Value Prism Consulting January, 2019 -...
Transcript of Value Prism Consulting January, 2019 -...
COUNTRY,FINANCE,MACROECONOMY,
POLICYANDPOLITICS
The country ’ s exportsgrowthremainedalmostflatinDecember2018,recordinga marginal expansion of0.34% to € 24.38 billion,mainly on account of globaltrade tensions. Subduedexpor ts and dec l in ingimports have narrowed thetradedeficit toa ten-monthlow of € 11.42 billion inDecember2018asagainst€12.24 billion in the samemonththepreviousyear.The tariff war between theUS and China is benefittingIndia as its exports to theneighboring country haveincreasedbyabout32%to€7.38billionduring the June-November 2018 period.India is taking several stepsto promote shipments toChina.India’s jobless rate shot upto 45-year high during2017-2018.NSSOshowedanunemploymentrateat6.1%,the highest since 1972-73.Joblessnessstoodat7.8%inurban areas compared with5.3%inthecountryside.Thiswasthefirstcomprehensiveassessment o f Ind ia ’ semployment situation postDeMo.
CONSUMERMARKETS
Lifestyle–Fashion–PersonalCare• LosAngeles-basedplussizelingeriebrandParfaithasenteredtheIndianlingeriemarketandislookingtotaptheplussizesegment
inthecountrywithitsexpansiverangeofsizes.Thecompanyplanstopartnerwithretailersande-commerceplatformsforgrowthinIndia.
• AmericandenimbrandWrangler,incollaborationwithFlipkart,haslaunchedanexclusivesub-brandcalledWrangler20X.
• GlobalsportswearbrandPumahaslaunchedPumaShuffle,astreetstyleweekendpopupspaceinBangalore.Theideaistocreateahubforsubculturalcommunitiesforyoungergenerationsandshowcasesomeofitslatestproducts.
• CarltonLondon,thefashionfootwearandaccessorybrandhaslauncheditsfirststoreinMumbai(10thstoreinIndia)atPhoenixMarketcity,Kurlawhichisspreadacrossanareaof1,200sq.ft.
• Nykaa, India’s largest beauty retailer,will launch in an exclusivemanner the international cult beauty brand, Flower Beauty, inIndia.ThemakeuplinewillbelaunchedinmidMarch’19.
• FilaopenedastoreatSarathCityCapitalMallinHyderabad.Thestandalonefranchisestoreisthebrand’sfirstinthecity.ThestoreopeningispartofFila’splantoexpandfivefoldinIndiainthecomingfiveyears.
• EthnicapparelandfurnishingsretailerFabindiaislookingtoopenaround40franchisebasedexperiencecentresacrossthecountrytodrivethenextphaseofgrowthforthecompany.
• Reliance Jewels has launched its flagship showroom in Rourkela, Odisha. Renowned Bollywood actress Jhilik Bhattacharjeeinauguratedtheshowroom.
• Lenskart’seyewearbrandJohnJacobswillexpanditsretailpresenceinthecountrywiththeadditionof50newstoresoverthenexttwoyears.
• TextileconglomerateArvindLtdisintalkswithDutchcompanyDyeCootointroduceCO2-dyeinginitsmanufacturingplantinIndia.Thiseliminatestheneedofwaterandchemicaldyes.
• RaymondwillenterforthefirsttimeintotheB2Be-commercespacetoconnectretailers&dealersintheclothingandtextilesectoracrossIndia.Raymondhadalreadyenrolled2500retailersacrossIndiaandhasbeenrunningpilottestsformorethanfourmonths,includingAhmedabadandSurat,whichareoneofthelargestcloth/textiletraders’hubs.
• ArvindFashions,thebrandedapparelandaccessoriesbusinessofArvindLimited,islookingtoexpandthestorecountforitslargeformatvaluefashionretailbrand‘Unlimited’byadding35stores/year.Unlimitedwillofferamajorityofitsproductsbelow€12.5.
• BandhanJewels,ownedbyStyleQuotientJewelleryPrivateLimitedislookingtoexpanditsretailpresenceinIndiaandplanstoadd50storesinthenextfiveyears.
• IndianfashionbrandMufti is lookingtoexpanditsbrickandmortarstorecountinthecountryandwillopen40storesthisyear.MuftiwillalsobelaunchingitsathleisurerangethisyearbyApril.
• TheBodyShopconsidersIndiaasonethefastestgrowingmarketsandisalreadyamongthetopmarketsforthecompanyintermsofsales.TheBodyShopis lookingtostrengthenitspresenceinIndiawiththeadditionofnewstoresandexpansionofitsofflinenetwork.
• LuxuryjewellerybrandZoyafromtheHouseofTatahasstrengtheneditsretailpresenceinthenationalcapitalwiththeopeningofitsnewstoreinNewDelhiwhichisspreadoveranareaofover4,600squarefeet.
