-Discussed PEST, SWOT, Market Potential -Value chain given - Do survey on BrandName -Check Brand Essence - Research on Supply chain - SWOT is fine -Show the key highlights of Research -Show the financials on the PPT too - Complete the Financials Zuhra The emerging star... Submitted by: FMG-3 Group – 7 Anjali saini Kajal Bhuwania Ruchi Rani Business idea The Indian women of 21st century are not backward than any other woman of the world. She is growing herself everyday whether its sports, academics, business or fashion. Today’s Indian women now want to be independent and live her life with her own values, not overpowered by men. Even after being so open-minded and influenced by western culture, these women are connected to their Indian roots, their culture. For these bold, strong- will powered, ambitious women, we are going to provide an apparel brand with which they will make an impact wherever they go. Although there will be international styling to the garments, there will be a feel of Indianess in the garments through small detailing like embroidery, classic buttons etc. The formal wear now is becoming more informal day by day. Majorly suits and salwars and sarees are worn by Indian women after the age of 30 years but with more influence of western culture the trend is changing. Our products will be designed to cater to both the needs of the customers i.e. being in classic western workwear yet being connected too the culture. The products could be worn as workwear and evening wear also. Shopping is no longer considered a routine, humdrum activity. It is perceived and experienced as a pleasurable and relaxing moment. Shoppers especially women, enjoy engaging themselves in this activity. Most women are ‘bargainseekers’. Be it India or the West. She, with her alert mind can see through the new trends, display of the products and ofcourse most importantly , the ‘PRICE’. Even with no intention to buy, she usually ends up being the ‘impulse shopper’ of the family. It is opined that though men make a one time big purchase, which may be equivalent to a woman visiting the store twice, she is the ‘Most Valuable Customer (MVC) who looks for Life Time Value (LTV)’. This is the goal of the brand i.e. to create a emotional bond with the customers which other brands are not able to do and to give them ‘Value for money’ for their every purchase. Business Opportunity For the upper middle class the new mantra is the ‘cash is king’ slogan. It is this class that this brand of formal wear seeks to target, the class that recognizes the importance of formal wear at work places, is not spoilt for choice, has a taste for brands, is willing to try the “ new and different “ and is looking for value for money instead of being only brand loyal. By slotting the brand and the products in this clear created market niche, our brand seeks to climb up the value chain . First it intends to position itself as a new “ value for money “ brand and then wrestle with the giants to first compete with them and then penetrate the market with aggressive point of sale and promotion backed up by a careful mix of pricing and positioning as the product and brand enters, settles and matures over time. According to research there is huge opportunity in this segment. Some of the major brands in women work wear are Van Heusen, Allen Solly, Wills Lifestyle, Loui Phillip, etc. which all started with men’s formal wear. There is no single brand in India which caters to only women’s wear sector for work wear. Some of the research analysis results are as follows: Apparel market approx. Rs 40,000 crore Organized market- Rs 12,000 cr Accessories- Rs 2,400 cr Urban population of India – 297million 27% of females in urban India are employed India has world’s largest no. of professionally qualified women Women’s wear segment-31.7 % share in apparel market Share of branded apparel is 12% in women, indicating huge potential for upgrading and branding. Western suits and trousers/skirts have emerged as the highest growth rate categories in women’s wear. The growth of western wear category is highly linked with the employment prospects of young women in the services. India has second largest working population, which is expected to constitute 53% of the total population. At 24 years, India has the lowest median age of population in the world and is tipped to have one of the largest workforces for years to come. Besides sheer numbers, the younger population has high inspirational values, greater exposure to branded apparel and more disposable income to spend on fashion. Indian corporate salaries have grown at 14% per annum which is fastest globally. Salaries for freshers have increased by 2-3 times over the last decade. Current economic conditions have not stopped consumers from continuing too make innovative companies hugely successful. Innovation has become a primary value. In this new world, there is ‘value’ in being first, fast and foremost. Currently there are no important chains of fashion accessories in both western and Indian mix. This is an unexplored opportunity waiting to be grabbed by enterprising retailers, or those who have the courage to evolve new paradigms. The merchandising should be distinctive and able to create a distinct brand identity. India has a large no. of aspirational young earners who have become extremely brand-conscious. With increasing salaries and higher disposable incomes, young India is willing to shell out more for branded lifestyle products, especially apparels. For more than 6 years the market has seen higher value growth rate in women’s wear than in men’s wear but significantly lower volume growth in the women’s wear segment during 2008 has reversed the trend with value growth rate in men’s wear being 8.7% as compared to 8.3% growth in women’s wear due to recession. As compared to 5.7% volumes growth in 2007, the women’s wear segment recorded 16,765 lakh unit sales in 2008, growing only 4.2 % over units sold in 2007. the market in 2008 was valued at Rs 41,050 crore, an annual growth of 8.3%. the fact that women controls the family regular spends, they are the first to cut down on their own requirements in situations like recession. Some of the relatively growing women’s wear categories were formal wear trousers and shirts (9.1 % in terms of volume and 15% in terms of value), t-shirts and ethnic wear. With rise in working women, these work wear categories have been shown a faster growth rate over past 2-3 years. Western suits, coats and blazers experienced 2nd largest growth rate i.e. 8.7 % each in volume terms. The trousers/skirt category has reached a market size of Rs16.67 billion(value growth) and volume to 16.25 million units. Source: http://www.google.co.in/#hl=en&q=poters+five+for+apparel+retail+industry+&aq=f&aqi=&aql=&oq=&gs_rfai= &fp=525726a9e37f269e http://www.indiaonestop.com/womenindia.htm http://www.indg.in/health/68-indian-working-women-suffer-lifestyle-diseases IMAGES YEAR BOOK (2009-2010) Branded Vs Unbranded Unbranded Branded 37% Western formal 63% 38% western casual 62% ethnic wear 50% 50% fabric 50% 50% The analysis here shows that customers buy more of western