Professional Documents
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Interim Report
Interim Report
Submitted By
Sagaarika Sri V
23A1HP014
PGDM
A report submitted in partial fulfilment of the requirements for the PGDM program of the
Institute of Management Technology, Hyderabad.
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Table of Content
Content Page number
1. Executive Summary 1
2. Introduction 2
3. Overview of the Organisation and the Industry
3.1. Overview of the Organisation 4
3.2. Overview of the Industry 4
4. Methodology 6
4.1. Problem Statement 6
4.2. Objective of the Project 6
4.3. Tasks Undertaken 7
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1. Executive Summary
This report presents the Findings and Key Learnings from the internship project focused on
Building Strong Customer Relationships and Driving Retail Sales while maintaining Brand
Consistency across the Exclusive Brand Outlets of Calvin Klein Jeans Chennai. The objective
is to study strategies in practice to harmonize Brand Consistency while maximizing Sales,
Customer Satisfaction, and Operational Efficiency. The project also aims to address any Sales
gaps in the Exclusive Brand Outlet of Calvin Klein Jeans in Phoenix Marketcity, Chennai.
The report highlights the strategic role of Customer Service in driving Sales and delivering a
Consistent Brand Experience. Calvin Klein Jeans combines Sales efforts with a commitment
to personalized Customer Service, prioritizing efficacy, and authenticity over strict adherence
to manuals. The report also briefs on the Loyalty program that drives Up-Selling Opportunities,
Purchase Frequency and reinforces Brand Identity. Visual Merchandising techniques are also
identified and studied as compelling in-store experiences impacting Customer Purchase
Decisions and providing a Cohesive Brand Experience.
The study provides an overview of daily Operations designed to improve Store Performance
while streamlining expenses and increasing efficiency. The study also addresses the sales gap
observed in different Categories of the Calvin Klein Jeans Exclusive Brand Outlet in Phoenix
Marketcity, Chennai, and plans to address it effectively.
This internship plays a crucial role in my personal and professional growth and contributes to
the organization's success. It provides practical experience in Luxury Retail Management and
deepens my understanding of Customer Service Strategies and Store Operations. By engaging
in this project, I am acquiring essential skills and knowledge for my future career in the
industry. From the organization's perspective, my active involvement in addressing Sales Gaps,
enhancing Customer Relationships, and maintaining Brand Consistency drives overall growth.
Additionally, this internship allows me to apply my academic knowledge to real-life work
situations, bridging the gap between Theory and Practice. The exciting challenges and
significant responsibilities I am embracing during this internship has provided me with
invaluable real-life experience that complements my education and builds my confidence to
tackle diverse Business Situations.
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2. Introduction
The Interim Internship Report is being submitted as a component of the PGDM Summer
Internship Project's ongoing requirements for the Internship at Calvin Klein Jeans. The report
has been meticulously prepared based on insights and discussions with key stakeholders,
including the Area Manager, Mr Dhul Dhul Sawar, the Visual Merchandising Officer, Mr
Prabhu, and the Store Manager, Ms Lochan Bhattad. Additionally, data collected from the
respective store's sales records have been utilized to ensure comprehensive and accurate
information. Critical aspects of the project have been astutely included in preparing the report,
incorporating all necessary details, and acknowledging limitations where applicable.
This project aims to drive Retail Sales across Calvin Klein Jeans's Exclusive Brand
Outlets in Chennai and foster strong Customer Relationships while maintaining Brand
Consistency. The objective is to identify existing practices and propose strategies for
harmonizing Brand Consistency while adapting to each outlet's unique characteristics, as
necessary. The project also addresses potential Sales Gaps within the designated store
(Exclusive Brand Outlet of Calvin Klein Jeans, Phoenix Marketcity, Chennai) by
comprehensively analysing Customer Needs, Preferences, and Sales Gaps.
Key findings and learnings include the Importance of Customer Service in driving Sales
and delivering a Consistent Brand Experience. Calvin Klein Jeans emphasizes personalized
and genuine customer service, valuing efficacy over rigid adherence to manuals. The loyalty
program, Customer Relationship Management, promotes Customer Retention and incentivizes
Repeated Purchases.
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The project also reveals a notable Sales Gap in different Sections at Calvin Klein Jeans's
Exclusive Brand Outlet in Phoenix Marketcity, Chennai. Addressing this gap will be a key
priority to drive Sales Growth.
