Duke: Aiming for a global appeal
By FashionUnited
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Jain feels India as a whole has great prospects. The entire country is riding on a wave of optimism. Consumers have the money to shop and brands are seizing this opportunity. “We feel every city has almost unlimited retail prospects. Small towns have a bigger conversion ratio than big towns. And we expect this trend to accelerate in the future.” The brand has a presence across India and reaches every nook and corner. It has a significant presence in smaller towns and its growth strategy includes an enhanced presence in these areas. Jain explains, “For every type of consumer we have a product. In fact, we have a series of value packs in various combinations and attractive styles. We also go by prevailing fashion trends, and modify them to suit local tastes and preferences.”
Exploring new avenues of organized retail is Duke’s major strategy. It has a presence in 3,000 MBOs, 265 EBOs and 14 large format stores all over India. Jain adds, “We are in the choicest of locations. We make sure that wherever we are, our products are displayed in an attractive and convenient manner so that our customers can shop without hassle.”
Their aim is to make Duke products as contemporary as any international brand. They want to be termed as an Indian multi-national brand. Keeping this goal, Duke is now diversifying into many segments. “We are exploring newer formats of organized retail as we feel these will give us good dividends and enhance our bottom lines.” The brand is foraying into the sportswear segment and exploring new export markets. With the help of its exhaustive advertising and promotional campaign, the company has entered the markets of UAE, Sri Lanka, Nepal, Bangladesh, Jeddah etc.