FASHION RETAILING AND BRANDING (THEORY)

Paper Code: 
FSD 323
Credits: 
04
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 
  • To familiarize students with retailing concepts.
  • To understand brand management tactics as a means to increase local and international market share.
  • To Investigate the impact of the external marketing environment and emergent global issues on the fashion industry and enterprise

Course Outcomes (COs):

Courses

Learning outcomes

(at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

FSD 323

 

Fashion Retailing and Branding (Theory)

 

The students will be able to –

 

CO 69 Recognize the global trends in retailing.

CO 70 Analyze the knowledge of merchandising activities in a retail setup.

CO 71 Evaluate the importance of retail location and site selection.

CO 72 Identify the financial goals of the business and compare various performance objectives and measurements

CO 73 Review brands and branding strategies.

Approach in teaching:

Interactive Lectures, Group Discussions, Power point presentations,

 

Learning Activities for the students: Self-learning assignments, Effective questions, presentation Individual report on merchandising of retail stores and brand strategies.

Assessment task will include Class test on the topics, Semester end examinations, quiz, Visit report, student’s presentations and assignments.

 

 

12.00
Unit I: 
Introduction
  • Meaning and Definition, Social and economic Significance of retailing, Opportunities in retailing, characteristics of retailing
  • Historical perspective of Retail in India and current Scenario
  • Types of retailers, retail change drivers in India, evolution of retail formats
  • Service Retailing
  • Ethics and social responsibility
12.00
Unit II: 
Retail Strategy & Merchandise Management
  • Meaning and Definition, building sustainable competitive advantage, growth strategies, global growth strategies, retail planning process
  • Retail Value Chain
  • Merchandise category
  • Evaluating performance- GMROI
  • Managing Inventory Turnover
  • Merchandise management process
12.00
Unit III: 
Site Location & Financial Aspects of Retail
  • Evaluating a site for locating a retail store
  • Site characteristics
  • Retail Economics, measures of performance income statement and balance sheet, measure of performance evaluation- Ratio analysis
  • Measuring retail store and space performance, measuring employee productivity
12.00
Unit IV: 
Nature & types of Brand
  • Introduction of brands, Evolution and history of brands
  • Brand Development, Role of branding in business
  • Brand and Consumer psychology, Brand Loyalty, Brand Values
  • Manufacturers Brand, Private Labels, Licensed Brands, In-Store Brands, Generic Brands.
  • Categories: Mass Market, Premium, Luxury Brands
  • Brand Extension
12.00
Unit V: 
Branding
  • Brand Image & Brand Identity
  • Brand Personality & Brand Positioning
  • Brand Culture & Rituals, Brand Equity
  • Competitive Branding Strategies
Essential Readings: 
  1. Levy. M.,Weitz, B.A., Pandit.A.; Retailing Management, Tata McGraw Hill, 6th Edition, 2008.
  2. Gibson G. Vedmani: Retail Management – Functional Principles & Practices; Jaico publishing house.
  3. Dr. R.K. Mittal, Management Accounting & Financial Management,
  4. Chunawalla S. A., “Brand Management” ,Himalaya Publishing House,2010
  5. Swapna Pradhan : Retail Management, 2nd & 3rd edition, Tata McGraw Hill publishing company, 2008, 2009
  6. Chetan Bajaj, RajnishTuli, Nidhi V. Srivastava; Retail Management, Oxford University Press 2005
  7. Shanthi N M, Brand Management- The Emerging Paradigm”, The ICFAI University Press, New Delhi. 3rd edition, Hyderabad, 2006
References: 
  1. Barry Berman, Joel R Evans: Retail Management – A strategic approach; Pearson Education, Pearson Eductaion, Delhi 2006
  2. Sharma Jaya, “Brand Management” .Essential Books, New Delhi. 2009
  3. Kaled.K.Hameide, Fashion Branding Unravelled, Fairchild books, New York, A Division of Conde Nast publication
  4. Donnellan, John, Merchandise Buying and Management, Fairchild publications, New York, 1999
  5. Sherlekar, S.A. Marketing Management, 13th edition, Himalya Publishing house, 2005
Academic Year: