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Fashion
becomes pocket friendly PACESETTER
Arun Raghupathy Centrespread Bling it
on
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Fashion becomes
pocket friendly
IT is amusing when celebrated fashion designer Manish Arora makes the statement that his creations are more affordable now. But it is enough to give you the heart to at least check out a beautifully embroidered chauridaar suit, admire the genius in him and most importantly flip the price tag attached to it. What glares back are two pairs of zeroes with a humbler two preceding them, read them together and you know a budgeted Manish Arora at Biba stores makes affordability a very subjective term. Yet the concept of designer wear, selling through retail stores, has caught the fancy of fashion followers. It gives some hope to the new-found obsession for fashion of people in India to wear a Manish Arora, to flaunt a Ritu Kumar, to brag about a Wendell Rodricks. If couture introduced Indian fashion to the world, then budget line did it to the people of India. Kick-started by Ritu Kumar, the concept of budget line has been gradually adopted by every designer, who understands the potential of the great Indian middle class. The popularity of brands like Zara and Mango is another reason why fashion designers are compromising on prices. In fact, they are doing much more than just tying up with retail stores that enjoy a bigger footfall. Gaurav Jai Gupta of Akaaro says that unlike the West or Middle East, it’s the pr`EAt line that clears the shelf at a faster rate than couture in India. "How many people in India can spare a few lakhs of rupees on a single piece of couture? Instead, offer them a pr`EAt or anything that is reasonably priced and a 100 pieces will sell off in a no time." To cater the options for the middle-class, he has come up with a shirt-line ranging between Rs 4,000-Rs 16,000, his definition of value for money. The budget line or a reasonably-priced-segment of pret, as the designers say, is the natural progression towards expensive and exclusive couture. It introduces people to luxe. Sabyasachi launched a budget line in 2010, which sufficed two purposes, first, it provided financial support to the traditional weavers of Murshidabad, and second the price range began from Rs 3,500, making it possible for a lot more women to afford a Sabyasachi. Then there is a fashion designer like Shyam Narayan Prasad also, who never ventured into the couture segment, instead he kept himself busy making clothes for a bigger clientele base. "I targeted a market that had a lot of scope to grow." He realised that there are takers of bespoke fashion but not all can shell out a lot of money. "Nothing can ensure that than a budgeted line," says the Delhi-based designer, who only focuses on ethnic wear. With his extremely popular works and a huge client base, no wonder he hasn’t really felt the need to publicise his label. Word of mouth does it all. Designer Rahul Mishra went a step ahead. He successfully tied up with Westside with the brand name ‘Rahul Mishra for Westside' two years ago. Beginning from Rs 2,600, it went up to Rs 5,000. "The best part of the collaboration was that the whole slot was sold off in no time. Interestingly, not a single piece was left for the end-of-season-sale," informs Rahul. Next on the cards is a tie-up with another retail brand, Pantaloon, the pricing this time will be more buyer friendly — between Rs 700 and Rs 2,600. "Offer people tasteful designs at the price they will not mind and there’s no better way of promoting yourself. Also, a budget line can be done in huge volumes, which means that a larger number of people will be able to wear my label." For the latter deal, 40,000 pieces will be brought out in the markets. The last season of Blenders Pride Fashion tour was utilised by Raghavendra Rathore to promote his new venture — Club J, which he describes as his, "True blue pr`EAt collection." It largely comprises denims, on which he and his team experimented optimally. It begins from a humble Rs2,000 and goes up to Rs 15,000. The parent label, RR (Raghavendra Rathore) is not only different in terms of design, also in pricing, which can be pretty high. Talking about his budget line, Rathore says,"People aspire to dress up well, to be able to wear designer clothes. It can only be made possible if the pricing is nominal." He is planning to come up with a slew of Club J stores in India. The cue of the business model, he says, has been taken from Donna Karen’s parent label and the retail label, DKNY, which was also the training ground for Raghavendra in New York. "It’s imperative to understand the future of retail in India, which is only possible with the budget line," adds Raghavendra. But all said and done, fashion designers have to very carefully weigh the pros and cons before they move towards the budget segment. As Manidra Wirk says, "Zara or Tommy Hilfiger can afford it because they come up with bulk collections. In our case, the selling point of clothes is our exclusivity. The question is — will we be able to bear the spiralling overhead charges, while compromising on the price." She, too, has collaborated with Westside in the past, as has Wendell Rodricks. And the list is getting bigger with big names from the industry.