Throughout the internship, the focus was on leveraging Customer Service as a strategic tool,
organizing the Store Layout, and deepening the understanding of Luxury Retail Management.
The recommendations and plans for the rest of the internship include analysing Sales Records
further, visiting different outlets, collecting Feedback Data, and developing strategies to
address the Sales Gap within the Store.
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3. Overview of the Organisation and the Industry
CALVIN KLEIN is one of the world’s leading global fashion lifestyle brands,
renowned for its bold and non-conformist ideals and styles. Established by Calvin
Richard Klein in 1968 in New York, the brand embraces a minimalist and sensual
aesthetics that sets a platform for more self- expression. PVH acquired Calvin Klein in
2003 and continues to stay committed to its approach and vision.
The Indian Apparel Market is significant and growing rapidly, projected to generate a
revenue of US$105.50 billion in 2024. It is expected to experience an annual growth
rate of 3.81% from 2024 to 2027. Women's Apparel is the largest segment in the market,
estimated to contribute US$51.05 billion in revenue in 2024. The United States has the
highest revenue among global competitors, reaching $351.53 billion in 2024 (Statista,
n.d., Apparel market in India - statistics & facts).
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Sustainability is a significant concern, with challenges related to Ethical
Sourcing, Waste Reduction, and Circular Fashion Practices (Santosh Ganesh, 2023,
Sustainable fashion in India: Challenges, solutions, and opportunities). However, this
also presents an opportunity for the industry to embrace responsible practices and meet
the increasing demand for eco-conscious fashion choices. Addressing sustainability
challenges requires focusing on Ethical Sourcing, Waste Reduction, and integrating
Circular Fashion Practices (Santosh Ganesh, 2023, Sustainable fashion in India:
Challenges, solutions, and opportunities). By incorporating these practices, the Indian
fashion industry can contribute to a more sustainable and responsible future.
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4. Methodology
The objective of the project lies in Maximizing Retail Sales in the Exclusive
Brand Outlet of Calvin Klein Jeans in Chennai (especially, the Outlet in Phoenix
Marketcity) by studying and proposing practical strategies for balancing Brand
Consistency while maintaining Market Share across different Store Locations.
Specifically:
Additionally, the project aims to study and address the sales gap in different Apparel
sections within the designated store (Calvin Klein Jeans, Phoenix Marketcity, Chennai)
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by conducting a comprehensive study of Customer Needs, Preferences and Consumer
Behaviour.
With the accomplishment of the Objectives, this project aims to provide Calvin Klein
Jeans with practical suggestions and actionable insights to enhance Sales Performance,
efficient Inventory Management, optimum Operations, Brand Cohesiveness, and
nurture Customer Relationship.
• Establish a Strong Customer Relationships and fuel Retail Sales with exceptional
Customer Service, productive Sales techniques, and a deep analysis of Customer
Needs.
• Proactive Stock Management and Employ Visual Merchandising. Managing and
optimizing the stock levels, maintaining the inventory, employing effective Visual
Merchandising, ensuring stock availability, maintaining an organized store layout.
Enhancing sales and establishing a consistent Brand Experience.
• Leveraging deep learning in Store management, including overseeing of Inventory
Management, conduct Inward and Outward of stock, tracking Sales Performance
and achieving the target, maintaining Logistics Records (both manually and in the
system) and conduct Store Audits (Global Count).
• Efficient and Seamless management of stock Inward and Outward. Ensuring timely
delivery pf the products, keeping a track of the products and apparels that are in
transit and account for Inventory management. Adding the Inwarded products to the
existing stock.
• Interact with key stakeholders and engage in an in-depth discussion, such as Visual
Merchandising Officer, Store manager, Area Manager and Customers for better
understanding of the Consumer Behaviour and the Brand’s performance in the
market and gain insights into the employed Brand Consistency.
• Identify and analyse the Consumer Behaviour and Sales Gap in different Categories.
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5. Key Learnings and Findings
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Figure 1. My Hilfiger Dil Se Approach – Calvin Klein Jeans Customer Relationship
Manual (Calvin Klein Jeans and Tommy Hilfiger are owned by PVH Arvind Fashions,
adopting same principles)
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distance preserves their autonomy and freedom while ensuring the Brand
Commitment.
Equipping the Customer Relationship Officers will foster positive interactions with the
customer, nurture customer loyalty and contribute to the favourable brand experience.
