Shailesh Chaturvedi, MD & CEO, Arvind Fashions, in interaction with The Economic Times speaks on the performance of their casual lifestyle brand U.S. Polo Assn. India. The brand has recently launched a premium capsule line with its brand ambassador Maharaj Sawai Padmanabh Singh of Jaipur (Pacho). Charu Lamba ETRetail https://lnkd.in/dEV_Gkjg
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Mumbai-based textile manufacturer Reid & Taylor Apparel has opened its 2nd store at Vallabagh Lane, Ghatkopar, Mumbai. Click on the link below to know more... Reid & Taylor I Subrata Siddhanta #reidandtaylor #apparelbrand #textile #menswear #Mumbai #storelaunch #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailtrends #retailsectornews #retailindia #retailbusiness #ir #IndiaRetailing
Reid & Taylor is now at Ghatkopar, Mumbai - India Retailing
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BriefCASE - Khadims, Bharat's best foot forward ~ From its humble beginnings as a small shoe store in Chitpur, Kolkata, Khadim’s has evolved into a formidable name in the Indian footwear industry. The story of Khadim’s is one of transformation, resilience, and strategic innovation, marking its presence as the second-largest retailer of footwear in the country. ~ The Genesis and Growth: Khadim’s traces its roots back to 1965 when Satya Prasad Roy Burman acquired a modest footwear store named KM Khadim & Company. It was the vision of Mr. Burman that propelled Khadim’s from a wholesale business to a retail giant, opening its first exclusive retail store in 1993. Today, Khadim’s boasts a vast network of branded exclusive retail stores across the nation, a testament to its robust expansion strategy. ~ Unique Selling Propositions (USPs): Khadim’s has always been attuned to the needs of ‘Bharat’ - the real India that resides in tier-two and tier-three cities. Its USPs lie in its affordable pricing, with nearly 80 percent of its SKUs priced below Rs 1000, and a product range that resonates with the aspirations and lifestyles of its target demographic. Khadim’s has successfully positioned itself as a brand that offers style, comfort, and value for money, making it a preferred choice for millions. ~ Navigating Through Challenges: The journey hasn’t been devoid of challenges, but Khadim’s has shown remarkable agility in overcoming them. During times when customer footfall in stores was a challenge, Khadim’s launched innovative initiatives like ‘On The Go’ - a mobile store, and ‘Hot Spot’ - a campaign to ensure customer safety through shoe sanitizers and masks. These efforts not only addressed the immediate concerns but also reinforced Khadim’s commitment to its customers. ~ The Road Ahead: As Khadim’s continues to grow, it remains focused on its core philosophy of serving the underserved, leveraging technology and innovative marketing strategies to enhance customer experience and value. The brand’s resilience in the face of adversity and its ability to adapt and thrive is a narrative that will inspire many more chapters in the annals of Indian retail history. #imnuniche #nichethemarketingclub #khadimniche #SatyaPrasadRoyBurmanNiche #NicheBriefcase #Casestudy #footwear #casestudymarketing #indianbusiness
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Exciting news for the Indian retail market! 👟 The iconic French shoe brand Kickers is launching its first store in Chennai and plans to open a factory in Tamil Nadu. This move underscores the booming potential of India's $15.22 billion footwear market. Kickers' entry reflects India's increasing urbanization, rising disposable incomes, making it a key market for international brands. This follows other French brands expanding in India, notably Galeries Lafayette, KIABI, maje , SANDRO, confirming strong retail ties between the two countries. Business France India supports this growing French presence and SME development in this high-potential market. #RetailExpansion #KickersInIndia #FrenchBrand #BusinessGrowth #IndiaRetail #MarketEntry Eric FAJOLE | Anne DESSEMOND | Lila Peraud
French shoe brand Kickers to enter Indian retail market; factory planned in TN - Times of India
