Kickstarts it's India Retail Operations From Punjab
- Opens 6 stores in a single day
- Plans to open 150 stores in next 6 months
October 23, 2008, Chandigarh: Rosebys Interiors India Ltd. today has kick started
its Indian retail operations by launching its stores in the state of Punjab. The company
simultaneously opened four stores in Chandigarh, Mohali & Punchkula and two in city of
Ludhiana today.
A home DECOR AND LIFESTYLE PRODUCTS company, Rosebys is poised to become one of the
leading home furnishings and Décor Company in the country. The company would be setting
up a pan India network of franchisee stores in the coming months.
Read more...
Speaking on the occasion Mr. Nikhil Sen, Director Rosebys India Interior Limited said:
“With organized retailing growing at more than 30% annually, there is a huge untapped market
for the home décor and lifestyle stores in India which is pegged around Rs.10,000 crores.
We are targeting this space across the country to deliver the world class product and shopping
experience to consumers. We are in the process of building a powerful brand and are poised to
have a dominant presence in the country's retail arena”.
He further added that Rosebys has chosen Punjab as the launch platform because of people’s
ability to appreciate both the quality & premium lifestyle fashion.
The organized Indian retail market is fast growing and is expected to touch $12 billion
by 2015. Rosebys would target the organized retail which has a negligible penetration in
the overall retail space market in the country today.
Rosebys promises to deliver a world class retail experience and contemporary range of
products for the modern Indian woman’s home. Rosebys will launch with four basic thematic
product ranges. These are Indulgence, Eco Chic, Geo Retro, and Peony Garden. Each of this
range has a different concept and would have an entire product range from bed covers, bed
sheets, towels, cushions, and adornments like photo frames, vases candles contemporary and
unique range of home stainless steel ware and personal care products.
Aloke Banerjee, CEO, Rosebys said, “Home furnishings and décor market in India is
largely dominated by the unorganised players. We are here to bridge the gap between the
luxury and low end market present in the home furnishings and décor market currently.
Rosebys aims at providing affordable premium products to its customers. We have a wide
range of products to suit every aspiring woman. We will be opening 150 stores in the next
6 months.”
Rosebys stores would be a concept store, highlighting each story individually. The brand
would take the franchisee route but the standard of the stores would be consistent.
Soha Ali Khan, the leading Bollywood actress has been signed as the brand ambassador
for Rosebys. Soha has been part of prestigious projects in the past, and has won the Best
Supporting Actress for her performance in ‘Rang de Basanti’.
Varun Bahl, a graduate from NIFT, New Delhi has ventured into home furnishings
moving towards an expansive horizon in the world of design to create an exclusive range
for UK based home furnishing brand Rosebys London.
The secret of Varun’s run(a)way success is his ability to look beyond the obvious (what’s in),
and to continuously revisit and reinterpret his creativity for our elegant, non-conformist,
avant garde and experimental buyers.
Varun Bahl excels at blending the vintage with the contemporary, the antique with the new,
and manages every time, to come up with another pattern in the kaleidoscope to suit the needs
and taste of a wide range of customer.