Next tops MediaVision's UK fashion ranking, Boohoo's demand drops 35%
With 4.63 per cent, ASOS overtook JD Williams and moved from fifth to fourth position.
The top three ranks were unchanged in MediaVision's January-April 2025 Fashion Report since 2024 began, with Next maintaining its lead with a 10.8-per cent share of search demand over TK Maxx (6.25 per cent) and Primark (6.15 per cent). With 4.63 per cent, ASOS overtook JD Williams and moved from fifth to fourth rank. The demand for Boohoo fell by 35-per cent and for Matalan by 22 per cent.
The report uncovers which brands resonate most with UK consumers and which are struggling to stay relevant.
Among the biggest declines in demand were Boohoo (a 35-per cent drop) and Matalan (22 per cent), JD Sports (21 per cent), TK Maxx (16 per cent) and ASOS (12 per cent).
These downward trends reflect increased competition, changing consumer demand, or potentially are a sign of misaligned marketing efforts. Brands may need to rethink their strategies and pay closer attention to evolving market signals if they want to reclaim their standing, a release from MediaVision said.
Social media continues to shape intent, with notable increases in gothic fashion and running shoes.
Key trend standouts for the year to date include polka dot dress (plus 417 per cent), bags for women (plus 55 per cent) and denim dress (plus 30 per cent).
More than ever, consumers are voting with their wallets. As economic pressures persist, brands offering value, convenience and accessibility dominate the digital high street.
Next's consistent dominance is backed by strategic evolution. Its transformation from a traditional high street retailer to an expansive online marketplace is yielding results. Over 1,000 third-party brands now partner with Next to access its customer base, the release said.
Primark's notable rise in share of search coincides with its investment in 'click & collect' services and high-profile collaborations, narrowing the gap with competitors.
Fibre2Fashion News Desk (DS)
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Time of India
18 hours ago
- Time of India
First made in India chip to be rolled out soon: Ashwini Vaishnaw
Bengaluru: Union Information and Technology Minister Ashwini Vaishnaw on Sunday said that the country would witness the rollout of its first made-in-India chip "very soon" as six semiconductor plants are under construction in Gujarat, Assam and Uttar Pradesh. Addressing the 'Next-Gen Mobility for a Next-Gen City' programme here, the IT Minister said, "Today there are six semiconductor plants under construction in our country and very soon we'll see the first made in India chip roll out of these factories." Emphasising the government's resolve for the easy accessibility of Artificial Intelligence (AI) technologies, he said, "AI is shaping our world today. Our Prime Minister's vision is of democratising technology. It should be accessible to all. It should not be limited to a few. It should be available to all. That's why we have done the India AI mission in which 34,000 GPUs (Graphics Processing Units) are available today as a common compute facility for all our innovators." "The price of these GPUs is just less than USD 1 per hour. And this is the most affordable common computer facility in the entire world," the Minister added. Speaking at the same event, Prime Minister Narendra Modi also emphasised India's priority to become "self-reliant" in the technology sector, stating that the country will soon have its "Made in India" chip as the semiconductor mission gains momentum. PM stressed that the journey of "Viksit Bharat" will move forward hand in hand with the Digital India initiative . He noted that with the India AI Mission, the country is advancing towards global AI leadership. "Our next big priority should be becoming self-reliant in technology. The journey to a Viksit Bharat will move forward hand in hand with Digital India. Through initiatives like the India AI Mission, India is advancing toward global AI leadership. He added that the Semiconductor Mission is also gaining momentum, and India will soon have its own Made-in-India chip", PM Modi said. In May, the Union Cabinet approved India's sixth semiconductor manufacturing unit in Jewar in western Uttar Pradesh. It will be established near Jewar Airport through a joint venture between the HCL Group and Taiwanese electronics giant Foxconn. The sixth unit is expected to generate employment for around 2,000 people and will help significantly in strengthening India's semiconductor ecosystem. The unit at Jewar will have a 20,000 wafers