Professional Documents
Culture Documents
Ensemble Report
Ensemble Report
1. Executive Summary
2. List of Illustrations
3. Introduction
3.1 – Purpose
3.2 – Scope
3.3 – Methodology
5.1 – Name
5.2 – Logo
7.1 – Demographics
7.2 – Psychographics
7.3 – Behavior
8.1 – Product
8.2 – Price
8.3 – Place
8.4 – Promotion
10.4 – Judgments
10.5 – Feelings
16.1 – Name
16.2 – Logo
20.1 – Present
20.2 – Potential
21. New Marketing Mix
21.1 – Product
21.2 – Price
21.3 – Place
21.4 – Promotion
25. Conclusion
26. References
27. Acknowledgements
In this report, we not only have studied the current organization of Ensemble,
but also the market trends, the consumer needs and wants, as well as the organizations
of the competitors. Ensemble, will soon be completing 25 years in the industry, and
really needs a push now, to get newer customers join their family. For this we have
come up with a product line extension plan, into luxury kid’s wear, which is a new
concept in India, already sees exceptional demand and is the need of the hour. Our
concept – Cuddles by Ensemble – has been studied and tested in detail, ready to be
launched in India, to serve the innumerable kids who deserve this, who need this!
02: LIST OF ILLUSTRATIONS
Image 01: Tina Tahiliani
-http://www.verveonline.com/images/74images/people/powerlist/tinatahiliani.jpg
NOTE: All Images used in the Integrated Marketing Communications, have been
scanned from magazines, L’officiel (November 2007) and Hello (February 2010).
All Mood-boards were made by hand, the image in the report is self clicked by camera,
the images used in the board are from www.google.com and www.corbis.com.
03: INTRODUCTION
3.1 PURPOSE
The principal aim of this report is to study a brand in the most comprehensive
manner and the various means and techniques by which a brand can be expanded and
moved forward; in this case the brand, being famed Indian designer boutique -
Ensemble. The plan is to make a product line extension by incorporating a kids wear
range. This thesis analyzes and provides justifications as to how the range can be
incorporated and how viable the concept really is.
3.2 SCOPE
This report covers various aspects in detail. It focuses on kids wear as a whole,
the evolution, the current market, future prospects and shortcomings. It also includes
relevant feedback from representatives from ensemble and their views on the concept.
The report also talks about Ensemble, its history and its current position in the market.
3.3 METHODOLOGY
The concept of a house retailing hi-fashion garments was a novelty in India till
the eighties. It was apparent by the mid-eighties that India under Rajiv Gandhi had
finally come of age where consumerism and fashion were concerned. The rich in India
now expected international standards in clothes (Fashion Kaleidoscope, 1994). In the
year 1987, India saw phenomenal changes in a number of spheres of everyday living;
however, the most notable change in the year was with regards to Indian Fashion.
A portal for fashion was born, giving designers and craftsmen a platform to
showcase their talent. ‘Ensemble’, founded by Tarun Tahiliani, an engineering graduate
and ace Fashion Designer today, converted a machine tools showroom into India’s first
Haute-Couture store and stressed on innovation, style and quality, set in an ambience
of relaxed elegance, and efficient personalized service (www.ensembleindia.com). Initial
designer’s included Rohit Khosla, Abu Jani Sandeep Khosla, Zandhra Rodhes, Niel Bieff
and Amaaya (Fashion Kaleidoscope, 1994). Constantly showcasing and highlighting
India’s hottest talents, it encouraged fashion and its affiliated fields, such as styling,
fashion photography and ramp modeling, as serious and viable professions
(www.ensembleindia.com).
With its polished wood and glass interiors creating the necessary avant-garde
ambience, with its average price tag in five figures is doing exceptionally well, with a
turnover of two crores in 1992 and has had a 100% annual increase since then. It is a
grand success story and indeed, Tarun Tahiliani is having the last laugh (Fashion
Kaleidoscope, 1995).
Everyone in India knows who Tarun Tahiliani is; He is the man who owns
Ensemble (Fashion Kaleidoscope, 1995). This statement shows the growth of the brand,
the success of Ensemble. However, having already achieved a part of its mission and
goals, Ensemble is among the top three fashion houses of the country.
Their goal is to come up with fashion stores that offer fashion to a wide range of
consumers with the best names of fashion at affordable prices.
4.3 ADVERTISING AND PUBLIC RELATIONS
Ensemble does not indulge in too much of campaigns. The advertising that
Ensemble does on a frequent basis is advertisements in leading fashion magazines like
Vogue, L’officiel. Their PR activities include store promos where, a designer’s new
collection is launched with the designer in store for a day to help clients, this is not only
advertised in the local newspapers but after event reviews are also published in leading
newspapers and fashion websites. Apart from this, Ensemble gives out its merchandise
for photo shoots to various magazines; it also gives it to stylists for celebrities to wear
for a public function.
- Ensemble prides itself on being India’s oldest and first fashion boutique, it was
established in the year 1987 which means that it has been around for 23 years
which makes it a seasoned player in the fashion field.
- Another key unique selling proposition that Ensemble possesses is the fact that
one of its founders and key administrators is veteran fashion designer Tarun
Tahiliani who is also considered to be India’s top designer. So his knowledge and
experience has assisted the conglomerate tremendously.
The Boston Consulting Matrix is a chart that is used to project Brand Positioning.
It gives the position of the brand, it’s cash view point and its current and potential
market growth rate. Given below is the BCG Matrix:
According to the above BCG Matrix Ensemble will fall into the ‘cash cows’
segment, as the definition of cash cows is - products with a high share of a low growth
market. Cash Cows generate more than is invested in them. So it is ideal to keep them
in one’s portfolio of products for the time being and Ensemble is exactly what is
mentioned in above definition. The potential position is ‘Star’.
