Apparel Online India Magazine August 1st Issue 2018 | Page 48

DOMESTIC UPDATE Athlos activewear Turmswear stain resistant denim Playing with Performance: Sportswear’s New Landscape in Indian Retail Sportswear has become something of a saviour for the fashion industry in the last decade. The appetite for sportswear’s sub-trends like athleisure, streetwear, athluxury and now performancewear has come to be seen as absolutely insatiable. There was a time when you walked into a store with an intention of buying a T-shirt and knew there was not much beyond the basic colour and neckline choices to make. Nowadays, often people aren’t even walking into stores and shopping has not just shifted online, but there are also a wide range of options which are both fashionable and heavy on performance qualities to choose from. This notion proves to be completely true in the sportswear sector where brands are constantly proposing innovative fabric developments to target an ever-evolving customer demand. A ccording to a research report on the Global Sportswear Market, the projections suggest a robust growth represented by a CAGR of 5.80% during the period from 2018-2023. It is clear that sportswear isn’t just big business, but practically it’s the crutch for fashion industry’s speedy growth. Looming closer home, this wellness trend is not wasted on the Indian market either. Capitalising on an enormous population base, growing disposable income, more casual workplace as well as a rising consciousness for health, sportswear giants have built a strong base in the country. Adding to this the popularity of activities like trekking, hiking and yoga amongst the youth, there is a market for every type of activewear brand in the country right now. Take the example of Alcis Sportswear, the biggest homegrown sportswear brand, which is expecting a 7X jump in revenue from last year to reach Rs. 28 crore (approx. US $ 4.3 million) by the end of 2018. While Alcis’ goes head to head with the likes of Nike and Adidas, there are plenty of younger sports and performancewear brands experimenting with everything from risqué sports bras to workout apparel made from bamboo shoots to quench India’s growing thirst for functional fashion. MEET THE NEW KIDS ON THE BLOCK! Taking up the multi-faceted role of inspiring and helping women to work out better is 48 Apparel Online India | AUGUST 1-15, 2018 | www.apparelresources.com Aneesha Labroo’s women’s activewear brand Kica. Identifying a gap in the market for stylish and high quality affordable products, Labroo launched the work-out essentials brand a year ago and sells everything from sports bras, tank tops to joggers and jackets in form-enhancing, moisture wicking fabrics. Labroo initially launched online with a pop-up kiosk in Delhi’s Select Citywalk for 6 months and recently opened her first store in the nearby shopping centre, DLF Promenade. However, she says her expansion model still focuses more on the online presence, adding, “We have very promising sales reach all over the country through our e-store, with a pretty big average basket size.” Up next for Kica will be furthering offline expansion through different gyms/ studios, already an important part of the brand’s marketing strategy. Operating on a somewhat opposite end of the spectrum is Mumbai-based Athlos that steers clear of trends and heavy styling. Athlos’ assortment consists of basics for both men and women with a range of T-shirts, training shorts and work-out towels. The brand uses materials made from bamboo or eucalyptus fibres for benefits such as skin-tight softness, 4-way stretch, quick drying and odour prevention. Co-Founder and Creative Director of Athlos, Shruti Kamath says, “Our initial launch was a single T-shirt for men and women and every launch since then has been a lot of repeated R&D. So