Tag: Westside

  • Tata’s Trent serves Burnt Toast fresh as fashion for India’s bold youth

    Tata’s Trent serves Burnt Toast fresh as fashion for India’s bold youth

    MUMBAI: Fashion just got toasted and in the best way possible. Tata Group’s Trent Ltd. has launched Burnt Toast, a youth-first fashion label that’s less about fitting in and more about standing out. With its edgy name and vibrant catalogue of apparel, footwear, and accessories, the brand is baking in affordability, creativity, and a dash of rebellion for India’s digital-first generation.

    After making its debut with stores in Bangalore, Thane, and Surat, Burnt Toast is now setting its sights on expanding across more Indian cities. Designed for creators, trendsetters, and the scroll-happy youth, the brand is positioning itself as a community as much as a fashion line, a place where self-expression isn’t optional, it’s the whole point.

    The collection serves up a buffet of playful silhouettes, bold prints, and statement pieces that could just as easily double as wearable art. Whether it’s vibrant tees that pop on Instagram grids or footwear that walks the fine line between comfort and cool, the aesthetic is deliberately unafraid.

    “Burnt Toast is more than just a fashion brand; it is a dynamic lifestyle and a vibrant community crafted to empower India’s expressive youth,” said Trent Ltd managing director P. Venkatesalu. He added that the goal is to make global fashion accessible while fuelling individuality and shared identity.

    With Gen Z and millennials driving India’s fashion market, estimated at over 100 billion dollars, Trent’s youth-focused pivot is as strategic as it is stylish. Burnt Toast joins Trent’s existing retail portfolio which includes Westside and Zudio but carves a niche aimed at energy, confidence, and individuality.

    For a generation allergic to cookie-cutter clothing, Burnt Toast is serving something hotter, crunchier, and unapologetically fresh.

  • BMC, NCPA and Westside brings NCPA@thePark

    BMC, NCPA and Westside brings NCPA@thePark

    Mumbai: Westside in association with NCPA brings to you NCPA@thePark, a performance-filled event with acts across theatre, music, dance, and poetry and symphony orchestra. The event will be hosted at Cooperage Bandstand Park, Fort (near army navy store) on 6 and 7 of January 2024, 6 P.M onwards.

    NPCA@thePark is a free of cost event that is open to the public. The two-day event is scheduled for this weekend with an exciting lineup of artists.

    Know more about the event on NPCA@thePark

  • Durga Puja: Advertisers optimistic as demand returns

    Durga Puja: Advertisers optimistic as demand returns

    MUMBAI: By now it’s evident that the Covid2019 pandemic is not going away anytime soon. After spiralling caseloads – ravaged the economy, and played spoilsport with travel plans – scary ol' Corona seems to be on the wane in time for the festive season, though it’s too early to celebrate outright. But with the markets rallying and consumer sentiments surging, brands and advertisers are sniffing the air hopefully, even as they tread with caution. 

    Every year, several categories like FMCGs, apparel, auto, e-commerce and consumer durables become the biggest spenders during the Durga Puja-Diwali stretch. The query their marketing teams puts up is not ‘how much?’ but ‘why not?’ This time around, the question is: how brands plan to advertise in the year of Corona.

    However, the Tata group owned fashion and lifestyle chain Westside has braced to make the most out of the circumstances. The brand’s ‘What’s Your Festive’ campaign focuses on all the products, right from clothing, cosmetics, footwear to  home décor. For the campaign, Westside has created four festive installations, each of which spans 15 seconds in which viewers can catch a glimpse of everything that it offers.

    Westside customer head Umashan Naidoo explained, “The films are directed by the very talented Devang Desai and the cast consists of Westside employees, customers and designers from the ethnic wear brand. After all, who better to advocate style and share the joy of their products but the creators themselves? We believe that these are real people with the aspirations of the brand at heart.”

    Read more news on Durga Puja 

    The films are meant to uplift spirits and have nothing to do with hard selling, said Naidoo, adding in an aside that the sparkling diyas featured in the video are part of a CSR project started in 2003 by Simone Naval Tata herself.

