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    Implementation of the Purchase Process: Partnership or Supplier
    Do you recognize this. You arrive at the store for a new mobile phone and just the model you had targeted is not available... It is a simple example, but stock delivery could make all the difference in you business.There are two main options in managing your supplies and suppliers. One in the client-supplier relationship and the other in a partnership.The advantage of the client-supplier relationship is that you are most flexible. You should take this construction if you are just starting with a new purchase process. Another advantage is the cost of this construction. You choose the supplier with the best cost-quality-ratio.Another situation in which the client-supplier relation is often preferred is for a product oriented business. Products characteristics are easy to compare and this facilitates the supplier selection.This is where partnerships are more profitable; for service oriented companies that are dependent on the input (service and or product) of third parties. To deliver a service you need much more commitment and knowledge in order to minimize the interface problems between both companies. Partnerships are less flexible because their return is measured on a longer-term bases. Again for developing services you need a constant interaction in which knowledge is exchanged. Changing to a new partner (supplier) when you have invested in knowledge exchange will lead to increased costs.In the example of the mobile phones you could choose either way, but a good fit would be the following. A partnership for the delivery part of the purchase process (where the phones get distributed to the various stores) and a client-supplier relation for each of the parties that offer the phones. So you make sure that phones are delivered on time and you are free to choose a new producer.© 2007 Hans Bool
    in India is still in its infant stage and, until in recent times, the accessibility of high quality intimate apparel was limited to irregular or grey imports sold under the counter. Because of the limited products and lack of enough specialized and organized retail atmosphere, the fashion realization and quality awareness of the Indian consumer for intimate apparel is yet to be realized.

    India is also one of the most scattered retail markets in the world. The products, so far, have been mainly marketed as a commodity and are price and margin oriented. Till today huge quantities of bras are sold to end users by male salespersons in mom-and-pop shops. Majorities of the stores do not even provide a trial room.

    As a consequence, large consumer base are not sure of the functional features of a bra or even their own sizes. When Gokaldas Intimatewear began developing Enamor, their first aim was good fit. Across India Enamor surveyed and measured 4,000 women. They noticed that 80 per cent of Indian women wore a uncomfortable fitting underwear. In India, bras were made only in B and C cup sizes, though Enamor's research found that most Indian women required A or D cup sizes. In India Triumph, Lovable Lingerie, Enamor, VIP, Juliet, Amul etc are major players in lingerie market. Today 70 per cent of the lingerie market of India is unorganised. But that can be replaced with the increase in the number of malls and quality-conscious consumers. For example, Lovable's growth of 20 per cent last year was sustained by new retail space.

    The joint market contribution of the leading five retailers in India totals less than two per cent. Though, Lingerie sales have increased by 12 per cent in the past five years because of a new awareness of intimatewear. Women's innerwear industry in India is worth Rs. 2,000 crore and is growing at an average rate of 12 per cent.

    Turkey and Bangladesh have already observed the potential and are aggressively promoting its innerwear industry. Many Asian countries are defeating India in the US, the world's biggest clothing importer. According to the US office of Textiles and Apparel, in 2002 the country imported 198,094,426 dozen pieces of cotton underwear. India's contribution in this was a paltry 2.36 per cent. In bras using manmade material, the US imported 37,676,800 dozen pieces. While China constituted 32 per cent of these, Indonesia had 10.5 per cent. Even Bangladesh had 1 per cent. However, India exported a meager 0.65 per cent. Though, there is a great potential to be taped if approached in an organized manner with a proper set up.

    Womenswear: the most profitable segment

    The Rs.28,375-crore womenswear apparel segment covers 32.1 percent share of the Indian apparel market in value

    Answer To Relieving Pain In Business
    The previous Sangaraja, the Supreme Patriarch of the monastic order (of Thailand), once went on a tour of China, where someone offered him a very beautiful teacup. It was unlike anything he'd ever seen. He thought, "Oh! The people here have real faith in me, to offer me this beautiful teacup!" And as soon as the teacup was in his hand, immediately he was suffering. Where should I put it? Where is safe to keep it? He couldn't stop worrying it would break.Before he had that teacup, he was fine. Once he had it, he wanted to show it off to the people back home in Thailand. He put it in his bag and kept telling everyone to watch out that the teacup didn't get broken. "Hey! Careful, please!" Everywhere he was watching out for it. He had nothing but suffering. Before, this suffering didn't exist, but now there was the heaviness of having the teacup.So he boarded his plane back to Thailand. When he arrived he warned the novices, "Be careful! Don't let the teacup break! You laypeople, watch out! There's something fragile here!" This went on all the time, suffering because of attachment to the cup. Finally, one day, a long time later, a novice picked it up and it slipped from his hand and broke. What relief the Sangharaja felt. "Ah, I am free! Suffering all these years."In business, don't you feel that sometimes a company might be holding on to something (a business unit, an asset or even a liability) which is loss making or even profit making all the while? (not based on any business rationale). The board of directors might fight within themselves on whether to keep or discard the business unit i.e. causing frustration and suffering to the company. If such a business item can be let go, the Company could have possibly moved on to greater heights in unity.
    The journey of lingerie from 'cotte' to trendy intimatewear

    The existence of lingerie is as old as the existence of women who wear it. In the middle ages things were easygoing as women wore various corset-like alternatives like the cotte, the bliaunt and the surcot, which move on easily over their dresses and hold the breasts firmly. Wearing underwear/corsets has been practiced since the ancient civilization of Egypt and Greece, where women wore corsets to support their breasts. Bras have been worn in all ages to support women's breasts and give them a fashionable look.

    18th Century: It is believed that the history of underwear started in the 18th century. The padded silhouette with a flat stomach, slim waist and cone-shaped bust was a style. The corset, a vital part of any woman's clothing at that time, gave the body a typical shape, squeezing the internal organs and making them feel comfortable. Extreme usage of satin, silk and damask decorated with embroidery, ribbons and laces gave the effect of artistry.

    19th Century: Women wore corsets, crinolines and bustles. The S-shaped silhouette trend started at that time. Women wore underwear like knickers, corset, camisole and waist slip.

    20th Century: Lingerie turned out to be simpler and more practical. Corsets were replaced by a more flexible girdle modern bra. Pastel colours for lingerie came into existence. In 1910 boyish silhouette became a trend. The first brassiere to have a patent, which was accepted largely, was a bra invented by a young New York socialite named Mary Phelps Jacob in 1910. In the 1930s femininity became a fashion trend. A woman was covered by the one-piece garments known as corsets including a curved and bust-emphasizing brassiere and girdle with garters. But one-piece corsets were accepted largely and panties were reduced in size and finally gained the shape of bikini briefs.

    21st century-the era of intimacy-intimatewear: In this era the fashion is pushing women to exhibit the underwear as outerwear which is worn for the sensitive pleasure of a partner. Lingerie is considered as the second skin by many women. In the present era, women have more choices than ever in terms of style, design, fabrics etc. Since many centuries fashion in connection to lingerie styles was toggling between the feminine and masculine, painful and practical. In the recent time, lingerie is the most attractive, luxurious and feminine clothing that is worn intimately and respected for its practicality and comfort.

    Worldwide Market Growth Forecast of Lingerie

    Today, the main concern about marketing the lingerie products is the fight for share between global brands and retailers' local labels worldwide. It is also about consumers' choice and acceptance of brand. With its matchless combination of fashion and function, lingerie is a product category that crosses the fine line between necessity and luxury. Besides these features, it has increased into about a US$30 billion-a-year industry and placed itself for further growth over the next five years.

    To know the global lingerie market, it is essential to check out not only the competition between brands, but also the separate bra-wars taking place between brands and local retail labels. The leading player among lingerie brands worldwide is United States-based manufacturer Sara Lee, which has a major market share in its home country as well as the European market. After Sara Lee there exist companies like Warnaco, Fruit of the Loom, VF and Maidenform, in Europe Triumph also possess a major market share. The more comfy La Perla, meanwhile, is atop the high end of the world lingerie market.

    In the retail sector, US chain Victoria's Secret, the UK's Knickerbox and northern European retailer Hunkemoller provide to the specialist market, but the huge quantity of lingerie is traded by clothing retailers like Marks & Spencer and hypermarkets like Wal-Mart and Carrefour. Though, the tendency is to be robust on briefs than bras, and repeatedly sell these items in multiple packs. While the leading retailers and brands keep up to propel the market, the nature of uniqueness demands that there is also a push of smaller, more up market labels that offer to a few niche.

    Of the total world lingerie market, amounted to US$29.5 billion annually in 2003, bras calculated to 56 per cent of total sales, while briefs and the body wear/daywear/shape wear category add 32 per cent and 12 per cent in that order. Of about 6.4 billion bras and briefs were procured worldwide in 2003. The report shows that the average woman buys two bras and five pairs of briefs per year. Lingerie sales in the developed world are observed to be basic fashion-driven, with the average woman having six bras and eight pairs of briefs in her wardrobe - more than she usually requires.

    The buying of these products is normally determined by style factors, like as what styles (g-string, padded bra) look best under certain types of clothing, or what colors appear best. In the past, this picture has not been right for developing countries where lingerie is bought more out of need than desire. Though, population growth, unstable demographics and the appearance of consumers with more disposable income is changing purchasing habits in these regions, and the lingerie market is projected to gain advantage from this opportunity.

    According to a research report, the global lingerie market was calculated to be $29.15-billion (U.S.) in 2004 and is projected to increase (at the rate of about 9 per cent) to $31.6-billion in 2012. And the product category that will have the quickest growth is "bodywear, daywear and shapewear."

    Despite this noteworthy growth, demand for lingerie in the developed world has been observed to be rising at about five per cent (based on low population growth, ageing demographics and product saturation), while that of the rest of the world is projected to increase by almost 20 per cent.

    While this turns out to be a fairly steady 7 per cent raise in world volume to 6.8 billion units, it also amounts to massive growth in developing nations. This will go together by a noteworthy push towards offshore manufacturing in countries like China and India, as continuing enhancement in technology and communications make such alternatives far more cost effective than the domestic alternative. Markets that are expected to develop in the future include the Indian sub-continent, China and Southeast Asia. India and China are projected to increase their international market share by about US$100 million each, while Southeast Asia, already a leading market for lingerie, will increase by US$350 million in value.

    Given that price points in these sub-regions are somewhat low; this expected growth shows an opportunity in huge quantity for lingerie companies. Products which shape the body and offer smooth curves are observed as a key growth sector for baby boomer lingerie buyers. New and innovative fabrics like Lycra and microfibers will keep on featuring a lot in this segment.

    Prices to keep steady

    With downward price emphasis at a retail level compensating any attempts at increasing manufacturers' costs, prices are not anticipated to have any noteworthy impact on lingerie market growth in the developed world till 2010. Though, value growth in the developing world is more complicated to estimate, due to the extensive trading in the gray or black markets and, hence, not at normal retail prices. Nonetheless, Sara Lee is anticipated to keep on its dominance of the developed world market and formulate sizable inroads into other markets over the next five years - even in the challenge of financial problems faced by competitors such as Warnaco and Maidenform. Along with it the low profile and hence low debt European companies like Triumph and Wolford will keep surviving. It is understandable that high-volume growth for lingerie's leasing players will come from emerging markets, while, in a sector where discrimination is important, beneficial business will also be held by niche marketers. Fortunately for all matter, lingerie is pushed by female consumers' loyalty to brand, fit and comfort, making it as one of the more financially strong segment in the apparel market.

    China

    China exported 4.2 billion pieces of women's undergarments in 2004, a 30 percent raise from 2003. In China, Shantou is one of the leading manufacturing hubs for women's undergarments with well-set up and good factory management systems, offering prompt service and efficient supply chain system. This harbor city in Guangdong province exported women's underwear worth $650 million in 2004, accounting to be the third of China's outbound shipments of the product. Shantou possesses more than 1,500 suppliers, about 150 of who export directly. Shantou's associated towns of Gurao, Xiashan, Chendian and Liangying are the leading manufacturing areas. Gurao, the biggest center, has more than 440 undergarment makers. Annual sales reach $260 million, including 564 million brassieres and 180 million pairs of underpants. Shantou is renowned across China as a major producer of knitted underwear. Xiashan and Chendian each produce more than $100 million worth of women's undergarments per year.

    Suppliers in Shantou vary from small companies with 50 workers to big manufacturers with 1,500 employees. Though, small and midsize suppliers constitute the major companies. Many suppliers possess vertically integrated production with in-house fabric knitting, dyeing, finishing and printing, and garment sewing, embroidery and packing capability. The city's bra and panty suppliers target on midrange models, but high-end designs are also made by them. Approximately 90 per cent of output is for OEM orders.

    Seamless bras and panties are trendy designs which are more preferable now a days. Hanzina Underwear Co. Ltd, a leading supplier of such products, has invested a huge amount in 20 Santoni circular knitting machines from Italy, two warp knitting systems and 350 sewing machines. The company makes 200,000 pieces per month. The use of lace and embroidered fabrics is also well-liked among Shantou suppliers. Chengtai Underwear Knitting Factory makes bra and panty sets with lace trimmings, embroidery or prints.

    The midsize company makes undergarments for Wal-Mart and donna l'oren. Hongjie Underwear Industrial Co. is also a leading producer with 1,500 workers and fully integrated production that covers fabric knitting and sewing. The company provides fancy bras and panties in crocheted fabrics, intricate prints and embroidery. The company also produces items like push-up and convertible brassieres.

    Many companies are making efforts to decrease their lead and delivery times. Shantou's port, one of the 20 leading harbors in China, transports cargo to many countries and regions. This facilitates suppliers to provide convenient shipping to foreign buyers and supports in continuation in transportation at cheaper rates.

    India

    The lingerie market in India is still in its infant stage and, until in recent times, the accessibility of high quality intimate apparel was limited to irregular or grey imports sold under the counter. Because of the limited products and lack of enough specialized and organized retail atmosphere, the fashion realization and quality awareness of the Indian consumer for intimate apparel is yet to be realized.

    India is also one of the most scattered retail markets in the world. The products, so far, have been mainly marketed as a commodity and are price and margin oriented. Till today huge quantities of bras are sold to end users by male salespersons in mom-and-pop shops. Majorities of the stores do not even provide a trial room.

    As a consequence, large consumer base are not sure of the functional features of a bra or even their own sizes. When Gokaldas Intimatewear began developing Enamor, their first aim was good fit. Across India Enamor surveyed and measured 4,000 women. They noticed that 80 per cent of Indian women wore a uncomfortable fitting underwear. In India, bras were made only in B and C cup sizes, though Enamor's research found that most Indian women required A or D cup sizes. In India Triumph, Lovable Lingerie, Enamor, VIP, Juliet, Amul etc are major players in lingerie market. Today 70 per cent of the lingerie market of India is unorganised. But that can be replaced with the increase in the number of malls and quality-conscious consumers. For example, Lovable's growth of 20 per cent last year was sustained by new retail space.

    The joint market contribution of the leading five retailers in India totals less than two per cent. Though, Lingerie sales have increased by 12 per cent in the past five years because of a new awareness of intimatewear. Women's innerwear industry in India is worth Rs. 2,000 crore and is growing at an average rate of 12 per cent.

    Turkey and Bangladesh have already observed the potential and are aggressively promoting its innerwear industry. Many Asian countries are defeating India in the US, the world's biggest clothing importer. According to the US office of Textiles and Apparel, in 2002 the country imported 198,094,426 dozen pieces of cotton underwear. India's contribution in this was a paltry 2.36 per cent. In bras using manmade material, the US imported 37,676,800 dozen pieces. While China constituted 32 per cent of these, Indonesia had 10.5 per cent. Even Bangladesh had 1 per cent. However, India exported a meager 0.65 per cent. Though, there is a great potential to be taped if approached in an organized manner with a proper set up.

    Womenswear: the most profitable segment

    The Rs.28,375-crore womenswear apparel segment covers 32.1 percent share of the Indian apparel market in value

    Wireless High risk Merchant Accounts
    Pornography, a multi-million industry, is good business. Adult videos and magazines are always doing brisk sales. But aside from these forms of media, billions of people around the world turn to the Internet to access pornography. Finding an Internet connection is not hard these days. Some people no longer use a traditional plug-in modem to connect to the web, and instead use wireless modems and cellular phones. This becomes a big problem for people who run adult websites because it is now easy to hack into their sites and enter it illegally.Getting your own siteSo how does one run this kind of business? The most important thing you need before anything else is to have a merchant account. This is an account that allows you to collect credit card fees from your clients. Adult sites are considered "high risk" because they are the kind of business that usually runs "offshore." It means that they do not really have a physical establishment. They are also considered "high risk" because they are often victims of Internet fraud.Hacking into the accountsComputer hackers are able to access these kinds of site without paying a dime by stealing account passwords. This is done through "trash diving." Hackers go through trash cans and search for invoices or ATM receipts that contain useful information such as credit card information. Once they find these accounts, they now can enter any website and charge the fees to the accounts they have just hacked into. Aside from this, they can also give these passwords to fellow hackers who can enter your site for free, thus reducing your profit.The problem with these hackers is that tracking them down is almost impossible. Hackers use high end lap tops and wireless modems to connect to the Internet. Because of the mobility of these hackers, tracking them and the transactions they have made is very difficult.The best way to keep yourself protected from hackers is to always be vigilant and cautious when running your website. Learning more about the methods hackers use can certainly be useful, as well.
    of brand. With its matchless combination of fashion and function, lingerie is a product category that crosses the fine line between necessity and luxury. Besides these features, it has increased into about a US$30 billion-a-year industry and placed itself for further growth over the next five years.

    To know the global lingerie market, it is essential to check out not only the competition between brands, but also the separate bra-wars taking place between brands and local retail labels. The leading player among lingerie brands worldwide is United States-based manufacturer Sara Lee, which has a major market share in its home country as well as the European market. After Sara Lee there exist companies like Warnaco, Fruit of the Loom, VF and Maidenform, in Europe Triumph also possess a major market share. The more comfy La Perla, meanwhile, is atop the high end of the world lingerie market.

    In the retail sector, US chain Victoria's Secret, the UK's Knickerbox and northern European retailer Hunkemoller provide to the specialist market, but the huge quantity of lingerie is traded by clothing retailers like Marks & Spencer and hypermarkets like Wal-Mart and Carrefour. Though, the tendency is to be robust on briefs than bras, and repeatedly sell these items in multiple packs. While the leading retailers and brands keep up to propel the market, the nature of uniqueness demands that there is also a push of smaller, more up market labels that offer to a few niche.

    Of the total world lingerie market, amounted to US$29.5 billion annually in 2003, bras calculated to 56 per cent of total sales, while briefs and the body wear/daywear/shape wear category add 32 per cent and 12 per cent in that order. Of about 6.4 billion bras and briefs were procured worldwide in 2003. The report shows that the average woman buys two bras and five pairs of briefs per year. Lingerie sales in the developed world are observed to be basic fashion-driven, with the average woman having six bras and eight pairs of briefs in her wardrobe - more than she usually requires.

    The buying of these products is normally determined by style factors, like as what styles (g-string, padded bra) look best under certain types of clothing, or what colors appear best. In the past, this picture has not been right for developing countries where lingerie is bought more out of need than desire. Though, population growth, unstable demographics and the appearance of consumers with more disposable income is changing purchasing habits in these regions, and the lingerie market is projected to gain advantage from this opportunity.