per month capacity, and the chips will have 36 million (3.6 crore) per month. Among other five semiconductor plants, four are in Gujarat: Tata Electronics-PSMC Semiconductor fab, CG Power-Renesas-Stars Microelectronics ATMP unit , Micron Technology's ATMP unit and Kaynes Semicon ATMP unit, while the Tata Semiconductor Assembly and Test (TSAT) Unit is in Assam. In 2024, the Government of India launched a comprehensive initiative called the India AI Mission aimed at positioning India as a global hub for artificial intelligence (AI) research, innovation, and adoption. The mission focuses on developing AI solutions across key sectors such as healthcare, agriculture, education, smart cities, and infrastructure to drive socio-economic growth. The strategy includes capacity building, development of research ecosystems, and partnerships between government, industry, and academia. The government has also approved the Semicon India programme with a total outlay of Rs 76,000 crore for the development of a semiconductor and display manufacturing ecosystem in the country. On the other hand, to promote the semiconductor ecosystem, the central government, in June, introduced pioneering reforms in the Special Economic Zones (SEZ) rules. The reforms aim to address the specialised needs of the semiconductor and electronics component manufacturing sectors. Since manufacturing in these sectors is highly capital-intensive, import-dependent and involves longer gestation periods before turning profitable, rule amendments have been carried out to promote pioneering investments and boost manufacturing in these high-technology sectors. Going further, Vaishnaw informed that India has become the top supplier of smartphones to the United States, with electronics manufacturing now worth Rs 12 lakh crore. He said that India's electronic production has grown six times in the last 11 years. The Minister further pointed out the exponential rise in electronic exports, which have increased eightfold to reach 3 lakh crore rupees. Vaishnaw also noted India's position as the world's second-largest manufacturer of mobile phones, underscoring the country's expanding role in the global electronics market. "Our electronic production has grown 6 times in the last 11 years. Today, electronics manufacturing has touched 12 lakh crore rupees. Electronic exports have increased by 8 times... Today, it has grown to 3 lakh crore rupees. India has become the second-largest manufacturer of mobile phones in the world" he said. According to official government data, India has made significant progress in mobile and electronics manufacturing, becoming the world's 2nd largest mobile manufacturing country. In 2014, India had only 2 mobile manufacturing units, but fast forward to today, the nation boasts over 300 manufacturing units, underscoring a significant expansion in this vital sector. In 2014 -15 only 26 per cent of the mobile phones which were being sold in India were made in India, the rest were being imported. It is worth mentioning that today, 99.2 per cent of all mobile phones which are sold in India are made in India. The manufacturing value of mobile phones has surged from Rs 18,900 crore in FY14 to a staggering Rs 4,22,000 crore in FY24.
Economic Times
2 days ago
- Economic Times
First made in India chip to be rolled out soon: Ashwini Vaishnaw
Synopsis India is set to produce its first indigenous chip soon. Six semiconductor plants are under construction across Gujarat, Assam, and Uttar Pradesh. The India AI mission makes AI accessible with affordable GPU access. The government prioritizes self-reliance in technology. India is now a top smartphone supplier to the US. ANI Ashwini Vaishnaw Bengaluru: Union Information and Technology Minister Ashwini Vaishnaw on Sunday said that the country would witness the rollout of its first made-in-India chip "very soon" as six semiconductor plants are under construction in Gujarat, Assam and Uttar Pradesh. Addressing the 'Next-Gen Mobility for a Next-Gen City' programme here, the IT Minister said, "Today there are six semiconductor plants under construction in our country and very soon we'll see the first made in India chip roll out of these factories." Emphasising the government's resolve for the easy accessibility of Artificial Intelligence (AI) technologies, he said, "AI is shaping our world today. Our Prime Minister's vision is of democratising technology. It should be accessible to all. It should not be limited to a few. It should be available to all. That's why we have done the India AI mission in which 34,000 GPUs (Graphics Processing Units) are