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Post the pandemic, fashion retailers focused on rapid expansion of their store networks in FY2023, given the muted store expansions during the pandemic period in FY2021 and FY2022. Overall, the retail space area increased YoY by 27% (aided by a low base), with retailers in ICRA’s sample set spending Rs 1,460 crore towards capex in FY2023, despite the demand slowdown in the value fashion segment.

Post the pandemic, fashion retailers focused on rapid expansion of their store networks in FY2023, given the muted store expansions during the pandemic period in FY2021 and FY2022. Overall, the retail space area increased YoY by 27% (aided by a low base), with retailers in ICRAs sample set spending Rs 1,460 crore towards capex in FY2023, despite the demand slowdown in the value fashion segment.

In the current year, CDC has set its sights on becoming a worldwide sensation by expanding the competition to encompass the UK, EU, and APAC regions, and it has extended invitations to designers from all corners of the globe.

With an aim to give a global platform to fashion design talent across the world, Circular Design Challenge (CDC) has announced its worldwide expansion that culminates at the upcoming season of Lakme Fashion Week x FDCI. Presented by R|ElanTM, ...

With the aim to give a global platform to fashion design talent across world, Circular Design Challenge (CDC) has announced its worldwide expansion that culminates at the upcoming season of Lakmé Fashion Week in association with FDCI (Fashion Design Council of India). “Presented by R|Elan, the