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Madura Garments - Marketing Branded Men's Wear in India: Group 4
Madura Garments - Marketing Branded Men's Wear in India: Group 4
Group 4
Introduction
Madura Garments, a division of Indian Rayon Industries Ltd, has observed a potential in Indian market.
Believed that the segment is slated to grow in the near future as the customers are becoming more personal image/fashion conscious
Till 1980s, growth of readymade mens wear business in India was very slow.
Madura Coats, India is the 1st entrants in this segment, has three divisions: Madura Garments (ready to wear clothing) Coats India (threads division) Madura Textiles (fabric supplier)
Increased Competition
Earlier, major players began experimenting in packaging, distribution & mass advertising activities
MG vs Competitors
Raymond
One of the leading competitor of MG Park Avenue occupied the top position in the premium segment in 2002
Bombay Dyeing
Zodiac
Vivaldi was positioned as a mass market Clubbed with bed-sheets & towel that make its performance down Merge with Proline, start selling through retail stores
One of the oldest brand positioned in the premium segment Posted an annual growth of 10% till late 1990s Turnover of Rs 700 million in 2001 alone
Launched as a premium designer Tagline : The Upper Crest Positioned : Stylized European wear
1990,Van Heusen
Premium quality ready to wear shirts & trousers Tagline : Underlying Your Presence Positioned : Classic British Corporal
Premium smart casual wear Tagline :Friday Dressing Positioned : Casual American Attitude
Peter England
Spending Rs 13 million in 1997 in advertising
Sold 2 million shirt worth Rs 700 Rs 900 million within one year
Launched wrinkle free, non-iron Peter England shirts with Rs 525 onwards Draws Huge criticism
Positioned Mid priced segments Priced between Rs 395495 Over 70 designs such as enzyme wash, soft touch
Feb 1999
1999, Elements
Spiritus, sub-brand of Louis Phillip Positioned as High Premium casual wear Price Range Rs 745 Rs1500
Late 1999
San Frisco, offer only trousers Positioned as Mid-priced segment Price Range: Rs 595 Rs 995
Late 1999
Late 1999
Plans to open chain of retail outlets All Brands under one roof
June, 2000
Expands its other knitwear products in other three brands like Louis Phillip, Allen Solly & Elements
Opens Trouser Town Ranging from formals to casual wear Price range: Rs 495 Rs 1395
Oct,1999
Oct, 2000
Trouser Town
Model Amitabh Bachchan Plan to expand in markets such as Bangadesh, UAE and Sri Lanka Conduct extensive market research Launched 3 more stores with exact fit, color, brand & price Targeted young urban professionals
30%
50%
Conducted a marketing research Found there will be a growth from 10% to 30% per year by 2005
Opens Planet fashion, another chain of retail stores Operates the store in franchisee basis
Oct, 2000
Enter into readymade suit Launched under Van Heusen, Allen Solly
Lazerd, Motherd ( under San Frisco) & Las Vegas ( under Allen Solly) Stocked in Planet Fashion & other showroom
Oct, 2000
Late 2000
Extended Peter England brand to trousers Range from formals to semi-formal Price range from Rs 795 Rs 999
May,2001
Shift of San Frisco from mid-price to high price segment Goes for launching series of collection of innovative stretchable fabric
Launch Clubline (under Louis Phillip) Positioned as exclusive evenings & club life Replaced Spiritius brand
March, 2001
Dec, 2001
Launched Mozart summer spring collection Woven with perforated fabrics to produce string effect Expand in India & in international markets
April, 2002
Ice Touch under Van Heusen Abosorb moisture nine times faster by using ATN MG sets up Ice Touch kiosks outside its showrooms
Launches Everfresh, Dazzlers, Satin Trousers (under Peter England) Everfresh is manufactured by using Purista Technology, control growth of odor causing bacteria
April,2002
Late 2002
Growth fell due to economic condition and volume of shirts also fell
Stretched its portfolio & expand its retail chain
Late 2002
ColorMax under Louis Phillip using special fabric Priced between Rs1199- Rs 1499
WorldWear under Van Heusen that includes shirts, trousers etc Inferno, shirts available in variety of designs in plains, checks and diagonals
Dec 2002
Demand for large size garments BigCollection under Allen Solly Goes for advertisement using tagline for those larger than life
Late 2002
Late 2002
In late 2002, MG entered into the jeans market under San Frisco brand by pulling out San Frisco range of formal trousers in order to make it a pure jeans brand
Conducted a research, reveals high awareness youth from 18-21 year old
Launches 3 more collection namely Iced, Lazerd and Motherd priced between Rs 1095Rs 1395 per pair along with opening SF Denim Lab stores to retail San Frisco jeans
Tie Festival, promotional drive at Planet Fashion Huge selection of ties under brands like Louis Phillip, Van Heusen, Allen Solly and Peter England
Feb, 2003
Taking Van Heusen, Allen Solly and Louis Phillip into accessories market Different positioning for each brand. For example Van Heusen was positioned as complete corporate brand
Repositioning of ByFord into an institutional brand From knitwear brand to customized T-shirt (polos) and jerseys Turn it into wardrobe brand and the institutional foray
Jan, 2003
June 2003
In June 2003, MG announced that Peter England would add readymade suits to its portfolio
Decides to reduce the price of the Peter England from Rs 345 onwards for expecting good returns