IndiaRetailing.com的动态

A reminder to all about the OG of Value Fashion Retailing in Bharat/India So much is being talked about Value Fashion Retailing in Bharat/India and we have seen valuations of these retailers (deservingly) shooting through the roof.... We can expect the OG of Value Fashion Retail Max Fashion India to wake-up and make its presence felt this year..... They have an incredible and compelling story to tell : 1. Max Fashion India has over 500 stores in Bharat/India....!! 2. Max Fashion India also has a decent digital commerce presence in Bharat/India...it can certainly do much much better in building on this strength (as all other Value Fashion Retailers are digitally challenged) 3. Max Fashion India is very strong in the kids and teens categories....which perhaps is a unique USP for them.. 4. Max Fashion India were the ones who transformed this perception that Great Fashion and good merchandise can come at attractive prices and in a world class shopping ambience... 4. Max Fashion India has been humble and been more execution oriented....but, perhaps it is time to tell their story to the world with Passion and Purpose too. 5. Max Fashion India was perhaps the inspiration for most Value Fashion Retailers (except a few) to get into this space in Bharat/India and also the Middle East 6. Landmark Group has multiple formats across Fashion, Department stores, Hypermarkets in Bharat/India and have done remarkable contribution in building all these businesses profitably 7. Will it be a surprise if Landmark Group to announce the listing of this Gem of a company in Bharat/India soon...? 8. When do you think Landmark Group is going for IPO in Bharat/India...? Kabir Lumba Shital Mehta Rahul Jagtiani Karan Mehta Sumit Chandna https://lnkd.in/g_tt9xSP

The Indian fast fashion industry is projected to burgeon into a massive $50 billion market by FY31, indicating a promising future, according to a report by Redseer Strategy Consultants. Fast fashion has democratised the fashion industry. For Millennials and Gen Z (the driving force for this industry), fast fashion has provided affordability combined with constant access to trendy styles, making it a game-changing experience. In FY24, the fast fashion sector surged ahead with a 30-40 per cent growth rate. In contrast, the broader fashion sector in India saw a modest 6 per cent year-on-year growth. This performance underscores the robust demand and increasing consumer inclination towards affordable and trendy clothing options. Despite a year of sluggish consumption, fast fashion stood out as one of the few thriving sectors in India’s retail market,” said Kushal Bhatnagar, associate partner, Redseer Strategy Consultants. “Brands excel by timely identifying trends, rapidly prototyping and producing, nimble supply chain, offering attractive pricing, and driving virality via effective engagement of consumers. As the fast fashion sector continues to evolve, staying ahead of trends remains paramount. The time to build a fast fashion brand in India is now.” The Redseer report said that fast fashion brands, renowned for their agility, can introduce over 50 collections annually, eclipsing the traditional fashion model of 2-3 collections per year. Currently valued at $10 billion, India's fast fashion market, while substantial, remains comparably smaller than global giants like Shein, which is over 3x larger. The mid-value brands segment is expected to see the maximum proliferation of brands, leveraging low entry barriers and experimental consumer behaviour to drive growth. Further, brands with unique and value-adding positioning are expected to appeal strongly to customers. Based in Ahmedabad, we offer Leasing and Transaction Advisory Services for Retail Brand Expansions across all Major Tier-2 Tier-3 cities in Gujarat, Maharashtra Rajasthan, MadhyaPradesh & GOA. #fastfashion #fashionindustry #apparelbrand #menswear #abrfl #womenswear #zudio #maxfashion #intune #styleup #retailfashion #clothingbrand #anchorstores #mbo #highstreet #leasing #Tier-2 #Tier-3 #cities #expansion #malls #retailspaces #Consultant #Gujarat #icanflip #propertyadvisor #baroda #Ahmedabad #Gandhinagar #GOA #Maharashtra #Rajasthan #MadhyaPradesh https://lnkd.in/dpj8jxdf

“Unlocking Success in India’s Fashion Industry: The Zudio Story ?????” Trendy and affordable! These are likely the two factors a young middle-class Indian would look for in a fashion apparel brand. A brand that was relatively unknown three years ago has become quite popular in this segment. But how did Zudio, owned by the Tata Group, succeed in this highly competitive market? What strategies did they implement? ?? To start with, pricing is indeed one of the factors that contributed to their success. They targeted individuals who were less concerned about brand names but still desired stylish clothing options that were affordable. While its sibling company Westside focused on urban aspirants and served tier 1 cities, Zudio expanded its reach to cater to the vast majority of the audience beyond. ?? But the question that arises is how do they manage to offer good quality with a value proposition on pricing: everything under ?999? They achieve significant savings by avoiding heavy expenses. Instead of investing in celebrity endorsements or extensive marketing, they prioritize the core product and rely on word-of-mouth from satisfied customers. They minimize costs related to real estate by strategically locating stores in areas with high foot traffic but low competition and reasonable rents. Additionally, their expanding network of stores follows a Franchise-Owned Company-Operated (FOCO) model, where the franchise handles store setup while the brand manages operations, benefiting both parties. By emphasizing private labeling, they reduce commissions to other brands and maintain healthy profit margins. ?? This approach allows them to offer quality products at attractive prices. Moreover, their excellent inventory management ensures that stores are regularly refreshed with new products and styles every few weeks or months. ??? These strategies have enabled Zudio to succeed in India’s fashion industry, competing against established brands like Max and Pantaloons.???? #FashionIndustry #businesscasestudy #AffordableFashion #TataGroup #RetailStrategy

