| At a Glance |  |  |
| News: Apparel, Specialty, CDIT ... | | |
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Call it a stitch in time. Several apparel and fashion accessory manufacturers catering to global brands are increasingly shifting their focus to the domestic retail market due to slowing overseas demand and rising consumption at home. More than half a dozen companies including Orient Craft, Mandhana Industries, Royal Classic Group, SP Apparels and Crew Republica plan to expand retail network with single-brand stores of either their own labels or partnering foreign brands, company insiders said. |
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Premium Italian baby brand, Chicco, with close to 900 million euro in turnover, is making its presence felt in the Indian market. A 100 per cent fully-owned subsidiary of Artsana SPA, Chicco is now opening stores across India through master franchisees. Vineeth Nair, CEO, Chicco says, "This year we are going to focus on opening stores in eight cities viz: Delhi, Chandigarh, Mumbai, Bangalore, Hyderabad, Chennai, Ahmedabad and Pune. In some of these cities we will open two or three stores while in others we will open one store". |
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Kishore Biyani-promoted Future Group is exploring the possibility of exporting its private brands. "We are working on it (exports) and we will see if we can do something. The probabilities are close to it," Devendra Chawla, head (private brands), Future Group said. |
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It began its 'joy of journey' in 1951 with a 500 sqft store in George Town, Madras. Today, with nine outlets in Chennai and Bangalore, the premium luggage, apparel and accessories retail chain, Witco, is a name to reckon with in the southern part of the country. The multi-branded retail chain, which does an average billing of `1.50 lakh per annum and has about 60% share in Chennai's premium luggage market. |
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Brandhouse Oviesse, is all set to open three large format OVS fashion stores, in India. These will come up at Chennai, Bangalore and Delhi. The Chennai store would probably open at the Express Avenue Mall early August. They also have plans to open stores in Pune, Mumbai and Gurgaon between October and January 2011. |
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| Premium leather footwear brand Pavers England has launched another store in Hyderabad - at Inorbit Mall, HITECH City. The 550 sq.ft store, the retailer's second store in Hyderabad, offers a stylish footwear range for men and women and accessories. |
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"We expect to garner Rs 70 crore revenues from India in the current financial year," Kishore said, adding the company was in final stages of negotiations with large-format retail chains in the country, and will be present in about 2,000 outlets by March 2011. The company will be investing about Rs 14 crore in India for marketing activities in the next three years, said Broad. |
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| The East India Company's resurrection by London-based Indian entrepreneur Sanjiv Mehta marks the start of a new era for the historical brand. The East India Company store will begin by selling luxury foods including teas, exotic confectionary and bespoke velvet-lined hampers. But Sanjiv Mehta's motivations aren t purely financial. There are clear cultural implications to his takeover of the company: "People are rejoicing because an Indian has bought the EIC - it is a symbol of redemption." |
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Leading Indian retail jeweller PC Jeweller recently launched its eleventh showroom at Hazratganj, Lucknow, and plans to expand even further, opening three showrooms at Indore, Bhopal and Lucknow, in the coming month. |
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| News: Food & Grocery, QSR ... | | |
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| Jubilant FoodWorks Ltd, speculated to be a partner for the US coffee chain Starbucks' entry in India, today said it is in talks with many global brands to bring them into the country. |
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| Jubilant FoodWorks (JFL), which operates Domino's Pizza stores in India, said it plans to open its own stores in Sri Lanka next year, ending a franchise operation. The five stores in Sri Lanka, under a sub-franchise agreement, cease to operate as of date." JFL, formerly known as Domino's Pizza India, also said it plans to open stores in Bangladesh next year. |
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| Retail Trends | | |
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MIPIM Asia 2010MIPIM Asia stands alone as the largest connector of real estate professionals and projects in the Asia-pacific market. Its proven format combines a partnership-oriented exhibition zone, comprehensive conference programme, and wide array of matchmaking events. |
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It's action time in the wholesale cash-and-carry market as multi-brand retailing remains a domestic sport. Existing players Bharti-Walmart and Metro are scaling up operations, even as Carrefour and Tesco are drawing up rollout plans. The JV between the world's largest retailer Wal-Mart and Bharti Group, so far confined to Punjab, plans to build a national presence over the next 18 months with outlets in Karnataka, Andhra Pradesh, MP, Uttar Pradesh and Haryana, two people close to the company said |
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| Opening multi-brand retail to FDI, on which the government has sought public comments, could stimulate investments in cold chains and lead to a drop in prices of vegetables and fruits, research firm Crisil said. "...allowing foreign direct investments (FDI) in multi-brand retail has the potential to reduce the prices of perishable food produce such as fruits and vegetables in India over the long term," it said. |
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| Any successful startup needs market demand and The Green Creation founder Smitha Prasad knew the demand for organic baby clothing first hand, having searched for affordable products to the point of frustration for her two young children. Taking an "if you want something done right, do it yourself approach," Prasad launched The Green Creation in March. The Fremont, Calif.-based company designs and manufactures organic cotton clothing products.The clothes are manufactured in India in two factories, one in Kolkata and on in Tamil Nadu. The clothes are shipped out of a distribution facility in Fremont. |
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| Retail Insight | | |
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| Mobile Marketing: Retail's Next Frontier |
| Ryzex |
Retailers are constantly trying to attract new consumers. Through the use of traditional marketing methods (e.g., direct mailings, print coupons, advertisements, billboards, television and radio), information and promotions can be disseminated in the hopes of enticing the consumer to buy. The proliferation of personal computers and the internet has allowed for new types of marketing. Through promotional emails or website advertisements, a casual user can be immediately turned into a customer making an online purchase. Now, as cell phones and mobile devices have become ubiquitous, they are also rapidly becoming a new platform through which retailers can increase their reach and interaction with consumers. |
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