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BUSINESS
INDIA
Suman
Tarafdar
26
July - 8 August 2010
Paris Couture Week, arguably the world's most prestigious fashion
event, has just got over. The headlines haven't been kind, pointing
out that the Week has been dying a slow death over the past two
decades, as clients move away from the ensembles showcased at
the event. An epitome of customised luxury in its heyday in the
decade following World War II, the event has increasingly become
a place for corporate showcasing of logo-encrusted products as
falling revenues have forced many a couturier to focus on the
less prestigious, but far more financially lucrative, prêt-a-porter.
This is precisely the time that Indian fashion has chosen to
highlight its version of couture by starting not one, but two
couture weeks, making Mumbai and now Delhi only the third and
fourth cities in the world to have couture weeks after Paris and
New York. Almost concurrent to the recent couture week in Delhi
was the Tarun Tahiliani Bridal Couture Exposition. What makes
the Indian 'fash frat' so confident, especially as most openly
admit that they are not as good as their western counterparts
in prêt and have anyway missed that bus as brands such as
Mango, Tommy Hilfiger, FCUK, Promod, Benetton and, of late, Zara
look to capture a major share of the Indian market?
Indian fashion, that oxymoron of a term, is having as busy a
time as it ever has. While leading Indian designers stake their
claim sporadically to global red carpets and irregular clients,
new designers are jostling for space on the runways, even as the
number of weeks has increased manifold over the past two years
till, as some point out, it makes little sense. Critics have dubbed
last fortnight's Couture Week organised by the Fashion Design
Council of India (FDCI) in Delhi as more of a 'bridal' week, given
the preponderance of wedding and related occasion wear therein.
"The purpose of the weeks is not crystal clear," says
Puneet Nanda, design head, Satya Paul label, part of Genesis Colors.
"We are not, as a fraternity, booking orders six months in
advance."
Indian signature
Defining Indian couture is not the easiest of jobs either. "Couture
consists of masterpieces created out of the best quality fabrics,
intricate embroidery and detailing, which is time-consuming is
done to perfection and the Indian touch is omnipresent,"
explains Pradeep Hirani of Kimaya, a couture retail chain, refuting
allegations that it is limited to wedding costumes. "Indian
couture today is exploiting the avant garde classicism of the
past and infusing a contemporary twist to it, thus displaying
a spectacular fashion panorama, which not only echoes the intrinsic
charms of the land, but is also a pleasure to beholders."
Designer Anju Modi points to historical wealth of couture in
India - zari, zardozi, chikankari and many others made specially,
for erstwhile royals. Fellow designer Ritu Kumar explains that
India has always had a tradition of made-to-order, and events
such as couture weeks will help it get more formalised. She admits
that while couture is struggling in the West, as Indians live
larger than life and want to celebrate it, couture has a brighter
future here.
Designer J.J. Valaya, known for his opulence of presentation,
says that Indian couture has carved a distinct identity for itself
and should be recognised as such, stressing on its bespoke nature.
"Couture is not that much of a business proposition as it
is about the romance of it. Each ensemble is a masterpiece, which
sets the trend for the less elaborate collections to the season."
Valaya, however, says it is increasingly becoming a loosely used
word like luxury. "Everybody does great jackets," he
points out, "but only those eight or nine selected names
count as couturiers. Indians who aspire to be couturiers should
be able to work within the 'Indian signature'," he stresses.
Modi agrees, saying that Indians are still colonised in their
mindsets. "Our couture could be global only if we stick to
our core design aesthetics." Prices apparently do not matter
but a starting point of a lakh is what most agree on.
Designer Jaya Rathore, one of the installation designers - among
the seven of the 19 participating designers, who was not on the
ramp, but had an installation in the Delhi Couture Week - stresses
that the most important facet of a couture collection should be
its selectiveness. "The garments should be a limited edition,"
she says, pointing out that the demand for couture will always
be there. Sunil Sethi, president, FDCI, points out that an unbelievable
57 designers applied for the Pearls Couture week. "Even globally,
there are just a handful of couture houses," he says (see
box). He stresses that it would be a mistake to measure Indian
couture with Parisian yardsticks, as Indian couture and fashion
are still in their infancy. "Many started as mom-andpop stores,"
he says, pointing out instead to the enormous talent that these
designers possess.
Volume woes
Worthy words, but even those optimistic about the future of Indian
fashion admit that, despite its deep roots in diverse local textile,
fabric and embroidery traditions, it is failing to live up to
its potential and make its mark on the global fashion arena beyond
the Middle East. While no data is available, experts estimate
the top end of this sector the designers' labels - to be collectively
worth just Rs300-500 crore.
Indian couture represents the top end of the fashion scale, and
also perhaps exemplifies its frailties.
"There is no estimate of the sector's size," admits
Sethi, who points out that few designers are willing to share
their sales figures. FDCI'S plan to commission a study to understand
the sector in India, which has been in cold storage for over half
a decade now, even as internecine rivalry and multiplying weeks
have ensured that "FDCI has become a joke," says Modi,
decrying the insecurity associated with many of her colleagues.
KPMG did a study on the sector in 2003, along with FDCI and predicted
the sector's net worth in a decade would be about Rs.1,000 crore.
Nearing the deadline, not even the most optimistic cite that figure.