5.2 LOGO
The logo that Ensemble has is pretty straightforward and simple yet classy
and chic. The insignia is entirely in capital letters and it has a dull gold finish. The part
of the emblem that is most attractive is the ‘E’, which is distinguished, as there are just
three horizontal lines, which do not meet, almost like three hyphens placed one below
the other. Designed by high profile artist, Urshila Kerkar, her classic stylized ‘E’ is used
to represent the brand often. The logo is classy, elegant, and eye catching!
6. SITUATION ANALYSIS
6.1 PEST ANALYSIS
No business can function alone; it all has to function together, like a team –
both internally as well as externally. Having equilibrium internally is very important, but
having one externally is more important, as it is something one really cant control much
and external factors affect the business in major ways. PEST analysis studies the
possible influence of those external factors on the business.
Political
Economic
Most parts of the globe are still recovering from the once-fatal financial
recession. India was never really in any grave danger and whatever little hazards were
prevalent. Especially for the middle and lower classes have been efficiently dealt with
thanks to the Indian government and the incentives and cost reductions that they have
provided. As a result one could say that India is back to normalcy. In fact annual
incomes of people from the middle and upper classes have somehow sky rocketed and
citizens nowadays have more spending capability and power. The banking system in
India has also improved greatly. Both national and privatized banks are providing
attractive loans and schemes. Equated Monthly Installment rates offered are very good
and affordable as a result one can find a plethora of luxury automobiles and abodes in
the country as of now.
Social
The current social position in the country is exactly how it has been since the
very beginning i.e. the rich are getting richer and the poor are getting poorer. Social
events and engagements are taking place on almost a daily basis. Bollywood rules the
hearts and minds of the younger generation in Mumbai. Indian society has become
more welcome to alterations be it in the transportation sector with the building of
skywalks, metros and private taxi services. In terms of brands as well, many
international apparel labels have entered the Indian market and have received an
overwhelming response. Examples would be – Diesel, Zara, Jack and Jones and Guru.
Technological
Like in any other fast developing country in the world, Technology is ruling
all in India. One significant trend that has been noticed in India is the fact that
American based electronics company Apple’s products have become very common and
one can come across its products in almost every household, be it their range of
laptops, Mp3 players or cellular phones, they all have takers in abundance. Additionally,
technology in India is seeing frequent up gradation, which is a very good and positive
sign for the country. Technologically there is a vast difference between the India of
today and that of say maybe five years earlier.
6.2 SWOT ANALYSIS
Strengths Weakness
India’s first fashion house Since it’s evolution, there are only
It is a well known, well renowned three stores across Mumbai and five
name across the world across India.
It can compete with the Merchandises of the store and not
for all the designers (well known Not enough security in the store
Opportunities Threats
“Having been a client of Ensemble for over 15 years, it is the first place I recommend to
visitors and the only place I go to when I’m in town. Ensemble has reflected the way
Indian Fashion Industry has changed over the years.”
“I have never been to Ensemble and not bought something. The fact that they are
growing strong after 20 years, shows they have the right mix and I’m excited to be a
part of this history.”
Demographics
Location: It specifically targets South Mumbai. But it also covers upper class and upper
middle class of the suburbs residing in Mumbai and outside as well.
Psychographics
Lifestyle and Personality: They are usually higher managerial, administrative or
professional entrepreneurs – they could be prominent celebrities in the fields of theatre,
movies, television, corporate world, who lead a tiresome social life, are highly covered
by the press and being judged upon. Apart from these prominent figures, they could
also be unknown faces belonging to the target market.
After the launch of Cuddles by Ensemble, the demographics for it would be:
Location: It specifically targets South Mumbai. But it also covers upper class and upper
middle class of the suburbs residing in Mumbai and outside as well.
Social Value
Hobbies and Interests: Spending quality time with friends and family, socializing,
fashion savvy.
Behavioral
Benefits: “Ensemble consumer does not purchase basic products; they are purchasing
special objects that give them the benefits of acquiring their emotions, fantasies and
dreams.” (Images Retail, November, 2009)
Usage Rate: As being statement pieces, they can’t be repeated very often and are many
a times passed on to someone else dear, however, even the number of times the buyer
wears it, he/she relives the happiness every time.
Mood Board
THE MARKETING MIX
Product
Price
As mentioned earlier, Ensemble has an object for every pocket. The prices of
saris and lehengas start from ten-twenty thousand and can go up to five-six lakhs
depending on the designer, the work and craftsmanship. Kurta sets can start from
twenty five thousand and go up to around sixty thousand. However, during the sale
period, that lasts four to five days, products are sold at a subsidized rate, this in turn
leads to a heavy influx of consumers and eventually to solid sales.
Place
All Ensemble boutiques are located in up market areas. Lets take the
Mumbai stores for example. There are three Ensemble’s located in Mumbai. The original
and first boutique is located at Lion Gate, Southern Mumbai in a building dating back to
the British Raj. Lion Gate is a prime location and the area around it is home to many
affluent families. It is like it is located in the core area of its target market. There is
another Ensemble outlet located at Kemp’s Corner which is again in Southern Mumbai
and it is a posh area. The third Ensemble outlet is located in Suburban Mumbai i.e. in
the Bandra vicinity. This particular locality is not as posh as Lion Gate or Kemp’s Corner.
Nonetheless, it is home to numerous people who are associated with Bollywood and the
glamour world, who are also a part of the firm’s clientele.
Promotion
Ensemble does not advertise or promote itself much. The only time that they
carry-out full fledged advertisements is when there is a sale or a preview approaching.
For these events, they advertise by posting and text messaging invites to their clients.