formal wear from branded shops than unbranded shops. The same result id for western casual wear. Whereas half of the customers buy unbranded ethnic wear. Thus there is huge opportunity and demand in branded formal wear segment for women As there are very less brands available in the market. Source: (the knowledge company Technopak)B.W. Marketing Book 2009-2010 (p.339) Brand neutral Western formal Brand indifferent Brand loyal 27% 28% western casual Ethic fabric 33% 32% 40% 40% 24% 36% 25% 35% 40% 40% The analysis shows that there is huge loyalty in customers for branded apparel in western formal wear. As there are very few brands catering to this section in women’s wear, there is huge potential for new brands in the market. Source: (the knowledge company Technopak)B.W. Marketing Book 2009-2010 (p.341) Youth snapshot Well-to-do dabblers PEST Analysis Economical environment With GDP growth rate of 6 % per year, retail opportunity in India is slated to rise by about US$ 160 billion in next 5 years, and another US$ 220 billion in subsequent 5 years, with an ever growing share of modern retail. This will help all the upcoming brands in organized retail sector to grow. There is a reduction in the no. of days to incubate a business from months in the late 1990s to less than 3 months in 2000 and subsequently to less than 30 days currently. Apparel industry is estimated to directly employ approximately 35 Mn people apart from the indirect employment in allied sectors, thus making it the second largest employer after agriculture. The domestic market has shown a significant growth in past few years registering a CAGR of ~18%. Though men’s wear is the largest category with a value of US$ 10.3 Bn, children’s wear and women’s wear are the fastest growing categories. Organised apparel retailing is expected to grow faster at a CAGR of 24-28% over next 5 years Share of organised apparel retailing is expected to reach ~ 30-40% in 2012 from current ~ 20% Indian readymade garments (RMG) industry expected to reach ~ Rs. 2.4 trillion in 2012 from ~ Rs. 1.3 trillion in 2007 growing at a CAGR of 12.7% Social environment Rise in per capita income: as per data from RBI, the average income in India is rising by 10% (CAGR for last 6 years), and the same trend is expected to be carried forward. Due to rise in per capita income, there is more disposable income left for expenditure on apparels and lifestyle products. Rising urbanization: as per the census figures, urban population, as a percentage of total population stands at 30% now and will increase up to 42% by 2030 as more and more people migrate to cities to look for job opportunities and better living standards. More women look for job opportunity, more demand for formal clothing. Dropping dependency ratio: looking at urban population across India, it can be said that the dependency ratio which was high at 35% of urban population in 1991, is estimated to reduce to nearly 28% by 2016. Due to this, there will be more no. of nuclear families and people living alone, thus more impact of western culture in terms of lifestyle and clothing. Changing mindset of a billion people: Indians are moving from a saving and necessity driven living to a far more indulgent living. What had a functional need earlier has taken on the color of ‘needs’ to acquire a relative status and esteem. Movement away from basics in consumer’s purse: as per ‘India consumer trends’ released by Technopak, 27% of the wallet share was available for discretionary expenditure in 2003, the same has now increased to 30% in 2008, and is estimated to increase to 32% by 2013. Political environment Repatriation of Investment Capital and Profits: All foreign investments are freely repatriable except for cases where NRIs choose to invest specifically under non-repatriable schemes. In the textile and apparel sector, 100% FDI is allowed under the automatic route. FDI in sectors to the extent permitted under automatic route does not require any prior approval either by the Government of India till date only 1% of total FDI inflow has come in this sector. The primary reason for major investment in other countries has been duty free access to major markets, a parameter on which India ranks way behind. Low inflation and rent reductions of up to 40% in Tier-2 and 3 cities also help make India the most attractive retail investment destination in the 2009 GRDI. Technological environment Production Capacity: India has one of the largest textile production capacities in the world which continues to grow and modernize. The capacity in spindles in the mill sector increased from 35.9 Mn in 2007 to 38.4 Mn in 2008. The number of shuttle-less looms rose to ~20,000 in 2008 from 16,600 in 2007. Building on top of the textile engineering base and other fashion studies, has resulted in Simultaneous growth of the organized branded market within India, as well as the entry of larger companies sourcing from India. The government is very proactive in developing investor friendly policies and several other initiatives. The government of India has a technology up-gradation fund (TUF) for the textile and jute industry. The competitiveness of India’s apparel sector is adversely impacted by an inadequate domestic supply of quality fabrics. Fabric imports are subject to high duty rates and other domestic taxes that increase the cost of imported fabrics. Another major weakness of the Indian apparel sector is a lack of product specialization which, along with a limited fabric base, has limited India’s apparel production and exports to low value-added goods. India's IT companies have quickly moved up the value chain and have in fact become some of the biggest beneficiaries of technology outsourcing. Sources: Tecknopak perspective/ volume 2 Images year book 2009-2010 CMIE PORTER’S 5 FORCES ANALYSIS 1.THREAT OF NEW ENTRANTS Economies of scale Zuhra has a huge potential of economies of scale as they are working on huge scale for its distribution channels. As the economies of scale are high so threat of new entrants will be low. 2. Product Differentiation a) The products of Zuhra are high in international fashion and a dash of Indian elements to attract the target group, also product differentiation is low in competitors, thus threat of entry barrier in this segment is not very high. b) The USP is great depth as well as width in the products assortment with high styling. 3. Capital requirement The brand will require high initial investment as their will be competition from the international players which have high advertisement budgets.(ATL & BTL both). 4. Access to Distributi8on Channels Requires very strong distribution channel to reach the tier 1 & tier 2 cities in pan India, which would not be easy for a new entrant. 5. Government Policies Due to the joint venture policies by the government it is a lucrative market for the international brand so entry barrier is low. 6. Expected retaliation with other industry players a) The brand will come up as a standalone store for women’s wear store and will provide employment to thousands of skilled workers. b) However, entry barrier for unorganised sector will be low due to the imitation of designs. 