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Monday, 9 January 2017
Monday, 26 December 2016
Tuesday, 13 August 2013
Winds of change in lifestyle retail
22:05
Unknown
The wet month of July was raining trade events across the country. All fairs came up with innovations like as buyer-seller meets, fashion shows showcasing future trends, and more; thus attracting a huge footfall. The attendance and participation at these events are a strong indication that the industry is sailing through well in tough times.
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The weak currency and the fluctuating stock markets may be causing a lot of wrinkled brows, but we are optimistic about the positive growth of the economy and thus of the fashion industry. The time has finally come when India has opened its doors to foreign brands and retailers with direct investment in retail operations. This has direct and immediate impact on the fashion and lifestyle business. There is no time to ponder anymore. It is time to take action. It is in India that we are witnessing positive growth as opposed to markets such as Europe and the USA, and it is thus time that we tackle the prickly issues - logistics, infrastructure, low margins, increasing cost of labour, high real estate prices, etc, much more aggressively and constructively. This is the time to take a plunge and emerge winners. If not now then we may perhaps never get another chance. These are indeed the times we have spoken about, discussed at length, and wished for. It has come at last with its own baggage but it is here, nevertheless.
Several big international brands, as was reported, in one of the previous editions of IMAGES Business of Fashion, have signed an agreement with the Government of Bangladesh to invest in the creation of safer infrastructure and ergonomics at production sites. This implies better practices and millions of investment in the country which in turn will definitely catalyse the Bangladeshi Fashion Industry. China has been betting for a long time now on volume and low cost. The Indian fashion industry will have to create its own mantra.
The cover story in this issue is indicative of the fact that though menswear has the largest share in fashion pie; it is the womens wear industry that is growing the fastest. While we may presume that women are much more forthcoming in shopping and impulsive buying, with proper trends study we may actually understand this phenomenon.
Featured Links
The weak currency and the fluctuating stock markets may be causing a lot of wrinkled brows, but we are optimistic about the positive growth of the economy and thus of the fashion industry. The time has finally come when India has opened its doors to foreign brands and retailers with direct investment in retail operations. This has direct and immediate impact on the fashion and lifestyle business. There is no time to ponder anymore. It is time to take action. It is in India that we are witnessing positive growth as opposed to markets such as Europe and the USA, and it is thus time that we tackle the prickly issues - logistics, infrastructure, low margins, increasing cost of labour, high real estate prices, etc, much more aggressively and constructively. This is the time to take a plunge and emerge winners. If not now then we may perhaps never get another chance. These are indeed the times we have spoken about, discussed at length, and wished for. It has come at last with its own baggage but it is here, nevertheless.
Several big international brands, as was reported, in one of the previous editions of IMAGES Business of Fashion, have signed an agreement with the Government of Bangladesh to invest in the creation of safer infrastructure and ergonomics at production sites. This implies better practices and millions of investment in the country which in turn will definitely catalyse the Bangladeshi Fashion Industry. China has been betting for a long time now on volume and low cost. The Indian fashion industry will have to create its own mantra.
The cover story in this issue is indicative of the fact that though menswear has the largest share in fashion pie; it is the womens wear industry that is growing the fastest. While we may presume that women are much more forthcoming in shopping and impulsive buying, with proper trends study we may actually understand this phenomenon.
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Retail market is poised to touch USD 1.3 trillion by 2020
21:50
Unknown
The domestic retail market is poised to touch USD 1.3 trillion by
2020 and the industry has the responsibility to provide quality goods
and services at affordable prices, Consumer Affairs Minister K V Thomas
today said.
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The consumer behaviour is also experiencing a transition with trends like online shopping, he said at an event organised by FICCI. With consumer awareness improving dumping of cheap goods from neighbouring countries is slowing down, he added.
"The Indian retail market is poised to reach USD 1.3 trillion by 2020 and therefore it will provide a tremendous growth opportunity for retail and FMCG players alike," Thomas said, a week after government relaxed foreign direct investment (FDI) norms in multi-brand retail.