Additionally, one or two days before the sale or preview an advertisement is placed in
popular daily newspapers; most often it is the ‘Bombay Times’ newspaper. They also
have banners placed outside their stores with ‘SALE’ written in capital letters. They do
however have a company page on the social networking site - Facebook. Most of their
promotion is done by word-of-mouth and in the case of a preview there is always a
review article that one can find in the ‘Bombay Times’ one or two days after the
preview has taken place.
For this survey we have made it a point to have fashion and trend savvy people
as our audience. We have put forth this survey to people who have shopped at
Ensemble and other boutiques on the same lines and also to people of different ages
and with different occupations, so as to gain a varied and whole perspective.
Yes
40 No
60
Have you ever shopped from Ensemble
Yes
No
45
55
Kurta Sets
Sarees
25 Western Outfits
Accessories
Men's Wear
32
15
Which designer's creations did you purchase ?
14
2
Tarun Tahiliani
4 Anamika Khanna
40 Ensemble Design Studio
Gopi Vaid
Malini Ramini
15 Rohit Bal
25
20
Yes
No
80
What do you think about the price ranges at Ensemble ?
5
60
10
Aza
Kimaya
3
Ogaan
Fuel
45 Zoya
Others (pl specify)
36
Do you like the designer previews that take place at
Ensemble ?
10
Yes
No
Can't say
90
32
Yes
No
68
Do you think that Ensemble should house more Men's
wear ?
5
10
Yes
No
Can't say
80
Yes
No
Can't say
85
Do you think Ensemble is located at the right locations ?
10
10
Yes
No
Can't say
80
ANALYSIS
The survey results have been got as expected. There have been questions which
have got an overwhelming majority and there are those whose figures have been
almost neck and neck. The question that asked the audience whether they think that
Ensemble should house more men’s wear has got ninety-nine people saying yes and a
mere one persons response being negative. We didn’t expect such a response as
Ensemble does house men’s wear albeit not much. We will definitely forward these
results to the Ensemble team as well since we feel it might help them and they will
know how they fair in the public’s outlook.
10. CUSTOMER BASED BRAND EQUITY
10.1 Brand Salience
Salience means awareness. Ensemble, a haute couture store, which was started
by Tarun Tahiliani, has an extremely high brand awareness among its customers. This
awareness means knowing the brand and what it offers to its customers. Ensemble is
the first fashion house of India and has played a key role in the journey of fashion in
India that stocks a huge line of high profile designers under one roof. Ensemble is not
only renowned for its Indian traditional wear but it also has a huge attraction towards
its western wear collection as well.
As far as performance is concerned, Ensemble has seen been successful since its
very start and even now, with many other competitors stepping into the industry, it is
still hard to beat. Making it to Ensemble is considered as making it in the Indian Fashion
Industry. Being able to share the shelf place with high end designers like Sabyasachi
Mukherjee, Anamika Khanna, Monisha Jaisingh, etc and Tarun Tahiliani himself, is
considered as a big achievement. Even though Ensemble has a tough competition now,
it has still not lost its edge.
Ensemble experiences a complete loyalty from its target market i.e, the people
from the upper class society, the crème da le crème people from around the globe. It
has been popular among its customers ever since it opened up.
It has four branches in India till now, three in Mumbai and one in Delhi. It is
open all 365 days a year. To maintain its brand status, it is located at the hotspot areas
of the town, both, in Mumbai and Delhi. As far as its personality and values are
considered, Ensemble is perceived as a brand that is totally extravagant, sophisticated
and competent.
10.4 Brand Judgement
Customers judge Ensemble on its quality, design and service. They see it as the
best fashion store that provides them with quality of product with a vast variety of
design and designers to choose from and a store that gives them the best service and
attention. They also consider Ensemble as an innovative, fresh and a reliable brand as it
stocks high-end designers that can never go wrong and also, the upcoming designers
who are spurting with immense innovation and creativity. Ensemble is considered as a
pioneer brand and a market leader, so the customers feel the brand superiority in the
market.
As far as the brand feelings are considered, customers feel that it evokes a sense
of pride, sophistication, style and elegance in them. It makes them feel special, unusual
and unique as compared to anyone else. It also brings a sense of comfort, self-respect
and social approval in them.
Brand resonance is the ultimate social status of the brand and how much loyalty
it gets from its customers. Since Ensemble is the first haute couture store of India, it
has around 90% loyal customers and approximately 85% of repeat purchasers. As it is
a symbol of style, elegance and sophistication in the society, it has a complete affiliation
from the people as a result. It evokes a feeling of social approval and uniqueness
among its target group. And to make this bond even stronger, it stocks almost all the
famous, well known designers of the industry along with upcoming creative, energetic,
innovative designers.
11. PRIMARY RESEARCH: QUESTIONNAIRE NO. 02 –
KIDSWEAR INDUSTRY IN INDIA
To understand the psyche of the Indian customers for the kids wear industry and
to understand their needs, a brief survey was conducted among 100 people who
regularly shop for kids:
30
Yes
No
70
19
Yes
No
81
How frequently do you purchase clothes for a kid in a year?
4
16 24
3 Months
6 Months
9 Months
12 Months
56
16
Traditional
Casual
Both
25
59
Do you think there are enough options available in the
market ?
yes
No
4th Qtr
100
20
Rs 1000-2000
Rs 2000-5000
Rs 5000-7000
48
4th Qtr
32
Are you brand conscious ?
16
Yes
No
84
35 Yes
No
65
How much would you spend on designer kids wear ?
15
20
Rs 5000-10000
Rs 10000-30000
Rs 30000-50000
Rs 50000-100000
30
35
Yes
No
88
ANALYSIS
The result of the survey conducted wasn’t surprising at all. Fashion has not only
become a major part of the adults but it also has its influence on the kids now. The kids
of today’s generation have also become fashion savvy and prefer to wear their
preferred personal brand. Where bollywood has a major impact on everybody’s life in
India, it is only obvious that the kids would also want to look like their favorite
superstars. But, sadly, there are not many choices available in the market for them to
choose from. Hence, when the concept of a new designer store was asked about,
almost each candidate seemed excited. Where they have to run to different places to
shop for different things their kids would want to buy in terms of fashion, an idea of a
one stop shop, made them feel like a dream come true.