2. BARGAINING POWER OF SUPPLIERS The bargaining powers of suppliers will be high as there are many suppliers in the apparel industry . Supplier product has high switching cost a) The switching cost of supplier will be very high as there are many suppliers for the products. Supplier threaten to integrate forward a) There is very little threat from the supplier because only the basic construction of the garment is being done. Final finishing will be performed at the in house production team to avoid any copying of designs. Role of Quality and service a) Due to adoption of new technologies both the suppliers will be benefitted. b) If the rejection rates are low there will be reduction in inventory cost with just in time delivery. 3. BARGAINING POWERS OF BUYERS Differentiated products a) Zuhra as a brand has Products which are differentiated hence bargaining power is low. b) Such differentiated products are available in high end brands. Buyers having switching cost a) Buyers have high switching cost and low customer loyalty due to other established brand available. Purchase accounts for a significant fraction of supplier’s sales. a)There are multiple numbers of buyers for zuhra products. 4. THREAT OF SUBSTITUTE OF PRODUCTS a) Threat of substitute products is very high because of the unorganised retail. However, threats of substitute can be reduced by providing more differentiated products.. b) Plenty of offerings in premium and super premium category. c) Growth in online shopping 5. LARGE NUMBER OF COMPETITORS a) Competitors adopting aggressive growth strategies as well as eyeing top cities b) Stiff competition from small town stores and specialty stores c) Less of differentiation in competitors and high switching cost There are very few direct competitors like Van Heusan and Allen solly,for Zuhra. But these retailers sell their products at a higher price and have less differentiated products in terms of design. Thus there exists a very subtle rivalry among existing competitors SWOT ANALYSIS Strengths Differentiated styles and products from that of competitors (international styling with a bit of Indian feel) i.e. western-indo clothing which are not available in the current market for work wear. Giving consumers ‘value for money’. Lower price points than major competitors like Van Heusen and Allen Solly. First movers in advantage for only ‘Women’s wear’ category for work wear (formals and semi-formals) in India. Giving products for complete head-to-toe look for work wear. Availability of all sizes of garments keeping in mind Indian women’s figure. Weakness Competing with giants requires deep pockets and that would be difficult for a startup as it struggles to establish itself . It will be difficult to displace the obvious and first choices in the customer’s minds. As is the trend , most of the budget these days is spent on buying casuals or party wear by the target segment, the product/brand has to jostle with them to get a “ sizable share of the wallet” of the customer. High risk in acceptance of the product Opportunity Since there are less new launches of formal wear, hence the potential to carve a niche and be able to compete with existing global majors is very high. A rapidly growing market would ensure that there is room for all –both old and new. Increase in working women and their lifestyle due to effect of modernization in India. Can create huge change in formal fashion lifestyle. Threat One of the biggest challenges in Indian textile and apparel industry is that 95% of the industry is unorganized – small fragmented units. As India rises and it’s workforce too, so does inflation along with the GDP. Hence affordability with rising earnings and incomes , continues to be an issue. Large Multinationals with deep pockets have the potential to buy out or eliminate competition, in case it poses serious threat to their business A lot of competitors in existing formal wear segment in term product and price competitors like Van Heusen and Allen Solly. RESEARCH OBJECTIVE & METHODOLOGY Objective To study the consumer for work wear brand ‘Zuhra’ Sub-objectives - To study the demographics of three different segments - To analyse the spending power of the customers - To know the customer acceptance of western-indo work wear - To determine the consumer choice of formal wear - To study the customer’s psychographics while buying a garment - To determine the positioning of different brands in customer’s mind Methodology -Descriptive research (quantitative analysis and survey) -Preparation of questionnaire for customer study (questions used are dichotomous, multiple choice, Likert scale and open ended questions) -Pre testing of questionnaire -Data collection -Data analysis -Conclusion SAMPLING PLAN Sampling frame: The study was carried out at the following places: INFOGAIN, Noida TIC INDIA Co., Karol Bagh Sample size: 50 working females and students sample unit : 21-25 years-20 26-30 years- 20 31-35 years-10 RESEARCH & ANALYSIS AGE DISTRIBUTION 21-25 Y 26-30 Y 31-35 Y 35& ABOVE Y 0% 20% 40% 40% Times of visit in a year 21-25 Y 10% 5% 0 26-30 Y 31-35 Y 35%40%40% 45%40% 25% THRICE FOUR & MORE 20% 20% 10% ONCE TWICE According to analysis, females in age group 21-25 years shop mostly thrice in a year for work year, Target age group 26-30 years shop more than four times a year for work wear i.e. these females are very regular in shopping for work wear as this is the growing stage of female in corporate world and age group 31 and above shopping behavior is also very regular in case of work wear. AVERAGE SPENDING 21-25 Y 50% 30% 40% 20% 30% 26-30 Y 20% 31-35 Y 20% 30% 5% 1000-2000 2001-5000 5001-10000 20% 30% 5% 10000 & ABOVE According to analysis, females in age group of 21-25 yr spend in between Rs10005000and mostly between Rs1000-Rs2000. TARGET Age group 26-30 yr spend between Rs2000- Rs5000 at a time. Age group 31yr and above spends Rs5000- Rs10,000 at a time, this shows they have more disposable income to spend on premium brands on shopping for work wear. Characteristic of a garment 21-25 years 4.7 5.1 26-30 years 31-35 years 5.5 5.1 4.1 4 3.2 3.1 3 2.8 comfort design color 2.6 5.8 5.1 3.1 2.1 1.4 1.2 1.2 brand fit price According to analysis, customers of all age group first look for the fit of the garment, then the comfort, followed with design, color, brand and then price. SHOPPING AREAS 21-25 Y 26-30 Y 31-35 Y 55% 55% 60% 25% 35% 30% 10% 10% 10% MALLS MARKET FLEE MKT 10% 0 0 OTHERS In all the age groups, more than 50% of females shop work wear from malls and then markets. FAVORITE BRAND 21-25 Y 26-30 Y 31-35 Y 55% 40% 40% 35% 30% 20% 20% 20% 5% VAN HEUSEN ALLEN SOLLY 10% PARK AVENUE 20% 5% WILLS LIFESTYLE In the age group of 21-25 yrs, favorite brand of the customer’s is Allen Solly as it has become a young brand for formal wear. The target group has favorite brand “Van Heusen” as it has more of corporate look than Allen Solly. The same choice is seen in age group 31-35 yr. thus, major competition is from ‘Van Heusen’ and ‘Allen Solly’. USUALLY WEAR 21-25 Y 26-30 Y 31-35 Y 60% 40% 25% 30% 15% western-indo 60% 35% 25% 10% ethnic-wear