    As the options for big outdoor displays and activities are limited, brands are shifting to the digital space to keep their connect with customers alive. For instance, Fortune the Adani Wilmar group's Fortune brand has been running a digital campaign called Pet Pujo for the last three years to engage consumers. The brand’s media & strategy head Sanjay Adesara said: “This year, we have given it a twist keeping the current Covid situation in mind. From the last 3-4 years, we were doing a separate digital activity outside. This year also we are keeping it digital.”

    Adesara also shared that the trends in the West Bengal market during the pre-Puja period are similar to last year’s: there’s been no dip in additional grocery buying and shopping for clothes and personal care products.

    Kolkata is a major market for RSH Global-owned Joy Personal Care. CMO Poulomi Roy is of the view that from November onwards, things are going to pick-up in the northern part of the country, especially before Diwali. The skincare maker has launched a new campaign ahead of Durga Puja in West Bengal. As part of the campaign, the brand released the peppy, upbeat music video Dugga Elo featuring ten popular Bengali celebrities which captures vivid moments that highlight the vibe of pujo. Intended to create a festive mood and keep the spirit alive, the campaign song will be played out on television, radio, OTT platform and social media platforms of SVF Brands.

    Observing that while the personal care segment such as hand wash, soap, sunscreen segments had gone down during the initial phase of the lockdown, Roy said one category that witnessed a boost was luxury products.

    “People have stayed back at home and instead of spending outside, they have actively been indulging and taking care of themselves by using  personal care  products,” she added. The disruption that happened at the outset of the pandemic affected the company's supply chain but as things are getting back to normal, the demand is steadily returning.

    Experts echoed the sentiment, saying consumer demand has definitely picked up in the past 15 days. Experimental and cross-shopping is on the rise, especially for categories such as cosmetics, lingerie and home décor. They project that brands which have the best style, value, availability, and experience will surely witness growth.

    Tata CLiQ CMO Kishore Mardikar noted that since people are still on guard against contracting the virus, there’s been a lull in out-of-doors puja activity, especially shopping. Instead, they’ve switched to online to purchase their discretionary needs along with daily essentials. Broadly, there’s been an accelerated digital adoption this year,  with increased exploration and buying in all the categories including fashion and electronics.

    Looking to capitalise on this shift, the primary focus of Tata CLiQ is on audiences that have higher intent/consideration to purchase and thereby engage with them to catapult traffic to the platform. The company's marketing plan during the season is positioned around the theme of gifting.

    “This year our focus is to drive transactional efficiencies and hence our marketing choices are dictated mainly by digital media complimented with engagements via our social platforms,” Mardikar added.

    Even after Covid and government-mandated guidelines to check it, brands have improvised, adapted and are desperately trying to overcome all the challenges. Will they get to have the last laugh? Or will the Calcutta High Court's direction to make all pujo pandals in the state 'no-entry zones' prove to be their undoing?

    MediaCom chief growth officer Soumak Banik paints a not-so-rosy picture of the situation. “When you talk about Durga Puja or event festivities, the maximum of the money goes on ground. This time that is itself cut down, taking a huge hit. Even if the entire outdoor budget is lesser, it will impact advertising fundamentals at the end of the day,” he said.

    The festive season is an auspicious time in terms of sales for businesses across the board and marketers leverage this opportunity with promotions galore. This year, the festivities may be subdued and the volume of ads may be low, but brands are not down and out for the count. They're trying to reach out to customers in new ways and formats.

    “There is cautious optimism in the air. Brands are planning activities and are expecting offtakes to happen,” summed up Havas Media Group MD India Mohit Joshi.

  • Tata Group to be the ‘Alibaba’ of India?

    Tata Group to be the ‘Alibaba’ of India?

    MUMBAI: The multiple investments made by its chairman emeritus Ratan Tata in e-tail and the steep rise in the e-commerce industry seems to have inspired the Tata Group too, which is now reportedly planning a big entry into the e-commerce space with a marketplace-based model.

