Entice is the flagship jewellery retail brand by KGK. Following huge success of their brand launch in Hong Kong in 2004, Entice launched its first boutiquein Jaipur in 2009. Today, Entice has prospered to 5 standalone boutiques in Hong Kong and India (Jaipur, New Delhi, Mumbai and Bengaluru). In an exclusive interaction withRetailer Media, Sanjay Kothari, Vice Chairman, KGK Group reveals that each piece is a unique union of precious stones and design talent brought together with exceptional craftsmanship and passion.
Retailer
Retailer
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. Please share your background. Your education and whether entrepreneurship was something you always wanted to do?
Coming from the family that has been a part of the erstwhile Indian Army from both the paternal and maternal side, joining the Army was a natural choice. After serving the Army for 7 and half years, decided to join the Police Force in 1990 and was posted in Kashmir. The appeal of entrepreneurship was always very strong as a desired option for lifelong career.
Rubal Jain, Managing Director, Safeexpress elucidates on the various value added supply chain services it offers to eight different business verticals and how it provides a focused support to meet their core competencies.
Few eCommerce companies have their own logistics in place. How good this model can be in the future? Your take on it?
Wendy's opened its first outlet in India last month after reading the market consciously and deliberately. Talking to Retailer Media, Sanjay Chhabra, Director, Wendy's India, shares, “We spent almost two years behind the scenes before we launched Wendy’s in India.”
Considering the global trend, don't you think you are entering India a bit late? Or do you think it is the right time?
With the Eastern Home Furnishings market under hold, Skipper Furnishings issurging ahead with 30-40 per cent growth every year and finds the overall market really good. Vishal Jain, National Sales Head, Skipper Furnishings, converses with Retailer on their brand positioning and new expansions ahead.
What has been your strategy to stay ahead in the Home furnishings market?
Jewellery retailing has come of age since customer-centric designs and retailing format have given this segment a new meaning. Speaking on the recent developments in this segment, Saurabh Gadgil, Chairman & Managing Director, PN Gadgil Jewellers Pvt Ltd, speaks to Retailer about what makes the brand keep going as per the market trends.
How would you define your retailing journey till date?
Can you fathom, in these violent times, a man selling solid gold ornaments on the footpath?
Texvalley, Erode comes in an ‘all in one place’ - fibre to fashion packaging for traders and shoppers alike. P Raajshekhar, MD, Texvalley and C Devarajan, Vice Chairman, Texvalley share how the mall idea came into being.
What kind of design innovation have you put in your mall?
The corridors and shops are planned in a grid iron plan without cul-de-sac for easy way finding.
Aman Singh Gehlot, Director, Ambience Limited, feels malls have evolved now as a centre of urban lifestyle and a favourite place to hangout. In a candid conversation with Retailer, he sheds light on the appropriate mall retailing strategy as well.
Do you think malls are instrumental in changing shopping and consumption pattern of the catchment?
The shopping malls have intercepted the traditional marketplace culture and are instrumental in shifting the consumer behaviour in urban areas.
What malls can expect from retailers is a creative mix of unique products that caters to the catchment says Suman Lahiri, COO, Mall Management division of G Corp Developers Pvt Ltd. Suman details out the elements that make a mall successful.
According to you, what kind of malls are performing well in India and why is there a growing number of non-performing malls in the country?
Malls are all about convenience, experience, brand mix, hygiene and safety with demography being the key.
The Luxury Women Resortwear brand, Turquoise and Gold Apparels Pvt Ltd, was established in 2007. Operating in single format, it covers 2-5 cities and has a national presence covering Tier 1 and Metros. Dimple Varma, MD & Creative Head, Turquoise and Gold, talks about her brand strength-making luxury clothes affordable.
What is the most innovative/creative/out of the box quality about your brand/product/services?
The prints, fabrics, silhouettes and attention to details is our primary focus. We design to make women look exotic.
Traditional retail models haven't been able to reach out to markets, observes Manav Sethi, Group CMO, Askme.com. And SMEs have always needed to reach out length and breadth of the country and that's what Askme as an online platform strives to achieve, affirms Sethi.
How your brand resonates with the needs of modern consumer?
Askme is evolving as a "disruptive new age consumer Internet brand" that strives to provide convenience and new level of consumer delight to today's youth.
Manohar Chatlani, Managing Director & Chief Executive Officer, Favourite Shop & Soch Studio, talks to Retailer Media about the shift in favour of Branded Indian fashion wear.
How your brand resonates with the needs of modern consumer?
Modern India is a nation of young, confident people eager to climb the social ladder and willing to experiment. Their newfound confidence pushes them to wear and flaunt our heritage of colourful fashion.
With the ever-changing eCommerce industry, eCommerce management companies need to keep pace with latest trends and demands. Manish Gupta, Co-founder, Unicommerce e-Solutions Pvt Ltd. talks to Retailer Media how its inventory management system helps consumers.
How your brand resonates with the needs of modern consumer?
“There is only one boss in Retail – Consumer. With different cultures, festivals, ceremonies, corporate and fashion events, Retailers can only survive with the delighted customers, fulfilling their needs at every moment,” states Darpan Kapoor, Managing Director, Kapsons Fashion Pvt. Ltd, to Retailer Media.
Om Books International, one of the largest English language trade publishers in the subcontinent, has been a leading force in the Indian book market for several years. Ajay Mago, Publisher & Sanjay Mago, Director-Sales & Marketing, Om Books International, let in the secret about book retailing to Retailer magazine.
How do you see the present day reading preferences in India?
RS Sodhi talks about the operation of the brand with one of the largest supply chains, the bottlenecks of operations and Omni-channel approach for this business where there is no holiday and life span of products is utmost priority.
How are you integrating your recently introduced bakery products with retailers other than Amul outlets?
The majorly unstructured and unbranded kids wear market provides an opportunity for brands to tap into the expansive market. As per the market forecast, the market is expected to grow by Rs 72K crore by 2021. The 5 per cent of the structured, organised retail in this category will see as much as 15 per cent growth in the coming years, with the online space already creating waves with domestic and international names.
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