    According to a research report, the global lingerie market was calculated to be $29.15-billion (U.S.) in 2004 and is projected to increase (at the rate of about 9 per cent) to $31.6-billion in 2012. And the product category that will have the quickest growth is "bodywear, daywear and shapewear."

    Despite this noteworthy growth, demand for lingerie in the developed world has been observed to be rising at about five per cent (based on low population growth, ageing demographics and product saturation), while that of the rest of the world is projected to increase by almost 20 per cent.

    While this turns out to be a fairly steady 7 per cent raise in world volume to 6.8 billion units, it also amounts to massive growth in developing nations. This will go together by a noteworthy push towards offshore manufacturing in countries like China and India, as continuing enhancement in technology and communications make such alternatives far more cost effective than the domestic alternative. Markets that are expected to develop in the future include the Indian sub-continent, China and Southeast Asia. India and China are projected to increase their international market share by about US$100 million each, while Southeast Asia, already a leading market for lingerie, will increase by US$350 million in value.

    Given that price points in these sub-regions are somewhat low; this expected growth shows an opportunity in huge quantity for lingerie companies. Products which shape the body and offer smooth curves are observed as a key growth sector for baby boomer lingerie buyers. New and innovative fabrics like Lycra and microfibers will keep on featuring a lot in this segment.

    Prices to keep steady

    With downward price emphasis at a retail level compensating any attempts at increasing manufacturers' costs, prices are not anticipated to have any noteworthy impact on lingerie market growth in the developed world till 2010. Though, value growth in the developing world is more complicated to estimate, due to the extensive trading in the gray or black markets and, hence, not at normal retail prices. Nonetheless, Sara Lee is anticipated to keep on its dominance of the developed world market and formulate sizable inroads into other markets over the next five years - even in the challenge of financial problems faced by competitors such as Warnaco and Maidenform. Along with it the low profile and hence low debt European companies like Triumph and Wolford will keep surviving. It is understandable that high-volume growth for lingerie's leasing players will come from emerging markets, while, in a sector where discrimination is important, beneficial business will also be held by niche marketers. Fortunately for all matter, lingerie is pushed by female consumers' loyalty to brand, fit and comfort, making it as one of the more financially strong segment in the apparel market.

    China

    China exported 4.2 billion pieces of women's undergarments in 2004, a 30 percent raise from 2003. In China, Shantou is one of the leading manufacturing hubs for women's undergarments with well-set up and good factory management systems, offering prompt service and efficient supply chain system. This harbor city in Guangdong province exported women's underwear worth $650 million in 2004, accounting to be the third of China's outbound shipments of the product. Shantou possesses more than 1,500 suppliers, about 150 of who export directly. Shantou's associated towns of Gurao, Xiashan, Chendian and Liangying are the leading manufacturing areas. Gurao, the biggest center, has more than 440 undergarment makers. Annual sales reach $260 million, including 564 million brassieres and 180 million pairs of underpants. Shantou is renowned across China as a major producer of knitted underwear. Xiashan and Chendian each produce more than $100 million worth of women's undergarments per year.

    Suppliers in Shantou vary from small companies with 50 workers to big manufacturers with 1,500 employees. Though, small and midsize suppliers constitute the major companies. Many suppliers possess vertically integrated production with in-house fabric knitting, dyeing, finishing and printing, and garment sewing, embroidery and packing capability. The city's bra and panty suppliers target on midrange models, but high-end designs are also made by them. Approximately 90 per cent of output is for OEM orders.

    Seamless bras and panties are trendy designs which are more preferable now a days. Hanzina Underwear Co. Ltd, a leading supplier of such products, has invested a huge amount in 20 Santoni circular knitting machines from Italy, two warp knitting systems and 350 sewing machines. The company makes 200,000 pieces per month. The use of lace and embroidered fabrics is also well-liked among Shantou suppliers. Chengtai Underwear Knitting Factory makes bra and panty sets with lace trimmings, embroidery or prints.

    The midsize company makes undergarments for Wal-Mart and donna l'oren. Hongjie Underwear Industrial Co. is also a leading producer with 1,500 workers and fully integrated production that covers fabric knitting and sewing. The company provides fancy bras and panties in crocheted fabrics, intricate prints and embroidery. The company also produces items like push-up and convertible brassieres.

    Many companies are making efforts to decrease their lead and delivery times. Shantou's port, one of the 20 leading harbors in China, transports cargo to many countries and regions. This facilitates suppliers to provide convenient shipping to foreign buyers and supports in continuation in transportation at cheaper rates.

    India

    The lingerie market in India is still in its infant stage and, until in recent times, the accessibility of high quality intimate apparel was limited to irregular or grey imports sold under the counter. Because of the limited products and lack of enough specialized and organized retail atmosphere, the fashion realization and quality awareness of the Indian consumer for intimate apparel is yet to be realized.

    India is also one of the most scattered retail markets in the world. The products, so far, have been mainly marketed as a commodity and are price and margin oriented. Till today huge quantities of bras are sold to end users by male salespersons in mom-and-pop shops. Majorities of the stores do not even provide a trial room.

    As a consequence, large consumer base are not sure of the functional features of a bra or even their own sizes. When Gokaldas Intimatewear began developing Enamor, their first aim was good fit. Across India Enamor surveyed and measured 4,000 women. They noticed that 80 per cent of Indian women wore a uncomfortable fitting underwear. In India, bras were made only in B and C cup sizes, though Enamor's research found that most Indian women required A or D cup sizes. In India Triumph, Lovable Lingerie, Enamor, VIP, Juliet, Amul etc are major players in lingerie market. Today 70 per cent of the lingerie market of India is unorganised. But that can be replaced with the increase in the number of malls and quality-conscious consumers. For example, Lovable's growth of 20 per cent last year was sustained by new retail space.

    The joint market contribution of the leading five retailers in India totals less than two per cent. Though, Lingerie sales have increased by 12 per cent in the past five years because of a new awareness of intimatewear. Women's innerwear industry in India is worth Rs. 2,000 crore and is growing at an average rate of 12 per cent.

    Turkey and Bangladesh have already observed the potential and are aggressively promoting its innerwear industry. Many Asian countries are defeating India in the US, the world's biggest clothing importer. According to the US office of Textiles and Apparel, in 2002 the country imported 198,094,426 dozen pieces of cotton underwear. India's contribution in this was a paltry 2.36 per cent. In bras using manmade material, the US imported 37,676,800 dozen pieces. While China constituted 32 per cent of these, Indonesia had 10.5 per cent. Even Bangladesh had 1 per cent. However, India exported a meager 0.65 per cent. Though, there is a great potential to be taped if approached in an organized manner with a proper set up.

