Prem Anand Stephen , Founder & Managing Director, Tirang Retails
The Indus Valley Civilization has always mesmerized historians. The Harappan sculptures, seals, pottery, and jewelry aesthetically tell a legacy that makes us proud. It is said Harappan handlooms were exported to the distant lands of China, Rome, and Europe. In 1921, an excavation undertaken at Harappa found spindles and spindle whorls, the remnants of a great legacy. During the Mughal dynasty, Indian muslins and chintz were the fashion rage with women in Dacca, Rome, and Paitan. But somewhere along with the colonial era, we started to detach ourselves from this unparalleled legacy. Over the past few decades, the changing governments have strived to relive the clothing culture closest to nature. Still, there was always something missing and hand-looms never really caught the attention of the millennials.
Fashion Industry Changes Faster than Fashion
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Top 10 Leaders in Fashion Startups - 2022
Fashion is the language understood by every individual today, be it a kid, teenage or adult. The term Fashion has swayed the world over with its expansive scope across numerous fields as it's not only limited to apparels, jewellery, or makeup today, but has a much wider scope that includes many other sectors like textile, manufacturing, interior designing, and more. With a creative and innovative stint, there are many fashion leaders in the industry churning out prolific fashion trends and driving the fashion market's growth further. The fashion industry in India, just like any other country out there which concerns fashion photography, pattern making, garment construction, accessory designing, make-up artists, modelling, fabric weaving, textile research and development, and fashion journalism/blogging/editorial to name a few. In fabrics, while sourcing for fashion wear, India plays a vital role as one of the biggest players in the international fashion arena. Also, India is a very big exporter of fabrics and accessories.
According to Statista, while the revenue in the Fashion segment is projected to reach $19.69 billion in 2022, the industry is projected to show a CAGR of 18.92 percent, resulting in an estimated market volume of $33.11 billion by 2025. Moreover, in the Fashion segment, the number of users is expected to amount to 446.2 million by 2025. Along with accomplishing Fashion doyens domineering the industry, there are many promising leaders too rising in Fashion Startups landscape to contribute to this growth, and thus the future of the Fashion industry seems bright.
In this issue of the CEO Insights magazine, a list of `Top 10 Leaders in Fashion Startups - 2022' is provided to the readers to know their stories of success with which they led the organizations there, and also how motivating and encouraging they are for others to learn from. The listing provides detailed information about the leaders who are selected by a panel of industry veterans, CEOs, and VCs, and the CEO Insights magazine editorial board.
Company Logo | Company Management | Company Name | Company Description |
---|---|---|---|
Abhishek Sharma, Co-Founder | Fashinza | A global fashion leader helps Fashion brands source apparel using data and cloud that is more sustainable, ethical, inclusive, fast, and efficient | |
Apoorv Sen, Chief Business officer | Iconic Fashion India | A high performing young leader and strategic thinker with 15 years of experience in e-Commerce and Lifestyle Retail with robust entrepreneurial expertise in New Business Initiatives | |
Captain Rahul Rai, Founder | Armour Heavy | A lot was due to the cost sensitive market we operate in. But this status quo and reliance on international brands for ‘cool quotient’ had to be tackled. | |
Falguni Nayar, Founder & CEO | Nyyka | An alumnus of IIM Ahmedabad, changing the landscape of fashion industry in India through her online fashion store | |
Kartik Poply , Founder & CEO | Refoam | As an entrepreneur, he aims to offer young Indian customers premium footwear products that match both style and quality criteria | |
Lavanya Aneja, Founder | Lea Clothing | A recent UCLA Graduate with a double major in Economics and Philosophy, worked in the fields of Digital Marketing, and e-Commerce Strategy over the past four years, started her own entrepreneurial journey with the firm | |
Pearl Uppal, Founder & Creative Director | Talking Threads | She has experience of 22 years of building startups and high growth businesses in the Internet Industry across media, fashion and e-Commerce | |
Prem Anand Stephen, Founder & Managing Director | Tirang Retails | A proud Indian designer who has mastered Indian & International markets over the past three decades with an enormous growth in his career. He is renowned for his niche class royalty taste in fashion industry | |
Richa Thakkar Desai, Founder | Benditaa Clothing | Worked with one of the reputed law firms in Mumbai, she has experience in the field of corporate law, mergers, acquisition, and insurance | |
Rishi Vasudev, Co-Founder | GOAT Brand | He is the ex-CEO of Lifestyle, Calvin Klein, and SVP at Flipkart & Myntra Fashion, and gathered extensive experience in scaling multi-crore brands |
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