347 crore) to fund its expansion plans, and has roped in Avener Capital for the same.At present, the firm present operates over 80 stores across 75 cities
1818 VASANTH KUMAR, MD, LIFESTYLEWith an illustrious career spanning 22 years, Vasanth Kumar has successfully launched, nurtured and established leading value fashion apparel and retail brands like Max Fashion and Peter England. Kumar joined Lifestyle International as President of Max Retail Division, where he laid the foundation for the brand, spearheading it into a formidable player in the value fashion segment in India. Currently, Kumar is spearheading Lifestyles’ aggressive growth plans in India.
“The most common type of fabric used to make t-shirts is cotton, but it is important to mention that there are different types of cotton out there for use. Combed cotton, organic cotton, pima cotton, slub cotton,” says Sandeep Jain, Executive Director, Monte Carlo. In addition to cotton t-shirts, the Indian fashion market is also witnessing huge demand for polyester-cotton blended t-shirts. “At Pepe Jeans, the collection of t-shirts largely consists of cotton material but in order to have a variety and ensure comfort, the fabric is blended with jersey, grindle jersey, piques, mélange, etc., in men’s wear and for women’s wear viscose, crepe and poly linen blends are essential fabrics. Additionally, we also have an athleisure line that has been made with polyester as a key fabric as well as elastane keeping in mind the high performance expectation in terms of function as they are primarily targeted towards gym wear,”says Neha Shah.
Her sunglasses not only protect her eyes but provide the style statement for the day. A shawl may keep her warm, but she will make sure that it is matching with the rest of her outfit, perhaps even making a bold statement with colours and prints. Her jewellery has moved away from the traditional gold jewellery to being an expression of her mood and setting, statement necklaces for the bold fashionistas, petite chains and pendants for the office, ethnic jhumkis no longer only paired with a salwar kameez outfit but worn with rugged jeans and t-shirts to create that ‘in’ boho look.
Retail is a growing industry with huge opportunities both online and offline and the large number of new entrants be it brick-and-mortar or e-commerce platforms are a testament to that. Every player in this industry brings their own strengths to the customers. Over the years Lifestyle has carved a niche for itself amongst consumers who are looking for international products and shopping experience. Our strong private label offering and the power of choice that Lifestyle offers through a curated collection continues to distinguish us from the rest in the market.
Realisation has dawned upon the retail sector in India that only selling the product is not important, but customer’s satisfaction, experience and convenience are also key influencers for shopping. Shopping is no more just a bag of merchandise, instead, it’s a bag full of experiences. Stimulus in retailing includes spacerelated, product-related and people-related aspects, these stimuli are mostly collected through eyes, hence an inexpensive but crucially impactful ways of marketing.
Also gaining momentum are man-made fabrics that offer stretch and fluidity. “Cotton will always be popular in India. But now you also see a lot of blends such as cotton/ poly, cotton modal, cotton spandex, etc. People like garments that are comfortable and can be stretched,” reveals Aditya Udani, Owner, Garcon.
Seraphine, the brand that is all set to create ripples among the fashion conscious women of India is also the favourite maternity wear brand of the future Queen of England, Kate Middleton. The Duchess of Cambridge has worn the label on many official occasions during her pregnancy. Not just that, Kate had also worn a signature Seraphine dress for the first family picture of Prince George and on other several occasions.
The shirt market has witnessed diversification in terms of colour and fabrics too. Retailers today provide the customer with a wide range of choices in colours, styles and patterns. Cotton/ cotton blends shirting is expected to grow faster than overall shirting market due to growing preference of cotton amongst consumers due to higher comfort and quality factors. At the same time, new fabrics such as linen have also witnessed demand in the recent years.
Indian fashion industry is at its growing stage and has a great potential to make the mark on the world at large. Its rich cultural background and large population with cost effectiveness accelerates its global opportunity. In the last decade it has taken a blossoming take-off . India fashion industry needs to focus on product innovation and development, invest in brand building and supply chain. Trend spotting and digital marketing can also be profitable.
The new Walmart KIDBOX stylebox will offer Walmart.com customers personalized style from more than 120 premium kids’ brands, including BCBG, Butter Super Soft, C&C California and Puma. The stylebox will include four to five fashion items for US$ 48 – which is approximately 50 percent off the suggested retail price for the group of bundled items.
Mahtani says, “We provide day-care and medical facilities and we do not think that we are doing anything extra for the employees. These are part and parcel of the facilities in any part of the world. The kind of lighting and chairs that we provide, safety facilities –electrical or within the building – we have brought in a certain standard of comfort for our employees and we will continue improving on this. Our first priority is to provide a safe place to our workers to work in.”
This year, The Woolmark Company demonstrated the versatility of Merino wool through its extensive and novel use opportunities. The first ever wind- and water- resistant Optim™ fibre jacket, seamless wool yoga apparels, Merino wool shoes and Knitwarm®, a first-of-its-kind, patented self-heating textile, will be on display. The Knitwarm® fabric has the capability to heat up within 30 seconds to offer instant warmth by plugging into a portable power bank.
1616 SHARAD VENKTA, MD & CEO, TOONZ RETAILSharad Venkta has been instrumental in making Toonz one of the largest kids retail player in India today. His experience lies in key strategic decision making and initiatives including retail operations, developing new business models, etc.
As Millennials join senior management in corporate India, tech-enabled solutions that offer window shopping will increase the need for fashion brands to adapt to digital solutions and offer a novel online experience as well. Traditionally, Indians are still accustomed to window shopping online and then making a big ticket purchase in-store. The next phase of the industry will see an amalgamation of online and in-store experiences with more in-store technologies that enhance the overall retail experience. Adoption of digital marketing displays in the store, improved check out experience and the use of augmented reality for displaying outfits on consumers are just a few novel experiences that the retail industry will adopt to attract more customers.