Tag: Alliance

  • Nykaa partners with Apparel Group to enter Gulf markets; sees it as a multi-year growth opportunity

    Nykaa partners with Apparel Group to enter Gulf markets; sees it as a multi-year growth opportunity

    Mumbai: Nykaa, the Indian fashion and cosmetics retailer, has tied up with the Middle East based fashion and lifestyle retail giant, Apparel Group. With this strategic alliance, the former aims to utilise the latter’s robust retail infrastructure network and deep market relationships to recreate its beauty retail platform and build distinctive Gulf Cooperation Council (GCC) focused beauty offerings in UAE, Kingdom of Saudi Arabia (KSA), Qatar, Oman, Kuwait and Bahrain.

    The joint venture will create an omnichannel, multi-retail brand for the Middle East with Nykaa holding a 55 per cent stake in the new entity and the remaining 45 per cent will be owned by Apparel Group.

    As per reports, Nykaa CEO Falguni Nayyar believes that the per capita consumption of beauty is very high in the GCC region, and the company views it as a multi-year growth opportunity.

    As per Elara Capital senior vice president – research analyst of media, consumer discretionary and internet Karan Taurani’s margins in the GCC market is far superior as compared to India (around 48-50 per cent gross margin). Nykaa’s gross merchandise value (GMV) contribution from private labels currently is 11.2 per cent, which can potentially lead to 10-15 per cent higher sales volume for this segment in the near term due to new market expansion, he points out.

    “As per our assessment, this joint venture will thereby have a positive impact of one-two per cent on growth rates for the overall beauty and personal care (BPC) segment; it may be margin dilutive initially due to investment in the overseas market (creating brand awareness) but will impact earnings positively, once they achieve scale,” says Taurani.

    Elara Capital has estimated 23.7 per cent revenue compound annual growth (CAGR) for the Nykaa BPC segment in the upcoming years, he adds.

    For the record, Nykaa has 112 retail stores in India (as of 30 June), catering to approximately 28,000 pin codes and offering over 4,500 brands across platforms. Apparel Group is a global fashion and lifestyle retail conglomerate headquartered in the United Arab Emirates (UAE). It is home to over 75 lifestyle and beauty brands with over 2,000 stores in 14 countries.

  • Content & OTT solutions: Alliance & India’s Fullorbis tie up to sell NETArchive

    MUMBAI: Data archiving leader Alliance Storage Technologies and Fullorbis Technologies have teamed to expand sales throughout India. Fullorbis intends to sell and promote Alliance’s purpose-built NETArchive solutions to help archive, manage, optimize and protect critical data serving customers in a variety of industries including financial, government, healthcare, and insurance.

    Alliance Storage, a leader in professional data archiving solutions, announced the partnership with Fullorbis, a Kochi, India-based IT Management company serving clients throughout India.

    “Fullorbis will be a strong addition to our growing partner network and expand our presence in India,” remarked Alliance CEO Chris Carr. “Our new NETArchive solution is synergistic with Fullorbis focus on cutting-edge technologies,” he said.

    Fullorbis is a professional managed IT company involved in developing innovative products and solutions serving entertainment, content delivery, and OTT & IOT sectors. The company is now delivering highly reliable and scalable data archiving systems and solutions in India.

    “The market for professional high-end archive storage systems for the long-term preservation of data is opening up in India as the country takes a leap into digitisation and Internet technologies, especially in governance and delivery of services. Media, Banking, Healthcare, IT and government will be the segments that will be initially served,” said Fullorbis MD Ajit Menon.

    Fullorbis, as a channel partner of Alliance, will deliver best-in-class technology and pre-sales support. The integrated and scalable professional data archiving solutions offered preserve data unaltered for extended periods (greater than 100 years) at an exceptionally low total cost of ownership. Best-in-class global support services are available to sustain customer installations. The NETArchive solution provides value to various industries requiring long term data retention, security and data durability.

