Академический Документы
Профессиональный Документы
Культура Документы
Submitted By
VIPUL BHATIA
This is to certify that this project report titled Core Revamp In Formal Shirts Business
(Peter England) is based on Vipul Bhatias original research work conducted under the
guidance of Mrs. Kavita Pathare towards partial fulfilment of the requirement for award of
the Bachelors Degree in Fashion Technology (Apparel Production), of the National Institute
Of Fashion Technology, Mumbai.
No part of this work has been copied from any other source. Material, wherever borrowed
Date:
Vipul Bhatia
NIFT-Mumbai NIFT-Mumbai
Acknowledgements
I would like to thank National Institute Of Fashion Technology and Madura Fashion and
Lifestyle, for giving me the opportunity to take up my Graduation Project in the product
department of Peter England, and to work on the project of core revampi in formal shirts
business.
Foremost, I would like to thank my mentors at NIFT; Ms. Kavita Pathare my project
guide and my CC- Mr. Ranjan Saha, for giving their invaluable feedback and guidance on
this project throughout my internship. This could not have been achieved without their
support.
I would also attribute the success of this project to Mr Pankaj Keyal, my mentor at Madura
Fashion and Lifestyle, for his continued support throughout, along with providing me with
such a great learning experience. It was a great learning experience throughout to see one of
the most well-planned and advanced apparel brands in the country along with being able to
work on a live project, that very few have the opportunity to do.
Lastly, I take the opportunity to thank all the people who guided me through the entire
process, my faculties at NIFT and fellow students who have imparted the necessary
knowledge and skills that I required to complete my Graduation project.
- Vipul Bhatia
TABLE OF CONTENTS
S.No Topic Page No
1.0 Research Proposal 1
1.1 Primary Objective 11
1.2 Sub-Objectives 1
1.3 Business Impact of the project 1
1.4 Location of work 1
1.5 Expected Learning 1
2. Introdcution 2
2.1 Background 2
3. Company Profile 3
3.1 Louis Philippe 4
3.2 Van Heusen 5
3.3 Allen Solly 6
3.4 People 7
3.5 Retail Chain 8
3.5.1 Planet Fashion 8
3.5.2 The Collective 9
4.0 Peter England 11
4.1 Sub Brands 11
4.2 Product Mix 11
4.3 PE Channels 13
5.0 Review of Literature 16
5.1 Introduction 16
5.2 Apparel Market Size in India 16
5.3 Market Structure 17
5.4 The key players in the apparel retail market 18
5.5 Benchmarking 19
5.5.1 Importance of Benchmarking 20
5.5.2 Benchmarking Process Model 21
5.5.3 Types of Benchmarking 22
5.5.4 SOP of Benchmarking 23
5.6 GBB-Good Better Best Philosophy 24
6.0 Methodology 24
6.1 Introduction 25
6.2 Peter England Core Business Calendar 27
6.3 Identification of Competitive Brands 29
6.4 Identification of Factors for Product Benchmarking 29
7. Competition Mapping of Brands Selected for 30
Benchmarking
7.1 Competition Mapping for Peter England core 30
7.1.1 John Miller
7.1.2 Oxemberg 31
7.1.3 Turtle 32
7.2 Competition Mapping for Peter England Elite core 33
7.2.1 Park Avenue 33
7.2.2 Lombard 34
8. Analysis of Competitive Brands 35
8.1 Peter England Competitive Brand Analysis 36
8.2 Peter England Elite Competitive Brand Analysis 40
9. Option Plan 42
9.1 Peter England 42
9.2 Peter England Elite 44
10. Conclusion 45
10.1 Suggestions 45
10.2 Limitations 45
11. References 46
1. Research Proposal
1.2 Sub-Objectives
Study the role of Core Category.
Analyze past sales data and identify items to be discontinued
Analyze rival brands core offering to identify gaps in the current Peter Englands
core offering
Study the Core business calendar at Peter England
Rationalize the range such that it satisfies the GBB philosophy.
