Apparel & Fashion - December 2015

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Somebody recently met and said the industry has not been so bad in the last 30 years, I had to stop and rethink; really, but why? However, theories and reports by various associations and councils say that the growth has been average. If we look at the garment retail CMAI’s Apparel Index for the Second Quarter(July-Sept 2015) it confirms that the industry has maintained its growth tempo with over all index value at 6.68 points. Giant and large brands have continued their growth story much like the previous quarters and stayed ahead of the curve. They have done better with higher sales turnover and lower inventory holding. For mid brands (with turnovers of Rs. 25-100 crore), growth is 7.7 points. In fact, mid brands performed much better than small brands, butit’s the large brands (with turnovers of Rs. 100 to 300 crore) with 8.95 points and giant brands(with turnovers of above Rs. 300 crore) with a high index value of 9.15 points that have shown real growth. (Read more on www.apparelfashion.net)