Creating a new landmark in the Indian fashion and lifestyle market, the country’s first homegrown fashion forecaster ICH NEXT has announced collaboration with
Reliance-backed
Fynd, a former Google-backed multiplatform tech firm enabling the future of
retail & technology. As part of the partnership, Fynd gets access to ICH
NEXT dashboard that will open all the past, current and future trend reports
for the next couple of years. All brands and businesses offline/online in fashion
and lifestyle working with Fynd including Reliance Trends, Ajio.com, Ancestry, AvantraBy
Trends, Azorte, Youstaetc will be able to leverage insights from ICH NEXT,
which is already revamping the Indian fashion & lifestyle space while
empowering manufacturers/brands across the country.
“ICH
NEXT via its comprehensive trend reports aims to empowerFynd with indigenous
India centric research, accurate trend acumen and the creative development
process across design, buying, planning and marketing. While the present
service directly benefits all the Indian wear brands, it can also be of
interest to non-Indian wear brands, to gain insight into the country’s present
sentiments and broader market trends. You never know what sparks off the next
great idea,” said Anuradha Chandrashekar, Co-Founder and Chief Creator, ICH
NEXT on the impact of the multipronged collaboration with the tech giant.
Elaborating
further on ICH NEXT vision, the company’s Co-Founder Kanika Vohra said, “This
association is a win-win proposition as the fashion industry ultimately strives
towards consumer satisfaction, of which the crux is well-researched, well-made
products delivered at the right price and at the right time. While markets
expand, businesses need to find a unique voice to break through clutter, stay
relevant to consumer aspiration and timely tap on the right trends. This future
reality is precisely what ICH NEXT is focused on - to aid and abet brands,
manufacturers, retailers, labels, etc. to have access to future consumer
relevant trends.”
Rahul
Mandowara, Director of Business Finance at Fynd, added, “Fynd's unrelenting
motto is 'powering delightful shopping experiences for everyone, everywhere',
which perfectly aligns with ICH's tryst towards 'conscious creation of on-trend
fashion that delivers to consumer aspiration, and ultimately delight'. Fynd
serves varied digital solutions and eventually efficiencies across the entire
value chain in fashion & lifestyle. We believe that this partnership is a
step towards the future of fashion & lifestyle retail in India.”
Terming
the partnership with Reliance-backed Fynd as ‘the beginning’, ICH NEXT has
declared that it is in the process of deep investments and expansion in
automation to heighten accuracy in trend reads and increase creativity, thereby
benefitting users more effectively. The announcement comes close on the heels
of ICH NEXT launching a nation-wide masterclass for industry stakeholders and
manufacturers from diverse geographies. The first leg of it, titled Unlock
Business Success through In-Depth research, was recently held in Jaipur.