available today as a common compute facility for all our innovators.""The price of these GPUs is just less than USD 1 per hour. And this is the most affordable common computer facility in the entire world," the Minister added. Speaking at the same event, Prime Minister Narendra Modi also emphasised India's priority to become "self-reliant" in the technology sector, stating that the country will soon have its "Made in India" chip as the semiconductor mission gains momentum. PM stressed that the journey of "Viksit Bharat" will move forward hand in hand with the Digital India initiative. He noted that with the India AI Mission, the country is advancing towards global AI leadership. "Our next big priority should be becoming self-reliant in technology. The journey to a Viksit Bharat will move forward hand in hand with Digital India. Through initiatives like the India AI Mission, India is advancing toward global AI leadership. He added that the Semiconductor Mission is also gaining momentum, and India will soon have its own Made-in-India chip", PM Modi said. In May, the Union Cabinet approved India's sixth semiconductor manufacturing unit in Jewar in western Uttar Pradesh. It will be established near Jewar Airport through a joint venture between the HCL Group and Taiwanese electronics giant sixth unit is expected to generate employment for around 2,000 people and will help significantly in strengthening India's semiconductor ecosystem. The unit at Jewar will have a 20,000 wafers per month capacity, and the chips will have 36 million (3.6 crore) per other five semiconductor plants, four are in Gujarat: Tata Electronics-PSMC Semiconductor fab, CG Power-Renesas-Stars Microelectronics ATMP unit , Micron Technology's ATMP unit and Kaynes Semicon ATMP unit, while the Tata Semiconductor Assembly and Test (TSAT) Unit is in 2024, the Government of India launched a comprehensive initiative called the India AI Mission aimed at positioning India as a global hub for artificial intelligence (AI) research, innovation, and adoption. The mission focuses on developing AI solutions across key sectors such as healthcare, agriculture, education, smart cities, and infrastructure to drive socio-economic strategy includes capacity building, development of research ecosystems, and partnerships between government, industry, and government has also approved the Semicon India programme with a total outlay of Rs 76,000 crore for the development of a semiconductor and display manufacturing ecosystem in the the other hand, to promote the semiconductor ecosystem, the central government, in June, introduced pioneering reforms in the Special Economic Zones (SEZ) rules. The reforms aim to address the specialised needs of the semiconductor and electronics component manufacturing manufacturing in these sectors is highly capital-intensive, import-dependent and involves longer gestation periods before turning profitable, rule amendments have been carried out to promote pioneering investments and boost manufacturing in these high-technology further, Vaishnaw informed that India has become the top supplier of smartphones to the United States, with electronics manufacturing now worth Rs 12 lakh said that India's electronic production has grown six times in the last 11 Minister further pointed out the exponential rise in electronic exports, which have increased eightfold to reach 3 lakh crore rupees. Vaishnaw also noted India's position as the world's second-largest manufacturer of mobile phones, underscoring the country's expanding role in the global electronics market."Our electronic production has grown 6 times in the last 11 years. Today, electronics manufacturing has touched 12 lakh crore rupees. Electronic exports have increased by 8 times... Today, it has grown to 3 lakh crore rupees. India has become the second-largest manufacturer of mobile phones in the world" he said. According to official government data, India has made significant progress in mobile and electronics manufacturing, becoming the world's 2nd largest mobile manufacturing country. In 2014, India had only 2 mobile manufacturing units, but fast forward to today, the nation boasts over 300 manufacturing units, underscoring a significant expansion in this vital 2014 -15 only 26 per cent of the mobile phones which were being sold in India were made in India, the rest were being imported. It is worth mentioning that today, 99.2 per cent of all mobile phones which are sold in India are made in India. The manufacturing value of mobile phones has surged from Rs 18,900 crore in FY14 to a staggering Rs 4,22,000 crore in FY24.