1|Page
2. Introduction
2.1 Background
The graduation research project: Core Revamp in Formal Shirts Business at Madura
Fashion and Lifestyle.
Madura Fashion and Lifestyle (MFL), which is a part of the Aditya Birla Nuvo Ltd,
comprises of many successful apparel brands namely Louis Phillippe, Van Huesen, Allen
Solly, Peter England and People. These brands are licensed and solely managed by MFL. The
financials, merchandise, growth and outlook of the brands in India are the property of MFL.
Fashion garments are broadly divided into two categories: Core and Non-Core. Non-core
merchandise is seasonal and is kept in stores only for a particular season. Merchandise that is
used in collections season after season and has a more stable sell through is added to the core
collection. Core merchandise is classic in nature and the demand for such styles is always
high. So, the brand has to ensure that such merchandise is available in the stores at all time.
The replenishment of core merchandise is done on monthly basis which is in contrast to the
non-core merchandise which is delivered to the store once in a season.
Core merchandise is a relatively stable business entity for any retail brand because, core does
not undergo major changes season wise. The merchandise remains constant and production is
also stable.
In Peter England, core shirts business contribution to the entire business is 30%. So to
maintain the standard of core collection, the following project will try to benchmark Peter
England core against the rival brands via different factors like: product range, fabric, price,
pattern, color etc.
2|Page
3. Company Profile
Madura Fashion & Lifestyle, a division of Aditya Birla Nuvo Ltd, is one of Indias fastest
growing branded apparel companies and a premium lifestyle player in the retail sector. After
consolidating its market leadership with its own brands, it introduced premier international
labels, enabling Indian consumers to buy the most prestigious global fashion wear and
accessories within the country.
The companys brand portfolio includes product lines that range from affordable and mass-
market to luxurious, high-end style and cater to every age group, from children and youth to
men and women. Madura Fashion & Lifestyle is defined by its brands Louis Philippe, Van
Heusen, Allen Solly, Peter England and People - that personify style, attitude, luxury and
comfort.
Madura Fashion & Lifestyle reaches its discerning customers through an exclusive network
comprising 1,599 stores, covering 2.2 million sq ft of retail space, and is present in more than
1,500 premium multi-brand stores and 320+ departmental stores.
The company's lifestyle store, The Collective, offers a unique blend of global fashions,
international trends and innovative customer services, to customers.
Madura Fashion & Lifestyle marked its foray into the luxury mono brand business in India
by launching the quintessential British men's luxury clothing and accessories brand Hackett
London through a joint venture with the UK firm.
3|Page
3.1 Louis Philippe
Louis Philippe, synonymous with premium, international mens fashion, was launched in
India in 1989. The brand celebrate the sophistication of the Indian gentleman, Louis Philippe
garments establish that their wearer is a man of infallible taste and class. The brands Franco-
Italian lineage, combined with its focus on global fashion gives it indisputable premium and
an exclusive image. Today, Louis Philippe is a brand leader in formal and quasi-formal wear.
Louis Philippe symbolizes elegance, class, status, and a lifestyle that is distinctly majestic and
opulent. The brand draws its name and inspiration from King Louis Philippe of France, who
was famed for his generosity of spirit and his appreciation of the arts.
From its inception, Louis Philippe has been seen as the purveyor of fine clothing for the
discerning European gentleman. Garments under this label combined the finest fabrics with
designs inspired by the latest global trends, addressing the needs of the style-conscious
contemporary male. The international super brand offers elegant ensembles for the new
Indian man. The entire range of formals, semi-formals, knits, custom-made apparel, and
accessories is inspired by the latest European fashion trends.
Louis Philippe also launched sub-brands including LP and Luxure. LP by Louis Philippe has
an exciting range of shirts, trousers, T-shirts, suits, jackets and accessories to put together a
youthful wardrobe. Louis Philippe recently made a foray into the footwear segment.
4|Page
3.2 Van Heusen
Launched in India in 1990, Van Heusen is yet another success story from the Madura Fashion
& Lifestyle stable. The brand operates under license to Madura Fashion & Lifestyle in India
and South East Asia. A premium lifestyle brand, Van Heusen assiduously follows the
company mandate; fashion for the corporate world. The brands target audience is the
successful, sophisticated, erudite, multi-faceted professional.
