IMC Toys’ Post

Zudio!, a clothing retail chain by Trent Limited (a Tata subsidiary), exemplifies the power of understanding your target market. Offering a diverse range, all priced under ₹1000, from jackets to shoes and denims, Zudio has seen remarkable growth.🔥 From ₹144 Crore revenue in 2018 to ₹3252 Crore in 2023 (an 87% CAGR growth), and expanding from 7 to 352 stores nationwide (a 119% CAGR growth), Zudio is setting benchmarks in the industry. 📈 What's impressive? Zero ad spending. Zudio thrives on word of mouth, proving that understanding your audience and delivering quality speaks louder than advertising. A game-changer in retail! ✅ I'm a fan of Zudio's quality and affordable prices. They've successfully carved a niche among "Youth" , providing the latest fashion without breaking the bank, outshining competitors like MAX Fashion Limited.🤜🏻🤛🏻 Zudio's success isn't just about products; it's a testament to the right market mix. Remarkably, they rely on word of mouth instead of heavy advertising, a strategy that has propelled them to the forefront of the industry. Kudos to Zudio for redefining the rules of retail! #Zudio #RetailSuccess #MarketInsights

Toy trends? Check this article Article is to show a landscape of the different markets represented at ITMA, and that is why we would need all the members to answer the following questionnaire:   #MANUFACTURERS - What strategies are toy manufacturers following in your country?   #RETAIL - What distinguishes toy retailers in your country? - What do you think are the main challenges that toy retailers are facing in your country?   #CONSUMER - Do you think toy consumption habits are changing? In what way? - What characteristics define the consumer (children) and the buyer (families) in your market?

How do we have self-driving cars, but not clothes that fit? Somehow, whenever you buy clothes online it never fits just right. It's always too long/ too short, doesn’t fit your waist, your bust, your butt... It’s beyond frustrating! Apparel should fit like a glove when it's delivered to your door. Well, good news! Atelier Society just launched an app TODAY that solves this problem BEFORE delivery. We call it Shop. Click. Tailored. Our app integrates with your favorite retail shops, identifying fit issues before checkout resolving fit issues BEFORE delivery. How this works: you take two pictures of yourself (3D bodyscan)→ our tech identifies your perfect size how the apparel will fit you → you check out → our tailors customize the apparel to your body, resolving fit issues→ item is delivered to your door. You never have to leave the house. It’s that simple. What do we need? Feedback. Reply below for the stores you want to Atelier Society added to.  Also please feel free to test our app here (https://lnkd.in/e7Gmhu93). #FashionTech #FitTech #StartupLaunch #RetailInnovation #TailoredFit #EcommerceSolutions #AppLaunch #FashionStartup #3DScanning #RetailTech #OnlineShopping #CustomerExperience #SustainableFashion

🇪🇸 Barbie has reached $1 billion at the box office and continues to maintain a strong presence across social media and the press. It's evident that the doll’s brand owner, Mattel, stands to benefit from this situation. However, which other stocks might also profit from the movie’s success? Forbes Spain has published the selections and arguments from our Investment Research Department. 1️⃣ Warner Bros. Discovery (WBD) — the studio continues to experience a decline in EBITDA to $0.6 billion (-25% YoY) in the last quarter. However, there are signs that management's effective cost optimization measures are successfully addressing the challenges, and it is likely that second-quarter 2023 results could improve as the strong results of the Barbie movie are reflected in the third quarter of 2023. 2️⃣ Gap (GPS) — first-quarter results for the company were better than expected, and GPS is sticking to its FY24 sales guidance. Old Navy, the flagship brand management, is expected to start improving with wider assortments and increased market share for women's and children's clothing. Moreover, the hype around Barbie could further boost sales because GPS sells the movie’s merchandise. Analysts suppose that GPS could grow profits by 30% a year over the medium term. Read the article in Spanish at the link below. #freedom24com #barbie #freedomfinanceeurope #media #forbesspain * Your Capital is at risk. The forecasts and past performance are not reliable indicators of future performance. It is essential to do your own analysis before making any investment. If needed, you should carefully seek independent investment advice from a certified professional.