western wear Most of the females would like to wear western formal wear in age group of 21-25 years. The target group 26-30 yrs would prefer to wear western- indo wear and western formal wear and less of ethnic wear. Age group 31 and above would prefer to wear ethnic and western indo work wear. Preference in WESTERN wear 21-25 Y 25% 35% 30% 20% 40% 20% 26-30 Y 31-35 Y 45% 30% 25% 10% shirt-skirt shirt-trouser 1 piece dress 10% 10% 3 piece suits Most of the females in age group 21-25 yr would like to wear 1 piece dresses for formal wear and then skirts and then trousers with shirts. Target Women in age group of 26-30 yr would like to wear shirts and trousers mostly and then shirts and skirts. Women above 30years would like to wear 3 piece suits in western formal wear. Preference for Western-indo work wear 21-25 Y 65% 65% 26-30 Y 31-35 Y 60% 30% 20% 15% 20% 10% 5% yes no may be Almost all the females in all age groups would like to wear western-indo work wear. Information channel 21-25 Y 50% 45% 26-30 Y 31-35 Y 40% 30% 30% 20% media 20% magazines & ne 15% 20% 10% internet 10% 10% others The analysis shows that most of the working females and professional students read magazines and newspapers through which they know about current fashion. COMPETITOR ANALYSIS Van Heusen Van Heusen — a brand with a rich heritage. Born in 1881, it is owned by the Philip Van Heusen Corporation, a US $7 billion company with its headquarters in New York. Launched in India in 1990, Van Heusen has taken forward the philosophy of innovation in multiple ways. Van Heusen entered into Indian market through a joint venture with Madura Garments a unit of Aditya Birla group. Van Heusen introduced colour to boardrooms with collection like Corporate Cocktails and Inferno. Soon afterwards, they introduced a wrinkle free shirt that could deal with the push and pull of corporate life. Van Heusen has been growing in India at a steady rate of 20 percent every year and the company plans to achieve target revenues of Rs 350 crore (Images Business of Fashion, 2008)Van Heusen, a leading global shirts brand of Phillips-Van Heusen Corporation– a Dutch fashion powerhouse–has been perpetually licensed for India to Madura Garments Lifestyle & Retail, a leading lifestyle apparel company of Kumar Mangalam Birla-led Aditya Birla Group. Apart from Van Heusen, Madura Garments has revolutionised the country’s readymade apparel and retail business through brands like Louise Philippe, Allen Solly, and Espirit. The group also operates several other apparel businesses including Peter England Fashions & Van Heusen in India is reputed for bringing fashion to the boardroom. It has redefined 'formal' consistently and brought colour into corporate. It has a complete range of products for men in shirts, trousers, outerwear and knitwear as well as an extensive range of accessories like innerwear, neckties, belts, bags, eyewear, shoes and cuff links. Add to this Van Heusen Woman and Vdot, and the brand truly dominates the lifestyle space. Van Heusen has made every fashion season a landmark one. Van Heusen goes green with ECO range collection Going green is by no means an ad campaign. It’s not a novel way to launch a shirt. It’s not because it’s the done thing. It’s about initiating a change and making every effort to sustain it. Van Heusen has announced the launch of ECO line shirts, their new collection to celebrate the glory of the season. Wear 100% organic substances with comfort, style and elegance in VH stunning styles from the different ranges for men and women. This nature-friendly product has formal, semi-formal and casual shirts collection for men as well as women in terms of variety in colors and price range. A complete shirt range made from 100% natural raw material, organic cotton, made from untreated cotton seeds and natural dyes. Enter eco line of shirts that is not just environmentally friendly, but marks the turning point for Van Heusen. The shirt itself is made from 100% organic cotton, which is grown in the most natural conditions. Every care has been taken to ensure that no artificial or chemical substances are used. This ensures that soil cycles are protected, not just helping ecologically but also helping humanity at large. . Till date, they have planted over 17,000 saplings in the city of Bangalore. In essence every eco shirt purchased means more trees planted. The next stage is to phase out the use of paper bags and ensure each store has reusable jute bags. So even if you aren’t shopping with Van Heusen, you’re still helping the environment. Vision The organisation commitment to customers orientation is found in its vision- “ To be the undisputed leader in the lifestyle industry delivering continued value growth for all stakeholders” Value The organisation quality policy reads as – Madura Garments, in partnership with its business associates, will strive to achieve the highest standards of customer’s satisfaction through innovation and continuous improvement in its products and services,” Madura Garments is an ISO 9001-2000 certified company Personality MODERN: Updated. Clean. Today. MINIMALISTIC: Less is more. Believes in modern art principles of form, shape, colour and simplicity. TIMELESS Van Heusen is timeless. It bears the hallmark of per fection in its make and features. FASHION RIGHT: Van Heusen has always expressed itself in today’s fashion. Our designs are relevant for their time; neither behind nor too cutting edge. Consumer Van Heusen Man The Van Heusen man is disciplined, highly educated, well travelled and fashion conscious. He is an articulate person, who believes in the philosophy of ‘less is more’ and exudes impact in ever y action. Van Heusen consumers are professionals and corporate executives who believe in leaving a mark wherever they go. 25 to 45 years of age Businessmen, professionals and executives Middle to high income households Aware of emerging and current fashion trends Van Heusen Woman The Van Heusen Woman is smart, savvy and an extrover t. She is self assured and leads her own life. She’s extremely sharp, fashion for ward and makes her own decisions. A modern day business woman, who is always in the spotlight, second to no man.25-35 years old Urban, intelligent and classy, Modern, ambitious, dynamic and multi-faceted Well - t r a v e l l e d : Has international fashion exposure Strong, yet poised and feminine Van Heusen stands for corporate fashion and functional innovation. Whether it’s a boardroom meeting or a cocktail part y, what you wear defines a large par t of you. Van Heusen Price points Shirts Trousers Skirts Suits Capri Blazer Camisole Dress Waistcoat Rs1000-Rs1600 Rs1300-Rs3000 Rs1300-Rs2500 Rs5500 Rs1295 Rs4000 Rs1495 Rs1500-Rs3500 Rs2500 VAN HUESAN MAN •Dress shirts , •Ties, belts, Cuf flinks, handkerchiefs, socks, sunglasses, watches, leather •accessories, shoes and innerwear •dress trousers , •chinos , suits, blazers and knits VAN HUESAN WOMEN •Woven tops, trousers, dresses, tunics, knits, suits and blazers •Bags, shoes, scar v e s , stoles , belts and jewellery V DOT •Denims •Casual / club wear shirts Brand’s communication reflects lifestyle