Premium Essay

Retail Formats for- Textile

In: Other Topics

Submitted By neetugw
Words 250
Pages 1
Retail formats for- Textile

Mochi- This is a retail format which is on a very small scale. The traditional manufacturer, cobbler popularly known as” mochi” is a retail shoe store for people at base of the pyramid (the lower income group). People went to the cobbler to mend their footwear as well as buy shoes. It was a popular format in the past but with time new formats came into existence.

Speciality store- These are the organised form of retail outlets selling shoes of different brands under one roof. They have a wide product width and depth depending on the store capacity. These are the most popular formats prevailing in India as they provide footwear for the entire family (shoes for kids, women footwear, sports shoes and formal footwear). They cater to the mass market and their customer segment is the middle income group. The footwear prices are in a range which does not vary much. The speciality store employs staff to provide assistance to the customers to ensure they carry the footwear of the right fit and more importantly of their choice.

Malls- The shopping malls have a wide variety of products from apparels to footwear. The footwear in the malls are of high price though not very expensive and their customer segments generally are the upper middle class. Some of the brands in the malls are also available in the speciality stores. The malls do have staff to assist the customers and make their shopping experience

Similar Documents

Premium Essay

Analyis of Retial Industry in South Africa

...MARKET ANALYSIS FOR THE RETAIL INDUSTRY IN SOUTH AFRICA Contents Page Executive Summary 2 1. Introduction 3 2. Retail industry in South Africa 5 3. Macro and Micro environment analysis 6 3.1 Macro environment of Retail market in South Africa 6 3.1.1. Political Environment 6 3.1.2. Economic environment 8 3.1.3 Technological Environment 10 3.2 Micro environments analysis 11 3.2.1. Suppliers’ Environment 11 3.2.2 Consumers’ Environment 12 3.2.3 Competitors’ environment 15 4. Findings summarization 17 5. Conclusion 18 References 19 Executive Summary The purpose of the assignment is to develop the written and oral communication skills of marketing for business leadership students. The objective of the assignment is to aware students about the application of market analysis for the retail industry in South Africa. The retail industry effectiveness is dependent on the macro and micro environment analysis of the sector. The students of this group has done the analysis using different resources from South Africa statistics, Standard Bank, and other private consultancy reports that are listed in the reference list. According to the findings, South Africa’s economy is continuing in growth since 1994, which is after the democratic election that resulted from the failure of apartheid. During the regime of Nelson Mandela different improvement in poletical, technological...

Words: 4876 - Pages: 20

Free Essay

Textile Sector

...New textile policy brings in Rs 3,800 cr investment The Hindu Business Line: October 22, 2012 Mumbai: The textile sector is on the upswing in Maharashtra due to the new textile policy. Since April, the State has managed to attract Rs 3,834 crore in investments in 411 new textile projects, said State Textile Minister Arif Naseem Khan on Monday. Addressing the media after reviewing the process of policy implementation, Khan said that the new projects would provide about 30,000 jobs in the State. Most of the investment has happened in cotton spinning and ginning units. Textile companies are keen to set up units in Vidarbha, Marathwada and the Khandesh due to the ready supply of cotton, he said. “Due to the policy, the sector is likely to get Rs 40,000 crore investment in the next five years and generate employment for 11 lakh people,” Khan said. Khan said that the policy was not a single-window policy but a ‘zero-window policy,’ in which projects would not come to the Government for clearance, The due diligence is done by banks. If a company manages to get its loan sanctioned under the Technology Upgradation Fund Scheme from banks, then it is eligible for subsidy, he said. The Union Government initiated the Scheme in 1999, and it has attracted over Rs 4 lakh crore investments in the sector, as of date. Textile Secretary Sunil Porwal said that all the 411 projects have achieved financial closure. For the Rs 3,834 crore investments, about Rs 400 crore will be the subsidy...