Bewakoof partners with ABFRL to launch first store in Bengaluru Innovative D2C fashion brand Bewakoof has opened its first physical retail store as announced by its Founder & CEO, Prabhkiran Singh in a LinkedIn post on June 25, 2024. Read the full story to know more ?? BEWAKOOF? Prabhkiran Singh Aditya Birla Fashion and Retail Ltd. TMRW House of Brands India Fashion Forum Anjali Sondhi Nikhil Behl Lokesh Chopra #FashionNews #FashionUpdates #BoFDaily #BoFNews #BoFUpdates #RetailExpansion #NewStore #Athleisure #BrandNews

Gurugram-based MIRAGGIO, an aspirational handbag brand is up for the new revenue goal this fiscal year. Founded by Mohit Jain, this handbag brand has been growing at an astonishing rate of 118% y-o-y for the last three years. Having already reached a milestone of INR 50 crore, the brand is now aiming on doubling this figure—for INR 100 crore in revenue. “We are among the top three brands in the online fashion space across all leading marketplaces, experiencing significant year-over-year growth. With this, in terms of GMV, we are projected to surpass INR 100 crore this year,” says Jain. Miraggio aims to bridge the gap between affordable and luxury handbags in India. Jain notes that there are numerous brands below the INR 2,000 price point and high-end international brands above INR 6,000. Miraggio’s sweet spot lies between these two, targeting the new-age audience seeking aspirational yet affordable options. “Today, as a brand, we are among the top three brands in the online space on all fashion marketplaces,” Jain proudly states. Read full story here: https://lnkd.in/guPGRcMF #fashion #miraggio #retail #handbag Seven Rivers Holding Ashu Agrawal

Bengaluru-based fashion brand Virgio has expanded its presence offline through a partnership with Broadway, a multi-brand retail outlet. Click on the link below to know more.... VIRGIO | Broadway | Vivek Biyani | Amar Nagaram #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

While the fashion industry undergoes the evolution of trends at a dizzying pace, consumer preferences shift with the wind, one brand has managed to carve a unique niche for itself - The Indian Garage Co. Founded in 2011 by Anant Tanted, this homegrown label has become synonymous with accessible yet trend-setting fashion choices, redefining the way Indians perceive denim wear and expanding its footprint across multiple fashion categories. #retailnews?#retailtrends?#retailsector?#retailindustry?#retailing?#retailresults?#retailupdates?#businessnews?#retailgrowth?#retailsectornews?#retailindia?#retailreports?#retailtechcase?#retailtrend By- Aritra Ghosh, Features Writer, IndianRetailer.com Ekta Sinha Harshit Aggarwal Pinky Rai ishant rastogi Sushruth Prashanth Eashan Shetty Nikhil Dev Alka Dembla Ridhi Jalan Santhosh Kumar R Chettiar Khyati Deshmukh Riya Simin KM Mukul Ohri Roshan Gupta Vijay Chandagade Sohel Mujawar Shobha Rani

Delve into the dynamic realm of the #Luxury #Apparel #Market! Offline #distributionchannels witness significant growth, offering sensory shopping experiences valued by customers. In #Europe, rich cultural heritage and fashion capitals drive market expansion. Explore regional trends and opportunities in our comprehensive analysis: https://lnkd.in/gJYgs-fG #LuxuryApparel #MarketInsights #FashionTrends

