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Zion, Ashley, Posh, Pixel & their pet
dog Jambo
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Raymond's foray into the kid's apparel market with
Zapp! saw its first entry into big metros with the Mumbai launch
today. Following this, the brand will unveil its third store in
Kolkata next week. The company is investing close to Rs 60 to 70
million in a National roll of exclusive Zapp! outlets.
The company is looking to expand with 12 branded
outlets across the country by the end of this fiscal. The markets
they will be looking at include Bangalore, Hyderabad, Chennai, Cochin,
Calicut, Trivandrum, Vishakapatam, Surat and Baroda. The largest
store will be opened in Pune in December. The first Zapp! store
however, was unveiled in Ahmedabad in June this year.
Speaking to Indiantelevision.com Raymond Apparel
Ltd. president Shreyas Joshi pegged the current market size of kids
branded apparel in India as Rs 270 billion however, the contribution
of organized players is limited to Rs 5 billion.
Commenting on the revenue growth the company is
expecting from this new venture Joshi added, "We are targeting about
300 million by the end of 2008. We see this as a great opportunity
as the apparel organized market is still very small in India."
In addition, Zapp! has tied up with Warner Brothers
as an authorized licensee for 'Superman' branded clothing in India.
They however, declined to divulge the duration of this contract.
Besides exclusive stores Zapp! will also be present in large format
stores like Lifestlye and Shoppers Stop.
Commenting on the company's expansion into every
segment of the apparel market, Raymond Ltd Group president Pradeep
Bhandari said, "Zapp! is a natural fit into our overall growth strategy
for apparel. We have closely studied and understood the dynamic
kidswear segment."
The range gets its name 'Zapp!' from the initials
of its four animated characters Zion, Ashley, Posh and Pixel. Extending
the Zapp! experience are initiatives such as an interactive website
www.zappkids.com and the Zapp! Club a customer loyalty programme
giving each member an individual experience through special events
and rewards such as bandanas, wristbands and tattoo stickers. A
special membership card will record preferences such as clothing
styles and favourite colours. This facility will allow kids to swipe
their membership cards to see a customized version of themselves
on a plasma screen at the entry of every store.
Targeting kids between the age group of 4 to 12
years, the Zapp! collection ranges from party to casual wear. Designed
in house, the Zapp! range will be available in 'Basics' and 'Denim'
and the range will be priced between Rs 299 to Rs 899.
Joshi added, "Zapp! is all about the experience
be it the clothing line, the ambience or the unique CRM model, the
Zapp! experience will extend itself into every aspect of the destination.
We have taken great care in creating the right product from the
design to the fabric to the unique stand alone brand stores, which
will impress the parents who are on a constant look out for a world
class, quality product. Overall, Zapp! promises a fresh and an exciting
experience to our customers."
The national advertisng campaign is yet to be kicked
off, however city specific campaigns are likely to be rolled with
its entry into every market. Addressing mothers and parents the
campaign will use a media mix of local supplements, hoardings and
direct mailers. The brand will also target schools and retail outlets.
Speaking at the inauguration of the Mumbai store,
Raymond Ltd. chairman and managing director Goutam Hari Singhania
said, "For decades, Raymond has had a major influence on fashion
and today we are taking yet another step in creating a whole new
experience for a whole new audience the new generation of fashion
conscious young adults! Our first store in Ahmedabad in June 2006
has been a successful experiment with some amazing response. With
a strong product range coupled with a unique and fun experience
Zapp! would definitely redefine the kidswear market that has a huge
potential in India."
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