Van Heusens sport-inspired casual wear Van Heusen Sport adds a dash of fashionable
modernity to the iconic 60s Ivy League day chic look. The line is made up of soft shirts,
fine-knits, laundered chinos and easy-to-wear semi-lined jackets in exceptional washes
designed to give you a drape quite unlike anything. The range features fine sporting elements
that elegantly round off the sporty look. Impeccably crafted inside out, these garments are
designed to look as good as new even after repeated wearing and washes
The Van Heusen range is modern, minimalistic and timeless. It is distinguished by its high
quality, and its relevance to the times, neither too edgy nor too futuristic. Van Heusen aims to
be a complete lifestyle brand.
5|Page
3.3 Allen Solly
The brand has ensured that its range of products is stylish, fashionable and sufficiently casual
i.e. work appropriate. This is clearly aimed at young professionals/entrepreneurs who are
ahead of the curve, open to experiments and believe in looking distinct.
The brands vision is to lighten up the workplace through a whole new range of preppy work
casuals in bold colors, innovative fabric and young fits. Not only do these garments
individually brighten up the work environment, but they also lend themselves to lateral
coordination with each other, and the impact of the sum is greater than the individual parts.
6|Page
3.4 People
People was launched in 2008 as a fashion wear brand offering international and fusion styles
to the family at an affordable price. Originally part of the popular Peter England brand, it
broke away to develop its own distinct identity in 2009.
People is a complete brand offering proprietary prints, designs and fits. Its merchandise is
not only functional, but universally appealing with trendy cuts and styles. The product line is
characterized by a spirit that fuses local nuances with international style, creating an attitude
that is as at home on the street as it would be on a ramp.
7|Page
3.5 Retail Chain
In 2001, Madura Fashion & Lifestyle envisioned providing a unique shopping experience to
delight its customers. Soon, the company opened a distinct, specialty menswear showroom at
Commercial Street in Bangalore. The thinking behind the store was to provide a superior
retail experience and offer men a one-stop destination for all their apparel needs. The apparel-
retailing arm of the company, Planet Fashion, houses leading in-house brands such as Louis
Philippe, Van Heusen, Peter England, and Allen Solly. In order to pursue its intention of
providing a complete wardrobe solution to its customers, Planet Fashion has been looking at
brands beyond the Madura Fashion & Lifestyle stable. Recognizing the need for brand names
in winter wear, inner wear, and denims, it introduced Monte Carlo, Jockey and Levis in
select stores. Realizing that wedding apparel for men was a huge untapped market, Planet
Fashion also tied up with Manyawar for its range of ethnic menswear.
To drive its growth objective, it has launched a new format of store christened - Planet
Fashion Grande, which is for both men and women and offers a large section for the growing
accessories market. The first Planet Fashion Grande store opened at Indiranagar, Bangalore in
December 2011. Planet Fashion has ensured that no stone is left unturned to create a store
that truly lives up to its name. The store has been designed by Blocher Partners, an
internationally renowned German architectural firm, renowned for having designed stores for
Hugo Boss, Porsche Design and their likes across the world. The visual language for the store
has been put together by Liga Nova, which is an international brand retail company
specializing in visual merchandising.
8|Page
The new store showcases select international brands such as Calvin Klein, Nautica, Esprit
and EDC. It is also the ultimate destination for those looking for a male wedding trousseau.
The store features the largest collection of designer sherwanis and wedding accessories.
Planet Fashion, currently, has presence in more than 50 towns across India, with more than
100+ stores, with an annual walk in of more than one million customers. Its winning retail
model has experienced success both in premium high streets like South Extension and
Connaught Place, as well as smaller towns like Udupi and Dehradun. The average store size
varies from 2500 - 7000 sq feet, depending upon the location.