Words: 2566 - Pages: 11

Premium Essay

Megamart Project

...A PROJECT REPORT ON A STUDY OF MARKETING AND PRICING STRATEGY WITH REFRENCE TO MEGAMART. 2. OBJECTIVES 2. Objectives of my study are as FOLLOW: To study the working of Mega mart To study the marketing strategy of Mega mart To study the pricing strategy of Mega mart To study advertisement policies of Mega mart. To study the buying process of Mega mart. To study the various functions of Mega mart. 3. PROJECT METHODOLOGY 3. PROJECT METHODOLOGY Project methodology is the process of collecting the information and helps to find out solution to the topic selected by the researcher. Project methodology starts with selection of topic which shows the introduction of the students. I have selected the topic of "A STUDY OF MARKETING AND PRICING STRATEGY OF MEGAMART". For preparation of project generally four methods are followed: 1. Interview: 2. Questionnaire: 3. Library Work and Internet: 4. The observation method: [pic] ...

Words: 6226 - Pages: 25

Premium Essay

H&M Expanding to the Brazilian Market.

...Management study program, as a module assignment. After dividing the workload within the first couple of days, we focused on writing each part individually and gathering and combining all parts in the end. This type of group work was a drawn-out process, but in the end it all worked for the best and we as the authors hope you enjoy reading this report. CONTENTS Foreword 3 1 Introduction 5 2 External Environment 6 2.1 Economic Situation 6 2.2 Demographics of Brazil 10 2.3 Import/Export (international scope) 10 2.4 Market environment 11 2.5 Competition 12 2.6 Legal; business format 13 2.7 Social aspects 13 2.8 Five Forces Analysis 14 2.9 Conclusion: Opportunities and Threats 16 3 Retail Formula 17 3.1 Business concept 17 3.2 International exposure 18 3.3 Target groups 19 3.4 Strengths and weaknesses 20 3.5 Recommendations of the Retail Formula 20 4 Conclusions & Reccomendations 21 Bibliography 22 1 Introduction Hennes & Mauritz (H&M) is a clothing company with around 2.200 stores, operating in 40 countries and employing approximately 87.000 dedicated people from different cultures. The start of this success dates back to the year 1947, when the then thirty year old Erling Persson left Sweden for a trip to the United States. On...

Words: 5526 - Pages: 23

Premium Essay

Retail

...1. Title of the paper “Impact of Multi Brand Foreign Direct Investment in Retail Sector in India (Before the approval)” 2. Author Name – Prof. Nikhil Polke 3. Theme – Retail 4. Institute Name & Address Tirpude Institute of Management Education 1, Balasaheb Tirpude Marg, Civil Lines, Sadar, NAGPUR – 440 001 5. Email – n.polke@tirpude.edu.in 6. Contact number - +91 99233 80707 Abstract India has been placed at first position in the category of countries with the best opportunity for investment in the Retail Sector by a survey of A.T. Kearney’s 2005 on Global Retail Development. The increasing disposable incomes among the Indian middle class and increasing young population have been cited as the main reasons for such attractive optimism. This positive opinion of the experts has also encouraged the intense lobbying by certain sections for opening Foreign Direct Investment in this sector. Foreign investors are also very enthusiastic to invest in India’s Retail Sector. At present India does not allow FDI in multi-brand retail but permits upto 51 percent in single brand retail and 100 percent in cash and carry wholesale trading. There is a ban on FDI in big multi-brand retail stores but there is no restriction on companies accessing the foreign equity market through the American and Global Depository Receipts. The Government of India opened up FDI in ‘Single Brand Retailing’ in the year 2006. This was done with a primary motive of giving a boost...

