Renaissance Jewellery Glittering With Global Sales

September 1st, 2016 No comments

Renaissance JewelleryRenaissance Jewellery is primarily engaged in the business of design, manufacturing, and sale of gold, silver, platinum jewellery as also jewellery studded with polished diamonds. The company’s product portfolio includes rings, earrings, pendants, bracelets, necklaces, and bangles.

The company has a well-defined supply market for its high-quality diamonds and product supply happens in a timely manner at competitive rates. The company has employed adequate risk mitigation measures that ensure all sourcing is done through proper supply channels to avoid issues like synthetic diamond and CVD diamond. Proper hallmarking and accreditation is adhered to and due diligence is observed in quality checks.

The company currently has a potent pool of 50+ experienced designers, 60+ skilled model makers, and over 4,000 employees to Continue Reading the Article

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Where is Investor’s interest in Specialized Internet retailing in India ?

March 13th, 2016 No comments

Specialized Internet Retail India Increasingly investor interest was to find opportunities in verticals – where market size was reasonably large and risk of horizontals entering the business were relatively low. In addition focus was mainly on areas where sub-sectors showed good growth and companies could have an edge.

The few verticals where interest was more either to higher take-rate or less competition from e-commerce horizontals were Fashion, Furniture and Jewelry (India specific opportunity).
Fashion
Abof.com – Abof.com is an Adity a Birla Group owned fashion portal. It differentiates itself from competitors like Myntra and Jabong by offering curated and fresh products Continue Reading the Article

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PC Jewellers – Competing with Titan

February 26th, 2016 No comments

PC Jewellers - Kicking Titan OutPC Jewellers average store is approximately 5,000 sq. ft in size, the capital required to set up such a store is approximately Rs 5,000/ sqft or a capex/store close to Rs 25 mn. In addition, the average store carries inventory close to 200 days of sales. Smaller format stores break even in less than a year, whereas larger format stores take about a year and a half to break even.

Franchisee versus company-owned stores. Almost all PCJ stores are company-owned barring one in Gwalior (franchisee). The company plans to open three more stores (Gorakhpur, Aligarh and Meerut) in the current fiscal through the franchisee route as this Continue Reading the Article

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Mainland China – Speciality Restaurant Chain

February 25th, 2016 No comments

Mainland China Chain of Restaurants An average Mainland China store is built over a space of 4,000 sq. ft, which is typically leased for a period of about nine years (12-15 years in some cases) with a lock-in period of 2-3 years. Typical rent escalation is about 15% every three years. Capex incurred (including civil works, equipment, etc.) to make the store operational is to the tune of Rs 25-30 mn. Targeted revenue from the average store is `50 mn, which typically takes about four to six months to achieve.

The management said that they continue to see pressure on demand, especially on weekdays. A key reason for this is discretionary Continue Reading the Article

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Benefits of Bharti- Future Retail Merger

May 26th, 2015 No comments

Bharti Future Retail MergerBharti Group decided to exit the Retail business in favor of Kishore Biyani’s Future Retail as it made sense to compete in an era of Digital shopping in India which is growing at a far faster pace. We’d like to present to you the obvious benefits of the marriage led by Increased sales, cost optimisation, lower cost of borrowing and larger tax benefits are main benefits of the merger.

The combined entity will have access to larger retail space with FRL gaining access to northern markets where it is Continue Reading the Article

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How Organized Retail Transformed Jewellery Business in India ?

April 10th, 2015 No comments

Organized Retail Tranform Jewellery BusinessThe transition towards organised retail jewellery has been stupendous. The growth of large jewellery showrooms has brought trust and faith among customers. Moreover, unlike the smaller jewellery stores, the new breed of large jewellery stores ensures quality of products, has diverse range of products, purity and value for money in terms pricing. The share of organised market in the overall gem & jewellery market is expected to be 35% over the next few years given the urbanisation trends as well as the emergence of online players in the sector. The growth of the organised jewellery Continue Reading the Article

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Rural Incomes Stressed, Urban Spending Key for Recovery

March 17th, 2015 No comments

Retail Recovery - Urban Markets KeyIndia’s rural economy is significant long-term driver of consumption. Roughly 70% of India’s population live in villages, accounting for c40% of FMCG consumption. In the last five years rural consumption has been buoyant for a variety of reasons. The minimum support prices (MSP) of essential crops have been rising about10% per year, rural wages have increased due to a minimum guarantee scheme run by the government, and easy credit was available to farmers through Kissan Credit Cards.

In terms of sales for many of the companies Continue Reading the Article

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What are the Logistics Challenges for Online Retailers in India ?

February 3rd, 2015 No comments

Logistcs Challenge for Retailers in IndiaOne of the peculiarities of the Indian ecommerce market is the high share of cash on delivery (CoD) orders. Unlike most other countries, the share of prepaid orders is very low in India for many reasons. Most buyers either don’t have a credit card or net banking (not really surprising for a country where more than 40% of the population doesn’t have bank accounts)

The Cash on Delivery [CoD] – Hedache
More than 50% of the orders that are placed on Indian ecommerce websites are CoD orders says Mr Bawankule of Google India. CoD has inherent problems — it allows customers to change their mind after their purchase has been shipped and sometimes couriers have to wait for customers to make a payment, which in some cases may not happen quickly for want of ready cash. Reliance Jio Infcocomm’s Homeshop18’s return rate for COD and non-COD transactions was approximately 21.4% and 2.8% in FY13, respectively. A logistics company executive states that there are instances Continue Reading the Article

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