Business Of Fashion - February 2021
Get Business Of Fashion along with 7,500+ other magazines & newspapers
Try FREE for 7 days
Latest and past issues of 7,500+ magazines & newspapers
Digital Access. Cancel Anytime.1 Year$99.99 $49.99 Save 50%
Latest and past issues of 7,500+ magazines & newspapersDigital Access. Cancel Anytime.Get Business Of Fashion
1 Year$23.88 $7.99
12 issues starting from April 2022 Digital Access. Cancel Anytime.
Flash Sale! Save 67% on annual subscriptions. Valid till June 1, 2022
Buy this issue $1.99
February 2021 issue Digital Access. - Magazine Details
- In this issue
Magazine Description
In this issue
Dear everyone, 2021 is already showing glimmers of hope. As the rate of new infections registers a sharp dip over the last few months, the Indian economy has begun to show signs of recovery. With the nationwide vaccine roll out in place, consumer confidence and demand is set to grow at a rapid pace in the months to come. The recovery is set to further get a boost from the progressive and growth-oriented Union Budget 2021-22 announced by the Government of India. The Budget has especially been beneficial for the textile industry. It has laid a strong foundation for the future growth of the textiles and clothing industry in India. In line with the Centre’s efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the textile sector, the Government has proposed a slew of schemes that are expected to attract investments and boost employment generation. In this issue, we take a deep look at how the Budget of 2021 is expected to make India a competitive manufacturing and exporting hub for textiles. Industry experts from across the sector share their views on the opportunities that the Budget presents to all players of this sector to fuel post-pandemic recovery. Moreover, this issue also takes a look at how fashion senses are rapidly gravitating towards comfortable apparel as homes have become hubs of work, play, and rest. Over the last few months categories like casual wear, loungewear, athleisure, nightwear, etc., have become fashion essentials. Also, the ‘Work From Home’ – and ‘Study From Home’ – cultures have also compelled consumers to thoughtfully curate a home environment that’s comfortable to work and study in, adding to a renewed demand in categories like home office furniture and home décor.
Cancel Anytime [ No Commitments ]
Digital Only
IFF 2022 USHERS IN A NEW ERA OF FASHION RETAIL
INDIA FASHION FORUM, THE LARGEST FASHION RETAIL INTELLIGENCE EVENT OF SOUTH ASIA, SUCCESSFULLY CONCLUDED ITS TWO-DAY 21ST EDITION HOSTED AT THE LEELA AMBIENCE GURUGRAM HOTEL & RESIDENCES BETWEEN MARCH 23 AND 24. THE CONGREGATION, AS HAS ALWAYS BEEN, HAD THE BIGGEST NAMES IN THE WORLD OF FASHION SHARE THOUGHT-PROVOKING IDEAS AND DETAILED INSIGHTS ON THE NEXT ERA OF FASHION RETAIL IN INDIA.
THE NEXT THREE YEARS OF FASHION RETAIL
IN HER ADDRESS ON DAY ONE OF INDIA FASHION FORUM 2022, SALONI NANGIA, PRESIDENT, TECHNOPAK ADVISORS, SHARED A COMPREHENSIVE OUTLOOK OF THE INDIAN ECONOMY APROPOS OF THE COUNTRY'S FASHION INDUSTRY OVER THE PAST YEAR, WHILE SHARING MORE DETAILS ON YEARS TO COME AND HOW THE INDUSTRY IS EXPECTED TO SHAPE UP BY 2025. NANGIA ALSO SPOKE ABOUT TRENDS AND IMPERATIVES THAT THE SENIOR MANAGEMENT NEEDED TO FOCUS ON OVER THE NEXT 12 TO 18 MONTHS THAT WOULD HAVE A SERIOUS IMPACT ON THEIR BUSINESS.
LUXURY GOES HIGH-TECH!
