NGF: To perk up industry spirits post slump seasonWednesday, 18 April 2012
Since NGF is considered a booking event, Mehta is optimistic about the transactions as well. “I am not talking theoretically for I also own brands and supply to both manufacturers and retailers. I believe that S/S12 which is supposed to be extremely low may not be as bad as predicted. We have not gone high on the growth trajectory yet, but the crash that generally happens after a successful end of season sale, I don’t think we have seen it this time. Barring a few pockets, sales were a little better than expected in the month of March. By all consideration, the Jan-Feb-March quarter for manufacturers/retailers has been better than the previous quarter of October-December. Though it’s too early to celebrate, one can see the light at the end of tunnel,” opines Mehta.
This year’s edition would also witness broadening of exhibit categories keeping the observations made by visitors in previous NGF fairs. As Mehta explains, “NGF was slightly more focused on men’s wear and we have taken note of that. Since the last couple of fairs, we have been trying to attract other categories as well. Along with women’s, kids’ and men’s apparels, we are also trying to introduce more categories especially in the non-apparel sector, such as home furnishings, fashion accessories.”
And while the focus is pure business, organizers are also looking at pumping in fresh ideas like fashion shows to push up the glamour quotient. Elaborates Mehta, “We are going to reintroduce fashion shows because while we didn’t want to deviate attention from business to glamour, not having fashion shows, sort of became a disadvantage as it becomes de-glamorized. We are trying to work out a format by which we will add the glamour quotient without distracting from the main objective of the fair which is business.”
Appealing to the entire industry to join hands and make NGF a successful industry event, Mehta says, “Having too many shows only harms the industry in the long run and it detracts retailers and makes it inconvenient for them. I would appeal to everybody to join hands and really make this show so big that nobody can afford to miss this event.”