The Collective is a super-premium lifestyle retail chain by Madura Fashion & Lifestyle, a
division of Aditya Birla Nuvo. A first-of-its-kind retail concept, the store has seen a host of
international apparel and accessory brands making a foray into the country for the first time.
Offering International brands with its unique point of view, The Collective is positioned as
the aspirational brand for the discerning Indian. The Collective continually provides product
and service excellence that helps educate, update and shape the wardrobe of the urban Indian.
Staying true to the promise of 'Expect the unexpected', The Collective has now also forayed
into women's wear with apparel and accessories from brands such as Juicy Couture, Michael
Kors, D&G, True Religion, Lulu Guinness, to name a few.
Needless to say, the collection at the store promises women their own place and the best in
fashion for their wardrobes - from sensual dresses to tops that take women from the lounge to
the red carpet.
9|Page
The Collective is a complete lifestyle store with a combination of apparel, accessories, made-
to-measure services, product care services and lifestyle services. Apparel covers wardrobe
needs from formal to semi-formal to casual to denim to active and includes names such as
Armani Collezioni, Versace Collection, Simon Carter, Lagerfeld, D & G, Hackett, and Fred
Perry.
Made-to-measure (M2M) services will offer leading Savile Row brands such as Richard
James and Rafaelle Caruso. M2M service and Su Misura by Armani Collezioni are available
exclusively at The Collective. In addition, The Collective completes your shopping
experience with a hands-on-approach. With the Personal Shopping Service, the store helps
the customer pick the best look, colour, style and product offering, on prior appointment.
Every sales associate at the store is the customer's personal stylist, thus indulging the
discerning man or woman in the best while ensuring that the look is his/hers to own. The
Collective is also the first retail store to offer product care and specialised dry cleaning
services to its customers by our partners Aakash in Bangalore and Mumbai and Guardini in
Delhi.
10 | P a g e
4.0 Peter England
Product mix of Peter England includes shirts, trousers, suits, blazers and accessories for daily
wear and occasions.
1. PE Main Line
2. Elite
3. Sport
4. PE Work Casuals
5. PE Jeans
6. Ethnic wear
7. Accessories
1. PE Main Line
a. Formal Shirts
b. Formal Trousers
c. Formal Suits
11 | P a g e
d. Formal Blazers
2. Elite
a. Elite Shirts
b. Elite Trousers
c. Elite Suits
d. Elite Blazers
3. Sport
a. Sports Shirts
b. Sport Trousers
c. Sport T-shirts
d. Sport Suits
e. Sport Blazers
f. Sport Sweaters
4. PE Work Casuals
a. Casual Shirts
b. Casual Trousers
c. Casual T-shirts
d. Casual Jackets
e. Casual Sweaters
5. PE Jeans
a. PE Jeans Shirts
b. PE Jeans Trousers
c. PE Jeans Denims
d. PE Jeans T-shirt
e. PE Jeans Jacket
f. PE Jeans Sweater
6. PE Ethnic
a. Indo-western Kurtas
b. Ethnic Bottoms
12 | P a g e
c. Pyjama
d. Dupatta/ Safa
7. Accessories
a. Ties
b. Belts
c. Wallets
d. Inner Wear
e. Sun glasses
f. Cravats/ Pocket Square/ Cufflinks
4.3 PE Channels
Peter England being the largest menswear wear brand in India has the following channels of
sales:
1. Retail
Under this channel here are 350 company owned stores. There are also franchise retailers
under this channel. Stocks are transferred to them by the company and liability of inventory is
with the company.
Stock for this channel is selected by the companys internal team at the trade show.
2. Trade
Trade channels comprise of distributors and retailers that are not owned by the company.
Distributors buy stock from the company and divide it amongst retailers. These retailers may
be dedicated retailers or buy and sell (BnS) stores.
There are about 320 BnS stores of PE in India. Distributors and retailers of under this channel
are invited to the trade show to book their orders.
3. Departmental Store
13 | P a g e
This channel involves large format stores like Lifestyle and Shoppers Stop. Buyers from
these stores are invited to the trade show and assisted by the internal team in buying.
