India Retail News and Research
India Retail News & Views
We’d like to present a comparison on how jewellery retail chains TBZ – PC Jewellers – Gitanjali Gems stack against each other.
TBZ – Tribhovandas Bhimji Zaveri
TBZ’s gold jewellery and diamond-studded jewellery mix is 75:25. While 50% gold demand is from wedding, it is 40% in case of diamond jewellery. The share of fashion jewellery in gold and diamond is 50% and 60%, respectively. Revenue mix between gold and diamond jewellery has (more…)
The Pizza industry checks suggest that consumer sentiment remains weak but has not worsened in 4QFY13 as inflation in vegetable, chicken and wheat prices has eased compared to past 8 quarter averages. There is very limited visibility on shifts in consumer sentiment currently.
Jubilant Foods, the Master Franchise of (more…)
Reliance Retail has significantly stepped up the pace of store operations across various segments over the past few years and now operates 11.7mn sq ft of retail space. Reliance Retail has emerged as the largest retail chain in the country and is now closing in on Future Retail in terms of revenue (for comparable value formats). Below are key highlights of the company’s performance in Q4FY14 and FY14.
Despite difficult Economic situation under the Corrupt Congress Regime, Reliance Retail added 225 stores over FY14 taking total store count (more…)
Lifestyle, India’s leading shopping destination, is all set to reaffirm its impeccable understanding of customers & fashion with the launch of its Spring Summer campaign #StylePlay. A remarkable campaign #StylePlay leverages the strong presence of Lifestyle on social channels merging it with mainstream brand communication, thus creating a consumer connect unlike ever before.
Advancing with the baton of Lifestyle’s youthful and vibrant brand positioning, #StylePlay embraces key traits that define the generation of today: (more…)
In the past three years, organized retail players have seen their profitability erode on the back of rising rentals, high power costs, levy of service tax and above all a poor consumer sentiment. Amidst these headwinds, Reliance Retail has seen its retail business report a strong performance. Reliance Retail, now a pan India player has a presence in 141 cities with 1,577 stores covering over 10.7mn square feet. In terms of profitability, the company turned around at the end of FY13 at the EBIDTA level.
We expect penetration of organized retail to continue to increase as the presence (more…)
The market size of the retail industry in India is likely to have exceeded US$600bn in CY13. India is different with regard to other developed economies in that a large proportion of the retail market in the country is unorganised, with a proliferation of mom and pop stores. The organised sector represented just 16% of total retail sales in India in CY12 as against 85% in the US (though for China the organized sector is a lower 20% as well).
Food and grocery is the largest retail category in India, representing 60% of total spend, with clothing being second with 10% of total retail sales. Since food and grocery is not generally easily amenable to online purchases and the fact that electronics and general merchandise (more…)
Diwali is India’s time to turn it on: lights, fireworks, parties and long shopping lists. It’s when businesses get turned on: high season, new launches and lots of advertising.
What seems to stand out this festival of lights – is the lack of lights. There appears little illumination: across shops, malls and other public places. There appear few big / bright sales – few discounts/sales, modest queues and a lack of buzz. And while it’s really dull (more…)
Future Lifestyle Fashions (FLF), a soon-to-be listed company, which houses the de-merged fashion businesses of Future Retail (Central, Brand Factory, aLL, Planet Sports) and Future Ventures shared its growth strategy and expansion plans. FRL will hold 20% in this company. While management is fairly (more…)