|
NO ROOM FOR DESIGNER EGOS IN THE NEW MARKET
Sourish Bhattacharyya (HT City)
Journalists hate the expression
content providers. Likewise, fragile designer egos tend
to get frayed when theyre called vendors, but Aniruddha Deshmukh,
Executive Director, Raymond, insists on calling them that. Being
the guy who presides over Be:, Deshmukh is changing the rules of
the fashion business, and, surprisingly, the design community is
more market-savvy than we give it credit for.
In the mass market-driven prêt business, as
Deshmukh pointed out on the second day of the Lakme India Fashion
Week, theres no room for egos. Which means designers have
to change the way they work. For starters, they must be ready to
accept that in the real world, prices are determined by end
consumers, so theyve to work backwards from identified
price points to offer the right products at the right prices.
In the marketplace, says Deshmukh, labels dont
necessarily result in sales, which may come as a real shock to designers,
who had got used to dictating prices to a minuscule client base.
Heres how Be: had changed the rules of the fashion business:
For each season, the fashion retail chain adapts international forecasts
to the needs of its Indian target consumers, constantly tracking
the fastest-moving price points as well as constantly tracking colours
that are hot and those that arent.
In a significant shift departure from the past,
when individual designers would adhere to their own production cycles,
the Be: management expects the dozen designers associated with it
to work a season in advance (by 2003, well be a couple
of seasons in advance, assures Deshmukh).
It has defined a prêt price band, compiled
a quality manual and standardised the size chart (otherwise, designers
were following their own sizing rules dictated by individual preferences),
and it expects designers to adhere to them.
Finally, the participating designers are expected
to make detailed presentations during designated buying weeks
within a couple of seasons, we have moved away from a situation
where we had to base our decisions on sketches, without any samples,
without any cost pricing, without any idea of the fabrics or colour
options, says Deshmukh.
Luckily for Be:, or maybe because of it, our design
community have become definitely more market-sensitive. Bobby and
Manju Grover, whove created a completely western look for
their prêt line priced at Rs 600 to Rs 9,900 for retailers,
point out that outwardly mobile Indians have found out how inexpensive
it is to shop at outlet malls in America and Europe, where
you can get an Armani jacket at a 70 per cent discount in January.
Bobby, in fact, loves to recount how the same line
of Bally shoes hed seen priced at US$200 in Dubai last April,
was selling for US$50 at Oxford Street, London, this past January.
Thats our competition, but our designers have yet to
get serious about their business, he says. They regard
expansion as a headache because theyve got used to working
in very comfortable environments.
Like Bobby, Monisha Bajaj is raring to go
prêt, but its not often that she gets an order for 500
pieces, as she got from Westside some time back, which brought down
her prices dramatically. Internationally, stores buy quantities
and have the spaces to sell volumes, but we dont have that
here, she says. Only if buyers start buying quantities,
we can go for batch production and bring down our prices.
Well, shes serious, for she believe that the market for designer
clothes is extremely limited, and that competitive pricing is the
only way forward.
|