    Womenswear: the most profitable segment

    The Rs.28,375-crore womenswear apparel segment covers 32.1 percent share of the Indian apparel market in value

    Joint Venture Principles And Practices
    In contrast, they may need to combine their abilities for only a limited period, or only for carrying out a specific project. Because of the relatively short duration of such an association, a permanent arrangement such as a partnership would be unsuitable and unnecessary. In such cases, parties often enter into a more informal type of association known as a joint venture. A joint venture is an association similar to a partnership, but which is entered into for a limited and specific object. These days they are frequently used in large construction projects.As a result of this latter development, large companies have become involved in 'long-term' joint ventures and suitable accounting accountability of their interests in such ventures has become essential.There are two possible methods of accounting that can be used for such joint ventures: (1) a separate set of accounting books is provided, in the same way as a partnership. In this case no particular accounting problem exists. All transactions are recorded according to the double entry system and an income statement and balance sheet are prepared in the usual manner, (2) a separate set of accounting books is not provided. Because of the relatively short duration of many types of joint venture, separate accounting books are often not provided.In a joint venture each party, by mutual agreement, assumes responsibility for certain specific tasks in order that the objectives of the joint venture may be achieved. For example, one party may purchase certain goods on behalf of the joint venture and send them to another party who is responsible for sales. At specific times (e.g. when the venture has been concluded or at other specific times) each entrepreneur must provide the other parties with a complete financial accounting report of all his transactions on behalf of the joint venture.In order to do this, each entrepreneur records the transactions that he concludes on behalf of the joint venture in his own accounting books, in a special account in the ledger, 'Joint venture with X'. The accounting report that a joint venturer provides the other joint venturer will be a summary of the transactions recorded in this account. When all parties have submitted their accounting reports to each other, a joint accounting statement is prepared from this information to determine the result of the venture. This joint statement is also known as a memorandum statement and is prepared separately from the relevant accounting reports. It does not form part of the double entry accounting system in any particular set of accounting books.The profit and loss of the venture as determined from the memorandum st
    rate of about 9 per cent) to $31.6-billion in 2012. And the product category that will have the quickest growth is "bodywear, daywear and shapewear."

    Despite this noteworthy growth, demand for lingerie in the developed world has been observed to be rising at about five per cent (based on low population growth, ageing demographics and product saturation), while that of the rest of the world is projected to increase by almost 20 per cent.

    While this turns out to be a fairly steady 7 per cent raise in world volume to 6.8 billion units, it also amounts to massive growth in developing nations. This will go together by a noteworthy push towards offshore manufacturing in countries like China and India, as continuing enhancement in technology and communications make such alternatives far more cost effective than the domestic alternative. Markets that are expected to develop in the future include the Indian sub-continent, China and Southeast Asia. India and China are projected to increase their international market share by about US$100 million each, while Southeast Asia, already a leading market for lingerie, will increase by US$350 million in value.

    Given that price points in these sub-regions are somewhat low; this expected growth shows an opportunity in huge quantity for lingerie companies. Products which shape the body and offer smooth curves are observed as a key growth sector for baby boomer lingerie buyers. New and innovative fabrics like Lycra and microfibers will keep on featuring a lot in this segment.

    Prices to keep steady

    With downward price emphasis at a retail level compensating any attempts at increasing manufacturers' costs, prices are not anticipated to have any noteworthy impact on lingerie market growth in the developed world till 2010. Though, value growth in the developing world is more complicated to estimate, due to the extensive trading in the gray or black markets and, hence, not at normal retail prices. Nonetheless, Sara Lee is anticipated to keep on its dominance of the developed world market and formulate sizable inroads into other markets over the next five years - even in the challenge of financial problems faced by competitors such as Warnaco and Maidenform. Along with it the low profile and hence low debt European companies like Triumph and Wolford will keep surviving. It is understandable that high-volume growth for lingerie's leasing players will come from emerging markets, while, in a sector where discrimination is important, beneficial business will also be held by niche marketers. Fortunately for all matter, lingerie is pushed by female consumers' loyalty to brand, fit and comfort, making it as one of the more financially strong segment in the apparel market.

    China

    China exported 4.2 billion pieces of women's undergarments in 2004, a 30 percent raise from 2003. In China, Shantou is one of the leading manufacturing hubs for women's undergarments with well-set up and good factory management systems, offering prompt service and efficient supply chain system. This harbor city in Guangdong province exported women's underwear worth $650 million in 2004, accounting to be the third of China's outbound shipments of the product. Shantou possesses more than 1,500 suppliers, about 150 of who export directly. Shantou's associated towns of Gurao, Xiashan, Chendian and Liangying are the leading manufacturing areas. Gurao, the biggest center, has more than 440 undergarment makers. Annual sales reach $260 million, including 564 million brassieres and 180 million pairs of underpants. Shantou is renowned across China as a major producer of knitted underwear. Xiashan and Chendian each produce more than $100 million worth of women's undergarments per year.

    Suppliers in Shantou vary from small companies with 50 workers to big manufacturers with 1,500 employees. Though, small and midsize suppliers constitute the major companies. Many suppliers possess vertically integrated production with in-house fabric knitting, dyeing, finishing and printing, and garment sewing, embroidery and packing capability. The city's bra and panty suppliers target on midrange models, but high-end designs are also made by them. Approximately 90 per cent of output is for OEM orders.

    Seamless bras and panties are trendy designs which are more preferable now a days. Hanzina Underwear Co. Ltd, a leading supplier of such products, has invested a huge amount in 20 Santoni circular knitting machines from Italy, two warp knitting systems and 350 sewing machines. The company makes 200,000 pieces per month. The use of lace and embroidered fabrics is also well-liked among Shantou suppliers. Chengtai Underwear Knitting Factory makes bra and panty sets with lace trimmings, embroidery or prints.

    The midsize company makes undergarments for Wal-Mart and donna l'oren. Hongjie Underwear Industrial Co. is also a leading producer with 1,500 workers and fully integrated production that covers fabric knitting and sewing. The company provides fancy bras and panties in crocheted fabrics, intricate prints and embroidery. The company also produces items like push-up and convertible brassieres.

    Many companies are making efforts to decrease their lead and delivery times. Shantou's port, one of the 20 leading harbors in China, transports cargo to many countries and regions. This facilitates suppliers to provide convenient shipping to foreign buyers and supports in continuation in transportation at cheaper rates.