imagery rather than just work/formal imagery and the new Van Heusen view of itself as modern lifestyle. There has been a great shift in the brand imagery. The ‘aggressive, stiff, trying too hard’ look has been played down, without compromising on Van Heusen’s trademark POWER PERSONA. The brand has been made to look younger, vibrant and sexy. The object is to add style to substance. Lifestyle advertising creates a thematic Van Heusen look for the brand to create synergy across ranges. TV is used judiciously to communicate innovations through niche channels. A balance between theme and tactical communication is sought to be achieved. Stories carry minimal copy, and consistently move towards a lifestyle look. Non traditional media like events, Net and PR are fully exploited. Communication is completely lifestyle-led: each as is able to communicate a range of products, not just one or two. As a part of promotional exercise, the leading lifestyle fashion brand will also organise a has Men’s Fashion Week. For this purpose, the company has entered into an agreement with the Fashion Design Council of India. The brand has also chalked out an aggressive plan for marketing its products. It plans to spend Rs 20 crore, or roughly 5 percent of targeted turnover of Rs 400 crore, on such activities this year. Van Heusen launches the exclusive Ghajini line, which is for today's uber-confident young Indian male who has it all. This new range of exclusive modern and minimalistic formal apparel captures the distinct look of Aamir Khan in his much awaited movie — Ghajini. The Ghajini line translates the style statement of the character played by the iconic actor who is disciplined, self-made, educated, well travelled and fashion conscious. The Van Heusen Ghajini line has the unmistakable stamp of an achiever, a fashionable tycoon, personified through slim plackets, narrow ties and mid-waist straight fit pants. Add to that the waistcoat, and the line aptly articulates the contemporary formal look. LIMITED TIME OFFERS – SALES PROMOTION Pamper your dad this father’s day with Van Heusen June 19, 2009 (India) He can be your friend, your confidante. He is a monument of hope and strength to all. A hero to every girl and a buddy to every boy…he is your father, your teacher, your mentor! On the occasion of Father’s Day, Van Heusen a premium lifestyle brand offers a plethora of gifting options to express your love and gratitude to the most ‘Special Man’ in your life. This Father’s day, gift your father an ideal gift; a combination of Tie and Cufflinks in an attractive gift box or choose from a variety of watches in addition to the latest collection of half sleeved shirts, Linen blazers, or the Ceremonial suits from the Master of Ceremonies collection. For a more relaxed day you can gift him denims, polo T-shirts in dark hues, perfect for this monsoon!! EVENT SPONSORING BY VAN HEUSEN FDCI to create Van Heusen India Men’s Week July 13, 2009 (India) Creating a milestone in the world of Men’s Fashion, Van Heusen, the country’s leading lifestyle brand announced a tie up with FDCI, India’s national body promoting Fashion & Design to create the Van Heusen India Men’s Week, the annual conclave for men’s fashion in India. The Van Heusen India Men’s Week will see the first world class event showcasing the best of the best designers from across the country. To be held in Delhi from the 11th to 13th September 2009, this fashion extravaganza will be a three – daylong event with 15 shows in all to showcase everything that’s got to do with men and fashion – apparel, accessories etc. This unique culmination of fashion and lifestyle will see the participation of the cream of the Indian Fashion fraternity like Ashish Soni, Raghavendra Rathore, Rajesh Pratap Singh, Manoviraj Khosla, Rohit Bal, Rahul Khanna and Rohit Gandhi, among other leading designers. Commenting on this unique tie - up, Mr. Shital Mehta, COO, Van Heusen said “Men’s Fashion in India for long has been on the backburner. With the Van Heusen India Men’s Week, the brand aims to explore and highlight the importance of Men’s Fashion in India with the support of FDCI a renowned body creating landmark events in the field of fashion.” Sunil Sethi, President, FDCI, was delighted to have Van Heusen on board as the principal partner to such a unique event and said, “The positivity that we saw at Van Heusen made FDCI feel most comfortable with this partnership. This has been a “dream - project” for me at FDCI for a while, and we believe it would be a win-win for all. The Van Heusen India Men’s Week will also provide a platform for young and upcoming designers.” Van Heusen, the 128 year old international brand, was launched nearly 20 years ago in India. It has been the most successful lifestyle brand growing each year with the largest retail footprint in the country. It has over 65 exclusive stores and there are 25 more planned to be opened across the country in the next 12 months. The design head with Van Heusen conceptualises the overall mmerchandise look, in line with the brand positioning. He is assisted by two designers, who are responsible for design creation to execution in terms of fit, samples etc. http://retail.franchiseindia.com/magazine/2008/october/Women-s-wear-from-men-sbrand_21-2-9 Distribution Network of Van Heusen (through Madura Garments) Bangalore (Production) By roads or air depending upon safety and cost MBO Delhi Van Heusen Recent Advertisement EBO C&F Central warehouse Central billing Local billing Franchise Van Heusen CRM Special CRM services for loyal customers are: Van Heusen golden card – this is the special membership card given to loyalty customers who shop for more than Rs30,000 and special gifts and discounts are given to the customers. Van Heusen Loyalty card Van heusen fashion show invitations are given to the loyalty card holders. Customers are provided with discounts and sales information through telecommunication (sms) services. Van Heusen Stores Cities Ahemdabad Bangaluru Calicut Chandigarh Chennai Cochin Coimbatore Gaziabad Gurgoan Hydrabad Calcutta Lucknow Meerut Mumbai Mysore Delhi Noida Pune Secundrabad Surat Vizag Goa EBO 1 5 1 1 5 1 2 1 3 4 1 1 1 3 1 5 2 3 1 1 1 1 Key parameters include : Lifestyle, Shoppers Stop, Central and Planet Fashion. Total Van Heusen store in India – 105 PROFITS AND SALES Company’s current turnover Rs.250 cr Strategy: Van Heusen is targeting a turnover of Rs. 400 cr by 2011-12. the company tends to open 72 exclusive stores over next 3 years(20-30% business) in tier 2 and tier 3 cities. Targets to augment the number of its stores up to 135-140, by this year, from the current count of 105 outlets. Sales - Rs 3.75 billion last fiscal. Annual growth rate of the company is 25 percent, and its new business shares accounts for 35 percent of its total sales. Plans to achieve Rs 800-1000 crore by 2015. http://www.moneycontrol.com/news/cnbc-tv18-comments/van-heusen-plans-toforay-into-casual-wear_449321.html ALLEN SOLLY Brand Positing: Convention is an ugly word. I hate ugly. 1993 This was the time when workplace formals were clouded by greys and whites. They introduced a line of vibrantly coloured Allen Solly semi formals that proudly broke the formal office wear dress code. 1995 In a crisp yellow shirt the Allen Solly man stood out in a sea of blues, whites & greys. Unmistakable and unconventional, he inspired a legion of imitators but he never lost his place in the spotlight.Holding nothing back, they went right ahead to introduce Uncrushables, India’s first wrinkle-free brand of men trousers. The menswear collection was making a bold brand statement in India. 