Apparel Online India Magazine May 1-15, 2019 | Page 23

BUYER SPEAK potential in India and challenges in China, the company has decided to now have a proper sourcing office in India. Currently, our total sourcing from India is about 90% of knits, so we preferred to have an office in Tirupur. As far as products are concerned, 80% is into babieswear and kidswear and rest is into ladieswear. Our FOBs can vary from as low as US $ 1.50 and can go upto as high as US $ 10 depending on the product. The current sourcing in volume is close to 4 million pieces; we expect 2019 to end at around 5 million, and in long run (3-5 years), we believe it could be easily 15 million. The company’s overall buying from India currently is less than 20% (around US $ 15 million in terms of value) and which remains the most important sourcing destination for CWI. We are determined to grow this to at least US $ 50 million in the next 2-3 years as in 2019, we will end above US $ 20 million. In woven, we are looking to source both babieswear, topwear for boys, girls and ladies, bottoms, dresses, loungewear and denim. The woven is almost 40% of our global sourcing, while from India, it is not even 5% currently. Our order sizes, irrespective of knits or woven, can vary from 1,000 to 50,000 pieces per colourway and that is purely because we work with all retailers in the UK. Currently, we are working with 10 suppliers, but we are always looking for good suppliers; that does not mean we have an army of suppliers. We actually want to work with very limited suppliers and have a meaningful relationship with all of them. I guess we are on a journey to find the right partners and hope to find them soon. Sedex is our basic requirement but apart from that, we do our own social and technical audit. For license, we need specific license audits to be in place, like if we want Disney product to be made, the factory should be Disney-approved. Some of our customers have their own specific audits and approvals too. We are also open to working with SMEs; as a matter of fact, we do work with factories as small as 100 Team CWI at its Tirupur office Key clients Sainsbury’s, Nutmeg, M&S, George at Asda, John Lewis, Mothercare, M&Co., Boux Avenue, Harrods, Arcadia Group and many other retailers. Indian partners Best Corp., SRG Apparels, Premier Knits Apparel, Dinesh Textiles, SCM Garments, SP Apparels, Knit Gallery, Clifton Export and few more. machines, so factory size does not matter. It is about the product that a supplier makes and their intent to be a partner with us… We are investing heavily in India as the country has skill, innovation, speed and is competitive too. India will be able to produce a great quality product for our esteemed customers. Our focus of investment is on hiring quality staff and equipment as shortly we would like to start doing as many approvals as possible from India office. This will help us in managing critical path better and will ensure we are always delivering goods on time. Costs are increasing everywhere; we just need to find the right destination for our self which we believe is India. We found some real supply chain partners and worked with them to make sure that costs are kept under the permissible radar. As a company we believe that supply base should be deep, not wide. Consolidation is the name of the game; work with few suppliers, but be real partners in their business. Majority of Indian companies are still not investing as much as they should invest in automation, training, lean concepts. While advantages are that we are a very young country and would have sufficient workforce for the next couple of decades. We are flexible in accepting changes over product cycle, so buyers can make changes till later stages; mostly comply with legalities as most importantly we value relationships in India. We are seriously thinking on the lines of buying some character licenses especially for India; our Group consists of… Cohen and Wilkes International – specialises in outerwear and activewear Dennicci – babywear specialist of the licensed product GWG (Great Wall of Garments) – Daywear, nightwear and loungewear specialists both knits and woven Blues – Character licensed product Brecrest – Specialist in licensed sports babywear product supplying the major UK football clubs and other retailers Blues baby – Own brand of babywear moreover we clothing range supplying boutiques in the UK teams are already doing research work on the same. We tried this in China last year by buying Peppa pig license for China and that was our best seller in 2018-19. In addition, as we have our manufacturing in China with specialisation in outerwear and swimwear, we would like to explore if we could supply the same to some of the Indian retailers. As of now, some of our major clients for China manufacturing are Zara, Tommy and A&F. www.apparelresources.com | MAY 1-15, 2019 | Apparel Online India 23