• MaxFashionisplanningtoclosethecurrentfiscalwith250storesandplanstoaddanother50morebrickandmortarstoresin20newcitiesinthenextthreemonths.
• IndianlingeriebrandCandyskinhasenteredthefinancialcapitalofIndiawiththeopeningofitsbrickandmortarstoreinthecityofMumbai.Thebrandispresentin30brickandmortarstoresacrossthecountry.
• In2018,IndianformalwearbrandBlackberrysadded50newdoors,takingitstotalcountto260EBOsandover700MBOs.
VPCSectorsThemonththatwas…
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Value Prism Consulting
January, 2019 - Newsletter
IndiaFashionForumVenue:RenaissanceMumbaiConventionCentreHotel,Mumbai.Date:27–28Mar.2019MakeupWeekIndiaVenue:TheSt.RegisMumbai,Mumbai.Date:25–26Mar2019BridalAsiaVenue:TheAshokHotel,NewDelhi.Date:2–3Mar2019
CONSUMERMARKETS
OnlineRetail
• RelianceRetailandRelianceJioInfocommwilljointlylaunchanewe-commerceplatforminthecountry.MukeshAmbaniintendstotake on the world’s largest retailers like Amazon and Flipkart by combining his Jio telecom service,mobile devices and a vastphysicalretailnetwork.
• OnFebruary1stthenewFDInormsfore-commercekickedin.ThemovehascauseddisruptionsatbothFlipkartandAmazonastheybothtookthousandsofproductsoffoftheirwebsiteinordertoobligetothenewnormswhichrestrictthemfromsellingproductsofsuppliersinwhichtheyholdanequityinterest.
Food&Grocery-HoReCa
• AzureHospitalityhasopenedthe10thoutletofitscasualdining“DhabaEst1986”inDelhi.
• Barista inanadvancedstageoftalkswithSwiggyandonemoreplayertosell its fooditemsthroughthefooddeliveryplatformswhichwouldbecookedatitsfacilityanddistributedbytheonlineaggregators.
• Kraft –Heinz has inked a distribution partnershipwith the Indian subsidiary of diversified Japanese foodmaker anddistributorNissinFoodProducts.Nissinbragsadistributionnetworkof250,000storesinthecountry.
• UKbasedToyRoomhasopenedits1st locationinthecountryinAerocity,NewDelhi.ToyRoomisthefirstinternationalnightlifebrandtoentertheIndianmarket.
• Starbucksistakingbeverageinnovationtonewheightswiththesimultaneouslaunchof134new,craftedbeverages.TilltheendofFebruary,allStarbucksstoresacrossIndiawillserveaspeciallycuratedbeverage.
• ImpresarioEntertainmentandHospitalityPvt Ltdhave comeupwith the22ndoutletofhis restro-bar Social. Thenewoutlet islocatedatAmbienceMallinVasantKunj.
• Karan Tanna-led Yellow Tie Hospitality has acquired casual dining brand Bombay Blues from Blue Foods owned by EverstoneCapital.ThebrandsoperatedbythecompanyincludeSpaghettiKitchen,CopperChimney,GelatoItaliano,TheCoffeeBean&TeaLeaf,BombayBlues,NoodleBrandspoon.
• India’slargestalco-beveragechainBeerCafèhasopenedits40thoutletinDelhi’sAerocity.
• LeadingF&BmanagementcompanyYellowTieHospitalityhasacquiredcasualdiningbrandBombayBluesfromEverstoneCapitalownedBlueFoods.
• ImpresarioEntertainment&Hospitalityhasopened its22nd“Social”outlet in thecapitalDelhi.Social isa restro-bar formatwithlargeopenspacesofferingminimalisticyetimpressivefitoutsandanenvironmentthatfosterscreativity,cultureandchange.
• TheIndianburgerchainBurgerSinghhasannouncedthatitplanstoinvestintheconceptofdrivethrus,bylaunching10drivethruoutletswithinthenextthreeyears.Overall,thecompanyaimstoopen100outletsinthecountryby2022.
• Barcelos India, planning to open 10-12 more outlets of Barcelos and a new brand Rassasy By Barcelos serving American andEuropeancuisines.
• QuickservicerestaurantstartupBurgerSinghisplanningtotrebleitsheadcounttomorethan600in2019.Thisispartofaplantoincreasethenumberofoutletsto46from26.
• FutureGroupisnowplanningtodeliverfooddirectlytoconsumersthatarepreparedatthecompany’sfacilities.FutureGroupwillsoonstart“cloudkitchens”tosupplyhotmealstoconsumersinthecomingmonth.
• FutureSupplyChainSolutionswillinvest€125Mn.tocreateIndiaFoodGrid,anetworkof38integratedfooddistributioncentres,thatwillprovidepan-Indiareach.
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Value Prism Consulting
January, 2019 - Newsletter