One of the leading foreign players in the Indian lingerie market is Triumph. They have apresence in 150 countries around the world and a turnover of US $2 billion with aproduction of over 200 million units annually, producing 6000 new fashion styles per yeardesigned by 200 designers in 11 countries. Triumph started its operation in India in sixmetros, and is now spread in 45 cities. As far as lingerie is concerned, India is still in itsinitial stage. India has to wait to become a matured market as compared to the other Asianmarkets like Japan, Hong Kong, Singapore, China and Vietnam. In the last three years therehas been a great growth in the business but the retailing of lingerie and distributionchannels are limited. Triumph markets through retailers, MBOs, and two franchisees inMumbai and Kolkata, and further more they are going to increase in the near future. From300 outlets in India they target to cross 1,000 outlets in three-five years. With all rawmaterials imported from Europe, Triumph is produced in Chennai and has gained a 50 percent raise in sales since it came into the country. Though, Triumph is the only internationallymanaged brand, it also aims to satisfy Indian buyers and has the capability to sourceintelligent fabrics not offered in India. Triumph was the first to introduce moisturising fabricswith Aloe Vera and the one-piece bra which is produced by one piece of fabric. The sizes andstyles are very particular to Indian consumers. Triumph which begun production in India in1998 has been exporting to the USA before it came into the local market. With 80 per centexports and 20 per cent local sales in India, Triumph adds new products and concepts for 5-10 styles each year.Lately, well-known international lingerie brands - Aubade - from the fashion capital of France has entered in Indian market.While the international lingerie outlook is as exciting and bright as the outerwear one,India's growth in the former segment can be called just about negligible. Body and beachfashion shows are showcased twice a year around the world showing the latest trends ininnerwear fashion. New underwear fabrics with 'anti' treatment like anti-stress, anti-smog,anti-static, anti-allergic, anti- bacterial, anti-moisture and anti-odour pamper the body. TopEuropean products like Bruno Banani, Excellent, Schneider, Louis Feraud, Calvin Klein,Gianfranco Ferre, DKNY, La Perla, Gossard, and Schiesser are some of the brands that settheir inspiration to the ultimate test. Thanks to the new outerwear performance made bydesigners around the world and India, lingerie is seemed with renewed fascination in Indiatoo.It may be shocking that there are 1000 Indian brands in the market but only 200 arenationally active. The others cater to markets in the vicinity of their production. Many of these brands have so far continued the advent of MNC labels for the last decade and shouldcontinue to do so.The Indian lingerie Industry is growing because of the increasing domestic demand coupledwith huge export potential. It will soon receive an upfront position. From a cottage industryit can be transformed into a growing trade. Indian brands have experienced that they haveto be more quality conscious and work harder in branding, promotion, packaging andinnovation. Only the mindset to make world class lingerie is lacking. Smaller countries likeSri Lanka, Turkey and Bangladesh are major producers in this segment. Indian companieshave recognized the significance of innerwear for men and women and the competition is just boiling as new and more players arrive to offer Indians that much required fashionablelift.
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