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These retailers reckon that with accessories outstripping apparel in terms of sales growth, footwear on the racks can be a new revenue driver “We are looking at unbranded segments as well Except may be the male formal range, much of the purchase is driven by impulse,� Mr “The idea is to have a larger share of the consumers pocket, since people often tend to purchase footwear along with their apparel A number of companies are adding this new product-line to leverage the estimated Rs 11,000-crore footwear industry However, none are looking to add their own production line at the moment Himanshu Chakrawarti, general manager (marketing), Westside, said Studies conducted by the retail giants revealed that an average shoe purchase happens once in 3-4 months time Fashion retailers pull up socks, wear shoes now WRITANKAR MUKHERJEE TIMES NEWS NETWORK[ WEDNESDAY, SEPTEMBER 08, 2004 02:20:50 AM ] KOLKATA: Indian fashion retailers are getting clued on to a new segment — footwear However, the margins will come once we enter private labels Though the management is keeping the plan close to its chest, the buzz is that the company is planning to foray into this new segment in the current financial year with the first store opening in Mumbai However, it is women who purchase shoes every 45-60 days period as against men purchasing every six month Pantaloon is building-up a team for sourcing and pushing the format in the Big Bazaar and Pantaloon outlets Pantaloon is also working out plans to set up exclusive stores, most likely to be branded as Footwear Bazaar Even Westside and Shoppers’ Stop are contemplating adding private labels to garner the extra margin We will soon set-up a new product development team for the private labels,� said Mr Anand Jadhav, head of new business development at Pantaloon Retail (India) Ltd The company has already initiated talks on sourcing shoes from Reebok, Bata, Liberty, Adidas, Lee Cooper, Red Tape and Lotus Bawa 13 He was in surgery Monday evening at an undisclosed English hospital Last month, Osbourne told a British newspaper he'd been sexually molested as a child and suffered emotional effects from the abuse long into adulthood Osbourne said he developed a 42-pill per day habit that accounted for his odd behavior on the hit MTV show, including scenes in which Osbourne was seen mumbling, falling and appearing disoriented The 55-year-old rock star was riding a "quad bike," or all-terrain vehicle, on his Buckinghamshire property when the accident occurred, according to publicist Cindy Guagenti "The Osbournes," the MTV reality show featuring the rocker, wife Sharon and their children, started production about a month ago on its third season, scheduled to begin Jan It was not immediately known how the accident would affect production or how or whether it might be included in the series, an MTV spokeswoman said Monday The operation was intended to lift the collarbone, which was believed to be resting on a major artery and interrupting blood flow to his arm His injuries were not considered to be life-threatening, she said Ozzy Osbourne Hurt in ATV Accident Dec 8, 5:56 PM EST Ozzy Osbourne was seriously injured Monday in an accident on the grounds of his estate in England and underwent emergency surgery, a spokeswoman said Surgeons also were trying to stem "some bleeding into his lungs," Guagenti said An examination showed Osbourne broke his collarbone, six ribs and a vertebra in his neck, according to Guagenti On Saturday, a story on the Los Angeles Times Web site reported Osbourne's claim that he was overprescribed a variety of powerful anti-psychotic and tranquilizing drugs by a Beverly Hills doctor Osbourne was taking a day off from promoting the United Kingdom release of "Changes," a duet with his daughter, Kelly, when the accident occurred Guagenti's office said no further information was immediately available |
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