Innovative Strategies for Success in Retail.
The Institute of Apparel Management (IAM), an institute of apparel management promoted by Apparel Export Promotion Council (AEPC) and sponsored by the Ministry of Textiles, Government of India, recently organised a workshop titled “Innovative Strategies for Success in Retail”.
The workshop saw the launch of two new Professional Upgradation Programmes by IAM on setting up the fashion business and on strategic fashion and luxury retailing. Both these courses have been introduced for shaping industry professionals who are working in multi-brand luxury retail and aspire to achieve significant positions in the sector.
Various important issues were addressed by prominent panelists pertaining to fashion retail, like fashion and innovation for exports and retail, challenges and opportunities in the Indian retail industry and what can be done to improve the conditions. With a booming retail market and FDI on cards, it has become imperative for existing retailers, retail companies and professionals to review their business strategies to grow and survive in the future landscape. Also, with the wide array of brands penetrating the Indian retail sector and the smart consumers existing on the block, the workshop proved fruitful for professionals within this business.