Expansion strategies of brands and retailers.. Allure entire high-end women class to wear Trussardi.. Also introduced the womenswear and kidswear collection.Wishes:. The advantages by the elimination of global textile quotas in 2005.. Enhance sales staff performance.Gini & JonyAchieved Targets:. Fashion apparel has been the significant segment in the terms of evolution in Indian retail industry,TN Requin pas cher, not due to its size but the way it has influenced lifestyle of the Indian people. To create a different brand identity for all in related segments.. In a span of less than two years, Daks brand has been successful to hit the Indian market despite of being a foreign brand.. Brands in apparel, textiles, jewelry, accessories, footwear, cosmetics and salons raised the business more than Rs 40,000 crore.The Indian retail market is evolving rapidly. To add 25 more stores.. Increased production capacities at Daman and Baddi.Wishes:. Many international brands march into domestic markets.. To put scissors on product assortment in terms of the number of styles - which will led company to serve better to fewer customers.. Expand in US market.. Enhancing perform of team - planning to establish systems to make them more productive and glad.Wishes:. Emerged steadily in the market - launched stores at Ahmedabad and Ludhiana, and planning three more in coming months.. Offer personalized services.. To train workers (sewing, inspection and finishing).. Begin a fashion week.. Many brands performed well in the mass segment.. To make fashion more affordable with a better ambience.RaymondAchieved Targets:. To enhance team's performance in coming years.BlackberrysAchieved targets:. In a move to concentrate on expansion and new concepts for brands, the company has signed agreements with global brands such as Nike and Levi's.. Indian fashion designers marked their names at International platforms.. It is the augmentation in fashion trends in India that revolutionized the merchandising system in retail industry. Expand in 5 lakh plus towns, providing similar buying experience.. A population of over one billion, a massive consumer class, India is considered as the most preferred destinations for investments.Apparel and textiles makes the biggest segment in retailing sectors, and if we accumulate all the other related segments such as jewelry, cosmetics, watches, health & beauty care etc at one single platform, then fashion would account nearly 60 % of the total retail sector.With radically changing fashion and retail industry, the Indian consumers are facing considerable transformation. Reaching a target business of two and a half thousand crores in 2006-07 fiscal.. With an increase income levels and increasing attitude "LOOK GOOD - FEEL GOOD", fashion is offering huge potential to penetrate deeper into the untouched Indian markets.Fashions will account nearly 95% in total sales in the department stores, while in hypermarkets such as Big Bazaar the share could be about 70%. To present new concept, where both international and local brands can be presented under single roof.. Indian retail would cover-up 50mn sq ft by 2007 of sales space countrywide, and nearly 50 % of the total space would be assigned for fashion retailing. Mergers and acquisitions, which let huge brands to participate in the local market.. Boom in luxury retail segment.. Enhanced merchandising let theDolce Gabbana Femme companies to enhance consumer relations.Few points on which retailers and brands should mull over:. Enhanced brand image from small to huge format flagship.Wishes. Avoid offering all at once. Introduced new brand "Trumart" with three stores in Mumbai and four in Pune.. To introduce a brand, which is competitive, enduring and reliable product.. Considerable expenditure on ad and marketing by apparel brands.. Started Asset Management Companies.. Increased capacity to attain a 40% growth rate comparing to the previous year.Wishes:. Signed agreement with Reliance. Excellent training and salaries to sales staff and be more mass-oriented.. Concentrated on top around 70 MBOs and trying to deliver better.. The organized retailing is developing at breakneck speed. To make Fashion Alliance more practical and a reality to make sure that it gains momentum.. Duty validation, especially in footwear which is at a 12.5 % as compared to apparel which is at only 4 %.. Higher development - In fact the highest of all segments and categories.. Concentrate on particular buyer or market segment. Massive spread-out of the malls, hyper markets and supermarkets throughout the country, even in non-metro cities.. Successfully introduced two brands: H2O Plus and CPS Clothing.. Take action to fulfill the demands.. Take a lead in the dress-up