2001 Introduced formal office wear for women. Allen Solly women wear brought about a revolution. Denim inspired shirts called Mood Indigo now called Indigo were launched. 2009 And now we’re breaking our own rules and making new ones as we go along. We believe, as you do, that following the rules only gets you so far. But making your own way, your own world takes you all the way. As a leading casual wear brand in India, Allen Solly’s latest casualwear collection is casual chic that has been designed to give you the freedom to wear it ‘your way’. 2009 Leap. Soar. Fly. GO trousers with XLA stretch & wrinkle-free powers were added to Allen Solly mens trousers collection in India specially to beat crises. The new Positioning and Advertisement I HATE UGLY! We all do, so let’s say it loud & let’s wear it proud. What you don’t like, you change... as do we. Casual, semi formals and workwear, the way only Allen Solly collections can do it. 2010 We’re bringing modern art to modern fashion doing summer style like nobody else. Our new range of youthful casual and workwear let’s you live life 3D in a 2D world. BRAND PERSONALITY PENTAGON FOR “ALLEN SOLLY” STYLISH PROFESSIONAL SHOPHISTICATED ELEGANT FASHIONABLE The advertising budge is set for around 8-10 per cent of our turnover. Price points Knitted tops are range in price from Rs499 to Rs999 Woven tops – Rs599 to Rs999 Trousers – Rs799 to Rs1099 Speaking on Allen Solly’s move to enter women’s wear section, R. Satyajit, COO, Allen Solly, says, “Women approached Allen Solly for small-sized trousers. The idea stemmed from that. We saw a huge gap in the western wear category for women and decided to tap the market potential for this growing segment. The idea was to further augment Allen Solly’s positioning as a fashion forward and lifestyle brand.” Allen Solly did enjoy the advantages of being an early mover. To invade the women’s bastion, these predominantly men’s wear company conducted several research work before taking the final plunge. Allen Solly has approximately 50,000 SKU’s in a season and after every six to eight weeks, the collection is changed. http://retail.franchiseindia.com/magazine/2008/october/Women-s-wear-from-men-sbrand_21-2-9/ COMPARISON OF PRODUCTS Allen Solly Woman Van Heusen ZUHRA – design inspirations BRAND AUDIT – “VAN HEUSEN” Q1. When you hear the brand name 'Van Heusen' what comes to your mind? • Ans. Men's wear, corporate look, stylish, very formal, western formals Q2. What else comes to your mind?....LOGO • Ans. Do not remember, not good, shows its a formal brand, simple, boring, ADVERTISING • mostly for men, i don't remember, seen it in stores, not much, good crm PACKAGING • blue poly bag, blue and white, good, who remember's packaging until its awesome COLOR • blues and greys, very corporate colors, good colors Q3. When you see other person using 'Van Heusen' what comes in your mind? • smart choice, smartly dressed, fashion concious person, Q4. What you feel about yourself when you wear 'Van Heusen'? • corporate, confident, satisfied, look good, self-motivated Q5. Can you please describe any memories that you associate with 'Van Heusen'. • no memories, i bought my firstformal bag Q6. Which other brands come in you mind for work wear? • Van Heusen, Allen Solly, Wills, Park Avenue, Loui Phillip Q7. How do you compare 'Van Heusen' with other brands? • similar to Wills, Allen Solly is better, it has more corporate look NEED GAP Earlier there was a functional need that formal wear used to fulfill for office wear purposes. But with changing mindset of customer to acquire a status and esteem with everything they wear has brought up a need gap of more fashion basic and fashion merchandise for office wear. As Indian women even after being independent are conserved, there is a need gap between Indian formal wear and western formal wear i.e. work wear which is different and new. According to the brand audit of “Van Heusen”, there are lot of spaces where company is lacking. Customers do not remember the “Van Heusen” advertisements for women, thus there is lack of communication. Most of the customers are not able to connect with the brand emotionally as they don’t remember any story happening around ‘Van Heusen’ when they bought it or wear it. The brand is associated with very corporate look. And customers believe that most of the formal wear brands look alike. Due to the change in mindsets and lifestyle of Indian women, there is a need for differentiated products in work wear category as women are becoming more independent and more fashion conscious. There are a lot of innovations happening around casual wear but very less in formal wear or work wear. There is no ‘Specialized women formal wear brand’ in India which caters only to women. Thus with growing no. of women employees, there is huge need gap to cater to these kind of women. OBJECTIVE • To establish a brand which caters to bold and strong female professionals of India who are ambitious yet cultured, want to leave a effective impact wherever they go with their quite confidence and personality. The main problems that Indian women face in formal wear are limited width and depth in the product category, fits and high price points. The brand will offer value proposition in the following ares: Being first to cater only ‘Women work wear’ in India. Differentiated styles and silhouettes and sizes for all Institutional selling Affordable for upper middle class of India Creating something new every time so that customers will keep coming back. To emotionally bond with the customers. Providing all work wear products from head to toe. Source of funds: - Own capital Private Equity funding: investment appetite of PE companies is still very strong and have funded many apparel companies. E.g ICICI venture in Shopper’s Stop and Pantaloon, UTI ventures in Koutons and Primus Retail, & Sequoia Capital in Genesis colors. PE companies are looking for different in offer, superior execution of operations and realistic valuation of business to invest in. BUSINESS PLAN 1st year Huge marketing and advertisement to make a strong impact on the market and customers. Opening of EBOs and MBOs. 2nd year Aim to connect with customers and their needs emotionally through advertising and promotions Online shopping website Starting online invites for designs and ideas Opening in tier 2 cities 3rd Year – Aim to achieve Breakeven Start institutional selling Showcase collection through Lakme Fashion Week to raise Zuhra’s Fashion Quotient and Imagery 4th Year To start an Accessories Brand with both western and Indian mix with distinctive merchandize for work wear To start a Luxury line for ‘work wear’ 5th