4. E-commerce
Online retailers like Jabong, Amazon, Myntra are invited to the trade show to book their
orders.
5. Export
Export retailers such as Lulu, Pioneer come to the head office before the trade show to book
their orders.
14 | P a g e
PROJECT TOPIC- CORE REVAMP IN FORMAL SHIRTS
15 | P a g e
5.0 Review of Literature
5.1 Introduction
The Indian Apparel Industry has an overwhelming presence in the economic life of the
country. It is one of the earliest industries to come into existence in the country. The
sector has a unique position as a self-reliant industry, from the production of raw
materials to the delivery of end products, with considerable value-addition at every stage
of processing Apart from providing one of the basic necessities of life, the apparel
industry also plays a pivotal role through its contribution to industrial output, employment
generation, and the export earnings of the country. Currently, it contributes about 14
percent to industrial production, 4 percent to the GDP, and 17 percent to the countrys
export earnings. It provides direct employment to over 35 million people. [1]
Apparel, is the second largest retail category in India. Retail boom in India continues to
stimulate consumer demand for apparels and is estimated to grow at the rate of 12-15 per
cent annually in terms of growth in rupee value. In fact, reflecting the huge opportunity in
this segment, AT Kearney's 'Retail Apparel Index' ranks India as the third most attractive
market for apparel retailers. [2]
The domestic apparel industry in India grew at a CAGR of 9 per cent from Rs.1,360
billion in FY08 to Rs.2,115 billion in FY13. Despite a good monsoon, commodity prices
stayed at elevated levels while high food inflation caused overall inflation to rise
significantly. Furthermore, consumer sentiments also remained muted for the better part
of the year. However, after a lackluster performance in FY13 when the overall exports
16 | P a g e
dipped and the domestic industry grew by 4-5per cent annually to Rs.2,115 billion from
Rs.2,026 billion in FY12, the industry witnessed some respite in FY14 with exports
growing significantly. [3]
1. Segmentation by user category: The domestic apparel industry has 3 segments, viz
Mens wear, Womens wear and Kids wear. Menswear accounts for 40% of the total
market
a.) Mens wear: Mens wear market in India fastest growing apparel segment The
entire apparel industry (2011-12 estimates), including domestic and exports, is pegged
at Rs 3,270 billion and is expected to grow by 11% to Rs 10,320 billion by 2020.
Currently menswear is the major segment of the market (Rs 720 billion) and is
growing at a compounded annual growth rate (CAGR) of 9%. Gucci, Hugo Boss,
Salvatore Ferragamo, Armani, Versace, Brioni, Ermenegildo Zegna, Canali,
Corneliani, Alfred Dunhill, Cadini, are all present in India mens wear market.
b.)Womens wear: Womens formal wear and ethnic wear markets are still ruled by
unorganized players. With more women expected to enter corporate world, both these
segments are good opportunities because of the market size. Historically, the mens
apparel market in India has been significantly larger than the womens apparel
market. With only 20 percent of Indias urban women in the workforce, womens
wardrobes have traditionally been limited to home wear and items for special
occasions. Now, women are more willing to dress differently when they venture
beyond the hometo shop, for example, or visit a school or office.
c.) Kids wear: Kids wear is a major category with few established players viz.,
Lilliput, Gini and Jony, Catmoss, Benetton, Disney, Barbie etc. It still holds a large
opportunity which is clearly untapped. The Indian kids wear retail market is expected
to touch Rs 580 billion by 2014. At present, the size of kids wear market in India is
estimated at about Rs 380 billion.
17 | P a g e
2. Segmentation by Use: A rough estimate of the segmentation by use is depicted in the
pie chart below. Casual apparel dominates and account for more than 50% by value.
