4Textile.com World Textile & Apparel Industry Events, News
Event Name: Apparel Sourcing Week
Category: Trade Fairs
Event Date: 20 – 21 July, 2023
Frequency: Annual
Location: Sheraton Grand Bengaluru Whitefield Hotel & Convention Center, Prestige Shantiniketan Hoodi, Whitefield, Bangalore, Karnataka 560048 India
Organizer: Apparel Resources Private Limited – B-32, South Extension Part – I, New Delhi 110049 India
Email ID: exhibitors[at]apparelresources.com
Phone: +91 8920343245
Timings: 10:00 AM – 19:00 PM
Tickets: Visitor Registration Required – Click Here!
3rd Edition – Apparel Sourcing Week 2023: India’s Premier Sourcing Show for the Global Fashion Industry
Apparel Sourcing Week 2023: About
Apparel Sourcing Week 2023, (ASW) platform is aligned to the changing dynamics of the industry, moving in pace with evolving and shifting world trade of apparel sourcing while also acknowledging the changing needs and wants of the customer. The disruption of traditional business makes transparency an important backbone to partnerships, hence it is time that the layers in the buying process are reduced so that the buyer and supplier can work together in direct connect to serve the consumer more responsibly and with products that sell. To facilitate the seamless process of sourcing for greater transparency and reach, the Apparel Sourcing Week 2023, (ASW) platform offers the industry three independent verticals to enhance business opportunities for all players in the fashion retail chain, in an environment of networking, knowledge and inspiration. With the three verticals the supplier has marketing opportunities all around the year like never before, while the buyer has multiple avenues to search his perfect sourcing partner from South Asia.
The third edition of the event – to be hosted in Bengaluru in 20th – 21st July, 2023 will be in line with our vision to create the Apparel Sourcing Week as a Go-To Sourcing Platform for all retailers and brands looking for premium manufacturers from around the world. The show will open its doors to 150 manufacturers from India, Bangladesh, Vietnam, Sri Lanka, Myanmar, and China. Apparel Sourcing Week 2023 will also see the luxury manufacturers from these destinations that are producing high value apparel, in addition to mass producers of fashion.
The visitation will be from representatives of Indian retailers / brands, international retailers / brands working in Indian market and buyers from traditional markets like USA and Europe, as also the non-traditional markets where we believe the future lies like China, Japan & Australia.
Highlights 2023:
- 150 Exhibitors from Asia showcasing apparel, fabric & accessories.
- 50 Speakers from Retail & Manufacturing world.
- 10,000 Representatives of Brands, Retail stores and Apparel manufacturers from around the world.
- 30 Panel Discussions Open House Sessions, Vendor Meets & workshops.
Why participate in Apparel Sourcing Week 2023?
Networking
- Exchanging ideas to stay relevant is important. Use the Apparel Sourcing Week 2023 Platform to interact, connect and meet peers, competitors, influencers and people who matter to the fashion retail industry at numerous networking interventions, both online and offline.
Opportunity
- As the businesses consolidate, finding new opportunities to grow is very critical. The Apparel Sourcing Week 2023 Platform provides ways to search for new ideas, find new partners and go global in an interactive environment across multiple sourcing avenues.
Knowledge
- In an industry that is always looking for directions, the numerous knowledge sharing platforms both digital and on ground,graced by industry leaders will engage and enlighten on key issues surrounding the industry.
Inspiration
- With the new normal, the search for inspiration is on. Meet and interact with the people who can inspire a new journey. From fashion forecasting to success stories, ASW will inspire you in multiple ways.
Why Exhibit?
Why Exhibit … the reasons are too many to ignore
As a show that bridges the sourcing gap between the Asian manufacturers and global buyers with special emphasis on Indian retail, Apparel Sourcing Week 2023, scheduled to be announced at Sheraton Grande -Whitefield, Bengaluru is the first ever global sourcing platform in India.
1. Credible Organisers:
- This unique concept has been conceptualized and presented by Apparel Resources, the publishers of the widely read and respected magazines: Apparel Online and StitchWorld. With presence in India, Bangladesh and Vietnam, Apparel Resources is taking the lead in tapping the vibrancy of Asia as a manufacturing and prospective market destination.
2. Strategically located:
- Open economy, vibrant culture, and political stability with English as an official language has made India an ideal choice for setting up of operations by international brands and retailers for their sourcing needs from South East Asia. Also, many international buyers and manufacturers from all major consumption centers and manufacturing destinations frequently visit the country to create collections and source fabric, yarns and other fashion accessories.
3. Interact with global sourcing teams:
- Through a specially designed buyer program, the visitor team at Apparel Sourcing Week is meeting and inviting a good number of direct buyers from Europe, USA, Australia, Canada, Japan, looking to work with factories in this region. Meet these potential buyers as they search for new vendors.