Based on the primary research, it was very evident that there is immense scope
for Ensemble to grow. According to the target market, the management, they expect
much more from Ensemble – be it in the form of designers, stores, products, and the
entire package. This proved to be a major opportunity identifier for us, the result for
which is our concept, of Cuddles by Ensemble, India’s first one stop luxury store for kids
“We at Ensemble always believe in growing and providing our clients with what
they need. Kids wear in India is indeed a neglected field, which is ironical keeping our
population in mind. These students, have come up with a great concept, an interesting
name too, with if put to practicability, when combined with professional experience,
funds, more creativity and passion will be a highly successful venture.”
- Bansuri Dattani.
“Ensemble has been the pioneer of fashion for nearly twenty five years now. The
competition levels are skyrocketing too, in such a scenario it is very important for
Ensemble to come up with a new concept that bangs the market. That only installs the
fact again, that Ensemble is and will remain the best fashion house of the country and
what better than a new segment of kids wear; Incredible, fantastic concept that has
really got me thinking of its success and popularity.”
- Dinky Nirh.
“Ensemble has already set itself firm as the leaders of women’s wear fashion, in
men’s wear we are still growing as this segment too has only recently shown growth.
Kids wear, is something which is still untouched in India. There is high demand, no
doubt, but there is zero supply. Ensemble carries with itself a brand image, that when
combined with such a raw concept will do wonders for us, the Indian consumers, the
Indian economy, and the fashion industry in general.”
- Vimal Vasudevan
“Ensemble has been at the top of the table for so long now. We are the ‘original’
designer boutique of India. We hand-pick designers whom we feel have the potential
to leave their mark on consumers and the fashion fraternity. One will only find top
draw collections from top draw designers in all our stores. I think the kids wear
concept that you all have put forth is great, especially if we are dealing with traditional
attire because it is not easily available in India barring of course – amarsons and
premsons. My only doubt is whether parents would want to spend high amounts on
children’s clothing since they are growing and what is bought eventually goes to waste.
But aside from this I think it is a fine concept.”
- Aarti Malani
“Ensemble has been in the fashion world for 23 years now, 23 years of quality
and excellence. Whether it be through other designer’s creations or our own in-house
productions. Its been owner, Tina Tahiliani Parikh’s hard work that has got us where
we are today and has helped us maintain the position solidly. Coming to he Kids wear
concept that you all have in mind, I thinks that it’s a wonderful concept since there is
so much variety and so many pieces available for adults. Whey should the young ones
be left out? They should also get a chance to present themselves in all their finery. I
think it’s a great concept.”
- Supriya Hiremath
Rather kind words of appreciation, much more than what we had expected. We
were told by the management, that Ensemble is currently focusing its attention on its
men’s wear, which they plan to expand on. Kids wear, is something, they have thought
about, but just not given it a serious thought yet, which they will after our report! With
such positive feedback, excellent research results, the entire concept of Cuddles by
Ensemble only seems already alive, only waiting for the final signal to begin the high
amounts of revenue to come in.
14. PRIMARY RESEARCH: INTERVIEWS WITH DESIGNERS
To test whether such a concept of Cuddles is practical and innovative for the
market, we decided on conducting a further primary research by doing an interview
with three budding designers – who are successful in the field, and are growing towards
become established names in the industry. Our concept, involves designers in a major
way – for they will have to restructure their costing and come up with their trademark
designs in smaller sizes, it was very important for them to give us valuable comments
on such an idea and prove its effectiveness.
The designers who were interviewed are Kunal Tanna, a budding designer who
has been an assistant to the highly acclaimed designer, Manish Malhotra for five years
and recently launched his label, ‘ Kunal Anil Tanna’ and supplies to stores in Mumbai
and Delhi. Second designer who we interviewed is Minaxi Dadoo, based in Kolkatta, she
is a designer who is widely getting popular in the society circles, she currently supplies
to a number of stores across the country including Ensemble. She has also been an
assistant to the much-admired Anamika Khanna. And finally, the third designer we
interviewed is the favorite of innumerable celebrities, Suchana Parasrampuria, who is
the head designer of Ensemble Design Studio, Angor.
INTERVIEW
How would you describe the status of the Indian fashion industry today?
Kunal: It is very difficult to describe the status of fashion today, there are a number of
unworthy fashion show happening, a lot of established designers are getting
monotonous with their work and the actual ‘buying’ power of the Indian consumers,
except the wedding seasons is also very unclear. But, indeed, things will change!
Minaxi: There are a lot of fashion weeks happening, which is good for it means extra
bread and butter for a lot of people, but in such a case the credibility gets affected.
Having fashion shows post cricket matches, reduces it to a level of mere entertainment,
which we are not. However, with more attention on menswear, on resort wear, on new
fabrics, it can be said, it is in a good phase, which will get better.
Suchana: Fashion in India is growing; there is immense talent that is getting recognized
every day. Slowly, there is a change in India coming about – which is very important.
Fashion is no more in just wedding clothes, it is getting into the lives of the common
man on an everyday basis – ofcourse, Bollywood plays a major role in that!
Suchana: Infinite, our population is diverse in their choices and designers are constantly
innovating themselves to meet these demands, which is why we are growing well.
How does the idea of designer wear for kids sound to you?
Kunal: Interesting, but it’s a very dicey concept that has more chances of failing. Its
success which be based on the concept creators, the name behind it, the designers, the
prices, the promotions, etc…but yes, the scope to grow and succeed is huge.