Ethnic Formal
5% 15%
Casual
Sports
53%
27%
Source: http://cci.gov.in
3. Segmentation by Price:
a) Low-end market: volume driven, products are mostly unbranded and dominated
by large number of manufacturers, mostly regional or even local players.
b) Mid-range market: quality products. Manufacturers large and medium.
c) High-end market: premium and super premium product categories. Dominated by
MNC and major Indian manufacturers
18 | P a g e
2. Raymond Apparel:
A 100% subsidiary of Raymond Limited, Raymond Apparel Ltd. (RAL) ranks
amongst India's largest and most respected apparel companies. We bring to our
customers the best of fabric and style through some of the countrys most prestigious
brands Raymond Premium Apparel, Park Avenue, Parx and Notting Hill. RAL
entered into the ready-to-wear business with the introduction of Park Avenue in 1986
catering to the men's formal wear market. Parx was launched in 1998 to address the
growing trend of smart casuals. Raymond identified the vacuum for a high end, casual
wear brand and hence decided to acquire ColorPlus as a part of strategic expansion
plan for their ready-to-wear business. Notting Hill was launched in 2007 to cater to
the popular price segment. Crossing the gender divide two of our brands, Park
Avenue launched the Western Women's wear collections. 'Park Avenue Woman'- A
complete range of Premium Business Wear for women is designed especially for the
working women professionals of today.
5.5 Benchmarking
Benchmarking is the process of being updated with what is happening around the brand,
it is the measuring of the products, services and processes against those who are
pioneering in the given field of work. It helps us to obtain necessary information on what
the market is offering and how can an existing company improve on its working
standards, to get closer to the competition. This process can be carried out even if they are
in a different business or have a different or a different set of customers all together.
19 | P a g e
It helps in identifying area, product or process improvement, which could be
Benchmarking helps you and your company to stay ahead of the competition. It is
performed in a way focusing on the key processes of the business. It is healthy for a
20 | P a g e
business to look out for competition in the market or else they lose the competition brands
and quantum leaps in performance take greater period of time to come by. In simpler
terms it helps the business to stay updated as innovation and chane are the two main keys
to survival in a highly competitive world. (O'dell)
Self-assessment
Relative industry position
Optimize performance(financial, customer satisfaction & increased efficiency)
Strategic advantage
(Management Tools of Benchmarking)
Collecting information
o Conduct secondary research(libraries, business journals, experts)
o Identify benchmarking Partners
o Develop data collection strategy
21 | P a g e
Analyzing gaps in performance
o Determine performance gaps
o Identify characteristics of superior performance
Adapting improvements
22 | P a g e
Performance Metrics: Performance metrics give numerical standard against
which a clients own processes can be compared. These metrics are usually
determined via a detailed and carefully analyzed survey or interviews. Clients can
then identify performance gaps, prioritize action items, and then conduct follow-
on studies to determine methods of improvement.
Strategic Benchmarking: Identify the fundamental lessons and winning
strategies that have enabled high performing companies to be successful in their
marketplaces. Strategic benchmarking examines how companies compete and is
ideal for corporations with a long-term perspective. (What Is Benchmarking)
A. Market Analysis
It is very crucial to study a brand from the Retail perspective as there is a strong reason
for the Brands Retail presence. Following are the points to be covered while conducting
the retail study:
Select the best selling stores of the brand across nation after discussing with the
senior management.
Data Collection - Cover the following points in each of the store visited:
a) Total no. of options for the product
b) Color options - classifying according to number of options
c) Fabric options - classifying according to number of options
d) MRP range - classifying according to number of options
e) Best Selling product & its USP
f) Visual Merchandising
23 | P a g e
f) For each of the pointers mentioned in data collection analyse the data and
hence derive to a conclusion / recommendation for each point.
Please Note: For each of the points given above for data analysis, it is mandatory to do a
similar study & analysis for the MFL brand for which the benchmarking is being done.
6.0 Methodology
1) Secondary Research
a. What is core?
b. Core business processes
2) Primary Research
a. Study the present core offering
b. Understand the core business calendar
3) Market research
a. Study the core offerings of competitor brands like Park Avenue, John Player,
Turtle, Lombard etc.
