Fab India Who We Are The first Fabindia outlet was set up in by John Bissell to provide a platform for weavers and printers to market their produce. His son, William, is the current Managing Director of the company.
Change in customer consumption pattern and increased income per capita has given boost to domestic sales of Fabindia. Key challenges in achieving target revenue of Rs 8. This document is intended to analyse different possible alternatives like increasing product line, establishment of new store with external and internal financing options, development of franchisees to achieve target revenue without compromising with vision of organization.
Situation Analysis Rapid scale-up would require more qualified personnel and formalization in organization. Absence of organized retail sector in India has lead to shortage of qualified personnel.
Small players like, privately owned Anokhi, Govt.
New product lines were introduced and have shown positive results. In last two years organics and body care revenue has seen a growth of times. Increasing number of shops will require more investments due to increasing rental and property rates.
Another major challenge for Fabindia could be capital for expansion. For desired exponential growth Fabindia may require additional external capital. Estimate of supply has always problem for Fabindia. Problem Statement To grow in terms of revenue to Rs 8. Alternatives and their impact Increase efficiency of existing stores In last five years operational expanses has increased from It has reduced the profitability of organization.
An expected saving of Rs 55 million expected. Fabindia was not able to utilize its export potential and has seen negative growth. Inrevenue from export was at Rs 2 million. Currently export revenue has declined to Rs 1. Exploring new market and clients may result in better results. Additional revenue of Rs 2 million can be generated by focusing on exports.
Collaboration and franchisee model Franchisee model may have multiple advantages like increased market presence, saving on labor cost, rental cost, and managing cost.
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Franchisee model may also tarnish image of Fabindia and franchisee may use Fabindia brand name to promote its own products. A carefully legally bounded agreement may be required. Currently Fabindia has 49 stores and additional stores of medium size feet will make an additional rental cost of Rs Welcome to FAB FLOORINGS INDIA.
Rubber has an assortment of characteristic favorable circumstances that have made it a to a great degree prevalent flooring . Ethnic Fabrics and handicrafts retailer Fabindia has acquired 40 per cent stake in Organic India Pvt Ltd, a Lucknow-based organic food and supplements firm which is already a product vendor to Fabindia, for an undisclosed amount.
Oct 01, · Mention FabIndia to most of India's urban, upmarket shoppers and chances are they will have at least visited one of its stores, if not shopped there.
Now William Bissell is on a . Home.
f road no 2 v k i a JAIPUR, RAJASTHAN ph: /Mobile/ fax: alt: cotfabin dia. Fab India store is the best shopping places now opened in DLF Promenade shop number Fab India one of the most popular brands located in Vasant Kunj, Delhi. Ethnic lifestyle retailer Fabindia has launched a new retail format called the ‘Fabindia Experience Centre’, and plans to open 10 such stores by the end of , .