    NETArchive® is a purpose-built data archiving solution that offers leading edge technology and features required by today’s modern data centers. Through an innovative modular architecture, NETArchive offers multiple storage tiers consisting of RAID, optical and cloud to create a robust and secure solution that can be tailored to meet the needs of today’s archive market.

    Alliance anticipates that the partnership will bring tremendous value to their marketplace which serves customers in a variety of industries. “We’re delighted to be working with Fullorbis and look forward to a long-term partnership with the group,” added Alliance director of worldwide sales Bill Gallagher.

    NETArchive, with its powerful integrated data management software, adapts to any business, organization, or industry, and provides customers with a flexible, secure more reliable, alternative to tape and disk for permanent storage of archived data at a lower total cost of ownership. With elastic scalability, the solution can accommodate enterprise archives from 45TB to 1.6PB within a single rack, small to medium archives up to 15TB, and simultaneously expand infinitely offline or to the cloud.

  • WPP’s Kantar inks global alliance outside US with ComScore

    WPP’s Kantar inks global alliance outside US with ComScore

    MUMBAI: ComScore has inked a strategic alliance with WPP’s data investment management division, Kantar.

     

    The alliance, which covers territories outside the US, establishes a framework for the parties to bring the best of breed together from the two companies – their products, technology, data assets, research panels and relationships – to provide world class cross-media audience and campaign measurement capabilities.

     

    The alliance follows the intended acquisition by WPP, announced earlier today, of a substantial equity stake in comScore. Under the terms of the agreement, comScore will issue 4.45 per cent in shares in exchange for the benefits of the strategic alliance, and acquisition of certain European Internet audience measurement assets. WPP will also purchase up to 15 per cent shares of comScore through a tender offer with an offering price of $46.13, giving WPP a total ownership stake in comScore of between 15-20 per cent. The transaction is subject to customary regulatory approvals and is expected to close in the second quarter of 2015. Provided WPP’s tender offer is successful, it is expected to be accretive to comScore’s non-GAAP earnings per share in 2015.

     

    comScore will partner with Kantar and its operating businesses on cross-media audience and campaign measurement in non-US markets. comScore will also acquire the assets of Kantar’s Internet audience measurement businesses in certain European markets. In these markets, Kantar and comScore will continue to provide the same level of seamless integration and data services.

     

    “This long-term, strategic alliance will simplify the deployment of global measurement capabilities and accelerate the creation of new services for the industry. The emerging mediascape points to a massive global opportunity waiting to be unlocked by cracking the code on cross-media audience and campaign measurement. We look forward to working together with Kantar to deliver new measurement products based on our complementary offerings in these markets,” said comScore CEO Serge Matta.

     

    Kantar CEO Eric Salama added, “By partnering with comScore and combining our respective strengths, we will integrate data and expertise to give our clients a new standard in measuring audiences and campaigns across multiple platforms. This continues our strategy of combining survey, panel and census data and putting digital at the heart of all we do.”

  • Navratri Nights with The One Alliance

    Navratri Nights with The One Alliance

    It is that time of the year once again when the Goddess visits us and we celebrate with nine nights of worship and dance. These vibrant nine nights comprising Navratri are the most significant festive days of our year when the young and the old come together to dance the ras-leela, the dandiya and the garba.

     

    TheOne Alliance along with local MSO’s (Multi System Operator’s) have joined hands to organise scintillating events that will charge all dancers to fluant their best moves. All events will see an array of Actors and Actresses from Sony who will keep the crowds on their toes. And to keep the twinkle toes dancing away, there will be Indian Idol Junior contestants, Devendra, Aakash, Amit, Anmol and Aryan and other stars from leading shows CID, Adalat, Jee Le Zara, Bade Acche Lagte Hai & Latest show Nandini, keeping the crowd entertained.

