The fashion industry in India has undergone a sea of changes that demand designers and other subsidiaries of the industry to be more cognisant of the entrepreneurial aspects today than they were two decades ago. A recent YFLO session that was aptly titled ‘The Business of Fashion’ — that saw chairperson Soni Jain in conversation with designer Payal Singhal and celebrity stylist Mohit Rai— touched upon this.

The discussion began with how Payal and Mohit started off their journey, and moved on to the evolution of fashion over time, the advent of the styling industry, entrepreneurship in the fashion business, to how fashion and styling have become more about being comfortable than following trends blindly, all the way to the dos and don’ts of the fashion industry, and about collaborations in the fashion business to grow big.