Femina flaunts partnership with Shoppers Stop

06 Aug,2015

By A Correspondent

 

Pardon the forced use of the word flaunt. But the occasion demanded it. Shoppers Stop and Bennett, Coleman & Co. Ltd. (BCCL) announced a strategic partnership to extend Femina, one of BCCL’s flagship brands, into the consumer products space. As part of this unique ‘co-create and co-own’ partnership, BCCL will license ‘Femina Flaunt’ to Shoppers Stop, to design, develop, and retail the brand, exclusively across Shoppers Stop stores, in the core fashion categories – apparel, footwear, accessories and bags. Flaunt is the retail identity developed by BCCL for Femina.

 

Vineet Jain

Commenting on the partnership, Vineet Jain, Managing Director – BCCL, said, “This is in line with our brand extension strategy to partner with the best-in-class players to unlock immense hidden value in many of our marquee brands. As a group, we’ve always been ahead on the innovation curve, and this partnership is another such example.”

Govind Shrikhande, Customer Care Associate & Managing Director, Shoppers Stop Ltd. added “In line with our brand philosophy of ‘Start Something New’, we have embarked on a new partnership with the BCCL group to launch ‘Femina Flaunt’ in our stores.  The premium positioning of this brand fits seamlessly into our diverse portfolio of premium brands. We are positive that ‘Femina Flaunt’ will be a huge success with our discerning customers.”

The ‘Femina Flaunt’ range will be retailed exclusively through 300-400 sq feet of dedicated shop-in-shop space, within Shoppers Stop stores. The range will be launched in the Fall-Winter season this year, and will be available across 20 Shoppers Stop stores to begin with, and going upto 50 stores by year-3.

 

‘Femina Flaunt’ range is being developed for the premium space, targeting today’s urban, independent, progressive and discerning woman, who is 25-35 yrs old, working and residing in the top 25 cities.

 

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