Allen Solly to include Kids Section to its collections - Franchise Mart

Allen Solly to include Kids Section to its collections

Madura Fashions and Lifestyle (MF&L), a division of Aditya Birla Nuvo, is planning to diversify the wardrobe of its premium menswear brand Allen Solly. The company will include the kidswear section in the early next month with a formal national roll-out.

The decision is followed by the rising demand in the kidswear section in Indian market. According to a recent report by retail research firm Technopak Advisory, this sector is witnessing high growth with girls wear growing at 11 per cent, and boys’ at 10 per cent.

“We have done a soft launch in some geography and have got a very good response. We will look at a national launch early next year,” said Ashish Dixit, Chief Operating Officer, Madura Fashions.

The kids apparel market in India is likely to reach Rs 80,000 crore by 2015 from the current levels of Rs 38,000 crore, said industry body Assocham in a report last November. Besides, Indian players such as Liliput, Gini and Jony, and international retailers such as Zara Kids, United Colours of Benetton, Burberry are also trying to capture the market here.
Allen Solly is currently available with online retailers such as Jabong and a few others. The kids brand will soon be made available at all company outlets. At present, there are 140 such retail outlets.

“It does make sense for large-scale players to enter the kids segment, either by creating a new brand or even extending existing ones, given the long-term proposition in the market. In the next 25-30 years, a large section of the population will be below 10 years. With rising incomes, expenditure on a child’s clothes increases as he outgrows them quickly,” said retail consultant Devanghsu Dutta at Third Eyesight research firm.

Early this year, knitwear brand Monte Carlo also entered this segment.

Allen Solly, despite being a male brand, has been able to strike a chord with corporate women. Their women’s range accounts for 25 per cent to the annual sales turnover. The firm has also unveiled a new brand identity with a new logo, a revamped store look and new advertising and promotion.

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