Home / Knowledge / News / Apparel/Garments / Indian apparel retailers bank on EOSS to clear stocks
Indian apparel retailers bank on EOSS to clear stocks
Jan '12
Apparels retailers in India, who saw a decline in sales during the festive season, are now banking on the end-of-the-season sales (EOSS) to get rid of their inventories.

Speaking to fibre2fashion, Mr. Rahul Mehta, President - Clothing Manufacturing Association of India (CMAI), said “I see a bumper EOSS this season. It might help retailers to clear of their inventories.”

An informal survey by CMAI indicates that the apparel retail sector had de-growth of up to 5 percent y-o-y in volume terms, though values may see a growth of around 15 percent during the festive season in 2011. Mr. Mehta says, “One needs to compare this with a consistent growth of between 12 to 15 percent in volume terms witnessed by the apparel industry for the last 8 to 10 years.”

Talking about the factors that led to a decline in growth by about 5 percent in volume, he says, “The insane rise in input costs at the beginning of the year, combined with the most inappropriately timed excise duty, increased the final prices in the retail to a level that was resisted by the consumers. This combined with the overall sense of negativity in the economy, brought about a slump not seen by the Indian apparel retail industry for many years.”

Forecasting about the apparel retail sales during the post-EOSS period, the CMAI President says, “The bumper EOSS may be followed by a dull Spring Summer season, partly due to the sluggish sentiments both overall and in the industry, and partly because the consumer may have filled his/her wardrobes by heavy purchasing during the discount sales.”

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Jun 2017

Vietnam to build fashion, textile, trading centres

Vietnam's Ho Chi Minh City will build large centres for designing...

Textiles | On 27th Jun 2017

Barcelona’s Unitin develops recycled Indigo yarns

Unitin, a trademark of Industrias Morera SA and a leading textile...

Information Technology | On 27th Jun 2017

ThreadSol to bring fabric solutions to Thailand

ThreadSol, an enterprise material management provider for the sewn...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search