     

    This on-ground initiative by TheOne Alliance is guaranteed to provide pure delight to residents. The sheer delight and excitement at Kora Kendra, Borivali; Tiranga Dandiya Powai & Ekta Group, Mira Road was seen in an action packed, adrenaline charged arena as the singers pumped in the extra bit of exhilaration. Select celebrities from Sony Entertainment Television and SAB TV also graced the occasion who were greeted with hoots, whistles and loud claps of fans.

     

    The event and activities initiated by TheOne Alliance in association with the backing of their strong MSO’s SCOD 18, Hathway and DEN Satellite focused on engaging and drawing participation from the public. The activities are taking place at prime locations drawing maximum participation by arousing huge interest among the public.

     

    The Garba ras events are scheduled to be held at the following locations on following dates
    • Kora Kendra, Mumbai between October 5 to October 13th
    • Thanganat 2013 by Abhinav Events, Ahmedabad on October 11th
    • Navratri Mahotsav’13 by Destiny Group , Surat on October 12th
    • Garba Ni Ramzat by IN Digital & Shree Sharda Group, Ahmedabad on October 12th
    • The Polo Parivar Navratri Mahotsav by POLO CLUB, Vadodara on October 13th
    • Akeela Pioneer Navratri Mahotsav, Rajkot on October 13

     

    Come and witness entertainment ‘The One Alliance’ style as the Navratri nights comes to your city giving you an unforgettable fun experience!

  • Govt. studying ways to ensure greater responsibility in social media

    Govt. studying ways to ensure greater responsibility in social media

    NEW DELHI: Information and Broadcasting Minister Manish Tewari, while regretting that the new media had been used without any sense of responsibility in events like the Muzaffarnagar riots, feels that one way out of this is to put more credible information in public space ‘to counter mis-information’.

    The Minister told the National Integration Council in a meeting today that while this was causing concern, the United Progressive Alliance’s policy over the last nine years had been ‘an essay in persuasion rather than regulation as far as the media goes’.

    He said that the government is working on how misuse of the new social media can be prevented and said that he would like to hear from all stakeholders at the Council meeting.

    He said it was now possible for any individual to reach out to the world with any news within a second, often ‘without responsibility and restraint’.

    He added: ‘Every individual has become a broadcaster in his own right without editorial control.’

    The social media had empowered the people but this power should be used with responsibility, he said.

     

  • ASCI’S Nams Initiative bags a Silver at EASA 2013

    Mumbai: The Advertising Standards Council of India (ASCI) has won the Best Practice Silver Award at the European Advertising Standards Alliance’s (EASA) Annual Meeting held in Milan, Italy recently.

    The Council received this award for introducing the path-breaking initiative, National Advertising Monitoring Service (NAMS) in May 2012. ASCI had introduced NAMS to strengthen the process of tracking and reducing misleading advertisements which harm the interests of consumers.

    The proactive monitoring by NAMS of print and TV ads has helped in tracking a much wider number of misleading ads month on month. In relative terms, the number of ads against which complaints were received and processed by ASCI has jumped nearly five-fold from 177 in 2011-2012 to 784 in 2012-2013. Clearly, the NAMS initiative has helped in strengthening the ad self-regulation and complaint redressal process manifold.

    ASCI chairman Arvind Sharma said, “ASCI through NAMS has done path breaking work in tracking down and removing ads which make misleading, false or unsubstantiated claims. And the EASA Best Practice Silver award is recognition by the global ad Self Regulatory Organisations (SRO) that ASCI not only follows global best practices but also helps in innovating new ones. This recognition encourages us to further strengthen the professional and ethical standards in the ad industry to ensure responsible advertising and thereby protect the interests of the consumers.”

    The EASA awards were organised around EASA’s annual general meetings held in Milan which include technical meetings on self-regulation best practice and a workshop on social media.

