To lead the monitoring and reporting of business parameters and to support the business by providing real-time MIS & financial analysis & by doing competition analysis that could result in improved decision making.
Job Context & Major Challenges
The size of the Indian retail market was at USD 517 billion in 2014, and is expected to grow at a CAGR of 12.1% to reach USD 916 billion by 2019. In the organized retailing market, clothing and fashion retailing is the largest and the most penetrated segment. It accounts for roughly one-third of the organized retailing market. Most of the large format retailers have grown year on year by approximately 10%, however the value retailers have outpaced industry growth by 1.5x-2x. Overall growth of value retailers has been driven by a combination of rapid network expansion as well as valuable like to like growths, higher than their branded apparel and departmental stores counterparts. Value Fashion is a fast growing apparel segment in India. Acquisition of Pantaloons Fashion and Retail Limited (PFRL)
by ABG completed a significant milestone for the apparel business to enter the value segment and casual wear. It also marked the foray of the ABG apparel business in the women?s and kids category - areas of limited strength previously. Madura Fashion & Lifestyle (MFL) merged with Pantaloons Fashion and Retail Limited (PFRL) to form Aditya Birla Fashion & Retail Limited (ABFRL), India?s biggest apparel & fashion listed company. Pantaloons as a Value Retailer. Pantaloons, as an apparel retailer, is positioned in between the ?Value Players? in the Indian market, best exemplified by Max Fashions and Reliance Trends, and the ?Premium Department Stores? (Lifestyle and Shoppers Stop). On the other end of the spectrum, several large global players are now eyeing the Indian market, with launches expected from UNIQLO and GAP, apart from expansion from existing players like H&M;, ZARA & M&S.; In order to leverage our brand strength and
📌 General Manager (India)
🏢 Aditya Birla Fashion and Retail
📍 India
Reply to this offer
Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.