Vimal plans to expand franchise network
By FashionUnited
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Vimal, the textile brand owned by Reliance Industries
has plans to expand its franchise network with 1,500 new retailers expected to stock its fabrics and apparels. The company recently released a fresh communication strategy in line with its plans, which says “1,500 new outlets across India are waiting for you…” The ad also includes a woman wearing a western dress. Much as the company claims that it is not getting into women’s western wear fabrics, there are indications that the extended franchises are getting roped in to enable the company get into fabrics for women and even home furnishings in the near future.The textile company revamped the heritage brand in 2007. At present, it has 15 flagship stores apart from 400-odd franchise outlets. By adding 1,500 franchises, the company is looking at increasing the number of franchisees to 1,800 to balance its capital expenditure. In the past, the company had indicated that women’s fabrics would be a natural extension of the Vimal franchise.
With the tagline ‘Dressing Up New India’ Vimal has positioned itself as a brand for the masses. So far offering fabrics for menswear, its new communication strategy hints at the company’s entry into fabrics for women’s wear, though it has not confirmed the development. Though there is tough competition from Raymond and Siyaram, Vimal has the advantage of using the retail formats of the company such as Reliance Trends and Reliance Marts. There is also a likelihood of starting e-commerce through its website onlyvimal.com.
Reliance
Vimal