segment that features dressing for occasion, success etc in trousers, and also in men's suits.. Go for organized merchandising format for your company.. Collaborative tie-ups with non-competent services providers and brands.. Place well behaved, polite and trained sales staff to manage counters.. Managed tie-up arrangements for manufacturing Daks brand in India and Central Europe.. To implement system for on-time deliveries.. It is palpable that now Indian retail industry requires lots more of fashion. Excellent outsourcing with making dedicated team to take care of it.Forbes GokakAchieved Targets:. To Launch FDI for least lifestyle retail, this will lead Indian fashion designers to think globally.. Successfully introduced new product assortment such as non-iron shirt in Park Avenue and new suit ranges to uphold brand image.. Successfully reestablished its place in the market, with opening 22 stores.. Dominate the in all fashion segments like lifestyle, premium and value.. It is amicable to all that fashion is a vital part of both the retail industry as well as the brands. It was apparel that led multi-national brands to explore and invest in the Indian market, which led the ball rolling to rearrange the retail industry.Few key factors that shaped the fashion retail industry are listed below:. Gucci Femme To develop a stage where high-tech technology is available to small and medium scale producers so that they can enhance quality standards.PantaloonsAchieved Targets. Offer value-added products, not cash discounts.. Pull down custom duties on accessories and fabrics etc.Modelama ExportsAchieved Targets:. Launched MBO for leather shoes "Shoe Tree."Wishes:. Establish entire lifestyle stores for kids, under the brand Gini & Jony. Launched EBOs for all brands.. Expand product assortment in luxury, premium and affordable segments.. To introduce specialized product assortment, featuring all-weather conditioner and change character consequently to match the consumer demands.. Also signed agreements for Trussardi and Savile Row.Wishes:. To work close with fashion institutes like NIFT to revise and develop fashion trends.. Try to become exclusive stores for specific brands and adopt shop-in-shop system.. It is anticipated that about Rs 20,000cr retail sales would be coming-in from the fashion retailing. Offer uniform sizing throughout the country.. Launched Big Bazaars in remote towns like Sangli.Wishes:. The IPO got oversubscribed by nearly 12 times that generated about Rs 108 crore.Wishes:. Fashion has led the retail industry boom and it has sustained its dominance in every malls, markets and stores.Since the spread-out of malls is increasing, the major issue will be how to organize fashion retails industry, has potential of making Rs 50,000cr business by the year 2007. Try to get feedback from the consumer on "What they want?"Review of some of the retail industry players on the attained targets and their wishes for the current year:BenettonAchieved Target:. Create enhanced retail space for high-end retail.. To launch a website that talks about lifestyle and fashion.Sports StationAchieved Targets:. Arranged tie-ups with some global brands, such as J Jill, Tommy Hilfiger, Hugo Boss and Marks & Spencer.. Looking for continues support from the consumers and to emerge as fastest evolving brand.. People should enhance living standard, moving to mono-brand from multi-brand outlets.. Expanded product assortment mix and added knits, which was entirely woven product base before.. To get recognition as global brand in the international market.. Introduce or acquire new brands in fashion.. Introduce products assortments in a phase manner with latest trends.. Identify and present the consumers' fashion requirement.. To be a front runner in the Indian apparel market.. To rope-in best fashion industry veterans.PiramydAchieved Targets:. Validating countervailing duty (CVD) which is at of 60 %.Fibre2fashion.com - Leading B2B Portal and Marketplace of Global Textile, Apparel and Fashion Industry offers Free Industry Articles, Textile Articles, Fashion Articles, Industry Reports, Technology Article, Case Studies, Textile Industry News Articles, Latest Fashion Trends, Textile Market Trends Reports and Global Industry Analysis.To read more articles on Textile, Fashion, Apparel, Technology, Retail and General please visit http://www.fibre2fashion.com/industry-article If you wish to download/republish the above article to your website or newsletters then please include the "Article Source?. To launch a magazine on fashion.. Signed license agreement for its kidswear brand 'Levi's Sykes'.. Also, you have to make it hyperlinked to our site.Copyright ? 2006.
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