THE LUXURY FASHION MARKET WAS MAJORLY HIT DURING THE PANDEMIC. WITH DOMESTIC AND LOCAL MARKETS PICKING PACE, DIGITALISATION OF THIS SEGMENT WAS SOMETHING THAT NO ONE EVER IMAGINED. BUT WAS THIS DIGITAL TRANSFORMATION ALREADY UNDERWAY FOR THEM? HAVE NFTS AND THE METAVERSE CHANGED THE GAME FOR THE LUXURY FASHION MARKET? INDUSTRY LEADERS AND TECH EXPERTS SHARE THEIR TAKE ON THE SUBJECT.
INGREDIENTS OF A TRANSFORMED FASHION SECTOR
THE TRANSFORMATION SWEEPING ACROSS THE CONSUMER UNIVERSE AND TECHNOLOGY IS THROWING UP MAJOR IMPLICATIONS FOR FASHION BUSINESSES. FASHION RETAIL OF THE NEW WORLD EMBRACES AN INTEGRATED REALITY WITH DEEPLY INTERLACED DIGITAL MOMENTS THAT BOOST PHYSICAL EXPERIENCES, AND VICE VERSA. INDUSTRY EXPERTS SPEAKING AT IFF 2022 ON 'BUILDING FUTURE-PROOF FASHION RETAIL MODELS' DELIBERATED ON BALANCING THE FOUR TENETS OF FASHION RETAILING IN THE NEW WORLD - PURPOSE, INNOVATION, EXPERIENCE AND ENGAGEMENT.
CHANGE BUSINESS DYNAMICS, GET FUTURE-FIT
IN THESE TIMES OF UNCERTAINTY, THE RETAIL INDUSTRY HAS SEEN A FUNDAMENTAL SHIFT IN THE WAY OF DOING BUSINESS. CONSUMER BEHAVIOUR IS CHANGING AND OLD BUSINESS MODELS ARE SHAKING. FROM CONSUMERS BUYING CONSCIOUSLY TO BRANDS EXPLORING THE METAVERSE, DEVELOPING FUTURE-FIT COMPANIES THAT CAN NAVIGATE TIMES OF VOLATILITY, UNCERTAINTY AND CRISIS IS TOP OF THE MIND OF MOST CEOS TODAY. THIS IS WHAT SOME INDUSTRY LEADERS, SPEAKING AT IFF 2022, THOUGHT OF THE CHANGING DYNAMICS.
'Inflation Is Going To Eat The Pie'
With the advance of the internet and globalisation, it has become easier for consumers to buy products online and receive them at their doorstep. This has led to a significant increase in demand for fashion products, which has increased the cost of production. To keep up with this increasing cost of production, many brands have been forced to raise prices in order to maintain profit margins.
How To Change With The Changing Retail Landscape
'The massive changes that 2020 brought to the retail industry are here to stay. And now that parts of the world are opening up, and consumers are craving opportunities to shop in person, they expect the buying experience to be consistent both online and off,' states the latest report by Shopify titled 'The Future of Retail'. The report not only identifies trends that will shape the retail commerce business, but also provides recommendations that can help brands find the perfect balance between offline and online commerce.
NO BARRIER TOO BIG
The world of fashion is meaningless without women. Be it the business of fashion or fashion itself, the sector would have been dreary and nondescript had it not been for the many female entrepreneurs, artists, models, decision-makers and professionals who comprise it. In this article, women in the business of fashion share their stories of diligence, perseverance and some uncalled for challenges that they took in their stride to reach where they stand today leading brands and breaking barriers!
BUDGET 2022-23 AN ENABLER FOR INDUSTRY
On February 1, Finance Minister Nirmala Sitharaman presented the Union Budget for financial year 2022-23, a Budget that claimed to focus on growth while promoting technologyenabled development. Here's how some prominent retailers and brands from across the fashion industry reacted to the announcements made during the presentation.
CIRCULAR TEXTILES: AN URGENT CALL FOR SHIFT
The fashion industry is one of the key consumers of natural resources such as water and energy. This widespread consumption due to fast fashion has devastating impacts on people and the planet. It is now more urgent than ever to shift from a linear - take, make, use, dispose - model to a circular model or circular economy where waste and pollution are designed out, products and materials are kept in use longer, and natural systems can regenerate. Mukul Agrawal, Chief Sustainability Officer, Birla Cellulose, shares his view on circular textiles and how brand Liva Reviva incorporates them in their products.