Loyalty programs help pave the way to retain customers and promote a unified
customer experience. It enhances Cross-Selling, Upselling opportunities in addition to
the collection of consumer data leading to a comprehensive study of consumer
behaviour. With more customer details and data regarding consumer behaviour,
preferences, and demographics, it enables the Brand to make more informed decisions
with constant revisions for better Customer Service.
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redeem on their birthday or before 15 days of their birthday or after 15
days of their birthday and 5% of their subsequent purchases would be
converted into points which they can redeem whenever they want. The
member gets upgraded from Blue membership to Silver Membership if
their cumulative purchase adds up to 15,000 in that particular year.
• Black Membership: Upon making a first purchase of Rs. 30,000 or more
in any category, the customer is granted to become a Black Member,
which has the benefits of a Birthday Voucher of Rs. 2000, 10% discount
on their first purchase and the 10% of their subsequent purchases would
get converted into points. The customers can upgrade from Silver
Member to Black Member if their cumulative purchase adds up to
Rs.30,000 in that particular year.
Visual Merchandising plays a key role in understanding the customers’ psychology and
behaviour. The display of apparels and accessories in the Calvin Klein Jeans Store are
changed two times a year, season wise. The outlets receive new collections in every
season representing a change in fashion trend. Furthermore, the store witnesses four
launches called Hit 1, Hit 2, Hit 3 and Hit 4 where new collections are introduced to the
store. This enables the customers to choose among wide range of aesthetics depending
upon the season. In addition to this, the Head Quarter designs Colour Stories and Colour
Concepts for each season in alignment with the Customer Preferences.
• Spring- Summer Season: The Spring summer season lasts from April to
September, which witnesses a wide range of half hand Shirts, T-Shirts, light
weight Denims and Linen material apparels to mark the approach of summer
and vacation. The colour shades of the apparels are usually light in colour.
• Winter- Fall Season: The Winter- Fall season lasts from October to Mrach,
which witnesses a wide range of Jackets, Sweaters, full hand T Shirts, full hand
Tops and Denims. The colour story of this season is usually dark shades.
• Sale: The Headquarters schedules Mid-Season Sale and End of Season Sale in
each of the seasons to Boost sales. Every New season starts post the End of
Season Sale.
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Figures 2 and 3. The Calvin Klein Jeans Exclusive Brand Outlet at Phoenix
Marketcity Mall, Chennai, Mid-season Sale for Spring- Summer Season
The current Colour story in the Clavin Klein Outlets is Light marking the approach of
Summer and vacation. The Visual Merchandisers all over the India plan and implement
the colours in the designated outlets. Some collections include light Solids, Premium
Cotton, and Linen shirts for the Spring-Summer season. This establishes a sense of
Brand Coherence and Visual Merchandise Coherence creating a unified Brand
Experience for the customers.
Figures 4 and 5. Pan Indian Colour Story of Light Shades, presented at Calvin Klein
Jeans Brand Outlets in Express Avenue Mall and Phoenix Marketcity, Chennai
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Figure 6. Light Weight Denims and half Hand shirts/T shirts presented at Calvin
Klein Jeans Outlet in Phoenix Marketcity, Chennai
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Calvin Klein Jeans Focuses on presentation based upon the Current Fashion
trend as a strategic choice to uphold Brand Consistency and enhance the brand
Experience. The placements of Apparels, Accessories and Calvin Klein Underwear are
in such a manner that reflect a specific lifestyle context such as Categories and Style,
which either belongs to one category or completes an entire outfit for the customer. By
incorporating such tricks in Visual merchandising, Calvin Klein effectively
communicates its ‘”Classic and Cool” image.
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Figures 11 and 12: Presentation Of Accessories and Licensed Products at Calvin
Klein Jeans Exclusive Outlet at Phoenix Marketcity Mall, Chennai.
5.3. Learnings and insights on Store manager’s day to day duties and
responsibilities to enhance Retail Sales
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with specified Visual Merchandising to enhance Brand Consistency.
Strategically place high valued products within customers’ line of sight
while skilfully placing the mid valued products on the side lines. This
deliberate arrangement facilitates Customer navigation, optimized
Product visibility and enhances customers’ shopping experience.
• Data Management: Sales and Logistics: The team records and
manages sales and Logistics Data. This practice yields valuable insights
into Customer Preferences in different outlets and locations/regions. By
identifying the underperforming products and best-selling products the
team can assort products and discuss with other outlets to analyse the
sales performance, depending on which, inter store exchange can be
performed.
