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Sanjay Lalbhai, CMD, Arvind
Dec 14, 2015 | Source: CNBC TV 18
• The company has added eight stores for brands like GAP and Sephora and one for Aerospatale in the current year. All the power brands will become profitable in the next financial year. Arvind’s power brands add close to 15-18 percent to earnings before interest, tax, depreciation and amortization (EBITDA).
• According to management, the company’s new format - Omni channel portal - will aid the revenue growth. Profitability of other brands like Calvin Klein will improve once they are added to the power brands status.
• All power brands of the company are giving anywhere between 15-18% EBITDA. So, they are extremely profitable they are as profitable as any brands could be. When you launch let say Nautica, Calvin Klein, Giant now these are all going to become power brands. They are just now trending at around 8-10 percent EBITDA. They will all graduate to 15-18 percent.
• These are all disruptive kind of events which are happening and consumers in India are wanting to buy these things seamlessly online and offline. So, the world is changing very rapidly. We believe that all our stores would be like showrooms where you go and experience the brand. All the stores will get digitised and the consumer will be able to buy or consume the brand online and offline seamlessly. So, this will are calling it omni-channel.
• We are selling through Flipkart and Amazon’s and all that but we want to provide a very kind of comprehensive and holistic kind of experience to our consumers where you will walk into my store and if you have downloaded my app we will know everything about you as to what are your preferences what have you bought so my sales person will only come and show you what you are looking for.
• In the first quarter, we will be launching our omni channel portal. Arvind would be the first company which will be doing this omni channel kind of launch with so many brands and so many kind of depth across the apparel category, the accessories, the beauty and perfumes. So, we will be offering the whole range of apparel and adjacencies to a consumer seamlessly through online and offline kind of offerings.
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CNBC Awaaz
MD & CEO