Sepia: Adding color to women’s lives
By FashionUnited
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Sepia, the women’s wear brand is excited about making mark and getting a larger share of the market pie. The brand has been continuously wooing women with about 600 styles every season. As Rakesh Modi, CEO, Vivian Fashions,
makers of the brand Sepia says, “Our stores have 15 new styles every 15 days. We don’t believe in having too many pieces of a style, instead we make a lot of styles. This ensures our stores have a lot of fashion, risk is reduced, and women keep getting something new.” The six-season-old brand will be offering sweaters for this autumn/winter season. “These are fashion sweaters as our forte is fashion. We have done a lot of mix and match and will price these around Rs 1,600 to Rs 2,400. We have around 40 styles,” informs Modi.With 350 point of sales that include EBOs, MBOs and large formats, the brand is targeting 600 point of sales by the end of March 2012. At present it has about 50 EBOs out of which 10 are franchisees. Most EBOs are in southern cities of Hyderabad and Bangalore. “We will soon have 10 stores in Bangalore. We aim to cover the west and north in the near future. By end of March 2012, we may target having 140 EBOs,” says Modi. Among large formats, it’s present in Shoppers Stop, Central, Reliance, among others. And with a presence in 300 MBOs Sepia is targeting 600 more by March-end. According to Modi EBOs give 25 per cent of the sales and MBOs 75 per cent. But by March 2012, both will have an equal share.
Sepia