4. Tap International brands / retailers through buying offices:
- India is the home to many buying houses that work with international wholesalers and importers catering to a large number of small retailers in the west. The event will give an opportunity to meet and discuss business with buying & sourcing teams of international retailers and brands.
5. Growing domestic fashion market:
- Sized at US $45 billion and projected to reach US $115 billion by 2026, Indian retail is driven by a strength of 1.2 billion people with an average age of 29, having the purchasing power to make the country the fourth largest economy and a potential market for manufacturing nations. The potential of local Indian retailers / brands, international retailers / brands and the growing digital platform for fashion, together create a dynamic market that is yet to realize its potential.
6. E-commerce is a growing opportunity:
- Besides the brick & mortar stores, there are numerous online fashion retailers that are looking to source for their in-house labels and brands that they manage. There are also opportunities to sell own brands/labels through supplier programs… get to know about all these new avenues of growth.
7. Targeted knowledge platforms:
- Apparel Sourcing Week 2023 will not only provide an opportunity to the exhibitors to showcase their company’s products and manufacturing capabilities but also will give them access to over 30 interactive knowledge and inspiration platforms to understand the evolving retail industry.
8. Invite only networking interventions:
- Many networking opportunities from dinners, lunch and recreational activities are planned to allow networking in a relaxed and informal setting. These exclusive opportunities will provide a platform to meet perspective business partners from around the world and unwind even as hectic activities at Apparel Sourcing Week keep the buzz going.
8 Quick Facts on why you should be at ASW 2023:
India is an emerging fashion consumption market
- The current fashion retail market in India, which is worth US $50 billion today, is projected to grow at a promising CAGR of 9.7 per cent to reach US $115 billion by 2026. More than 100 international brands and retailers have entered the Indian market in the past 5 years. The market is getting stronger as 200 local brands and retailers with 100+ stores & 300+ brands & retailers with 30+ stores are all on an expansion spree, while e-commerce is bridging the consumer divide between the metros and Tier-2 and Tier-3 cities. All these retail formats are searching for manufacturing partners.
Window to sourcing in South East Asia
- Political stability, rich cultural heritage, modern outlook and strong communication skills make India an ideal location to set up sourcing operations that oversee the region. 1500 big and small international brands have already established offices in India or are working through agents in India for the region. International buyers and manufacturers from all major consumption centres and manufacturing destinations frequently visit the country to create collections and source fabric, yarns and other fashion accessories. An obvious extension is to develop India as a window to sourcing in Asia. ASW is the first step in this direction.
Need for an Indo-global sourcing platform
- Although India has a huge and growing fashion retail market, the country does not have an international sourcing event that covers the needs of major retail markets, including India. Indian retailers are searching for the right platform to source with their peers from other retail destinations. The need is to have one consolidated sourcing platform for sourcing for all retailers around the world.
Exchange of ideas is the need of the hour
- Exhibitions now have to be more than just product displays, as the time of the buyer and exhibitor is very precious; so adding value is of supreme importance. There is an urgent need for a platform that allows the participants – visitors and exhibitors – to interact and discuss business opportunities in an environment that is charged with purpose. At ASW, equal focus is given on the exhibition and knowledge platform.
Buyers and suppliers want to collaborate
- International business is no longer about buying and selling, it is about collaborations along the supply chain. There is no event that fully understands and allows for interactive discussion that perpetuate collaborations, to forge relationships and understand concerns of the manufacturers from different destinations. The product development teams of both the retailers and the producers would also like to see latest display of fabric and accessories so as to begin their PD process in earnest. There is no such platform as yet that covers the entire gamut in garments.
Regional synergies critical to growth of the region
- The world is getting smaller and buyers look at regions and not individual countries when sourcing. Asia as a manufacturing hub has been at the centre of all sourcing teams, yet no buyer likes to place all their eggs in one basket and they spread out their sourcing needs to different countries to mitigate risk and also play on individual strengths. Recognising this, ASW has created compatibility among competition, so that the buyer finds all his needs at one source, as per specific market requirements.
Networking with Peers and competitors
- The days are gone when a competitor was looked upon as a rival, now it is important to have dialogue with peers and competitors to understand where the industry is going. This transparent exchange of ideas is only possible through extensive networking opportunities that ASW has devised. From networking lunches and dinners to golf tournaments and meditation sessions, ASW promises to create relations that are meaningful.
Fun and enjoyment along with business
- Doing business need not be a tiring and tedious job. Well-designed booths, all-day-long food and beverages, curated knowledge and inspirational platforms, all add to the wholesome experience. Post the three-day event, the fun continues with activities for our visitors and exhibitors that include options like tours to places of religious importance, after all, India is the birth place of Buddhism and Hinduism; visit to tourist spots like Mysore, Coorg and Ooty, tour of Vineyards in south India; Post Event Retail Tour and Trend/Design Inspiration Tour.