An Engineer being on the OTHER SIDE! Today I was at the Lenskart store to purchase the trending white goggle for me. For anybody who has not been to Lenskart offline store, they do the booking for any purchase via online app only. With Sunday evening, the Lenskart store was heavily crowded(feel the reason being trendy glasses with lesser price and offers), the Lenskart staff was unable to do the booking order as the Lenskart portal started throwing "502 Bad gateway". Even after multiple retries, it was unsuccessful. The staff said during sunday evenings with heavy booking, they face such issues and it will go away after sometime. One of the staff also tried switching the network of the device to a mobile hotspot :D and tried. After 15 minutes of retries, frustrated me gave up and told them to do the booking after this is resolved and send me the payment link. At that moment, I faced a terrible user experience and a realization hit me. I was able to empathize more with the customers of the products I have and had worked on who faced/faces such errors giving them the worst user experience as well as business impact. Nowadays, It's not just solving a problem for the customer with a solution anymore but with more nuanced quality solutions with highest User experience and business enablement at scale. We engineers are in a place to do something about it to fix such errors and make these moments a way better one for our customers than the one I faced today! #engineering #software #product

How did Zudio become the most adored fashion Retail chain amongst GenZ, Common people? ..... Zudio, the Tata group's fashion retail venture, has become the most adored brand in the industry, winning over both Gen Z and the general public. And the secret to their success? The company has a product range from 99 to 999 exclusively and spends no money on marketing. Zudio has become a case study for major retail chains by following the simple yet effective funda: "Be fearful when others are greedy, and be greedy when others are fearful." Zudio caters to the mass while the industry caters to the niche. In addition, Zudio has implemented a clever FOCO idea (franchisee-owned, company-operated), which reduces capital expenditures, and their inventory FIFO (freshness) approach is fantastic. They rotate the stock every 10-15 days to keep luring customers. It's no wonder Zudio has become a game-changer in the fashion retail industry! #Zudio #Trent #Tata #Retailing #Retail #Retailindustry

Peru’s Falabella Retail has innovated their brand appeal & taken a strong step into the 21st century using HYPERVSN technology. 🚀 Working with SmartCorp Peru Group, they’ve deployed the HYPERVSN SmartV Holographic Human solution across 2 of their stores (so far), bringing to life their mannequins to showcase the movement of their clothing designs, and create lasting and powerful impressions on their customers. These holographic models are a first for the area, and while there aren’t many examples of this sort of phygital innovation across the industry, with successes like this, we are sure there will be many more to come! Discover this use case: https://lnkd.in/eGafM_kD #hypervsn #holograms #holographic #phygital #retail #experientialretail #retailexperience #customerexperience #futureofretail #retailinnovation #retailmarketing #retailtech #retailtechnology #avtech #avtweeps

🚀Exciting News! Blinkit has joined forces with Lenskart to deliver sunglasses and their Hustlr range (Computer Glasses) in just 10 minutes!🕒 🔥This collaboration is the latest talk of the town, with Blinkit's instant delivery services already offering PlayStation 5 and fans. Now, Lenskart products will be added to the mix, bringing a new level of efficiency to the eyewear industry. 🤩Blinkit's CEO, Albinder Dhindsa Dhindsa, shared the news on Twitter, accompanied by a photo of him with Peyush Bansal the CEO of Lenskart.com Dhindsa expressed his curiosity to see how Hustlr will evolve as a brand, sparking excitement and anticipation among netizens. 💡As the world of e-commerce evolves, quick commerce is taking center stage, with Blinkit leading the charge. Soon, prescription glasses in just 10 minutes or even half an hour could become a reality! 🤝This partnership is a game-changer, bringing convenience and value to customers' experiences. Let's see how this collaboration shapes the future of the eyewear and quick commerce industries! #Blinkit #Lenskart #QuickCommerce #Innovation #Eyewear #Collaboration #10MinutesDelivery #Hustlr #ComputerGlasses #Sunglasses #Ecommerce #FutureOfRetail #Efficiency #CustomerExperience #GameChanger