01.12.2022 Views

innovation in Activewear propelling its steady growth

We have seen global fashion industry struggling with massive inventory in 2022 that piled up in their stores and warehouses, partly due to shipping delays from sourcing countries and majorly due to retailers’ misjudgement of consumer demand, the ongoing recessionary trends and many other factors such as the ongoing Russia-Ukraine war.

We have seen global fashion industry struggling with massive inventory in 2022 that piled up in their stores and warehouses, partly due to shipping delays from sourcing countries and majorly due to retailers’ misjudgement of consumer demand, the ongoing recessionary trends and many other factors such as the ongoing Russia-Ukraine war.

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MANUFACTURING

“Understanding the customer

psychology, we found that

underwear is more a fashion

garment now and different styles

of packaging are there as well, but

things are slightly different when it

is MBO, EBO, e-commerce for the

same brand etc.”

Akhilesh Anand

MD, Carnation Creations

now and also requires additional

infrastructure. So along with

focusing on designs, we have added

anti-microbial finishes or whatever

is required for comfort, at the same

time, we have invested in all the

state-of-the-art machines required

for innerwear technology, so we can

offer the best in innerwear.”

“By giving the experience of

super-premium brands at

affordable prices, we have

successfully filled the vacuum in

the market. Year-on-year, we have

achieved 3x growth, so we have a

plan to increase our capacity and

the overall team as well.”

Vasanth Sampath

Co-founder, Tailor and Circus

Working with many top international

and national brands in India, Akhilesh

also highlights that it is not easy for

any mid-sized manufacturer to make

the fashion innerwear range due

to different styles and large SKUs.

The process gets complex owing to

fashion elements and changes made

by the client. Different channels have

different styles of packaging as well,

and things are slightly different when

it is MBO, EBO, e-commerce for the

same brand etc.

“We provide design inputs to brands

and solve their complexities, be it

packaging and delivery management,”

says Akhilesh.

Faso, a brand launched in 2019, has

recently expanded in Western India

through a dealer network, and is

adding almost one state every month.

Its target is to cover India very soon.

Further, it has massive plans for direct

retailing by opening 100 EBOs.

T. Gokulakrishnan, VP, Faso says,

“Due to complete vertical operations,

we can ensure true organic products

compared to any other company as we

have a strong hold right from ginning

to despatch of the final product. It also

makes us very cost-competitive and

increases trust in customers for our

products.” The company has advanced

infrastructure across the value chain

and the brand started with the vision to

offer pure organic innerwear to Indian

consumers.

“With the growing market, our focus

is to have a strong loyal consumer base

across India so that we can have longterm

sustained growth,” he adds.

Start-ups and D2C brands have

Faso is continuously growing in the market as well as increasing its product basket

Having state-of-the-art manufacturing units, Carnation Creations is making variety of products

and it has the vision to become a one-stop solution for brands and retailers

38 AO India | November 2022

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