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E-Commerce: The Game ChangerGrowth in the number of working women and increased disposable income has propelled the rise of online retail and e-shopping. The increase in e-commerce shopping has given a whole lot of advantage to brands and manufacturers operating in the women鈥檚 wear market. OPEN URL :u158.cc
According to Rishabh Oswal, Executive Director, Monte Carlo Fashion Ltd., which launched its activewear brand ‘Rock It’ last year finds the concept of activewear to be comparatively new for India. “Today, a significant number of people are motivated by good health and a fit life drives on various platforms. The activewear segment has emerged and is potent to tremendous growth in the years to come. Growing at a steady CAGR of 23.7 percent, the segment took a leap from Rs. 24,000 crore to Rs. 37,000 crore between the years 2014 and 2016. According to forecasts, the segment will grow at a CAGR of 11.3 percent by 2021,” he shares. OPEN URL :u158.cc
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Shekhawat feels that the women鈥檚 ethnic wear category will remain the fastest growing category in the next 5 to 10 years. The trend will be more towards fashion consciousness and there will be greater demand for high quality, fashionable and affordable fashion. OPEN URL :u158.cc
Commenting on the launch, Kundan Gugnani, Director of Dodo & Moa said, 鈥淰aani Kapoor as the face for the launch of the brand was an easy decision, her elegance goes perfectly with what the brand stands for. The fact that she is launching the brand on Amazon Fashion, in the Amazon Fashion studio just adds so much more value to the launch. The teams have done an amazing job pulling it off, all from the designs to the operations to the launch, Could not have asked for a better start to the brand.鈥?OPEN URL :u158.cc
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