Shoes and Accessories - March 2016
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March 2016 issue Digital Access. - Magazine Details
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The dawn of another season comes with new ideas and fresh energy. It was reaffirmed when the lamps were lit up at the inaugurations of India International Leather Fair, Designers Fair and UITIC Congress in Chennai. If the new season has brought more than ideas, then what was ubiquitous was the conviction among the industry stalwarts. It could have remained as a mere conviction, had it not been for the confirmation we saw in exhibitors, delegates and experts from several countries. The recent announcement by global footwear brands to increase sourcing from the local market was another testimony to the fact that the industry’s target to achieve high figure is within reach. If Clarks was the only prominent player planning to increase it local sourcing, then the intention of Under Armour to start manufacturing here, like several others, only highlights how realistic it is. This comes at a time when China is no more a cheap manufacturing hub, stimulating many to seize the opportunity and brandish the Make In India initiative. However, we shouldn’t be carried away by the miscalculation that exports alone should be the driver of economic growth, even though we have witnessed it happen in the last few several decades in other economies. We are of the opinion that domestic consumption should also be given equal emphasis in a big country with a population of more than a billion. Underscoring this and other major developments we have observed, India Shoes and Accessories Forum, 2016 will have the movers and shakers of the industry to share their useful views. Come and be a part of it.
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New Balance and Olympian Sydney McLaughlin Team Up for Sleek Sneaker & Apparel Collection
New Balance has found its latest collaborator in Olympic track and field star Sydney McLaughlin.
SABYASACHI X H&M COLLABORATION THEMED ‘WANDERLUST' LAUNCHED
The Sabyasachi x H&M collaboration themed “Wanderlust” presents rich textiles in modern as well as classic Indian silhouettes that resonate with the modern global nomad mindset.
Skechers Donates $1 Million to Haiti Earthquake Relief Efforts
Skechers announced that it is supporting Haiti earthquake relief efforts with a $1 million donation. Over the weekend, a 7.2-magnitude earthquake hit the country and the death toll has since topped 2,000.
HIDESIGN RELEASES FREEDOM COLLECTION
Freedom collection is ideal for the busy post-pandemic world, wherein we are slowly experiencing what Freedom feels like after months of restrictions and confinement in our own homes.
FALGUNI SHANE PEACOCK UNVEIL LOVE IS COLLECTION AT INDIA COUTURE WEEK
The collection, Love is, has been crafted completely by hand to showcase the distinct handwriting and talents of a cluster of about 250 craftsmen from the FSP-adopted villages of Malihati, Islampur, Midnapore, Kharagpur and Marhtala in West Bengal with the couture signatures of Falguni Shane Peacock.
MYARAA BY NAMRATA LODHA X KATE STOLTZ
The collaboration entails a fusion between light straw hats by Myaraa complemented with scarves crafted out of luxury fibers by Kate Stoltz.
Flipkart and Myntra to retail Slazenger products in India
The Flipkart Group has partnered British sportswear and sports activities gear model Slazenger that may now be obtainable on each Myntra and Flipkart.
ADIDAS LAUNCHES FIRST FLAGSHIP STORE IN INDIA
Spread in 5900 sq ft of retail area across 4 floors, the store’s concept is brought to life inspired from the brand’s ‘OWN THE GAME’ strategy that focuses on 3 important aspects which are Experience, Sustainability, and Credibility.
Launch Trends Editor's Pick
Cardi B x REEBOK
Indian Economy To Grow At 8.3% In 2021: World Bank
The World Bank has slashed its 2021-22 GDP growth forecast for the Indian economy to 8.3 per cent from 10.1 per cent estimated in April, saying economic recovery is being hampered by the devastating second wave of coronavirus infections. It projected a 7.5 per cent economic growth in the 2022-23 fiscal (April 2022 to March 2023).
