Professional Documents
Culture Documents
Life Style and Apparel Retail
Life Style and Apparel Retail
Presented by:
Anuranjan
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Spread of Modern Retailing in developing countries Late comers in Modern Retail Diffusion Restriction on FDI Demand side features Income Middle Class Urbanization 3/11/2012 of women inYMT's College Of Management Share work force
Future Trends
Retail Business will slowdown in developed countries Population in age group 50-70 will explode Modest population growth in 20-35 age group
Indian Retail
The growth of Indian retail is associated with the growth in the Indian economy
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Market Analysis
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Market Segmentation
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Market Forecast
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Adidas
Came to India in 1996, Established by Adi Dassler Adidas today has a total of 96 exclusive stores across the country. The price range starts from Rs. 120 for a pair of socks to Rs. 12,500 for our iconic product the adidas Our core audience comprises of young Indians aged 14 to 24 years with 17 year olds at the epic centre. Positioned as a sports performance brand. We have fashionable products. 3/11/2012 YMT's College Of Management 17
Adidas
Adidas branding of 3 Stripes in various colors such as Black, Light Scarlet and white. Feel range uses muted-bright seasonal color trends such as Blaze red, Mlange, Black and Chrome and focuses on sensory appeal in fabrics and washing. Brand ambassadors like Sachin Tendulkar, Sania Mirza, Zaheer Khan and many others,
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Adidas
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Adidas
Clarity of thought : The window display focuses on the women wear and accessories specially for the sports. Creativity : The tagline being used is quite motivating for the women of this era and would assure her that anything is possible for. Also, the color used in the background is blue signifying the cool and sporty look.
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Adidas
Effectiveness : The display of upside down women signifies the freedom and independency of women and thus is very much effective which motivates them to walk in the store. Why did it work : It forces female customers to ponder what all does the store holds for them.
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PANTALOONS
Indias leading retailer operating in value and Lifestyle segment of the Indian consumer Market Headquartered at Mumbai Company operates over 7 million square feet Of retail space,1000 stores across 51 cities in India and employees over 25000 people A flag ship company of future group
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ACHIEVEMENTS
INTERNATIONAL RETAILER OF THE YEAR 2007 By U.S based National Retail Federation
FUTURE GROUP
VISION: To deliver everything, everywhere, every time to
every Indian consumer in the most profitable manner
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Pantaloons
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Pantaloons
Clarity of thought : The window display clearly shows that the sale season is going on for the apparels and accessories offered by the store. Creativity : The red color is used to indicate sale period which can be discovered from a far distance. Red color is physically and psychologically attached to the customers and portray excitement.
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Pantaloons
Effectiveness : A customer interested would surely walk-in to avail the discounts as the display is shouting out for the sale season. Why did it work : The entire display used the red color tints and shades indicating sales period & also providing an opportunity to avail extra reduction.
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Brands
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SHOPPERS STOP
The stores offer a complete range of apparel and lifestyle accessories for the entire family. From apparel brands like Provogue, Color Plus, Arrow, Levis, Scullers, Zodiac to cosmetic brands like Lakme, Chambor, Le Teint Ricci etc., to accessories like Cross, Ray-Ban, ferrari,police watchesetc
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Shoppers Stop
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Shoppers Stop
Clarity of thought : It is very much clear from the display that the store is selling casual party wear apparels for youth.
Creativity : The display gives the party like feel with the use of dark colors and props like party hanging balls. The window glass has a sticker signifying music which tells about enjoyment and excitement.
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Shoppers Stop
Effectiveness : The display is effective as it attracts the youth to walk-in and buy the merchandise for parties or even for casual. Why did it work : The display is very attractive & would serve the purpose for people who want to look trendy but in a funky way.
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Wills Sport relaxed wear for men and women. Launched Wills Classic formal wear (2002) and Wills Club life evening wear (2003). Introduced John Players, in 2002. In 2006, Wills Lifestyle became title partner of the country's most premier fashion event - Wills Lifestyle India Fashion Week
Will open 50 more exclusive outlets, thus establishing its presence in 40 Indian cities
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2003: Most Admired Exclusive Brand Retail Chain of the Year - Wills Lifestyle
2002 : Most Admired Women's Wear Brand of the Year Wills Sport 2001 :The Most Admired Exclusive Brand Retail Chain of the Year - Wills Lifestyle.
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Wills Lifestyle chain of exclusive specialty stores. Wills Lifestyle, the fashion destination, offers a tempting choice of Wills Classic work wear, Wills Sport relaxed wear, Wills Clublife evening wear. fashion accessories and Essenza Di Wills an exclusive range of fine fragrances and bath & body care products for men and women. Wills Lifestyle has also introduced Wills Signature designer wear, designed by the leading designers of the country.
Wills Lifestyle has been established as a chain of exclusive specialty stores providing the Indian consumer a truly 'International Shopping Experience'
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Clarity of thought : The display is very clear & tells that the main merchandise on display are apparels and accessories for teenagers & women. Creativity : The entire display gives a very homely touch & is very attractive being for the season.
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Effectiveness : The colors being used are bright colors like blue and red signifying cool, excited, stimulated and powerful environment. Why did it work : The display gives an aesthetic touch and a homely environment. The display gives a feeling to the customer that they can also avail the same comfort and calmness by acquiring these merchandises.
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Levi Strauss markets apparel in more than 60 countries, 53 production facilities and 32 customer service centers in 49 countries. Levi Strauss, is planning to open 1050 stores across India in the next three years. The company plans to have exclusive Levi's stores in 100 towns and Docker's stores in 500. It will also have exclusive signature stores in 1000 towns.