??? Titan’s Fashion Accessories Growth Story Hijacked by Lenskart! ???? (Vol-4) In the grand saga of Indian retail, Titan Company Limited has always stood tall as a beacon of innovation, excellence, and relentless growth. From redefining #fashionaccessories to revolutionizing the #eyewearindustry, Titan’s journey has been nothing short of legendary. But in the thrilling world of #retail, even giants can be outpaced. Enter Lenskart – the disruptor that found the white space and hijacked Titan’s growth story. Let’s dive into this compelling tale! Titan’s Fashion Accessories: A Legacy of Excellence ?? Brands under Titan's umbrella, such as Fastrack, Skinn, Irth, and Taneria, have redefined style and set new benchmarks. #Fastrack, the youth brand, captures the essence of the young and restless with quirky designs, boasting over 200 stores across India. #Skinn, a fragrance brand, offers luxury in every bottle and is available in over 300 stores. #Irth, catering to modern women with stylish bags, is present in 100 stores. #Taneria celebrates Indian weaves with 35 stores in major cities. Titan Eyeplus: Revolutionizing Eyecare ?? Launched in 2007, Titan Eye+ set out to revolutionize the Indian eyecare , growing to over 800 stores across 350+ cities. Titan Eye+ pivoted from a retailer to an eyecare expert, driven by state-of-the-art eye testing facilities and products like Titan EyeX, a fusion of eyeglasses, earphones, and fitness trackers. Despite innovative campaigns and high-quality services, Titan Eye+ faced fierce competition from Lenskart, ceding significant market space. Lenskart’s Sharp and Crisp Growth Journey ?? Founded in 2010, Lenskart.com identified a market gap for affordable, quality eyewear available online and offline. They leveraged AI-driven virtual try-ons and personalized recommendations, combined with a robust hybrid model of online and offline stores. Lenskart rapidly expanded, surpassing Titan Eye+ with over 1400+ stores globally, including markets like Singapore, the US, and the UAE. Lenskart’s sales exceeded ?5k cr, outpacing Titan Eye+’s sub ?1k cr. Lenskart plans to open another 5,000 stores globally in the next five years, continuously innovating and expanding their product range. The Ultimate Retail Drama ?? As Titan Eye+ recalibrates its strategies to regain its footing, the eyewear landscape promises to be a thrilling battleground, with consumers being the ultimate winners. Here’s to the relentless spirit of innovation and competition that drives the industry forward! ????? Vol-3: https://lnkd.in/dhXezQEh #EyewearRevolution #MarketDisruption #RetailStrategy #Omnichannel

??? Zudio: Crafting Bharat’s Zara — A Fast Fashion Revolution ?? (Vol-3) Since launching in 2016, inspired by its partnership with Zara-Inditex, Trent's Zudio has swiftly mirrored the success story of Zara, adapting its globally celebrated fast fashion formula for India's burgeoning tier-II and beyond markets. Here’s how Zudio has become Bharat's answer to Zara, setting new standards for accessibility and trend-setting in the #Indianretail sector. ?? Zudio vs. Zara: Pioneering #FastFashion for Bharat ?? Just as Zara revolutionized European markets with its quick turnover and trend-driven strategies, Zudio has replicated this success in India. It has tailored the Zara blueprint to cater to the unique demands and price sensitivities of Indian consumers, rapidly growing from 7 to 545 stores across 164 cities since its inception. ?? Mastering Market Dynamics & Financial Growth ?? Zudio’s financial ascent is notable, with revenue soaring to INR 6,500 crore by FY24 and maintaining an impressive CAGR of 92%. Through its strategic franchisee-owned-company-operated (FOCO) model, Zudio has driven Trent Ltd`s net profit margin up to a remarkable 11.3%, mirroring Zara's impact on Inditex. ?? Agile #ProductStrategy & #MarketPositioning ?? Zudio’s aggressive #pricingstrategy —with items mostly under INR 600—converting unorganized market, making latest trends available at fraction of the cost & making it go-to brand for fashionable, budget-conscious Bharat. ?? #OperationalEfficiency & Scaling New Heights ?? Zudio's operational philosophy is underscored by its sales metrics, achieving an impressive INR 17,300 per square foot. The brand maintains lean inventory cycles (eight weeks) and rapid replenishment rates, ensuring constant new offerings and minimal overstocks, much like its global counterpart, Zara. ?? Marketing Ingenuity & Engaging Bharat’s Youth ?? Forgoing traditional advertising, Zudio leverages word-of-mouth, minimalist in-store aesthetics and strategic online presence to drive significant foot traffic, paralleling Zara’s global strategy but with a localized twist that resonates deeply with the Indian youth. Witness the rise of Bharat’s Zara! How do you see Zudio shaping the future of Indian retail in Tier-2 & beyond markets (eating unorganized share)? Share your views on how agile strategies and deep market understanding are crafting a new era of fashion accessibility. Vol-1: https://lnkd.in/dEAvu_jn Vol-2: https://lnkd.in/dixe6TSG #Zudio #BharatsZara #FastFashion #RetailInnovation #AgileMarketing #Trent #IndianRetail #ZudioSuccess #FashionRevolution #TrendSetting #CommunityEngagement #Ecommerce #Retail #ZudioRevolution, #FastFashionIndia, #RetailTrendsIndia, #FashionForBharat, #EmergingMarketsFashion?#Trendsetters #FashionInnovation #LeadersInRetail #BusinessGrowth?