24 | P a g e
b. Identify the differentials in their offerings and analyze their performance.
c. Do a comparative analysis
d. Discuss with the retail, DS team to identify products that could be a part of
PEs core range
e. Do a SWOT analysis
6.1 Introduction
Readymade garments are broadly divided into two categories: Core and Non-Core. Non-core
merchandise is seasonal and is kept in stores only for a particular season. Merchandise that is
used in collections season after season and has a more stable sell through is added to the core
collection. Core merchandise is classic in nature and the demand for such styles is always
high. So, the brand has to ensure that such merchandise is available in the stores at all time.
The replenishment of core merchandise is done on monthly basis which is in contrast to the
non-core merchandise which is delivered to the store once in a season.
Core merchandise is a relatively stable business entity for any retail brand because, core does
not undergo major changes season wise. The merchandise remains constant and production is
also stable.
25 | P a g e
In Peter England, core shirts business contribution to the entire business is 30%. So to
maintain the standard of core collection, the following project will try to benchmark Peter
England core against the rival brands via different factors like: product range, fabric, price,
pattern, color etc.
Benefits of Core:
1) Stable demand
2) Price advantage as core merchandise is never kept in discount so it can be placed at
higher PC/MRP ratio
3) Quick replenishment
1) Peter England
26 | P a g e
2) Elite
Peter England follows monthly core replenishment cycle. Fabric is ordered 3 months in
advance according to the ROS of past 6 months. Demand team gets the order from various
channels and forward it to the supply chain. After deducting the number of pieces available in
the warehouse and in pipeline, supply chain places the order to the manufacturing team.
27 | P a g e
PPO opens
Fabric is ordered 1st of every All channels give
three months in month order confirmation
advance for two months
Based on rate of advance to the
sales of past 6 demand team
months 7th of every month
Demand team
Rate of places the order to
sales data the supply chain
10th of every
month
28 | P a g e
6.3 Identification of the Competitive brands
The benchmarking process of any brand is done against the competitive brands which the
brand and the product range must look closely on to beat the relevant competition in the
market and enhance its brand value in terms of collection offered, price points, fabric, etc.
List down all the brands which cater to the mens wear category.
Select the brands which have the same price range and the target the costumers of the
same age group, as of Peter England. These are the Competitor brands.
Peter England:
John Miller
Oxemberg
Turtle
Park Avenue
Lombard
Key factors of a readymade shirt are taken after discussion with the product team. The
factors for completion mapping are:
Fabric content
Pattern
Price Point
Color
29 | P a g e
7. Competition Mapping of Brands Selected For Benchmarking (Primary Research)
The mapping is done on the basis of the above mentioned factors. The initial phase is
visiting the flagship stores of the various brands selected to study the overall product
offering and identifying gaps. The various factors are studied in each brand and then the
contribution of the overall product offering is calculated at every level.
30 | P a g e
Color wise contribution
7.1.2. Oxemberg
31 | P a g e
Color wise contribution
Black 3.8%
Blue 30.8%
Green 3.8%
Grey 7.7%
Pink 7.7%
Purple 19.2%
Red 19.2%
Yellow 7.7%
Grand Total 100.0%
7.1.3. Turtle
32 | P a g e
Color wise contribution
Black 4%
Blue 25%
Green 4%
Grey 21%
Purple 25%
Yellow 4%
Red 17%
Grand Total 100%
33 | P a g e
Color wise contribution
Black 9.09%
Blue 45.45%
Grey 18.18%
Pink 18.18%
Purple 4.55%
White 4.55%
Grand Total 100.00%
5.2.2 Lombard
Price wise contribution
Black 8%
Blue 31%
Cream 15%
Grey 15%
Purple 8%
34 | P a g e
White 15%
Wine 8%
Grand Total 100%
The final step which helps us to attain a benchmark product mix for the core category is the
analysis of the above competition mapping which helps us to evaluate all the different factors
of the various competitive brands and provide suggestion for Peter England Core range.
Analysis of the competitive brands was done on the basis of the benchmarking factors which
are:
a) Fabric
b) Price
c) Pattern and
d) Color
Method used to analyse the data based on the benchmarking factor was; calculating the
average mean of the respective benchmarked factors from the competitive brands and
comparing it against the Peter England & Peter England Elite core range.
