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Fab India

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Fab India
STRATEGIC ANALYSIS FABINDIA

Group V: Budhaditya Banerjee Sourabh Dhariwal Tarun Daga Uma Balakrishnan

AGENDA
‡ ‡ ‡ ‡ ‡ ‡ Timeline Fabindia under John Bissell Fabindia under William Bissell Competitor Analysis SWOT Analysis Buying Behaviour and the Way Ahead
± Organic Food ± Apparel ± Home Furnishings & Furniture

‡ Financial Comparisons ‡ Recommendations at a Glance

TIMELINE
FabIndia Indian Economy
Post 47- govt supports socialism & nationalism 1957- Govt sets up KVIC

1960- Incorporation in Delhi 1976- First retail store in GK 1977- Contemporarizes design 1981- Introduction of garments

1990- Fiscal deficit reaches 8.5% 1991- Indian economy opens up

1992- Liaison with Habitat ends 1994-Second store opens in Delhi 1999- William Bissell becomes MD 2003-Vision Plan I originates 2004- Goes online 2006- 8% economic growth 2005- Vision Plan II is born 2006- Garments make 70% revenue 2006- Govt allows foreign single brand outlets

FABINDIA UNDER JOHN BISSELL
‡ Founded by American, John Bissell to:
± Develop market for hand-woven products ± Provide rural employment

‡ Incorporated in 1960 in Delhi to export upholstery fabric ‡ By 1965, revenues of Rs. 2 million due to:
± AS Khera, supplier of hand-woven rugs etc from Panipat ± Habitat, major UK buyer of Fabindia Panipat products

‡ 1974 saw Fabindia s first retail store in Greater Kailash with ad-hoc merchandising ‡ 1977-Featured contemporary design to attract consumers and designers ‡ Garments were introduced in 1980s after John Bissell got khadi shirts made for himself ‡ Habitat was acquired in 1992 and Fabindia could no longer continue selling to it ‡ John Bissell dies in 1998, passing the baton to son William Bissell who becomes MD in 1999

FABINDIA UNDER WILLIAM BISSELL
‡ End of license raj, and liberalization gave textiles duty concessions on machine imports ‡ William s vision included expansion, depending less on exports and setting up retail operations ‡ India saw robust

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