Minaxi: I like it. I have been designing for my daughter, as the market for kids wear in
India is very raw. Kids in India need that attention and its high time they get that.
Suchana: Indians have a spending capacity which is tremendous, with occasions and
festivals nearly every week, the demand for that exclusive product is good too. But
where the parents end up getting the best labels, the kids have to make do with stuff
from local brands, when they can buy it, why not give it to them?
How would you judge it, in terms of practicality, innovation and success rate?
Kunal: Like I said, it depends on various factors. But yes, if executed in the right
manner it is practical, innovative, much needed, and possibly successful.
Minaxi: It is practical in every sense seeing our population and the number of
billionaires that reside in India. Success, indeed, but it has to be completely for the
consumers, just the way they want it.
Suchana: It is what parents especially are waiting for, as I get innumerous requests to
make clothing for the kids, when parents are dressed in the best, they want the best for
the kids too. Successful, Popular, and later Competitive is what this concept will be!
Kunal: Love the name! Great Team behind, success is on its way baby!
Minaxi: My creations are a sellout there, it’s a store run by great passion and this too
will get immense accolades from old as well as new clients, would shop at Cuddles too!
Suchana: With the kind of team, Ensemble is, the name is perfect, the concept is worth
considering, for we can come up with this, and it will for sure be a grand success!
INTERVIEW ANALYSIS
As Minaxi Dadoo said, Indian fashion is at its turning point, where the focus is
finally shifting away from bridal wear, towards not only resort wear, but more focus on
accessories, and most importantly menswear with an individual men’s fashion week.
The only ‘unattended’ group left is kids wear.
Two of the three interviewed designers have already started designing kids wear,
in their own way – Mrs. Dadoo for her own kids and Mrs. Suchana for her clients as a
special request. This proves the immense possibility of growth in kids wear in India.
Kunal Tanna on his part, too is highly encouraging of this concept, given that its
execution is done in a very strong way. With the agreement of the designers, the
concept is not only practical and innovative but also with a high success rate.
Our final question was on our brand name – Cuddles, which to our joy, was
loved by all three. They were pleasantly surprised on hearing Ensemble’s name being
attached to it, and went ‘wow’ with success being ensured, without such a passionate
team working on it. This interview has really helped us in formulating our plan in a
more concise way, getting approval nods from the most important part, the designers is
a huge boost and driving factor for Cuddles.
15. PRODUCT LINE EXTENSION PLAN
Our concept for Ensemble is a Product Line Extension strategy. Ensemble, which
already has four stores retailing high end fashion, will launch a new sub brand –
‘Cuddles’, which will retail high end fashion clothing and accessories for kids.
Our concept is to start with one store at Mumbai, and based on the response,
further stores will open. By using this product line extension, the brand will provide with
its target market, a complete experience – where the parents not only shops for
themselves but also their kids, making it a one stop shop for high end designer
merchandise for their loved one.
What is a cuddle? Going by the dictionary meaning, it means a tender hug. But
cuddling is not just about a hug. It is more than that. A cuddle is a prolonged embrace
that lasts more than a simple hug. It means more affection, more love, more
comforting than just a mere hug.
According to an article, ‘Cuddle Your Child to Stability’, dated 23 rd June 2006, ‘All
parents know that cuddling children is a vital part of bringing them up. But what most
parents don't realize is that those cuddles can help children become happy and stable
adults, by releasing chemicals in the brain which aid the development of healthy stress-
regulating systems.’ A child’s heart is innocent and all it needs is, love to grow into a
happy and sound individual. Keeping the magical powers of cuddling in mind, Ensemble
have decided to come up with the name ‘Cuddles Ensemble’ for its new line extension
into kids wear.
16.2 THE LOGO
Inspired by this thought, we decided to keep the logo for Cuddles by Ensemble
as black and it also has colored handprints which supports the above mentioned
statement.
Since the very beginning, Ensemble has set its root firm in the fashion wear for
men and women. It is perceived as a brand that brings styles, elegance, individuality
and sophistication to an individual. This is the first time it is exploring and
experimenting with the fashion wear for kids. Since Cuddles is an extension of
Ensemble, the brand image will only get enhanced. Cuddles by Ensemble will also be
perceived as a brand, which is the first designer wear for kids.
Keeping the brand image of Ensemble in mind, Cuddles by Ensemble would also
be associated as a brand that brings fun, style, elegance, colours, individuality and
sophistication to a child’s life as well. After Cuddles by Ensemble, the brand personality
of Ensemble would be such that it is India’s the first high fashion luxury store that
provides a complete family experience.
17. INDUSTRY ANALYSIS
17.1 KIDSWEAR INDUSTRY ANALYSIS
“Kids today have emerged as an independent customer group with their own
specific needs and demands. The demand for branded apparels is on the rise owing to
children becoming more fashion conscious and parents willing to satisfying their
demands due to their enhanced purchasing power. Branded kids wear garment industry
is estimated to be Rs. 3500 crores market growing at a double-digit rate.
The number of garments kids consume, is far higher owing to their lesser usage
period. Increasing brand consciousness makes it mandatory for the parents to plan
whether they want branded or non - branded garments for their children on various
occasions. Quality is of utmost importance when you are serving small kids who need
more tender stuff. The effort is more while offering clothes to children, the work is
exacting and less rewarding. There was a time when only the taste and preferences of
the parents where to be satisfied. Today, the kids have an equal say, if not more.
Managing these two sets of sensibilities is what makes children apparel, more
challenging and interesting.” (The Franchising World, December, 2009)
According to the article, ‘Indian kids’ wear market on a high growth trajectory’,
by Gomes, J, dated 4th November, 2009, ‘The kids’ wear market in India is witnessing
high sales growth, thereby surpassing the men’s and women’s wear segments and
subsequently bringing about growth in the overall retail sector.