  • Ditto TV strengthens regional bouquet with Raj TV alliance

    Ditto TV strengthens regional bouquet with Raj TV alliance

    MUMBAI: Zee New Media, the digital media arm of Zeel, is slowly and steadily building its over-the-top (OTT) platform Ditto TV. Close on the heels of adding ETV network channels, Ditto TV has strengthened its regional offering by inking a strategic alliance with Raj Television adding the latter‘s bouquet of channels to its regional pack.

    The alliance will now enable Ditto TV to stream live TV content from Raj TV Network to avid viewers of South Indian language channels on their mobiles, PCs and tablets. Raj TV Network‘s bouquet includes channels across genres like GECs, News and Music comprising channels like Raj TV, Raj Digital Plus, Raj Music, Raj Musix and Raj News 24X7.

    Commenting on the partnership, Zeel Business Head – New Media Vishal Malhotra said, “Our partnership with Raj TV is of strategic importance to Ditto TV as it will help us strengthen our foothold in the southern markets that we have already penetrated through the ETV range of channels. More importantly, with the enhanced channels offering on the Ditto TV platform, we are delighted to have reached out to the hearts of Indians from around the world, who yearn for such content.”

    Raj TV Distribution Director M. Rajrathinam said, “With the evolution of technology, we need to keep pace with the demands of our New Age Viewer, who prefers to view content not only at his convenience, but also at the place of his choosing. Our partnership with Ditto TV offers us the right choice for us to reach out to this viewer. The partnership will also help us accelerate our business beyond our audience base in southern India, to national and global markets.”

    The partnership with Raj TV is in addition to the associations Ditto TV already has in place with other leading content providers such as IndiaCast, Multi Screen Media (MSM), Sri Adhikari Brothers (SB), TV Today Network and BBC.

  • Lodestar UM wins LoyaltyOne and DSP BlackRock media biz

    Lodestar UM wins LoyaltyOne and DSP BlackRock media biz

    MUMBAI: Lodestar UM has bagged the media duties for Alliance data group‘s LoyaltyOne and financial services brand DSP Blackrock following a multi-agency pitch.

    Lodestar UM COO Nandini Dias confirmed the development to Indiantelevision.

    “LoyaltyOne is one of the largest loyalty programme and has 90 per cent market share in some countries. They needed someone who understand shopper sciences, retail market and will be able to marry media knowledge to get excellent RoI. Considering this space is not well developed in India, it will be exciting as in a way we will set trends and benchmarks in the category. We are truly looking forward to help them grow their presence in India,” Dias said.

    LoyaltyOne is a part of Alliance Data Company, which is one of the leading providers of loyalty and marketing solutions. It is a global provider of loyalty strategy and programmes, customer analytics and relationship marketing services. They are available in Canada, South America and Asia Pacific markets.

    On winning the DSP BlackRock business, she said, “All financial clients will require partners who will be able to advise them in the current tough times. And financial sector is going through a far tougher challenge than most other categories. Due to our unusual thinking and out of box work in print we won the account of DSP Blackrock.”

    DSP BlackRock Investment Managers is premier asset management company in India. It is a joint venture between the DSP Group and BlackRock.

  • Alliance wins media mandate for ibibo

    Alliance wins media mandate for ibibo

    MUMBAI: Alliance Advertising and Marketing has won the media responsibilities for all the verticals of ibibo Web. The account was previously held by Zenith Optimedia.

    Alliance director Arshad Nizam said, “DotCom are the future of consumerism and hence it is important to have an edge on the business model. ibibo will be a great client to work with since they have various verticals and have a clear plan of being a clear leader in each one of them.”

    ibibo president Sanjay Bhasin said, “We needed a partner on board who would be involved with the brand and think beyond regular campaigns. We saw Alliance as a partner who was aligned with our thought process and were ready with aggressive strategies across mediums, which are required to build the relevant traffic for our sites.”

    Business director on the account Swati Saini added, “It gives us great pleasure to see them place immense faith in Alliance advertising. We are looking ahead to this partnership and are certain that our planning strategies and models will take the brands to leadership positions in years to come.”