Christine Gilguy, Le Moci (http://www.lemoci.com/) France, 30 Mai 2013 Il y a à peine un mois, Ikéa, le géant suédois de l’habitat, faisait la Une de la presse indienne et étrangère en annonçant une mise de près de 2 milliards d’euros pour lancer ses dix premiers magasins en Inde. Il venait d’obtenir l’agrément final du gouvernement indien pour investir 105 milliards de roupies (environ 1,95 milliard de dollars) pour créer 10 magasins dans les 10 prochaines années, et 15 autres en option. Des magasins sur le modèle qui a fait son succès en Europe, à une seule petite exception :…
Organised by the Retailers Association of India the Delhi Retail Summit this year (10 May 2013) focussed on multi-fold growth for retailers utilising multiple channels to the consumer, with panel discussions and presentations by industry leaders who shared their experiences in exploiting the opportunities and dealing with the strategic and operational challenges of their varied businesses. Some snippets from the first panel discussion, comprising of the following panelists: Devangshu Dutta, Chief Executive, Third Eyesight (Session Moderator) Aakash Moondhra, Chief Financial Officer, Snapdeal.com Atul Ahuja, Vice President - Retail, Apollo Pharmacy Atul Chand, Chief Executive, ITC Lifestyle Lalit Agarwal, Chairman & Managing Director,…
Mihir Dalal, MINT (A Wall Street Journal Partner) Bangalore, May 13, 2013 After successfully wooing drinkers toward McDowell’s No.1 products from cheaper labels such as Bagpiper, United Spirits Ltd is increasing its focus on higher-priced brands such as Antiquity whiskey and Black Dog scotch. From April to December, the volume growth of United Spirits’ premium brands—products including and priced more than its McDowell’s No.1 whiskey—was 18%, faster than the industry average of 12%, according to data supplied by the company. A majority of the growth was driven by McDowell’s No.1 whiskey and rum, both of which overtook Bagpiper, the company’s…
Walk into high-fashion clothing chain Bijenkorf's outlet in Krasnapolski Square in Amsterdam's main shopping district and tick off the shirt brands on display. Armani, Hugo Boss, Calvin Klein, Zodiac,... Zodiac? Doesn't quite gel here, does it? Bijenkorf does not think so. You will find Mumbai-based Zodiac Clothing Company's branded shirts jostling global brands for space even in its outlets in Holland's other big cities, Rotterdam and The Hague. In the UK, 130-odd Ciro Citterio classic menswear retail stores have placed Zodiac shirts next to Polestar shirts made by the UK-based Thomas Pink, considered the world's best shirt makers. Zodiac is…
Priyanka Pani, The Hindu Businessline Mumbai, May 2, 2013 They are all over the place - on a hoarding, on the telly, on the radio, in the newspaper - ads caustically caricaturing South Indians, harping on their idiosyncrasies, mocking their mannerisms, their language, their accent. ‘Betterrr safe thaaaan saari’ goes the television campaign by travel portal GoIbibo, which has been criticised as being in “very bad taste” and “irritating” by many consumers for obvious reasons. A huge chunk of advertisements these days playing out on the idiot box are portraying South Indian stereotypes – they do not know about Holi,…
Geopolitical friction has again sparked renewed concerns over inflation and rising input costs for FMCG companies as @itmeansjustice @whysnavi write. @devangshu commented.
