The Italian premium brand Versace Collection joins hands with OSL Luxury Collections Pvt. Ltd. to mark its presence in India this year. The agreement was signed between OSL Director Chandan Mishra and Stefano Sechhi (Global wholesale Director, Gianni Versace).
OSL Luxury Collections Pvt. Ltd. announces Versace Collection’s retail presence at the upcoming DLF Emporio 2 mall in Chanakyapuri, New Delhi. Offering men and women wear, the store will be spread over an area of 2200 sq ft area on the 1st floor. Along with apparels, it will also house exclusive collections of Shoes, Fragrances, watches, eyewear and other accessories ranging from Rs 6000 to Rs 60000 upwards. OSL Luxury Collections Pvt Ltd plans to expand the brand in India in the coming years and is considering suitable locations for stores in Mumbai and Bangalore as well, post the Delhi store launch.
Speaking on this association, Salesh Grover, Business Head, OSL Luxury Collections Pvt. Ltd. said, “We are happy to announce that Versace Collection will be marketed and sold by us in India. We are extremely excited about its primary store launch in Delhi and have big plans for its growth in the country.”
Perpule, an Omni-channel retail-tech company and announced the launch of its next-gen Point of Sale (POS) billing solution called UltraPOS. Perpule’s UltraPOS is a platform independent, form factor independent POS billing system which can enable anytime, anywhere billing. It is a cloud-based SaaS product which eliminates the need of bulky servers and computers in the store. UltraPOS will enable offline stores to reduce billing counter size by up to 40% and help increase sales and revenue through an AI/data-driven approach to dynamic offers, cross-sell and upsell. It is currently being used by retail brands such as Vishal Mega Mart, Big Bazaar, Foodhall and many more.
Perpule UltraPOS can render traditional billing systems obsolete with in-built features such as analytics, inventory and staff management tools. Retailers can update product prices, stocks, offers, etc. consistently across platforms. The cloud-based solution seamlessly operates in online as well as offline modes which is perfect for India where connectivity is still a challenge. This solution also gives omni-channel players a platform to manage order and inventory for both e-commerce as well in-store sales from the store itself. The UltraPOS solution can work with any device such as handhelds, mobile, desktop and tablets. It allows cashiers to scan barcodes, generate receipts and accept payments without any hassle. Retailers can also opt for the accompanying hardware (a handheld device) at no additional cost and a flexible monthly rental fee. Retailers can also opt UltraPOS for their existing infrastructure or try out a combination of both handheld and traditional billing modules.
A major challenge for retailers is the lack of display area and suboptimal customer flow. UltraPOS tackles this by reducing the size of billing counters, allowing for more space to showcase merchandise and increase footfall. Due to the mobile nature of the device, users can save significantly on IT capex, opex and manpower costs. Retailers will be able to get more than 50% reduction in POS technology spend (eg. store server, computer, printer, scanner, EDC/payment, networking, etc) and 95% reduction in paper saved from digital receipts. Perpule also provides value-added services for retailers to increase revenue such as bill payments, recharges and ticket bookings.
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