Remanika news and archive

Remanika plans a bigger retail footprint in two years

Remanika, the popular women’s brand, is out to spread its presence across the country by increasing the points of sales to 300 in the next two years. It’s also looking at a growth target of 15 to 20 percent next fiscal. And Jalaj Kakkar, CEO, Remanika Apparels is very optimistic about the times ahead. “As the old saying goes: ‘retail means...

Fashion

Industry divided over Budget boost for skill development

The Union Budget 2013-’14 has cheered the textile and apparel industry. Announcing a slew of incentives Finance Minister P C Chidambaram’s biggest move was the exemption of excise duty on readymade garments, a bug bear for a long time. The industry has welcomed this move whole heartedly and it has put a smile back on the faces of brands and...

Fashion

Remanika expands presence in Chandigarh

While expecting market sentiments to be low till March 2013, Remanika Apparels is aiming for 20 per cent year-on-year growth in same stores in the womens’ wear segment. The brand is also looking at expanding its reach in the country. Jalaj Kakkar, CEO, Remanika Apparels explains, “Remanika is present at 180 point of sales including 13 EBOs. In...

Fashion

Remanika’s Target: 500 outlets in 65 cities in five years

One of the fastest growing women’s western wear brand Remanika, has now become among the top three women’s wear brand in the country. Talking about the brand positioning, Jalaj Kakkar, CEO of Remanika Apparels, who joined his wife to manage the business seven years back, says, “The name Remanika was inspired from a Sanskrit word ‘Ramanika’,...

Fashion

Remanika: Betting big on expansion to smaller cities

Remanika, the women’s wear brand is gung ho about its growth plans. With a target of achieving Rs 100 crores in the next 2-3 years it plans to open more EBOs and take the brand to smaller towns where demand for branded wear has gone up. Jalaj Kakkar, CEO of Remanika Apparels says at present they operate through 60 outlets including 15 EBO. The...

Fashion

Fast Fashion: Indian brands foray cautiously

With higher purchasing power Indian’s appetite for fashion has increased. A sizeable amount of money is being spent on clothes, often, on clothes that are now referred to as “fast fashion”. Some experts say this genre of fashion is equivalent to fast food: it’s quick, cheap and changes fast some even say it’s harmful to the environment. In the...

Fashion

Duty-free apparel imports from Bangladesh stirs debate

The Union government’s decision to permit duty-free access for 48 apparel products, including knitwear from Bangladesh under the South Asian Free Trade Agreement (SAFTA) has touched a hornet’s nest in India. While CMAI (The Clothing Manufacturers Association of India) the top industry body has expressed shock and dismay, surprisingly many brands...

Apparel

Pune gets first Remanika store

The retail scene in Pune seems to be hotting up by the day. The city got its first Remanika EBO recently. Remanika, one of the fastest growing brands in women’s western wear, has 167 point of sales in 37 cities. Besides, Remanika is now present in all large formats like Pantaloon, Lifestyle, Shoppers Stop, Central, Westside, Reliance Trends,...

Fashion

Remanika targets Rs 100 cr turnover in two years

Foreseeing retail growth in 20 cities predicted to become metros by 2030, Remanika the popular women’s western wear brand is aiming to open EBOs and increasing its presence there. It also plans to sign up new properties to establish its presence in good malls in these cities. Jalaj Kakkar, CEO, Remanika Apparels believes these cities are...

Fashion

Remanika to focus on knitwear for brand expansion

With a target of becoming a Rs 70-75 crores company by next year, well-renowned women’s wear brand Remanika has major retail and product expansion plans lined up. The company which follows a brand strategy of remaining youthful, while catering to the 16-30 age group, will be concentrating on providing something new to the customers every season....

Fashion

Remanika to launch lingerie and bags next year

Remanika the well known women’s wear brand is making inroads abroad. Having launched its first shop-in-shop abroad at Takashi Maya Mall, Singapore last month, the brand is looking at other places to launch the brand. Akin to shop-in-shops in Indian large formats such as Pantaloons, Shoppers and Lifestyle, Takashimaya is a large format department...

Fashion

Remanika’s Goals: To be a one-stop shop for fashion

For years they have been dressing up Indian women in chic, trendy styles but now Remanika the well-known apparel brand is focusing on becoming a one-stop-shop for woman’s fashion. On the anvil are a shoe line, inner wear and lingerie and hair salons to give the perfect look to their customers. “We cater to the entire wardrobe and wish to launch...