    India

    The lingerie market in India is still in its infant stage and, until in recent times, the accessibility of high quality intimate apparel was limited to irregular or grey imports sold under the counter. Because of the limited products and lack of enough specialized and organized retail atmosphere, the fashion realization and quality awareness of the Indian consumer for intimate apparel is yet to be realized.

    India is also one of the most scattered retail markets in the world. The products, so far, have been mainly marketed as a commodity and are price and margin oriented. Till today huge quantities of bras are sold to end users by male salespersons in mom-and-pop shops. Majorities of the stores do not even provide a trial room.

    As a consequence, large consumer base are not sure of the functional features of a bra or even their own sizes. When Gokaldas Intimatewear began developing Enamor, their first aim was good fit. Across India Enamor surveyed and measured 4,000 women. They noticed that 80 per cent of Indian women wore a uncomfortable fitting underwear. In India, bras were made only in B and C cup sizes, though Enamor's research found that most Indian women required A or D cup sizes. In India Triumph, Lovable Lingerie, Enamor, VIP, Juliet, Amul etc are major players in lingerie market. Today 70 per cent of the lingerie market of India is unorganised. But that can be replaced with the increase in the number of malls and quality-conscious consumers. For example, Lovable's growth of 20 per cent last year was sustained by new retail space.

    The joint market contribution of the leading five retailers in India totals less than two per cent. Though, Lingerie sales have increased by 12 per cent in the past five years because of a new awareness of intimatewear. Women's innerwear industry in India is worth Rs. 2,000 crore and is growing at an average rate of 12 per cent.

    Turkey and Bangladesh have already observed the potential and are aggressively promoting its innerwear industry. Many Asian countries are defeating India in the US, the world's biggest clothing importer. According to the US office of Textiles and Apparel, in 2002 the country imported 198,094,426 dozen pieces of cotton underwear. India's contribution in this was a paltry 2.36 per cent. In bras using manmade material, the US imported 37,676,800 dozen pieces. While China constituted 32 per cent of these, Indonesia had 10.5 per cent. Even Bangladesh had 1 per cent. However, India exported a meager 0.65 per cent. Though, there is a great potential to be taped if approached in an organized manner with a proper set up.

    Womenswear: the most profitable segment

    The Rs.28,375-crore womenswear apparel segment covers 32.1 percent share of the Indian apparel market in value

    Medical Billing - DME Software Updates
    In this installment of DME software for medical billing, we're going to cover one of the most important parts of the system, updates.As much as medical billers would like the DME and medical billing industry to be stagnant, that is just not the case. Regulations are constantly changing as well as prices, diagnosis codes, procedure codes, electronic billing specifications and on and on. So what does one do when they just got the latest software and one week later Medicare pricing for wheelchairs has just changed? That's where updates are so important.In the DME system, there are a number of updates and not all of them are done at the same time. Some are done monthly, some quarterly and some are done whenever needed. For example, diagnosis codes and procedure codes are usually updated on a quarterly basis. These updates, however, are not automatically done by the system. Each DME system is different. Some have updates that you get via the mail in the form of a CD and have to install yourself. Other systems have updates that you can get via the Internet. In most cases, these updates are not included with the software package and not free. You need to subscribe to the service in order to get them. This is particularly true with diagnosis codes and procedure codes.In the matter of electronic billing module updates, these usually are included with the purchase of the electronic billing package for each carrier. Part of the contract that comes with these modules includes updates for life. Usually there is a small yearly fee to get them. Some companies actually provide free updates because the software itself is so expensive.In the matter of price changes, these work a little differently. Prices for Medicare and Medicaid allowables usually don't change often. Usually, they only change once a year. Sometimes they may not change for a couple of years. These updates, because they are so seldom, usually are included with the software at no extra charge, though you can bet that the actual cost of the software has these updates factored into the price at the time of purchase.And then there are odds and ends updates for things such forms. Medical billing forms are always changing because the carriers are always trying to find better ways to do things. One of the most nerve wracking jobs of the biller is to keep up with all the forms changes. Because these changes occur so often, the actual changes to the software are done on an as needed basis and the charges are per form. This is where the software makers usually make a good deal of their money. Some do offer contracts where the biller pays a yearly fee, usually quite high and the softw
    >China exported 4.2 billion pieces of women's undergarments in 2004, a 30 percent raise from 2003. In China, Shantou is one of the leading manufacturing hubs for women's undergarments with well-set up and good factory management systems, offering prompt service and efficient supply chain system. This harbor city in Guangdong province exported women's underwear worth $650 million in 2004, accounting to be the third of China's outbound shipments of the product. Shantou possesses more than 1,500 suppliers, about 150 of who export directly. Shantou's associated towns of Gurao, Xiashan, Chendian and Liangying are the leading manufacturing areas. Gurao, the biggest center, has more than 440 undergarment makers. Annual sales reach $260 million, including 564 million brassieres and 180 million pairs of underpants. Shantou is renowned across China as a major producer of knitted underwear. Xiashan and Chendian each produce more than $100 million worth of women's undergarments per year.

    Suppliers in Shantou vary from small companies with 50 workers to big manufacturers with 1,500 employees. Though, small and midsize suppliers constitute the major companies. Many suppliers possess vertically integrated production with in-house fabric knitting, dyeing, finishing and printing, and garment sewing, embroidery and packing capability. The city's bra and panty suppliers target on midrange models, but high-end designs are also made by them. Approximately 90 per cent of output is for OEM orders.

    Seamless bras and panties are trendy designs which are more preferable now a days. Hanzina Underwear Co. Ltd, a leading supplier of such products, has invested a huge amount in 20 Santoni circular knitting machines from Italy, two warp knitting systems and 350 sewing machines. The company makes 200,000 pieces per month. The use of lace and embroidered fabrics is also well-liked among Shantou suppliers. Chengtai Underwear Knitting Factory makes bra and panty sets with lace trimmings, embroidery or prints.

    The midsize company makes undergarments for Wal-Mart and donna l'oren. Hongjie Underwear Industrial Co. is also a leading producer with 1,500 workers and fully integrated production that covers fabric knitting and sewing. The company provides fancy bras and panties in crocheted fabrics, intricate prints and embroidery. The company also produces items like push-up and convertible brassieres.

    Many companies are making efforts to decrease their lead and delivery times. Shantou's port, one of the 20 leading harbors in China, transports cargo to many countries and regions. This facilitates suppliers to provide convenient shipping to foreign buyers and supports in continuation in transportation at cheaper rates.