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PACESETTER
Arun Raghupathy
AN IIT-Chennai graduate in electronics and communication, a Ph.D. in electrical engineering from the University of Maryland and a proud owner of six patents, Arun Raghupathy joined the work force when when wireless communication was on the upswing. He got the opportunity to learn and work with some of the finest engineers in the world. After five years in that job, he decided to relocate to India, apprehensive that there won’t be many options. He wanted to be a part of a team developing a complete product and fortunately got the right opening to lead a team and derive the satisfaction of building something that was unique in India at that time, (end-to-end chipset development). But he realised that Indian offices were basically functioning like mere cost centres. This mindset meant that the product ideas and control were dictated from the main office based in US. For a person with burning desire to create something worthwhile, it was frustrating to just manage people and not get the tools to make a significant difference by creating a new product. Arun happened to meet Ganesh, an old acquaintance, who was looking to start a company with his friend Subbu in the area of location technology. It so turned out that the problem Arun wanted to work on (and knew there would be a market for), that is solving the indoor location problem where GPS does not work in a clean manner from the ground up, was the problem Ganesh and Subbu too wanted to pursue. There was no looking back after that. They joined hands in January 2009 to create NextNav. Funding in January 2010 ensured continuation of the project. NextNav is committed to provide a location technology complementary to GPS that works where GPS does not work well. Specifically using a terrestrial network, NextNav's technology would provide high accuracy in urban and indoor environments or where other technologies may not be able to provide a position estimate. It is expected that NextNav technology would enable pin-pointing a user's location not only in the horizontal dimension (latitude/longitude) but also in the vertical dimension (altitude). This technology can be life-saving by helping safety agencies to quickly locate a person's mobile phone in case of an emergency call. It is expected that this cutting-edge technology would be available in the US in mobile phones within a couple of years and worldwide in a five-year time horizon. Arun shares his tips for start-ups. "The motivating factor that keeps one in the game is the ability to make an impact through a product/concept. Even if the venture fails, the learning is immense since it involves converting a concept into a product. In a large company, you see only a part of the problem and you are only a part of the solution. For entrepreneurs, it is important to accept failure, a tough decision, and see the writing on the wall." |
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CENTRESPREAD Despite her busy schedule, there’s one chore that channel producer Amrita Ranjan never forgets. After dinner, she checks on the small pedometer, which has been unobtrusively strapped to her clothing to find out how many steps she’s walked or run in the gym during the entire day. If the number is less than 10,000, she goes for a brisk walk with her husband to make up for the deficit. According to Dr Mehmut Oz, one of the world’s leading fitness authorities, a person’s wellness journey begins by walking or running 10,000 steps a day — that’s roughly the equivalent of 8 km. And it is gadgets like the pedometer that aid health enthusiasts to measure up their physical well-being. The age of fitness is dawning upon us well and proper. Gyms have sprung up in all cities, towns, and even rural areas. Young men and women keen to live a healthy life are notching up regimens of cardio training, body toning, strength building and conditioning for a daily dose of vim and vigour. They are making a serious commitment to health, cutting out junk food, and re-wiring the way they think about diet and exercise. Innovative contraptions Aiding them in their wellness endeavour are innovative contraptions that count their intensity levels, monitor their heart beats, add up their calories, record their pulse rate and even help them keep their iPods and smartphones sweat-free by strapping them to their arm when they are working out. Most of these contraptions can be hooked to wrists, legs, belts, ties and other clothing for best results. At the 2013 Consumer Electronics Show in Los Angeles — the world’s largest exhibition of smart electronic appliances — the dominant theme was innovative fitness contraptions that promise to change your life for the better. For example, on display were special battery-operated forks that start to vibrate when you go for a second helping. Then, there were wrist-borne fitness trackers with LEDs to display health goals achieved. Measuring vital signs The star of the show was the Scanadu Scout that measures vital signs like heart rate, temperature, blood oxygenation and electrical heart activity. The device can be held easily between the finger and the thumb. Just holding it up to the temple is enough to get a reading and send it via bluetooth to your doctor’s smartphone. Apart from gadgets for the gym, the fitness market is also brimming with mini-computers and hand-held devices that promise to monitor your progress out in the open. There are jogging companions that track distance, duration, pace, speed, elevation and calories burned. There are devices that fit into a pair of compatible running shoes which record up to eight hours of data relating to running speed, acceleration, distance travelled and pace. Then, there are new and innovative GPS apparatus equipped with base-maps and other navigational data to guide you when you are bicycling in the great outdoors. These help biking enthusiasts map their trips, record speed, time, distance and temperature and help them stay connected with the world. Multi-sport monitors There are multi-sport heart-rate monitors that provide metrics for swimming and other water-based sports like aqua aerobics and water polo. Innovative new swimming goggles that have the ability to directly keep check on the person’s heart rate in the middle of any swimming exercise as also track the amount of calories burnt after every lap. There are integrated health systems for home that allow you to use gadgets like pedometers and blood-monitoring devices, and then, send the readings that are taken throughout the day to a personal trainer or a dedicated health portal where users can analyse their training regimen and then make course corrections. Magic bullets However, warns fitness trainer Vishal Patra, "Fitness gadgets are not going to help if you don’t sweat it out at home, in a gym or out there in the park. They are just a means to an end and will help you regulate and monitor your level of training. People who think they will be on the path of fitness by merely possessing them are deluding themselves. These are not magic bullets. You will have to create your own magic with intense training and a healthy diet." But, at the same time that doesn’t mean that these gadgets are worthless. They play a very vital role in the regimen of a serious fitness devotee. They are his or her little friends that work away quietly like a personal lab monitoring racing hearts, flowing sweat and muscle burn even as the body huffs and puffs for those Greek God looks.
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