35 | P a g e
8.1 Peter England competitive brands analysis
120%
100% 0% 0%
17%
80% 41%
11%
0%
John Miller Oxemberg Turtle
120%
100% 6%
80%
54% 100% linen
60%
Cotton blend
20% 40%
0%
Average Peter England
Suggestions: Only one brand has added 100% linen shirts to their core range. However,
linen shirts in non-core range are showing good sales growth. So, adding cotton linen to the
core range will help Peter England stay ahead in the competition.
36 | P a g e
Price Analysis
%Age Contribution
899 47.4% 4% 0%
1099 0% 4% 0%
1299 0% 12% 0%
949 8% 1.0%
1099 1% *%
1299 4% 10.9%
37 | P a g e
Pattern Analysis
120%
100% 0% 0%
6% 4% 5%
8%
0%
80%
41%
Structure
60% Stripes
62%
Checks
95%
Solids
40%
53%
20%
27%
0%
John Miller Oxemberg Turtle
120%
100% 2%
6%
80%
35%
Structure
60% Stripes
Checks
40% Solids
58%
20%
0%
Average Peter England
Suggestions:
1) Contribution of checks in the market is much higher than its contribution to the Peter
England core range. So Peter England should add more checks to the core range.
38 | P a g e
2) Oxemberg has added structures to their core range. Peter England should follow the
brand.
Color Analysis
White 5.3% 0% 0%
Green 8% *%
Pink 4% *0%
39 | P a g e
Black 4% *%
White 2% 10%
Yellow 6% %%
Suggestions:
Pattern Analysis
120%
100% 0%
23%
32%
80%
0% Structure
60% Stripes
23%
Checks
40% Solids
77%
20% 46%
0%
Park Avenue Lombard
40 | P a g e
120%
100% 0%
16% 4%
0% 27%
80%
23% Structure
60% Stripes
Checks
40% Solids
62% 69%
20%
0%
Average Peter England Elite
Suggestions:
1) Peter England Elite does not keep structured patterns in its core collection. While 16%
of average market collection contains structured patterns.
Color Analysis
41 | P a g e
Grey 18.2% 15.0%
Black 9% 15%
Red 4% **%
Purple 6% 12%
Pink 9% *%
Beige/Cream 8% 4%
Grey 17% *%
Suggestions:
9. Option Plan
After analysing the data, option plan is created on the basis of average mean calculated from
all the competitive brands. The calculated values represent the share of options available in
the market for the respective brands on the basis of benchmarked factors.
42 | P a g e
1) Fabric content
Cvc 54%
Cotton Linen 6%
2) Price
899 17%
949 8%
999 21%
1099 1%
1199 29%
1299 4%
1399 21%
3) Pattern
Solids 58%
Checks 35%
Stripes 6%
Structures 2%
43 | P a g e
4) Color
Blue 26%
Red 19%
Green 8%
Purple 18%
Grey 13%
Pink 4%
Black 4%
White 2%
Yellow 6%
1) Pattern
Solids 62%
Checks 22.5%
Stripes 0%
Structures 15.5%
44 | P a g e
2) Color
Blue 38%
Black 9%
Red 4%
White 10%
Purple 6%
Pink 9%
Beige/Cream 8%
Grey 17%
10. Conclusion
10.1 Suggestions
Option plan for Peter England and Peter England Elite were formed.
10.2 Limitations
These are the limitations within the project due to constraints of authority and the
organization. These are as follows:
The project is aimed at product and process quality improvement but the only factors
dealt with are the ones identified by the brand.
The benchmark product mix provided by the study is validated only for a year and has
to be updated every alternate season.
45 | P a g e
11. Bibliography
46 | P a g e
12. Annexures
47 | P a g e
Annexure 2: Oxemberg Core Range
48 | P a g e
Annexure 3: Turtle Core Range
49 | P a g e
Annexure 4: Park Avenue Core Range
50 | P a g e
Annexure 5: Lombard Core Range
51 | P a g e
52 | P a g e