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Amazon targets big share of US apparel market
Amazon – a behemoth with global sales of $107 billion in 2015, more than 304 million active customer accounts and over 2,30,000 employees – is using its power to crack open a big share in the $254 billion apparel market in the US. Amazon has already reached a level where it can claim about 6.6 per cent of the market. That share is expected to increase to 8.2 per cent by next year and further expand to 16.2 per cent within five years as reported by CNN.
Dyneema® Alpine jacket sparks off ‘WOW’
Acclaimed technical apparel designer Conroy Nachtigall was commissioned by The Dyneema® Project to develop an alpine jacket of tomorrow with Dyneema® Composite Fabric.
LIVA launches 1st LAPF studio in Noida
LIVA, a leading fashion fabric brand from the house of Aditya Birla, recently launched their first and India’s only state-of-the-art studio exclusively for their LIVA Accredited Partner Forum (LAPF) partners.
Spykar on expansion spree
Incepted in 1992, Spykar fashion apparel and accessories epitomises global fashion and is a beacon of effortless style. Ever since, Spykar, one of the best denim jeans brands in India, has been synonymous with fashion for the youth. At Spykar, one can choose the way of expressing the personality with the clothes offered.
Quality visitors perk up ITME 2016 exhibitors
Despite the noticeable gaps in attendance of visitors at the 6-day event of India-ITME held at the BEC in Mumbai, it was the quality of visitors that cheered up the 1,000-odd exhibitors. Most of the exhibitors The ITJ met were concerned with the occasional thin crowds in some of the halls, but were overwhelmed by the fact that they received serious and genuine enquiries.
Fashion sector likely to do better in 2017
Global fashion industry is expected to do better than last year says a recent survey ‘The State of Fashion 2017’ by McKinsey and The Business of Fashion.
Arvind wins Asia’s top awards
Arvind Limited, India’s leading lifestyle and fashion conglomerate, clinched Asia’s Best First Time Sustainability Report award at the recently-concluded 2016 Asia Sustainability Reporting Awards (ASRA) in Singapore.
Spykar on expansion spree
Sanjay Vakharia, COO, Spykar Lifestyle Pvt Ltd, speaks on Spykar’s plans for the next four years. He says, “We would be seeing a natural growth of 15 per cent CAGR in the next four years. Additionally, we are planning to enter into women’s wear and also increase the contribution from online channel.”