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Fashion for Good is unique in that it is backed by deep expertise in sustainability and circularity in the apparel and fashion industry. This will supplement the strengths of our Wellthread™ and technical innovation programmes and provide additional opportunities to scale breakthrough innovations across our product assortment and supply chain.”
Keeping in view the EORS, Myntra reported that it has registered a 60 percent growth in the 14th edition of its ‘End Of Reason Sale’ compared to last year, with over 18 million products being ordered by 4.2 million customers across the country. The online fashion retailer claimed to have recorded a peak of 220 million traffic sessions during the six-day event, at 4X growth over business as usual (BAU).
Prints and patterns will rule the kids’ apparel industry in 2021. Layers, geometric cuts, asymmetry, and pleated patterns will be increasingly preferred along with stripes, checks, floral, abstract, geometric, artsy, and cartoonist prints. This will provide the requisite funky, vibrant and childish appearance to the kids.
Nykd by Nykaa, the lingerie and sleepwear brand from Nykaa Fashion, announced the launch of Nykd All Day, a fashion sub-brand for women featuring Athleisure, Leisure, and Activewear. Through this expansion, the multi-brand fashion e-commerce platform aims to introduce clothing that focuses on comfort and inclusivity and can seamlessly transition from at-home wear to stepping-out attire as per the dictates of the hybrid work model of today.
Giving emphasis on providing members with personalised access on a large scale, sportswear major Nike launched a free app in order to accelerate its digital transformation in South Asia and India (SEA&I). The app was launched simultaneously in Singapore, Thailand, Philippines, Malaysia, India, Taiwan and Vietnam.
Rupantar Guha, Associate Project Manager for Thematic Research at GlobalData, comments: “Progress in areas such as electronic textiles, artificial intelligence (AI), motion tracking, and haptics will drive growth in the smart clothing market. Currently, smart clothing products are targeted at consumers, particularly people interested in health and fitness. However, the sports, healthcare, and military industries will become key users of smart clothing in the coming years, valuing the technology’s ability to provide continuous monitoring of physical activity. For now, the smart clothing industry is awaiting investment from leading technology and apparel companies. This will improve the products’ capabilities and influence market adoption, a pressing concern for today’s smart clothing vendors.
Store expansionary capex reduced sharply in 1HFY21 on the back of the lack of business visibility. However, Ind-Ra expects the pace of expansion to accelerate in FY22, as the organised segment continues to gain market share from the unorganised segment along with an improvement in the operating environment and resumption in store rollout from 3QFY21, with particular focus on Tier II plus cities.
When it comes to children, both designers and parents wish to have natural clothing that is soft owing to the sensitivity of the children’s skin. They opt for fabrics that are airy, light, sturdy, easy to handle, and are stretchable so that they do not restrict the kids’ movements. Hence, natural, environmentally friendly, and sustainable fabrics like cotton, jute, will rule the spring-summer 2021 trend in the kidswear category.
With this launch, Flipkart Wholesale digital platform will also give a big boost to MSME fashion suppliers and artisans in the region through pan-India supply chain integration and help keep their businesses operational by offering a lively marketplace for them to sell their products.
Parents prefer variety in designs, colours, and natural fabrics and hence, the fashion industry players are striving to meet the increasing and changing preferences of the consumers. With the ever-evolving parent preferences along with the rapidly changing fashion scenario, the kids’ apparel and accessories markets focus on product innovations. This is the reason why they come up with trendy designs- to satiate the parents’ cravings for adorning their kids in a fashion influencer avatar.