In India, the market for kids’ wear is witnessing rapid growth. Currently, the kids’
wear segment reflects huge opportunities for growth in the Indian apparel retail
segment, as compared to men’s and women’s wear segments. According to KSA
Technopak, a consultancy firm, branded as well as small retail players in the country
are gradually realising the potential of the kids’ wear market and are looking to make
investments in this segment.
Major UK-based retailers and German brands are entering the kids’ wear
segment in India with their own kids’ garments range. “By the end of 2010, a number
of major international retailers and garment manufacturers are expected to launch their
kids’ wear segment in India and are likely to witness high sales,” says Praveen. K.
Parmanandka, proprietor of R. D. Parmanandka Textiles Limited, a mid-sized
manufacturer, supplier and exporter of men’s, women’s and kids’ wear based in Tirupur
in Tamil Nadu.
The influx of international brands looking to launch their own kids’ wear range in
the Indian market will pose stiff competition to reputed domestic kids’ wear brands such
as Catmoss, Gini & Jony and Lilliput. Major sports goods companies such Reebok and
Adidas have also emerged with their kids’ wear wing in India. These activities are sure
to invoke growth in the overall retail sector in India.
“As of now, the demand and subsequent sales of kids’ apparels are mainly
restricted to the major cities in India. However, smaller cities are also likely to witness
similar growth in the near future,” says Rajesh Shah, proprietor of Spark, a mid-sized
manufacturer of kids’ wear in Indore.
Companies selling kids’ wear have realised that selling kids’ apparels is not an
easy task; innovative advertisements as well as promotional activities are required to
popularise kids’ wear.’
Growth factors
Style is an aspect, which has become very important, as children nowadays are
aware what is in vogue and what is not. Another reason why the kids wear in the
branded segment is fast growing is because of higher disposable incomes and changing
lifestyles. Both in India and abroad, with development in technology, the world is
becoming increasingly smaller by the day. Kids today belong to the screen age and thus
are more aware of the latest trends and fashion.
There is still a large part of the market that needs to be tapped which means a
lot of opportunities for more players to enter the market. According to the 'Global
market review of children's wear - forecasts to 2012', the top ten global markets - the
US, the UK, France, Germany, Spain, Italy, China, India, Russia and Japan are expected
to account for an estimated US$131.5billion in children's apparel retail sales by 2012.
There is a lot to look forward to in the kids wear market as it holds immense potential
within the country and also across the oceans.”
Fashion in India offers several opportunities for Indian fashion designers. The
Indian fashion industry is growing everyday. Indian Dress Designers combine Western
trends with Indian touch, creating garments which are truly outstanding. The Indian
Fashion industry is a 180 crore industry and is growing at a pace of almost 1000 crore a
year. An industry that has no stopping to its gurgling potential all because of the
talented Indian designers that have taken the Indian ramp to the international walk.
Ritu Beri was the first Indian designer to go global with her designs. She
showcased her collections in Italy to receive an overwhelming response making her
come back again and again. Choice of colors, cuts and patterns suiting the international
palate along with a hint of traditional style, helped her achieve the unimaginable.
Fashion in India has grown in leaps and bounds. Not only at the designer or
bollywood level but also at ground level zero. Indian men and women are no more the
one shirt and pant to work anymore. They love to have a range of colors, styles and
cuts that flatter their body shapes and sizes. Accessories too have not been left far
behind. Belts, shoes, bangles, earrings and bags are now to go in sync with what one is
wearing. Shoe apparel sale are at an all time high anytime in the year. All thanks to the
growing importance on fashion.
‘Spunky wear Kids’ in its global avatar has exclusive kids retail stores. These
stores stack everything from funky t-shirts, ethnic wear, to accessories like caps and
belts all under a single roof. The company’s brand team’s major objective now is to set
the direction for the brand in the coming few years. A series of brainstorming sessions
of the team have thrown up a whole lot of new ideas. It expects to introduce new
products, modify retail format, redefine the market and the target group, expand
consumer base, new promotional efforts and different communication strategy, and
work on the other elements of its marketing strategy. It wants young managers to
support in idea management, bring focus to strategy, and utilize resources for
maximizing effectiveness.
KSA Technopak, puts the kids wear market size in India at over Rs 13,000 crore,
of which the branded segment constitutes Rs 3,000 crore. But brand awareness is
increasing and firms like Spunky wear are well suited to expand and occupy a large
share in the market. Like in every other retail segment in the country, the market is
dominated by the unorganized sector. Branded competition is small but growing at a
fast pace. Pantaloon has entered into a 50:50 JV with Gini & Jony to set up a retail
chain to market kids’ apparel. Raymond recently introduced its maiden kids wear brand
—- ‘Zapp!’, with its first outlet running in Ahmadabad. DS Corporation, which owns 14
retail stores in India for children, and has brands such as Ruff Kids and Ruff Baby, is set
for a major expansion plan (Indian Express, 2010).
Great!
20 Okay
Unappealing
70
25
40
25
Would you shop for designer wear for your child or another
child in the family?
10
Yes
No
90
Yes
No
45
55
25
35
2000-120000
4000-145000
6500-170000
9000-200000
40
Which of the following would you like to see in the store?
13
30
Casual wear western
12 Csual wear Indian
Party wear indian
Party wear casual
Assorted accessories
26
19
Lower Parel
10 Bandra
Juhu
Colaba
75
How does the brand name 'Cuddles-by Ensemble' sound to
you?
5
25 Wow!
Could be better!
Not catchy enough
70
15
Yes
No
85
Would you like to have a play area or cafetaria in the store
premises?
35 Yes
No
65
ANALYSIS
Not surprisingly, the results of this survey were as we had expected. The target
market, our research audience, loved the concept. They believe that the luxury sector in
India has spanned to all areas, leaving only kids wear. The consumers not only agreed
to the much needed attention to kids wear clothing and accessories today but also to
the fact, that the shopping for kids in India is not only bare minimum but also not up to
the quality. The designers that they would like to see, are the ones who already supply
to Ensemble, thus making it easy, due to the already established rapport.
