Anne Wrier brand building for greater reach
By FashionUnited
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Rao says, being a new entrant they do face some hiccups. “We do face some handicaps as apart from the unorganized markets chipping away at the market, the organized market too is very fragmented. Competition is intense. Also, there are scores of brands of which only a few are really known or preferred. Therefore, one has to constantly look for ways to achieve meaningful turnovers.” Another big handicap as of now is the soaring prices of cotton and other raw materials.
But what makes him upbeat is that Indian women have become highly fashion conscious and knows what is good for her. “Moreover with women earning big money these days, even prices are no more an issue. And if one gives them a fascinating product, they are willing to buy it for the price one asks for,” Rao adds.
Operating through nearly 1,000 outlets across the country, the company is currently not planning to open any EBOs. The focus as of now is consolidation rather than break-neck expansion. “We plan to expand the markets in phases,” says Rao. The brand is also not splurging on ad campaigns or major launches, since it believes that the buyer of Anne Wrier product is herself the best Anne Wrier brand ambassador and publicist.
Anne Wrier