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Showing posts with label textiles. Show all posts
Showing posts with label textiles. Show all posts

Friday, 6 January 2006

Colorplus : Underwear ? ... a rejoinder

Posted on 22:48 by Unknown
In my earlier blogs I have praised Colorplus owners ( Raymonds) for their careful brand strategy and execution. I have in that blog wished that Raymonds will not mess up that brand. Seeing today's newspaper, I got the shock of my life , an ad of Colorplus Underwear. One of the best Brand Extensions I have ever seen in my life !!!

Let us see the rationale behind this wonderful extension. Colorplus is a respected brand in the premium menswear category. Men wear underwear. So men in the premium segment wear Premium Underwear. So why not launch a Premium Underwear ?. And since Colorplus is a premium brand, why not launch a Colorplus underwear?

Will it dilute the mother brand? No yaar, it is premium isn't it? Underwear always add value to the premium image of the brand. Oops !!!
Can it be called a backward integration ? May be a better word will be "undergration".

Well! enough of criticism! I thought I will do some research to find out why such a drastic move from Colorplus.
Hold your breath !
The Indian men's Innerwear market is worth around Rs 2500 crore ( I am also surprised!). The market is dominated by local and regional players. The organized branded innerwear market is estimated to be around Rs 750 crores. The premium innerwear market is worth Rs 120-150 crore.More interestingly this is a market which is witnessing a double digit growth.
No wonder ColorPlus is caught "Pants down"

The men's innerwear market is dominated by VIP with over 20% market share. The brand has been there for long and has established itself across the segments. Recently there has been lot of activity in the premium segment of the market.
2004 saw the launch of Hanes innerwear in the Indian market.Hanes is a 105 years old global brand which is worth around $2.2 Billion. The brand is launched in India by Sara Lee India Ltd. Hanes has targeted itself with "original Tagless Comfort". The emphasis on "Tagless " comes from the global research which showed that 2 out of 3 men are irritated by the tags in the innerwear. The brand is launched in India with some smart advertising from Mccann.
Another major player is the 125 years old global brand Jockey which has around 25% share in the premium segment of the market. This year also saw the Vanheusen brand from Madura Garments "Undergrating "to Underwears

But should you launch such innerwear through an extension?. This is a big market with a potential for a new brand. 2500 crore is a huge market. Why not a new brand exclusively for innerwear like VIP? Why should a Brand like Colorplus be diluted by a half hearted move in a new segment?
See the distribution dilemma that the brand will face .
To have a large market share , the ColorPlus innerwear has to be in all the shops that sell innerwears, that include small textile shops. If the company decides on an intensive distribution, then this premium brand will be visible to the customer in non premium outlets thus diluting the premium image and the exclusivity.
Again if the brand is restricted to select outlets, then the volume will not justify the brand extension, because convenience of purchase is an important criterion in this segment since the value of the product is low.Customers may not travel to a large textile shop to make such a purchase.

Well , If Colorplus is a brand that has been nurtured through careful advertising , this is an extension that could have been avoided.




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Posted in branding, Innerwear, readymade brands, textiles | No comments

Sunday, 11 December 2005

Colorplus : consistency pays

Posted on 20:17 by Unknown

Brand : Colorplus

Agency : Rubecon

Company : Raymonds



Colorplus was launched in 1993 by Colorplus Fashions which was a unit of Coimbatore based Ambattur Clothing Limited.

It was launched at a time where no global brands were seriously exploring the Indian market. I would say that no serious branding effort was there in place during that time . The ready to wear segment was in a nascent stage.


Colorplus as a brand now has an iconic status in the readymade segment.The brand which is carefully crafted and brilliantly communicated is the perfect example of brand management.
Rajendra Mudaliar, managing director, and Kailash M Bhatia, CEO has been clear on what the brand is and how this is to be communicated.

In 2003 this brand was acquired by Raymonds. I thought that the communication and brand strategy would change but to my pleasant surprise , it is the same. Thank God...

The brand falls under the Smart casual segment in the ready to wear market with its presence in South and west Asia. In this era of celebrity endorsement , this is a brand which uses no celebrity , and Colorplus is always the star. The brand is exposed through careful media selection and you never see a TVC of this brand. The copy and the layout is ever so consistent and the ads has maitained a classy look throughout its existence.

Seen only in premium publications and business magazines reveals that the brand is clear about the target segment.

Raymonds by acquiring this brand has now entered the premium casual wear segment which is now fast growing. With Parx at the lower end and Colorplus on the premium end, Raymonds is hoping to gain a major foothold in the Indian ready to wear segment in years to come.

Hope Raymonds don't mess up this brand...........
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Posted in branding, iconic brand, readymade brands, textiles | No comments

Friday, 18 November 2005

Raymonds: The complete Man :A complete campaign

Posted on 00:25 by Unknown
Raymonds : Expressions : A Complete man

Headline: Leadership comes naturally to those who do not stand on ceremony.
Subhead: Presenting Expressions

Bodycopy: Fine suiting fabrics that are skillfully woven from a unique blend of fibres derived from nature like Bamboo, Casein, Soyabean, Tencel, Linen, Silk, Cashmere, Mohair and Angora.And super 100s and 120s merino wool. So light, smooth and supple, it's perfect for the gentleman who is at ease with himself and the world.

Baseline: The Complete Man.
Agency: R K Swamy/BBDO
Client: Raymond

Source : Agencyfaqs.com

Brand Count :4


Raymonds has struck a right cord with the positioning of "A complete man". Expressions range however is promoted as an aspirational brand emphasizing on the finer qualities of a complete man. This is a very sound strategy that allows the brand to expand using the core values .

The strategy has been executed perfectly using commercials showing the metrosexual qualities of a man. The current series of print ads tries to add the leadership quality to the complete man.

Raymonds also like not only sober personalities but also dynamic go getters to use the brand. So this range is essentially targetted at young achievers, not necessarily conformists.


Although I have reservations about the quality of print ads, since the brand is in line with the positioning, All is well.....

Key words : Brand, Positioning, Marketing strategy, Indian Brands.
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