Retail insight as on 9th June 2010

June 9, 2010

News for the Retail industry

Previous Issues

At a Glance

• China's Yishion enters India, targets 25 exclusive outlets by 2012
• Lifestyle opens its second store in Chennai
• Planet Sports opens store in Pune
• Major Brands opens Aldo, Promod EBOs at G7 Mall, Mumbai
• Myntra empowers Corporates with Brand Stores
• Mangalore: Reliance Jewels opens first store in Coastal K'taka
• MTR Foods mix: Idli, dosa & innovation
• Bangalore's booming organic bazaar
• Luxury brands feel talent pinch
• 'Modern retailers face skilled manpower crunch'
• Delhi flocks to labels

News: Apparel, Specialty, CDIT ...

China's Yishion enters India, targets 25 exclusive outlets by 2012 The Hindu Chinese retail major Yishion said it has entered the Indian market and plans to have at least 125 points of sales, including exclusive stores and multi-brand outlets, across the country by 2012. The $ 12 billion company, which specialises in apparels and accessories, said it has formed a 50:50 joint venture with Delhi-based marketing and distribution firm Upmarket Group. It will open its first exclusive store in the national capital by September.

Lifestyle opens its second store in Chennai The Hindu Lifestyle's Indian journey began over a decade ago in Chennai. And now, the company is all set for a second outing in the city with its new store, covering three floors and 80,000 sq.ft. at the swanky new Express Avenue Mall on Whites Road.

Planet Sports opens store in Pune indiaretailing.com Planet Sports, one of India's largest multi-brand sports and lifestyle specialty retail chain, has recently opened its new outlet in Pune. The 4,000 sq.ft exclusive store is located at SGS Mall. The store offers consumers a wide selection of international sports and lifestyle brands such as Skechers, Wilson, Converse, Speedo, Prince, Reebok, Nike, Adidas, Spalding and Puma.

Major Brands opens Aldo, Promod EBOs at G7 Mall, Mumbai indiaretailing.com Major Brands, which has a number of international lifestyle brands under its portfolio, has recently opened exclusive brand outlets (EBOs) of two of its brands - Promod and Aldo - at G7 Mall in Mumbai. With the opening of these stores, Aldo and Promod have taken their store count to two each in Mumbai.

Myntra empowers Corporates with Brand Stores openPR Myntra - India's largest on-demand consumer products personalization brand has launched the 'Brand Store'. It is an exclusive portal created for corporates for all their brand merchandising needs. Along with marketing, operational and customer support, this offering from Myntra provides good value proposition in terms of discounts on merchandise from top sports and lifestyle brands in the country.

Reliance Jewels opens first store in Coastal K'taka Mangalorean.com Reliance Jewels, the jewellery specialty store from Reliance Retail, today launched its first store here today. The store is the third in Karnataka and 23rd in the country.

News: Food & Grocery, QSR ...

MTR Foods mix: Idli, dosa & innovation Economic Times Before Mavalli Tiffin Room became MTR Foods, one of the country's leading processed food makers, it was a small restaurant operating in south Bangalore with a heady stream of faithful customers who swore by its idlis and dosas

Bangalore's booming organic bazaar MyBangalore It is claimed by health experts that organic food is more nutritious and flavor-rich. Some long-term users of organic products vouch for it. Today, Bangalore is emerging as a major retail market, and well-heeled consumers do not mind spending the extra money for the sake of health.

Retail Trends

Luxury brands feel talent pinch Economic Times Entering the Indian market may have seemed an attractive proposition for luxury brands, but there's one thing they didn't bargain for: manpower challenge. Luxury brands are being forced to recruit from industries like hospitality and telecom, run extensive training programmes and even poach manpower from mature luxury markets like the Middle East.

'Modern retailers face skilled manpower crunch' Sify Modern retailers are facing acute shortage of skilled manpower in Uttar Pradesh, with almost 90 per cent of the new recruiters requiring comprehensive and on-job training. The manpower crunch is more pronounced in the junior and middle management levels, Big Bazaar area manager S N Gangil said.

Delhi flocks to labels FashionUnited India (blog) Designer and high street international brands are opening stores in New Delhi at breakneck speed. The newest treat for shoppers is the fast fashion pioneer Zara. This Spanish brand at Select Citywalk, offers trendy clothing from a collection that's renewed in a matter of weeks. High street clothing chains such as Mango, Promod and Forever New have been doing brisk business in New Delhi for a while now.

Retail Insight

Putting the Shopper in your Shopper Marketing Study dunnhumby Shopper marketing offers great potential for retailers and manufacturers to engage their most valuable shoppers more completely and profitably. It offers new ways to reach shoppers in ways that can make a dramatic difference in their experience