India Retail News and Research
Indian Retail Brands
In eyewear, Titan operates through Titan Eye+ brand wherein it has 278 stores (out of which ~80 are company owned and others are on franchise) offering a wide variety of prescription eyewear, frames, lenses, sunglasses, contact lenses, ready readers and accessories. Titan imports frames, though lenses are manufactured in house.
Titan relies heavily on innovation to drive growth in this (more…)
India’s Leading Footwear retail chain, Bata India has added 95 new stores and renovated 83 stores in CY 2013. However, the company seems to have also closed a high number of stores during CY13 indicated by the disposal / reduction on the Gross block of fixed assets. The store closures though would be older small sized stores, which were not necessarily located in prime locations and would not be performing well as they are constrained by the location and product range.
In CY13, we note that premium brands (more…)
Trendy Divvas, a designer label for women apparel and accessories came into being in 2008. Offering a wide range to fashion connoisseurs from pret to couture to contemporary, classic to avante garde and desi to global, the creations from the brand designers have already mane a mark in a short span of time.
Gurprit Sawhney Managing Director says, (more…)
Footwear as a category of consumption is fairly under penetrated, with rapidly rising competitive intensity. Consequently, the key competitive advantages for out-performance in Indian footwear retail.
Bata India is the largest (over 1200 exclusive retail outlets) and one of the fastest growing footwear retailers in India. The Bata Shoe Organisation provides an important interchange of new manufacturing technologies, machine design, factory layout plans, advertising, market forecasts, fashion trends, modern marketing techniques, and new material testing.
Bata’s business model
Nearly 82% of Bata’s revenues are related to the retail channel, with the balance relating to the wholesale channel. The retail channel includes: (a) Bata-branded flagship stores; (b) Bata-branded family stores; (c) Hush-Puppies-branded stores; and (d) Footin-branded stores. (more…)
We have Seen the Growth of McDonald’s in India and today we’ll explore the Localization and Brand building exercise taken by Hardcastle Restaurant.
McDonald’s leveraged well on the Indian appetite for value and built a successful and scalable value for money platform over the years. The Happy Price Menu, which starts at Rs25, has not seen any change in price for past six years now despite increase in raw material prices. Price increases have been usually lower than inflation and company attributes this to robust supply chain systems which help to (more…)
Domino’s India has a historical five-year revenue CAGR of 46%, which has been evenly split between growth through new store expansion as well as growth in same-store sales. Against this backdrop, the big question that needs to be answered is: can the strong acceleration in new store opening run-rate sustain? Hence, can Domino’s maintain its sales growth rate in excess of 35-40% over the next few years through the opening of 200-300 new stores annually ?
The current demographics limit the total store count (more…)
In our last review we have already highlighted India’s best supply chain management system of McDonalds beating Reliance Retail and others in the way. Today we’d like to point out on what business strategies McDonalds has adopted to beat the Inflation unacceptably high under the Corrupt Congress Government.
Transformation of agriculture practices: Mechanized field preparation and Drip irrigation were implemented on product farms which has lowered wastage and improved yields consistently. Eg: Farm yields for iceberg lettuce have improved from 60% to 80% while processing yields have improved to 75% from 45% earlier. (more…)
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This Valentines Day they have launched an exclusive Offer for our readers – Buy any Alberto Ciaschini bag (more…)