• Credit Notes, Exchange management and Billing: The day-to-day
activities include billing, exchange the products in case of damage or
size problems. This upholds the Store’s Brand image.
5.3.2. Weekly and As-Needed Operations
The weekly operations include the Global counting, comparing the stock sold
with the transaction history to avoid any shortage of any product. The team
manages meticulously handles the inward of products and outward of products.
This collaborative undertaking of weekly and daily activities enhances the
store’s performance ensuring timely availability of products in any of the
outlets.
5.4. Sales Gap Identification in different Categories through Customer
Interaction and Enquiry
Calvin Klein Jeans has several Categories like T-shirt, Men POLO T shirts, Denims,
Accessories, Tops, Dress and Pants. The identification in the sales gap in different
categories has been analysed and interpreted through constant Customer Interaction,
Enquiry, Current Market Condition, and an in-depth conversation with the Area
Manager.
The Women Section saw the least number of Sales due to its limited collection and
conventional designs. The Men’s Section saw the greatest number of sales, but the
Signature product, the Denims Underperformed. A deep understanding on the case is in
progress. When enquired the youth, aged 17-30 regarding the Denims and POLO T
Shirts, the common conclusion was that they preferred more vibrant colours than pastel
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colours (for POLO) and a wide range of vintage collection in the Denim section. When
enquired the Women, the issue lied in the limited collection and restricted collection.
In Conclusion, the Calvin Klein Jeans Phoenix Marketcity Outlet should envisage the
issues and take proper actions and revise their collections and varieties based opn the
sales and contribution made in different years. The Outlet should increase more women
collections to increase the contribution levels, which in turn will increase the sales in
that category. However, it is essential to note that these proposed insights and strategies
are preliminary and require further examination of their feasibility and effectiveness
before implementation. Furthermore, implementing these strategies requires an in-
depth discussion with various stakeholders like Store Managers, Area Managers,
Merchandising Managers (or Panners), Marketing managers, and the Store manager. In
addition to this, a detailed analysis will be performed and submitted in the later part of
the Internship Period.
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6. Recommendation and Suggestions
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7. Status of Internship
As we progress further, our focus will be to perform a deep analysis in the sales gap
among various Categories in the current season. An in-depth study of Brad Consistency and
Customer Experience will be analysed to determine the Consumer Behaviour and Customer
Relationship. Additionally, a Market Research would be performed at Phoenix Marketcity
Mall, Chennai, to analyse the Brand’s performance and how they Overpower their competitors.
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8. Plans for rest of Internship
• Put as much effort to Drive the sales of underperformed categories, to enhance the
learnings in the Sales Gap.
• Perform Routine Store Management operations to ensure a smooth functioning of the
Store.
• Conduct qualitative interactions with the Customers to comprehend the Customer
satisfaction and Preferences while establishing a positive Customer Relationship.
• Effective Collaboration with the Key Stakeholders to understand their learnings in the
past and discuss on how the Store Management, Brand Consistency and Customer
Relationship could be enhanced.
• Perform Market Research on daily basis to learn the Product Assortment Strategy,
Customer Relationship Management Strategy and Pricing Strategy to have a better
Understanding on Competitor’s Marketing Strategy.
• Make sure the stock is readily available in the store. Make arrangement from other
stores to serve the customer better.
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9. References
Arvind Fashions Limited. (n.d.). Who we are. Retrieved May 21, 2024, from
https://www.arvindfashions.com/who-we-are/
Arvind Fashions Limited. (n.d.). Calvin Klein Jeans. Retrieved May 21, 2024, from
https://www.arvindfashions.com/calvin-klein/
NNNOW. (n.d.). Calvin Klein Jeans Retrieved May 21, 2024, from
calvinkleinnnnow.com
Statista. (n.d.). Apparel market in India - statistics & facts. Retrieved May 21, 2024, from
https://www.statista.com/outlook/cmo/apparel/india
Shreshth Vig. Indian fashion industry in next 2 years: Trends, challenges, and opportunities.
Retrieved May 22, 2024, from
https://timesofindia.indiatimes.com/readersblog/fashioninfo/indian-fashion-industry-in-next2-
years-trends-challenges-and-opportunities-50945/
Vaishali Dar. How rules of fashion industry are being rewritten for wider customer reach.
Retrieved May 22, 2024, from
https://www.financialexpress.com/lifestyle/how-rules-of-fashion-industry-is-being-
rewrittenfor-wider-customer-reach/3086622/
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