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Company Profilefsvsv
Company Profilefsvsv
Galaxy Mega Shop offers various categories such as casual wear, ethnic wear,
formal wear, party wear and active wear for men, women and kids. Non-apparel
products include accessories (men), bed sheets, towel, pillow, pillow cover,
blankets. The uniqueness of the store is the core, which delivers “fashion at great value”.
Galaxy Mega Shop is designed to offer a unique shopping experience for the entire family
through wide aisles, coordinated displays and highly trained fashion professionals offering
best in class customer assistance.
The Indian Textiles and Apparels (T&A) industry accounts for approximately 4%
of the global T&A market. The T&A industry is one of the largest and the most
important sectors for the Indian economy in terms of output, foreign exchange
earnings and employment. The industry contributes approximately 7% to
industrial output in value terms, 2% to the GDP and 15% to the country’s export
earnings. It also provides direct employment to over 45 million people and is the
second largest provider of employment after agriculture. As per the WTO in its
World Trade Statistical Review 2018, India is ranked as 5th largest exporter of
RMG in the world.
The domestic Indian apparel market can be broadly classified into men’s wear,
women’s wear and kids wear. Currently, men’s wear holds the largest share in
the apparel market. It accounts for 41% of the market. Women’s wear contributes
almost 38%, while kids wear contributes the balance 21% of the market.
The domestic apparel market can also be broadly divided by price into super
premium, premium, medium, economy, and
value segments. The medium price segment holds majority of the share among
apparel segment followed by economy segment. The price sensitive rural
population forms a major part of the value and economy price segments of
apparel market. Further, driven by the twin trends of premiumisation and value
consciousness, the mid-market segment is being squeezed on both sides by the
value and the premium segments.
OUR BELIEFS
Restoring Ecosystem
Our vision is "giving back more than what we take from our ecosystem", to move
beyond reducing and towards restoring, and ultimately redesigning the way we
operate.
Recognizing Trends
We continuously monitor the pulse of the market to stay ahead of the curve in
the fast-changing fashion industry. We are in constant conversation with those
who are shaping the market directly through their choices, indirectly through
their inventions along with policy-makers and expert trend-spotters.
Redesigning Business
Businesses that can anticipate the future, develop ways to combat emerging
threats and create strengths to harness new opportunities, will be successful in
the longer run. To be risk-resilient and opportunity-ready, we are future-proofing
our business by institutionalising sustainable practices across our operations.
OUR VISION
To passionately satisfy Indian consumer needs in fashion, style and value, across
wearing occasions in Apparel and Accessories through strong brands and high-
quality consumer experience with the ultimate purpose of delivering superior value
to all our stakeholders.
OUR VALUES
Seamlessness
Commitment
Speed
Quality Service
OUR MISSION
Understanding Customer’s requirements and fulfilling them in the most efficient ways.
OUR MANTRAS
Business is all about connections, nurturing and co-benefiting each other for win-win
situation will result in long time business and profitability for each.
No business can perform without proper branding and good customer relation.