Year: 2010

The last few months have been extremely busy for all our analysts. However, before we end the year, we would like to report the status of the Indian Retail Industry after the Boom, 2009 Bust and Stabilization cycle of 2010.

India is the fifth largest retail market globally, with a size of US$500bn., and has been growing at 7% per annum. Retail (more…)

Some of the interesting anecdotes from the India retail summit by distinguished speakers are as follows. Do let us know what you think of the same.

1. 8 in (more…)

In the Retail Forum 2010, Bindu Sethi, Chief Strategy Planning Officer, Grey Asia Pacific offered a glimpse of Consumer Minds while Shopping, which is particularly applicable to South Asia and India.

1. Retail is a school not a store: (more…)

Since the business restructure enabling different chains to grow, we would like to compare on how they have speard their retail wings despite difficult times in the Industry.

The (more…)

In continuing coverage on Titan we would like to discuss about some of the Myths & Realities of Titan’s Retail Business.

Competitive Industry Impacts Margins – Titan has a huge competitive advantage in both its Jewellery and Watches businesses with strong brands, design capabilities and distribution. Titan’s financials have demonstrated the entry barriers to the business: despite the entry of a number of players in the industry.

The (more…)

Titan Industries has reinvented itself as a sought after Brand for consumers in India. We will have a look at the current state of the 3 Large Segments of its business – Watches, Jewellery and Eyewear.

Watches – Not Just Time, but Fashion:Department store growth rates are at robust levels – and as department store sales are impulse purchases in the watch segment, they indicate good sentiment on watches. Fastrack is doing well and there is a scope to leverage the brand even more into the accessories space. Titan holds c70% of the organised market share.

The company sees a big opportunity to target the INR5,000-20,000 band. Titan has brands such as Xylys and Nebula and a multi-brand watch format Helios (where it has international brands such as Tommy Hilfiger) to play in this segment. They expect to open around 15 Helios stores this year (plan to have 50 stores in next three (more…)