Keeping the creations exclusive yet reachable to a wide audience, the ideal price
range as per our research is 4,000 – 1,45,000 which will include not only casual
everyday wear, accessories, but also heavy lehengas and stitched saris for wedding
wear. The ideal location according to our survey is Lower Parel, which very cleverly
connects the suburbs to south Mumbai. The name, too got the needed appreciation,
that fit well with the Ensemble brand image along with this new concept for kids.
In order to make the store livelier, for kids, where they do not get bored or want
to get out from easily, we thought of having a lot of in-store events like face painting,
games, fashion show, hair braiding, etc… just to make the store atmosphere more
suitable for kids. However, keeping the luxury quotient in mind, these events will be
held in an exclusive way with invitations sent and press coverage. Apart from these
days, the store courtyard, will always have a play area, for kids to play before or after
they finish shopping, with an exclusive cafeteria in the courtyard – open only for clients
and store staff.
Strengths Weakness
Opportunities Threats
Experiment with new, creative ideas Competitors like Zapp!, Ginny & Jony,
since it’s a new concept Oyo, etc could be a threat for Cuddles
To expand within a short period of Price could be a major threat factor
time since it already has a ready while competing with the competitors
market New stores catering to designer wear
for kids that may or may not open in
the future
Increased govt. taxes result in the
increase of price of the merchandise
making it more expensive
For the crème de la crème people of the society who are even fashion savvy and
brand conscious, not only for themselves but also their kids, Cuddles by Ensemble is the
right choice to shop for kids wear as, it provides a fun, creative, thematic, exclusive,
luxurious, one-stop shopping experience, not only for western designer apparel and
accessories, but also for Indian traditional outfits for their kids unlike it’s any other
competitors like Zapp!, which caters only to western wear. It also custom makes the
outfits and accessories, unlike its any other competitor.
The BCG matrix method is based on the product life cycle theory that can be
used to determine what priorities should be given in the product portfolio of a business
unit. After, Cuddles by Ensemble would be launched; the position of Ensemble would
change from Cash Cow to Stars, which is the best market position, with high market
shares and high market growth.
20. COMPETITOR ANALYSIS
20.1 Present
In the kids wear industry there are veteran companies who specialize in kids
wear solely. Some of them are - Oyo, Gini and Jony, Little Kangaroos, Weekender and
Zapp! Luxury brands also have ranges for kids, like - Ed Hardy, Fendi, Gucci and
Roberto Cavalli. Although the prices of these ranges are exorbitant, those who have the
money are able to purchase them. This is the present competition that cuddles by
Ensemble faces.
20.2 Potential
Potential competitors include other designer boutiques like - Aza, Fuel and Ogaan
realize the potential Kids wear has in the Indian Market and launch their own respective
lines. Another potential source of competition is if more imported kids wear brands set
up operations in India.
21. NEW MARKETING MIX
Marketing Mix is the most essential element of any business, as it determines its
success or failure. “Enticing kids is no more a child’s play. Serious advertising and
marketing strategies are required to lure the young customers. Kids are sporty and
conscious of what they wear so the products needs to be stylish and cater to their
needs and help them fulfill their desires. Today’s kids want options and are more
fashion conscious. Clearly the kids today are hard-hitting customers and selling to them
is no child’s play.” (Retailer, December 2009).
21.1 PRODUCT
Cuddles aims to be the one stop shop for kids in India, it will retail designer
clothing for kids in the age group 02 – 13. The product mix at Cuddles will be ethnic
wear, casual wear and accessories. At the beginning as the concept is raw, getting too
many designers is not a safe bet.
Thus the initial designers to produce clothing for Cuddles, would be Tarun
Tahiliani, Ensemble Design Studio, Surily Goel, Sabyasachi Mukherjee, Malini Ramani,
Manish Malhotra, Rohit Bal, Tarana Masand and Minaxi Dadoo. Accessories will include
jewellery, footwear, bags, hair accessories, which will be designed by Prabha Israni,
Just Jewellery, Stoffa and KAN.
21.2 PRICE
The Indian market is a price driven market and since kids grow out of their sizes
quite fast, it is very important that the prices for Cuddles is set after much thought. The
pricing will be slightly different from Ensemble, making it affordable to a larger group of
consumers. Casual wear will be priced between INR 2,500 – 12,000, Ethnic wear will be
priced between INR 9,000 – 1, 50,000 ranging between simple suits to heavy lehengas,
and Accessories will be priced between INR 1,400 – 10,000.
21.3 PLACE
No matter how good a product, its success is highly depended on the place – as
it is where the client comes in contact with the merchandise and thinks of purchasing it.
The first store should not only be at the right place but also catch the needed attention
of all and sundry. We have decided to place the store at ‘DLF Luxury’ which is an
upcoming mall in Mumbai, situated in the posh locality of Lower Parel, a few meters
away from Mumbai’s first luxury mall, Palladium and the world’s tallest residential
towers, World One. It is going to be Mumbai’s first super luxury mall on the lines of
Delhi’s Emporio Mall. It is situated right where our target market stays and will garner a
lot of attention, making it the ideal launch.
21.4 PROMOTIONS
Since the name we are using ‘Ensemble’ is one of India’s most reputable name,
the promotions will also have to mirror that brand image. Any new concept will need
that extra marketing and promotions to not only get the needed eyeballs but to also to
ensure it is a success. Keeping Ensemble in mind, and to make the launch of Cuddles, a
grand affair, we have come up with an aggressive promotions strategy, which covers all
forms of promotions, be it advertising, public relations, on the web, or consumer
relations. They have been discussed in detail, in the next few pages.