    India

    The lingerie market in India is still in its infant stage and, until in recent times, the accessibility of high quality intimate apparel was limited to irregular or grey imports sold under the counter. Because of the limited products and lack of enough specialized and organized retail atmosphere, the fashion realization and quality awareness of the Indian consumer for intimate apparel is yet to be realized.

    India is also one of the most scattered retail markets in the world. The products, so far, have been mainly marketed as a commodity and are price and margin oriented. Till today huge quantities of bras are sold to end users by male salespersons in mom-and-pop shops. Majorities of the stores do not even provide a trial room.

    As a consequence, large consumer base are not sure of the functional features of a bra or even their own sizes. When Gokaldas Intimatewear began developing Enamor, their first aim was good fit. Across India Enamor surveyed and measured 4,000 women. They noticed that 80 per cent of Indian women wore a uncomfortable fitting underwear. In India, bras were made only in B and C cup sizes, though Enamor's research found that most Indian women required A or D cup sizes. In India Triumph, Lovable Lingerie, Enamor, VIP, Juliet, Amul etc are major players in lingerie market. Today 70 per cent of the lingerie market of India is unorganised. But that can be replaced with the increase in the number of malls and quality-conscious consumers. For example, Lovable's growth of 20 per cent last year was sustained by new retail space.

    The joint market contribution of the leading five retailers in India totals less than two per cent. Though, Lingerie sales have increased by 12 per cent in the past five years because of a new awareness of intimatewear. Women's innerwear industry in India is worth Rs. 2,000 crore and is growing at an average rate of 12 per cent.

    Turkey and Bangladesh have already observed the potential and are aggressively promoting its innerwear industry. Many Asian countries are defeating India in the US, the world's biggest clothing importer. According to the US office of Textiles and Apparel, in 2002 the country imported 198,094,426 dozen pieces of cotton underwear. India's contribution in this was a paltry 2.36 per cent. In bras using manmade material, the US imported 37,676,800 dozen pieces. While China constituted 32 per cent of these, Indonesia had 10.5 per cent. Even Bangladesh had 1 per cent. However, India exported a meager 0.65 per cent. Though, there is a great potential to be taped if approached in an organized manner with a proper set up.

    Womenswear: the most profitable segment

    The Rs.28,375-crore womenswear apparel segment covers 32.1 percent share of the Indian apparel market in value

    What Color is Your Marketing and What is It Saying?
    Do you have any idea what role color plays in your marketing efforts? And if so, do you know what message your marketing efforts are conveying with the colors you use? Let me tell you that the colors you use in your marketing efforts – your brochures, business cards, letterhead, signage, office interiors, and more – play a very important role in motivating people. The colors speak loudly and clearly, so I believe it is in our best interest to learn what the colors convey in our marketing.The importance of color because of its “hidden language” is well known. I witnessed this firsthand several years ago when I was asked to and agreed to participate in a study being conducted by the Harvard Business School. I was one of a selected number of executives to be interviewed and asked many questions about color and emotions about color. Major corporations that produced consumer products sponsored the research. We were not told the specific sponsors.Colors do stimulate our emotions and can generate negative reactions if used improperly. It has been stated that lasting impressions are made within 90 seconds and color accounts for 60 percent of the acceptance or rejection. So pleased be warned – learn what colors will mean to your prospects and what emotions they may trigger.Since colors are so important, it behooves us to learn what message they convey in our marketing efforts. Here is a brief overview to facilitate our learning some basics of the meaning of colors in our marketing.Red: conveys aggressiveness, passion, strength, and vitality and is great for accents and boldness. It also stimulates appetites and is associated with debt. It can be used to grab attention.Pink: conveys femininity, innocence, romance, softness and health and is the most calming of all colors. It is used effectively for products and services related to romantic holidays.Blue: conveys authority, dignity, security, and faithfulness and implies fiscal responsibility and security. A majority of people say blue is their favorite color. It is good for building customer loyalty.Green: conveys growth, tranquility, freshness, nature, wealth and status. It is effective in creating a calming effect or growth image.Yellow: conveys optimism, good times, happiness and can bring out creative thoughts. It can provide a relaxed feeling.Orange: conveys fun, exuberance, new attitudes and is appealing to intellectuals. It is good for accenting things and to create a playful environment.Purple: conveys sophistication, royalty, mystery, prosperity, and spirituality and is good for upscale and artistic audiences. Purple works when creating
    in India is still in its infant stage and, until in recent times, the accessibility of high quality intimate apparel was limited to irregular or grey imports sold under the counter. Because of the limited products and lack of enough specialized and organized retail atmosphere, the fashion realization and quality awareness of the Indian consumer for intimate apparel is yet to be realized.

    India is also one of the most scattered retail markets in the world. The products, so far, have been mainly marketed as a commodity and are price and margin oriented. Till today huge quantities of bras are sold to end users by male salespersons in mom-and-pop shops. Majorities of the stores do not even provide a trial room.

    As a consequence, large consumer base are not sure of the functional features of a bra or even their own sizes. When Gokaldas Intimatewear began developing Enamor, their first aim was good fit. Across India Enamor surveyed and measured 4,000 women. They noticed that 80 per cent of Indian women wore a uncomfortable fitting underwear. In India, bras were made only in B and C cup sizes, though Enamor's research found that most Indian women required A or D cup sizes. In India Triumph, Lovable Lingerie, Enamor, VIP, Juliet, Amul etc are major players in lingerie market. Today 70 per cent of the lingerie market of India is unorganised. But that can be replaced with the increase in the number of malls and quality-conscious consumers. For example, Lovable's growth of 20 per cent last year was sustained by new retail space.

    The joint market contribution of the leading five retailers in India totals less than two per cent. Though, Lingerie sales have increased by 12 per cent in the past five years because of a new awareness of intimatewear. Women's innerwear industry in India is worth Rs. 2,000 crore and is growing at an average rate of 12 per cent.

    Turkey and Bangladesh have already observed the potential and are aggressively promoting its innerwear industry. Many Asian countries are defeating India in the US, the world's biggest clothing importer. According to the US office of Textiles and Apparel, in 2002 the country imported 198,094,426 dozen pieces of cotton underwear. India's contribution in this was a paltry 2.36 per cent. In bras using manmade material, the US imported 37,676,800 dozen pieces. While China constituted 32 per cent of these, Indonesia had 10.5 per cent. Even Bangladesh had 1 per cent. However, India exported a meager 0.65 per cent. Though, there is a great potential to be taped if approached in an organized manner with a proper set up.