Words: 4792 - Pages: 20

Premium Essay

Standardization

...Import/export Main distributions channels Main brands Accessories Regional specifics Tendencies Conclusion Leningrad Region Chamber of Commerce Background of Fashion Market in Russia • Soviet time (till end of 80th) • “Second hand” time (end of  80th – middle of 90th) • Development time (middle  of 90th – 2008) • Crisis (2008 – ?) Leningrad Region Chamber of Commerce General information • General overview of retail market. * • Retail sales in Russia in 2008 accounted 13,850 tr. Rub (380 bln. EUR). • The forecast for 2009 is 15,235 tr.Rub – the growth is only 10%  vs 27%  growth in 2008. • The majority of Russian retail operators have changes their plans on store  openings for 2009.  • Clothing retail market overview: • Clothing, footwear and accessories remains the second‐largest retail  sector after food retailing in Russia. In 2008 it amounted to 1,452 bln RUB  (40 bln. EUR) • In 2008 clothing accounted for 61,7% of the total market,  footwear – 35,9%, accessories – 2,4% • In 2009 –estimation is about 4,9% decreasing * PMR research ”Clothing and footwear retail market in Russia 2009‐Luxury market insights and development Leningrad Region Chamber of Commerce Segmentation Price segmentation • Low - up to 35 euro • Medium ( low, medium, upper)- up to 70 euro • Premium – 70 euro and more Type segmentation • Women’s wear  ‐ 60% • Menswear – 28% • Children’s wear  • Sport and casual wear • Footwear  • Accessories  Leningrad Region Chamber of Commerce Specifics of Russians consuming ...

Words: 2828 - Pages: 12

Premium Essay

Annual Report

...COTONNIERS JAPAN CO., LTD. b PETIT VEHICULE S.A. b ONEZONE CORPORATION b ASPESI Japan Co., Ltd. b LINK THEORY HOLDINGS CO.,LTD. (Listed on TSE Mothers, Equity-method affiliate) b VIEWCOMPANY CO.,LTD. (Listed on JASDAQ Securities Exchange, Equity-method affiliate) FAST RETAILING ANNUAL REPORT 2006 13 The UNIQLO Business Overview of the UNIQLO Business In Japan’s highly competitive retail market, UNIQLO has positioned large-format stores as its growth driver and is accelerating their opening. Overseas, UNIQLO is carrying on its campaign to become a global brand and opened its first flagship store in New York’s Soho district in 2006. Market Environment In the Japanese economy over the past year, corporate profitability and consumer confidence have improved, but expenditures on apparel have remained sluggish. According to government surveys, consumption expenditures per household for the one-year period to August 2006 were 1.6% lower than for the previous year, while expenditures on apparel were 2.8% below those of the previous year. The retail apparel...

Words: 5399 - Pages: 22

Premium Essay

Linen N Things

...Eastern Linens, Inc.  Employees: 7,700  Sales: $874.22 million (1997)  Stock Exchanges: New York  Ticker Symbol: LIN  SICs: 5714 Drapery, Curtain & Upholstery Stores; 5719 Miscellaneous Home Furnishings; 5722 Household Appliances Company Perspectives: Linens 'n Things, Inc. is committed to providing a one-stop shopping experience for a broad assortment of high quality brand name housewares, home textiles and designer home furnishings; to keeping "won't be undersold" everyday low prices; to offering efficient customer service; and to maintaining low operating costs. Company History: Linens 'n Things, Inc. is one of the nation's two largest and most profitable specialty retailers of home textiles, housewares, and decorative home accessories. In 1998 the company was operating 176 stores (153 superstores and 23 smaller, traditional-size stores) in 37 states. The traditional stores averaged approximately 10,000 gross square feet in size while the superstores ranged from 38,000 to 50,000 gross square feet. The stores carry brand name "linens," that is, home textiles--such as bed linens, towels and pillows--and "things," such as housewares and home accessories. The superstores were located predominantly in power-strip centers and, to a lesser extent, in shopping malls. More than 25,000 stock-keeping units (SKUs) supported the company's six product categories: bath, home accessories, housewares, storage, top-of-the-bed, and window treatments. The company bought its inventory...

