Looking back, if you had to pen down your top 3 learnings from 2022, what would they be?
The major learning for us during the FY 2022 was as follows:
→ MARTECH is the way to go, as it has yielded good result, we will be focusing on the same.
→ Focus on product offering and curating products in space of affordable luxury.
→ Driving customer first approach further through various touchpoints.
What is the vision 2023 for your brand?
→ Strengthening portfolio with more licensee brands that offer fashion and lifestyle
→ Diversifying with product portfolio with innovation & sustainability focus in travel gear, handbags and accessories
→ Increasing touch points in the Tier I & II cities, without neglecting the Tier III regions.
→ With the help of a D2C website, the base across strengthening India.
Tell us about the brand growth in the last cycle? Highlight on the key elements which helped you achieve this number?
In terms of growth, we have grown by 72% in quarter 2, LTL last year (top line) and even this quarter we are expecting great results. We maintained healthy cash flow and brand saliences are extremely great. We will be opening new stores and new geography for achieving this growth.
Denne historien er fra January 2023-utgaven av Images Retail.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra January 2023-utgaven av Images Retail.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
McDonald's The Maharaja Mac Of Transit Retail
While McDonald’s serves as a great example of successfully Indianising a global brand, it is also an insightful case study in strategically making transit retail work
Founders, Market are Key for D2C Investors
Investors and brands across the retail landscape are the crucial factors considered when raising funds
Powering Consumption Growth India's Home and Household Market Report
The report from Deloitte India projects that India’s home and household market is witnessing strong demand, particularly in tier 2 and tier 3 cities that are emerging as growth hubs
Tech Infra Readiness Among Top Challenges in GenAI implementation
Tech infrastructure readiness is one of the top three challenges organisations in the technology, media, and telecom (TMT) sector face when implementing Generative AI (GenAI) solutions, a report stated.
Amazon India Introduces AI Chatbot Rufus Ahead of Festive Sale event
E -commerce major Amazon India launched a new generative AIpowered conversational shopping assistant, Rufus, ahead of the start of its festive sale event.
'Fusion of Art and Commerce Helps Virtuous Retail Create Culturally Rich Shopping Environments'
Sumi Gupta, board member of VR South Asia, who spearheads all things art and culture at the group, talks about the unique approach of curating art festivals in retail spaces to foster a deep community connection and drive commerce
Jumboking's Travel Retail Journey
About 95% of Jumboking's outlets are positioned at busy transit hubs benefiting from the high foot traffic these places enjoy
What's Driving the Success of Electronics on Q-commerce
Electronics are among the hottest selling items on q-commerce. Here's what's driving the trend and why the collaboration is a win-win for all stakeholders
Measuring the Influencer Effect
Influencer marketing has become a core part of every brand's marketing. But does it really benefit brands?
Mid-range Smartphone Users Lead in Premium Product Engagement
The study, conducted by Bobble AI’s Market Intelligence division, delves into the online shopping behaviour of smartphone users