The Indian designer markH is a measly 0.3 per cent of the total
branded apparel market, says Hirani, who estimates an annual growth
of 15 per cent with East Asia, the UAE and Europe have large consumption
of Indian designer wear.
That couture is crucial is uncontested. "Couture is experimental,
and allows a designer to design free of the usual considerations,"
says Rathore. Fellow designer Raakesh Agarvwal says, a couture
collection is more of a personal collection. Couture establishes
the designer's brand, which can then be used to develop prêt
lines, which provide the volumes and profits. A distinct brand
can then attract capital, helping the brand grow further, a model
widely followed globally. Therefore, there is also a certain amount
of despair at the competing weeks that are currently on. What
is also uncontested is the desire for Indians to don ethnic wear
for occasions - be it a wedding, a birthday or even a party -
a demand met almost wholly by Indian designers at the moment,
but even here brands such as Armani and Canali have begun to make
forays into the menswear market.
Valaya equates weddings to life blood of the sector. Indians
need to marry more; multiple times perhaps. And attend weddings
of as many people as they can. For that could be a service to
the couturiers.
"Weddings are the main artery as 70-80 per cent of the sales
are related to needs to grow them in India." Designer Pallavi
Jaikishen puts it at an even higher estimate. "As much as
90 per cent of my couture sales are from weddings," she says.
Increasingly, especially after the recent economic downturn in
the West, designers have been forced to look inwards into the
domestic market. Sethi even says the main market is domestic,
not international.
However, designers such as Valaya point out their international
clients. "Eleven first families of the Middle East are my
clients," he says. He launched the Alika jacket at the recent
Week, which introduced a silhouette that will not change over
the years - and something, he hopes, will become iconic over time.
His list of top Indian couturiers who, he estimates, sell about
75 per cent Indian couture include Tarun Tahiliani, Rohit Bal,
Abu-Sandeep and Sabyasachi, besides himself.
The designer, who is opening a 10,000 sq ft store at Delhi's
MG Road later this season, is confident that the market for couture
in India is as large as the ready-to-wear market, and says the
super luxury business in India is thriving and operates at a rarefied
level. Designer Gaurav Gupta points to his clients such as Priya
and Cham Sachde\!: of the TSG group, who are ready to sport experimental
gowns. His solution to growing Indian couture: send a designer
to the Paris Couture Week.
Colour of bottomlines
This sector still needs to grow beyond its minuscule level in
its modern avatar. Even with the obvious given that design is
an extremely individual activity, the Indian fashion sector's
lack of organisation is beginning to affect its growth at this
fairly nascent stage. "Fashion weeks have become less and
less important even in India," says Dilip Kapur of Hidesign,
who points out the almost complete absence of accessories, the
staple of runways and healthy bottomlines for most global brands,
at events such as fashion weeks.
The few attempted tieups with corporate houses, such as Manish
Arora and Reebok, or Narendra Kumar and Banswara Syntex, have
not been seen as successful, while Raymond's venture with designers,
Be: did not quite work out. Some designers have attempted creating
an entire lifestyle brand a la their western counterparts, but
those haven't worked here either. Sethi says production tie-ups
are on the cards, but admits that designers are often unwilling
to let go of control over their labels. Agarvwal points out that
abroad there are tie-ups with corporate houses for even couture
collections, something still to happen here. "I would love
a tie-up," he says.
"A certain amount of corporatisation has to happen,"
says Devangshu Dutta, chief executive, Third Eyesight, a consulting
firm focussing on retail and consumer segments. He points out
that, unlike in the West where even high end markets have significant
volume, and is therefore possible for a designer to carve out
a niche, but the Indian market is small. "Design is our strength,
but we need to augment it with infrastructure, which if the government
does not provide, will come from the private sector." He
sees some movement, but says it could be much faster and needs
co-ordination, which is missing.
Nanda feels the government has to recognise the sector as an
industry and laments the fact few are taking the lead in this
regard.
What has also been in question is the sponsorship at couture
weeks. While the ones in Mumbai were sponsored by HDIL (Housing
Development & Infrastructure Ltd), a listed real estate development
company, the one in Delhi is sponsored by Pearls, a company dealing
in real estate, hospitality, media and education. "We felt
that associating with this industry will certainly give us brand
recognition as well as our support for the best style statement,
which is the ethics of all the businesses we are in," says
Jyoti Narain, director and spokesperson, Pearls. The HDIL spokesperson
had explained his company's role almost identically.
Even the regular weeks are sponsored by Wills, Lakme and Van
Heusen, "all of whom have certain demands," says a designer
on condition of anonymity. Those in the fraternity bemoan such
tie-ups as they dilute the core, they feel. "India's weeks
are sponsored," says Nanda, explaining that, if the shows
are not supported, then the designer has to think about what he
or she is presenting - a norm in global fashion. Though no figure
is confirmed, it is estimated that a three year title sponsorship
deal could cost about Rs 25 crore. Associate sponsorships are
estimated to cost about Rs20-50 lakh.
So much priority did the French give to fashion that couturier
Rose Bertin served as minister for fashion in the late 18th century.
Even the more plebian-oriented Napoleon continued this office.
India is to yet to grant even an industry status to fashion. Global
evidence has amply shown that labels such as Dior or Pierre Cardin
became global names after shifting to prêt. Given that many
leading Indian designers do not even consider this option, the
stress in couture is perhaps the only way ahead.
(To open a PDF copy of this interview, click here.)
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