Words: 3065 - Pages: 13

Free Essay

Company Profile

...Company Profile Introduction Future group is one of the India’s leading business houses with multiple businesses spanning across the consumption space. While retail forms the core business activity of future group , group subsidiaries are present in consumer finance , capital insurance(Future Generali), leisure and entertainment(Galaxy Entertainment Limited), brand development (Future Brands), retail real estate development , retail media (Future Media) and logistics (Future Logistics). Big Bazaar is Indian personification of retail. It’s like an Indian bazaar or mandi or mela, the environment created by traders to give shoppers a sense of moment. Big Bazaar symbolizes modern retail, the business which isn’t looked up to in our country, is now in the eyes of many multi-national biggies. The group operates around 100 restaurants and food courts through its partner “Blue Foods” through brands like Bombay Blues, Spaghetti Kitchen, Noodle Bar, The Spoon, Copper Chimney and Gelato. Big Bazaar - “Naye India Ka Bazaar” (Market for New India) was introduced by the Future Group in September 2001Big Bazaar popularly known as the “Indian Wal-Mart “is the largest hypermarket chain in India. The head quarter is located in Mumbai. Big Bazaar is designed as an agglomeration of bazaars or Indian markets with clusters offering a wide range of merchandise including fashion and apparels, food products, general merchandise, furniture, electronics, books, fast food and leisure and entertainment...

Words: 1149 - Pages: 5

Free Essay

Unshakled Focus

...[Year] Parul [Type the company name] [Pick the date] Table of Contents VISION ......................................................................................................................................................... 2 INTRODUCTION AND PROJECT OBJECTIVES ................................................................................. 2 MARKET ANALYSIS ................................................................................................................................. 3 RETAIL IN INDIA.................................................................................................................................... 3 TEXTILE INDUSTRY IN INDIA ............................................................................................................ 5 COMPETITOR ANALYSIS ....................................................................................................................... 6 COMPETITORS TO VIRYA.................................................................................................................. 6 BUSINESS STRATEGY AND IMPLEMENTATION.............................................................................. 7 BUSINESS MODEL OF VIRYA ........................................................................................................... 7 SOURCING OF MATERIAL FOR RECYCLING ........................................................................... 8 PRODUCTS ..........................................

Words: 4467 - Pages: 18

Premium Essay

Shopperstop and Westside

...RETAIL MANAGEMENT ASSIGNMENT A COMPARATIVE STUDY ON SHOPPERS STOP & WESTSIDE SUMMIYA SAIFY 08PG198 Marketing - A Indian Retail Sector The Indian Retail Sector has undergone rapid transformation by setting scalable and profitable retail models across various categories and formats. Traditional markets are making way for departmental stores, hypermarkets, supermarkets and specialty stores. The modern malls cater to shopping, entertainment and food, all under one roof. It was estimated that India will have over close to 50 million square feet of quality retail space by the end of 2007. The growth in mall space has been over ten fold in four years: from about 2 million square feet in 2002 to 28 million square feet in 2006. The Indian Retail market is estimated to be worth around Rs. 14,100 billion. The organized retail market has increased its share from 3 % in 2004 to around 4 % in 2006 and is valued at Rs. 511 billion. Key Drivers Changing Demographic profile Rising income levels Increasing Middle class consumption growth Real Estate Boom Technology Fluidity Exposure to international trends Challenges Human resource Technology logistics Market Information and Presence Investments Overview of Retailing in India The Indian Retail market is estimated to be worth around Rs. 14,100 billion. The organized retail market has increased its share from 3 % in 2004 to around 4 % in 2006 and is valued at Rs. 511 billion (source: India Retail Report 2007). Food and grocery...

Words: 3314 - Pages: 14

Premium Essay

The Impact of Ib

...are advised to exclude the particulars of the group members who are free-rider in nature. 7. Last but not least, be cautious about plagiarism!!!!!!! 1/9 Case study 1: The Globalization of Starbucks Thirty years ago, Starbucks was a single store in Seattle's Pike Place Market selling premiumroasted coffee. Today it is a global roaster and retailer of coffee with some 16,700 stores, 40 percent of which are in 50 countries outside of the United States. Starbucks set out on its current course in the 1980s when the company's director of marketing, Howard Schultz, came back from a trip to Italy enchanted with the Italian coffeehouse experience. Schultz, who later became CEO, persuaded the company's owners to experiment with the coffeehouse format-and the Starbucks experience was born. The strategy was to sell the company's own premium roasted coffee and freshly brewed espresso-style coffee beverages, along with a variety of pastries, coffee accessories, teas, and other products, in a tastefully designed...