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Levi Strauss has 30% share of the premium segment of the denim market and 10% of the overall market across price segments in the country. planning to launch a sub-category of denim by winter to add to its stable comprising of sub-brands like Sykes, 501, Red Tab and Red Loop.
Redwire Jeans are priced at Rs 9,000 and are available for both men and women.
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Competitors Lee, Blackberry, Pepe Jeans, Wrangler, Provogue, Pantaloons, Diesel, Woodland, Reebok, Strategy "We aim to open a store each day in the next three years."
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Clarity of Thought: The product being offered here is apparels as well as shoes for men and women. Creativity: One of the mannequins has been placed upside down that too only the lower part of body to give it a very funky look, which would appeal to the younger generation. While the other mannequins are placed in a way to give a social look with a flex being used in the background.
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Effectiveness : The display is done to give a very relaxed feeling which would indicate that the clothes are very comfortable and can be wore anytime throughout the day.
Why did it work : The display is successful in increasing walk-ins as well as conversions as it is visible from outside the store and appeals to the younger generation and gives a very chilled out attitude for them.
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2. Shoppers Stop
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2. Shoppers Stop
Business strategy Primarily catering to the Lifestyle Retailing segment through Departmental Stores -Offers a gamut of products apparels, accessories, footwear, cosmetics, music, books, leather products, furnishing etc. Ventured to the Value Retailing segment with inception of HYPERCITY
Apart from these stores, the company also has presence in Niche Retailing format.
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2. Shoppers Stop
-With the brands such as: Crossworda lifestyle bookstore; these are run in 3 formats Corner Store, Brand Stores and Flagship Stores. MAC its a tie-up with a cosmetic major, Estee Lauder. Home Stop its a specialty store, caters exclusively to home furnishings and furniture. Mother Care -its a franchise agreement with a UK-based Mother care marketing baby clothes, toys, baby care products and maternity clothes.
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2. Shoppers Stop
Future Expansion Plans The company plans to form a JV with AGROS of UK to start Catalogue Retailing Business in India Plans to diversify into airport retailing, for which also signed an MOU with the Nuance Group of Switzerland
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The company is mainly targeting smaller cities like Vadodara, Muradabad, Jamshedpur Ranchi, Udaipur Bhopal, Ludhiana
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There are over 350 stores exclusive 'The Raymond Shop' (TRS) in prime locations, in 150 cities in India.
27 overseas outlets in 15 cities across the Middle East, Sri Lanka, Bangladesh and Nepal. Includes top-of-the-line brands -Raymond, Manzoni, Park Avenue, ColourPlus and Parx.
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Reach of the brand is spread all over the country across big cities and smaller towns thereby targeting a wide spectrum of consumers. Also extended its presence in some of the leading Malls with new retail format.
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To enhance product availability through expansion of Wills Lifestyle chain of exclusive stores in high potential catchment malls. The brand is now available in over 150 locations through exclusive brand outlets (EBOs) and shop-in-shops.
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7. Murjani Group
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7. Murjani Group
Strategy: The India strategy for Murjani, revolves around the creation of a unique Multi-Brand Retail Platform, with world renowned, premier international brands. In the second phase of its India strategy, in 2005, Murjani identified several major international brands, to add to its brand portfolio and secured exclusive, long term rights to India, for 6 world renowned, premier brands: Gucci, Jimmy Choo, Calvin Klein, French Connection, Tumi & Build A Bear.
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Divided into two segments - Value retailing, which is typically Low margin-high volume business and High margin-low volume business
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one of the most important sectors of the economy in terms of investment, revenue, trade and employment generation short product life cycles, tremendous product variety, volatile and unpredictable demand, long and inflexible supply processes.
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Finished clothing products made from both natural and manmade fibers like cotton, silk, wool, lenin, polyester, rayon etc. sold through three major channels
Online/ Internet
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Region
% Share
The global apparel industrys total revenue in 2006 was US $ 1, 252.8 billion, which was approximately 68% of the overall industry value.
Asia Pacific
35.40%
Europe
29.40%
USA
22.30%
12.90%
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Country China
China had captured 65% of the global market share towards the end of 2006 in total apparel exports
US $ Billion 8,260.921
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Challenges
The Apparel retail Industry is growing at a very high rate but still there are some barriers, which are hindering the growth of this industry. Some of them are:
The production rate is still not able to match with ever rising demand.
As apparel industry is fashion driven, and fashion keeps changing. Thus they usually have to work under pressure.
Availability of products within the time. i.e SCM in apparel sector
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Internal
Retaining qualified manpower
Implementing SOPs & best practices Focus on improving operational efficiency
External
High real estate cost
Anarchic laws Shortage of qualified manpower
Cost control
CRM & Service levels
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Opportunities
Before liberalization Many brands were not available Government disallowed imports of most products Luxury items banned/had high import tariffs Post liberalization Enhanced availability of branded and superior products at affordable prices Two incidental factors Spread of cable and satellite television influencing consumer behavior Emergence of brand-first foreign product available at affordable price
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4th largest economy in the world, in terms of Purchasing Power Parity Growth primarily from Services Sector, currently accounting for 59% of the Economy India is a part of the golden triangle countries (others being China & Russia) that are high on target list of premium & luxury brands
A Growing Economy 2nd fastest growing economy in the world Rated among the most favourite investment destinations
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One-stop shopping, speed and efficiency of purchases Consumerist attitude Guilt-free spending Savings not very high priority Spending money for look-good -Shift of expense basket from basics to lifestyle products -Increased spend on Apparel, personal care Consumer - High disposable income -Changing consumer preferences -28 states, 100+ religion, 250+ festivals
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Resurgent India
Over 70% population below 35 years, while 50% is below 25. Increasing purchasing power. Shift of population from rural to urban. Shift of consumer towards brands. Over 60 mn households have access to Cable TV
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Thank U
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