The Indian Economic slowdowns is now pinching the pockets of Retailers more than ever. Reliance Retail is all set to position itself as “Value Retailer” to drive footfalls and improve its performance within the next 6 months. Reliance is positioning its Hyper, Super and Convenience stores as discount destinations (more…)
Month: December 2008
Challenges for Foreign Retail in India
While covering French Brand Labels in India, we also got to know about some of the Challenges MNC retailers face in India and here is an excerpt from the same.
Continuing on the legal aspects, Nicolas Fouchet, Director of Banana Moon Intimate Wear said,
I am working on a basic market research on the local and international competitors (brands, retail prices, marketing (more…)
French Luxury Brand Labels in India – Part -1
France is well known for its stylish luxury and premium retail brands. The $500 mn domestic market for luxury products (apparel, watches, jewellery, spirits and accessories) may grow over 20 percent year on year for the next 7 to 8 years. French premium retail labels foresee India as an attractive nucleus for making its presence through various sectors. The article is split into two posts and in the first one we will cover about brands and retailing while the second part will be focused on regulations and other hurdles for a MNC retailer in India.
Some of the luxury brands from France in India are as follows,
- Louis Vuitton and Axara in apparel
- Lanvin, Vichy, Lancome, Jean Charles Bosseau, (more…)
Franchisor goes Bankrupt – What can a Franchisee Do ?
While covering Rosebys last week, we had told that we come up with our thoughts on how to deal with Franchisors going bankrupt.
Until 2007 it was common for the Franchisee to go bankrupt and the Franchisor would steer the struggling business associate to safe ground. However, in 2008, the situation is a lot different. Many big Franchisers like 7-Eleven, Baker’s Square, Burger Chef’s etc have been struggling or have become insolvent.
The situation will be alarming when your (more…)
Kimaya Designer Stores + Spa + Cafe
Guess who is expanding during this time of slowdown – Kimaya Designer Store. The first Kimaya store was opened in 2003 @ Mumbai and since then Mr. Hirani is upbeat about his business. Kimaya (more…)
Luxury Brands Sale – UB City Collection
You may have read reports abour Real Estate crash in Bangalore – Buy one Apartment and get 2 properties free.. etc. However, the freebie and discounting model of business has also hit the high streets of Bangalore starting from UB City, Vittal Mallya Road.
It is a widely believed (more…)
Troubled Rosebys – Franchisee Bet for Growth in India
Troubled Home Decor and Lifestyle products retailer from the UK – Rosebys is planning to grow its business in India on the franchisee model.
What are Rosebys Stores ?
Rosebys offer 40 to 50 combination of home textiles, like bed-sheets in a price range between Rs 799 to Rs (more…)
Big Bazaar + Pantaloon Festive Season Growth
Earlier last month I had covered about the festive season growth witnessed by Pantaloon Retail India Ltd. There was a minor mistake – dates of festival in 2007 vs 2008. Hence to capture the broader scenario we are now comparing the same store sales growth between Sept – Nov-08 which is 10.7%, 9.0%, and (-)1.0% (yoy) SSG for Value, Lifestyle, and Home (more…)