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Siddharth Bindra feels that their target audience has been evolving with time the audience in tier -II and -III cities is not as evolved as in the metros. 鈥淏iba gives importance to not just metro cities, but tier -II and -III cities as well. The purchase in these smaller cities is largely during festive time.鈥?OPEN URL :u158.cc
At present, the online sales are appreciating at a great speed with alternative options of payments and easier movement of inventory. People have started trusting online sales and have greater confidence in purchasing through payment gateways. Online retailers are collaborating with brands to have greater visibility and brand diversity across channels of distribution. E-commerce players who have made activewear as a separate category are seeing between 20 to 70 percent growth in this segment. For example, Amazon India set up a dedicated activewear store and collaborated with global and Indian brands selling activewear. OPEN URL :u158.cc

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Grasim Industries, part of Aditya Birla Group, Wednesday said it will fully acquire textile firm Soktas India for an enterprise value of Rs 165 crore.Soktas India Private Limited (SIPL) has presence in the premium fabrics segment under the brand name of SOKTA, Giza House and Excellence by SOKTA OPEN URL :u158.cc
Arjun Gehlot: See we specifically follow the concept of zoning very seriously in both of our properties, so according to that, we have international brands on the ground floor. The women brands are collected and are accommodated in one area of the mall. Likewise, we have categories on every floor, which makes shopping very easy for the customers. There is a mix of everything. Indian brands are also coming to be at par with the international brands that we have. So, it鈥檚 more about what the customers want. The taste and demand of the customer also varies from different parts of the city and it is very essential to understand it. At the end of the day, its more about market research and customer choice. For example, the customer is very different in Gurugram, Delhi and Noida in brackets of style, fashion, price and purchase. So, a mall has to understand the needs of the people coming to it. We select the brands accordingly. OPEN URL :u158.cc
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