Year go global Aim to increase market share BRAND PRISM PERSONALITY PHYSIQUE Subtle colors, inclusive, logo Young noble, free spirit, strong yet poised, quite confidence, focused, cultured CULTURE Dressing you up, we give value BRAND ESSENCE modern detailing ,individualistic SELF IMAGE I believe that ‘the first impression is not always the last impression’ and I know what I AM! REFLECTION RELATIONSHIP Smartly dressed, well groomed A person that make you feel confident ORGANIZATIONAL STRUCTURE CEO Merchandiser Marketing Front end back end Retail EBO MBO VM Inventory R&D sampling Sourcing research Fabric material in house team trims packing material FASHION VALUE CHAIN Production logistics Packing Quality control sales Accounts/HR/ Admin Research and development department Market research Idea generation Project Brief Range Planning PD team (Designer) Production Samples: sampling done properly so that it is easy for outsourcing and done on time to produce finished goods on time. PRODUCTION PROCESS Sourcing: Main labels- Somex international, Avidansion, Manohar Buttons- B.B trading, zindal, welspain Wash care label – Avydenson, paxes india, manohar Threads- Madura, Vardhman Zippers- YKK, sai impex Poly Bags- Aveny Hangers- Mainety, Cris flexipev Fusing- PCC interlining, Velco agency InHouse Quality Check Production outsouced from PEARL GLOBAL Quality Check – when garment is stiched to minimize rework and waste Inhouse ticketing and bar coding price tags onto garments & packaging Final packaging and finishing WAREHOUSE Private warehouse at Delhi and Bangalore Warehouse Head Office Retail All will be connected online to have real time sales data for inventory planning. Network of Stock Points by hiring warehouse space from the Central warehouse corporation and State warehouse corporation Calcutta Cental Warehouse (delhi) stock points(North India) Chandigarh NCR (Noida/ Gurgoan) Mumbai Pune Regional warehouse(bangalore) stock points(South India) Hydrabad Chennai Inventory Control: Distribution Requirement Planning with ERP It is important in customer service Effective marketing efforts for high value stock items Decrease in inventory leads to decrease in carrying cost and dec. in warehouse space required. TRANSPORTATION: differentiated strategy of logistics 3PL Service provider – Gati Logistics (Outsourcing Logistics) Zuhra’s CUSTOMER SEGMENTATION Innovative women (21- 25 years) Geographic: Region- North and South India City- Delhi, Mumbai, Bangalore, Pune Demographic: Family size- 1, 2-4 Family life cycle- young, single Income of parents (per month) – Rs60,000 – Rs1,00,000 Rs1,00,001 - Rs1,40,000 Rs1,40,001 and above Income of students (per month) – Rs3000 – Rs5000 Rs5001 – Rs7000 Rs7001- Rs9000 Rs9001 and above Income of management trainees (per month) – Rs15,000 – Rs20,000 Rs20,001- Rs25,000 Rs25,001- Rs30,000 Occupation – professional college students, management trainees Education – graduates, post graduates (professional courses) Social class – upper middles, lower uppers, upper uppers Psychographics She is smart, savvy and extrovert. She is experimental and wants to concur the world. She is hardworking and ambitious. She is fun loving and wants to be independent. She desires to be the perfect women as she grows. She is both culture-oriented and outdoor-oriented. Enthusiasts, explorers, experimental Changing lifestyles- nuclear family structure, a growing no. of educated and employed women Today’s consumer are aware, knowledgeable and eager to follow fashion. Behavioral Occasions – regular work wear, interviews, presentations, college User status – potential user, first time user Usage rate – light, medium Loyalty status – none, medium Attitude toward product – enthusiastic Experiencers (26-30 years) – TARGET GROUP Geographic: Region- North and South India, East City- Delhi, Mumbai, Bangalore, Pune, Calcutta, Chandigarh, Hydrabad, Chennai Demographic: Family size- 1, 2-4 Family life cycle- young, single; young, married Income (per month) – Rs30,000 – Rs50,000 Rs50,001 – Rs70,000 Rs70,001- Rs90,000 Rs90,001 and above Target group (Rs30,000 – Rs70,000) Occupation – young professionals, junior executives, senior executives, young entrepreneurs Education – graduates, post graduates Social class – upper middles, lower uppers, upper uppers Psychographics She is bold, strong- will powered, ambitious women. She is assured and lead her own life. She believes in her principles. She is growing herself everyday whether its sports, academics, business or fashion. She is independent and live her life with her own values, not overpowered by men. Even being so openminded and influenced by western culture, these women are connected to their Indian roots, their culture. She is modern day women who is urban, classy and intelligent. Behavioral Occasions – regular work wear, interviews, presentations, conferences User status – potential user, regular user Usage rate – medium, heavy user Attitude toward product – enthusiastic, positive DILO (Monday to Friday) wake up at 6.30am, read Times of India/Economic times, leave office by 8.30 travel office by car pool/ own car from south ex. to gurgoan go to bed by 11.30pm chat with friends Zuhra's customer profile have dinner with family by 9pm, facebooking, office work reach office by 9am, have coffee, gossip in office about clothes and work Lunch break at 1.30 -2pm, gossip about upcoming movies/ reach home by 7.30, watch TV (MTV, NDTV goodtimes, starmovies,NDTV), family time leave office by 6.30 pm, listen to radio (95 fm, 104 fm, and 91fm) DILO (Weekend) wake up at 9am, read Times of India/ Economic Times with Coffee (Nescafe) back home by 2am and 'goodnight'! Zuhra's customer profile get ready by 8.30 and leave for clubbing with friends (Hard Rock Cafe/ TCs/Capitol/FBar) call to friends to make plan for the day(Movie- PVR, shopping-SCW, Ambience mall, CP, GIP and lunch) and leave at 12noon reach home at 5pm, spend time with family/ social networking (facebook, gtalk, orkut) (31-35 years) Geographic: Region- North and South India, East City- Delhi, Mumbai, Bangalore, Pune, Calcutta, Chandigarh, Hydrabad, Chennai Demographic: Family size- 1, 2-4, 4+ Family life cycle- young, married; married with children Income (per month) – Rs50,001 – Rs70,000 Rs70,001- Rs90,000 Rs90,001 and above Occupation – senior executives, business women Education – post graduates Social class – lower uppers, upper uppers Psychographics Even after being a successful working women, she is very culture and family oriented. She is happy and content. She is ambitious, dynamic and well- traveled and has international fashion exposure. Image is important to her, not as an evidence of status or power but as an expression of their taste, independence and personality. Behavioral Occasions – regular work wear, presentations, conferences User status – regular user Usage rate – medium, heavy user Loyalty status – high Attitude toward product – positive, indifferent Distribution Network of ZUHRA 4 level distribution network: Manufacturer Pearl Global Warehouse (central and regional)/ Stock Points Retailer Consumer Marketing mix of ZUHRA PRODUCT MIX WIDTH P R O D U C T L I N E L E N G T H SHIRTS SKIRT S TROUSE RS TUNIC S COAT S DRESS ES 3 PIECE SUITS FULL SLEEVE ACCESSORIES HALF SLEEVE SLEEVE LESS CLUTCHS BELTS KNEE LENGTH SHORT LENGTH BAGS FOOTWE AR TIES WATCHS SCARVES PERFUME PRICING 1. Selecting a price method Going rate pricing:- after studying the pricing of the competitor “Van Heusen” . We had decided the price. 