On July 19, the central government announced that it may act in favour of the manmade fabric (MMF) sector to address its issues with the goods and services tax (GST) and will make a decision by July 21.
From being a niche sector meant for the upwardly mobile, sportswear has a mass appeal now and is much more mainstream than it was earlier, according to the head of Alcis Sports, an Indian performance wear brand.
Growing at a rate of about 15 percent and registering double digit growth figure every year, the total retail sales in India is likely to rise from $717.73 billion during calendar year 2014 to $1,244.58 billion in 2018.
The New School's Parsons School of Design and Project announced their list of designers for the SS19 edition of their "Next in Class" program to give wholesale exposure to a select group of recent MFA and BFA graduates.
The CFDA/Vogue Fashion Fund finalists have been announced. The prestigious annual competition will again welcome 10 finalists to compete for the chance to win $400,000 and a mentorship to help develop their business.