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      28-08-17
Mark + Fold celebrates the power of paper With the Antalis Review Awards 2017 ceremony taking place next month, the company looks back on last year’s awards where the Modern Stationer, Mark + Fold, scooped first place for at ‘Stationery’ category for its range of handmade exercise, stocked in high-end retailers including Harvey Nichols, Oliver Spencer and SCP. With simple aesthetics that place material choice at the heart of design, it’s the carefully selected substrates that are the jewel in the crown of this premium range, the beauty of which captured the Review judge's imagination. “The first exercise book we made was a limited edition for Christmas in 2015 and it sold out so quickly we made more, including a series especially for furniture retailer, SCP using Pop Themed around the ‘Mark Your Mark’ concept, the Antalis Review Awards 2017 ceremony is being held in London on the 21st September.                                                                                                         ChannelInfo / Great Brittain
E-com to give a new face to franchising The Indian franchising industry, estimated at about Rs. 90,000 crore and growing at 25-30 per cent, will take on a new avtaar with the growth of the e-commerce industry. “Franchisees will become consumer delivery points for products and services with the growth of e-retailing,” said Mr. Gaurav Marya, President, Franchise India, an organisation that helps facilitation between franchisors and franchisees. Thanks to e-commerce, companies can now maintain a larger virtual inventory, but will exist in the brick and mortar form (as franchisees) to give the product the touch- and-feel like in the case of jewellery brands, he explained. The franchising industry, driven by the small format retail growth, will also not be impacted by the impending 100 per cent FDI in single brand retail. “Globally, retail has grown through franchising and FDI would only be for big box formats or in the back end,” said Mr. Marya, pointing out that smaller retail outlets are always franchised across the world. Franchising is the most economical form of retailing because of the reach the small format can give brands. Hence, all big brands, would continue to partner with master franchisees to take them to the strategic last mile connect, which is the consumer, he added. A franchised store is about seven per cent more efficient than a company-owned store, has almost zero shrinkage levels, and saves the entrepreneur almost 2 per cent overhead costs in HR, thus impacting sales by eight per cent, according to Mr. Marya.                                                                                                                                         PSS Magazine / India
global
  Make ISPA one of your Favorites and keep up with international news all the time.
E-com to give a new face to franchising The Indian franchising industry, estimated at about Rs. 90,000 crore and growing at 25-30 per cent, will take on a new avtaar with the growth of the e-commerce industry. “Franchisees will become consumer delivery points for products and services with the growth of e-retailing,” said Mr. Gaurav Marya, President, Franchise India, an organisation that helps facilitation between franchisors and franchisees. Thanks to e-commerce, companies can now maintain a larger virtual inventory, but will exist in the brick and mortar form (as franchisees) to give the product the touch-and- feel like in the case of jewellery brands, he explained. The franchising industry, driven by the small format retail growth, will also not be impacted by the impending 100 per cent FDI in single brand retail. “Globally, retail has grown through franchising and FDI would only be for big box formats or in the back end,” said Mr. Marya, pointing out that smaller retail outlets are always franchised across the world. Franchising is the most economical form of retailing because of the reach the small format can give brands. Hence, all big brands, would continue to partner with master franchisees to take them to the strategic last mile connect, which is the consumer, he added. A franchised store is about seven per cent more efficient than a company-owned store, has almost zero shrinkage levels, and saves the entrepreneur almost 2 per cent overhead costs in HR, thus impacting sales by eight per cent, according to Mr. Marya.                                                                                                                                                                                                                                                                                                            PSS Magazine / India
global
To link to all the magazines, click here
E-com to give a new face to franchising The Indian franchising industry, estimated at about Rs. 90,000 crore and growing at 25-30 per cent, will take on a new avtaar with the growth of the e-commerce industry. “Franchisees will become consumer delivery points for products and services with the growth of e-retailing,” said Mr. Gaurav Marya, President, Franchise India, an organisation that helps facilitation between franchisors and franchisees. Thanks to e-commerce, companies can now maintain a larger virtual inventory, but will exist in the brick and mortar form (as franchisees) to give the product the touch-and-feel like in the case of jewellery brands, he explained. The franchising industry, driven by the small format retail growth, will also not be impacted by the impending 100 per cent FDI in single brand retail. “Globally, retail has grown through franchising and FDI would only be for big box formats or in the back end,” said Mr. Marya, pointing out that smaller retail outlets are always franchised across the world. Franchising is the most economical form of retailing because of the reach the small format can give brands. Hence, all big brands, would continue to partner with master franchisees to take them to the strategic last mile connect, which is the consumer, he added. A franchised store is about seven per cent more efficient than a company-owned store, has almost zero shrinkage levels, and saves the entrepreneur almost 2 per cent overhead costs in HR, thus impacting sales by eight per cent, according to Mr. Marya.                                                                                                                          PSS Magazine / India