    Womenswear: the most profitable segment

    The Rs.28,375-crore womenswear apparel segment covers 32.1 percent share of the Indian apparel market in value terms. In volume terms, market share of womenswear is one percent greater than that of menswear but in value terms its share is five percent less than that of menswear due to branded segment in womenswear was practically non-existent till a few years back. At present, it is the most profitable segment for investment. During 2005, volumes increased by 5.5 percent while value appreciation was as high as 15 percent.

    Women's trousers and skirts category observed a highest growth during 2005, volumes growing nine percent and value appreciating more than 23 percent over 2004 levels. Western wear like suits and blazers and Lingerie are the two other categories where progress was excellent, volume and value growth being 10 and 21 percent respectively in the Western wear and 6.8 and 18.1 percent in lingerie.

    In early days the Indian women mostly trusted foreign products or directed their friendly corner tailors to stitch form-fitting bodice, which were worn under dresses. But now the scenario is different. The first trendy movement for both men and women was seen when Associated Apparels Pvt Ltd, producers of Liberty shirts, introduced the world famous Maiden Form bras, Jockey men's underwear and Jantzen swimwear in 1962 in India.

    It was a lanky period for Liberty shirts with complexity in imports and the export market initiation, so the late Bhawandas Wadhwani approached the lingerie business with technical knowhow from the USA. The brands got an achievement of optimum level with their styles and quality. But due to the government's restrictions for foreign brands, Wadhwani discontinued the overseas tie-up and changed the names to Libertina for lingerie and Liberty for men's underwear in the late 70s. From 80s to 90s the company focused on undergarments. Even today Libertina and Liberty are still one of the major players in the lingerie market.

    With the great triumph of Libertina and Liberty, other Indian companies also shifted into the lingerie markets. In the 70s Peter Pan from Dawn Mills entered in the market with lingerie styles of the West. The brand was popular amongst the Indian women, but two decades later it vanished from the market.

    In 1971, VIP entered the men's underwear market with a big-bang and became the most talked about brand due to its advertisement featuring model Dalip Tahil. Since then VIP is a leading player in the men's and women's underwear market. VIP launched Petals, a Lycra moulded cup bra with motifs, which was accepted well at that time, but was later discontinued. But introducing Loveable in 1996 was a huge success as they brought in a foreign brand, but it was made in India. Lovable was followed by Feelings, VIP's domestic products and Daisy Dee another foreign brand. The very ultra Vanity Fair was introduced in 2004 and lastly a Korean Brand Try for men and women in 2004. VIP's fashionable new men's innerwear called Frenchie X was targeted to meet the challenges thrown by the foreign brands.

    Another leading brand in the lingerie market is Rupa & Co established in 1985. Its variety of men's, women's and children's underwear put together makes it India's biggest innerwear manufacturer and seller. Besides these two brands there are other labels produced by them. Amul, Lux Cozi, Dollar are some of the brands catering to a particular segment of the men's underwear market, while the lingerie segment has its own local offerings like Neva, Bodycare, Softy, Lady Care, Little Lacy, Red Rose, Sonari, Feather Line and many more.

    In the 90s Jockey re-entered the Indian market followed by Calida and Liberti Blu. Then the very high fashion Gossard existed for a limited time. In the 21st century, Enamor, another foreign brand entered the Indian market through Gokaldas Exports and the very chic French brand Aubade started its only outlet in Mumbai. La Senza is the next foreign brand that is set to enter the market while Hanes has already set with a very unconventional ad campaign targeted to comfort for the Indian male.

    One of the leading foreign players in the Indian lingerie market is Triumph. They have a presence in 150 countries around the world and a turnover of US $2 billion with a production of over 200 million units annually, producing 6000 new fashion styles per year designed by 200 designers in 11 countries. Triumph started its operation in India in six metros, and is now spread in 45 cities. As far as lingerie is concerned, India is still in its initial stage. India has to wait to become a matured market as compared to the other Asian markets like Japan, Hong Kong, Singapore, China and Vietnam. In the last three years there has been a great growth in the business but the retailing of lingerie and distribution channels are limited. Triumph markets through retailers, MBOs, and two franchisees in Mumbai and Kolkata, and further more they are going to increase in the near future. From 300 outlets in India they target to cross 1,000 outlets in three-five years. With all raw materials imported from Europe, Triumph is produced in Chennai and has gained a 50 per cent raise in sales since it came into the country. Though, Triumph is the only internationally managed brand, it also aims to satisfy Indian buyers and has the capability to source intelligent fabrics not offered in India. Triumph was the first to introduce moisturising fabrics with Aloe Vera and the one-piece bra which is produced by one piece of fabric. The sizes and styles are very particular to Indian consumers. Triumph which begun production in India in 1998 has been exporting to the USA before it came into the local market. With 80 per cent exports and 20 per cent local sales in India, Triumph adds new products and concepts for 5-10 styles each year.

    Lately, well-known international lingerie brands - Aubade - from the fashion capital of France has entered in Indian market.

    While the international lingerie outlook is as exciting and bright as the outerwear one, India's growth in the former segment can be called just about negligible. Body and beach fashion shows are showcased twice a year around the world showing the latest trends in innerwear fashion. New underwear fabrics with 'anti' treatment like anti-stress, anti-smog, anti-static, anti-allergic, anti- bacterial, anti-moisture and anti-odour pamper the body. Top European products like Bruno Banani, Excellent, Schneider, Louis Feraud, Calvin Klein, Gianfranco Ferre, DKNY, La Perla, Gossard, and Schiesser are some of the brands that set their inspiration to the ultimate test. Thanks to the new outerwear performance made by designers around the world and India, lingerie is seemed with renewed fascination in India too.

    It may be shocking that there are 1000 Indian brands in the market but only 200 are nationally active. The others cater to markets in the vicinity of their production. Many of these brands have so far continued the advent of MNC labels for the last decade and should continue to do so.

    The Indian lingerie Industry is growing because of the increasing domestic demand coupled with huge export potential. It will soon receive an upfront position. From a cottage industry it can be transformed into a growing trade. Indian brands have experienced that they have to be more quality conscious and work harder in branding, promotion, packaging and innovation. Only the mindset to make world class lingerie is lacking. Smaller countries like Sri Lanka, Turkey and Bangladesh are major producers in this segment. Indian companies have recognized the significance of innerwear for men and women and the competition is just boiling as new and more players arrive to offer Indians that much required fashionable lift.

    To read full please visit http://www.fibre2fashion.com/industry-article

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