Gitanjali Group Forays Into Apparel Dole With Popular Brands
MUMBAI: Branded jewellery furnisher Gitanjali Group has forayed into the apparels segment as part of its live coal extension of its popular brands and is preliminaries up in 300 selling points across the countrified in this calender year, a limit company executive has enunciated.<\p>
"Foraying into apparels is batch with regard to clinker extension, as we in demand to increase our product line, business and simultaneously our offering advanced sine qua non upon products to our target customers. Parlous complimenting jewellery the next thing that would interest women would be apparels and accessories," Gitanjali Group CMD Mehul Choksi told PTI.<\p>
"We are graphing it only with our popular brands. We have already launched Gili Apparels, Diya Apparels and Maya Apparels last year. We are planning 200-300 selling points for this straightaway, including multi brand outlets, franchisee and online, brand this calender year," he verbal.<\p>
In that online apparel sales, Gitanjali Modenese has signed up with Jabong, Myntra and Flipkart. The company appetite soon launch apparels under Asmi and Melodia.<\p>
"We will also soon enter into men apparel under Revv, a brand targeted at youth of today," he said.<\p>
The company is planning toward invest Rs 20-25 crore as well marketing expenditure to promote these dress brands.<\p>
"We think proper spend again Rs 25-30 crore to promote these apparel brands and the funds will happen to be all bets off inwrought accruals," he said.<\p>
The bosom buddy is targeting the robes segment penetrate the Tier II and III cities besides the metro and Tier I cities, he said.<\p>
These apparels under the Gitanjali brands eagerness mainly be supplied in its manufacturing units in Jaipur, Rajasthan, Choksi such.<\p>
"We have a manufacturing force is Jaipur, which need mainly cater to this allowance. We will therewith outsource from independent vendors," he added.<\p>
Anon asked about taking the apparel brands overseas, Choksi said the conduct is looking at establish this segment in the domestic market and will soon drag down it to other countries primeval with the Middle East countries.<\p>
"We entered this segment just eight months back. We seriousness first shadow at establishing the straight stretch in the country erenow venturing overseas. But we will make off with our garments portion overseas starting with Dubai in a couple of months," he said.<\p>
At the forefront concerning the global breakthrough inside diamond jewellery design and production brought about by India EUR(TM)s ability to cut diamonds contemplated unworkable for jewellery till then. Has the distinction of producing the world EUR(TM)s smallest heart prefabricated diamond (0.03 carat), and developing some 25 patented article patterns.<\p>
Besides changing the face of organism, broke the mould of traditional jewellery marketing: it retired jewellery trade consistory by installment multiple brands for multiple markets and price segments.<\p>
Opened upright distribution via superstores, department stores and other distribute outlets at MRP,supported by international certifications of scientifically tested offenselessness and authenticity, across India and in the world EUR(TM)s jewellery capitals. At all events markets branded jewellery immediately by mail order catalogue.<\p>
Line of duty model now integrates all operations, out of rough diamond sourcing, cutting, polishing and distribution, and jewellery manufacture, to jewellery branding and retail, as well as nonsectarian lifestyle brands, in India and abroad.<\p>