Time of India
2 days ago
- Time of India
First made in India chip to be rolled out soon: Ashwini Vaishnaw
Bengaluru: Union Information and Technology Minister Ashwini Vaishnaw on Sunday said that the country would witness the rollout of its first made-in-India chip "very soon" as six semiconductor plants are under construction in Gujarat, Assam and Uttar Pradesh. Addressing the 'Next-Gen Mobility for a Next-Gen City' programme here, the IT Minister said, "Today there are six semiconductor plants under construction in our country and very soon we'll see the first made in India chip roll out of these factories." 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That's why we have done the India AI mission in which 34,000 GPUs (Graphics Processing Units) are available today as a common compute facility for all our innovators." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Could Be the Best Time to Trade Gold in 5 Years IC Markets Learn More Undo "The price of these GPUs is just less than USD 1 per hour. And this is the most affordable common computer facility in the entire world," the Minister added. Speaking at the same event, Prime Minister Narendra Modi also emphasised India's priority to become "self-reliant" in the technology sector, stating that the country will soon have its "Made in India" chip as the semiconductor mission gains momentum. Live Events PM stressed that the journey of "Viksit Bharat" will move forward hand in hand with the Digital India initiative . He noted that with the India AI Mission, the country is advancing towards global AI leadership. "Our next big priority should be becoming self-reliant in technology. The journey to a Viksit Bharat will move forward hand in hand with Digital India. Through initiatives like the India AI Mission, India is advancing toward global AI leadership. He added that the Semiconductor Mission is also gaining momentum, and India will soon have its own Made-in-India chip", PM Modi said. In May, the Union Cabinet approved India's sixth semiconductor manufacturing unit in Jewar in western Uttar Pradesh. It will be established near Jewar Airport through a joint venture between the HCL Group and Taiwanese electronics giant Foxconn. The sixth unit is expected to generate employment for around 2,000 people and will help significantly in strengthening India's semiconductor ecosystem. The unit at Jewar will have a 20,000 wafers per month capacity, and the chips will have 36 million (3.6 crore) per month. Among other five semiconductor plants, four are in Gujarat: Tata Electronics-PSMC Semiconductor fab, CG Power-Renesas-Stars Microelectronics ATMP unit , Micron Technology's ATMP unit and Kaynes Semicon ATMP unit, while the Tata Semiconductor Assembly and Test (TSAT) Unit is in Assam. In 2024, the Government of India launched a comprehensive initiative called the India AI Mission aimed at positioning India as a global hub for artificial intelligence (AI) research, innovation, and adoption. The mission focuses on developing AI solutions across key sectors such as healthcare, agriculture, education, smart cities, and infrastructure to drive socio-economic growth. The strategy includes capacity building, development of research ecosystems, and partnerships between government, industry, and academia. The government has also approved the Semicon India programme with a total outlay of Rs 76,000 crore for the development of a semiconductor and display manufacturing ecosystem in the country. On the other hand, to promote the semiconductor ecosystem, the central government, in June, introduced pioneering reforms in the Special Economic Zones (SEZ) rules. The reforms aim to address the specialised needs of the semiconductor and electronics component manufacturing sectors. Since manufacturing in these sectors is highly capital-intensive, import-dependent and involves longer gestation periods before turning profitable, rule amendments have been carried out to promote pioneering investments and boost manufacturing in these high-technology sectors. Going further, Vaishnaw informed that India has become the top supplier of smartphones to the United States, with electronics manufacturing now worth Rs 12 lakh crore. He said that India's electronic production has grown six times in the last 11 years. The Minister further pointed out the exponential rise in electronic exports, which have increased eightfold to reach 3 lakh crore rupees. Vaishnaw also noted India's position as the world's second-largest manufacturer of mobile phones, underscoring the country's expanding role in the global electronics market. "Our electronic production has grown 6 times in the last 11 years. Today, electronics manufacturing has touched 12 lakh crore rupees. Electronic exports have increased by 8 times... Today, it has grown to 3 lakh crore rupees. India has become the second-largest manufacturer of mobile phones in the world" he said. According to official government data, India has made significant progress in mobile and electronics manufacturing, becoming the world's 2nd largest mobile manufacturing country. In 2014, India had only 2 mobile manufacturing units, but fast forward to today, the nation boasts over 300 manufacturing units, underscoring a significant expansion in this vital sector. In 2014 -15 only 26 per cent of the mobile phones which were being sold in India were made in India, the rest were being imported. It is worth mentioning that today, 99.2 per cent of all mobile phones which are sold in India are made in India. The manufacturing value of mobile phones has surged from Rs 18,900 crore in FY14 to a staggering Rs 4,22,000 crore in FY24.