21.5 MOOD BOARD
22. INTEGRATED MARKETING COMMUNICATIONS
For a new concept to succeed in the industry, it is necessary for the brand, to
not only catch the attention of the consumers but to also get them to buy the concept.
To make it so lucrative for them, that they just have to own it. For Cuddles by
Ensemble, we have come up with an aggressive, intense integrated marketing
communications mix that targets a wide range of consumers, in every possible way. Be
it in the form of web, print, services, or promotions – the sole aim of this
communication is to make the consumers aware of Cuddles by Ensemble and its arrival.
Cuddles by Ensemble, aims to have a global presence and what better than the
internet for this. Ensemble already has an active presence through its website and
Facebook page. We would like to continue this further, with a Cuddles by Ensemble
website along with a Facebook and Twitter page. Presence on Google search engines,
along with internet banners on various fashion sites will further strengthen the global
brand image of Cuddles by Ensemble.
22.2 PRINTED
Apart from participation on web marketing for global consumers, it is also very
important for a brand to participate in the local marketing communications that are
available, to strengthen their bonds with the existing consumers and print material
would suit this best.
Two days later, a press conference will be held, for an interactive session,
between the press and the management along with a few designers. The conference,
will not only clear any doubts in the minds of the press, but also promote the concept
and other details for the consumers to know.
The launch of the store, on its first day, will be a fun filled one, wherein the
opening of the store will be done by a few special kids from the NGO, ‘Give India’ to
promote the fact that every child is special. The kids will also be gifted a special Give
India outfit designed for them especially by Tarun Tahiliani, this will mean indulging in a
good cause, which will give en ethical advantage to the brand in the society.
With Cuddles by Ensemble, the points for difference for Ensemble completely
changes. As a brand, Ensemble will get an edge over all its competitors, it will be
known as a fashion brand for the family – where the parents as well as the child can be
dressed in the best names of the industry and Ensemble will be the first fashion brand
to cater to the entire family. This will be the main point of difference between Ensemble
and its other competitors, where Cuddles by Ensemble, will give it the competitive edge
above all.
“I have worn clothes from Ensemble at some of the most memorable moments of my
life. For now, I am looking forward to another critical day in my life when I am able to
introduce my 12 year old daughter to Ensemble.”
A USP, which for a long time will remain unbeatable, due to no competition and
even when competitors imitate the concept and launch similar kid’s stores, it will be
impossible to match up to the quality, name and services of Cuddles by Ensemble,
which always will reap the benefits of being the first.
25. CONCLUSION
As this report came to an end, we have achieved the objectives with which we
had set to write this report. It is immensely important for brands to constantly extend
their services in order to grow and the one used in our report, product line extension, is
one such example of growth and development. It showed us the immense hard work in
terms of capital, time and efforts goes into such extensions.
We came up with the concept of luxury kid’s wear, something which is not seen
in the country currently, and which according to us would be a grand success due to
zero competition and high demand. We have put our concept through various tests and
examinations; the feedback has been positive and overwhelming. Right from the
thought of this concept we knew that it had great potential and the only thing left is to
officially launch and open the Cuddles by Ensemble store and bring in loads of more
money, loads of more smiles, loads of more happy family moments!
26. REFERENCES
Websites
- Blick, M, 2010. ‘Kidswear Market in India 2010: Research and Markets.’ Childrens
Clothing, Viewed 02 September 2010
Url: http://www.fashionnewspaper.com/articles/6423/1/Kidswear-Market-in-India-
2010--Research-and-Markets/Page1.html
- Author (NA), 2006, ‘Cuddle your child to stability.’ Brighton News, Viewed 10
September 2010,
Url: http://www.theargus.co.uk/news/805523.cuddle_your_child_to_stability/
- Gomes, J, 2009. ‘Indian kids’ wear market on a high growth trajectory.’ Retail Biz
News, Viewed 08 September 2010, Url:
http://www.retailing360.com/article/5/2009110420091104092120453aac656fa/India
n-kids%E2%80%99-wear-market-on-a-high-growth-trajectory.html
- Malhotra, M, 2009. ‘Kids wear in upward swing.’ Franchise India, Viewed 08 Sept
2010, Url: http://retail.franchiseindia.com/articles/Retail-Trends/Retail-
Industry/Kids-wear-in-upward-swing-140/
- Blick, M, 2010, ‘Kidswear Market in India 2010: Research and Markets’, Fashion
Newspaper, Viewed 19th September 2010,
http://www.fashionnewspaper.com/articles/6423/1/Kidswear-Market-in-India-
2010--Research-and-Markets/Page1.html
- www.ensembleindia.com
27. ACKNOWLEDGEMENTS
No piece of work is complete without the support of a few essential people, who
play a crucial role in the formulation of the report. Even though their names appear at
the back, they played a crucial role in this report. They are:
- Ensemble staff at Lions Gate and Bandra, for their constant feedback on the
crucial information not only about the industry but about the brands as well.
Grishma Jariwala
- Ensemble and Cuddles SWOT Analysis
- Target Market
- Customer Based Brand Equity
- Kids wear Industry analysis
- Kids wear Industry, Research survey
- Cuddles Brand Elements
- New Positioning Strategy
Saurabh Kumar
- Introduction
- Ensemble Brand Elements
- PEST Analysis
- Ensemble Marketing Mix
- Ensemble, the brand, Research survey
- Interviews with Ensemble management
- Designer wear Industry analysis
- Competitor Analysis
- Conclusion
Rounak Agarwal
- Company Evolution
- Interviews with Ensemble management
- Interviews with Designers
- Product Line Extension Plan
- Opportunity Identification
- Cuddles, Research survey
- Cuddles Marketing Mix
- Integrated Marketing Communications
- Product Market Focus
- Conclusion, Executive Summary, Acknowledgements