     

    The Economic Times reported that the site will be headed by its subsidiary Tata industries and that Tata is modeling its business on Tmall.com, which is the marketplace in the Alibaba Group.

     

    The new marketplace business, modelling on Alibaba’s Tmall.com, would allow third-party sellers on the platform. It would help generate revenues by charging a fee or commission from merchants, who will use the platform.

     

    The yet-to-be-named venture is likely to be rolled out in 2015, and will initially showcase Tata’s existing retail chain brands such as Westside, Croma and Star Bazaar. Tata is also planning to tie up with its partner Zara, which only sells online through its own sites.

     

    It will also allow other merchants to sell alongside Tata’s various units. The group has already reportedly begun enrolling vendors and hiring people, the report added.

     

    Tata already has a substantial presence in real-world retail, including joint ventures with Britain’s Tesco, Spain’s Zara and coffee chain Starbucks. Last month Ratan Tata, chairman emeritus of Tata Sons, bought a stake in Snapdeal and online jewellery retailer Bluestone.

     

    India’s e-commerce market has been booming in recent years with market leader Flipkart clocking a valuation of $7 billion in a July funding round when it raised $1 billion from a clutch of existing investors and a day later, Amazon announced plans to invest $2 billion in India.

     

    Also, India’s online retail business is expected to surge to between $19 billion and 38 billion, from about $2.3 billion in annual sales now. Enticed by the potential, other business houses like Reliance Industries and Aditya Birla Group have reportedly been hinting at forays into the e-commerce space but have not revealed any concrete plans so far.

  • Trent Ltd’s Ad Spend at Rs 8.56 crore in Q3-2014

    Trent Ltd’s Ad Spend at Rs 8.56 crore in Q3-2014

    BENGALURU: The Tata group’s department store operator Trent Limited spent the second highest amount of Rs.8.56 crores in Q3-2014 amongst the preceding seven quarters towards advertising and sales promotion (Ad Spend). Earlier, during Q3-2013 the company had an ad Spend of Rs 10.16 crore, the highest across seven quarters from Q1-2013 to Q3-2014. (Note : Rs 1 crore = Rs.100 Lakhs = Rs 10 million = Rs.100,00,000).

    Trent Limited was established in 1998 as a part of the Tata group. It operates the retail store chain Westside. In 2004 the company ventured into the hypermarket business with Star Bazaar. Also, Trent Ltd acquired a 76 per cent stake in the books and music retail store chain Landmark.

    In terms of percentage of Operating Income (Op Inc), Trent Ltd Ad Spend shows a downward linear trend. In Q3-2014, Ad Spend was 3.30 per cent of Op Inc., while in the year ago quarter it was 3.94 per cent (the highest in terms of value and percentage of Op Inc over the seven quarters under consideration). Trent Ltd., lowest quarterly Ad Spend was in Q4-2013 at Rs  4.02 crores.

    However, despite the downward linear trend in Ad Spend in terms of percentage of Op Inc, in value or rupee terms, the linear trend is upwards because of the increase in Op Inc. Please refer to Figures A and B.

    The company’s PAT too is moving upwards linearly, both in terms of percentage of Op Inc as well as in rupee or value terms. The company reported the highest PAT across the seven quarters under consideration in Q3-2014 at Rs 23.49 crore, while the lowest PAT across the seven quarters was in Q2-2013 at a shade under Rs 9 crore. (Refer Figure B below)

    As mentioned above, the company’s Op Inc has been moving linearly upwards, with the quarter ended December 2013 reporting the highest figure at Rs 282.43 crore, while the lowest Op Inc reported during the seven quarters under consideration was in Q1-2013 at Rs 218.71 crore. Correspondingly, the company’s Total Expenses (Tot Exp) figure is also following a linear upwards trend and Tot Exp has been highest at Rs 268.95 crore in Q2-2014 and the lowest in Q1-2013 at Rs 214.44 crore. Please refer to Figure C below.

    Figure D shows the Q-o-q change in Op Inc, PAT and Ad Spend. The change in Q1-2013 is in relation to Q4-2012.