2. Selecting the final price Psychological pricing Even high end brands use this strategy. i.e. prices should end with odd numbers; instead of Rs900, the price of the shirt will be Rs899. Many consumers use price as an indicator of quality. Image pricing is especially effective with ego-sensitive products such as perfumes. When alternative information about true quality is available , price become less indicator of quality whereas when this information is not available, price acts as a signal of quality. No price discount or allowances It will be given as it is not good for the brands image. Discounts will be given only at the time of sale season and to loyalty card holders, as people with higher incomes and higher product involvement willingly pay more for features, customer service, quality and the brand name. Multiple pricing : seeks to get customers to purchase a product in greater quantities by offering a slight discount on the greater quantity. In the display of prices, a price of the purchase or just one item is displayed along with the price for a larger quantity. Multiple pricing increases the quantity sold, hopefully resulting in less product loss or fewer unsold items. PRODUCT WIDTH SHIRTS SKIRTS TROUSERS TUNICS COATS 3-PIECE SUITS TIES DRESSES Promotion 1. Promotional mix a) Advertising Print media- PRICE Rs 599-1499 Rs 799-1999 Rs 799-2499 Rs 695-1495 Rs 999-3499 Rs 1995-5995 Rs 299-799 Rs799-Rs1999 Newspaper advertisements at the time of season sales wherein a rang of discounts on the merchandise are offered. This helps in clearing the inventory and also bring large number of customers in the store. Broadcast advertisingT.V. commercials with positioning itself with different tag lines .Different T.V. campaign which communicates the brands new baselines. facebook and twitter. Outdoor advertisingFestivals celebrating Indian tradition and culture, which not only serves to bring the consumer closer to culture, but also provides a platform to promote upcoming artisans. Creating awareness of new creative self employment ideas like street art through trade events Advertising through “LAKME FASHION WEEK” Sales promotion: It offers an incentive to buy. This includes consumer promotion (to build trial among non-users) , trade promotion and business and sales-force promotion. As the brand is at initial stage, incentive-type promotions can be used to attract new customers and to increase the repurchase rates of occasional users. In growth stage, Sales promotion will help to test how high a list price can be charged, as a discount can be given on it. Customers will be first experimenting with the products and later when they know the product, they will be satisfied even shopping at the sale time. Various sales promotions that will be used: Coupons: inserted in magazines, newspaper ads; with a purchase of Rs.5000 and above. . Public relations : It involves a variety of programs designed to promote or protect a company’s image or it’s individual product. PR activities: - Build marketplace excitement before media advertising breaks - Build a core consumer base - Build one-to-on relationship with customers Turn satisfied customers into advocates Influence the influentials Various PR activities that can taken into account at this stage will be : -Publications in magazines(Vogue, Famina, Haper’s Bazar) and newspaper articles(Times of India, Hindustan Times) to influence target market. . -sponsorships - Wardrobe exchange: a charity promotion under which customers donate their old garments and accessories and earn discounts on new purchases. Direct marketing: This would include direct mail which will strengthen the customer relationships, inform and educate customers, remind customers about the offers and reinforce recent customer purchase decision. Catalog marketing- through which company will send full-line merchandize catalogs, specialty consumer catalog, usually in print form as every season a new merchandize with a totally new theme will come, so customers have to be updated with the new merchandize Annexure Questionnaire Dear ladies, as a student of pearl Academy of fashion, we are required to do a study of purchasing behavior of the customer for a new brand. Your responses will be confidential and will be analyzed strictly for academic purposes. Please answer the following questions: 1. Your name Smridhi Sharma…………………………………………………………………………… ………………………………………… 2. Your age: 15-20 years 21-25 years years and above 3. Your occupation: Students Working 26-30 years 31-35 years 35 House wife 4. Your email:………………smridhi.shr@gmail.com…………………………………… ……………………………………………………………………………… 5. Your contact number:……………9899669845………………………………………………… ………………………………………………….. 6. How many times in a year you shop for work wear? Once Thrice Twice Four and more 7. While buying office wear/formal wear how will you mark the following brands in reference to price, quality and design. Give marks (horizontally) out of 5 in the blanks given. Brands Van Heusen Allen Solly Park Avenue Wills lifestyle Price 4 4 4 3 Quality 3 3 3 4 Design 3 3 3 4 8. How much do you spend at a time while shopping from apparel brands (formal Wear)? Rs 1,000-Rs 2,000 Rs 2,001-Rs 5,000 Rs 5,001-Rs 10,000 Rs 10,000 and above 9. At the time of purchase, what characteristic of a garment you usually look for? Rank using numbers 1-6 in the blanks given. Write 6 for least preferred and 1 for most preferred. Characteristics Rank Brand 4 Color 6 Design 1 Comfort 2 Price 5 Fit 3 10. Where do you prefer buying office wear from? (please rank) Malls Markets (south ex, GK etc. ) Flee markets (sarojini nagar, janpath etc) Others (please specify)…………………………………………………………………………… ……………………………. 11. Which is your favorite office wear brands? Van Heusen Allen Solly Park Avenue Wills lifestyle 12. What do you usually prefer to wear in formal clothing? Indo-western wear Ethnic wear Western wear 13. What do you usually prefer to wear in western wear? Shirt-skirt Shirt-trouser One piece dress 3 piece suits 14. Would you like to wear this type of western-indo work wear? Yes No May be 15. How do you get to know about new fashion and products? Media Magazines and newspapers Internet Others (please specify)…………………………………………………………………………… ……………………….. http://www.moneycontrol.com/news/cnbc-tv18-comments/van-heusen-plans-to-forayinto-casual-wear_449321.html http://www.google.co.in/#hl=en&q=poters+five+for+apparel+retail+industry+&aq= f&aqi=&aql=&oq=&gs_rfai=&fp=525726a9e37f269e http://retail.franchiseindia.com/magazine/2008/october/Women-s-wear-from-men-sbrand_21-2-9/ www.maduragarmentscom www.allensolly.com www.hinduonnet.com www.adityabirlanuvo.net www.icmrindia.com www.indianrayon.com www.vanheusenindia.com www.economictimes.com www.99acres.com Books: Images year book 2009-2010 Marketing white book