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#IRExclusive One of the strategic priorities for fashion and lifestyle major #ArvindFashionsLtd. (AFL) in the coming years would be to scale US Polo Assn. (USPA) a flagship casualwear brand in its kitty. Click on the link below to know more! https://lnkd.in/gWWtHK4w Shailesh Chaturvedi I Arvind Limited I US POLO ASSN I Shiv Joshi #arvindlimited #fashionretail #USPoloAssn #fashionbrand #casualwear #retailnews #retailtrends #retailsector #retailindustry #retailgrowth #retailing #businessgrowth #Indianretailmarket #retailresults #retailindia #retailupdates #retailsectornews #businessnews #retailbusiness #ir #IndiaRetailing
Arvind Ltd. to go aggressive on growing US Polo Assn. in India - India Retailing
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The Indian sports shoe market faces several development challenges despite its rapid growth. The industry is highly competitive, with global and local brands vying for market share. Local brands often struggle with issues like low product quality, inadequate innovation, and an overwhelming presence of unorganized players, which make up about 85% of the market. These smaller, unregulated manufacturers offer cheaper alternatives, making it harder for established brands to maintain competitiveness in price and quality( The Ken )(ShopTribe India ).Key strategies to overcome these challenges include: Partnering with Chinese suppliers: Indian brands can collaborate with Chinese manufacturers for product design, material sourcing, and supply of semi-finished shoes and components such as soles and uppers. This can help Indian brands lower production costs while maintaining quality. Investing in Research & Development: Local brands need to focus more on innovation and technological advancements, which can be done by partnering with Chinese suppliers to gain access to the latest materials and production techniques. Improving Manufacturing Efficiency: By upgrading manufacturing infrastructure and adopting automation, Indian brands can better compete with international brands in terms of both cost and production speed. E-commerce & Market Expansion: Brands should leverage the booming e-commerce sector in India to reach a broader audience while also considering global expansion, especially to regions like Southeast Asia where there is growing demand for affordable sports footwear. Overall, partnering with established Chinese suppliers for a complete range of services, from product development to materials supply, could significantly improve the competitive standing of Indian brands, enabling them to grow in both domestic and international markets. #IndiaFootwear #SportsShoeMarket #ChineseSuppliers #BrandDevelopment #IndiaSneakerMarket #SportswearIndia #SneakerCultureIndia #SustainableFootwear #IndiaChinaTrade #IndianBrands #Footwear #footwearindustry #India #Sportshoes #Shoebrands #shoeMarket #Factory #Manufacturer #shoes #sneakers #semifinished #shoeupper #shoematerial #Jinjiangshoes
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Sean Ashby started Aussiebum in 2001 selling nylon swimwear out of the trunk of his car. The humble venture is today a global brand, with a presence in 128 countries worldwide including Australia, the USA, the UK, France, Germany, South Korea, Taiwan and other European and South American countries. Founder and CEO Sean Ashby on the Australia-based innerwear brand’s positioning, strategies and plans for India. aussieBum | Sean Ashby | Mannu Mathew Click on the link below to know more... #innerwearmarket #indianinnerwearsector #innerwearsector #innerwearbrands #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing
Aussiebum eyes 3-5% share of Indian innerwear market by 2026: CEO Sean Ashby
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𝐈𝐬 𝐓𝐢𝐦𝐛𝐞𝐫𝐥𝐚𝐧𝐝’𝐬 𝐜𝐨𝐦𝐞𝐛𝐚𝐜𝐤 𝐭𝐡𝐞 𝐠𝐚𝐦𝐞-𝐜𝐡𝐚𝐧𝐠𝐞𝐫 𝐭𝐡𝐞 𝐈𝐧𝐝𝐢𝐚𝐧 𝐟𝐨𝐨𝐭𝐰𝐞𝐚𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐧𝐞𝐞𝐝𝐬?🤔 The US shoe maker is stepping back into the Indian footwear scene, and it’s about to shake things up. Here’s a look at their fascinating journey from departure to a potential comeback, thanks to Reliance. 👣 1. 𝐏𝐚𝐬𝐭 𝐭𝐨 𝐏𝐫𝐞𝐬𝐞𝐧𝐭 Timberland initially entered India in 2009 with 14 stores but had to exit in 2015. 𝑾𝒉𝒚? Intense competition and a legal spat with Woodland, which has over 500 stores across the country. The legal battle revolved around similar logos, impacting Timberland’s brand identity in a crowded market. 