1942- started by grandfather, third generation
traders of imported wool
70s-80s- product line included sarees and indian ethnic wear
Took the business forward built the brand in the delhi area
Late 90s - unstitched dress materials- three piece suit sets
2nd branch @ high street market in delhi in 1993-94- South Ex.
2005- third gen. carry-forward the business
shawls, readymade kurtis, readymade ethnic garments
2013 - CP and South ex. branch divided b/w families
More expansion- new store in Pitampura in 2013
2016- first branch in a mall in Mall of India, Noida
Huge response after opening in mall, revenue-wise as well
customers from neighbouring cities also- Haryana, NCR etc
Ambience Mall in Vasant Kunj- floor not promoted by the mall, hence lukewarm response
oct 2021- Gurgaon opening, City centre Mall- huge fraternity of ethnic garment retailers, ethnicwear hub- v good response, good footfall and good conversion
Lucknow opening in August-Sept 2022
2016- readymade, lehengas, kurti etc - not online bc of sizing/order issues
GREENWAYS
Image- premium, one of the best stores for traditional silk & vintage sarees
printed sarees, only dealing in pure fabrics
primary category price range 5K +
winning category- 10-15K
not affordable, casual, not mass market
very exclusive
TA- Mature audience, not 20-40, mostly 40+
promote it to younger gentry, draping, accessories, etc- aimed towards youth, need to enlarge target audience for future returns, get younger gen excited about the brand, be approacheable to younger generation who remain loyal in their middle-age when they have purchasing power, younger crowd today making parents aware of new styles, as opposed to earlier parents used to encourage , younger gen- decision-making audience