Words: 3400 - Pages: 14

Premium Essay

It in Apparel Trade

...The rapidly changing culture, politics and economics of modern life deeply affect the industrial environment, especially consumer industries such as textiles and clothing (Lowson, King & Hunter 1999). One of the impacts is that the contemporary North American and European textile and apparel industries suffer immense competition from foreign producers (Yan & Fiorito 2002). As early as the mid-1980s, imports were estimated to account for close to 50% of consumption (Lowson, King & Hunter 1999). As most imported textiles are produced with very low labor expense, huge amounts of inexpensive products can be supplied in the domestic market. Considering this situation, competitiveness in cost and quality continue to be key issues for textile manufacturers. In order to significantly reduce time and cost in the supply chain, the industry needed to become more focused on consumers by developing a supply chain management process that would be demand driven and production that would be synchronized to replenish product at the consumer's pull rate (Lovejoy 2001). Today, consumers desire to personalize the style, fit and color of the clothes they buy, and require high-quality customized products at low prices with faster delivery (Lee & Chen 1999). New manufacturing technologies such as 3D body scanners, CAD/CAM systems, and digital textile printers have played a key role in increasing the effectiveness, flexibility, agility, and precision of production. ...

Words: 6653 - Pages: 27

Free Essay

Details Needed

...in .doc format. {Few prerequisites before filling up the below details: * Roll no. has to be mentioned in full : * Mail ID needs to be the full mail ID: * Title should not contain any quotation marks. Ex ‘,’ cannot be included in the title. * Summary should be of maximum 200 alphabets. * Student Name should be the complete Name of the Student with the Initial and the Surname. * ‘Mentor’ would be the name of the faculty mentor of the student. * Choose your Industry from the List of Industries mentioned below. If it doesn’t feature in the List, then mention it in BOLD RED. } The details needed are: 1. Roll No : 2. Specialization: 3. Mail Id: 4. Title : 5. Company: 6. Course: 7. Summary : 8. Industry : 9. Student: 10. Mentor: List of Industries: 1. Advertising 2. Aeronautics 3. Automobile 4. Aviation 5. Banking 6. Capital markets 7. Cement 8. Chemicals 9. Construction 10. Consulting 11. Consumer durables 12. Electrical Equipment 13. Energy 14. Export Import 15. Fertilizer 16. Footwear 17. Health Care 18. Hospitality 19. Industrial Gases 20. Insurance 21. Investment 22. I.T. 23. K.P.O. 24. Logistics 25. Manufacturing 26. Market Research 27. Media & entertainment 28. Mutual Fund 29. NBFC 30. NGO 31. Personal Care 32. Personal Consumption 33. Personal Wear 34. Petroleum 35. Pharmaceuticals 36. Power 37. Precious Metals 38. Real Estate 39. Retail 40. Stationary ...

Words: 254 - Pages: 2

Premium Essay

Icrier Retail Report

...ECONOMIC RELATIONS Foreword The retail sector is expanding and modernizing rapidly in line with India’s economic growth. It offers significant employment opportunities in all urban areas. This study, the second undertaken by ICRIER on the retail industry, attempts to rigorously analyse the impact of organized retailing on different segments of the economy. No distinction has been made between foreign and domestic players, in analyzing the impact of the increasing trend of large corporates entering the retail trade in the country. The findings of this study are based on the largest ever survey of unorganized retailers (the so-called “mom and pop stores”), consumers, farmers, intermediaries, manufacturers, and organized retailers. In addition, an extensive review of international experience, particularly of emerging countries of relevance to India, has also been carried out as part of the study. The study estimates that the total retail business in India will grow at 13 per cent annually from US$ 322 billion in 2006-07 to US$ 590 billion in 2011-12. The unorganized retail sector is expected to grow at approximately 10 per cent per annum with sales rising from US$ 309 billion in 2006-07 to US$ 496 billion. Organized retail, which constituted a low four per cent of total retail in 2006-07, is estimated to grow at 45-50 per cent per annum and attain a 16 per cent share of total retail by 2011-12. In short, both unorganized and organized retail are bound not only to coexist but also...

Words: 95472 - Pages: 382