It ain't fashion, if it ain't sustainable

CRISIL Ratings

Slowdown Effect / Indian Leather

23 January 2023

2 minutes

Leather hides being dried on a tannery rooftop. About 85–90% of the production by the $2.25 billion Indian leather apparel and accessories industry is exported. Europe and North America account for ~75% of this amount.

Slowdown in Europe and US: Indian Leather Industry to See 8% Revenue Drop

The slowdown in consumer demand in Europe and the United States is set to impact the Indian leather apparel and accessories (comprising bags, belts, and harnesses) industry, with revenues predicted to decline 7–8% in fiscal 2024.

By

Staff Writer

Young India Fashion Survey 2025

Textile Recycling Expo

ITF Intertex Portugal 2025

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Tariffs and Seconds / SMART View Interview

If unfair trade barriers persist, there's the risk of seeing mountains of usable clothing pile up in the US, while markets abroad fill the gap with cheap, low-quality fast fashion that often results in more waste, not less. Keeping the second-hand clothing trade flowing freely is in everyone’s best interest: economically, socially, and environmentally. This is a moment to build smarter, fairer, and more circular global systems, not to shut them down.

Trade Barriers on Second-Hand Clothing Disrupt a Globally Significant Reverse Supply Chain

Subir Ghosh

24 April 2025

Branding Evolution / Influencers Analysis

Branding has always been about making a lasting impression, literally and figuratively.

Challenges of Branding in the Age of Influencers

Piyush Deogirkar

30 April 2025