Home / Knowledge / News / Apparel/Garments / Denim Club India reschedules InDIGO-3 to April 24
Denim Club India reschedules InDIGO-3 to April 24
10
Jan '14
Denim Club India has rescheduled the third edition of InDIGO, Asia’s one and only comprehensive denim B2B event which was scheduled to be held from 15th January, 2014 to 17 January, 2014. The event will now be held on 24-25-26 April, 2014 and the venue remains same as earlier, the International Trade Expocentre, Sector 62, Noida.

A recent report by Fibre2fashion.com mentions that, “Sustained input price increases, coupled with rising interest rates over the last two years against the backdrop of global economic slowdown, has put significant pressure on denim makers ‘margins. Against this backdrop, the depreciation of the rupee has further pushed up input costs and is forcing companies to minimize their losses while increasing sales in an intensely competitive environment.”

Based on the recent reports on the denim industry, it is evident that the manufacturers continue to feel the heat of rising input costs and the rise in cotton prices have dented the net profits of major denim players as they were unable to pass on the burden to buyers at a time when demand was already under pressure due to slowdown.

Denim Club has been closely monitoring the Indian denim industry scenario as well as interacting with key decision makers. Based on the discussions with senior decision makers and business owners representing various segments of the denim value chain regarding the current stagnancy and the prevailing negative sentiment in the denim industry, and considering the possibility that the situation might persist for a few weeks before it starts turning positive again, Denim Club has postponed the event which was scheduled for mid-January.

Denim Club believes that organizing the event in current scenario would not be very beneficial for the industry as the prevailing negative sentiment may have a strong adverse impact on the enthusiasm of participants and the volume of visitors to the event, thereby affecting the business generation prospects for the exhibitors.

Mr. R. Dudeja, Founder, Denim Club expressed “InDIGO is a unique platform for business networking of denim professionals. We want to hold on to its essence and cooperate with the industry during the rough times. This is the time to understand the pulse of the industry and the challenges being faced by the companies that are a part of the denim value chain.” 

While apologising for any inconvenience the rescheduling may have caused to its exhibitors and visitors, he further added that, “Denim Club will ensure that the rescheduled event offers the same, or even better, facilities and opportunities for branding and professional networking to all the participants and visitors.”

InDIGO-3 will now be held on 24th to 26th April, 2014 at International Trade Expocentre, Sector 62, Noida.

Denim Club India


Must ReadView All

UNIDO, eWTP discuss strengthening ties to back e-commmerce

Textiles | On 25th Apr 2018

UNIDO, eWTP discuss strengthening ties to back e-commmerce

United Nations Industrial Development Organisation director general...

Courtesy: HueTrap

Apparel/Garments | On 25th Apr 2018

Making sustainability affordable is a big challenge

In a lot of instances, being sustainable comes with an additional...

Courtesy: Formosa Petrochemical Corporation

Textiles | On 25th Apr 2018

Formosa to set up petrochemical plant in Louisiana

Formosa Petrochemical Corporation has selected St. James Parish in...

Interviews View All

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marten Alkhagen
Swerea IVF AB

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Robert Brunner
Devereux

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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