Posts tagged apparel

Manyavar brings Traditional Attire back into Fashion


manya1Vedant Fashion, that owns ethnic brand Manyavar, an apparel brand that mainly thrives on Indian cultural celebrations and festivities has quietly overtaken its global peers. It has posted a net profit of Rs90 crore, higher than most profitable apparel brands and department store chains.

Known as a leading ethnic wear brand in India, Manyavar has been moving ahead of the game by growing at a rapid pace with more than 400 stores across the country attributing it to a host of factors, from cost efficient, proper inventory management, its strict pricing policy, aggressive retail planning and now getting its clothes as an everyday wear brand instead of just weddings and social functions.

Team Ginesys is glad to be providing the software for their manufacturing, distribution and retail operations. We wish them all the best in their endeavors.

V-Mart organises supplier meet ‘Shayog 2014′ to commemorate Ten years


 

8 February 2014 saw the leading value retailer in the country, V-Mart completing ten successful years of journey in retail. To commemorate all leading suppliers for their strategic association in the past decade, V-Mart had organized Shayog 2014. Shayog as the name has it, stands for “Collaboration”. This mega-event was held at Four Points Sheraton, New Delhi.

2014-02-08 15.36.37The event unfolded with the top management, headed by Lalit Agarwal, CMD of V-Mart deliver the keynote address in the august presence of nearly two hundred business partners.

Prashant Lohia, CEO & Founder, Ginesys, presented his views in the panel discussion –  “Transformation from a Manufacturer to a Brand”, sharing the podium with eminent panelists, notably: Jeetmal Jain (JM Jain), Mahender Bajaj (Harra), Rajiv Goenka (Shipra Commercial) and other dignitaries.

One of the highlights of the event saw Prashant Lohia unveil the V-Mart Supplier Portal Dashboard powered by Ginesys. “Suppliers can login and view their real-time performance in V-Mart wrt their sales and stock data”, Mr Lohia reinstated.

The event saw, Chandradeep Sen, Head – Marketing & Business Development of Ginesys, present his views on  “How Technology can empower a Manufacturer’s Business”. In this interactive session, he talked about how IT can be leveraged for business growth. Mahender Bajaj (Harra) and Rajiv Goenka (Shipra Commercial) highlighted on Return on Investment after implementing an ERP solution.

V_Mart_Logo (1)This retreating winter saw the day conclude with a cultural program and a glittering Award ceremony to recognize leading suppliers of V-Mart on completion of their association with V-Mart in the past decade. Suppliers witnessed diverse management topics ranging from gaining ‘consumer insights’ to ‘strategy’, ‘process efficiency’ to ‘vendor policies’ and ‘enablement of business growth by leveraging IT’. Such vast exchange of knowledge kept the audience at the edge of their seat, thirsting to absorb more.

At Ginesys, V-Mart has been our esteemed client since the day of inception. We, at Ginesys, are beside ourselves with joy to be an integral part of this jubilee and bring you this news feed.

Ginesys at India Fashion Forum 2014


BlogIMAGES Group once again proudly presented the 14th edition of India Fashion Forum. Held on 17th and 18th January, this mega forum saw world visionaries and think tanks share their vision at the Bombay Exhibition Center, Mumbai.

Besides National and Global fashion retail chains; India’s top regional retail chains and most successful franchisees actively participated in this forum.

The main highlight of our participation was Rohit Khetan (Marketing and Strategy Head) being a distinguished panelist on  “Expanding to The Next Frontier of Fashion Growth – Reaching the Tier II, III and IV Markets” along with:

·      Gopalakrishnan Sankar, CEO – Reliance Footprint and CEO – Reliance Living

·      Praveen Sinha, Co-Founder and MD, Jabong.com

·      Sandeep Mukim, CEO, Proline

GINESYS received a great applause from its clients and significant response from the keen visitors who are interested in building an organized retail business.

Split items in a bill to make it apparent

Ever felt like bill could become more understandable.Billing or Invoicing in the case of fabrics is always a bit tricky!

For example the same fabric is purchased by a customer in 2 cut pieces, suppose one in 2 meters and one in 1 meter. It is possible to split one item into multiple lines on the bill making it clearer as to what was purchased to the shopper. You can also select different sales persons for the same item on different lines increasing sales flexibility.

Earlier it was always merged into a single line. This option still remains and might be useful in situations where it is not useful to show separate lines of quantity but a single line of total quantity.

 

Note: This feature is specifically for V11

Organized apparel retailers tapping online route


Recently Ginesys released a report on how organized apparel retailers are moving into e-commerce space aggressively.

The main points highlighted were:

  • Almost 20.1 percent of organized apparel retailers are present on multiple online platforms.
  • The study also highlighted that 12.8 percent of organized apparel retailers have invested in their own ecommerce infrastructure i.e., ecommerce ready websites and 20.2 percent of organized apparel retailers are present on multiple online platforms including their own sites and third party marketplaces.

Commenting on the findings of the report, Prashant Lohia, CEO, Ginesys, said: “Retailers have realized that a major chunk of the target consumer base is now online. Organized retailers with their pan-India bandwidth and large resources are rightly placed to tap into this opportunity. As solution providers, we at Ginesys are developing products that facilitate a smooth transition to an online business model.”

 

You can read the full article at the links mentioned below:

http://news.in.msn.com/business/article.aspx?cp-documentid=253487402

http://www.indiaretailing.com/news.aspx?topic=1&Id=7145

http://epaper.asianage.com/PUBLICATIONS/ASIAN/AAGE/2013/08/05/ArticleHtmls/Organised-apparel-retailers-opt-for-online-route-Survey-05082013017046.shtml?Mode=1

http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=149903

http://post.jagran.com/one-in-four-organized-apparel-retailers-tapping-online-route-study-1375845693