The Indian FMCG industry is growing at 11 per cent annually. The current retail market size is USD 500 billion.
Thomas said they have "a responsibility" to keep consumer
confidence by providing quality goods and services at affordable prices.
"....I would expect the Indian industry to live up to the expectations of people who look up to you for goods and services at price they can afford," he said, adding that the industry should serve consumers in such a manner that the regulators' activities become redundant.
The minister said a high-level committee on internal trade reforms has been set up to see how laws could be streamlined to ensure vibrant market is in place for all stakeholders.
Last week, the government relaxed foreign direct investment (FDI) norms in multi-brand retail. It diluted mandatory 30 per cent local sourcing norms for multi-brand
Featured Links
The consumer behaviour is also experiencing a transition with trends like online shopping, he said at an event organised by FICCI. With consumer awareness improving dumping of cheap goods from neighbouring countries is slowing down, he added.
"The Indian retail market is poised to reach USD 1.3 trillion by 2020 and therefore it will provide a tremendous growth opportunity for retail and FMCG players alike," Thomas said, a week after government relaxed foreign direct investment (FDI) norms in multi-brand retail.
The Indian FMCG industry is growing at 11 per cent annually. The current retail market size is USD 500 billion.
"....I would expect the Indian industry to live up to the expectations of people who look up to you for goods and services at price they can afford," he said, adding that the industry should serve consumers in such a manner that the regulators' activities become redundant.
The minister said a high-level committee on internal trade reforms has been set up to see how laws could be streamlined to ensure vibrant market is in place for all stakeholders.
Last week, the government relaxed foreign direct investment (FDI) norms in multi-brand retail. It diluted mandatory 30 per cent local sourcing norms for multi-brand
Sunday, 26 May 2013
About Manju Agarwal Haldiram
05:13
Unknown
Manju Agarwal Haldiram was born in North India into a vegetarian family. Her mother was an excellent cook who paid attention to every detail. One of the most important details for her was cooking with fresh ingredients. As a child and young adult, she helped her mother in the kitchen. Manju Agarwal learned to cook with just a few spices and herbs in order not to compromise the taste of the vegetables, grains and lentils.
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After Manju Agarwal Haldiram got married and moved to the United States from India in the late 1960s, her family remained vegetarian because of their adherence to the Haldirams religion. One of the main principles of the Haldiram religion is the belief in non-violence to all living beings and the belief to “live and let live”. Manju Agarwal Haldiram is passionate about this way of life today.
About this blog:
Manju Agarwal Haldiram is here to teach you simple and practical recipes that carry out the authenticity of Indian vegetarian cooking.
For new cooks and cooks new to Indian vegetarian cooking, the combination of video tutorials and written recipes will make it easier for you to understand the fundamentals in cooking Indian dishes. And even experienced chefs will pick up new techniques that will make cooking easier and more flavorful. Indian cooking is not complicated and I will show you creative variations that you can experiment with. Half the fun of cooking is experimenting, so give it a try and make these vegetarian dishes uniquely your own!
Featured Links
After Manju Agarwal Haldiram got married and moved to the United States from India in the late 1960s, her family remained vegetarian because of their adherence to the Haldirams religion. One of the main principles of the Haldiram religion is the belief in non-violence to all living beings and the belief to “live and let live”. Manju Agarwal Haldiram is passionate about this way of life today.
About this blog:
Manju Agarwal Haldiram is here to teach you simple and practical recipes that carry out the authenticity of Indian vegetarian cooking.
For new cooks and cooks new to Indian vegetarian cooking, the combination of video tutorials and written recipes will make it easier for you to understand the fundamentals in cooking Indian dishes. And even experienced chefs will pick up new techniques that will make cooking easier and more flavorful. Indian cooking is not complicated and I will show you creative variations that you can experiment with. Half the fun of cooking is experimenting, so give it a try and make these vegetarian dishes uniquely your own!