🤝2. 𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐌𝐨𝐯𝐞 𝐛𝐲 𝐑𝐞𝐥𝐢𝐚𝐧𝐜𝐞 Enter Reliance Retail, which sealed the deal to bring Timberland back through its online platform, Ajio. This partnership aims to leverage Reliance’s vast reach, which reported ₹66,502 crore in revenue for Q2 2024, growing by 1.3% year-on-year. Reliance aims to capture the growing footwear segment, valued at approximately ₹30,000 crore in India, growing at a rate of 15% annually. 🔥3. 𝐓𝐡𝐞 𝐅𝐨𝐨𝐭𝐰𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐇𝐞𝐚𝐭𝐬 𝐔𝐩 With Timberland's return, the Indian footwear market, projected to reach ₹45,000 crore by 2026, offers a wealth of opportunities. Timberland can tap into the rising demand for outdoor and lifestyle footwear among the 350 million millennials and Gen Z consumers in India. Moreover, the growing trend for sustainable fashion aligns perfectly with Timberland's eco-friendly brand ethos, making it a compelling choice for conscious consumers. 🚀4. 𝐖𝐡𝐲 𝐓𝐡𝐢𝐬 𝐌𝐚𝐭𝐭𝐞𝐫𝐬 For Reliance, Timberland’s comeback is a strategic play to enhance its portfolio with premium brands. The collaboration will not only increase footfall on the Ajio platform but also boost overall brand value, positioning Reliance as a leader in the competitive retail landscape. As Timberland re-establishes its foothold, it will contribute to local job creation, further solidifying Reliance’s commitment to the Indian economy. Additionally, a strong Timberland presence could push local brands to innovate and improve quality, benefiting the entire market ecosystem. What do you think about this comeback? Share your thoughts in the comments.💬 (Timberland, Reliance, Indian footwear market, AJIO, competition, Isha Ambani, market strategy) #Timberland #Reliance #FootwearMarket #BusinessStrategy #BrandRevival #MarketCompetition #IndianRetail #FashionTrends
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Bata India Limited launches New York’s popular brand Nine West in India! Yesterday, Bata India introduced the renowned footwear and accessories brand to the Indian market by launching the latest products. With the presence of Bollywood actresses and fashion influencers, Bata India organised the exclusive event. As Nine West Group parent Authentic Brands Group partnered with Bata India in 2023 for the right to manufacture, distribute and market, it was only a matter of time before Bata India and Nine West showcased their latest styles. Nine West is a global lifestyle brand that empowers women to take on the world in style. Currently, Nine West products are in 4000 distribution points in over 30 countries. Along with the promise of high fashion and premium products, Nine West launched its latest collection of unique silhouettes & dainty designs. Today, Bata India is the country’s largest footwear manufacturer and retailer with 2100 stores and 5 Crore annual customers. As Bata India continues to diversify their offering in different segments like fitness, daily work, trendsetters, and more with collaboration with many brands. It will be interesting to see how Bata India grows their business forward. What is your viewpoint about them? Did you know this news? #india #footwear #manufacturing #retail #brand
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Exciting News in the Fashion Industry! Aditya Birla Group's TMRW House of Brands has just made a significant investment in wrogn ltd, the popular men's apparel brand backed by cricket sensation Virat Kohli. The investment of Rs 125 crore ($15 million) secures TMRW a 16% stake in WROGN, valuing the brand at approximately $105 million. This partnership marks a strategic move for both parties. WROGN, known for its stylish casual wear and accessories, plans to leverage this funding to strengthen its presence across platforms like Myntra and expand its offline footprint. With aims to become a leader in men's casual and activewear, WROGN targets a revenue milestone of Rs 1,500 crore over the next five years. Founded in 2014 by siblings Anjana and Vikram Reddy, WROGN has made a name for itself in the casual wear market. Stay tuned for more updates as WROGN continues to innovate and grow in the dynamic fashion landscape! Read More: https://lnkd.in/gMvdR8wi #AdityaBirla #TMRW #WROGN #ViratKohli #FashionIndustry #MensApparel #InvestmentNews
Aditya Birla’s TMRW Invests $15 Million in Virat Kohli-Backed WROGN: A Strategic Expansion in Men’s Fashion.
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