Apparel July 2019 Apparel July 2019 issue | Page 84

MARKET WATCH E-commerce battle moves beyond discounts Bebe to open 25 stores over the next two years Apparel and accessories brand Bebe plans to open about 15 more accessories stores and 10 apparel stores over the next two years. Bebe recently opened its shop-in-shop (SIS) at Lifestyle, Ardee Mall in Gurugram, and Kapsons in Patiala. The brand re-entered the Indian market in partnership with Mumbai-based Mikaya Brands. It opened its first accessories store at Ahmedabad’s Alpha One mall. The apparel and accessories brand, based out of Los Angeles, will open SISs in Lifestyle, Ahmedabad, and Lifestyle, Ambience Mall, Gurugram. From battling for the largest product catalogues to the lowest prices, the focus on online retail now seems to be shifting to the fastest deliveries, after-sales services such as alterations, and reduction in the number of returns. A case in point is that of India’s largest online fashion retailer, Myntra, which is set to launch 30 experience centres or kiosks across India by August, where customers can pick the products they ordered when convenient, return merchandise, and get alterations done on the spot. Its first such centre in Bengaluru’s Manyata Tech Park, which is home to multinational companies such as Ikea, Philips, and Nokia, has seen a reduction of 7 per cent in returns since it was launched as a pilot in December. It is also piloting what it has christened as the ‘try and buy open box’ initiative. While several versions are being tested, these products will come in a box for a customer to try them. A delivery agent will later come at a designated time to take it away and the customer can choose to keep what they like and return the others. Edited excerpt from Live Mint Major Brands to expand operations Major Brands, the Indian franchise for several international lifestyle products, plans to expand its operations in the next four years by investing around R260 crore. The company will set up a warehouse in South India, besides opening several new outlets in malls across major cities. The company will also enter Tier II cities across India. It currently has 160 standalone outlets for different brands, which are sized between 200 and 2,500 square feet. In addition, it is also present in several big retail outlets under the shop-in- shop model. Apart from retail sales, Major Brands also plans to venture into the gifting segment for which it will negotiate with various corporates. It currently represents several international lifestyle brands in India, and has opened exclusive brand outlets. 72 I APPAREL I July 2019