TCNS Clothing 2019-12-03

Creating Benchmarks Of Execellence In Ethnic Wear

TCNS Clothing Co. has over the years stood out as one of the leaders in the ethnic wear industry. Now, the brand plans to undertake aggressive expansion to increase its store footprint. In this interview, Lalit Raghuvanshi, Vice President (Sales), TCNS Clothing, shares the brand’s franchise strategy and expansion plans

Creating Benchmarks Of Execellence In Ethnic Wear

Considered one of the leading brands in the Indian ethnic wear industry, TCNS Clothing entered the fashion retail industry at a time when the industry was going through a massive revolution. In 1997, when O S Pasricha and Arvinder Singh Pasricha established this clothing brand, consumer sentiments were quickly shifting from the unorganised market to the organised and branded wear industry. Gaining an early mover’s advantage, the brand has over the years expanded its operations to more than 3,000+ points of sale across India, Mauritius, Sri Lanka and the Middle East, having a footprint of 550+ exclusive stores in 100+ cities. It has three brands in its portfolio – W for Woman launched in 2002, Wishful in 2006 and Aurelia in 2009. Excerpts from the interview:

How would you explain your aggressive growth?

One of the major factors for our growth has been the perfect fit of garments. We undertook one-of-a-kind anthropometric study in 2002 to arrive at smarter and better fits for Indian women. In fact, TCNS Clothing was the first to introduce six sizes in India as against the competition which was offering three sizes. We further introduced the seventh size in 2011.

What are your best practices for franchise management?

We operate 205 of our exclusive brand outlets (EBOs) through franchising and hence we make it a point to work closely with our franchise partners. This includes choosing the outlet location, designing the interiors, hiring and training of sales associates. Our on-ground sales team assists our franchisees with the day-to-day running of their outlets. We assist our franchisees to reach their maximum potential by harbouring a true partnership with the company, driven by the common goal of delivering a superior consumer experience that is consistent across all TCNS Clothing’s brand outlets. We look for partners who can get involved operationally and not just financially.

How do you ensure profitability for your vast franchise network?

Keeping the changing consumer aspirations in mind, TCNS Clothing has taken multiple steps to evolve and cater to the economies’ growing demand. These involve improving the product, retail look and feel of our consumer’s experience. We evaluate the brand portfolio of our stores periodically and take corrective action wherever it is required. All aspects of our franchise stores are periodically scrutinised and monitored, including product mix, efficiency of the sales team, marketing, etc. Retail sales are not dependent only on footfalls but on other parameters as well. TCNS continues to identify gaps and opportunities to improve on our operational parameters and will continue to outperform and be least impacted by external factors.

What are the brand’s expansion plans?

Given the increasing demand for Indian ethnic wear, our growth plan involves expanding our footprint. We have identified several new towns and cities within and outside India that have a lot of growth potential. We intend to open 70- 80 exclusive brand outlets every year.

 

FRANCHISE FACTS

Established: 2002

Franchising since: 2003

Total outlets: 541 (W) and 215 (Aurelia)

Investment: Rs 30-40 lakh

Area: 600-1200 sq. feet

Break-even: 3-6 months

Expansion: Pan-India

Comment
image
image
mobile
address
star franchise india
Related opportunities
  • About Us: KRS Educreations Pvt Ltd brings a pre-school franchise model..
    Locations looking for expansion Uttar Pradesh
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 1000 - 2000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ghaziabad Uttar Pradesh
  • Building Ceramics
    ·         ALCOI provides appropriate fenestration s..
    Locations looking for expansion Haryana
    Establishment year 2008
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Beauty Salons
    About Us: Cut & style is one of the finest and..
    Locations looking for expansion New Delhi
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater DELHI New Delhi
  • Quick Service Restaurants
     Over a period of time, the restaurant has gained a..
    Locations looking for expansion Haryana
    Establishment year 2009
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads